As Zoom approaches the end of its self-imposed 90-day period to establish a comprehensive privacy and security policy, the company announced Wednesday that it has hired a Salesforce chief security officer. Jason Lee, who has spent almost three years as senior vice president of security operations at Salesforce, joins Zoom …
Read More »Former Wirecard CEO Markus Braun released on $ 5.6 million bail
Former Wirecard CEO Markus Braun was released on bail after his arrest in connection with the payment company’s $ 2.1 billion accounting scandal, according to reports. Braun, 50, posted his bail of 5 million euros ($ 5.6 million) on Tuesday, a day after he was handed over to German prosecutors …
Read More »Trump administration says Huawei and Hikvision are backed by the Chinese military
Flags with the Huawei logo. FRED DUFOUR | AFP via Getty Images The Trump administration has determined that major Chinese companies, including telecommunications equipment giant Huawei Technologies and video surveillance company Hikvision, are owned or controlled by the Chinese military, laying the groundwork for new U.S. financial sanctions. Washington placed …
Read More »Awaken America’s trade has worsened
After witnessing a brutal Wall Street sell-off on Wednesday, CNBC’s Jim Cramer is still recommending investors to narrow their positions and wait for more attractive prices before putting more money on the market. “Awaken America’s trade has worsened,” he said. As coronavirus infections re-emerge in some parts of the country, …
Read More »Qantas Slashes 6,000 Jobs, Aims to Raise $ 1.3 Billion
The cuts announced Thursday represent 20% of Qantas’ total workforce of 29,000 people, according to the company. They will primarily affect the airline’s corporate, ground and flight personnel, while another 15,000 workers will remain without permission “until the flight returns,” he added. Jetstar, the company’s budget carrier, will also be …
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