FTC announces plans for Right-to-Repair rules
The Federal Trade Commission (FTC) has announced that it is considering updating its energy labelling rules to require manufacturers to provide repair manuals and is seeking feedback on labelling rules to help consumers buy energy-efficient home appliances. “We look forward to hearing from the public on our initiative to reduce energy costs, promote competition and […]
Researchers uncover Ransom Cartel linked to REvil ransomware
Security researchers from Unit 42 of the Palo Alto network have uncovered Ransom Cartel, a ransomware operation that bears similarities to the notorious REvil ransomware. According to the researchers, the two cybercrime gangs have similarities in techniques, tactics and procedures (TTPs). They so share common ground in the code of their malware. There is a […]
FBI issues guidelines on how to avoid Federal Student Aid scams
The FBI has issued a warning that fraudsters may be targeting people who want to participate in the Federal Student Aid program to steal their personal information, payment details, and money. The program aims to help student loan recipients manage their debts by deducting $10,000 to $20,000 from their loans. “Cybercriminals and fraudsters may purport […]
Ransomware attackers compromise German newspaper, Heilbronn Stimme
A ransomware attack has crippled the printing systems of the German newspaper Heilbronn Stimme, making it impossible for it to print hard copies of its daily publications. On Saturday it had to publish a six-page “emergency” edition, followed by a 28-page e-paper on Monday. All planned obituaries were published on the website, while telephone and […]
Britain’s competition watchdog orders Meta to sell Giphy
The U.K. Competition and Markets Authority (CMA) has again ordered Meta to sell the animated image platform and GIF creation website Giphy. Since the purchase in 2020, the CMA has been examining the purchase of Giphy by Meta, and in November 2021 the CMA issued an initial decision stating that Meta should sell Giphy. Meta […]
94% of business leaders say AI is key to success
According to Deloitte’s State of AI 5th Edition research report, 94% of business leaders agree that AI is critical to success over the next five years. However, despite the increase in the use of artificial intelligence, the results lag behind. Even though 79% of respondents said they had achieved full-scale deployment for three out of […]
Netflix to monetize account sharing from 2023
Starting in 2023, Netflix plans to crack down on password sharing and monetize account sharing by charging subscribers who want to share passwords with family and friends and forcing them to create a sub-account. Netflix also announced that it will launch its ad-supported tier on November 3 in the US and a dozen other countries […]
Amazon workforce continues to shrink
According to leaked documents obtained by Engadget, Amazon appears to be having serious trouble retaining its workforce, with only a third of new employees staying longer than 90 days before leaving the company last year. The New York Times also reported that about 3% of the company’s hourly employees leave each week. According to the […]
Oracle and NVIDIA team up to accelerate enterprise AI adoption
Oracle and NVIDIA announced a multi-year expansion partnership to help customers address business challenges through accelerated computing and artificial intelligence in Oracle’s cloud. For years, NVIDIA and Oracle have worked together to deliver accelerated computing instances and software to businesses through Oracle Cloud Infrastructure (OCI). The expanded partnership aims to speed up AI-based innovation across […]
Apple curbs iPhone 14 Plus production due to low demand
Due to the weak global economy, inflation, iPhone 14 Plus pricing, and demand re-evaluation after demand has not increased as much as expected, Apple is scaling back production of the iPhone 14 Plus just a few weeks after it began shipments. The iPhone 14 Plus, which went on sale a month later than usual due […]
