Alibaba Executives Reportedly Summoned by Shanghai Authorities Over Data Theft Probe

Alibaba Executives Reportedly Summoned by Shanghai Authorities Over Data Theft Probe

Executives from Alibaba Group Holdings’ cloud division have been summoned by Shanghai authorities in connection with a theft of police data on Chinese citizens, the Wall Street Journal reported on Thursday. Based on scans of the police database, cybersecurity researchers concluded that the stolen data of nearly 1 billion Chinese…

South African Watchdog Says Google’s Ad Practices Distort Digital Market Competition

South African Watchdog Says Google’s Ad Practices Distort Digital Market Competition

South Africa’s Competition Commission, which has been probing online markets for over a year, has provisionally found that Google’s paid search results distort competition, making it a “de facto monopolist” in general search. Governments around the world are strengthening the regulation of the US tech giants that have become even…

Elon Musk Faces the US SEC Scrutiny Over Tweets on USD 44 Billion Twitter Deal

Elon Musk Faces the US SEC Scrutiny Over Tweets on USD 44 Billion Twitter Deal

The US Securities and Exchange Commission sent a letter to Elon Musk last month asking for clarification over some of the tweets the billionaire sent about his $44 billion (nearly Rs. 3,51,400 crore) deal for Twitter, regulatory filing showed on Thursday. The US Securities and Exchange Commission (SEC) asked Musk…

Tesla Moves Court to Dismiss Lawsuit Over Mass Layoffs, Says It Fired Poorly Performing Workers

Tesla Moves Court to Dismiss Lawsuit Over Mass Layoffs, Says It Fired Poorly Performing Workers

Tesla on Thursday asked a US court to dismiss a lawsuit claiming the electric car maker violated federal law by laying off hundreds of workers without advance notice. Tesla in a filing in federal court in Austin, Texas, where the company is based, said the workers who were terminated signed…

Netflix to Host Second Global Fan Event TUDUM on September 24

Netflix to Host Second Global Fan Event TUDUM on September 24

Streamer Netflix on Thursday announced a special event for fans of its original programming where they will be treated with exclusive first looks, never-before-seen footage and trailers from the platform’s returning and upcoming titles. The free virtual event, set to take place on September 24, is dedicated to sharing the…

General Motors, Pilot to Develop 2000 EV Charging Network Across US Highways

General Motors, Pilot to Develop 2000 EV Charging Network Across US Highways

General Motors and travel operator Pilot said on Thursday that they will develop a national network of 2,000 electric vehicle charging stalls at travel centres to make it easier to recharge near the US highways. The companies said the stations will be co-branded Pilot Flying J and Ultium Charge 360,…

Ukraine Confiscates  Million Worth of Items From Crypto Traders Accused of Laundering Russian Funds

Ukraine Confiscates $3 Million Worth of Items From Crypto Traders Accused of Laundering Russian Funds

While the Ukraine-Russia ties continue to remain tense, Ukraine has allegedly busted a bunch of crypto traders, accusing them of funnelling Russian funds as virtual digital assets. The Ukrainian authorities claim to have seized $3.3 million (roughly Rs. 26 crore) worth of property that were lined-up to be laundered as…