Chris Liu
The Latest
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Kaspersky Labs to Wind Down U.S. Operations Amid Security Concerns
Russian cybersecurity firm Kaspersky Labs announced plans to gradually wind down its U.S. operations starting July 20. This decision comes nearly a month after the Biden administration unveiled plans to ban the sale of Kaspersky products in the United States, citing national security concerns. The move marks the end of nearly two decades of Kaspersky's presence in the U.S. market. Russian cybersecurity firm Kaspersky Labs announced plans to gradually wind down its U.S. operations starting July 20. This decision comes nearly a month after the Biden administration unveiled plans to ban the sale of Kaspersky products in the United States, citing national security concerns. The move marks the end of nearly two decades of Kaspersky's presence in the U.S. market. -
OpenAI Whistleblowers Urge SEC to Probe Allegedly Restrictive NDAs
OpenAI, the artificial intelligence powerhouse behind ChatGPT, is facing scrutiny after whistleblowers called for the Securities and Exchange Commission (SEC) to investigate the company's non-disclosure agreements (NDAs). The whistleblowers, represented by "one or more anonymous and confidential" individuals, allege that OpenAI's NDAs illegally restrict employees from speaking out about the risks associated with its AI technology. OpenAI, the artificial intelligence powerhouse behind ChatGPT, is facing scrutiny after whistleblowers called for the Securities and Exchange Commission (SEC) to investigate the company's non-disclosure agreements (NDAs). The whistleblowers, represented by "one or more anonymous and confidential" individuals, allege that OpenAI's NDAs illegally restrict employees from speaking out about the risks associated with its AI technology. -
Morgan Stanley's 'Top Pick' Boosts Apple's Market Value to Record $3.62 Trillion
Apple Inc. (NASDAQ: AAPL) saw its shares rise 2.5% to a record high on Monday, following Morgan Stanley's decision to raise its price target on the iPhone maker's stock and designate it as a "top pick." This move underscores the significant impact of Apple's recent advances in artificial intelligence (AI) on its stock performance. Apple Inc. (NASDAQ: AAPL) saw its shares rise 2.5% to a record high on Monday, following Morgan Stanley's decision to raise its price target on the iPhone maker's stock and designate it as a "top pick." This move underscores the significant impact of Apple's recent advances in artificial intelligence (AI) on its stock performance. -
AT&T Reportedly Paid $370,000 Ransom to Hackers to Delete Stolen Customer Data
AT&T has reportedly paid a hacker group $370,000 in bitcoin to delete customer data that was stolen earlier this year. This development highlights the growing challenges faced by corporations in dealing with cybersecurity threats and the ethical dilemmas surrounding ransom payments. AT&T has reportedly paid a hacker group $370,000 in bitcoin to delete customer data that was stolen earlier this year. This development highlights the growing challenges faced by corporations in dealing with cybersecurity threats and the ethical dilemmas surrounding ransom payments. -
Google Eyes $23 Billion Acquisition of Cybersecurity Startup Wiz
Google is reportedly in advanced discussions to acquire the cybersecurity startup Wiz for a staggering $23 billion, which would mark its largest acquisition to date. This potential deal, reported by The Wall Street Journal, underscores Google's aggressive push to strengthen its cybersecurity capabilities amid increasing cyber threats and regulatory scrutiny. Google is reportedly in advanced discussions to acquire the cybersecurity startup Wiz for a staggering $23 billion, which would mark its largest acquisition to date. This potential deal, reported by The Wall Street Journal, underscores Google's aggressive push to strengthen its cybersecurity capabilities amid increasing cyber threats and regulatory scrutiny. -
AT&T Suffers Massive Data Breach Exposing Millions of Call and Text Records
In a significant cybersecurity breach, AT&T disclosed on Friday that tens of millions of its cellphone customers' call and text message records were exposed in a data hack that occurred in mid-to-late 2022. The breach also impacted many non-AT&T customers whose information was accessible through interactions with AT&T users. This revelation underscores the persistent vulnerabilities facing major telecom companies. In a significant cybersecurity breach, AT&T disclosed on Friday that tens of millions of its cellphone customers' call and text message records were exposed in a data hack that occurred in mid-to-late 2022. The breach also impacted many non-AT&T customers whose information was accessible through interactions with AT&T users. This revelation underscores the persistent vulnerabilities facing major telecom companies. -
AMD to Acquire Finnish AI Startup Silo AI for $665 Million in Strategic Move to Challenge Nvidia
In a strategic move to bolster its artificial intelligence capabilities and challenge industry leader Nvidia, Advanced Micro Devices (AMD) announced its plan to acquire Finnish AI startup Silo AI for approximately $665 million. This acquisition marks one of the largest takeovers in the European AI sector in recent years and reflects AMD's aggressive push to enhance its AI services. In a strategic move to bolster its artificial intelligence capabilities and challenge industry leader Nvidia, Advanced Micro Devices (AMD) announced its plan to acquire Finnish AI startup Silo AI for approximately $665 million. This acquisition marks one of the largest takeovers in the European AI sector in recent years and reflects AMD's aggressive push to enhance its AI services. -
Intuit Lays Off 10% of Workforce Amid Strategic Shift to AI, Plans to Rehire 1,800
Intuit, the tech giant known for its tax preparation and financial software, has announced a significant workforce reduction, laying off approximately 10% of its employees. The move, detailed in a Wednesday filing with the Securities and Exchange Commission (SEC), underscores the company's ambition to reallocate resources and invest heavily in AI technology. Intuit, the tech giant known for its tax preparation and financial software, has announced a significant workforce reduction, laying off approximately 10% of its employees. The move, detailed in a Wednesday filing with the Securities and Exchange Commission (SEC), underscores the company's ambition to reallocate resources and invest heavily in AI technology. -
Apple Faces Scrutiny Over AI Transparency from Artists and Creatives
Apple's recent unveiling of Apple Intelligence, its foray into generative AI, has ignited a significant controversy within the creative community. The new technology, which promises to enhance Siri and introduce advanced features in the Notes and Calculator apps, also includes a generative AI component that has raised ethical questions about how the company trained its AI models. Apple's recent unveiling of Apple Intelligence, its foray into generative AI, has ignited a significant controversy within the creative community. The new technology, which promises to enhance Siri and introduce advanced features in the Notes and Calculator apps, also includes a generative AI component that has raised ethical questions about how the company trained its AI models. -
Microsoft Settles for $14 Million Over Employee Leave Discrimination Allegations
Microsoft Corp. has agreed to a $14.4 million settlement to resolve allegations of discrimination and retaliation against employees who took legally protected leave, including parental and disability leave. The California Civil Rights Department announced the proposed settlement on Wednesday, marking the end of a multi-year investigation into the tech giant's employment practices. Microsoft Corp. has agreed to a $14.4 million settlement to resolve allegations of discrimination and retaliation against employees who took legally protected leave, including parental and disability leave. The California Civil Rights Department announced the proposed settlement on Wednesday, marking the end of a multi-year investigation into the tech giant's employment practices.