TECHNOLOGY POWERING BUSINESS
2023
Big Data & AI World 2023
US Seizes Servers Of Prolific Ransomware Gang Hive
FBI has hacked the hackers, after it “covertly infiltrated Hive Network, thwarting over $130m in ransom demands”
Twitter Partners With Ad Verification Firms To Appease Advertisers
Twitter says it will team up with two digital ad verification companies, in a further attempt to attract advertisers back to platform
NASA And DARPA To Develop Nuclear Rocket Engines For Mars
Partnership between NASA and DARPA seeks to develop nuclear thermal rocket engine for upcoming Mars missions
NCSC Warns State-Linked Hackers In Russia, Iran Are Targeting UK
Hacking groups linked to hostile states are conducting sophisticated campaigns against UK politicians and media, warns UK's cyber guardian
US FAA Grounds Contractors Involved In Computer Outage
American aviation regulator withdraws system access from contractors involved in computer outage that halted American flights
Smartphone Shipments Plunge In Largest Ever Decline
Worrying development. Shipments of new smartphones plunged 18.3 percent in Q4 2022, with total shipment in 2022 down to 2013 levels
IBM And SAP To Cut Thousands Of Jobs
Two more tech players announce culling of thousands of jobs, with IBM letting go 3,900 positions and SAP cutting 3,000
Meta To Reinstate Donald Trump Facebook, Instagram Accounts
Donald Trump regains more social media accounts, after two year ban for inciting an insurrection at US Capitol
Tesla To Invest $3.6 Billion In Nevada Expansion
Multi billion dollar investment will add two factories to Tesla's Nevada Gigafactory complex for battery and semi electric truck production
Recharge Industries Makes Surprise Bid For Britishvolt – Report
Aussie battery startup Recharge Industries reportedly makes non-binding offer for collapsed UK battery firm Britishvolt
Twitter Ad Spending Fell Over 70 Percent In December – Report
New data suggests advertisers continue to shun Elon Musk's Twitter, as another report states there are now just 550 engineers remaining
UK Watchdog Opens Investigation Of $61bn Broadcom-VMware Buy
After initial review of Broadcom’s $61 billion (£51bn) acquisition of VMware, UK regulator confirms phase 1 investigation
US DoJ Sues Google Over Online Ad Domination
US DoJ, plus eight US states, sue Alphabet's Google for its dominance in online advertising market, amid calls for it to be broken up
LastPass Owner GoTo Confirms Hackers Stole Customers’ Backups
It gets worse. Confirmation from LastPass owner GoTo that hackers stole encrypted backups and encryption key for portion of them
Microsoft Investigates Outage With Teams, Outlook
Thousands of users are reporting problems accessing Microsoft services on Wednesday, as firm says it is investigating
Sweden To Upgrade Nvidia-Powered Berzelius Supercomputer
Sweden to add more Nvidia systems to Berzelius supercomputer, turning it into one of world's most powerful AI systems
EU Lawmakers Approve ‘Prohibitive’ Crypto Rules
European Union lawmakers vote to approve draft law that includes 'prohibitive' restrictions for banks holding crypto assets
Crypto Exchange Bizlato ‘Laundered 1bn Euros’ In Crime Funds
Europol says little-known crypto exchange Bizlato laundered some 1 billion euros in crime-linked funds, after arrests of executive team
Spotify To Cut 6 Percent Of Staff
Music-streaming service Spotify to cut 6 percent of staff after chief executive admits being 'too ambitious' with spending during pandemic
Microsoft Seals Multi-Billion Dollar Deal With OpenAI
Microsoft expands relationship with start-up OpenAI in multi-billion dollar deal, in major bet that AI can transform its offerings
Musk Tells Court Tesla Tweet Not A ‘Joke’
Elon Musk tells San Francisco court he tweeted about taking Tesla private in 2018 after meeting with Saudi investment fund, not as a 'joke'
Refurbished versus Remanufactured: What’s the Difference and Why Does it Matter?
Second-hand products have seen a surge in popularity of late as businesses and consumers alike look to save money and live more sustainably. The technology industry hasn’t been without its own mini revolution, seeing refurbished goods ...
Ofcom Opens Probe Into BT Customer Contracts
Telecoms regulator Ofcom to investigate BT and subsidiaries EE and Plusnet over potential lack of clarity in customer contracts
Turning the Unamazing into the Amazing
How can businesses meet the demands of digital-savvy customers and push the boundaries of CX.
Hackers Access Thousands Of PayPal Accounts
PayPal says hackers accessed nearly 35,000 accounts in early December using valid passwords obtained from breaches of other websites
German Regulator Opens PayPal Competition Probe
Germany's Federal Cartel Office opens investigation into PayPal Europe over concerns company is blocking competition
Twitter Shuts Down Third-Party Clients In Policy Shift
Twitter officially changes developer policy following technical changes that abruptly shut down most third-party clients
Musk Says Twitter To Launch Ad-Free Subscription
Elon Musk says Twitter to offer premium subscription tier without advertising, as company seeks new revenue sources