KIBBUTZ YAHEL, ISRAEL—The southern tip of Israel is a rocky desert where solar panels are abundant and the sun, when shining, is the source of nearly all electricity. Once it sets, however, the grid shifts back to fossil fuels to generate power. Renewable energy from solar and wind powered systems cannot be stored without extra…
Israeli Firm Uses Air and Water to Store Solar Energy for Nighttime
Officials: Virginia State Agency Hit With Ransomware Attack
December 13, 2021
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Crime and IncidentsNational Securityransomware attackRegional NewsRegional-Local NewsTechTech NewsUSUS NewsVirginia
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RICHMOND, Va.—The information technology agency that serves Virginia’s legislature has been hit by a ransomware attack that has substantially affected its operations, state officials said Monday. Gov. Ralph Northam’s spokeswoman, Alena Yarmosky, confirmed the attack on Virginia’s Division of Legislative Automated Systems. In a brief statement provided to The Associated Press, Yarmosky said the governor…
Widely Used Software With Key Vulnerability Sends Cyber Defenders Scrambling
WASHINGTON—A newly discovered vulnerability in a widely used software library is causing mayhem on the internet, forcing cyber defenders to scramble as hackers rush to exploit the weakness. The vulnerability, known as Log4j, comes from a popular open-source product that helps software developers track changes in applications that they build. It is so popular and…
UN Secretary-General Calls to Ban ‘Killer Robots’
News Analysis On Monday, U.N. Secretary-General Antonio Guterres opened a conference in Geneva by calling for a ban on lethal autonomous weapons (LAWs). “I encourage the Review Conference to agree on an ambitious plan for the future to establish restrictions on the use of certain types of autonomous weapons,” said the Secretary-General at the opening…
HSBC and Wells Fargo Use Blockchain to Settle Forex Trades
December 13, 2021
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Business & EconomyCompanieseconomyEuropeFargoForexGold & CommoditiesHSBCMarketsTechTech NewstradesUKUSUS NewswellsWorld
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LONDON—HSBC and Wells Fargo have begun using a blockchain platform to settle bilateral foreign currency (FX) trades in the latest sign of how technology which underpins crypto assets is spreading to more mainstream activities. Baton Systems, the company behind the Core-FX distributed ledger technology, or DLT, said on Monday the two banks are using the…
UK Antitrust Regulator Looks Into Microsoft’s $16 Billion Nuance Deal
December 13, 2021
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antitrustBusiness & EconomydealeconomyLocal NewsMedia & Big TechmicrosoftNorthern CaliforniaNuanceRegional-Local NewsTechUKUSUS NewsWorld
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Britain’s antitrust regulator said on Monday it will look into Microsoft Corp.’s $16 billion purchase of artificial intelligence and speech technology firm Nuance Communications Inc. The Competition and Markets Authority (CMA), which has been stepping up its regulation of Big Tech, said it was considering if the deal would result in lesser competition in the…
Apple Sued by Customers for Alleged Defect in Apple Watch That Can Cause Injuries
Apple Inc. (AAPL) has been sued by a group of customers for an alleged “dangerous safety hazard” in every generation of the Apple Watch that can cause injuries. What Happened The proposed class-action lawsuit filed by Apple Watch customers accuses the Tim Cook-led company of failing to provide sufficient space inside the Apple Watch for…
Macron Looking to Hold Social Media Platforms Accountable for Online Hate Speech
News Analysis French President Emanuel Macron announced on Dec. 8 that the EU is considering new legislation to hold tech companies liable for hate speech that occurs on their platforms. “This is unprecedented European regulation to fight online hate, to define the responsibility of these large platforms for their content,” said Macron, as reported by…
‘The Internet’s on Fire’ as Techs Race to Fix Software Flaw
BOSTON—A critical vulnerability in a widely used software tool—one quickly exploited in the online game Minecraft—is rapidly emerging as a major threat to organizations around the world. “The internet’s on fire right now,” said Adam Meyers, senior vice president of intelligence at the cybersecurity firm Crowdstrike. “People are scrambling to patch,” he said, “and all…
GM Venture Picks Michigan for 3rd US-based EV Battery Plant
DETROIT—General Motors and a joint-venture partner plan to build an electric vehicle battery factory in Lansing, Michigan, their third such factory in the United States. The companies’ plans were revealed on Friday in documents posted on the city’s website. They say the plant would cost up to $2.5 billion and employ as many as 1,700…
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