Tech giant Google has been cooperating with Australia’s national science agency, the Commonwealth Scientific and Industrial Research Organisation (CSIRO), to mitigate the spread of digital risks. The two parties are focused on devising revolutionary digital tools for hospitals, defence organisations, and energy providers, which are considered critical infrastructure operators. These tools would be able to… Read more »
South Korea’s Financial Services Commission (FSC) has disclosed plans to allow financial companies to utilise generative artificial intelligence and cloud computing for product innovation, provided they implement adequate network security measures. Since September 2013, financial institutions have been required to separate their networks from the Internet to prevent hacking attacks. This requirement has sparked widespread… Read more »
A US judge has ruled that certain practices of Google in the online search market were anti-competitive because the company promoted its browser unfairly. It is a victorious moment for the US Department of Justice and a stumble for Google. However, it also represents a turning point in the tech industry and sets a precedent… Read more »
Amazon’s massive investment in AI has created doubts about future profitability despite record sales growth, following publication of the tech giant’s latest financial results. According to the Financial Times, in the three months ending June 30, Amazon’s net sales grew by 10% to $148 billion. Although the result was impressive, it missed analysts’ expectations of… Read more »
The UAE hopes to introduce three new policies to enhance the country’s existing cybersecurity framework. According to the Emirates News Agency, the proposed policies will concern the domains of cloud computing, data security, IoT security, and cybersecurity operations centres. Even though the inner workings of these rules are not yet known, it is safe to… Read more »
Alibaba Group Holding’s cloud computing division is bringing changes to the way Olympic content will be transmitted and consumed, marking a significant milestone in the history of sports broadcasting. On July 25, Alibaba Cloud, in collaboration with Olympic Broadcasting Services (OBS), unveiled OBS Cloud 3.0, an innovative AI-enhanced platform designed to serve as the primary… Read more »
Google Cloud serverless projects are being used by a Latin American financially motivated threat group, codenamed FLUXROOT, to orchestrate credential phishing campaigns, the The Hacker News has reported. This event is not isolated, as numerous malefactors in cyberspace are exploiting cloud computing services for malicious objectives. Thus, IT and cybersecurity professionals are facing a pressing… Read more »
Multinational technology conglomerate Alphabet has beaten second-quarter revenue and profit analyst estimates. The company’s performance was driven by a rise in digital advertising sales and healthy demand for its cloud computing services, though it cautioned that capital expenses would remain high for the year. Reuters reported that the popularity of the Paris Olympics and elections… Read more »
Cybersecurity giant CrowdStrike says its recent software update has caused a massive global tech outage, impacting some 8.5 million Microsoft devices worldwide. While still affecting less than one per cent of all Windows computers in use, the incident has significantly impacted several vital sectors, demonstrating how far-reaching modern digital infrastructure can be. In a blog… Read more »
Alphabet, the parent company of Google, is reportedly in advanced negotiations to acquire the cybersecurity startup Wiz for about $23 billion, according to sources familiar with the matter. If successful, this acquisition would be Alphabet’s largest to date and would signal a major strategic shift for the technology giant. Wiz is one of the fastest-growing… Read more »