In absence of any regulation, cryptocurrency is not yet illegal in...
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Crypto crime spills over from behind the screen to real-life violence
While crypto thefts are not new, the use of physical violence is a...
Burning cargo ship carrying 3,000 vehicles abandoned off Alaska
Smoke was initially seen rising from a deck loaded with EVs, the...
Bupa backs 18 start-ups in sustainability and health drive
Iñaki Ereño, Group CEO,Bupa further networking opportunities to 18 global start-ups which are pioneering products aimed at tackling climate change in innovative new ways. Iñaki Ereño, Bupa’s Group CEO, said: “As a provider of healthcare services to millions of people...
Australia regulator tells Medibank to set aside $167 mln after data breach
Medibank last year disclosed that a hacker stole the personal information of 9.7 million current and former customers and released the data on the dark web in one of Australia's biggest data thefts. At least three separate class action suits have been filed against...
Will bring new vehicles that run on ethanol: Gadkari
“We are bringing new vehicles that will run entirely on ethanol. Bajaj, TVS and Hero scooters will run on 100 per cent ethanol," said Union minister Nitin Gadkari Gadkari said he would launch Toyota company’s Camry car in August, which will run 100 per cent on ethanol...
91% Indian firms faced ransomware attacks in 2022: Report
“Business transformation, driven by digital and cloud initiatives, continues to result in a surge in new enterprise identities. While attackers are constantly innovating, compromising identities remains the most effective way to circumvent cyber defences and access...
Titanic sub: victims’ families could still sue despite liability waivers
Waivers are not always ironclad, and it is not uncommon for judges to reject them if there is evidence of gross negligence or hazards that were not fully disclosed “If there were aspects of the design or construction of this vessel that were kept from the passengers...
Google to set up its global fintech operations centre in Gift City: Pichai
Sundar Pichai,CEO,Google Google had announced a collaboration with Bengaluru-based Indian Institute of Science to collect speech data from 773 districts across India to fine-tune its language translation and search technology Washington: Internet giant Google will set...
Google backs creation of cybersecurity clinics with $20 mn donation
Sundar Pichai,CEO,Google Google CEO Sundar Pichai said the new initiative addresses both the rising number of cyberattacks up 38 per cent globally in 2022 and the lack of candidates trained to stop them. While many groups think there is nothing they can do against a...
U.S. bank regulators considering tougher rules for banks over $100 bln in size
FDIC Chairman Martin Gruenberg said in a speech the spring turmoil in the banking sector showed firms of that size pose a risk to the financial system and merit stricter oversight. Three banks failed during the spring, requiring regulators to step in and backstop...
Lawsuit: Insufficient prototype testing could put Titanic sub passengers in ‘extreme danger’
David Lochridge, OceanGate’s director of marine operations, wrote an engineering report in 2018 that said the craft under development needed more testing and that passengers might be endangered when it reached “extreme depths,” according to a lawsuit filed that year...
InLife Health Care partners with Munich Re HealthTech
With SMAART, IHC executives will be able to have detailed information about key performance indicators of the business, including loss ratio, ultimate loss ratio, burning costs, incurred claims and ultimate claims Athens: Munich Re HealthTech S.A. today announced that...