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Japanese Firm Plans Space Elevator That Could Get Us To Mars In Record Time
Obayashi Corporation first announced its plan for a space elevator in 2012. The company said it would start construction on $100-billion project in 2025 and operations could begin by 2050.
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US Tech Company Fined Rs 32 Lakh For Posting Discriminatory ''Whites Only'' Job Ad
The discriminatory advertisement was posted by Arthur Grand Technologies in March 2023 for a business analyst position.
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Microsoft Directed to Pay IPA Technologies $242 Million in Cortana Patent Lawsuit
Microsoft has been directed by a federal jury in Delaware to pay $242 million to patent owner IPA Technologies, after it determined that Microsoft's Cortana virtual-assistant software infringed an IPA patent. After a week-long trial, the jury agreed with IPA Technologies that Microsoft's Cortana voice-recognition technology violated the firm's IPA'...
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Trump's Media Company Replaces Auditor Amid "Massive Fraud" Charges
Former U.S. President Donald Trump's media and technology company said it had replaced its auditor, BF Borgers, after the U.S. Securities and Exchange Commission (SEC) charged the accounting firm with "massive fraud" on Friday.
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US Sanctions Network Facilitating Illegal Tech Transfer To Iran's Central Bank
The US Treasury Department unveiled sanctions against a network of companies and individuals Friday for facilitating illegal technology transfers from dozens of US firms to Iranian entities, including the country's central bank.
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Nvidia Market Cap Threatens Google Parent Alphabet After Overtaking Amazon
Nvidia came close to overtaking Google parent Alphabet on Tuesday as Wall Street's third most valuable company. The chipmaker overtook Amazon for the first time in two decades, with a higher market capitalisation than the US e-commerce giant. Nvidia has benefitted the most amid an ongoing race among technology companies to build AI into their produ...
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ChatGPT Maker OpenAI in Talks to Raise New Funding at $100 Billion Valuation
OpenAI is in early talks to raise new funding at a valuation at or above $100 billion, making the firm one of the most valuable startups in the world, and second to Elon Musk's Space Exploration Technologies in valuation in the US, according to CBInsights data.
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India's MoS IT Rajeev Chandrasekhar Reacts to Binance and Changpeng Zhao Debacle
Indian minister Rajeev Chandrasekhar has warned crypto firms against misusing technology to flout laws and accomplish illegal activities. Chandrasekhar is the Union Minister of State for electronics and technology in India. The warning comes after Binance CEO Changpeng Zhao pleaded guilty to having violated the US’s anti money laundering policies...
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US Sanctions 3 Chinese Firms For Giving Ballistic Missile Tech To Pakistan
The US has imposed sanctions on three China-based companies for supplying missile-applicable items and technology for Pakistan's ballistic missile programme, the US State Department said.
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Huawei Said to Be Building Secret Chip Network Across China to Skirt US Sanctions: Report
Huawei Technologies is reportedly building a collection of secret semiconductor-fabrication facilities across China to let the company skirt US sanctions, a Washington-based semiconductor association has warned.
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AI Use Rising in Online Misinformation Campaigns, but Impact Limited Till Now, Say Researchers
Google-owned US cybersecurity firm Mandiant said on Thursday it had seen increasing use of artificial intelligence (AI) to conduct manipulative information campaigns online in recent years, though the technology's use in other digital intrusions had been limited so far.
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US Government Launches Cyber Contest on AI to Find and Fix Security Flaws
The White House on Wednesday said it had launched a multimillion-dollar cyber contest to spur use of artificial intelligence (AI) to find and fix security flaws in US government infrastructure, in the face of growing use of the technology by hackers for malicious purposes.
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PayPal Launches US Dollar Stablecoin for Financial Payments, Transfers
Payments giant PayPal said on Monday it has launched a US dollar stablecoin, becoming the first major financial technology firm to embrace digital currencies for payments and transfers. While stablecoins have been around for years now, they are yet to successfully make headway into the mainstream consumer payments ecosystem.
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Blockchain Could Save Fintech Firms Billions as Sector Players Seek Improved Cross-Border Payments: Report
A Ripple survey has claimed that sticthing blockchain into the existing financial sector could save around $10 billion (roughly Rs. 82,252 crore) in the next seven years leading up to 2030. Out of the total respondents, 97 percent have expressed confidence that the blockchain technology has the potential of improving online payment services, especi...
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Huawei Plotting Return to 5G Phone Market Despite US Sanctions, Research Firms Claim
Huawei Technologies is plotting a return to the 5G smartphone industry by the end of this year, according to research firms, signalling a comeback after a US ban on equipment sales decimated its consumer electronics business. Huawei should be able to procure 5G chips domestically using its own advances in semiconductor design tools along with chipm...
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Japanese Firm Plans Space Elevator That Could Get Us To Mars In Record Time
Obayashi Corporation first announced its plan for a space elevator in 2012. The company said it would start construction on $100-billion project in 2025 and operations could begin by 2050.
-
US Tech Company Fined Rs 32 Lakh For Posting Discriminatory ''Whites Only'' Job Ad
The discriminatory advertisement was posted by Arthur Grand Technologies in March 2023 for a business analyst position.
-
Microsoft Directed to Pay IPA Technologies $242 Million in Cortana Patent Lawsuit
Microsoft has been directed by a federal jury in Delaware to pay $242 million to patent owner IPA Technologies, after it determined that Microsoft's Cortana virtual-assistant software infringed an IPA patent. After a week-long trial, the jury agreed with IPA Technologies that Microsoft's Cortana voice-recognition technology violated the firm's IPA'...
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Trump's Media Company Replaces Auditor Amid "Massive Fraud" Charges
Former U.S. President Donald Trump's media and technology company said it had replaced its auditor, BF Borgers, after the U.S. Securities and Exchange Commission (SEC) charged the accounting firm with "massive fraud" on Friday.
-
US Sanctions Network Facilitating Illegal Tech Transfer To Iran's Central Bank
The US Treasury Department unveiled sanctions against a network of companies and individuals Friday for facilitating illegal technology transfers from dozens of US firms to Iranian entities, including the country's central bank.
-
Nvidia Market Cap Threatens Google Parent Alphabet After Overtaking Amazon
Nvidia came close to overtaking Google parent Alphabet on Tuesday as Wall Street's third most valuable company. The chipmaker overtook Amazon for the first time in two decades, with a higher market capitalisation than the US e-commerce giant. Nvidia has benefitted the most amid an ongoing race among technology companies to build AI into their produ...
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ChatGPT Maker OpenAI in Talks to Raise New Funding at $100 Billion Valuation
OpenAI is in early talks to raise new funding at a valuation at or above $100 billion, making the firm one of the most valuable startups in the world, and second to Elon Musk's Space Exploration Technologies in valuation in the US, according to CBInsights data.
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India's MoS IT Rajeev Chandrasekhar Reacts to Binance and Changpeng Zhao Debacle
Indian minister Rajeev Chandrasekhar has warned crypto firms against misusing technology to flout laws and accomplish illegal activities. Chandrasekhar is the Union Minister of State for electronics and technology in India. The warning comes after Binance CEO Changpeng Zhao pleaded guilty to having violated the US’s anti money laundering policies...
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US Sanctions 3 Chinese Firms For Giving Ballistic Missile Tech To Pakistan
The US has imposed sanctions on three China-based companies for supplying missile-applicable items and technology for Pakistan's ballistic missile programme, the US State Department said.
-
Huawei Said to Be Building Secret Chip Network Across China to Skirt US Sanctions: Report
Huawei Technologies is reportedly building a collection of secret semiconductor-fabrication facilities across China to let the company skirt US sanctions, a Washington-based semiconductor association has warned.
-
AI Use Rising in Online Misinformation Campaigns, but Impact Limited Till Now, Say Researchers
Google-owned US cybersecurity firm Mandiant said on Thursday it had seen increasing use of artificial intelligence (AI) to conduct manipulative information campaigns online in recent years, though the technology's use in other digital intrusions had been limited so far.
-
US Government Launches Cyber Contest on AI to Find and Fix Security Flaws
The White House on Wednesday said it had launched a multimillion-dollar cyber contest to spur use of artificial intelligence (AI) to find and fix security flaws in US government infrastructure, in the face of growing use of the technology by hackers for malicious purposes.
-
PayPal Launches US Dollar Stablecoin for Financial Payments, Transfers
Payments giant PayPal said on Monday it has launched a US dollar stablecoin, becoming the first major financial technology firm to embrace digital currencies for payments and transfers. While stablecoins have been around for years now, they are yet to successfully make headway into the mainstream consumer payments ecosystem.
-
Blockchain Could Save Fintech Firms Billions as Sector Players Seek Improved Cross-Border Payments: Report
A Ripple survey has claimed that sticthing blockchain into the existing financial sector could save around $10 billion (roughly Rs. 82,252 crore) in the next seven years leading up to 2030. Out of the total respondents, 97 percent have expressed confidence that the blockchain technology has the potential of improving online payment services, especi...
-
Huawei Plotting Return to 5G Phone Market Despite US Sanctions, Research Firms Claim
Huawei Technologies is plotting a return to the 5G smartphone industry by the end of this year, according to research firms, signalling a comeback after a US ban on equipment sales decimated its consumer electronics business. Huawei should be able to procure 5G chips domestically using its own advances in semiconductor design tools along with chipm...
