Tech

USA Imposes Further Sanctions On DJI

US citizens are now banned from buying and selling shares in the company after the US Treasury department added DJI to an investment exclusion list.

However, as DJI is not a publicly-traded company the ban is being seen as largely symbolic. DJI’s drone technology has allegedly been used for surveillance of Uighur Muslims in Western China.

Big Short’ investor: Musk wants to sell Tesla stock over falling shares

That’s the contention of Michael Burry — the investor made famous in “The Big Short” for his financial crisis housing bets. In a now-deleted tweet, he suggested Musk is selling Tesla shares to cash out of his position as the stock plummets

The Silicon Valley tech behind the Rio Olympics

Tech companies big and small are helping power the Olympic games this year from athletic apparel to health to payment solutions. Some are even hoping to advance the Rio area beyond just the two weeks of the games.

The Olympic games officially kick off on Friday and will run for two weeks. There are probably more Silicon Valley companies involved in the Rio Games than mentioned below, but these are the most notable ones.

 

Tech giants to stream content while training businesses to do so locally.

Gloom and hope for the future in UK tech

And the message from a survey carried out by Tech City UK is pretty gloomy - though the organisation itself sees some reasons for optimism.

Tech City UK got responses from more than 1,200 members of the tech community. Questioned in the immediate aftermath of the referendum, 74% of them said they thought the economy would get worse, not better.

Hunt for Deep Panda intensifies in trenches of U.S.-China cyberwar

 PinkPanther, KungFu Kittens, Group 72 and, most famously, Deep Panda. But to Jared Myers and colleagues at cybersecurity company RSA, it is called Shell Crew, and Myers' team is one of the few who has watched it mid-assault — and eventually repulsed it.

Myers' account of a months-long battle with the group illustrates the challenges governments and companies face in defending against hackers that researchers believe are linked to the Chinese government - a charge Beijing denies.