Bye, bye Bill! Russia’s nuclear officials abandon America’s Microsoft Office software & switch to home-designed tech — reports

Moscow officials are set to pull the plug on a multimillion-dollar deal with US computing giant Microsoft, and instead buy the rights to a Russian-made suite of programs for employees of the country’s nuclear safety regulator. On Wednesday, the Vedomosti newspaper reported that a source from the state atomic energy corporation, Rosatom, confirmed it had […]

Continue Reading

Parler CEO denounces ‘coordinated attack’ by Big Tech as Amazon prepares to pull plug on its servers

Amazon is preparing to pull the plug on Parler, suspending it from web hosting services, after Apple and Google banned the app from their respective app stores in what the company’s CEO John Matze called a “coordinated attack.” While the conservative-friendly social media company hopes to move to a new hosting provider soon, it acknowledged […]

Continue Reading

How the massive Twitter hack may have happened

They are not the only ones searching for answers. So are members of Congress, cybersecurity experts, and Twitter itself. The FBI is involved, too: Officials said Thursday they are investigating the incident, and law enforcement sources have told CNN the agency is reviewing what appear to be screenshots of Twitter’s internal account management software circulating […]

Continue Reading

California sues Cisco for alleged discrimination against employee because of caste

The lawsuit, filed by California’s Department of Fair Employment and Housing on Tuesday, alleges that Cisco (CSCO) “engaged in unlawful employment practices on the basis of religion, ancestry, national origin/ethnicity and race/color” against the engineer, who was not named in the complaint. The lawsuit identifies the engineer as a Dalit, the lowest caste in India’s […]

Continue Reading

What pandemic? Tesla really wants an in-person annual meeting

But that won’t do for Elon Musk, a vocal critic of Covid-19 safety measures. And while almost every major company has shifted to virtual annual shareholder meetings in recent months, Telsa insists it will hold its own gathering the old fashioned way, in a room filled with investors, Tesla executives and board members. In a […]

Continue Reading

Apple’s iOS 14 borrows some features from Android

On Monday, Apple (AAPL) unveiled a long list of updates coming to its newest iPhone operating system, iOS 14, at its annual Worldwide Developers Conference, some of which borrowed from features previously introduced by other tech companies, including Slack (WORK), Facebook’s WhatsApp and, of course, Android, which is owned by Google. As part of the […]

Continue Reading

Ex-CEO arrested after $2.1B went missing

Munich prosecutors confirmed Tuesday that Braun, Wirecard’s former CEO, was arrested on suspicion of having inflated the digital payment company’s balance sheet and sales through fake transactions in order to make it more attractive to investors and customers. Prosecutors said that Braun may have acted in cooperation with other perpetrators. Wirecard (WCAGY) acknowledged on Monday […]

Continue Reading

Wirecard says missing $2 billion never existed. Its stock is down 85% in 3 days

The tech firm said in a statement Monday that after “further examination,” its board believes there is a “prevailing likelihood” that €1.9 billion ($2.1 billion) in cash that was supposed to be in its accounts does not exist. Shares in Wirecard (WCAGY) plunged in early trading on Monday. The stock has lost more than 85% […]

Continue Reading

Asia's richest man now among world's top 10

Ambani is the chairman and chief executive of one of India’s most valuable companies, Reliance Industries. His net worth recently surged to $64.5 billion, edging out Oracle’s Larry Ellison and French L’Oreal heiress Francoise Bettencourt Meyers for the No. 9 spot on the list, according to the Bloomberg Billionaires Index. Ambani is the only person […]

Continue Reading