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U.S. Senators to give green signal for $52 Billion Semiconductor Bill

According to a Reuters report, a group of four U.S. senators might unveil their $52-billion microelectronics industry backing proposal on Friday or early next week. The chip industry support plan is set to include funding of R&D and production and the establishment of national programs. ...

Rachel Mushahwar joins in AWS as the Americas Channel and Partner Chief

Mushahwar had worked previously worked for Intel Corp. for more than six years, most recently as vice president and general manager of U.S. sales enterprise, government and next-wave cloud providers....

Researchers found vulnerability in Pega Infinity

Pega Infinity is a popular enterprise software suite, with over 2,000 users. The package includes customer service and sales automation, an AI-driven ‘customer decision hub’, workforce intelligence, and a ‘no-code’ development platform. Some of its big-list customers include the FBI, US Air Force, Apple, American Express, and others....

US' Colonial Pipeline paid $5 mn ransom to hackers

The hacking that had been carried out by a criminal cybergroup known as DarkSide, forced the US’ Colonial Pipeline to shut down approximately 5,500 miles of pipeline, leading to a disruption of nearly half of the East Coast fuel supply and causing gasoline shortages in the Southeast....

Facebook ban from processing WhatsApp user data by German regulator

The data protection regulator of Germany for Facebook (FB.O) has banned the social media platform from processing personal data from WhatsApp users in the country as the regulator views the messaging app's new terms of use as illegal....

Critical WiFi vulnerability Frag attacks to impact millions of devices

Belgian security researcher specializing in Wi-Fi bugs has unearthed a clutch of new ones, which he called FragAttacks, that affect the Wi-Fi standard itself. The name is short for “fragmentation and aggregation attacks.”...

Huawei to set up the largest solar-powered data center

According to news reports, Huawei and Moro Hub are working together to construct a data center in the Middle East and Africa, which will be supported by the largest solar energy and founded on CloudFabric 3.0 Solution. Moro Hub is a digital unit of Dubai Electricity and Water Authority (DEWA), which is well known for its advanced digital and cloud service offerings....

Block.one invests $10 billion in crypto exchange

Block.one backed by Peter Thiel, Alan Howard and Louis Bacon, is launching a crypto exchange that seeks to combine attributes of traditional bourses with the benefits of decentralized finance. Bullish, as the exchange will be known, is being capitalized by Block.one with about $10 billion in digital assets and cash. That seeding...

Foxconn's iPhone production in India dipped by more than 50% due to COVID surge: Report

As per news source, the production of Apple iPhone 12 at Foxconn factory in India has dipped by more than 50% as workers infected with COVID-19 have to leave their posts. ...

Adobe fixes Reader in zero-day vulnerability

Adobe has released a massive Patch on the security update release that fixes vulnerabilities in twelve different applications, including one actively exploited vulnerability Adobe Reader. Adobe warns that one of the Adobe Acrobat and Reader vulnerabilities tracked as CVE-2021-28550 has been exploited in the wild in limited attacks against Adobe Reader on Windows devices....