
Boeing Probes Cyber Incident, Lockbit Ransomware Gang Claims Attack
Nov 03, 2023 07:01 am UTC| Business Technology
Boeing, one of the largest defense and space contractors globally, announced on Wednesday that it is currently investigating a cyber incident. The incident has impacted certain aspects of Boeings parts and distribution...

Naver Pay Expands Services Across Southeast Asia, Adds Eight Countries
Nov 03, 2023 06:52 am UTC| Business Technology
Naver Pay is expanding its reach further in Southeast Asia. The mobile payment service unit of South Koreas Naver Corporation recently launched its services in eight more countries in this region, including Singapore,...

LinkedIn Surpasses 1 Billion Users; Unveils AI Enhancements for Premium Members
Nov 02, 2023 09:51 am UTC| Business Technology
LinkedIn, the business-focused social network owned by Microsoft, announced on Wednesday that it has surpassed 1 billion members worldwide. This milestone places LinkedIn among the elite tier of social media networks,...

Apple Faces $2 Billion UK Lawsuit Over Alleged iPhone Battery Issues
Nov 02, 2023 09:00 am UTC| Business Law Technology
Apple Inc faced a setback on Wednesday as it failed to block a massive lawsuit in London. The lawsuit alleges that the tech giant concealed defective batteries in millions of iPhones. The case, worth up to $2 billion,...

Facebook, Instagram Face EU Ad Ban Extension Across 30 Countries
Nov 02, 2023 06:38 am UTC| Business Technology
The European data regulator has recently agreed to extend the ban imposed by non-EU member Norway on behavioral advertising on Facebook and Instagram. This ban will now cover all 30 countries in the European Union and the...

Microsoft, Siemens Collaborate to Accelerate AI Adoption Across Multiple Industries
Nov 01, 2023 09:40 am UTC| Business Technology
Microsoft Corporation and Siemens AG have inked a deal to work on artificial intelligence (AI) projects together. The main objective of their partnership is to push AI adoption in most, if not all, business...

The US just issued the world’s strongest action yet on regulating AI. Here’s what to expect
Nov 01, 2023 07:12 am UTC| Technology
On Monday US President Joe Biden released a wide ranging and ambitious executive order on artificial intelligence (AI) catapulting the US to the front of conversations about regulating AI. In doing so, the US is leap...