The recent global IT outage, blamed on a botched software update from cybersecurity company CrowdStrike, revealed just how interconnected and reliant our modern society has become on technology. With computer screens going blue worldwide, flights being grounded, hotel check-ins impossible, and freight deliveries stalled, the initial panic of a cyberterrorist attack turned out to be
Enterprise
In the realm of corporate enterprise IT, the frequency of large-scale attacks is on the rise. While companies invest significant resources in cyber defense to combat malicious hackers, a different type of threat is gaining traction – the single-point failure. This type of tech threat, often overshadowed by cyber attacks, stems from errors in specific
The cybersecurity firm CrowdStrike experienced a significant drop in its shares after a recent update caused a major outage that affected businesses worldwide. The shares of the company, known for its software that helps firms manage their IT security environments, plummeted by 15% in U.S. premarket trading. The CEO of CrowdStrike, George Kurtz, attributed the
Former President Donald Trump is set to headline a campaign fundraiser in Nashville on the sidelines of the Bitcoin Conference, where the top ticket is selling for a whopping $844,600 per person. This event, scheduled for July 27, will coincide with Trump’s expected keynote speech at the conference, the largest gathering of cryptocurrency enthusiasts in
The recent tech selloff on Wall Street has reverberated across Asia, particularly hitting chip stocks hard. Reports suggesting that the U.S. may be considering tighter export restrictions have sent shockwaves through the market, leading to a significant decline in shares of major chip companies in the region. Taiwan Semiconductor Manufacturing Company (TSMC), the world’s largest
Former U.S. President Donald Trump recently made controversial statements regarding Taiwan’s contribution to the United States for defense, suggesting that the country should pay for its protection. Trump’s comments came during an interview with Bloomberg Businessweek where he expressed his views on Taiwan’s role in the semiconductor industry and its significance in global chip production.
ASML, a crucial player in the semiconductor industry, recently reported second-quarter earnings and sales that surpassed analyst forecasts. The Dutch company’s net sales reached 6.24 billion euros, outperforming the expected 6.03 billion euros, while net profit amounted to 1.58 billion euros against the anticipated 1.43 billion euros. Despite a 9.5% decline in net sales and
The case involving Craig Wright, an Australian man who asserted himself as the creator of Bitcoin, took a dramatic turn when a British High Court Judge referred him to the Crown Prosecution Service for suspected perjury. Judge James Mellor raised concerns about Wright’s credibility after accusing him of extensive and repeated lies in an attempt
Apple recently launched the preview version of its highly anticipated iOS 18 update, giving users a glimpse of the new features that will accompany the release of the new iPhones this fall. The public beta version allows dedicated Apple fans and developers to explore the upcoming changes and enhancements before the official launch, enabling them
Artificial intelligence (AI) is not limited to the tech sector anymore, as it has made its way into the food industry as well. From self-checkout kiosks to AI-driven ordering systems in drive-thru lanes, the presence of AI technology is becoming more apparent in food-related services. This shift is a response to the changing consumer behavior