A naukri.com initiative
Technology News
The Register
2d
371
Image Credit: The Register
French cops cuff Russian pro basketball player on ransomware charges
- Russian basketball player Daniil Kasatkin has been arrested in France on charges of being a negotiator for a ransomware gang and is currently held for extradition to the US.
- Kasatkin is accused of involvement with a ransomware gang that targeted around 900 organizations, including two US federal agencies between 2020 and 2022.
- His lawyers claim that he is innocent, stating he is not skilled with computers and was potentially framed due to a second-hand computer purchase. They also argue that he has a strong alibi.
- The US has not provided any evidence of crimes by Kasatkin yet, and his lawyers are expressing concerns over the impact on his basketball career due to his arrest.
Read Full Article
22 Likes
Coinpedia
2d
54
Image Credit: Coinpedia
Crypto Liquidations Top $1 Billion as Bitcoin Hits New All-Time High
- Over $1 billion in crypto short positions were liquidated in the past 24 hours, with the majority coming from traders betting against Bitcoin as the market rallied.
- The liquidations were primarily seen in Bitcoin and Ethereum futures, totaling $590 million and $241 million in losses, respectively.
- Bitcoin touched a new all-time high above $118,000 fueled by ETF inflows, while altcoins like Ethereum, XRP, DOGE, and Solana also saw gains on increased market optimism.
- The crypto market is affected by factors such as rising Bitcoin ETF demand, anticipation of potential rate cuts, and a shift towards altcoins following Bitcoin's surge.
Read Full Article
3 Likes
Coinpedia
2d
97
Image Credit: Coinpedia
Ripple’s RLUSD Pilot Offers New Hope for Drought-Hit Pastoralists in Kenya
- Ripple's successful collaboration with the Diva Campaign in Kenya utilized the RLUSD stablecoin for drought insurance, impacting 517 pastoralists, with a focus on gender inclusion.
- Satellite data was used to monitor vegetation health during the pilot, preventing the need for payouts due to favorable conditions, offering risk protection for pastoralists.
- The Ripple pilot in Kenya showcased the potential of blockchain technology in providing financial resilience during natural disasters, protecting pastoralists ahead of the drought season.
- The initiative demonstrated the effectiveness of digital assets and satellite technology in offering sustainable drought insurance solutions for high-risk communities in Kenya, with potential for broader adoption in other climate vulnerable regions.
Read Full Article
5 Likes
Insider
2d
203
Image Credit: Insider
Why Goldman Sachs thinks Trump's tariffs may not be that bad for Asian markets
- Goldman Sachs analysts believe that Trump's tariffs may not be as damaging to Asian markets as initially feared.
- While tariffs could impact markets, having clear information about them could reduce the negative sentiment among investors.
- North Asian markets like Taiwan, South Korea, and Japan face higher exposure to the tariffs, while Southeast Asian markets are less affected.
- Goldman Sachs suggests that a stable and predictable tariff regime could improve investor risk appetite, but downside risks still exist.
Read Full Article
12 Likes
Discover more
Gsmarena
2d
77
Image Credit: Gsmarena
HMD scales back its US operations
- HMD, the official licensee of Nokia-branded phones, is scaling back its US operations.
- The decision is attributed to the challenging geopolitical and economic environment in the United States, potentially linked to tariffs.
- Despite the reduction in US operations, HMD assures customers of honoring warranties and providing support through global teams.
- The company remains committed to long-term growth and supporting impacted US colleagues during the transition.
Read Full Article
3 Likes
Medium
2d
50
Image Credit: Medium
Subnautica 2 pushed back to 2026, but the drama doesn’t end there
- The release of Subnautica 2 has been delayed until 2026 to allow the development team more time to incorporate feedback and enhance the overall game experience.
- Krafton stated that the decision to postpone the game was solely aimed at improving its quality and not influenced by financial motives.
- A dispute arose between Krafton and three former leadership members of Unknown Worlds over bonus money allocated for demonstrating leadership and active involvement in the development of Subnautica 2.
- The trio accused by Krafton of abandoning the game development denied the accusations, and they have filed a lawsuit against Krafton, leading to a potentially prolonged legal battle.
Read Full Article
3 Likes
Hackernoon
2d
285
Image Credit: Hackernoon
The TechBeat: 5 Data Breaches That Ended in Disaster (and Lessons Learned) (7/11/2025)
- Explore 5 major data breaches leading to company shutdowns, learning backup, security, and recovery.
- Lessons in data security from incidents to safeguard businesses against breaches effectively.
- Importance of backup, security, and disaster recovery strategies in data protection emphasized.
Read Full Article
17 Likes
Insider
2d
375
Image Credit: Insider
'Superman' is silly, heartfelt, and shows the new DC Universe can easily rival Marvel
- "Superman" is the first film of the rebooted DC Universe, directed by James Gunn, and shows potential to compete with Marvel by avoiding Superman's over-told origin story.
- The movie is fun and full of heart, focusing on Superman's attempts to understand a tech billionaire villain, Lex Luthor, raising the stakes and making the character more interesting.
- The film explores themes such as authoritarianism, ethically questionable billionaires, and Superman as a cosmic refugee, reflecting hope and human stories in a colorful superhero setting.
- While the film has some silly and messy moments, it embraces the wonderfully weird elements of the character's history, showcasing heart and comic book craziness.
Read Full Article
22 Likes
Insider
2d
97
Image Credit: Insider
Jeans brand Levi's is up 8% on strong earnings — despite a profit hit from tariffs
- Levi's reported a strong second-quarter performance with a 6% increase in net revenues compared to the previous year, particularly driven by a 14% increase in net sales in Europe.
- The stock price of Levi's surged about 6% in after-hours trading following the positive earnings report.
- Despite the strong performance, Levi's anticipates a profit impact of up to $30 million this year due to tariffs implemented by President Trump.
- The CEO of Levi's, Michelle Gass, mentioned that the company's exposure to China is minimal and that they are employing various strategies to mitigate the effects of tariffs.
Read Full Article
5 Likes
TronWeekly
2d
106
Image Credit: TronWeekly
Litecoin (LTC) Transaction Size Hits $50K: What It Means for the $100 Price Target
- Litecoin's average transaction value has surged from $3K to $50K in 2024, reflecting increased participation from bigger players or institutions.
- LTC price has risen over 7% this week, supported by strong volume and open interest.
- Technical signals for Litecoin remain bullish as indicators align above key resistance levels.
- Litecoin's price is aiming for the $100 mark as it sees positive momentum and strong support from on-chain metrics.
Read Full Article
5 Likes
CarExpert
2d
113
Image Credit: CarExpert
Tesla arch-rival Polestar achieves sales record
- Polestar achieves 51% increase in global sales, setting record highs in 2025.
- Australian sales up by 23% in H1, driven by new SUV introductions.
- Polestar on track for a record year, aiming for continued growth in sales.
Read Full Article
6 Likes
Coinpedia
2d
137
Image Credit: Coinpedia
Why is Crypto Going Up Today ?
- Bitcoin spot ETFs saw $1.17 billion in net inflows, led by BlackRock and Fidelity, indicating strong institutional interest in the crypto market.
- Over $5 billion in BTC and ETH options are set to expire, with balanced market sentiment reflected in the Put/Call Ratios and max pain points.
- Ethereum price surpasses $3,000 as BlackRock acquires over 108,000 ETH, signaling institutional confidence in Ethereum.
- Bitcoin reaches a new all-time high above $118,000 driven by institutional demand, spot ETF inflows, and increasing adoption by companies and governments.
Read Full Article
8 Likes
Inc42
2d
274
Image Credit: Inc42
ONDC Plans Fresh Subsidy Push To Tap Food Delivery Customers: Report
- The ONDC is planning to provide subsidies of INR 100-150 Cr to food delivery companies on its network to boost orders for restaurants.
- The incentives, expected to result in 80-100 Mn additional orders, are being finalized after discussions with representatives of ONDC, restaurants, and delivery firms.
- The move will enable firms like Magicpin, Paytm, Ola Consumer, and Waayu to offer discounts using these subsidies.
- This initiative comes after ONDC previously reduced incentives for network participants to prevent dominance by a few large players and aims to empower small merchants to compete with major e-commerce platforms.
Read Full Article
16 Likes
Medium
2d
215
Image Credit: Medium
ModRetro Chromatic is now permanently available
- The ModRetro Chromatic is now permanently available in two options, the Gorilla option priced at $199.99 and the Sapphire option at $299.99.
- The Sapphire option, which is more expensive, utilizes a material not commonly used for displays, potentially contributing to the higher price along with ongoing tariff situations.
- The rest of the Chromatic features remain the same, including a magnesium alloy case and pixel-perfect IPS display.
- While the device is associated with Palmer Luckey, known for Oculus Rift and controversial ties, it remains available for purchase, offering a good handheld option amidst other alternatives in the market.
Read Full Article
12 Likes
HinduBusinessLine
2d
575
Image Credit: HinduBusinessLine
Kakinada SEZ to invest ₹1,310 crore to set up desalination plant in Andhra Pradesh
- Kakinada SEZ plans to invest ₹1,310 crore to establish a desalination plant in Andhra Pradesh, with approval from an Expert Appraisal Committee.
- The desalination plant will have seawater intake pipelines drawing 380 MLD, distributing product water to industries and port through pipelines, and an outfall pipeline for brine rejects into the sea.
- Conditions for Coastal Regulation Zone clearance include developing a prototype for brine discharge reuse, funding for research, and earmarking ₹10 crore for environmental measures.
- The project aims to reduce freshwater load in neighboring areas by using desalination water and minimizing groundwater extraction, with any project scope changes requiring fresh appraisal.
Read Full Article
11 Likes
For uninterrupted reading, download the app