The Asian giant, Japan, kept the overall assessment of its economy intact for a second straight month in July. Remarkably, that is retaining the view that conditions remain severe due to the impact of the COVID-19 pandemic. A monthly report, which was approved by Prime Minister Yoshihide Suga’s cabinet on July 19, revealed that the …
Japan keeps the overall assessment of its economy intact Read More »
Customers can now pay $199 per month to subscribe to Tesla’s premium driver assistance package rather than spending $10,000 upfront. The driver assistance technology, dubbed Full Self-Driving Capability (or FSD), does not make Tesla’s electric vehicles safe to drive without an attentive driver behind the wheel. A monthly subscription for full self-driving functionality is now …
Forex weekly overview This week went quite interestingly for the U.S. dollar and euro. The euro-dollar exchange rate closed at 1.1835 US dollars after a high of 1.1839 U.S. dollars and a low of 1.1772 U.S. dollars. The direct currency pair gained support and reversed its trend, rising on the day. Due to the renewed …
Weekly Overview: Forex, Crypto, Stocks, Commodities Jul 16 Read More »
The Bank of England is concerned about the growing influence of cloud computing in finance. The bank of England has called for new rules to govern the use of services such as Amazon (AMZN) Web Services and Microsoft (MSFT) Azure in industries such as banking and insurance. The central bank identified the rise of cloud …
Bank of England eyes power of Amazon and Microsoft Read More »
The competition between the United States and China in the development of quantum technology has ramifications. Both the future of science and the political relations between the two countries could be affected by these events. When a team of Chinese scientists used entangled photons from the country’s Micius satellite to make the world’s first quantum-secured …
Global Quantum Race – Competition between U.S. and China Read More »
The major indexes briefly traded in the red as stocks dropped ahead of congressional testimony from Fed chief Jerome Powell. However, near the close, the indexes recovered. The Dow Jones Industrial Average traded higher. Meanwhile, the S&P 500 rebounded and led the indexes with a modest gain. The Nasdaq composite also witnessed a small rise. …
Major indexes fell ahead of testimony from Jerome Powell Read More »
On Tuesday, Microsoft revealed that Chinese hackers exploited a zero-day vulnerability in a SolarWinds product. According to Microsoft, the hackers were almost certainly targeting software companies and the US defense industry. SolarWinds disclosed the zero-day vulnerability on Monday. After receiving notification from Microsoft, a previously unknown vulnerability in the SolarWinds Serv-U product actively line exploited. …
Chinese Hackers Access To Microsoft Customer Servers Read More »
On Tuesday, France’s antitrust watchdog fined Alphabet’s Google 593 million euros. In a dispute with the country’s news publishers, the company had a fine for failing to comply with temporary orders issued by the regulator entirely. After refusing to comply with a 2019 EU law governing digital copyright, the French competition authority ordered Google to …
France’s antitrust watchdog fines Google 500 mln euro Read More »
On Monday, Dow Jones Industrial Average futures fell after the measure closed out the prior week at a record. According to the latest data, the second-quarter earnings season kicks off on Wall Street. Meanwhile, big banks will start reporting results on Tuesday. Dow Jones futures declined by 0.4%, which equals 139 points. Additionally, S&P 500 …
Dow fell from a record high; Q2 earnings season kicks off Read More »
According to a scholar at the Center for Strategic and International Studies, Beijing’s assault on technology firms is “backfiring” on China. US politicians ask for monitoring on Chinese enterprises hoping to list in the United States. China cracked down on ride-hailing firm Didi last weekend. Now there is fresh concern about the regulatory inspection of …
Crackdown on Chinese tech giants is backfiring on Beijing Read More »
After security researchers uncovered a critical vulnerability in the operating system, Microsoft recommends Windows users install an update as soon as possible. The PrintNightmare security issue affects the Windows Print Spooler service. Researchers from the cybersecurity firm Sangfor inadvertently published a how-to guide for exploiting it. In late May, the researchers announced that they had …
Asia Pacific stocks fell on July 7 morning as investors are concerned about the economic outlook and the spread of the delta strain of COVID-19. The benchmark 10-year U.S. Treasury yields hit February lows. The decline came after data revealed the U.S. Institute of Supply Management non-manufacturing purchasing managers index (PMI) in June was 60.1. …
Asian stocks dip amid concerns of economic outlook and Delta Read More »
It is a strict timing for tech companies like Google, Facebook, Twitter all around the world. Now, Hong Kong’s leader announced that these tech giants might have to quit the country’s financial hub on Tuesday. The decision followed the authorities pushing ahead with the new privacy law. Asia Internet Coalition sent the letter of notice. …
Tech Giants Might Have to Head Out From Hong Kong Read More »
China’s technology giants are having a hard time. The government decided to target their data collection and accuse them of illegal activities. On Monday, China’s National Internet Information Office also launched a cybersecurity investigation into Bosi Zhipin and All Truck Alliance subsidiaries. These are listed in the United States. A day ago, CAC ordered the …
China accuses tech companies of illegal data collection Read More »
Amazon announced on Thursday that it plans to develop new technology for its automated delivery vehicles in Helsinki, Finland. The Seattle-based technology giant said in a blog post that it is building a new “development center” to support Amazon Scout. This all-electric automated delivery robot is being tested at four locations in the United States. …
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