LONDON/WASHINGTON—Police in Britain have arrested seven people following a series of hacks by the Lapsus$ hacking group which targeted major firms including Okta Inc. and Microsoft Corp., City of London Police said on Thursday. San Francisco-based Okta Inc,. whose authentication services are used by some of the world’s biggest companies to provide access to their…
New Rules for US Tech Giants to Come Into Force in October, EU’s Vestager Says
BRUSSELS—Tough new rules targeting U.S. tech giants agreed late on Thursday are expected to come into force in October, EU antitrust chief Margrethe Vestager said on Friday. The rules, which Vestager proposed a year ago, are called the Digital Markets Act and set out a list of dos and don’ts for Amazon, Apple, Meta, Alphabet…
Read How Analysts Reacted to Google’s Pact With Spotify
Alphabet Inc.’s Google decided to allow Spotify Technology SA and other app developers to offer users an alternative third-party payment option alongside Google Play’s option. KeyBanc analyst Justin Patterson saw the move as a win for digital content providers. He viewed alternative payment options as a happy compromise that calmed regulators and large developers without sacrificing Google Play…
Google to Pause Ads That Exploit or Dismiss Russia–Ukraine War
Alphabet-owned Google will not help websites, apps and YouTube channels sell ads alongside content that it deems exploits, dismisses or condones the ongoing Russia–Ukraine conflict, the U.S. company said Wednesday. Google, whose advertising software helps publishers generate revenue, bars ads from appearing next to content that incites violence and denies tragic events. It is broadly…
Rapid Cloud Expansion Making Businesses Vulnerable to Cyber-Attacks
With businesses around the globe—especially in the United States, Canada, and Western Europe—bracing for potential cyber-attacks orchestrated by Russia or its hackers, a leading cyber security firm is warning most software upgrades are not adequately addressing the most vulnerable component of the “modern cyber-attack surface.” Most business security policies and resilience upgrades are focused on…
Google Urges Judge Hearing US Antitrust Lawsuit to Reject Sanctions Request
WASHINGTON—Alphabet’s Google urged a judge hearing a U.S. antitrust case against it to reject the Justice Department’s request that it be sanctioned, saying it had not abused attorney-client privilege. The department had asked Judge Amit Mehta to sanction Google, saying the company’s “Communicate with Care” program was sometimes a “game” to shield communications that did…
Elon Musk Sees Battery Production Snags Next Year: Here’s How He Thinks Tesla’s Scaling-Up Plans Will Be Hit
Tesla Inc CEO Elon Musk said on Tuesday he sees challenges with battery production next year that can hold back scaling up plans for the electric vehicle maker over the next two to three years. What Happened Musk told workers at Tesla’s Giga Berlin, after handing over the first Model Y deliveries to customers, that the EV maker is being held back by numerous…
Apple Services Including App Store Resume After Outage for 2nd Straight Day
Apple Inc.’s Apple Music, mobile App Store, and Podcasts resumed services on Tuesday, after facing outages for a second consecutive day, according to the company’s system status page. Tuesday’s outage also affected Mac App Store, users of Apple Card, Apple Books, iCloud Web Apps, and Weather. The outage on Monday affected 11 of Apple’s services,…
Australian Govt Unveils Major Cyber Intelligence Facility
The Australian government has revealed a new world-class cyber and foreign intelligence facility with the goal of bolstering the nation’s defensive and offensive cyber warfare capabilities. Located at Majura Park in the capital, Canberra, the facility will become home to a new generation of cyber operators and intelligence analysts working for the Australian Signals Directorate…
Russia Facing Exodus of Tech Workers
News Analysis The Russian Federation may be facing yet another development in its litany of troubles since President Vladimir Putin began the invasion of Ukraine: a mass exodus of highly skilled tech workers from Russia. Because of the prevalence of remote work in the tech industry and the often cosmopolitan values of employees, many Russian…
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