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TECH 18 Aug 2016 | 7:35 AM

Not so SWIFT: Bank messaging system slow to address weak points

More than a dozen current and former board directors and senior managers of SWIFT, the bank messaging system that helps transmit billions of dollars around the world every day, have said that the organisation for years suspected there were weaknesses in the way smaller banks used its messaging terminals – but did not address such vulnerabilities.

TECH 22 Jan 2016 | 2:38 AM

Australia's ASX invests in blockchain to simplify markets

Markets operator ASX Ltd said it has made a minority investment in U.S.-based Digital Asset Holdings to develop distributed ledger technology, or blockchain, to potentially simplify Australia’s post-trade equity market.

TECH 03 Dec 2015 | 7:00 AM

Zuckerberg philanthropy effort tests uncharted waters

Following the stunning news of their US$45bil (RM190.71bil) philanthropy initiative, Facebook founder Mark Zuckerberg and his wife face the challenging task of ensuring the staggering sum is put to good use.

TECH 23 Nov 2015 | 11:04 AM

Starboard asks Yahoo to sell core business instead of Alibaba stake

Activist investor Starboard Value LP asked Yahoo Inc to drop plans to spin off its stake in Alibaba Group Holdings Ltd due to tax concerns, and instead urged the company to sell its core search and display advertising businesses.

TECH 11 Nov 2015 | 2:23 PM

NY banking regulator unveils details on planned cybersecurity rules

New York State's financial services regulator unveiled details about potential new cyber security regulations for banks and insurance companies under its jurisdiction.

TECH 27 May 2015 | 3:00 PM

Ethics of human genome editing needs further review: White House

The White House said the ethical issues associated with gene-editing on the human genome need further study by the scientific community and should not be pursued until issues are resolved.

TECH 19 May 2015 | 5:00 PM

US science leaders to tackle ethics of gene-editing technology

The leading US scientific organisation, responding to concerns expressed by scientists and ethicists, has launched an ambitious initiative to recommend guidelines for new genetic technology that has the potential to create "designer babies."

TECH 09 Apr 2015 | 11:37 AM

AT&T to pay US$25mil penalty for call centre data breaches

AT&T will pay a US$25mil (RM90.61mil) fine for “lax security” at overseas call centres where employees stole personal data for mobile phone traffickers, US regulators said.

Technology 16 Dec 2014 | 12:20 PM

BT opts for EE over O2 for £12.5bil UK mobile deal

BT has entered exclusive talks with the owners of EE for a potential £12.5bil (RM68.27bil) acquisition deal to give the former UK state telecoms firm the top position in mobile as well as fixed line broadband services.

TECH 12 Dec 2014 | 2:50 PM

Police body cameras carry risks without firm rules

Civil rights activists and some police chiefs are warning that the Obama administration's proposal to help local police departments buy 50,000 body cameras must come with firm rules on how to use the equipment.