The Amazon founder Jeff Bezos’ net worth broke $150 billion on Monday morning, according to the Bloomberg Billionaires Index, making him the “richest man in modern history.”
Russia blocked 25M cyber-attacks during the World Cup: Putin
Russia became the target of nearly 25 million cyber-attacks during the FIFA World Cup tournament, according to President Vladimir Putin.
Facial recognition tech poses “human rights risks”: Microsoft president
Microsoft called for government regulation of facial recognition technology and for laws governing its acceptable uses.
Social media firms to testify at US House hearing
The US House Judiciary Committee will hold a hearing on Tuesday to take testimony from Facebook Inc, Alphabet Inc’s YouTube …
Space ride on Jeff Bezos’ rocket might cost over $200,000
Amazon’s Jeff Bezos is thinking of charging passengers on his rocket company Blue Origin about $200,000 to $300,000 for its …
Softbank raises stake in Yahoo Japan
SoftBank Group is increasing its stake in Yahoo Japan through a $2 billion, three-way deal with US firm Altaba.
Elon Musk is creating a “kid-size submarine” to free boys from Thai cave
Tech billionaire Elon Musk has shared photos and videos of a metallic pod that his company SpaceX is creating, in a bid to rescue the group of boys trapped in a Thai cave.
Global hotel chain turns to AI to redefine guest experiences
InterContinental Hotels and Resorts has introduced a next generation of intelligent technology to redefine customer hotel experience in China.
Move over Warren Buffett: Facebook’s Zuckerberg now world’s third richest person
Facebook CEO Mark Zuckerberg has overtaken Warren Buffett as the world’s third-richest person, further solidifying technology as the most robust creator of wealth, Bloomberg reported.
LG bets big on robotics startups
LG Electronics has invested $3 million in US-based Bossa Nova Robotics — marking the first time the company has injected funds into an overseas robot developer.
China-backed fund brings new opportunities to Middle East tech firms
London-based investment firm Centricus has partnered with Chinese firms China Merchants Group and SPF Group to launch a $15 billion fund aimed at technology companies globally.
Facebook data misuse investigation broadens: report
The federal probe into Facebook’s data breach incident with political consultancy Cambridge Analytica has broadened focus on the actions and statements of the tech giant.
MENA projects shortlisted for global future cities competition
The Royal Institution of Chartered Surveyors (RICS), in partnership with the United Kingdom National Commission for UNESCO, has announced the shortlist for the Cities for our Future competition.
Sluggish Apple Maps set for major overhaul to challenge Google
During WWDC earlier this month, there was one app that was conspicuously missing from the iOS 12 demo: Maps. Instead of adding …