1Password acquires Texas-based passkey tool provider Passage
Canadian-based 1Password has added a fledgling passkey development tool to its stable of enterprise password manager products. The company said today it has acquired Texas-based Passage Identity, a passwordless authentication provider that helps developers add biometric and other secure login capabilities to their applications. No details were given on the acquisition price. Passage only made
Opendoor lays off 550 people amid mortgage interest rate and inflation
Eric Wu, co-founder and CEO of real estate sales platform Opendoor Technologies, announced in a blog post that about 550 employees, or 18% of the company, would be laid off across all functions. “It is with a heavy heart that I share this news today. For those who missed the Open House, we’ve made the […]
T-Mobile to charge customers $35 transaction fee for new activations and upgrades
T-Mobile says $35 activation fee will soon be applied to almost all device transactions. It will make it impossible to circumvent the fee by using the carrier’s online system for upgrades and activations, according to internal company documents that were posted on Reddit. According to the alleged internal documents, T-Mobile is replacing its ASC and […]
Binance chief believes Musk can shake up sleepy Twitter
Binance CEO Changpeng “CZ” Zhao has expressed full support for Elon Musk’s Twitter takeover, but he believes 90% of Elon Musk’s ideas for Twitter will fail. CZ, who invested $500 million in Musk’s Twitter vision, insisted that he didn’t care about Musk’s attempt to derail the investment because he was prepared for either outcome. CZ […]
Gartner predicts increase in cloud migration and negative impact of inflation
Gartner predicts that inflation will negatively impact global spending on public cloud services, which is expected to rise by more than 20% to $591.8 billion in 2023, compared to $490 billion in 2022, growing at an 18.8% rate. However, as companies are under cost pressure, spending on public cloud could actually fall. “Current inflationary pressures […]
SourceHut updates its terms of service, removes projects related to cryptocurrency
SourceHut has updated its terms of service, which will take effect in 2023. Changes include the cancellation of software projects on SourceHut that use cryptocurrency and blockchain technology, citing their use in get-rich-quick systems and other types of fraud. According to SourceHut, “These domains are strongly associated with fraudulent activities and high-risk investments which take […]
Bed Bath & Beyond boss resigns
Rafeh Masood, chief customer officer and technology officer of Bed Bath & Beyond, has resigned, highlighting the latest change of leadership at the beleaguered retailer in the wake of a potential data breach and exodus of staff. Bed Bath & Beyond announced last week that a third-party phishing scam had gained unlawful access to its […]
AMD shares rise ahead of rivals
Advanced Micro Devices has gained more market share in its high-paying data centre business than rival Intel Corp, according to third-quarter results. AMD earned $66 million in profit in the third quarter on about $5.6 billion in revenue, according to its earnings report. That’s not exactly an impressive figure in itself, but it gets worse […]
Musk says Twitter will not reinstate blocked users unless there is a clear process
Following his $44 billion takeover of Twitter, Elon Musk has proposed several changes to the social media platform, including paid account verification. He also voiced his views on freedom of expression and censorship, tweeting that a clear process will be needed to reinstate banned Twitter users. Persons who have been excluded from the site for […]
See Tickets discloses data breach carried out by online skimmer
See Tickets, an international ticket service provider, reported a data breach caused by an online skimmer that outed customers’ payment card information. This means that anyone who has bought tickets online from See Tickets in recent years could be the victim of a credit card theft as a skimmer was running on its website from […]
