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Three of Apple top contract manufacturers plan to invest a total of almost $900 million (roughly Rs. 6,630 crores) in India in the next five years to tap into a new production-linked incentive plan, according to two sources familiar with the matter. Foxconn, Wistron, and Pegatron all plan to make investments under the scheme, said the sources,
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An Amazon finance manager has been accused of insider trading, along with her husband and father-in-law who collectively bought and sold Amazon shares based on non-public financial details it is said she leaked to her spouse. Collectively, the trio made $1.4m in profit from their little scam, America’s financial watchdog the SEC claimed on Monday.
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China must engage in a new “long march” in the technology sector now that the US has imposed export restrictions on Semiconductor Manufacturing, the country’s largest chip manufacturer, Chinese state-backed tabloid the Global Times wrote on Sunday. The unnamed author of an op-ed in the paper argues that the US’ dominance of the global semiconductor
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Apple is apparently so skint that it has had to resort to freebie versions of machine-based translation services for its Dutch legalese. Spotted by a Register reader browsing the small print behind the company’s services, the text “Vertaald met www.DeepL.com/Translator (gratis versie)” can be found lurking just above the “DEFINITIE VAN APPLE” section in the
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Russia has taken the unusual step of posting a proposal for a new information security collaboration with the United States of America, including a no-hack pact applied to electoral affairs. The document, titled “Statement by President of Russia Vladimir Putin on a comprehensive program of measures for restoring the Russia – US cooperation in the
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Epic Games will strive anew Monday to convince a judge that its hit title Fortnite should be restored to Apple’s App Store, despite sidestepping the tech titan’s standard commission on transactions. Apple does not allow users of its popular devices to download apps from anywhere but its App Store, and Epic is challenging its practice
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In brief The Los Angeles Police Department has run facial recognition algorithms a whopping 29,817 times over a decade in an attempt to identify suspected criminals captured in CCTV footage, despite promising it wouldn’t. Officers used software built by DataWorks Plus, the same biometrics company whose technology led to two wrongful arrests by the Detroit
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The United States has imposed restrictions on exports to China’s biggest chip maker SMIC after concluding there is an “unacceptable risk” equipment supplied to it could be used for military purposes. Suppliers of certain equipment to Semiconductor Manufacturing International Corporation will now have to apply for individual export licenses, according to a letter from the
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Three quarters of the orbital debris floating among satellites in geosynchronous orbits around Earth is not being tracked, an astronomical survey has revealed. The small bits of space junk identified by the study are often overlooked; they’re faint, small, and in a region that’s monitored less intensively than low-Earth orbit. As a result, scientists probing
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Amazon on Thursday announced a drone for recording security video inside homes and car products for alerting vehicle owners about attempted break-ins. The news reflects Amazon’s growing security business since its acquisition of smart doorbell maker Ring in 2018, an effort that’s drawn scrutiny from civil liberties advocates. It also represents Amazon’s latest push into
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