NEW YORK—T- Mobile has agreed to pay $350 million to customers affected by a class action lawsuit filed after the company disclosed last August that personal data like social security numbers had been stolen in a cyberattack. In a Securities and Exchange Commission filing on Friday, the mobile phone company said the funds would pay…
DHS Rolls Out New Cybersecurity Rules For Pipeline Owners and Operators
July 24, 2022
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Business & MarketsColonial PipelineCompaniescyber attacksgas pipelineNational Securityransomware attackTechTech NewsUSUS News
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The Department of Homeland Security (DHS) has issued a memorandum detailing new cybersecurity rules for owners and operators of pipelines, a decision seen by the pipeline industry as a win. The Security Directive Pipeline-2021-02C (SD02C) is applicable to operators or owners of hazardous liquid and natural gas pipelines or a liquefied natural gas facility who…
DHS Rolls Out New Cybersecurity Rules for Pipeline Owners, Operators
July 24, 2022
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Business & MarketsColonial PipelineCompaniescyber attacksgas pipelineNational Securityransomware attackTechTech NewsUSUS News
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The Department of Homeland Security (DHS) has issued a memorandum detailing new cybersecurity rules for owners and operators of pipelines, a decision seen as a victory by the pipeline industry. The Security Directive Pipeline-2021-02C (SD02C) is applicable to operators or owners of hazardous liquid and natural gas pipelines or a liquefied natural gas facility who…
Google Fires Engineer Who Warned Company’s AI Bot Is ‘Sentient’ and Hired an Attorney
Google recently confirmed that it has fired the engineer who claimed the firm’s LaMDA artificial intelligence had become sentient. In a statement on July 22, Google confirmed it terminated engineer Blake Lemoine after he told the Washington Post in June that LaMDA—short for Language Model for Dialogue Applications—had the cognitive ability of a 7- or 8-year-old…
Google Fires Engineer Who Warned That Company’s AI Bot Is ‘Sentient’ and Hired Attorney
Google has confirmed that it has fired the engineer who claimed the firm’s LaMDA artificial intelligence had become sentient. In a statement on July 22, Google confirmed it terminated engineer Blake Lemoine after he told The Washington Post in June that LaMDA—short for Language Model for Dialogue Applications—had the cognitive ability of a 7- or 8-year-old…
Volkswagen to Develop New Semiconductor With STMicro Amid Chip Crunch
PARIS/BERLIN—Germany’s Volkswagen and Franco-Italian chipmaker STMicroelectronics will co-develop a new semiconductor amid a global microchip crunch that has strained the car industry’s supply chain, the companies said on Wednesday. The move illustrates how Volkswagen, Europe’s biggest carmaker, is striving to gain greater control over the supply of chips. It is Volkswagen’s first direct relationship with…
Samsung Seeks Tax Breaks on $192 Billion Potential Chip Plants in Texas
SEOUL—Samsung Electronics has begun applications for tax breaks for 11 potential chip plants in Texas adding up to investments of about $192 billion, according to documents filed with Texas authorities. Samsung’s applications were filed ahead of the December expiry the state’s Chapter 313 property tax incentives program. The South Korean tech giant already has a…
CCP State Media and Diplomats Used Social Media to Spread False Information About Xinjiang: Report
July 22, 2022
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ASPIAustraliaChinaChina Human RightsChina-Australia RelationsInternationalInternational RelationsSocial MediaTechUyghurWorldXinjiangXinjiang GenocideXinjiang human rights
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China’s diplomats and state media outlets are using social media platforms to manipulate public opinion and spread false information to divert international condemnation of human rights abuses in Xinjiang, a new report found. A report released on July 20 by the Australian Strategic Policy Institute (ASPI) found that since early 2020, the Chinese Communist Party…
Fake Crypto Apps Scammed Investors out of Over $42 Million, FBI Says
July 22, 2022
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bitcoinBusiness & MarketsCrime and Incidentscrypto fraudcryptocurrencyfake appsMarketsTechTech NewsUS
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The FBI issued a warning to U.S. investors and financial institutions about cyber criminals targeting cryptocurrency markets with fraudulent schemes, resulting in hundreds of people losing millions of dollars in these activities. “The FBI has observed cyber criminals contacting U.S. investors, fraudulently claiming to offer legitimate cryptocurrency investment services, and convincing investors to download fraudulent…
Amazon Bets $3.9 Billion on Merger With Health Care Company
July 22, 2022
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amazon takeoveranti-competitiveBusiness & MarketsCompaniesMedia & Big Techmergers and acquisitionsTechTech NewsUSUS News
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Amazon.com Inc. is planning to buy One Medical, a primary health care provider, in a takeover that would expand the e-commerce giant’s presence in the health care market. Both companies have entered a “definitive merger agreement” indicating that Amazon will acquire One Medical—comprising 1Life Healthcare Inc., the administrative arm of the company, and the affiliated health…
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