Establish

South Korean president Yoon Suk-yeol vowed on Wednesday to establish reserve forces for cyber warfare to better respond to growing cyber threats.Yoon made the remark during a ceremony marking the 11th Information Security Day, which was designated by law in 2012 to enhance the protection of personal information, Yonhap news agency reported."As the digital transformation accelerates, so too are cyber threats increasing," he said at Pangyo Techno Valley in Seongnam, just south of Seoul."Cyber attacks occur indiscriminately…

EV maker Omega Seiki Mobility is setting up a retrofit facility to convert internal combustion engine (ICE)-powered vehicles into electric vehicles near Chandigarh at an investment of USD 25 million, which is expected to be operational by the December quarter, the company's founder and chairman, Uday Narang, has said. Narang also said that as the financing remains a challenge for the EV customers, retrofitting these vehicles within the reach of those customers who want to move to such vehicles from ICE, particularly at a…

The United Arab Emirates-based company META4 has announced an investment of Rs 250 crore to set up an electric two-wheeler manufacturing plant in Telangana. The plant will help create nearly 500 direct and 2,000 indirect jobs in the state. The Telangana government will provide 15 acres of subsidised land in the national investment and manufacturing zone at Zaheerabad, the company said in a statement. The EV 2-Wheeler unit is expected to be ready by the end of FY 2022-23. “With this investment with the Telangana…

Nothing Phone 1 will be made in India, a company executive has said. Earlier, a tipster claimed that the phones have started being manufactured in Tamil Nadu, which the company has also confirmed. Although the phone will be manufactured in India, its battery is said to be imported from China. The UK brand, led by OnePlus co-founder Carl Pei, is set to launch its first smartphone on July 12, and the handset will be sold in India via Flipkart.Manu Sharma, who is Nothing India vice president and general manager, cited his…

Eleven days after being bitten by one of her pet prairie dogs, a 3-year-old girl in Wisconsin on 24 May 2003 became the first person outside of Africa to be diagnosed with monkeypox. Two months later, her parents and 69 other people in the United States had suspected or confirmed cases of this disease, which is caused by a relative of the much deadlier smallpox virus. The monkeypox virus is endemic in parts of Africa, and rodents imported from Ghana had apparently infected captive…

To reduce worries of money laundering, uncertainty in the skill gaming sector, the Centre is reportedly considering a proposal to create a regulator to stimulate investment and protect player interests. It is learnt that the industry is also in favour of such a move. According to a recent report, people familiar with the matter said while the government is considering possibilities for regulating such organisations, it is of the opinion that the task should not be entrusted to any financial sector regulator because the…