India takes bold move in waging economic war with China as the country chooses to ban everything, including popular mobile applications. The Indian government called the move as a digital strike, as 59 Chinese apps were restricted, including the famed...
Check Point security researchers found massive vulnerabilities amounting to 400 in number within the Qualcomm Snapdragon digital signal processor (DSP) chip. If exploited, the security researchers say the flaw could put millions of users at risk around the globe...
Private equity firm Blackstone Group Inc. revealed that it will be buying genealogy service Ancestry.com for $4.7 billion, said Reuters. The company will be snagging the provider from rival private equity firms and will also be covering existing debts. According...
American multinational firm International Business Machines Corp. (IBM) has improved the functionality of the mainframe focused storage by adding cloud tiering. The transparent cloud tiering is part of the Spectrum Scale feature that aims to cluster files into the object...
Capital One Financial Corp. is set to pay a huge $80-million fine to the Office of the Comptroller of the Currency (OCC) following its massive data breach in 2019, reports Reuters. The bank also faces a similar arrangement with...
A group of legislators contacted the California Department of Motor Vehicles (DMV) on Wednesday asking for an explanation regarding its reported selling of drivers’ data, said VICE. This group was led by Congress member Anna Eshoo. The inquiry came after...
Imaging solutions company Canon recently suffered an outage which may be caused by ransomware, said infosec site Bleeping Computer. Allegedly, about 10TB of data from multiple services have been stolen. According to Bleeping Computer, Canon’s newly released image.canon cloud storage...
Twitter announced Wednesday, August 5, 2020, its latest security flaw. According to the disclosure by the social networking app, users with devices on Android OS versions 8 and 9 may have had their direct messages exposed, reports CNBC. There are...
Travel management company Carlson Wagonlit Travel (CWT) paid approximately $4.5 million ransom to get its data back from an intrusion that happened last Aug. 1, 2020. The cyber incident caused CWT’s system to shut off to contain the infection. The...
The project Filecoin created by Protocol Labs will start its incentivized testnet this week for the peer-to-peer storage system. Before the network goes live next month, the crypto project ushers developers to test the effectiveness of the system. By participating...
A number of families have filed a class-action lawsuit against the Chinese social networking platform TikTok for allegedly stealing data and sending information over to its home country. Among the information supposedly compromised and breached by the social networking app...
Google’s plan to acquire wearable tech company Fitbit will be delayed as the European Commission (EC) decided to investigate the deal through the EU Merger Regulation. The probe was prompted to evaluate Google’s use of data, especially with regard...
A study by researchers at Eindhoven University of Technology (TU/e) in The Netherlands suggested that technology involving laser pulses could supply the requirements data storage of the future. AZO Optics said that laser could be used for efficient storage...
Social media giant Twitter said on Monday, Aug. 3, that it expects a loss of $250 million related to misuse of user data back in 2013. In an issue related to a Federal Trade Commission (FTC) complaint, the platform allegedly...
Cloud-based data integration platform Hevo Data raised $8 million in the recent Series A funding round. The investment round was led by Singapore-based venture capital firm Qualgro and Lachy groom. According to Tech Crunch, this brings the startup company’s...
Singapore-based data storage network company Bluezelle announced in a press statement that it will launch phase 1 of the mainnet offer to users this coming August 8, 2020. The distributed storage network is eyeing tokens and rewards offers to participate...

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