Impact Engine files lawsuit against Google over digital ad technology infringement

Alphabet Inc’s Google LLC was hit on Monday with a U.S. lawsuit alleging it copied a smaller firm’s patented digital advertising technology. Impact Engine Inc filed the complaint in federal court in San Diego, California, alleging various Google online advertising platforms, including Google Ads and Google AdSense, infringed on six patents. The allegedly violated patents,… Read More Impact Engine files lawsuit against Google over digital ad technology infringement

U.S. regulator approves $5billion settlement in Facebook user data case

The U.S. Federal Trade Commission approved a roughly $5 billion settlement with Facebook Inc this week over its investigation into the social media company’s handling of user data, a source familiar with the situation said on Friday. The FTC has been investigating allegations Facebook inappropriately shared information belonging to 87 million users with the now-defunct… Read More U.S. regulator approves $5billion settlement in Facebook user data case

U.S. to issue licenses for sale of goods to Huawei provided no threat to national security

U.S. government will issue licenses to companies seeking to sell American-made goods to China’s Huawei where there is no threat to national security, Commerce Secretary Wilbur Ross said on Tuesday, but left key questions unanswered about what products will pass muster. Seeking to revive trade talks with China, U.S. President Donald Trump announced late last… Read More U.S. to issue licenses for sale of goods to Huawei provided no threat to national security

IBM acquires software company Red Hat in $34billion deal

International Business Machines Corp said on Tuesday it has closed its $34 billion acquisition of software company Red Hat Inc as it looks to ramp up its cloud computing business. Underscoring the drive into high-margin businesses, IBM in October agreed to buy Red Hat, the company’s biggest acquisition in its more than 100-year history. Ginni… Read More IBM acquires software company Red Hat in $34billion deal

Hackers steal data from systems of over a dozen global telecom companies

Hackers broke into the systems of more than a dozen global telecom firms and stole huge amounts of data in a seven-year spying campaign, researchers from a cyber security company said, identifying links to previous Chinese cyber-espionage activities. Investigators at U.S.-Israeli cyber firm Cybereason said on Tuesday the attackers compromised companies in more than 30… Read More Hackers steal data from systems of over a dozen global telecom companies

SpaceX launches Falcon Heavy rocket carrying 24 satellites

SpaceX launched its Falcon Heavy rocket on Tuesday from Kennedy Space Center in Florida, carrying 24 experimental satellites in what Elon Musk’s rocket company called one of the most difficult launches it has attempted. The craft blasted off to cheers from onlookers at 2:30 a.m. (0630 GMT) after a three-hour delay from the original launch… Read More SpaceX launches Falcon Heavy rocket carrying 24 satellites

Huawei sues U.S. Commerce Department over seizure of equipment

Huawei Technologies Co Inc filed a lawsuit against the U.S. Commerce Department on Friday challenging whether telecommunications equipment it sent from China to the United States, and then back to China, is covered by Export Administration Regulations, according to a court filing. The lawsuit is the latest salvo in a battle between the U.S. government… Read More Huawei sues U.S. Commerce Department over seizure of equipment

Facebook set to launch Libra cryptocurrency next year

Facebook Inc plans to launch a cryptocurrency called Libra next year as part of its wider efforts to expand beyond social networking into e-commerce and global payments. Facebook said it has linked with 28 partners to form Libra Association, a Geneva-based entity governing its new digital coin, which it will launch in the first half… Read More Facebook set to launch Libra cryptocurrency next year