Xiaomi has started laying off workers in several units of its smartphone and internet services business, reducing its workforce by about 15 percent, the South China Morning Post reported on Tuesday. The Hong Kong newspaper cited social media posts by affected employees and local Chinese media, saying China’s social media platforms, including Weibo, Xiaohongshu and
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Bloomberg’s Hannah Miller joins Caroline Hyde to discuss how the crypto firm Amber Group has raised $300 million mainly for customers who lost money on the platform’s products due to FTX’s implosion.
Dec 19, 2022Ravie LakshmananSoftware Security / Supply Chain Cybersecurity researchers have discovered a new malicious package on the Python Package Index (PyPI) repository that impersonates a software development kit (SDK) for SentinelOne, a major cybersecurity company, as part of a campaign dubbed SentinelSneak. The package, named SentinelOne and now taken down, is said to have
Elon Musk on Monday posted a poll to Twitter, asking users to vote on whether he could continue as the Chief Executive Officer (CEO) of the microblogging platform. The poll has now ended, with over 17 million votes. Nearly 57 percent of users voted in favour of Musk stepping down as head of Twitter, while
Apple’s walled garden around its technology is as synonymous with the iPhone maker as the iPhone itself. It is how Apple lures consumers into buying expensive earphones, watches and speakers that work seamlessly with that rectangular slab in their pockets, and ultimately what locks people in to Apple products. That has been great for Apple’s
FTX founder Sam Bankman-Fried was sent back to a Bahamas jail Monday after a reported plan for him to waive his extradition to the U.S. stalled. Reports over the weekend indicated that Bankman-Fried would consent to extradition, but the former crypto billionaire told a different story Monday, demanding to see a copy of his federal indictment before
The Paris Commercial Court on Monday fined iPhone maker Apple just over EUR 1 million (nearly Rs. 8 lakh) for imposing abusive commercial clauses on French app developers for access to the company’s App Store, the court ruling showed. The ruling, seen by Reuters, said there was no need to order Apple, which has a
Dec 19, 2022Ravie LakshmananBlockchain / Botnet The operators of the Glupteba botnet resurfaced in June 2022 as part of a renewed and “upscaled” campaign, months after Google disrupted the malicious activity. The ongoing attack is suggestive of the malware’s resilience in the face of takedowns, cybersecurity company Nozomi Networks said in a write-up. “In addition,
The European Commission on Monday said it has warned Facebook parent company Meta that it is breaching EU antitrust laws by distorting competition in markets for online classified advertising and abusing its dominant position. The Commission said in a preliminary view that it would further investigate and that it could impose a fine of up
Redmi Note 12 Pro 5G India launch date has been set for January 5, and the company’s handset will make its debut alongside the Redmi Note 12 Pro+ 5G. The company announced on Monday that its midrange smartphone will be launched in the country as part of the Note 12 series. The Note 12 series,
The collapse of FTX, once a $32 billion crypto exchange, has shattered investor confidence in cryptocurrencies. Market players are trying to gauge the extent of damage it has caused — and how it will reshape the industry in the years to come. Sam Bankman-Fried, FTX’s former boss who stepped down on Nov. 11, was arrested
Avatar: The Way of Water has collected a sizeable $435 million (about Rs. 3,598 crore) at the global box office in its opening weekend. Roughly $301 million (about Rs. 2,490 crore) were pulled from markets outside the US, including India, and the all-too-rare China — the latter has been known for limiting Hollywood theatrical releases
Dec 16, 2022Ravie LakshmananBackup & Recovery / Zero-Day The U.S. Cybersecurity and Infrastructure Security Agency (CISA) has added two vulnerabilities impacting Veeam Backup & Replication software to its Known Exploited Vulnerabilities (KEV) Catalog, citing evidence of active exploitation in the wild. The now-patched critical flaws, tracked as CVE-2022-26500 and CVE-2022-26501, are both rated 9.8 on
Elon Musk reinstated the Twitter accounts of several journalists that were suspended for a day over a controversy on publishing public data about the billionaire’s plane. The reinstatements came after the unprecedented suspensions evoked stinging criticism from government officials, advocacy groups and journalism organizations from several parts of the globe on Friday, with some saying
Motorola ThinkPhone, the handset that was previously tipped to launch as the Moto Edge 40 or Lenovo ThinkPhone, has been leaked online. The images show off the design, build, and key specifications of the purported smartphone from Motorola. However, the latest leak seems to suggest the upcoming smartphone will be called ’ThinkPhone by Motorola’. The images
Fusion power plants are possible on the electricity grid within the next decade, a potential game changer that could supply a limitless amount of carbon-free power, former US Energy Secretary Ernest Moniz said Thursday. He spoke with David Westin on “Balance of Power.” ——– Like this video? Subscribe to Bloomberg Technology on YouTube: https://www.youtube.com/channel/UCrM7B7SL_g1edFOnmj-SDKg Watch the latest full episodes of
Dec 16, 2022Ravie LakshmananServer Security / Botnet Microsoft on Thursday flagged a cross-platform botnet that’s primarily designed to launch distributed denial-of-service (DDoS) attacks against private Minecraft servers. Called MCCrash, the botnet is characterized by a unique spreading mechanism that allows it to propagate to Linux-based devices despite originating from malicious software downloads on Windows hosts.
Stuffcool PB9063W 5,000mAh magnetic wireless power bank has been launched in India, priced at Rs. 3,999. The new power bank is designed to primarily be used with Apple products with support for the company’s magnetic MagSafe and Apple Watch standards, including many iPhone, AirPods, and Watch models, thanks to a built-in Apple Watch charging module.
Before his surprise Monday night arrest, Sam Bankman-Fried had apologized for everything he could think of, to everyone who would listen. In a leaked draft of his aborted House testimony, he wrote that he was truly, for his entire adult life, “sad.” He “f—– up,” he tweeted, and wrote, and said. He told Bahamas regulators
Dec 16, 2022Ravie LakshmananSecure Coding / Code Hosting GitHub on Thursday said it is making available its secret scanning service to all public repositories on the code hosting platform for free. “Secret scanning alerts notify you directly about leaked secrets in your code,” the company said, adding it’s expected to complete the rollout by the
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