Apple admits slowing down iPhones, House Republicans demand answers

WASHINGTON: Four US House Republicans, including the chairman of the Energy and Commerce Committee, on Friday, wrote Apple Inc (AAPL.O) Chief Executive...

Indonesia central bank warns over cryptocurrencies

JAKARTA: After China’s complete ban and American Securities and Exchange Commission’s warnings regarding cryptocurrencies, Indonesia’s central bank has issued a fresh warning...

General Motors outlines plans to mass-produce autonomous car’s

DETROIT: General Motors says it is making the first mass-production autonomous car without a steering wheel or pedals. The company says it has...

Chinese bitcoin company eyes energy-rich Canada for mining

MONTREAL/SHANGHAI: China’s Bitmain Technologies is eyeing bitcoin mining sites in Quebec, a company spokesman said, as expectations of a potential Chinese crackdown...

MoneyGram’s shares rise 10.5 percent, forms partnership with Bitcoin rival

TEXAS: Shares of MoneyGram International Inc jumped 10.5 percent on Thursday, after the money-transfer company said it partnered with blockchain firm and...

“Spectre” patch slowing down old processors, servers: Microsoft

WASHINGTON: Microsoft Corp said on Tuesday that software patches released to guard against microchip security threats slowed down some personal computers and...

Businesses cautious in installing patches to fix chip flaw

NEW YORK: Chances that a fix to a major microchip security flaw may slow down or crash some computer systems are leading...

Intel shares fall as investors worry about costs of chip flaw

NEW YORK: Intel Corp shares fell nearly 2 per cent on Thursday as investors worried about the potential financial liability and reputational...

Merrill Lynch bans clients from investing in Silbert bitcoin fund

NEW YORK: Bank of America Merrill Lynch banned clients from investing in one of bitcoin mogul Barry Silbert’s top funds last month,...

Uber sued over payment for mobile ads it called fraudulent

LONDON: A British mobile advertising agency has sued Uber Technologies Inc to force the ride-hailing company to pay millions of dollars of...

How a researcher hacked his own computer and found ‘worst’ chip flaw

FRANKFURT: Daniel Gruss didn’t sleep much the night he hacked his own computer and exposed a flaw in most of the chips...

Apple battery replacement may mean 16 million fewer iPhones sold

CALIFORNIA: Apple Inc.’s offer to replace iPhone batteries cheaply may cut sales of new handsets by millions of units this year, according...

Google moved 16bn euros to Bermuda to avoid tax: Bloomberg

THE HAGUE: Google moved 15.9 billion euros to a Bermuda shell company in 2016, saving it billions of dollars in taxes that...

Pakistan’s first ever hackathon planned in Lahore

LAHORE: In the run-up to the Momentum Tech Conference to be held in the third of week of February in Karachi, Abacus...

Xiaomi seeks public listing, as Hong Kong eager for big tech IPOs in 2018

HONG KONG: Hong Kong bankers are eyeing a slew of blockbuster IPOs from Chinese technology firms with a total market capitalization of...