Google says some SharePoint hacks carried out by 'China-nexus threat actor'
Agencies
Alphabet's Google said in a statement on Monday that at least some of the hacks carried out against servers using Microsoft's SharePoint system have been carried out by a "China-nexus threat actor."
The cyber espionage operation has compromised about 100 different organizations as of the weekend.
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Indian Express
a minute ago
- Indian Express
Using Google Maps is notoriously tough in South Korea. That may change soon
South Korea has a problem. In one of the world's most technologically advanced nations, navigating the landscape can be tough because Google Maps doesn't work effectively. On August 11, South Korean authorities will decide whether to finally grant Google's request to export the country's detailed mapping data to overseas servers. This will allow Google to give detailed directions and best routes to travel. The debate on whether approval should be granted has continued for nearly two decades. Local groups warn of domination from foreign companies, while those who back Google's request argue that restrictions harm tourism and innovation. It has also opened a debate on how democracies balance digital sovereignty with economic openness. South Korea is one of the few countries, along with China and North Korea, in which Google Maps fails to function properly. Instead, the digital landscape in South Korea is controlled by local 'portal' companies Naver and Kakao. These firms provide precise public mapping data that is stored on domestic servers in accordance with the law. Google already licenses the same data from local providers but is only able to display information like landmarks and local business. It cannot provide directions for users. Google contends that access to the data is essential for distributing and processing it across its global network of servers, enabling real-time navigation for billions of users worldwide, including those planning trips to Korea from overseas. The government has consistently refused permission, citing national security risks. Google argues that domestic competitors already utilise the mapping data it is requesting. It also claims to have removed sensitive locations from the map after a security review and has offered to will blur satellite imagery of any sensitive facilities, if required. Those opposing the clearance to Google hold a different view. As reported by The Guardian, The Korean Association of Spatial Information, Surveying and Mapping (Kasm), which represents 2,600 local companies, reports 90% opposition from 239 member companies surveyed, fearing market domination by the US tech company. 'The government must listen to industry concerns,' says Kim Seok-jong, chair of Kasm, warning of potential 'industry devastation'. The government has proposed a solution, suggesting that Google could gain access to detailed mapping data if it establishes local data centres like its domestic rivals. However, this would not address the problem of data being processed on Google's servers globally. The method of storing data in local data centres also poses risks. In 2022, millions of users lost access to Kakao's messaging, mapping, and ride-hailing services when a fire broke out at one of its data centres. The restrictions have drawn criticism from tourists who find it difficult to navigate the country. Tourist startups and tech advocates also argue that it will be difficult to build globally competitive services without access to internationally standard mapping tools. This isn't the first time Google has asked for permissions for mapping data. Previous government reviews in 2007 and 2016 both resulted in rejection. Washington's trade officer has listed South Korea's mapping restriction has a 'non-tariff trade barrier', further broadening US-Korea ties.
Mint
28 minutes ago
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Indian textile stocks have plunged sharply on Dalal Street in the last few sessions after imports from the country were slapped with the highest 50% tariffs, raising concerns that global retail giants may shift their sourcing to other Asian countries to avoid higher duties. On Wednesday, US President Donald Trump signed an executive order imposing an additional 25% tariff on Indian goods, citing India's continued imports of Russian oil as the rationale. This hike comes on top of the 25% tariff announced last week, bringing the total US duty on many Indian imports to 50%, the highest among major nations, with only Brazil ahead. Worryingly, the tariff imposed on India is also higher than that on other Asian countries such as Vietnam (20%), Indonesia (19%), and Japan (15%), which experts believe could weaken India's position as a preferred sourcing destination, particularly in textiles, which in recent years have accounted for a significant share of the country's exports, reaching to 8% share. While China, which had the largest export share among Asian nations, received a 90-day tariff extension, its share in global textile and apparel exports, however, has dropped sharply in recent years due to rising labour costs and the global shift under the China+1 strategy. India has capitalised on this trend, attracting global buyers as the government rolled out various policy initiatives. India is now among the top textile-exporting countries globally, with a share of approximately 4% of global textiles and apparel exports. The major export destinations for India in this segment are the United States (US), the European Union (EU), and the United Kingdom (UK), accounting for around 53% of total textile and apparel exports in FY 2023–24. The unexpected tariff blow from the US comes at a time when India is signing free trade agreements with major nations. In early May, India and the United Kingdom officially signed an FTA after years of negotiations, enhancing the competitiveness of the Indian textile industry in the UK market, where competing countries like Pakistan, Bangladesh, and Sri Lanka currently enjoy duty-free access under the UK's Generalised Scheme of Preferences (GSP). The landmark deal is expected to double textile and apparel exports to the UK over the next two years. However, India's textile and apparel export share to the US is four times higher than its share to the UK, making the American market far more critical for the sector's growth prospects. In 2024, India accounted for around 6% of the United States' total apparel imports, translating to exports worth approximately $4.8 billion out of the US's $80 billion import bill, and contributing to 33% of India's overall apparel exports, according to the latest available data. Additionally, India exported $5.2 billion worth of textiles to the US, bringing the combined apparel and textile exports to around $10 billion. In the United Kingdom, India held a 5% share, equivalent to around $1.13 billion in exports, based on the UK's total apparel imports of $22.5 billion during the year, representing 8% of India's total apparel exports, which indicates that the US market is more than four times larger in value for Indian apparel compared to the UK. During 2024, the US imported apparel worth $80 billion, with China accounting for 21% of the total, followed by Vietnam (19%), Bangladesh (9%), India (6%), and Sri Lanka (3%). During the same period, the UK imported apparel worth $22.5 billion, with China also holding the highest 25% share, though it came down from 30% in 2019. India's textile and apparel exports in FY25 grew by 6.32% to $36.606 billion. Of this, apparel exports rose by 10.03% to $15.989 billion, while textile exports increased by 3.61% to $20.617 billion. Global credit rating agency Moody's Ratings on Friday said that Trump's proposed tariffs on Indian exports could severely undermine India's manufacturing ambitions and slow economic growth. The agency noted that the tariffs could slow India's real GDP growth by around 0.3 percentage points from its current forecast of 6.3% for the fiscal year ending March 2026. 'Beyond 2025, the much wider tariff gap compared with other Asia-Pacific countries would severely curtail India's ambitions to develop its manufacturing sector, particularly in higher value-added segments such as electronics, and may even reverse some of the gains made in recent years in attracting related investments,' the ratings agency said. A larger import bill would widen the current account deficit, especially amid weaker tariff competitiveness that could deter investment inflows. The agency further noted that the magnitude of the drag on growth from tariff barriers will influence the government's decision on a fiscal policy response, although it expects the government to maintain its focus on gradual fiscal and debt consolidation.
The Hindu
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Tesla India takes on lease 8,200 sq. ft. commercial space in Delhi's Aerocity
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