North Korean IT Workers Are Infiltrating Tech Companies

Plus: The Conti ransomware gang shuts down, Canada bans Huawei and ZTE, and more of the week’s top security news. Powered by...

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Sony Announces Metaverse Push in Latest Annual Corporate Strategy Meeting
May22

Sony Announces Metaverse Push in Latest Annual Corporate Strategy Meeting

Sony, the global electronics giant, has announced it will take a more focused approach when it comes to metaverse experiences as part of its entertainment strategy. The company that owns the Playstation brand revealed that prior investments in Epic, makers of the Fortnite game, and Bungie, another gaming studio, are part of this new push. Sony to Take Metaverse Seriously Gaming and entertainment brands are now trying to integrate...

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Singapore High Court Injunction Blocks Sale or Transfer of BAYC #2162 NFT
May22

Singapore High Court Injunction Blocks Sale or Transfer of BAYC #2162 NFT

The Singapore High Court has granted a court injunction which stops or blocks the sale of a Bored Ape Yacht Club (BAYC) non-fungible token (NFT) that one man claims was wrongfully taken away from him. NFT Used as Collateral A Singapore man has won a court injunction that blocks the sale or potential transfer of a Bored Ape Yacht Club (BAYC) non-fungible token (NFT) that he claims to be rightfully his. According to a report, the NFT is...

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Report: BRICS Countries Told to Consider Countering the Dollar’s Global Hegemony
May22

Report: BRICS Countries Told to Consider Countering the Dollar’s Global Hegemony

Chinese experts have called on leaders of BRICS (Brazil, Russia, India, China and South Africa) countries to consider countering the dollar, whose global hegemony is thought to be abusive. Still, the experts concede that any attempt to diminish the dollar’s dominance will take time. BRICS Countries’ Dependence on the US-Dominated Global Financial System Chinese experts have urged BRICS countries, namely Brazil, Russia, India, China...

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Bill Gates: Crypto Has No Valuable Output — It’s Not Adding to Society Like Other Investments
May22

Bill Gates: Crypto Has No Valuable Output — It’s Not Adding to Society Like Other Investments

Microsoft co-founder Bill Gates has explained why he does not own any bitcoin or other cryptocurrencies. “I like investing in things that have valuable output,” Gates said, adding that crypto is “not adding to society like other investments.” Bill Gates on Crypto, and Why He Isn’t Investing Microsoft co-founder Bill Gates shared his opinion about bitcoin and cryptocurrencies in a Reddit AMA (Ask Me Anything) session Thursday. One of...

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