, Pioneer in PCs bids Goodbye: Toshiba Exits Laptop business
Toshiba takes a sharp exit out of laptop business as it transfers its outstanding shares to Sharp Corporation.
, Capital One fined $80 million for breach that exposed 100 million accounts
Capital One Financial Corp. has been penalized $80 million by the U.S. Treasury Department for a data breach of its accounts that occurred a year ago. It has been accused of carelessness in its security network that enabled a hack to access personal information of 106 million credit card holders of the bank.
, Private Equity Firm Blackstone Acquires Ancestry for $4.7 Billion
Fading interest and a tight market have forced Ancestry to seek greener pastures to keep their genomics tree growing.
, AMD posts $1.93 Billion revenue growth, strong sales
AMD is witnessing an upswing in its business with its nearest rival, Intel, facing problems in delivering its products on time. AMD has gone ahead in its innovations with a well-defined Zen 2 processor architecture and a 7-nanometer chip.
, 1 Million Bitcoins in Use by Dark net and Scammers
The darknet use cryptocurrencies to carry out nefarious activities and a crypto research firm says 1 million Bitcoins are being used by scammers etc, the good news is that such activities are restricted by exchanges and countries with strict norms
, SAP Hives off Qualtrics, will Go Public with it soon
SAP is going public with Qualtrics as a separate entity, though will keep the majority shares with itself. The timing is right for the customer tracking software company to take advantage of the tech rally at the bourses
, Intel Chief Hints at Outsourcing Chip Making
Apple has been unhappy with the progress of Intel’s chip designs and has blamed it for the slowdown in its sales of Mac computers. Intel’s updates for the MacOS have been few and far between in recent years, which has led to customer complaints.
, Samsung app confirms Galaxy Bean Bud leaks
Samsung’s new bean-shaped earbuds images were leaked online along with pictures of its charging case recently. And now an early update to Samsung’s Galaxy Buds companion app has confirmed nearly all the details that were speculated on previously.
, Android’s new Update 11 goes by the name of Red Velvet Cake
Google’s alphabetical dessert naming tradition started in 2009 with the Android 1.5 cupcake. And then there was KitKat, Oreo, Marshmallow, and then Nougat and Pie in recent years.
, T-Mobile to stop support for non VoLte phones in 2021
T-Mobile will no longer sign up any phones on its network without VoLTE support. AT&T has already sent out similar notices, it will stop support in February 2022.
, Tesla Announces Austin, Texas as its choice for Cybertruck Factory
Tesla, Inc. announced the location of its next US Gigafactory at a press conference after declaring the second quarter results of Tesla, putting to rest all speculations about the venue. Elon Musk, the billionaire CEO, revealed that the upcoming Cybertruck will be built in Austin, Texas, and construction is “already underway, it started this weekend.”
, Tech Billionaires Get Richer Amid Covid Crisis
In the US, billionaires have become richer to the tune of $565 billion since March Steve Ballmer, Jeff Bezos and Elon Musk have all added to their wealth since January,
, Japanese firm launches Smart C-Mask: Connects to Smartphone, talks in 8 languages
A Japanese startup has developed a smart mask, C-Mask, which connects to the smartphone and also allows you to make calls remotely.
, Apple Card adds Experian for Credit Reporting
Apple Card credit report can be generated on TransUnion and Experian now, though how it affects the credit score depends on one’s spending.
, $1.3 billion transactions on crypto exchanges originated from suspicious addresses
Crypto exchanges are transacting currencies originating from suspicious addresses as most circumvent compliance norms and ranking agencies have faulty benchmarks to rank them.
, Microsoft to shed more staff at MSN as it turns to AI
Microsoft is laying off its MSN team amid a controversial shift to artificial intelligence for editorial choices. AI will now curate and edit news that is presented on the MSN website.
, Google to invest $10 billion as competition heats up in India
Google will invest $10 billion in India over the next five to seven years to compete with its counterparts, such as Facebook and Amazon.
, Analog Devices buys Maxim for $20 billion
The semiconductor industry is booming with all new technology and innovations turning to chips to keep them connected and carry the load of information. Analog and Maxim coming together should worry Texas Instruments, a worthy competitor and a leader in analog semiconductors with a $119 billion market value.
, Novogratz says stock rally is a bubble ready to burst
“The economy is grinding, slowing down, we’re lurching in and out of COVID, yet the tech market makes new highs every day. That’s a classic speculative bubble.”
, Slovenian firm reveals Zoom flaw for Windows Pcs
A Slovenian firm Arcos Security says Zoom is vulnerable in Windows 7 machines. The flaw is termed as Zero-day impact. The security firm says Zoom can be exploited to hack into computers running Windows 7. It allows remote code execution and installation of malware into a victim’s computer. Arcos Security was tipped off of the packability by an unnamed security researcher.
, Netflix appoints marketing honcho Bozoma Saint John as CMO
Netflix, the content streaming giant, has appointed Bozoma Saint John as its chief marketing officer. Saint John is the third CMO to occupy this …
