Google Faces  Million Fine in Russia Over Breach of Competition Rules: Details

Google Faces $34 Million Fine in Russia Over Breach of Competition Rules: Details

Russia’s competition watchdog fined Alphabet’s Google RUB 2 billion (roughly Rs. 260 crore) on Tuesday for abusing its dominant position in the video hosting market, the regulator said in a statement. The decision is the latest multi-million dollar fine as part of Moscow’s increasingly assertive campaign against foreign tech companies. The…

Robot Grabs, Breaks 7-Year-Old Boy’s Finger at Russian Chess Tournament: Report

Robot Grabs, Breaks 7-Year-Old Boy’s Finger at Russian Chess Tournament: Report

A chess-playing robot grabbed the finger of a seven-year-old boy and broke it during the ongoing match with him at the Moscow Open last week, according to news reports. The incident took place on July 19 and videos of it were soon circulated on the Internet. A clip, shared by the…

Russia to Quit International Space Station ‘After 2024’, Newly Appointed Roscosmos Chief Says

Russia to Quit International Space Station ‘After 2024’, Newly Appointed Roscosmos Chief Says

Russia has decided to quit the International Space Station “after 2024”, the newly-appointed chief of Moscow’s space agency told President Vladimir Putin on Tuesday. The announcement comes as tensions rage between the Kremlin and the West over Moscow’s military intervention in Ukraine and several rounds of unprecedented sanctions against Russia….

Nothing Phone 1 Quality, Build Issues Pile Up; Customers Complain of Replacement Problems as Well: Reports

Nothing Phone 1 Quality, Build Issues Pile Up; Customers Complain of Replacement Problems as Well: Reports

Nothing Phone 1 was launched in India and worldwide earlier this month on July 12. It has been only a few days since the phone went on sale in the country and reportedly several customers have started complaining of experiencing similar design and quality issues. Notably, a couple of users…

‘Cryptojacking’ Attacks on Financial Firms on the Rise; Systems Used to Mine Cryptocurrencies, Report Says

‘Cryptojacking’ Attacks on Financial Firms on the Rise; Systems Used to Mine Cryptocurrencies, Report Says

Hackers are increasingly targeting financial firms such as banks and trading houses with attacks designed to use their computer systems to mine cryptocurrencies, according to cybersecurity firm SonicWall. The number of so-called cryptojacking attacks on financial companies more than tripled in the first half from a year earlier, SonicWall said…

Titanium Blockchain CEO Admits to Have Carried Out Fraudulent ICO in 2018

Titanium Blockchain CEO Admits to Have Carried Out Fraudulent ICO in 2018

Michael Stollery, the CEO of Titanium Blockchain Infrastructure Services, has confessed about his participation in a scam worth millions of dollars. Stollery has pleaded guilty in raising $21 million (roughly Rs. 167 crore) via a fraudulent initial coin offering (ICO) four years ago, in 2018. As per legal documents, Stollery…

Binance CEO Changpeng Zhao Sues Bloomberg’s Chinese Subsidiary for Defamation: Report

Binance CEO Changpeng Zhao Sues Bloomberg’s Chinese Subsidiary for Defamation: Report

Binance CEO Changpeng Zhao has reportedly filed a defamation case against Bloomberg’s Chinese subsidiary called the Modern Media Company. The crypto mogul has raised a legal objection against a story by the media company titled ‘Changpeng Zhao’s Ponzi Scheme’ by filing this lawsuit. The legal team representing Binance has claimed…

Eutelsat, OneWeb Agree to Merge to Rival Elon Musk’s Starink in Fast Growing Broadband Internet Market

Eutelsat, OneWeb Agree to Merge to Rival Elon Musk’s Starink in Fast Growing Broadband Internet Market

French and British satellite operators Eutelsat and OneWeb on Tuesday announced plans to merge and create a “global champion” in the fast-growing broadband internet market, rivalling US giants such as Elon Musk’s Starlink. Eutelsat and OneWeb said in a joint statement they had signed a memorandum of understanding to join…