US puts sanctions on N.Korea hacking groups behind major thefts

[ad_1] The US Treasury on Friday placed sanctions on three North Korea government-sponsored hacking operations which it said were behind the theft of possibly hundreds of millions of dollars and destructive cyber-attacks on infrastructure. The Treasury said the three groups—dubbed Lazarus Group, Bluenoroff and Andariel—were behind major thefts from financial institutions and cryptocurrency exchanges, as […]

US sanctions on Huawei bite, but who gets hurt?

[ad_1] Huawei’s founder Ren Zhengfei, reacts during an interview at the Huawei campus in Shenzhen in Southern China’s Guangdong province on Tuesday, Aug. 20, 2019. Ren said he expects no relief from U.S. export curbs due to the political climate in Washington but expresses confidence the company will thrive with its own technology. (AP Photo/Ng […]

Huawei expects no relief from US sanctions but is confident

[ad_1] Huawei’s founder Ren Zhengfei, reacts during an interview at the Huawei campus in Shenzhen in Southern China’s Guangdong province on Tuesday, Aug. 20, 2019. Ren said he expects no relief from U.S. export curbs due to the political climate in Washington but expresses confidence the company will thrive with its own technology. (AP Photo/Ng […]

Huawei still number two smartphone seller despite US sanctions

[ad_1] Chinese tech giant Huawei managed to increase smartphone sales in the second quarter but the impact of US sanctions could hit the company in the coming months Huawei remained the number two global smartphone vendor in the past quarter despite tough US sanctions imposed on the Chinese technology giant, market trackers said Wednesday. The […]