Samsung Electronics flags 53% jump in profit, tops estimates
Samsung Electronics Co Ltd on Wednesday reported a likely 53% jump in second-quarter operating profit, beating market estimates on the back of strong chip prices and demand despite lower smartphone sales.
Ransomware group REvil conducts 15 cyberattacks per week over 2 months, research shows
REvil, a ransomware group linked to Russian hackers, has conducted 15 cyberattacks per week over two months.
Pentagon cancels JEDI contract as Amazon, Microsoft duke it out
The Defense Department has canceled its Joint Enterprise Defense Infrastructure (JEDI) contract as Amazon and Microsoft sparred for years over the deal.
Samsung Electronics Q2 profit likely up 38% on strong chip prices
Samsung Electronics Co Ltd likely saw a 38% surge in profit for the April-June quarter thanks to strong chip prices and demand spurred by a pandemic-led consumer appetite for electronics as well as recovering investment in data centers.
Between 800 and 1,500 companies potentially affected by Kaseya ransomware attack
Thousands of companies across the globe have been affected by a ransomware attack that targeted software firm Kaseya.
Justice Department hiring antitrust lawyers for ‘US vs Google’
The Antitrust Division of the United States Department of Justice is seeking “highly qualified attorneys” that it wants to serve as trail attorneys as it takes on Google.
Ransomware attack thought tied to Russia-linked group hitting hundreds of businesses, cybersecurity firm says
A cybercrime group with ties to Russia is believed to have launched a massive ransomware attack that involves hundreds of companies, according to a cybersecurity firm.
IBM's Jim Whitehurst out as president
IBM announced Friday that Jim Whitehurst is no longer president of the company after 14 months at the helm, but will stay on as a senior advisor to the executive leadership team.
Clorox stock being flushed as cleaning frenzy wanes
Clorox stock has struggled for more than a year after initially seeing gains from the cleaning frenzy brought on by the coronavirus pandemic.
Robinhood wants you to buy Robinhood stock on Robinhood
Robinhood Markets Inc. wants its users to buy stock. The online brokerage’s own, that is.
Florida Gov. DeSantis’ Big Tech law struck down by judge
A federal judge has temporarily prevented Florida Gov. Ron DeSantis from implementing legislation allowing state residents to sue the country’s largest technology companies over their content moderation policies.
Microsoft exec details 'frightening' DOJ 'abuse' of secret requests for Americans' data in hearing
A Microsoft executive on Wednesday detailed the "frightening" abuse by the Department of Justice of "secrecy orders" that allow the government to take Americans' data from tech companies without ever letting them know.
Ron Johnson on COVID origins: Senator explains why he believes Dems have not had a hearing
Sen. Ron Johnson, R-Wis., explained Wednesday why he believes Democrats have not had a hearing on the origins of COVID-19, arguing that there must have been a “cover-up” by government officials, China and the mainstream media.
LinkedIn investigates data leaked on cybercriminal site
LinkedIn is investigating user data that cybercriminals apparently posted on the dark web, according to new research.
With Cloud and AI, IBM broadens 5G deals with Verizon and Telefonica
IBM will offer telecom operators Verizon and Telefonica new services ranging from running 5G over a cloud platform to using artificial intelligence, the U.S. technology company said on Monday.
Elon Musk hints at Starlink IPO
SpaceX founder Elon Musk said Wednesday night that it would be "at least a few years" before satellite broadband service Starlink would be publicly listed.
FBI Director Wray urges companies to stop paying ransoms to hackers
FBI Director Chris Wray on Wednesday pleaded with public companies and other hacking victims to avoid paying ransom, saying he fears it will only embolden cyber criminals to ramp up future attacks.
Student loan forgiveness furthers Democrat influence on campuses, critics charge
Some say college campuses are indoctrinating Democrat voters as President Biden pushes student loan forgiveness.
Amazon Prime Day powers biggest day for online spending
Online spending in the U.S. hit a one-day record high for the year on Monday, the first of Amazon's two-day Prime Day sale event, according to the Adobe Digital Economy Index.
Jim Jordan doubts Dem commitment to Big Tech crackdown: They 'applauded' when Facebook banned Trump
Congressman Jim Jordan, R-Ohio, joined Fox Business' “Kudlow” on Tuesday to discuss the approach on how to break up Big Tech's grip on conservative censorship.

















