Telecom

Canada telecom execs summoned after wide service outage

The federal industry minister said Sunday he is summoning telecom executives following an outage at Rogers Communications Inc. that disrupted mobile and Internet services across Canada, hampering several crucial services.

Internet

Bitcoin ETFs: What are they and how to invest in them?

As the price of Bitcoin soared since first being introduced, investors have sought ways to get a piece of the cryptocurrency action. Financial firms have rushed to come up with products that feed investors' crypto appetite, ...

Business

What would be the impact of a US 'digital dollar'?

US President Joe Biden has ordered the federal government to look into creating a digital dollar, a move with the potential to reshape how money is moved and used around the world.

Security

US offers $10 mn bounty for DarkSide hackers

The United States announced a $10 million reward Thursday for help finding leaders of the high-profile ransomware gang DarkSide, authorities' latest try at combating spiking cyber-extortion attacks.

Security

US to curb hacking tool exports to Russia, China

US authorities unveiled Wednesday long-delayed new rules aimed at clamping down on export to nations like Russia and China of hacking technology amid a sharp uptick in cyberattacks globally.

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Financial institution

In financial economics, a financial institution is an institution that provides financial services for its clients or members. Probably the most important financial service provided by financial institutions is acting as financial intermediaries. Most financial institutions are highly regulated by government bodies. Broadly speaking, there are three major types of financial institution:

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