Tech News Hub: WEEKLY NEWS ROUNDUP
Welcome to another session of much anticipated Tech News Hub: Weekly News Roundup. This section summarises weekly publications in a single story for readers on the go.
A glance should give you good ideas on the latest happening regarding tech. Let’s dive into our first story at Tech News Hub: Weekly News Roundup.
Amazon Web Services (AWS) is spending about $2.36 billion (£1.8 billion) to develop two new cloud infrastructures in the UK. The UK remains a hub for global tech, and currently, the cloud giant is handling offshore business processes. The budget will build new infrastructure, skills, and training, expanding business resources in the UK. It will directly benefit AWS to capture more revenue and give proper cloud access in the region. On the flip side, Amazon is splitting its stocks at 20-for-1. Stockholders will receive additional 19 stocks in their account once the ruling is passed. Once a stock split takes place, investors can buy in at approximately $150 for each share rather than $3,225.
Up next at Tech News Hub: Weekly News Roundup described the latest ongoing in the cyber world. A researcher from InfoSec named Mr.d0x brought up matters about browser-in-the-browser (BitB) attacks. The process works with a popup window that tricks users with a requirement for signing in. our story unveils how BitB takes place and ways to prevent being a victim.
Our third story covered, “Equinix acquires four new data centres for $705 million as part of a global expansion project.” Equinix earns billions each quarter with its data centre and IT service business. The company is expanding by purchasing Entel, which has affordable offerings to benefit Equinix. After the acquisition, about 120 Entel employees and contractors will work for Equinix. Empresa Nacional De Telecomunicaciones S.A. (“ENTEL”) is a leading telecommunication provider from Chilie. After this acquisition, Equinix will conduct business in Latin America, Brazil, Colombia, Chile, Peru and Mexico. Read the full story to learn more.
A new EU law is forcing Apple to allow users to sideload applications. At the moment, sideloading is only supported in MacBooks. Android has this feature where users permit installing an application from third-party sources. Altmarket for Apple applications will allow users to source apps from outside the Apple ecosystem. Apple responded that “some provision of the DMA will create unnecessary privacy and security vulnerabilities for our users while others will prohibit us from charging for intellectual property in which we invest a great deal.” CEO Tim Cook said sideloading applications would “destroy the security of the iPhone.” While similar features exist on Android, it is not present on Apple devices. We may see some change in the coming days.
Our fifth story of the week comes from France’s OVHcloud antitrust complaint. OVHcloud filed a complaint with the European Commission’s antitrust arm. They said Microsoft Azure policy with their business suite applications such as Office 365 is trying to abuse the dominant market position. Even though AWS is the biggest cloud giant, Microsoft is the king for enterprise software solutions. Microsoft cutting down the cost for its in-house products with Azure is a hard slap to competitors. Check our full story to learn more on the matter.
Our last two stories are regarding the Russia Ukraine issue. The ongoing conflict is forcing sanctions against Russia. US and EU tech giants are lifting their business from Russia to follow sanctions. The devastation of the war had just started. Meanwhile, other countries are trying to follow proper procedures and help in the fight. Meta blocked their Facebook and Instagram service in Russia. Russian authorities threaten Alphabet Inc.’s Google and YouTube as they will follow sanctions. The Russian government is opposing “advertisement campaigns” and threatening YouTube to keep its service as it is. Russia also threatened to stop spreading misinformation and give Russian people proper access. As a replacement for Instagram, Russia built “Rossgram” with the support of tech entrepreneurs. But duplicating Google and YouTube’s services are not that easy.
Lastly, Russian antivirus software with over 400 million active users and 240,000 is on the FCC’s national defence threat list. The same list has Chinese telecom and equipment provider ZTE, Huawei and others. FCC chair Rosenworcel “proposed an inquiry into the vulnerabilities of the internet’s global routing system, in light of cyber threats stemming from the war.” In response, Kaspersky said they will “continue to assure its partners and customers on the quality and integrity of its products.”
Stay tuned for another session of Tech News Hub: Weekly News Roundup. For any queries, feel free to Contact Us.