In a significant development the U.S. Justice Department announced, it has selected an experienced computer crimes prosecutor to lead its new national cryptocurrency enforcement team and said the FBI is launching a unit for blockchain analysis and virtual asset seizure…. Read More ›
In a significant development Kyndryl, a former infrastructure services business of IBM, has struck a deal with Nokia to automate its factories using cloud computing and artificial intelligence over wireless networks. After being spun off from IBM in November 2021, Kyndryl… Read More ›
In a statement Meta Platforms Inc said, it had closed its acquisition of U.S. customer service startup Kustomer, after gaining antitrust approval from the European Commission last month. The acquisition was announced in November 2020 but got delayed due to regulatory… Read More ›
On Wednesday, in a statement Australia’s Liontown Resources said it has signed a five year agreement with Tesla to supply lithium spodumene concentrate for its electric cars. With the news reaching the market, shares of lithium miner’s went up by nearly 20%…. Read More ›
Ukraine’s defense ministry and two banks were subject to cyberattacks with their online networks overwhelmed by the attacks. Ukraine’s information security centre pointed the finger at Russia. “It is not ruled out that the aggressor used tactics of little dirty… Read More ›
According to a source familiar with the matter at hand, Intel Corp is close to acquiring Israel’s Tower Semiconductor for around $6 billion. The deal comes at a time when Intel is looking to advance its strategy of contract manufacturing chips… Read More ›
In a statement German Chancellor Olaf Scholz said, he expects clear steps from Russia to de-escalate a potential conflict with Ukraine, saying Germany and its Western allies are prepared for serious dialogue with Russia over European security. “We are ready… Read More ›
Although Russia and Ukraine hinted at new diplomatic efforts aimed at avoiding a conflict, two Ukrainian airlines have disclosed problems in securing insurance for some of their flights with foreign carriers beginning to avoid Ukrainian airspace. Ukraine’s biggest airline said,… Read More ›
In a significant development Turkish President Tayyip Erdogan landed in the United Arab Emirates marking his first visit to the Gulf state since 2013 underscoring greater economic cooperation between the two countries. According to a report from Emirati states news… Read More ›
In a statement global index provider MSCI Inc said, it was closely monitoring developments in Ukraine as well as access to the Russian equity market in the face of possible investment sanctions midst rising concerns of a potential Russian invasion…. Read More ›
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