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PayPal data breach exposed 35000 PayPal accounts
PayPal suffered a significant credential-stuffing attack in December last year that compromised the sensitive personal information of close to 35,000 customer accounts. Credential stuffing are attacks where hackers attempt to access an account by trying out username and password pairs sourced from data leaks on various websites. ...
Google sued by US Justice Dept for dominating online ad market
The US Justice Department sued Google over its dominance in the online advertising market. The federal antitrust suit accused Google of unlawfully maintaining a monopoly that had “corrupted legitimate competition in the ad tech industry.”...
Mahanadi Coalfields to build power plant in Odisha
Coal India arm Mahanadi Coalfields Ltd (MCL) will set up a coal-based plant in Odisha with an investment of around Rs 12,000 crore. MCL is planning to diversify into power generation and aluminium business....
Omar Ishrak steps down as Intel’s Chairman
Intel’s Chairman Omar Ishrak had stepped down, with board director Frank Yeary appointed as his replacement. ...
AMD launches Ryzen & Athlon 7020 Series Processors for smartphones in India
AMD has launched the new Ryzen 7020 Series and Athlon 7020 Series Processor lineup in India, delivering performance, productivity, and responsiveness. The Ryzen and Athlon 7020 Series Processors for mobile are built on the “Zen 2” core architecture featuring AMD RDNA 2 graphics....
Google rewards Rs 18 lakh to Indian hackers for discovering a bug
Two Indian hackers got a whopping $22,000, for spotting a security flaw in Google’s cloud program projects. They spotted a major server-side request forgery bug and subsequent patch bypass. The bug they found could have allowed someone to take control of someone else’s virtual machine with just one click....
Govt proposes multiple changes to insolvency law
The government has proposed a number of changes to the insolvency law, including fast-tracking the process and expanding the scope of pre-packaged framework. Since the enactment of the Insolvency and Bankruptcy Code (IBC) in 2016, it has already undergone various amendments....
Twitter lost 500 advertisers since Elon Musk’s acquisition
According to a report, over 500 of Twitter’s advertisers have stopped spending money on the platform since Elon Musk took over the microblogging site last year. On the same day, the social media company’s daily revenue was 40% lower than the same day a year ago. ...
Bharti Airtel to set up hyperscale data center in Hyderabad
Telecom giant Bharti Airtel Group in association with the Telangana government announced an investment worth Rs 2,000 crore through its Data Center arm Nxtra Data Centers, to establish a large hyperscale data center in Hyderabad with a capacity of 60 megawatts (MW) of IT load for the first phase....
Samsung India seeking to collect Rs 894 Cr worth production incentives from the govt
Samsung Electronics Co. is facing difficulties in collecting manufacturing incentives owed by India, underlining the complicated nature of such programs. The smartphone giant’s India unit is seeking Rs. 9 billion worth incentives for the fiscal year through March 2021. ...