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‘I don’t use computers,’ says Japan’s deputy chief of…cybersecurity

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A Japanese top official in charge of cybersecurity has baffled the public after saying he doesn’t use a computer. He was also confused by a question over whether USB drives are used in nuclear facilities. Japan is a country one might associate with tech enthusiasts and people familiar with the latest developments in computer technologies. Read More

Cisco beats as network gear demand rises, new bets pay off

1 day ago DieselGasoil Comments Off on Cisco beats as network gear demand rises, new bets pay off
(Reuters) – Cisco Systems Inc beat analysts’ estimates for quarterly revenue and profit on Wednesday, as the network gear maker benefited from demand for its routers and switches and growth in its newer focus areas such as software. FILE PHOTO: A logo of Cisco is seen during the Mobile World Congress in Barcelona, Spain February Read More

Bain Capital Ventures closes $1 billion fund amid venture fund-raising frenzy

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SAN FRANCISCO (Reuters) – Bain Capital Ventures, the venture capital division of the eponymous Boston-based investment firm, said it has raised a new $1 billion fund to invest in startups, adding to a year of big-dollar fund-raising by tech investors. Enrique Salem, managing director at Bain Capital Ventures, in San Francisco, California, U.S., is shown Read More

Steam bug allowed unlimited free downloads

3 days ago DieselGasoil Comments Off on Steam bug allowed unlimited free downloads
A man has been given $20,000 (£15,500) for discovering a bug in the Steam video games store that let people download any game for free. Security researcher Artem Moskowsky found a flaw in Steam’s portal for games developers that let anybody generate licence keys without paying. Millions of people use Steam to buy and download Read More

German officials sound China alarm as 5G auctions loom

3 days ago DieselGasoil Comments Off on German officials sound China alarm as 5G auctions loom
BERLIN (Reuters) – Senior German officials are planning a last-ditch drive to convince the government to consider excluding Chinese firms such as Huawei from building the country’s 5G infrastructure amid concerns this could compromise national security. FILE PHOTO: Journalists follow the presentation of a Huawei smartphone ahead of the IFA Electronics show in Berlin, Germany, Read More

RigNet Introduces Enhanced Cyber Services for Energy

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HOUSTON, Nov. 13, 2018 (GLOBE NEWSWIRE) — RigNet, Inc. (NASDAQ: RNET), a global leader in customized communications services, today introduced its Enhanced Cyber Services (ECS); the first offering is tailored to improve data and system security for energy companies by providing real-time threat detection, network visualization, and advanced investigative capabilities. RigNet’s ECS will enable customers Read More

E-commerce behemoth Alibaba smashes ‘Singles Day’ records with $1bn in sales in just 85 seconds

4 days ago DieselGasoil Comments Off on E-commerce behemoth Alibaba smashes ‘Singles Day’ records with $1bn in sales in just 85 seconds
Chinese e-commerce giant Alibaba has smashed records for its Singles Day, the world’s biggest 24-hour shopping event, despite an ongoing trade war with the US and waning domestic interest in the event. The 2018 edition of the 11/11 Singles Day brought in a record $30.8 billion (213.5 billion yuan, renminbi), beating Amazon’s Prime Day, as Read More

Chinese headmaster fired over secret coin mining at school

5 days ago DieselGasoil Comments Off on Chinese headmaster fired over secret coin mining at school
A Chinese headmaster has been fired after a secret stack of crypto-currency mining machines was found connected to his school’s electricity supply. Teachers at the school in Hunan became suspicious of a whirring noise that continued day and night, local media report. This led to the discovery of the machines, which were mining the crypto-currency Read More