Block posts jump in third-quarter revenue
Block, formerly known as Square, reported a rise in third-quarter revenue as the growth of Cash App offset the stagnant prices for cryptocurrencies that had slowed the payments platform, led by Twitter founder Jack Dorsey, in previous quarters. Block’s stock jumped 14% in after-hours trading following the third quarter earnings report. Before the close of […]
Musk cuts infrastructure costs at Twitter after takeover
Elon Musk has instructed Twitter’s teams to save more than $1 billion in annual infrastructure costs by reducing cloud services and additional server space. In an effort to save money following his $44 billion acquisition, this was revealed in an internal Slack message, which also stated that the company hopes to save up to $3 […]
LockBit hacks German multinational automotive supplier
Continental, a German multinational automotive parts manufacturing company, was hacked by the LockBit ransomware gang. The gang has also posted the company’s name on its Tor Leak page, threatening to release allegedly stolen data if the victim does not pay the ransom, but does not yet provide information about what data it stole from the […]
Significant labor shortages in cybersecurity sector despite popularity
According to the (ISC)² Cybersecurity Workforce study, careers in cybersecurity are becoming increasingly popular, but labor shortages persist due to an uneven relationship between client and cybersecurity workforce ratio. This is despite the fact that there are 4.7 million people working in cybersecurity worldwide, and the labor market gap is still estimated at around 3.4 […]
Windows 10 remains trendy despite Windows 11 update
Only 15.44% of PCs worldwide have Windows 11, the latest version of Windows, which represents a significant design deviation from Windows 10. This means that while the two operating systems are very similar, the upgrade, Windows 11, has yet to gain traction among users, having gained only 1.83% of users in a month. In comparison, […]
Synchron Switch, new feature to link iPhone and brain
Synchron, a New York-based company, has invented a product called Synchron Switch that helps patients control an iPhone or iPad with their brains, and researchers have nothing but praise for it, making it the first company to receive FDA approval for clinical trials on a computer brain implant. According to Semafor, a Stentrode, or array […]
