Oracle finance system delays payments to Edinburgh University

Edinburgh University is still paying staff and suppliers late because of the problematic introduction of a new Oracle-based human resources and finance system. In December 2014, the University of Edinburgh deployed the Oracle E-Business Suite (EBS) 12.1.3 for HR, payroll, and self-service. The last upgrade to this system took place in November 2013. In June […]

Fangxiao targets reputable companies with phishing scams

A malicious group known as “Fangxiao,” which means “imitate” in Chinese, has created a vast network of more than 42,000 web domains that imitate and exploit the reputation of international, trusted brands by promising financial incentives to get victims to spread the campaign through WhatsApp. Users are directed to a website controlled by Fangxiao via […]

Google slapped $391.5 million penalty for illegally tracking users’ locations 

Fines are becoming a necessary evil in the tech industry, and barely a month goes by without a court or commission fining a tech giant for violating one or more laws, particularly privacy laws. The most recent fine was levied by 40 US states against Google for illegally tracking users’ locations. Google is now to […]

FTX under close scrutiny by agencies

The Securities and Exchange Commission and the Commodity Futures Trading Commission launched investigations into the collapse of the crypto exchange platform FTX last week after a rush of customer withdrawals. FTX failed in an attempt to secure a deal with rivals, and now Binance is being investigated and declared bankrupt by US regulators over its […]

Binance chief unveils plans for crypto industry

Binance CEO Changpeng Zhao has intervened in the ongoing global hacking crisis, declaring that no one can be protected from bad actors, as the collapse of its rival FTX shows. He explained that it is not the sole responsibility of watchdogs to protect consumers and that the crypto sector must play its own role. However, […]

Malicious SEO campaign compromises 15,000 WordPress sites

Hackers have launched a new malicious black hat search engine optimization (SEO) campaign that compromised over 15,000 WordPress websites to redirect visitors to fake Q&A portals. Each compromised page contains approximately 20,000 files used in the search engine spam campaign, with WordPress being the most commonly used platform. The attack aims to promote a handful […]

Amazon to lay off 10,000 staff by end of week

Redundancies seem to be the new normal in the tech world, with Twitter, Meta, Snapchat, Stripe, Salesforce, Microsoft, Zillow, and Robinhood all doing so in recent months. According to the New York Times, Amazon appears to be following suit and plans to lay off nearly 10,000 employees by the end of this week. Redundancies seem […]

British tech industry unfazed by inflation, still investing

Global inflation is shaking not only the tech industry, but the whole world, as widespread layoffs and other cost-cutting measures have taken place. However, the British tech industry seems unconcerned because British companies understand the importance of investing in technology. According to the latest Nash Squared’s Digital Leadership report, 746 IT executives in the U.K. […]