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Russian lawmakers on Tuesday approved a bill providing for stricter penalties for foreign internet companies that fail to open an office in Russia, including fines. Moscow has long sought to exert greater control over technology firms, and disputes over content and data have intensified since it sent armed forces into Ukraine on February 24. Foreign
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Taiwan’s Foxconn, the world’s largest contract electronics maker, raised its full-year business outlook on Monday thanks to strong sales of smartphones and servers despite concerns of slowing demand due to rising inflation. Like other global manufacturers, the Taiwanese firm has grappled with a severe shortage of chips, which has hurt smartphone production including for its
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The Department of Telecom has warned e-commerce platforms against selling some telecom gears like wireless jammers and network boosters that require government permission for sale, an official statement said on Monday. The DoT has raised the issue several times in the last 4-5 years and even conducted raids to check illegal sales of these equipment.
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Cybersecurity experts say the California Department of Justice apparently failed to follow basic security procedures on its website, exposing the personal information of potentially hundreds of thousands of gun owners. The website was designed to only show general data about the number and location of concealed carry gun permits, broken down by year and county.
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The Delhi government plans to engage with various e-commerce firms and food delivery platforms, including Zomato, Swiggy, Amazon and Flipkart, for effective implementation of the ban on single-use plastic (SUP) items in the capital, officials said on Saturday. These firms have a huge business in Delhi and it has only increased after the Covid pandemic, they
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Smartphone sales globally have slipped below the 100-million mark in May 2022, according to Counterpoint Research’s Market Pulse Service. The research said that the global market sales of smartphones have dropped 4 percent month-on-month (MoM) and 10 percent year-on-year (YoY) in May this year, marking the second consecutive drop in MoM sales and 11th consecutive
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OpenSea, the largest non-fungible token (NFT) marketplace by trading volume, has suffered a data breach after an employee at the platform’s email delivery partner – Customer.io – leaked user data. In a blog post on Thursday, the marketplace said that an employee of Customer.io “misused their employee access to download and share email addresses –
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Singapore’s financial regulator has accused embattled crypto hedge fund Three Arrows Capital of exceeding its assets threshold and providing false information. Three Arrows Capital (3AC) is one of the highest profile investors hit by the sharp sell-off in crypto markets and is being liquidated, Reuters reported on Wednesday, citing a source familiar with the matter.
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