Category: Disruption

Big Tech under pressure as Microsoft results put AI costs in spotlight

Microsoft’s results placed AI costs in the limelight, putting pressure on Big Tech.

As Microsoft's results showed how the high-stakes competition for AI supremacy could cost the IT giants, whose shares have risen in recent months on hype surrounding the technology, a number…

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Western Digital is back online after a security breach. Services have been quickly resumed and customers can now access their data with confidence. Get the latest updates on the security breach and more.

Western Digital will quickly resume services after a security breach.

More than a month after the data storage chip maker announced a security breach, Western Digital Corp (WDC.O) said on Friday that it has restored My Cloud services and anticipated…

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Google AI pioneer, Max Tegmark, has left the company to openly discuss the potential dangers of technology and its implications for society. He believes that the public should be aware of the risks and rewards of AI.

Hundreds of Google employees staged a walkout at the company’s London offices on Tuesday, following a dispute over layoffs.

Hundreds of Google employees staged a walkout at the company’s London offices on Tuesday, following a dispute over layoffs. In January, Google’s parent company Alphabet (GOOGL.O) announced it was laying…

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Russian state media websites broadcasting Putin speech goes down during live broadcast

Russian state media websites broadcasting President Vladimir Putin's address to the country's two houses of parliaments on Tuesday suffered an outage during his speech. Reuters journalists in multiple locations were…

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YouTube Homepage Restored After Brief Outage

Alphabet Inc's YouTube said on Wednesday its homepage was back up, after saying earlier that it was down for some users. The company did not disclose the number of users affected…

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China COVID Disruption is Shaken Off as Foxconn Experience Surge in January Sales

Taiwan's Foxconn, the world's largest contract electronics maker and major iPhone assembler for Apple Inc, said on Sunday its revenue in January jumped 48.2% year-on-year, as it shook off COVID…

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U.S. increases its overseas deployment of cyber soldiers to combat hackers.U.S. increases its overseas deployment of cyber soldiers to combat hackers.

Ransom paid, says Hackers who breached ION; No comment says ION

The hackers who claimed responsibility for a disruptive breach at financial data firm ION say a ransom has been paid, although they declined to say how much it was or…

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ransom to cyber attack criminals

Fixing the Ransomware Attack on Data Firm ION Could Take Days

A ransomware attack that hit ION Trading UK could take days to fix, leaving scores of brokers unable to process derivatives trades, sources familiar with the matter told Reuters on…

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North Korea’s Internet was Hit by the Largest Outages in Months on Thursday

North Korea's internet was hit by the largest outages in months on Thursday, a cybersecurity researcher told Reuters, after similar service interruptions in January were blamed on suspected cyber attacks.…

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Work in Progress to Address Cybersecurity Concerns, Says Singtel After the Optus Cyber Attack

A second Australian business owned by Singapore Telecommunications Ltd. was found to have suffered a cyberattack, compounding the data-security crisis at the company amid the huge data breach at mobile-phone operator Optus.…

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