Australia ups scrutiny of Medibank following the recent data breach
Key points: The Australian Prudential Regulation Authority (APRA) has announced that it has increased the supervision of private health insurer Medibank.Ā This news comes soon after a lethal cyberattack on Medibank that has stolen the personal information of around 9.7 million customers in Australia.Ā Upon...
Missed Out on Black Friday? Tempting Cyber Monday Deals You Can’t Miss
Donā€™t we all love the holiday season, especially Thanksgiving? With kids running around trick-or-treating people, the older population loves to indulge in Black Friday shopping to grab their favourite products at discounted rates. If you have missed out on this yearā€™s Black Friday deals, there...
Binance’s $1 Billion Infusion: Reviving the Crypto Industry Post-FTX Collapse
Key Points: Binance will pump $1 billion into a crypto recovery fund after the recent FTX collapse.Ā The crypto exchange has said that the amount could change to $2 billion in the future if required.Ā Investors have been concerned about a crypto contagion spreading to...
Amazon Shuts Down Ed-Tech Platform Amazon Academy in IndiaShuts Down Ed-Tech Platform Amazon Academy in India
Key Points: Amazon has drawn the curtains over its online educational services in India.Ā The tech giant will leave Indiaā€™s crowded Edtech market in 2022 to cut down costs.Ā The company will discontinue operations for its Amazon Academy – an online platform launched for high...
Amazon’s $1 Billion Movie Venture: Revolutionizing Cinema
Key points: Tech heavyweight Amazon will invest $1 billion in releasing movies in cinemas each year.Ā The value of cinema stocks has increased exponentially after this news broke out. The movie theatre industry has struggled to reach the pre-pandemic levels in terms of business due...
Top 5 Tech Deals You Can’t Miss This Black Friday
If you live in the U.S. or have been in the country during thanksgiving, you very well know the importance of Black Friday shopping. Shoppers from across the U.S. flock in large numbers to get their hands on the best deals. Did you know that...
Tech in FIFA 2022 World Cup – whatā€™s new?
Introduction The FIFA 2022 World Cup kicked off yesterday in Qatar. While many will remain glued to their television screens throughout the world, some tech enthusiasts are on the prowl to find out what technology is being used in this grand sporting event held in...
FTX in Deep Waters: Owes Billions to Top Creditors
Key points: According to court documents, FTX owes $3.1 billion to at least 50 creditors. The crypto exchange filed for bankruptcy earlier this month after it collapsed. The court filing has not listed the names of creditors in the court filing.Ā Documents from a recent...
Convicted! Elizabeth Holmes receives over 11-year prison sentence for Theranos fraud
Key Points: Elizabeth Holmes, the brain behind the infamous blood-testing startup Theranos has received over 11 years of prison sentence. Once hailed as Silicon Valleyā€™s wonder kid, Holmes is guilty of defrauding investors. The court issued an order to start her sentence on April 27,...
Everything You Need to Know About New YouTube Shorts Features
Key Points: YouTube is set to roll out many new shopping features to YouTube Shorts. The Alphabet-owned platform is also experimenting with features that are likely to streamline affiliate marketingĀ Thanks to the new licensing deals, creators can now include 60 seconds of sounds or...
