Daily Management Review
Science & Technology

Researchers See 'Wannacry' Link As Another Cyber Attack Sweeps Globe

A virus similar to the ransomware that infected more than 300,000 computers last month impacted computers at Russia's biggest oil company, Ukrainian banks and multinational firms in a major global cyber attack.   In recent times, hackers have been increasingly aggressive and have shown they...

AEON and IBM to create a blockchain platform

AEON financial company and technological giant IBM are developing a financial blockchain-oriented platform for the Asian market. Open source blockchain platform, based on Hyperledger Fabric code developed in partnership with IBM Japan, is designed to make financial services more accessible in a...

Toyota & Cartivator Are Building Flying Cars To Light Up The Olympic Flame Of 2020

Engineers are hoping to get SkyDrive ready for test drive by 2018. Toyota Motor Corp’s engineers gave a demonstration of “their flying car”, in the hope of using the same to “light up the Olympic flame” during the “Tokyo 2020” Summer Games’ opening ceremony. Supported by crowd-funding in the year...

Stock trading computers are not a future anymore

Decisions about investments are increasingly made not by a person, but by a computer. Now, quantum foundations - those in which investment decisions are made automatically on the basis of mathematical models - account for almost a third of all assets managed by hedge funds: $ 932 billion out of $...

Temper Technology With Humanity - Apple's Cook Tells MIT Graduates

Graduates at MIT, a pioneer in fields like computers and robots, were urged to infuse its development with their own values and warnings about technology's dehumanizing aspects were given by Apple CEO Tim Cook on Friday while speaking to the student in the institution.   "I’m not worried...

As Spying And Crime Tools Mix, Blame Game For Cyber Attacks Grows Murkier

On the face of it looked like a menacing new industrial espionage attack by Russian cyber spies and Veteran espionage researcher Jon DiMaggio was hot on its trail three months ago.   clues in the programming code indicating its authors were Russian speakers, covert communication channels for...

Retailers Could Transform The Market Scenario Into Smart Shopping Experience For The Consumers With The Cloud

Consumers’ demand of personalised shopping journey in a seamless fashion, whether in physical shops or in online platforms, could be realised with the cloud system. With a “constantly evolving” scenario of consumers’ needs, there should be “a connected, interactive shopping experience at all times”...

A Way To Unlock Wannacry Without Ransom Found By French Researchers

Racing against a deadline as the ransomware threatens to start locking up victims' computers first infected a week ago, French researchers said on Friday they had found a last-chance way for technicians to save Windows files encrypted by WannaCry.   Threatening to lock out victims who have...

China to introduce face recognition payment system

Payments using biometric technology of human face recognition will soon be launched in China. Ant Financial, a subsidiary of China's Alibaba, has become the first to introduce new technology, Sohu reported. "We have recently completed the pilot phase, and in the near future our development will...

Clues To Ransomware Worm's Lingering Risks Found By Security Experts

A survey for Reuters by security ratings firm BitSight found that Microsoft's Windows 7 operating system without the latest security updates were being run by two-thirds of those caught up in the past week's global ransomware attack.   Believing that identifying "patient zero" could help...
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