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It s been yet another busy week in tech, but not everyone has enough time to keep up with all the latest tech news.Lucky for them, we ve put together a list of the week s most important tech news in an easy-to-read format. Read on to find out just what happened this week in tech.U.S. Government Using Planes With Cell Towers to Spy on PeopleYes, you read that title right. The U.S. government is reportedly using planes equipped with fake cell pho stanley cup ne towers to trick phones into thinking that they re using a normal cell tower to hand over information.The program has been in effect since 2007, and many are questioning the legality of it in light of other programs revealed in the Edward Snowden leaks last year.While a spokesperson for Verizon has said that the company does not know of any such program and does not take part in one, both ATT and Sprint have declined to comment.Microsoft Band Reviews Are InMicrosoft recently unveiled its new health and fitness system with Microsoft Health, with the first accompanying device, the Microsoft Band, receiving generally favorable reviews.While the band can track a number of metrics and is sure t stanley cup o be a great fitness device, many suggest that the device needs a number of tweaks, stanley cup including a better design and a material that is more comfortable to wear.Security Flaw Aimed At iOS UsersA new security flaw dubbed the Masque Attack has been discovered that is targeted specifically at iOS users. The attack works by asking users to install a th Ytzw Daily News Briefing
UBS Group UBSG.S is looking to cut more than half of Credit Suisses workforce from next month as a result of the banks takeo stanley deutschland ver, Bloomberg News reported on Tuesday.Bankers, traders, and support staff in Credit Suisses investment bank in London, New York, and in some parts of Asia are expected to bea stanley cup r the brunt, with almost all activities at risk, the report said.UBS intends to eventuall stanley cup y reduce the total combined headcount by about 30 per cent, or 35,000 people, with headcount at Credit Suisse currently at about 45,000, the report said, citing people familiar with the matter.As many as 10,000 jobs would be cut if the Swiss domestic businesses of the two banks are merged.UBS and Credit Suisse declined to comment.Reuters had last week reported that UBS will cut Asia investment banking jobs at Credit Suisse next month, with significant reduction in investment bankers covering Australia and China.Earlier this month, UBS Chief Executive Sergio Ermotti warned of painful decisions about job cuts following the takeover of Credit Suisse, but did not give details about the number of potential layoffs.UBS completed its emergency takeover of embattled rival Credit Suisse in June, forging a Swiss banking and wealth management giant with a $1.6 trillion balance sheet and a workforce of 120,000. Follow Cyprus Mailon Google News businessBusinessTop Share: Reuters News Service In case you missed it Monday 30 June | 16:23 Cyp |