Author: Staff Writer

What Does 2017 Hold for the Internet of Things?

Staff Writer
Vivo

In the digital age, we’re constantly on the lookout for the next big thing in technology – whether for personal use or to invest ahead of the curve. Looking ahead into 2017, the battle over Internet of Things (IoT), market will likely heat up as companies expand their hardware and software ecosystems. The Internet of Things which links mobile devices, wearables, home automation devices, cars, and other gadgets to each other and the cloud, is frequently considered the next big growth market for hardware and software makers. Cisco (NASDAQ:CSCO) estimates that the number…

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Nokia Sues Apple For Patent Infringement

Staff Writer
Patents

Five years after Apple and Nokia settled a lawsuit, the tech giants have again locked horns over patents with Apple filing an anti-trust lawsuit against third-party companies Patent Assertion Entities (PAEs) that act on Nokia’s behalf, and the Finland-based firm suing Apple directly. “We’ve always been willing to pay a fair price to secure the rights of patents covering technology in our products,” said Apple spokesman Josh Rosenstock. “Unfortunately, Nokia has refused to license their patents on a fair basis and is now using the tactics of a patent troll…

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Uber self-driving cars hit the streets of San Francisco

Staff Writer

Taxi-hailing service Uber has announced that passengers in its hometown can now use its app to summon a ride in a car that can drives itself. The ride sharing firm is bringing a small number of self-driving car to its ride-hailing service in San Francisco, a move likely to excite the city’s tech-savvy population and certain to antagonize California regulators. The self driven car technology will  ensure that a Uber employee behind the wheel to take over should the technology fail. According to Uber, Users of the App may be…

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WhatsApp to End Support Of Devices With Old Versions Of iOS And Android

Staff Writer
WhatsApp launches end-to-end encryption on messages for all its users

Instant messaging App Whatsapp, will pull plug for devices running the older versions of mobile operating systems by the end of 2016. WhatsApp, the leading instant messaging client in the entire world, connects people globally without geographical barriers. In February this year, the application administrators announced that its services are being used by 1 billion users across the world but will be unavailable for some users. According to Apple, 63% of iOS devices are running on iOS 10, 29 % on iOS 9 and only 8 % on previous versions of…

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AT&T Launches first 5G Trial For Intel

Staff Writer

5G and its multi-gigabit cellular speeds probably won’t hit the market until 2020, but one corporate customer of AT&T has already tasted what it will be like. AT&T has launched what it believes as the first business customer trial 5G wireless technology, promising to bring gigabit-level internet speeds to smartphones in the long run. AT&T previously worked with Ericsson to conduct the company’s first public demo, which handled 4K video streaming and real-time camera feeds in speeds of up to 14 Gbps. AT&T has taken the 5G technology it worked on with…

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Banks remains top cybercrime targets globally

Staff Writer
Cybersecurity

As digital technology develops, the business organizations continue to experience more transformations and disruptions exposing themselves to more opportunities and threats. Attacks against the finance industry are becoming increasingly sophisticated and highly targeted. The economic crime has as well gone digital as every sector of commerce digitalizes. According to a U.S. cybersecurity report released by IBM, the financial-services industry ranked third in number of cyberattacks in 2015, after health care and manufacturing. Reports also indicate that there were 2.46 million cyber incidents and 2.11 million victims of cyber crime in…

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Brookings Study estimates cost of internet shutdowns in 2015 at $2.4 billion

Staff Writer
Banking Crisis

Whenever there’s a shutdown of internet access or restrictions placed on an app, we shake our heads disapprovingly because we know it’s a fundamentally bad idea to do that. But what exactly is the cost of those shutdowns? A new study from the Brookings Institution suggests well over $2 billion over the last year. The study, by Brookings analyst Darrell West, is a very rough estimate of these costs. We’re talking back-of-napkin rough — well, assuming you were sitting at the bar with MIT and World Bank economists. Essentially, West…

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Oracle acquires Palerra to upgrade Cloud Security

Staff Writer
banking security

Oracle has just concluded the agreement to acquire Palerra last Sept. 18. The move is expected to bolster the company’s push to expand its Identity Cloud Service, which is touted as a next-generation security and identity platform for the cloud. Both companies did not provide any details about the recent acquisition, particularly the cost involved. However, one should remember that Palerra has raised $25 million in funding last year. This figure should provide some insight regarding its value. “Together, Oracle and Palerra will help accelerate cloud adoption securely by providing…

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Zuckerberg “deeply disappointed” by the Internet.org, SpaceX Falcon 9 rocket explosion

Staff Writer

Earlier today, a SpaceX Falcon 9 rocket exploded on the launch pad for no apparent reason. While we’re still trying to learn more about what happened, we already know that the company was doing a test, and an anomaly created a big mess. Fortunately, all personnel were clear of the launch pad. But this incident is going to affect Facebook’s Internet.org effort in a significant way as a satellite was also destroyed in the process. While insurance companies are going to pay out for today’s failure, the SpaceX rocket was…

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Study: Canadian tech sector outperforms finance

Staff Writer

The Brookfield Institute for Innovation + Entrepreneurship (BII+E), a non-profit arm at Ryerson focused on innovation research, has released The State of Canada’s Tech Sector 2016, a report that breaks down the technology sector’s key characteristics and its contribution to the economy. The tech sector, which consists of 71,000 companies, employs around 5.6 per cent of all working Canadians (864,000 of them), and they tend to make more than workers in other sectors, said the report. The average tech employee earns $67,000 per year compared to a national average of…

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