Collapsed crypto exchange FTX claims $415 mn hacked

San Francisco, Jan 18 (IANS) Bankrupt cryptocurrency exchange FTX has claimed that hackers stole nearly $415 million from its platform. FTX CEO John J. Ray III said that about $323 million was hacked from its international exchange and $90 million from its US platform. “We are making important progress in our efforts to maximise recoveries, and […]

Instagram makes people depressed, Twitter makes people angry: Musk

Instagram makes people depressed, Twitter makes people angry: Musk

New Delhi, Elon Musk on Monday put Twitter on fire, after saying that Meta-owned Instagram makes its users depressed while his micro-blogging platform makes people angry. “Instagram makes people depressed & Twitter makes people angry. Which is better?” he asked. Musk’s comment created a barrage of reactions on what platforms people like the most. A follower […]

China to take ‘golden shares’ in two of its biggest tech firms Alibaba and Tencent

China to take ‘golden shares’ in two of its biggest tech firms Alibaba and Tencent

London,  China is to take “golden shares” in two of its biggest tech companies, Alibaba and Tencent, as Beijing extends its influence on the country’s star tech firms and its most powerful and wealthy business people, media reports said. Beijing’s move marks a shift away from imposing hefty fines and sanctions in its two-year tech […]

Microsoft employees get ‘unlimited time off’ in US

Microsoft employees get ‘unlimited time off’ in US

San Francisco,  Microsoft will give its staff in the US “unlimited time off”, no longer requiring them to formally record vacation. According to The Verge, the new ‘Discretionary Time Off’ policy will apply to all employees on the pay role. “How, when, and where we do our jobs has dramatically changed. And as we’ve transformed, […]

Apple loses $1 trillion in market cap in one year

Apple loses $1 trillion in market cap in one year

San Francisco, Jan 4 (IANS) For the first time since early 2021, Apple’s market cap fell below $2 trillion during trading on Tuesday, one year to the day after it became the first public tech company valued at $3 trillion. The fall meant that in just one year, the tech giant lost $1 trillion in market […]

Google restores Gmail that went down for millions globally

Google restores Gmail that went down for millions globally

New Delhi, Dec 11 (IANS) Google finally restored Gmail service after it suffered a massive outage for millions of users globally, including in India, on Saturday. Gmail users complained about mails not being received. Both mobile app and desktop versions were affected across the world. “The issue with gmail is now fully mitigated. All the backlog […]

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