A problem with Tesla servers on Friday once again left hundreds of drivers unable to enter and operate their electric cars. CEO Elon Musk said the company would do its best to prevent outages from happening in the future. Tesla cars require the use of a cell phone to gain …
Read More »‘Billions’ lost through hacks of crypto lending platforms
New research by blockchain analytics firm Elliptic showed that fraud and theft at decentralized finance platforms have led to $10.5 billion in losses so far this year. According to the report, published on Thursday, cash has been pouring into the so-called DeFi platforms, reflecting the explosive interest in cryptocurrencies. DeFi …
Read More »Indonesia Muslim body forbids cryptocurrency trading under Islamic law
Indonesia’s top religious body has declared that Bitcoin and other cryptocurrencies are forbidden under Islamic law and should not be traded in the world’s biggest Muslim majority nation. The country’s powerful Ulema Council issued a fatwah, or religious edict, as virtual currency trading soars in Indonesia and elsewhere. Fatwas have …
Read More »Large parts of world not ready for zero-emission cars: Toyota
Large parts of the world are not ready for zero-emission vehicles, which is why Toyota Motor Corp did not sign a pledge this week to phase out fossil-fuel cars by 2040, the world’s largest automaker said on Thursday. Six major carmakers, including General Motors, Ford, Sweden’s Volvo Cars, and Daimler …
Read More »Turkey releases US citizen accused of being behind coup messaging app: Report
Turkey has reportedly released a Turkish-American man imprisoned for being the license holder of an encrypted messaging app allegedly used during the attempted coup in 2016, a Turkish opposition website said Wednesday. “The İstanbul 29th High Criminal Court ruled to release Alpaslan Demir, who changed his name to David Keynes …
Read More »Twitter flags US lawmaker’s anime video on Biden, Ocasio-Cortez for violating policy
Twitter Inc added a warning label on Tuesday to an anime video shared by US Republican lawmaker Paul Gosar, depicting him swinging swords at President Joe Biden and killing Democratic congresswoman Alexandria Ocasio-Cortez. Twitter said the video violated its “hateful conduct” policy and restricted engagement with the tweet, blocking the …
Read More »US blacklists Israeli firm behind Pegasus spyware
The United States has put an Israeli spyware company on its blacklist following confirmation that the firm’s phone-hacking tools, like Pegasus, had been used by foreign governments to “maliciously target” journalists and officials. The US Commerce Department said in a statement on Wednesday that the Joe Biden administration had added …
Read More »Facebook is pulling the plug on its facial recognition system
Facebook’s new parent company Meta will shut down its facial recognition system and delete the faceprints of more than one billion users. Facebook announced it is pulling the plug on its facial recognition system and will delete the faceprints of over one billion users, as the company tries to rebound …
Read More »Apple results hit by supply chain woes
Supply chain woes cost Apple Inc $6 billion in sales during the company’s fiscal fourth quarter, which missed Wall Street expectations, and Chief Executive Tim Cook said that the impact will be even worse during the current holiday sales quarter. Cook told Reuters on Thursday the quarter ended Sept. 25 …
Read More »EU to investigate Nvidia’s $54 bln ARM bid, says the deal may harm competition
EU antitrust regulators opened on Wednesday a four-month-long investigation into Nvidia’s $54 billion bid for British chip designer ARM, saying the deal could lead to higher prices, less choice, and reduced innovation. The European Commission said concessions offered by the world’s biggest maker of graphics and artificial intelligence (AI) chips …
Read More »Facebook will fuel further unrest, whistleblower says
Facebook will fuel more violent unrest around the world because of the way its algorithms are designed to promote divisive content, whistleblower Frances Haugen told the British parliament on Monday. Haugen, a former product manager on Facebook’s civic misinformation team who has turned whistleblower, appeared before a parliamentary select committee …
Read More »A New York Times journalist was targeted by Pegasus spyware linked to Saudi Arabia, according to report
New York Times reporter Ben Hubbard had his phone hacked on numerous occasions, and cybersecurity researchers say Saudi Arabia was to blame. The hackers reportedly used the notorious Israeli-made ‘Pegasus’ spyware. Hubbard, a reporter covering the Middle East, wrote on Sunday that a hacking attempt was first made on his …
Read More »Epic Games opposes Apple’s effort to pause antitrust trial orders
“Fortnite” creator Epic Games on Friday opposed Apple Inc’s efforts to put on hold orders handed down in an antitrust trial as a potentially lengthy appeals process plays out. U.S. District Judge Yvonne Gonzalez Rogers in September struck down some of the iPhone maker’s App Store rules, including a prohibition …
Read More »US intel warns China could dominate advanced technologies
US officials are issuing new warnings about China’s ambitions in artificial intelligence and a range of advanced technologies that could eventually give Beijing a decisive military edge and possible dominance over health care and other essential sectors in America. The warnings include a renewed effort to inform business executives, academics, …
Read More »Facebook plans to change its name: Report
Social media giant Facebook Inc is planning to rebrand itself with a new name next week, The Verge reported on Tuesday, citing a source with direct knowledge of the matter. Facebook Chief Executive Officer Mark Zuckerberg plans to talk about the name change at the company’s annual Connect conference on …
Read More »US jury convicts man who created computer code to help ISIS
A US federal jury convicted an Illinois man on Monday for creating a computer script intending to help ISIS spread propaganda online, according to a Department of Justice statement. Chicago man Thomas Osadzinski, 22, designed a computer script that he believed would make it easier for ISIS to reproduce its …
Read More »Apple expected to unveil new Macs with more powerful chips
Analysts expect Apple Inc to unveil new Mac laptop computers with more powerful processor chips at an event that will be streamed later Monday. Bloomberg has previously reported that Apple plans to release two new MacBook Pro models with 14-inch and 16-inch screens. The Cupertino, California-based company introduced some new …
Read More »Ransomware attacks cost US $59 million in 2021
The US Treasury Department has reported more than half a billion dollars was paid by victims of ransomware cyber-attacks in the first six months of 2021. The ransomware attackers use malicious software that encrypts a victim’s files and holds the data hostage until a ransom is paid. The Treasury’s Financial …
Read More »Seoul police arrest four over cameras hidden in entire motel
South Korean police have arrested four people for allegedly installing hidden cameras in the rooms of an entire motel and attempting to extort money from the hundreds of guests who were filmed. The suspects filmed for months and tried to blackmail some guests with threats to release their videos but …
Read More »Boeing finds new defect in continuing struggle to produce Dreamliner 787
Boeing Co said on Thursday that some titanium 787 Dreamliner parts were improperly manufactured over the past three years, the latest in a series of problems to plague the wide-body aircraft. The quality issue does not affect the immediate safety of flights, the company said, adding it had notified the …
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