TECHNO LA LA

A UK parliamentary panel has launched an inquiry into the UK government's successful bid to acquire satellite technology firm One Web along with India's Bharti Enterprises earlier this month. The winning bid hailed as reflective of the scale of Britain's ambitions on the global stage by UK Business Secretary Alok Sharma has come under the scanner of the House of Commons Business, Energy and Industrial Strategy (BEIS) Committee as "troubling and concerning" after it was alerted by a civil servant in the government's business department over concerns around the investment.   As part of the deal, Sharma had confirmed that the UK will invest $500 million and take a "significant" equity share in London-based OneWeb, which had declared bankruptcy earlier this year.  Another $500-million will come from Bharti Global Ltd, an entity of the Sunil Bharti Mittal led Indian telecom major. Now more than ever, the government needs to ensure that it's sp

Smartwatch maker Garmin is suffering widespread outages after it was reportedly targeted in a ransomware attack.  The company announced temporary outages on multiple platforms - including its website, user data-syncing service Garmin Connect and customer service center - on Thursday, promising to get the problems resolved as soon as possible.  Garmin did not disclose the cause of the issues, but multiple employees took to social media and revealed that a ransomware attack had encrypted its internal network and some production systems, according to ZDNet.  The outlet reported that Garmin is now planning a multi-day maintenance window to deal with the aftermath of the attack - leaving thousands of users without the ability to sync their devices with the mobile app or the cloud.   Several customers flagged the issue on Twitter even after Garmin made its first announcement, in which it indicated that services would be back up and running soon. 

EU countries must take urgent action to diversify their 5G suppliers, the European Commission said, amid U.S. pressure on the bloc to follow Britain and ban China's Huawei from 5G networks. Last year, the EU agreed to take a tough line on 5G suppliers to reduce cybersecurity risks to next-generation mobile networks, seen as key to boosting economic growth and competitiveness. strategy included reducing countries' and telecoms operators' dependency on one supplier. World No. 1 telecoms equipment maker Huawei competes with Finland's Nokia and Sweden's Ericsson.