Business

US senators call for security probe of TikTok

Two senior US senators called for the government to study national security risks possibly posed by Chinese-owned video app TikTok, saying it could leave American users vulnerable to Beijing's spying.

Business

Huawei promises 'Made in Europe' 5G for EU

Chinese telecom giant Huawei said on Tuesday it would set up manufacturing hubs in Europe, as it tries to fight off US pressure on EU nations to stop it from operating.

Business

Bankman-Fried takes stand, says he made 'small mistakes'

Sam Bankman-Fried, founder of the collapsed cryptocurrency exchange FTX, took the stand at his trial on Friday and said that while he may have made mistakes, he did not commit fraud or steal from customers.

Business

Biden on TikTok: 'lol' or national security worry?

US President Joe Biden's debut on TikTok has caused a stir—not least because the Chinese-owned social media platform is still officially considered a security risk by Washington.

Energy & Green Tech

Locally sourced power may be the answer for vulnerable energy grid

This week, the Pacific Gas and Electric Company took the unprecedented step of cutting power to nearly 750,000 Northern California customers, including much of the UC Berkeley campus, in an effort to mitigate the risk that ...

Business

In his words: Huawei CEO says company will not be crushed

Huawei founder and CEO Ren Zhengfei said that U.S. restrictions on access to technology would not defeat the Chinese telecom equipment maker and that the United States and Australia should hold off on buying Huawei's 5G network ...

Business

Responsible AI: Three tools to help businesses

Artificial Intelligence (AI) is one of the most powerful tools developed in recent decades. And, as the saying goes, with great power comes great responsibility.

Business

EU probes Apple's App Store, Google Play

The EU demanded on Thursday that Apple and Google provide more details on how they identified risks concerning their respective software hubs, the App Store and Google Play.

Computer Sciences

The creative data interpreters

The ETH spin-off SpinningBytes programs software that uses machine learning not only to analyse but also to understand huge amounts of data. It enables customised solutions to be developed for numerous IT problems, and allows ...

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Risk

Risk is a concept that denotes the precise probability of specific eventualities. Technically, the notion of risk is independent from the notion of value and, as such, eventualities may have both beneficial and adverse consequences. However, in general usage the convention is to focus only on potential negative impact to some characteristic of value that may arise from a future event.

RISK can be defined as “the threat or probability that an action or event will adversely or beneficially affect an organisation's ability to achieve its objectives”[1]. In simple terms risk is ‘Uncertainty of Outcome’, either from pursuing a future positive opportunity, or an existing negative threat in trying to achieve a current objective.

This text uses material from Wikipedia, licensed under CC BY-SA