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Category Archives: Tech

US has Recovered Ransom Payment Made After Pipeline Hack

WASHINGTON (AP) — The Justice Department has recovered the majority of a multimillion-dollar ransom payment to hackers after a cyberattack that caused the operator of the nation’s largest fuel pipeline to halt its operations last month, officials said Monday. The operation to recover the cryptocurrency from the Russia-based hacker group is believed to be the…

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Florida sued over law to ban social media content blocking

TALLAHASSEE, Fla. (AP) — Two groups representing online companies sued Florida on Thursday over a new law that seeks to punish large social media businesses like Facebook and Twitter if they remove content or ban politicians. Republican Gov. Ron DeSantis signed a bill Monday that will allow the state to fine large social media sites if they…

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AP EXPLAINER: What is Clubhouse, the Buzzy New Audio Chat App?

OAKLAND, Calif. (AP) – Clubhouse, an invitation-only audio chat app launched less than a year ago, has caught the attention of tech industry bigshots like Tesla CEO Elon Musk and Facebook CEO Mark Zuckerberg — not to mention the Chinese government, which has already blocked it in the country. What is Clubhouse, you ask?  …

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Data is King on Wall Street; 2 Providers Join in $44B Deal

NEW YORK, N.Y. (AP) — The value that Wall Street places on access to billions of bytes of data, rather than old-school stock picking, became abundantly clear Monday as two of the biggest providers of such information become one in the biggest takeover of the year. S&P Global announced that it would acquire IHS Markit,…

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Samsung Wins $6.6 Billion Verizon Contract for 5G Network

Samsung Electronics Co. will develop 5G network infrastructure for Verizon Communications under a $6.65 billion deal announced Monday. The contract runs through 2025, according to a Samsung corporate filing. Samsung and Verizon have worked together before. In 2018, for example, Samsung technology was behind a 5G home service that Verizon offered to some customers in…

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