newszine

Microsoft to invest $1.1 billion in Mexico over next five years: CEO

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FILE PHOTO: Microsoft CEO Satya Nadella addresses a news conference in Berlin, Germany February 27, 2019. REUTERS/Fabrizio Bensch MEXICO CITY (Reuters) – Microsoft (MSFT.O) Chief Executive Satya Nadella said the technology giant will invest $1.1 billion in Mexico over the next five years, according to a promotional video released by the Mexican government on Thursday. Read More

Georgia, backed by U.S. and Britain, blames Russia for ‘paralyzing’ cyberattack

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TBILISI (Reuters) – Britain and the United States joined Georgia on Thursday in blaming Russia for a large-scale cyber attack last year that knocked thousands of Georgian websites offline and disrupted national television broadcasts. State, private and media websites were taken out by the attack on Oct. 28, including those belonging to the Georgian president’s Read More

EU privacy body warns of privacy risks in Google, Fitbit deal

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FILE PHOTO: Fitbit Blaze watch is seen in front of a displayed Google logo in this illustration picture taken, November 8, 2019. REUTERS/Dado Ruvic/File Photo BRUSSELS (Reuters) – Alphabet Inc-owned (GOOGL.O) Google’s $2.1 billion bid for fitness trackers company Fitbit (FIT.N) could pose privacy risks, the European Data Protection Board (EDPB) warned on Thursday, adding Read More

Taiwan’s Foxconn warns of negative revenue impact from virus outbreak

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FILE PHOTO: The logo of Foxconn, the trading name of Hon Hai Precision Industry, is seen on top of the company’s building in Taipei, Taiwan March 30, 2018. REUTERS/Tyrone Siu TAIPEI (Reuters) – Taiwan’s Foxconn on Thursday said a coronavirus outbreak will lead to lower full-year revenue and the company will “cautiously” resume output at Read More

EU plans new rules for AI but experts seek more detail

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The European Commission has said it intends to draw up new rules to protect citizens against misuses of artificial intelligence (AI) tech. It likened the current situation to “the Wild West” and said it would focus on “high-risk” cases. But some experts are disappointed that a white paper it published did not provide more details. Read More

Facebook boss faces ‘blow-dried armpit’ jibes

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Facebook boss Mark Zuckerberg has faced jibes on social media over claims he has staff blow-dry his armpits before public appearances. The claim is from a new book, Facebook: The Inside Story by Steven Levy, that will be released later this month. A Bloomberg review included the anecdote about Mr Zuckerberg having a member of Read More

Ransomware-hit US gas pipeline shut for two days

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A ransomware attack on a US natural gas facility meant a pipeline had to be shut down for two days, the US Department of Homeland Security (DHS) has said. However, it did not name the facility or say when the attack happened. A malicious link sent to staff at the facility eventually caused the shutdown Read More

Netflix CEO’s new book to shed light on streaming giant’s work culture

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FILE PHOTO: Reed Hastings, co-founder and CEO of Netflix attends the inauguration of Netflix new offices in Paris, France, January 17, 2020. REUTERS/Gonzalo Fuentes (Reuters) – Netflix Inc Chief Executive Officer Reed Hastings has written a book based on interviews with current employees, which sheds light on the streaming giant’s radical management culture and the Read More

We can live with German, EU ideas on vendor regulation: Deutsche Telekom

24 hours ago NAMEX Comments Off on We can live with German, EU ideas on vendor regulation: Deutsche Telekom
Timotheus Hoettges, Chief Executive Officer of Germany’s telecommunications giant Deutsche Telekom AG addresses the company’s annual news conference in Bonn, Germany, February 19, 2020. REUTERS/Wolfgang Rattay BERLIN (Reuters) – It looks as though German and European policy makers are working towards rules governing vendors of telecoms network equipment that Deutsche Telekom (DTEGn.DE) can live with, Read More

Should Facebook, Google be liable for user posts? asks U.S. Attorney General Barr

24 hours ago NAMEX Comments Off on Should Facebook, Google be liable for user posts? asks U.S. Attorney General Barr
WASHINGTON (Reuters) – U.S. Attorney General William Barr on Wednesday questioned whether Facebook, Google and other major online platforms still need the immunity from legal liability that has prevented them from being sued over material their users post. FILE PHOTO: U.S. Attorney General William Barr announces the findings of the criminal investigation into the Dec. Read More