Category archives for: News

FBI Reports Cybercrime Hit $3.5 Billion In 2019

Criminals scored $3.5 billion in 2019 from crimes per a reported by FBI’s Internet crime complaint center (IC3). It received 467,361 complaints from individuals and businesses during the year and has had nearly five million since its inception in 2000. Phishing and extortion remain the most popular ways of scamming people. The report notes the […]

It Is Official Now! GSMA Has Cancelled Mobile World Congress!

The world’s biggest phone show, Mobile World Congress, is no longer taking place this year. The coronavirus has throwed  MWC into chaos, the GSM Association (GSMA), which organizes the show, has now canceled it. It comes after more than a week of exhibitors and companies pulling out of MWC

GSMA May Cancel MWC Now That Facebook And Intel Have Pulled Out

Facebook and Intel have become the latest big tech firms to announce they are withdrawing from MWC in Barcelona, citing concerns about coronavirus. Spanish media is reporting that trade body the GSMA, which organises MWC, will meet to decide whether to cancel the event entirely on Friday. The GSMA declined to comment on “internal meetings”. […]

T-Mobile, Sprint Deal Wins Approval From Federal District Court Judge

  A multi-state anti-trust lawsuit to stop the merger of Sprint and T-Mobile has failed. In a decision made public on Tuesday, U.S. District Court Judge Victor Marrero in Manhattan rejected key arguments from the states: that the merged company would raise prices for lower quality service and that Sprint could remain as a viable competitor without the merger New […]

DoJ Files Charges On Chinese Military Officers For Being Behind The 2017 Equifax Hacking

The Justice Department announced charges on Monday against four members of China’s military on suspicion of hacking into Equifax, one of the nation’s largest credit reporting agencies, and stealing trade secrets and the personal data of about 145 million Americans in 2017. “This was a deliberate and sweeping intrusion into the private information of the […]

Manufacturers Pull Out Of Mobile World Congress Due To Corona Virus Fears

Amazon, Ericsson and Sony are withdrawing from this year’s Mobile World Congress because of the risk that attendees could catch the coronavirus that originated in the Chinese city of Wuhan. The event, scheduled to take place in Barcelona from February 24-27, is one of the tech industry’s most important annual gatherings. It typically draws more […]

Apple Fined By France For Slowing Down Old iPhones

Apple has been fined 25 million euros (£21m, $27m) for deliberately slowing down older iPhone models without making it clear to consumers. The fine was imposed by France’s competition and fraud watchdog DGCCRF, which said consumers were not warned. In 2017, Apple confirmed that it did slow down some iPhones, but said it only did […]

Foxconn Is Now Producing Facemasks To Aid In The Fight To Stop The Coronavirus

Foxconn, maker of the Apple iPhone, is taking the unusual step of switching part of its production to making surgical masks. The firm is also pushing to be allowed to reopen its regular production lines making electronics, which have been closed due to the coronavirus. The outbreak has seen demand for masks soar and caused […]

Warner Max Production House Formed To Make Films For HBO Max

Warner Bros. Pictures and HBO Max have formed Warner Max, a production label that will generate eight to ten mid-budget films per year for WarnerMedia’s new streaming service. The division plans to leverage the company’s brand and talent portfolios, including DC Films, HBO original content, New Line Cinema, and Warner Animation Group. The straight-to-service movies […]

Alphabet eats The Street – YouTube’s 2019 Revenue Was $15 Billion

  In the the company’s first earnings report since Sundar Pichai took over as CEO, Alphabet for the first time gave investors a look at revenue for two key businesses: YouTube and Google Cloud. The video platform generated $15 billion in ad sales in 2019, up 36% from $11 billion the year before. Cloud revenue […]

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