On Friday, Australia sued Meta Platforms over scam advertisements on Facebook that falsely include prominent figures. Accordingly, the country’s consumer protection agency stated that the adverts endorsed investment in cryptocurrency or money-making schemes. The fraud also featured well-known Australians, including former New South Wales premier Mike Baird and businessman Dick Smith. Subsequently, scammers convince users …
Foxconn, a major Apple Inc. supplier, announced on late Wednesday that it would partially resume production in Shenzhen, China. Accordingly, the Taiwanese company would use a bubble arrangement to resume production until Sunday. The campuses will operate through a closed-loop management system, a setting requested by the local government. Accordingly, this protocol, used during the …
On Tuesday, Tesla Inc. raised the prices of its electric vehicles in China and the United States, the second increase in less than a week. Subsequently, the Chinese Model Y Long-Range vehicle now costs $58,952.68. It added $2,822.60 from its March 10 value, when its price went up by $1,568.16. Likewise, the price tag of …
On late Wednesday, Amazon.com Inc. announced that the company board approved a 20-for-1 stock split, its first divide since 1999. Accordingly, the e-commerce giant anticipated the split to go into effect on June 6. Considering its Wednesday close, the cost of each stock would go from $2,785.58 to $139.28. Then, each existing holder would get …
On Tuesday, Apple Inc. will hold its first launch event of the year. Experts expected the company to announce a low-cost 5G iPhone. The firm will host the event in a live stream on Apple Park headquarters in Cupertino, California. It has launched online-only events since the start of the pandemic two years ago. The …
Amazon.com, Inc. announced on Wednesday that it would shut down its physical stores, 4-star and Pop up shops, to focus on the grocery sector. The world’s largest online retailer plans to close 68 brick-and-mortar kiosks across the US and UK. This move will end some of its longest-running retail experiments. Previously, Amazon has gradually unveiled …
On Monday, the annual Mobile World Congress (MWC) canceled the Russian pavilion amid the deepening Ukraine crisis. The largest trade show for mobile technology started on February 28 and will end by March 03. Consequently, the awaited event placed an icy reception to Russia. GSM Association, the industry body that runs Mobile World Congress, released …
A high-volume cyberattack temporarily blocked access to the websites of Ukraine’s banks and defense agencies, escalating fears of a full-scale Russian invasion. Ukraine’s Ministry of Digital Transformation stated that a mass distributed denial of service attack hit the country. A DDOS allows a hacker to flood a victim’s network or server with traffic so that …
Ukraine Hit by Cyberattack amid Russian Invasion Fears Read More »
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