eBay has announced that it will stop working with PayPal as its back-end payments service in 2020, ending a 15-year partnership.
FCC votes to repeal net neutrality rules
The US Federal Communications Commission (FCC) has repealed the net neutrality rules, which were aimed at ensuring Internet providers treat all web traffic equally.
Google to open China AI research hub
Google has recently announced that it will be opening an artificial intelligence centre in China.
US charges three Chinese nationals with Moody’s, Siemens data breach
US prosecutors have charged three Chinese nationals affiliated with a cybersecurity company in China with hacking into Siemens AG, Trimble and Moody’s Analytics to steal business secrets, according to a report by Reuters.
Canadian citizen charged in Yahoo breach to ‘plead guilty’: reports
A Canadian citizen accused by the US government of helping Russian intelligence agents break into email accounts as part of a massive 2014 breach of Yahoo accounts is expected to plead guilty, according to reports.
Bloomberg: Amazon’s cashierless store nearing launch date
Amazon’s “just walk out” technology to enable a cashierless store has “improved markedly,” according to a Bloomberg source.
Indian firms poised to bridge tech skills gap in US
Over one hundred companies with origins in India are responsible for creating more than 100,000 jobs and $17.9 billion in investments across the United States.
Mozilla drops Yahoo, makes Google the default browser
Alphabet’s Google has reclaimed the spot as the default search engine on Mozilla’s Firefox Internet browser in the US and other regions.
UK Government announces $80M in tech initiatives ahead of Brexit
The country’s Prime Minister Theresa May recently announced that government will be doubling visas available for global talent in areas like digital technology and science to 2,000 to help retain an edge after Brexit.
Qualcomm plans to reject Broadcom’s $103B acquisition bid
US chipmaker Qualcomm is reportedly drawing up plans to reject rival Broadcom’s $103 billion bid as early as this week.
Meg Whitman departs HP’s board of directors
Hewlett Packard Enterprise CEO Meg Whitman has officially stepped down as the chairman of HP Inc’s board of directors, effective …
Uber’s SEA rival Grab receives $2 billion in investments
Grab has announced that it recently raised $2 billion from Didi Chuxing and SoftBank Group in the largest–ever venture fundraising in Southeast Asia, said reports.
Data firm leaks personal details of 198 million Americans
It has been reported that the leaked information covers almost 62 percent of the U.S. population, and is said to be the largest breach of electoral data in the U.S. to date.
Apple surpasses $800bn valuation mark, approaches $1tn
Apple has managed to land a $1 trillion valuation estimate from US broker Drexel Hamilton, as the race for the company that will surpass the trillion-dollar mark heats up.