China holds drill to shut down ‘harmful’ websites China held a drill on Thursday with internet service providers to practice taking down websites deemed harmful, as the country’s censors tighten control ahead of a sensitive five-yearly political reshuffle set to take place later this year. Internet data centers (IDC) and […]
Boeing wins $409 million contract to develop next generation technologies Pentagon Boeing Co (BA.N) has been awarded a $409 million Air Force contract for next-generation thermal, power and controls, part of a government and industry joint effort to develop revolutionary and innovative technologies, the Pentagon said on Thursday. source:-https://www.reuters.com/article/us-boeing-defense-contract-idUSKBN1AJ2Z5
Amazon picks its first Australian warehouse, a step towards launching U.S. retail giant Amazon.com unveiled the location of its first warehouse in Australia on Thursday, picking an industrial area outside Melbourne in a major step towards launching operations in the world’s 12th-largest economy. Australians can already buy Amazon products from […]
Wisconsin company offers employees microchip implants A Wisconsin vending machine company is offering its employees a chance to have a microchip implanted in their hands that they could use to buy snacks, log in to computers or use the copy machine. About 50 employees at Three Square Market have agreed […]
Corporate profits to take more hits from Ukraine cyber attack The cyber attack that crippled Ukraine businesses and spread worldwide to shut down shipping ports, factories and businesses has taken a costly toll on the results of major U.S. and European companies in the latest quarter, with more to come. […]
HBO conducts forensic review to understand scope of hack HBO’s chief said on Wednesday that the company is conducting a forensic review of its computer systems to better understand the scope of a cyber attack that surfaced over the weekend. Entertainment Weekly reported on Monday that hackers stole 1.5 terabytes […]
Amazon China partner tells users to stop using illegal VPNs A Chinese partner of global e-commerce firm Amazon.com Inc has told customers to stop using illegal virtual private networks (VPNs), which can circumvent internet censorship. The instruction comes after Apple Inc removed VPN services from its Chinese app store over […]
Fitbit tops revenue estimates, expects smartwatch for holiday season Wearable device maker Fitbit Inc reported a smaller-than-expected drop in quarterly revenue on Wednesday, and said it was on track to launch its much-awaited smartwatch for the holiday season. Shares of Fitbit – which sells colorful wristbands that monitor heartrate, tracks […]
Square beats expectations on higher transactions Payments company Square Inc (SQ.N), reported a better-than-expected 26 percent jump in quarterly revenue on Wednesday, as larger businesses used its technology to process transactions and it expanded the range of financial products it offers. The San Francisco-based company, led by Twitter Inc (TWTR.N) […]
Model 3 demand, higher revenue propel Tesla shares higher Tesla Inc reported quarterly revenue that doubled on Wednesday and a loss that was the electric car maker’s largest ever, but its shares rose after revealing more than 1,800 daily reservations for the Model 3 and predicting increased Model S deliveries […]