The Russian Direct Investment Fund (RDIF) together with partners from Saudi Arabia intend to invest $2 billion in technology projects in 2019, according to a report by Russian news Agency Tass.
Google lets users “banish” annoying online ads
The world’s largest digital ad-seller is expanding a set of controls that let people restrict particular ads and personal-targeting criteria, Bloomberg reported.
Global IoT platform market poised to hit $4.9B
The international market for IoT device management and application enablement platforms surged to $1.1 billion in 2017, according to a new study by IoT analyst firm Berg Insight.
Qualcomm seeks to ban iPhone imports into US
At a trial in Washington that started on Friday, a staff of the US International Trade Commission recommended that a trade judge find that Apple infringed at least one of Qualcomm patents.
Microsoft plans to challenge Amazon with cashierless tech
Microsoft is reportedly working on technology that could be used to power check-out free retail stores.
Apple closes iPhone security loophole
Apple is reportedly planning to change its iPhone settings to undercut the most popular means for law enforcement to break into the devices.
Mimecast promotes cyber resilience in Europe
Mimecast Limited has announced that its German data centres are open for business.
Abu Dhabi’s Mubadala announces $400M European tech fund
Mubadala Investment Company of Abu Dhabi has announced plans to create a $400 million fund to invest in leading European technology companies.
Tesla to slash workforce in a “difficult but necessary” reorganisation
Tesla is slashing thousands of jobs, the firm’s CEO Elon Musk announced, as the electronic car company attempts to hit production targets and reach profitability.
Amazon purges smart toys from online shelves amid privacy concerns
Amazon and eBay are among retailers pulling a brand of cuddly smart toys from sale after warnings they pose a cyber-security threat.
After 20 years, say goodbye to Yahoo Messenger
Yahoo Messenger, the messaging app is finally shutting down for good. Oath, the Verizon subsidiary that operates Yahoo, confirmed in a statement.
FIFA World Cup WiFi hotspots unsecure: study
Football fans heading to Russia for the World Cup 2018 have been warned to be on their guard when connecting to local Wi-Fi networks, researchers at Kaspersky Lab warned.
Uber European rival raises $175 million in funding
Estonia’s Taxify has reportedly raised $175 million in funding from a group led by German automaker Daimler, which will enable the firm to step up its fight against global rival Uber across Europe and Africa, Reuters reported.
Global tech firms team up to foil rhino poachers in Africa
Global technology giants, Dimension Data and Cisco, has announced that they are expanding their anti-poaching Connected Conservation programme into Zambia, Kenya, and Mozambique to continue protecting rhino, as well as help fight the war on the startling numbers of African savanna elephant being poached.