TECHNOLOGY
FBI Successfully Infiltrates Major Ransomware Gang 'Blackcat,' Restores Systems for Victimized Organizations
To counter this threat, the FBI has developed a decryption tool enabling its field offices across the country and global law enforcement partners to assist more than 500 affected victims in restoring their systems.
WazirX Crypto Trading Volume Plummets 90% to $1 Billion Amid Regulatory Pressures
In 2022, WazirX's trading volume reached $10 billion, while in 2023, it plummeted to $1 billion, marking a substantial decline. The regulatory environment for cryptocurrencies in India has become more stringent, with the government implementing measures to curb money laundering and enforce taxation on crypto transactions.
Google Agrees to $700 Million Settlement in Play Store Dispute
This follows Epic Games' victory in its three-year antitrust battle with Google, where a US jury found that Google's Play Store and billing service constituted an illegal monopoly. The settlement resolves the case between Google and the states, allowing both parties to move forward.
Apple Ceases Sales of Watch Series 9 and Ultra 2 in the US Amid Ongoing Patent Dispute
Apple, expressing strong disagreement with the order, is exploring legal and technical avenues to ensure product availability. In the interim, efforts include potential presidential intervention and software modifications to enhance oxygen saturation measurement and reporting on the Watch.
EU Launches Official Investigation into Musk's X Following Israel-Hamas War
The investigation includes aspects like the dissemination of illegal content, specifically in the context of Hamas' attacks against Israel.
Telecommunication Bill 2023 Grants Government Authority to Suspend or Prohibit Equipment Usage from Nations for National Security Reasons
Additionally, the government can take measures during war or for national security, including specifying trusted sources for procurement and suspending or prohibiting the use of specified telecommunication equipment and services from certain countries or individuals. The Bill was introduced amid disruptions in the Lok Sabha.
Musk Offers Assurance to Bankers: No Losses Expected on Loans for Twitter Acquisition, Report
Ad sales reportedly fell due to Musk's support for antisemitism, prompting major advertisers to leave the platform. With $1.2 billion in annual interest payments, X faces financial challenges, risking bankruptcy if unable to meet obligations.
Study Finds LinkedIn Usage Linked to Triggering Imposter Syndrome
Despite the platform's benefits in career advancement, the study underscores the importance of recognizing and addressing the negative psychological effects of professional social networking sites.
IT Sector Faces Recession Fears: Infosys and Major Players Announce Significant Cuts in Pay Hikes and Promotions
Despite uncertainties, experienced workers believe that companies resilient through previous recessions will navigate this phase, considering it a natural cycle in the IT industry. Infosys, in communication with its staff, expressed gratitude for their support during these challenging times.
Wealthy White Men's Privileged Access to OpenAI's Technology: Report
OpenAI's mission of ensuring AI benefits all of humanity appears at odds with its current board composition. Board Chair Bret Taylor emphasized the commitment to forming a diverse board, acknowledging its importance for OpenAI's future.
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