The Pentagon has scrapped a $10-billion cloud computing contract awarded in 2019 to Microsoft after several years of wrangling between the government and some of the biggest US tech companies.
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President Xi Jinping’s government is reining in the country’s most powerful corporations and their billionaire founders, including Alibaba Group, Tencent Holdings and Didi Global. But why?
Samsung Electronics likely saw a 38% surge in profit for the April to June quarter thanks to strong chip prices and demand spurred by a pandemic-led consumer appetite for electronics.
British luxury car maker Jaguar Land Rover warned a global semiconductor shortage is worsening and deliveries in the second quarter will be 50% worse than initially thought.
Japan’s Nintendo will launch a new model of its Switch videogame console with an upgraded display on 8 October, priced at $349.99 (R5 000 before duties and taxes).
Hackers suspected to be behind a mass extortion attack that affected hundreds of companies worldwide late on Sunday demanded R1-billion to restore the data they are holding ransom.
China’s antitrust regulator is set to formally block Tencent Holdings’ plan to merge the country’s top two videogame streaming sites, Huya and DouYu, three people familiar with the matter said.
The hackers behind a mass ransomware attack exploited a previously unknown vulnerability in IT management software made by Kaseya, cybersecurity researchers said.
A social media site launched on Sunday by Jason Miller, a senior adviser to former US President Donald Trump, was briefly hacked, and more than 500 000 people have registered to use the site, Miller said.
Facebook is starting to warn some users they might have seen “extremist content” on the social media site, the company said on Thursday.