Software
British tech entrepreneur Mike Lynch reported missing after superyacht sinks off Sicily
Mike Lynch, former chief executive officer at Hewlett-Packard Co.’s Autonomy unit, speaking at a conference on Thursday, April 25, 2013. Bloomberg | Bloomberg | Getty Images LONDON — British tech entrepreneur Mike Lynch is missing after the sinking of a superyacht off the coast of Sicily, sources familiar with the matter told CNBC. The sources, […]
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The CrowdStrike fail and next global IT meltdown already in the making
When computer screens went blue worldwide on Friday, flights were grounded, hotel check-ins became impossible, and freight deliveries were brought to a stand-still. Businesses resorted to paper and pen. And initial suspicions landed on some sort of cyberterrorist attack. The reality, however, was much more mundane: a botched software update from the cybersecurity company CrowdStrike. “In […]
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The Crowdstrike outage and global software’s single-point failure problem
The frequency of large-scale attacks on corporate enterprise IT is increasing. That’s not unusual or unexpected as companies spend heavily on cyber defense in an asymmetric war against hackers who can string together a few lines of code and wreak havoc. But the largest IT outage ever on Friday, resulting from a CrowdStrike software bug […]
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TSMC second-quarter revenue jumps on AI boost, handily beats market forecasts
A logo of Taiwan Semiconductor Manufacturing Company (TSMC) is seen during the TSMC global RnD Center opening ceremony in Hsinchu on July 28, 2023. (Photo by Amber Wang / AFP) Amber Wang | Afp | Getty Images TSMC, the world’s largest contract chipmaker, reported strong growth in second-quarter revenue on Wednesday that handily beat market […]
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Microsoft reportedly drops its observer seat on OpenAI board amid regulatory scrutiny
Jaap Arriens | Nurphoto | Getty Images Microsoft reportedly said that it would give up its observer seat on the OpenAI board amid regulatory scrutiny into generative artificial intelligence in Europe and the U.S. Microsoft’s Deputy General Counsel Keith Dolliver wrote a letter to OpenAI late Tuesday, according to multiple media reports, saying that the […]
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Tesla up an additional 3% in premarket buying and selling following greater-than-anticipated deliveries report
A row of Tesla superchargers is proven at a supercharging locale in Los Angeles on June 5, 2024. Mike Blake | Reuters Tesla shares saw additional gains in premarket investing Wednesday, just after leaping 10% in the past session next the release of second-quarter vehicle generation and deliveries figures that beat analyst anticipations. The firm’s inventory […]
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Progress, price stocks could see strengthen from Russell rebalancing
ETF Edge Advancement, value stocks could see increase from Russell rebalancing Published Sat, Jun 29 202411:00 AM EDT Ellie Stevens@elliestevens02 Check out Reside Source
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Masimo activist Politan presents ‘last chance’ for shareholders to force change at med-tech company
Founder and CEO of Masimo, Joe Kiani addresses a press conference in Bangalore on January 2, 2017. Manjunath Kiran | AFP | Getty Images Despite voting for change at last year’s annual meeting, shareholders in medical device maker Masimo have seen their governance concerns go largely unresolved, according to activist investor Politan Capital Management. With […]
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U.S. chip curbs in Middle East just ‘business as common,’ Ooredoo CEO claims immediately after Nvidia offer
Jakub Porzyck | Nurphoto | Getty Photographs Qatari telecoms supplier Ooredoo informed CNBC Wednesday that its new tie-up with Nvidia is compliant of all U.S. polices and will however make it possible for it to have obtain to the most up-to-date technologies. Ooredoo previously this week signed a partnership with Nvidia, marking the chipmaker’s first […]
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Neuralink competitor Paradromics gears up to test its brain implant on humans
Neurotech start-up Paradromics will be trialing its brain implant next year, as the race to be the leader in the nascent brain-computer interface (BCI) space heats up. “The brain is a super fascinating organ. We have about 85 billion neurons and every neuron is a million times slower than a computer chip. And yet, the […]
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