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Global IT Outage Causes Chaos: Businesses And Services Grapple With Widespread Disruption

Global IT Outage Causes Chaos Businesses And Services Grapple With Widespread Disruption

Businesses and services around the world are slowly recovering after a massive IT outage affected computer systems for hours on Thursday and Friday. Banks, hospitals, airlines, and other industries were among the worst-hit after cybersecurity firm Crowdstrike issued a faulty software update, disrupting Microsoft Windows. Amidst the chaos, Crowdstrike’s CEO issued an apology for the disruption, assuring that a fix ...

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Cybersecurity Shakeup: US Bans Kaspersky Antivirus Over National Security Concerns

U.S. Bans Kaspersky Antivirus Over National Security Concerns

In a move to bolster national security, the Biden administration has banned Russia-based cybersecurity firm Kaspersky from providing its popular antivirus products in the United States. The U.S. Commerce Department cited “national security concerns” and the “Russian government’s offensive cyber capabilities” as the driving factors behind this decision. The Commerce Department’s announcement stated that Kaspersky will no longer be able ...

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AI For Faster Decision-Making In Trading

AI For Faster Decision-Making In Trading

In recent years, the world of trading has been revolutionized by the introduction of Artificial Intelligence ( AI) . This powerful technology has automated and enhanced various aspects of the trading process, leading to faster decision-making and improved efficiency. Understanding the role of AI in trading is crucial for investors and financial professionals looking to stay ahead in today’s fast-paced ...

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Chinese Manufacturer, Benton Technologies Invests Shs100bn In Uganda For Groundbreaking School Laptop Assembly Plant

Chinese Manufacturer, Benton Technologies Invests Shs100bn in Uganda For Groundbreaking School Laptop Assembly Plant

In a remarkable partnership that holds great promise for Uganda’s education sector, Benton Technologies Company, a renowned manufacturer of laptops, tablets, and educational software in Shenzhen, China, has committed a staggering investment of $30 million (equivalent to Shs113 billion) to establish a state-of-the-art assembly and production plant. This facility will have the capacity to manufacture one million laptops and tablets ...

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ByteDance Says It Has No Intention To Sell TikTok In The US

ByteDance Says It Has No Intention To Sell TikTok In The US

In a recent statement issued by the Chinese parent company of TikTok, ByteDance, they have categorically denied any plans to sell the popular video-sharing app. This announcement comes amidst growing speculation and concerns over the future of the platform, particularly in the United States. ByteDance’s statement aims to reassure TikTok users and stakeholders that the app will continue to operate ...

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