Facebook to shut down facial recognition technology and delete data on a billion people’s faces- Tempemail

Facebook will shut down its facial recognition system after it was the subject of huge numbers of privacy complaints. The site will no longer automatically recognise people when they are in photos and videos. That tool was marketed as helping tag people in photos that were uploaded, but also allowed Continue Reading

Saudi Aramco sees third-quarter income rise to $30.4 billion- Tempemail

The world’s largest oil company, Saudi Aramco reported $30.4 billion in third-quarter net income on Sunday, bolstered by a surge in oil prices and recovery in demand as the coronavirus pandemic eases. Saudi Arabia’s majority state-owned oil giant Aramco said its net income more than doubled from $11.8 billion during Continue Reading

Microsoft, Google to Invest $30 Billion in Cybersecurity Over Next 5 Years – Tempemail

Google and Microsoft said they are pledging to invest a total of $30 billion in cybersecurity advancements over the next five years, as the U.S. government partners with private sector companies to address threats facing the country in the wake of a string of sophisticated malicious cyber activity targeting critical Continue Reading

Russian Hydra DarkNet Market Made Over $1.3 Billion in 2020 – Tempemail

Russian-language dark web marketplace Hydra has emerged as a hotspot for illicit activities, pulling in a whopping $1.37 billion worth of cryptocurrencies in 2020, up from $9.4 million in 2016. The “blistering growth” in annual transaction volumes marks a staggering 624% year-over-year jump over a three-year period from 2018 to Continue Reading

New Spectre Flaws in Intel and AMD CPUs Affect Billion of Computers – Tempemail

When Spectre, a class of critical vulnerabilities impacting modern processors, was publicly revealed in January 2018, the researchers behind the discovery said, “As it is not easy to fix, it will haunt us for quite some time,” explaining the inspiration behind naming the speculative execution attacks. Indeed, it’s been more Continue Reading

3.2 Billion Leaked Passwords Contain 1.5 Million Records with Government Emails – Tempemail

A staggering number of 3.28 billion passwords linked to 2.18 billion unique email addresses were exposed in what’s one of the largest data dumps of breached usernames and passwords. In addition, the leak includes 1,502,909 passwords associated with email addresses from government domains across the world, with the U.S. government Continue Reading

U.S. Charges 3 North Korean Hackers Over $1.3 Billion Cryptocurrency Heist – Tempemail

The U.S. Department of Justice (DoJ) on Wednesday indicted three suspected North Korean hackers for allegedly conspiring to steal and extort over $1.3 billion in cash and cryptocurrencies from financial institutions and businesses. The three defendants — Jon Chang Hyok, Kim Il, and Park Jin Hyok — are said to Continue Reading

MTN to Sell R1,8 Billion Stake in Belgian Telco, BICS – Tempemail

Sourced from Business Tech MTN Group has announced its plans to sell its 20% stake in Belgacom International Carrier Services SA (BICS) to Proximus NV/SA for approximately R1,8 billion. The telco is expected to use this to pay down US dollar debt. BICS was classified as a non-current asset held Continue Reading

Bitcoin Surges to Record Price Post $1.5 Billion Telsa Investment – Tempemail

Bitcoin reached a new high of $47,000 after Tesla invested $1.5 billion into the cryptocurrency. The electric car manufacturer says that it will “begin accepting bitcoin as a form of payment” for its products in the future. In a report, Telsa says “in January 2021, we updated our investment policy Continue Reading

Teraco Secures R2.5 Billion to Build Africa’s Largest Data Centre – Tempemail

Teraco has secured R2.5 billion towards the construction of Africa’s largest data centre – a 38-megawatt hyperscale platform in Ekurhuleni, South Africa. Teraco’s newly appointed CFO, Samuel Erwin, says that the shareholders and lenders have a long-term vision for Africa’s digital transformation and support its continued investment in data centre Continue Reading