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Using the cloud as a platform for digital transformation

Digital transformation is the buzz phrase of the moment, with budgets and resources to match. Worldwide spending on digital transformation technologies – hardware, software, and services – hit $1.3 trillion in 2017, according to IDC. The tech research company expects spending to almost double between now and 2021, when the total amount spent on digitalisation globally will surpass $2.1 trillion…. Read more →

Tether sets fire to 500 million USDT cryptocurrency coins

Tether has announced the destruction of 500 million Tether coins (USDT). The cryptocurrency issuer said this week that “Tether has redeemed a significant amount of USDT from the circulating supply of tokens.” “In line with this, Tether will destroy 500m USDT from the Tether treasury wallet and will leave the remaining USDT (approx 466m) in the wallet as a preparatory… Read more →

Reliance is betting that it, and not Walmart, will be Amazon’s arch-rival in India

(Image: Getty Images/iStockphoto) The buildup to Diwali, the Indian festival of light that takes place in November this year, is already under way, and nothing signals this event as decisively as the frenzied bouts of shopping taking place across India. In the online world, the ritual is enacted with great fanfare in a fierce competition between the two reigning kings… Read more →

Reliance is betting that it, and not Walmart, will be Amazon’s arch-rival in India

(Image: Getty Images/iStockphoto) The buildup to Diwali, the Indian festival of light that takes place in November this year, is already under way, and nothing signals this event as decisively as the frenzied bouts of shopping taking place across India. In the online world, the ritual is enacted with great fanfare in a fierce competition between the two reigning kings… Read more →

Comroads launches first community for sharing dash cam footage

Traffic accidents occur quickly and often the driver responsible for causing the crash leaves the scene of the incident before proper information can be exchanged. While a single dash cam can help catch some of the details, one dash cam is often not enough to provide a full picture of what happened. Tel Aviv, Israel-based social network platform company Comroads… Read more →

New security flaw impacts most Linux and BSD distros

Linux and BSD variants that employ the popular X.Org Server package –almost all do– are vulnerable to a new vulnerability disclosed on Thursday. The vulnerability allows an attacker with limited access to a system, either via a terminal or SSH session, to elevate privileges and gain root access. It can’t be used to break into secure computers, but it is… Read more →

Most consumers have cyber security concerns, but a fraction take action

Since recent security breaches across major platforms like Facebook, have you updated your privacy settings on your social media platforms? If you have not, you are not alone. Almost half of consumers (46 percent) have done nothing to adjust their privacy settings on social media, and less than half (45 percent) have checked to see if their data has been… Read more →

Generation Why Wait: Millennials spend more to wait less

The global “Me Culture” phenomenon has found that consumer patience is wearing thin, and US adults, particularly millennials, are willing to pay up to 40 percent over regular prices to speed along their services and experiences. Santa Clara, C.A.-based cloud database company Datastax recently released a survey showing just how much we are prepared to pay for our instant gratification…. Read more →

China tells Trump to switch to Huawei after NYT iPhone tapping report

A spokeswoman for the China Foreign Ministry has suggested President Trump switch to a Huawei phone after the New York Times reported that Chinese and Russian spies are most likely tapping the US President’s iPhones. “Seeing this report, I feel there are those in America who are working all-out to win the Oscar for best screenplay,” said Chinese foreign ministry… Read more →

​Western Digital: Flash price declines hamper strong Q1

Western Digital saw strong first quarter demand from its enterprise and surveillance hard drives, but gains were offset by falling flash memory prices. The company met expectations with non-GAAP first quarter earnings of $3.04 a share, but revenue of $5 billion was off the estimate of $5.14 billion. The company reported net income of $511 million, or $1.71 a share…. Read more →