Leading cinema exhibitor PVR INOX plans to close around 50 loss-making screens, having an accelerated depreciation. “The company plans to shut down approximately 50 cinema screens over the next 6 months,” said PVR INOX in its investor’s update for the fourth quarter and financial year ending on March 31, 2023. These properties are loss-making, or
Month: May 2023
May 17, 2023Ravie LakshmananCyber Crime / Ransomware A Russian national has been charged and indicted by the U.S. Department of Justice (DoJ) for launching ransomware attacks against “thousands of victims” in the country and across the world. Mikhail Pavlovich Matveev (aka Wazawaka, m1x, Boriselcin, and Uhodiransomwar), the 30-year-old individual in question, is alleged to be
iPhone 16 Pro will most likely launch in late 2024. Apple is expected to launch the iPhone 15 series later this year before the iPhone 16 lineup sees the light of day. Both series, however, are expected to include four models. It has previously been reported that the iPhone 15 Pro Max model could also
Asus ROG Ally has been spotted on a retailer’s website, suggesting that the handheld gaming console could be launched in India soon. The price and launch date of the device have also been listed on the website, giving gaming enthusiasts a peek at it before its launch in the country. Asus’ first handheld gaming device
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Silicon Valley “laptop classes” need to get off their “moral high horse” with their “work-from-home bulls***,” Tesla CEO Elon Musk told CNBC’s David Faber in a Tuesday interview. Musk was discussing return-to-office imperatives that have caused significant concern among tech workers in Silicon Valley and
OpenAI, the startup behind ChatGPT, wants the US to consider mandating licenses for companies to develop powerful artificial intelligence like the kind underpinning its chatbot, its chief executive plans to tell Congress on Tuesday. In his first appearance before a congressional panel, CEO Sam Altman is set to advocate licensing or registration requirements for AI
May 16, 2023Ravie LakshmananNetwork Security / Threat Intel The Chinese nation-state actor known as Mustang Panda has been linked to a new set of sophisticated and targeted attacks aimed at European foreign affairs entities since January 2023. An analysis of these intrusions, per Check Point researchers Itay Cohen and Radoslaw Madej, has revealed a custom
Apple Reality Pro, the company’s rumoured mixed reality (MR) headset, is expected to be unveiled by the company in the coming weeks. While the Cupertino firm is yet to make any official announcement regarding such a wearable device, a developer has claimed that the purported device could cause metaverse-related tokens to rise in value to
Samsung Galaxy S23 Tactical Edition and Galaxy XCover 6 Pro have been launched in the US as military-focused phones. These smartphones are said to be “mission-ready ” phones that support “the requirements of tactical and classified applications”. They are designed to meet the US military security requirements. They come with features such as the Android
May 16, 2023Ravie LakshmananCyber Crime / Ransomware Ransomware affiliates associated with the Qilin ransomware-as-a-service (RaaS) scheme earn anywhere between 80% to 85% of the ransom payments, according to new findings from Group-IB. The cybersecurity firm said it was able to infiltrate the group in March 2023, uncovering details about the affiliates’ payment structure and the
The Lord of the Rings is getting a massively multiplayer online (MMO) video game adaptation, IP rights holder Embracer Group announced on Monday. Amazon Games’ Orange County studio, which previously worked on New World, will lead development on the title, which will be published globally for PC and consoles. The open-world MMO is currently in
Boat Storm Connect Plus smartwatch was unveiled in India on Tuesday. The smartwatch is equipped with a 1.91-inch display with up to 550 nits of peak brightness and a 2.5D curved glass with a 90 percent screen-to-body ratio. The smartwatch features support for Bluetooth calling, along with the company’s ENx algorithm, which is claimed to
People will be now able to block and track their lost or stolen mobile phones across India via the Sanchar Saathi portal launched by the Department of Telecom on Tuesday. Union telecom minister Ashwini Vaishnaw said that through Sanchar Saathi Portal, people will be able to block, track and check the genuineness of a used
Electric car maker Tesla CEO Elon Musk meets with French Minister for the Economy and Finances Bruno Le Maire on the sidelines of the 6th edition of the “Choose France” Summit at the Chateau de Versailles, outside Paris on May 15, 2023. Ludovic Marin | Pool | Via Reuters The U.S. Virgin Islands issued a
The Witcher multiplayer spin-off game — codenamed ‘Sirius’ — underwent a major overhaul last week, thanks to a developmental restart that defined a ‘new framework.’ In the process, developer The Molasses Flood has reportedly laid off 29 employees — 21 team members in the US and eight from Poland. The Boston-based studio, best known for
South Korea’s LG Display will start supplying high-end TV panels to Samsung Electronic from as early as this quarter, three sources said, in a deal that would help the loss-making flat-screen maker turn profitable. LG Display aims to supply 2 million units next year and boost shipments to 3 million and 5 million units in
It’s easy to think high-tech companies have a security advantage over other older, more mature industries. Most are unburdened by 40 years of legacy systems and software. They draw some of the world’s youngest, brightest digital natives to their ranks, all of whom consider cybersecurity issues their entire lives. Perhaps it is due to their
WhatsApp has rolled out new Chat Lock feature to help its users keep their messages and conversations private and secure. While WhatsApp already provide an end-to-end encryption on the app, the new feature act as an added layer by letting users select the conversations that they want to keep hidden from access to anyone else.
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