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Tag: tech

Mexican government suffers major data hack, president’s health issues revealed
Health

Mexican government suffers major data hack, president’s health issues revealed

MEXICO CITY, Sept 30 (Reuters) - The Mexican government said on Friday it had suffered a major cyber hack of data held by the armed forces, including details about President Andres Manuel Lopez Obrador's heart condition that led to his hospitalization in January.The president, speaking at a regular news conference, said information published in local media overnight from the hack of the Defense Ministry was genuine, and he confirmed revelations about his own health problems."It's true, there was a cyber hack," he said, saying that hackers had exploited a change in the military's IT systems.Register now for FREE unlimited access to Reuters.comRegisterAccording to media reports, the hack accessed six terabytes of data from the Defense Ministry, including information about criminal figures...
Amazon may have to tweak proposals for ending business practices probes, EU’s Vestager says
Business

Amazon may have to tweak proposals for ending business practices probes, EU’s Vestager says

Register now for FREE unlimited access to Reuters.comRegisterBRUSSELS, Sept 16 (Reuters) - Amazon (AMZN.O) may have to tweak its proposals to end two investigations into its business practices, EU antitrust chief Margrethe Vestager said on Friday following feedback from third parties on the issue.In July the U.S. online retailer said it would set up a data silo, preventing its retail arm from using data from its marketplace to make competing private label products. read more It will also end preferential treatment for itself and treat sellers equally when ranking their offers for the "buy box" on its website that generates the bulk of its sales.Register now for FREE unlimited access to Reuters.comRegisterVestager had given third parties until Sept. 9 to provide feedback before deciding...
Man struck by lightning while playing PlayStation in his living room
Entertainment

Man struck by lightning while playing PlayStation in his living room

No, he’s not Ben Franklin — nor is he Thor. A UK man was rushed to the emergency room last Monday after he was struck by lightning while playing video games in his living room. Aiden Rowan was “happily playing” video games on his PlayStation around 10:30 p.m. when he heard a loud crack followed by a “heavy jolting sensation.” “So, I am absolutely not one for sympathy posts, I had to share this because of how insane it is,” gamer and cosplayer Rowan, 33, wrote to his 13,900 on Instagram followers. “[There was] a loud bang and … 5 hours at the hospital confirmed that I was STRUCK BY LIGHTNING through the open window! Never going to play cute cat games during a thunderstorm again. I’m fine, just very sore, hell of a headache and burn stripes down my arm....
Desktop Metal to unveil 3D-printed sheet metal technology for cars, planes
Technology

Desktop Metal to unveil 3D-printed sheet metal technology for cars, planes

Register now for FREE unlimited access to Reuters.comRegisterSept 7 (Reuters) - U.S.-based 3D printer maker Desktop Metal Inc (DM.N) plans to unveil as early as on Wednesday a new technology that will dramatically simplify the industrial sheet metal production process, Chief Executive Officer Ric Fulop told Reuters.The technology Figur G15 is capable of shaping standard sheet metal on demand directly from a digital design file, eliminating the need of stamping tools, molds, dies, or presses and thus reducing costs and production lead time, Fulop added."This is a $300 billion market currently with no digital solutions," he said, adding Figur G15 is due to be introduced at a trade show in Chicago on Wednesday.Register now for FREE unlimited access to Reuters.comRegisterThe Massachusetts-b...
Luxembourg’s OQ Technology raises 13 mln euros in funding co-led by Wa’ed Ventures and Phaistos Investment Fund
Technology

Luxembourg’s OQ Technology raises 13 mln euros in funding co-led by Wa’ed Ventures and Phaistos Investment Fund

Register now for FREE unlimited access to Reuters.comRegisterDUBAI, Sept 1 (Reuters) - Luxembourg-based OQ Technology, a global 5G internet of things satellite operator, has raised 13 million euros ($13.05 million) in its Series A funding round co-led by Saudi Aramco's Wa'ed Ventures and Greece's Phaistos Investment Fund, according to a joint statement on Thursday.It is Wa'ed's first investment overseas, since it expanded its mandate to pursue global tech startups looking to localise their products and solutions in Saudi Arabia.Wa'ed is the entrepreneurial venture capital arm of the kingdom's state oil giant. Phaistos Investment Fund focuses on investment in 5G-related products and services and managed by 5G Ventures, a venture capital firm based in Athens.Register now for FREE unlimite...
Baidu revenue contracts but beats estimates on cloud business growth
Business

Baidu revenue contracts but beats estimates on cloud business growth

Men interact with a Baidu AI robot near the company logo at its headquarters in Beijing, China April 23, 2021. REUTERS/Florence Lo/File PhotoRegister now for FREE unlimited access to Reuters.comRegisterAug 30 (Reuters) - China's search engine giant Baidu Inc (9888.HK) beat quarterly revenue estimates on Tuesday, underpinned by growth in its cloud business, even as it reported its first year-on-year quarterly revenue contraction in two years.Total revenue shrank by 5% to 29.65 billion yuan ($4.43 billion) in the second quarter, compared with analysts' average estimate of 29.30 billion yuan, according to Refinitiv data.U.S.-listed shares of the company rose 3.2% in premarket trading.Register now for FREE unlimited access to Reuters.comRegisterEven as Baidu's core advertising sales continu...
BeReal app marketed as spontaneous, candid social media platform
Global News

BeReal app marketed as spontaneous, candid social media platform

The emerging app BeReal is being touted as a spontaneous and candid social media platform meant to connect friends in an authentic way. The app launched in 2020 and was created by Alexis Barreyat. The company said the app was created in response to growing sentiments that other social media platforms were too focused on followers and filters.According to a fact sheet from the company provided to Global News, BeReal’s philosophy is to make people “feel good about themselves and their lives. (BeReal) wants an alternative to addictive social networks fueling social comparison and portraying life with the goal of amassing influence.”Dezi Fernando has been using the app for several months and said it has helped her stay in touch with international friends. Read more: Inst...
AMC Entertainment beats quarterly revenue estimates, announces dividend
Entertainment

AMC Entertainment beats quarterly revenue estimates, announces dividend

An AMC theatre is pictured amid the coronavirus disease (COVID-19) pandemic in the Manhattan borough of New York City, New York, U.S., January 27, 2021. REUTERS/Carlo Allegri/File PhotoRegister now for FREE unlimited access to Reuters.comRegisterAug 4 (Reuters) - AMC Entertainment Holdings Inc (AMC.N) reported second-quarter revenue marginally ahead of Wall Street estimates on Thursday, as big-ticket films such as "Top Gun: Maverick" drew crowds to movie halls, driving a surge in box-office collections at the world's largest theater chain.AMC also announced a special dividend in the form of preferred stock, to paid on Aug. 19. The company will issue one preferred equity unit for each of the 516.8 million class A common stock.With COVID receding, consumers are increasingly returning to o...
Twitter, Elon Musk lawsuit set for Oct. 17 court date – National
Global News

Twitter, Elon Musk lawsuit set for Oct. 17 court date – National

A Delaware judge ordered a five-day trial to run Oct. 17-21 in Twitter Inc‘s lawsuit seeking to hold Elon Musk to his US$44 billion deal for the social media platform, according to a court filing made public on Friday. Musk, the world’s richest person and chief executive of Telsa Inc, also must file any counterclaims by 5 pm ET on Friday, according to the order signed Thursday by Chancellor Kathaleen McCormick of the Delaware Court of Chancery. Read more: Twitter blames Elon Musk, weak ad market for earnings shortfall Musk’s lawyers have said he might file counterclaims, essentially his own lawsuit against Twitter, in which he could seek financial damages for the disputed deal. Trending Stories ...