Month: March 2022

U.S. President Joe Biden signed an executive order on Wednesday calling on the government to examine the risks and benefits of cryptocurrencies. It’s a long-awaited directive that has had the crypto industry on edge, not least due to growing regulatory concern around the world surrounding the nascent digital asset market. There had been reports of
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Italy’s data privacy watchdog on Wednesday fined US-based firm Clearview AI EUR 20 million (roughly Rs. 168.44 crore) over its controversial facial recognition software. The watchdog ordered the company to delete data relating to people in Italy and banned it from further collection and processing of information there. Clearview AI says it has built up
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Ukraine has urged cloud-computing and software giants including Microsoft and SAP to cut off Russia to stop Moscow’s invasion. Here’s what’s at stake. What is Ukraine demanding? The Ukrainian ministry of digital transformation wants North American and European technology companies to completely pause any dealings with Russian clients, potentially disrupting Russia’s economy and forcing the
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US Federal prosecutors and securities regulators are investigating large bets that Barry Diller, Alexander von Furstenberg and David Geffen made on Activision Blizzard shares in January, days before the videogame maker agreed to be acquired by Microsoft, the Wall Street Journal reported on Tuesday. IAC Chairman Diller, his stepson von Furstenberg, and music mogul Geffen
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Unpatched software is a computer code containing known security weaknesses. Unpatched vulnerabilities refer to weaknesses that allow attackers to leverage a known security bug that has not been patched by running malicious code. Software vendors write additions to the codes, known as “patches,” when they come to know about these application vulnerabilities to secure these
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