This is a new issue for the automotive industry. “One of the beautiful things about automotive has been that it tends to move much more slowly than consumer electronics,” says Phil Amsrud, an associate director of automotive at the market research firm S&P Global Mobility. That gives auto manufacturers and suppliers plenty of time to … Read more
The frequency of large-scale attacks on corporate enterprise IT is increasing. That’s not unusual or unexpected as companies spend heavily on cyber defense in an asymmetric war against hackers who can string together a few lines of code and wreak havoc. But the largest IT outage ever on Friday, resulting from a CrowdStrike software bug … Read more
When computer screens went blue worldwide on Friday, flights were grounded, hotel check-ins became impossible, and freight deliveries were brought to a stand-still. Businesses resorted to paper and pen. And initial suspicions landed on some sort of cyberterrorist attack. The reality, however, was much more mundane: a botched software update from the cybersecurity company CrowdStrike. “In … Read more
Photo: Bryn Lennon – Formula 1 (Getty Images) Formula 1 isn’t immune to Friday’s global technology outage that ground airports to a halt and hampered most forms of commerce involving a computer operated by Windows. Cybersecurity giant Crowdstrike said that a faulty software update caused the mass calamity. Crowdstrike also has a massive presence in … Read more
“If one of those computers is affected, suddenly all of your sterilization procedures have to slow down or even stop, and then operations stop,” he says. With large healthcare systems employing thousands of personnel and looking after vast numbers of patients—last year Michigan Medicine had more than 2.7 million outpatient visits—modern healthcare has become reliant … Read more
I am by no means a skilled coder, but thanks to a free program called SWE-agent, I was just able to debug and fix a gnarly problem involving a misnamed file within different code repositories on the software-hosting site GitHub. I pointed SWE-agent at an issue on GitHub and watched as it went through the … Read more
Jaap Arriens | Nurphoto | Getty Images Microsoft reportedly said that it would give up its observer seat on the OpenAI board amid regulatory scrutiny into generative artificial intelligence in Europe and the U.S. Microsoft’s Deputy General Counsel Keith Dolliver wrote a letter to OpenAI late Tuesday, according to multiple media reports, saying that the … Read more
A row of Tesla superchargers is shown at a supercharging location in Los Angeles on June 5, 2024. Mike Blake | Reuters Tesla shares saw more gains in premarket trading Wednesday, after jumping 10% in the previous session following the release of second-quarter vehicle production and deliveries figures that beat analyst expectations. The company’s stock was … Read more
A bullish move may be ahead for both value and growth in the year’s second half. VettaFi’s Todd Rosenbluth thinks value stocks, which have been market laggards, could get a lift from one of the biggest Wall Street events of the year: the FTSE Russell’s annual rebalancing. “It’s worth paying attention to value,” the firm’s … Read more
Founder and CEO of Masimo, Joe Kiani addresses a press conference in Bangalore on January 2, 2017. Manjunath Kiran | AFP | Getty Images Despite voting for change at last year’s annual meeting, shareholders in medical device maker Masimo have seen their governance concerns go largely unresolved, according to activist investor Politan Capital Management. With … Read more
