Author Archives
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IEX Group’s Investors’ Exchange will compete with NYSE and NASDAQ
The fact that the NYSE has copied some of IEX’s features show IEX’s threat potential. The SEC has given the New York Stock Exchange the green signal for implementing what is known as a speed bump on one of its… Read More ›
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Intelligence sharing pact with U.S. ally at risk
The Washington Post has reported that U.S. President Donald Trump shared intelligence with Russians without first consulting the source who supplied that piece of intelligence thus endangering intelligence sharing ties amongst U.S. allies. Reuters has reported that U.S President Donald… Read More ›
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Misrepresentation of data privacy measures by companies likely to attract lawsuits from the FTC
Lawsuits are likely to follow in the wake of the global ransomeware attack. According to legal experts, businesses which failed to update their Microsoft Windows-based operating system, could be sued over lax cyber security practices, although Microsoft Corp by itself… Read More ›
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Cyber tech stocks surge in the wake of the WannaCry attack
Investors are focusing on opportunities that the attack has presented for Tech companies. Cyber security experts have found evidence that point to a North Korea link in the WannaCry “ransomware” global cyberattack that has infected 300,000 devices across 150 countries,… Read More ›
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Microsoft slams government for its duplicity on vulnerabilities
The attacks stem from a collection of vulnerabilities collected by the NSA, which collected vulnerabilities and created tools to use the exploits for espionage and cyber attack purposes. The vulnerabilities and the tools were released by a hacking group known… Read More ›
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Lyft enters into a joint collaboration with Google’s Waymo
This has implication for Uber, currently the world’s largest ride sharing company. The New York Times has reported, Waymo and Lyft Inc have signed a collaboration agreement to bring autonomous vehicle technology into the mainstream. The collaboration between the U.S…. Read More ›
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Renault factories expected to hit the road running today
Thank god the global cyber attack happened on a weekend, on a weekday, there would have been a bloodbath. A spokesman for Renault has stated, it expects its production to be at normal levels on Monday after a massive wave… Read More ›
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VW surges ahead putting its 3.0 litre diesel engine emission scandal behind
Having admitted to allegations stemming from the diesel emission scandal, Europe’s biggest car maker is making rapid strides to leave it behind. Here is the order of U.S. District Judge Charles Breyer against the company’s 3.0 litre diesel-scandal-emission-linked models. U.S…. Read More ›
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The gasoline industry is all set to be transformed
Asian economies and electric carmakers are going to be key players in this unfolding scenario. Oil and auto executives have disclosed, with India and China shifting their focus from gas-guzzling gasoline engine powered cars to electric vehicles, demand for gasoline… Read More ›
