Tue, April 23, 2024

Tech stocks trading

The Rising Yield On The US Treasury Heavily Impacts China

Global Quantum Race – Competition between U.S. and China

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 …

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Chinese Hackers Access To Microsoft Customer Servers

Chinese Hackers Access To Microsoft Customer Servers

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. …

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Google

France’s antitrust watchdog fines Google 500 mln euro

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 …

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China, Economy and coronavirus pandemic

Crackdown on Chinese tech giants is backfiring on Beijing

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 …

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Windows microsoft

Microsoft releases an urgent security alert

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 …

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tech giants, facebook and google subsea cables

Tech Giants Might Have to Head Out From Hong Kong

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. …

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China

China accuses tech companies of illegal data collection

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 …

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amazon

Amazon is building a delivery robot in Finland

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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Chinese firm, Didi Global, hit $68 billion after U.S. debut

Didi Global Inc made its long-awaited debut as a public company on Wednesday. Its shares ended their first day of U.S. trading slightly over their initial public offering price, valuing the firm at $68.49 billion in the biggest U.S. listing by a Chinese firm since 2014.  Significantly, Didi Global is the Chinese riding-hailing company that …

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Russia opens lawsuits against Google and other tech giants

Russia opens lawsuits against Google and other tech giants

The Russian communications regulator Roskomnadzor has filed an administrative lawsuit against Google. The event happened after the U.S. technology giant failed to comply with a law requiring foreign companies to keep all data of Russian users in Russia. If the regulator finds that Google has violated the rules, Google will face a fine of up …

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Wibest – Facebook.com: A cut out of the Facebook logo.

Facebook hit $1trillion after the antitrust case dismissal

Facebook’s market value closed at more than $1 trillion for the first time on Monday. This social media company is the fifth American company to reach this milestone after Apple, Microsoft, Amazon, and Google’s parent company, Alphabet. On Monday, a U.S. judge dismissed a federal and state antitrust lawsuit against Facebook Inc. The lawsuit sought …

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SolarWinds hackers now attack Microsoft's agent's computer

SolarWinds hackers now attack Microsoft’s agent’s computer

According to Microsoft, a hacker linked by the U.S. authorities and the Russian Foreign Intelligence Service installed malicious information-stealing software on one of its systems. The hackers used the collected information to attack their customers. The hackers broke into a computer used by a Microsoft customer support employee. They gained access to different types of …

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