Cyber criminals caused over $45 bn in losses in 2018: Study

OTA noted a steep rise in incidents like supply chain attacks, BEC and cryptojacking. Some attack types, such as ransomware, are not new but continue to be lucrative for criminals. Others, such as cryptojacking, show that criminals are shifting their focus to new targets…. Continue Reading

Rosatom gets license to operate floating nuclear power unit

Russia’s Federal Environmental Industrial and Nuclear Supervision Service (Rostechnadzor) has issued license to Rosatom to operate the two nuclear reactors on board Akademik Lomonosov for the next 10 years. Continue Reading

Sundar Pichai announces Google’s $1 bn good neighbour plan

Google has pledged to commit more than $1 billion to help address the severe housing crisis in the region that includes its headquarters and Silicon Valley. Chief executive Sundar Pichai announced the initiative, saying the Internet colossus wants to be ‘a good neighbour’ in the area bursting with technology companies. Continue Reading

Infosys sets up innovation studio in London

The facility will provide space for Infosys and its clients to ideate, collaborate and innovate together by combining design and the latest technology offerings, including artificial intelligence, augmented reality/virtual reality, Internet of Things and 5G, Infosys said in a…. Continue Reading

Toyota & Subaru join in mega Japanese EV tie-up

Both Subaru and Toyota believe it is necessary to pursue a business model that goes beyond convention, crossing over industrial boundaries together with various types of other entities that share their aspirations. Continue Reading

FCA, Renault merger dropped, France’s political conditions remain unfavourable

French Finance Minister Bruno Le Maire said he wanted a board meeting next Tuesday after a trip to Japan scheduled for the weekend, a source close to Renault said, AFP reported. Continue Reading

Apple previews new software as it diversifies product-base

The revisions previewed Monday during a conference in San Jose, California, included a new feature that will let people log into apps and other services with an Apple ID instead of relying on similar sign-in options from Facebook and Google – two companies that mine data…. Continue Reading