US tech giants Apple have seen a ban prohibiting the company from selling its iPhone 6 phones in China overturned following a legal hearing. A Chinese court ruled in its favor in a patent dispute between the Californian based company and a domestic phone-maker. The legal row began in May last year, when a Beijing based patent regulator took the decision to order Apple’s Chinese subsidiary and local retailer Zoom-Flight to immediately stop selling iPhones after Shenzhen Baili Marketing Services…
Apple has come under fire for not paying any tax in New Zealand. The Californian company reportedly sold NZ$4.2 billion worth of products in the country, but didn’t pay any tax at all. According to a report by the New Zealand Herald, Apple paid $37 million in income tax based on its New Zealand sales, but that money went to the Australian government, since that’s where Apple’s NZ operation is run from. There has been an arrangement in place since…
The European Commission has reportedly given social networks GooglePlus, Facebook and Twitter a month to figure out how they will comply with an EU regulatory framework designed to protect users from fraud, after the EC received complaints from users who were targeted by fraudsters via the social media sites. “The Commission and the consumer authorities will review the final proposals,” said a statement by the EU. “If they are not satisfactory, consumer authorities could ultimately resort to enforcement action.” The…
A recent Bloomberg report suggests that authorities in the United States are planning to issue criminal indictments targeting four individuals connected to the massive hacks against Yahoo users' accounts. Three of the individuals are said to be Russian. The source cited by Bloomberg said one of the suspects is being tracked down in Canada and the others are in Russia. Yahoo's current CEO Marissa Meyer lost out on her annual bonus after an investigation determined that Yahoo had mishandled a…

Samsung heir Lee Jae-Yong denies corruption charges

Written on Tuesday, 14 March 2017 06:51
Samsung, the world's largest smartphone manufacturer, is embroiled in a corruption scandal which has seen South Korea's President, Park Geun-Hye, impeached. The heir to Samsung, Lee Jae-Yong, has denied all charges made against him involving corruption, bribery, perjury and other offences linked to the former President. Lee's lawyers informed a preliminary hearing on March 9 of his stance on the allegations. Lee, 48, was not present at Seoul Central District for the court hearing. The scandal couldn't come at a…

African Union launches .africa for the continent

Written on Tuesday, 14 March 2017 05:33
The African Union has launched .africa for the continent 32 years after the world's first domain name was registered. It started off as '.com' and eventually evolved to .something. Africans can now apply to register an .africa website domain name in the coming months, which outgoing AU commission chair Nkosazana Dlmamini-Zuma says would allow Africans to better reach the world. "With .africa, I would say Africa has finally got its digital identity," said Dlamini-Zuma, who is handing over power to…
On March 7 2017, WikiLeaks began its new series of leaks on the U.S. Central Intelligence Agency. Code-named "Vault 7" by WikiLeaks, it is the largest ever publication of confidential documents on the agency. The first full part of the series, "Year Zero", comprises 8,761 documents and files from an isolated, high-security network situated inside the CIA's Center for Cyber Intelligence in Langley, Virginia. The technology industry has been scrambling to understand the implications of the alleged CIA hacking arsenal…
Chinese telecom giants ZTE have received the largest criminal penalty in US history in relation to an export control case - following its admission that it violated the terms and conditions of US export controls in selling goods to both Iran and North Korea. ZTE pleaded guilty to the charges and the organization will immediately pay $892m - while another $300m in penalties will be suspended for a period of seven years. Some of the charges against ZTE included obstructing…
US electrical car maker Tesla has launched its services in the UAE - following an official announcement by Tesla CEO, Elon Musk at the World Government Summit. Tesla has initiated operations in Dubai, and also disclosed plans to open a shop and service station in Abu Dhabi next year. Tesla CEO, Elon Musk revealed that he planned to invest millions in the UAE on infrastructure including recharging stations - predicting that in the next twelve months consumers will be able…
Unused analogue and television spectrum is being auctioned by the Federal Communications Commission (FCC), the US government agency which regulates interstate and international communications by radio, television, wire, satellite and cable, in an incentive to free up more spectrum for 4G and 5G and also advanced wireless services such as mobile and video. The two-sided auction for the spectrum was intended to pay broadcasters a fair share for their assets before selling them to the highest-bidding mobile carriers. After several…
Russia’s interior ministry recently said nine individuals has been detained who are alleged to be part of a cybercrime organization accused of stealing some $17 million from bank accounts. A nationwide search was implemented to find the 50-strong hacker group in Russia. An operation was launched by the FSB security agency last year, to track down the hackers that pilfered more than one billion rubles ($16.8 million) since 2013, according to a statement. “Nine individuals suspected of participating in hacking…

PayPal under US investigation for money laundering

Written on Thursday, 09 February 2017 09:16
US authorities have demanded that PayPal hand over information as part of an investigation into money laundering, according to a regulatory filing that was available on Wednesday, February 8, 2017. Silicon Valley-based PayPal is an American company that operates a worldwide online payments system that supports online money transfers and serves as an electronic alternative to traditional paper methods like checks and money orders. In an annual report to the US Securities and Exchange Commission, PayPal said, “We have received…
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