Smart tech maker Wyze admits leak of customer data
US-based smart home technology
company Wyze Labs Inc. has confirmed the leakage of databases of its millions
of customers.
The leak was first reported by
Twelve Security, a...
Electric car maker Tesla secures billion-worth loan to finance Shanghai Gigafactory
Tesla Inc., has confirmed
entering into agreements with Chinese lenders for a secured term loan facility
of up to 9 billion yuan ($1.29 billion) in order...
Media network CNN says Amazon sells fake and dangerous kids’ products
American news-based pay
television channel CNN published an article entitled “Fake and dangerous
kids’ products are turning up for sale on Amazon” citing a 4 in 1...
Uber co-founder Travis Kalanick to resign from ride-hailing giant board
Uber’s co-founder and former
CEO Travis Kalanick is set to step down from the board of directors of the
world’s largest ride-hailing company effective December 31.
Kalanick...
Global stock markets slip on Christmas Eve
With numerous major global markets
closed for Christmas, the equity markets across the globe mostly slipped in a subdued
trading held few hours before the 25th....
Chinese supplier of Tesco claims prison labor allegations untrue
"This
is completely fabricated and slander. We have never established any commercial
relationship with Qingpu prison."
Thus, said General Manager Lu Yunbiao of Zhejiang Yunguang Printing, the...
British grocery chain Tesco ends production at Chinese factory over forced labor claims
Tesco, a U.K.-based grocery chain, has stopped its production of Christmas cards at a Chinese factory following claims of alleged prison labor.
According to reports,...
Robocash’s license revoked for operating unauthorized branches—SEC
The Securities
and Exchange Commission (SEC) of the Philippines revoked the license of Robocash Finance
Corporation for running several branches that are not approved by the authorities.
Robocash...
Bank of England presscon hacked, hedge funds benefited
The Bank of England’s security was breached as an audio of its press conference got hacked and was accessed by high-speed traders, minutes before the scheduled broadcast, in their attempt to make a profit advantage. Reports claim that having advance access to the audio feed of BOE Governor Mark Carney could have given hedge funds […]
“Smear campaign” against Emirati products shut by Dubai
The Dubai Media Office (DMO) has forcefully shut what it considered as a systematic smear campaign against products that were manufactured at the Jebel...
