India’s Rapido Website Feedback Form Exposed Sensitive User and Driver Data
India’s ride-hailing platform Rapido recently patched a security vulnerability that exposed sensitive information of its users and drivers. Security researcher Renganathan P discovered the issue, which involved a website feedback…
Lumen Technologies Begins Process to Sell Consumer Fiber Unit
Lumen Technologies has begun the process of selling its consumer fiber business, signaling a shift in its operational focus while addressing its substantial debt, sources familiar with the matter disclosed.…
Intel Rolls Out Fixes for Arrow Lake CPUs to Improve Gaming Performance
Intel has been working to resolve performance shortcomings identified in its Arrow Lake CPUs, launched in October. Promising high performance with lower power consumption, the CPUs faced criticism for their…
Amazon to Introduce Ergonomic Improvements Across US Facilities
Amazon has agreed to adopt new safety measures across all U.S. facilities to resolve claims by the Occupational Safety and Health Administration (OSHA) that the company failed to prevent ergonomic…
Singapore’s Bolttech Raises Over $100 Million to Reach $2.1 Billion Valuation
Insurance technology company bolttech, headquartered in Singapore, has announced raising over $100 million in its Series C funding round. Led by Dragon Fund, Mitsubishi UFJ Financial Group, and fintech direct…
Sony Acquires 10 Percent Stake in Kadokawa Amid Market Fallout
Japan’s Kadokawa Corporation, known for its popular game “Elden Ring,” faced a sharp sell-off in its stock on Friday following an announcement that dashed hopes of a full acquisition by…
US Prompts Nvidia Investigation into Chips Found in China
The U.S. Department of Commerce has urged Nvidia to investigate how its chips ended up in China over the past year, according to a report by The Information. The scrutiny…
SK Hynix Secures $458 Million Grant for US Semiconductor Project
The U.S. Commerce Department announced on Thursday it has finalized an award of up to $458 million in grants for SK Hynix to fund an advanced chip packaging and R&D…
SpaceX Secures Approval for Seventh Starship Launch
SpaceX has secured regulatory approval for its seventh Starship launch, marking another milestone for the ambitious space exploration company. The Federal Aviation Administration (FAA) granted the green light for the…
Shein Agrees to Local Data and Control Rules for India Comeback
Shein, the Chinese fashion retailer, must hand over Indian customer data and relinquish control of its local operations to its partner, Reliance Retail, to return to India. Government disclosures on…
ASML and Partners Commit $230 Million for Eindhoven Development
Dutch technology companies, including chip equipment maker ASML, have committed around $230 million to support infrastructure development in Eindhoven, one of Europe’s fastest-growing technology hubs. The announcement ties into “Operation…
Sony invests $320 million to become Kadokawa’s largest shareholder
Sony Group has announced plans to deepen its stake in Kadokawa Corporation, a major player in Japanese media, by investing approximately 50 billion yen ($320 million). The move will increase…
China Accuses US of Cyberattacks on High-Tech Companies
China’s national cyber emergency response center has accused U.S. entities of launching cyberattacks on Chinese tech firms to steal trade secrets. According to a statement by the National Computer Network…
Elon Musk Confirms Starlink Is Inactive in India After Device Seizures
Starlink, Elon Musk’s satellite internet company, is not operational in India, Musk confirmed late Tuesday. His statement came after Indian authorities seized two devices bearing the Starlink logo in recent…
Qualcomm’s Nuvia Deal Could Save $1.4 Billion Annually in Arm Fees
Qualcomm projected it could save up to $1.4 billion annually in payments to Arm by acquiring startup Nuvia, according to internal documents revealed in a Delaware federal court trial. Qualcomm…
Kakao Mobility Fined $10.5 Million for Restricting Rivals on Taxi App
Kakao Mobility, the ride-hailing subsidiary of Korean tech giant Kakao, has been fined $10.5 million (KRW 15.1 billion) by South Korea’s antitrust watchdog, the Korea Fair Trade Commission (KFTC), for…
Honda and Nissan in Talks to Join Forces Against Competitors
Honda and Nissan are exploring a merger that could reshape the global automotive landscape. According to Nikkei, the two Japanese automakers are in talks to consolidate under a new holding…
Japan’s Kioxia Valued at $5.8 Billion After IPO Surge
Shares of Kioxia Corporation surged 14% on their debut Wednesday, valuing the Japan-based memory chipmaker at approximately 890 billion yen ($5.8 billion). Backed by Bain Capital, the company’s initial public…
Salesforce Boosts AI Sales Team with 2,000 New Hires
Salesforce, the cloud software leader, announced plans to hire 2,000 sales representatives to focus on its growing portfolio of AI products. This decision, shared by CEO Marc Benioff during a…
Senators Push Biden for 90-Day Extension on TikTok Sale Deadline
Democratic Senator Ed Markey and Republican Senator Rand Paul have called on President Joe Biden to extend by 90 days the January 19 deadline for China-based ByteDance to sell TikTok’s…