Microsoft says another wave of Russian cyber-attacks has targeted government agencies and human rights groups in 24 countries, most in the US. It said about 3,000 email accounts at more than 150 different organisations had been attacked this week. The group responsible was the same one that carried out last […]
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Oil and gas giant Total will be rebranded as TotalEnergies as it shifts some of its focus towards renewable energy sources. Shareholders voted overwhelmingly in favour of the move and approved the firm’s environmental goals. “We want to become a sort of green energy major,” said chief executive Patrick Pouyanné. […]
WASHINGTON: The US economy grew at a robust annual rate of 6.4 per cent in the first three months of this year, unchanged from the government’s initial estimate. The recovery from last year’s deep recession gained steam has been helped by vaccines to combat the virus and trillions of dollars […]
Amazon has agreed to buy the historic MGM studios for $8.45bn (£5.97bn). MGM is one of Hollywood’s most famous studios, having produced classic films such as Some Like It Hot and Singin’ In The Rain. The sale will give the tech giant’s Prime streaming service access to a huge back […]
SHANGHAI: Cryptocurrency mining operators, including a Huobi Mall and BTC.TOP, are suspending their China operations after Beijing stepped up its efforts to crack down on bitcoin mining and trading, sending the digital currency tumbling. A State Council committee led by Vice Premier Liu He announced the crackdown late on Friday […]
CAIRO: The owner of a container ship that blocked the Suez Canal in March says the canal authority was at fault over its grounding as it disputes the vessel’s detention and a compensation claim, a lawyer representing the owner said on Saturday (May 22). The Ever Given, one of the […]
MUMBAI: Hackers have stolen data on about 4.5 million Air India passengers around the world in the latest breach reported by a major airline. Names, credit card numbers and passport information were among the data stolen, Air India said in a statement released late Friday (May 21). The state-owned giant […]
HONG KONG: China’s Internet watchdog said on Friday (May 21) it had found Bytedance’s Douyin, Microsoft Bing, LinkedIn and 102 other apps were engaged in improper collection and use of data and ordered them to fix the problem. The Cyberspace Administration of China (CAC) said that the 105 apps violated […]
BEIJING: Bitcoin plunged below US$40,000 for the first time in more than three months on Wednesday (May 19) after China said cryptocurrencies would not be allowed in transactions and warned investors against speculative trading in them. The comments sent the unit diving more than 10 per cent and dealt it […]
HANOI: Vietnam’s northern province of Bac Giang ordered on Tuesday (May 18) four industrial parks, including three that house production facilities of Taiwan’s Foxconn, to temporarily shut down due to an outbreak of COVID-19. The industrial parks will be closed until further notice, the province’s People’s Committee said in a […]