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T-Mobile apologizes for the data breach

T-Mobile claims to have contacted virtually all of the millions of customers whose personal information was taken and to be “sincerely apologetic” for the incident. T-Mobile CEO Mike Sievert said in a written statement Friday that the company spends lots of effort to try to stay ahead of criminal hackers “but we didn’t live up to the expectations we have for ourselves to protect our customers. Knowing that we failed to prevent this exposure is one of the hardest parts of this event.” The company said earlier this month that…

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Popular electric vehicle maker Rivian announces IPO

Rivian Automotive, an Amazon-backed maker of electric trucks and utility vehicles, filed for a stock market listing on Friday as it prepared to ramp up manufacturing and deliveries. The California-based company said that it has filed for an initial public offering (IPO) on a confidential basis, in accordance with a provision that allows it to keep its financial data private. The offering’s size and pricing range were not disclosed. Rivian has garnered more than $10 billion in investment since its inception in 2009, notably from Amazon, which has committed to…

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Google to pay $15 billion to Apple

Google would pay Apple $15 billion (approximately Rs. 1,10,718 crores) to remain the default search engine on iPhone, iPad, and Mac in 2021. The cost of keeping Google as the default search engine for the Safari browser is believed to have risen once again, and it is expected to rise much further in 2022. It is commonly assumed that Google pays Apple a large sum of money each year to maintain the supremacy of its search engine, which includes outbidding Microsoft. According to an investor note obtained by Ped30, Bernstein…

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Infinix Hot 11 to be launched in India by mid-September

The Infinix Hot 11s has been confirmed by the company, and its release in India is set for next month. A major smartphone specification has also been disclosed. The next Infinix phone will be powered by the same processor as the Redmi 10 Prime, which will also be released in India in September. Infinix introduced the Smart 5A in India earlier this month, powered by a MediaTek Helio A20 processor and 2GB of RAM. The Infinix Hot 11s will be available in India in mid-September, according to the company. It…

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Microsoft Azure cloud vulnerability: Everything the company has to say

Microsoft has issued warnings to thousands of its Azure cloud computing clients, including several Fortune 500 companies, about a vulnerability that has left their data totally exposed for the past two years. A vulnerability in Microsoft’s Azure Cosmos DB database system allowed attackers total unfettered access to over 3,300 Azure customers. When Microsoft implemented a data visualization capability called Jupyter Notebook to Cosmos DB in 2019, it exposed the vulnerability. In February 2021, the feature was enabled by default for all Cosmos DBs. “This is the worst cloud vulnerability you…

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Microsoft intends to raise the prices of most Office and Microsoft 365 subscriptions.

Microsoft has announced plans to hike the pricing of some Microsoft 365 and Office 365 premium services by up to 25%. The hikes will go into effect on March 1, 2022. The Redmond, Washington-based company justified the higher costs by asserting, then specifying in considerable detail, the changes to the plans since Office 365 debuted in June 2011. “This new pricing reflects the enhanced value we have given to our customers over the last ten years,” said Jared Spataro, corporate vice president for Microsoft 365, in an Aug. 19 blog…

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Google to offer FD’s on google pay

Google Pay will provide customers with Equitas Small Finance Bank FDs for up to a year. According to a Mint article, Ujjivan Small Finance Bank and AU Small Finance Bank are also expected to join the list in the near future. As per the report, the highest interest rate is presently set at 6.35 percent, and customers would be required to join up after an Aadhaar-based KYC (know your customer) process facilitated by a one-time password (OTP). Setu, an API infrastructure start-up that provides APIs to customers in bill payments, savings,…

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Hacker has claimed responsibility for the T-Mobile attack.

A person claiming to be behind the T-Mobile data breach that exposed almost 50 million people’s information has come out to identify his name and attack T-security According to the Wall Street Journal. T Mobile’s John Binns informed the WSJ that he was behind the attack and provided evidence that he could access accounts linked with it, and he went into detail about how and why he conducted it. Binns claims that by scanning for unsecured routers, he was able to obtain customer (and past customer) data from T-Mobile. He…

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Researchers developed rechargeable batteries that can store tore six times more charge

An international team of researchers lead by Stanford University has developed rechargeable batteries that can store up to six times the charge of commercially available batteries. The breakthrough, described in a new paper published on August 25 in the journal Nature, could accelerate the use of rechargeable batteries and bring battery researchers one step closer to achieving two top stated goals of their field: developing a high-performance rechargeable battery that could allow smart phones to be charged only once a week rather than daily and developing electric vehicles that can…

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Facebook to launch digital wallet this year

Facebook confirms that the firm is preparing to create a digital wallet that would allow users to store cryptocurrency. The director of Facebook’s crypto team, David Marcus, told the information News site that company officials “feel pretty committed” to launching the Novi digital wallet this year. Marcus stated that he would have wanted to release Novi concurrently with Diem, a digital currency connected to the dollar that the company is also developing, but Diem’s release date remained unknown. “In theory, Novi could launch before Diem, but it would mean launching without Diem and…

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