The United States on Monday led allies in a fierce condemnation of China over allegedly “malicious” cyber activity, accusing it of criminal extortion, issuing ransom demands to private firms and threatening national security. In comments likely to further strain worsening relations between Washington and Beijing, a senior US official said that China’s “irresponsible behavior in […]
computers
India food delivery giant Zomato kicks off $1.3bn IPO
Food delivery giant Zomato on Wednesday launched its much-anticipated IPO to raise 93.75 billion rupees ($1.3 billion), India’s biggest this year and the first of a series of public listings by tech unicorns. Zomato — which counts subsidiaries of Uber and Jack Ma’s Ant Group among its existing shareholders — is one of the country’s […]
Indian food delivery giant Zomato eyes $1.3bn IPO
Indian food delivery giant Zomato announced plans Thursday to raise 93.75 billion rupees ($1.3 billion) via an initial public offering, the latest firm to take advantage of a strong rally in local equities. Zomato and rival Swiggy — both of whose delivery riders are ubiquitous in Indian cities — are the two biggest players in […]
Up to 1,500 firms affected in major ransomware attack, Kaseya says
Up to 1,500 businesses around the world may have been affected by a major ransomware attack that has shuttered hundreds of Swedish supermarkets, according to the American IT company at the centre of the hack. Miami-based firm Kaseya, which provides IT services to some 40,000 businesses globally, said customers of its clients were the main victims […]
Embattled Huawei fights for slice of European market at fair
At the world’s biggest mobile fair underway in Spain this week, only one major handset maker opted to take part in person: China’s embattled Huawei whose business has been battered by sanctions imposed by the United States which considers it a spy threat. Samsung, the world’s top smartphone maker, Nokia and other major telecoms firms […]
Japan’s SoftBank suspends production of chatty robot Pepper
Japan’s SoftBank has suspended production of its humanoid robot Pepper, a company spokeswoman said Tuesday, seven years after the conglomerate unveiled the signature chatty white android to much fanfare. Pepper robots, used to greet people in stores and hotels in Japan and around the world, have become a symbol of SoftBank’s strategy of pouring resources […]
Huawei to launch new mobile operating system in fight for survival
Embattled Chinese tech giant Huawei will launch a homegrown new mobile operating system on Wednesday as it fights for survival in the smartphone arena after the United States blocked it from using Android. Huawei will unveil its first mobile devices loaded with the new HarmonyOS in an online event broadcast from its headquarters in the […]