Cyber Security Today, Jan. 31, 2024 – A new ransomware strain found, and questions about the level of ransomware payments
A new ransomware strain found, and questions about the level of ransomware payments. Welcome to Cyber Security Today. It’s Wednesday, January 31st, 2024. I’m Howard Solomon, contributing reporter on cybersecurity for ITWorldCanada.com and TechNewsday.com in the U.S. A new ransomware strain has been circulating for almost a year. According to
Read moreDespite glimmers of profit, most African neobanks remain in the red
It was only just over a year ago that McKinsey described Africa’s financial technology landscape as a “hotbed for investment.” Fast forward to today, and startups on the continent are facing many of the same problems plaguing fintechs in more mature markets like the U.K. and the U.S.: valuations are tanking,
Read moreHashtag Trending Jan.31- Ransomware payments declining? ChatGPT leaking chat histories; UK law may ban Apple from issuing security updates worldwide
Hey out there. Someone wrote me yesterday to tell me that they had tried to pass on how to subscribe, but it was difficult to find Hashtag Trending – apparently a lot of similar names. Changing the name of the podcast is a big deal, but finding us isn’t.
Read moreSundar Pichai says Google One cloud storage service has nearly 100M subscribers
Google CEO Sudar Pichai said that the company’s Google One cloud storage service is ” just about to cross” 100 million subscribers. Speaking during Alphabet’s Q4 2023 earning call, Pichai added that the company is looking to add more AI-powered features to the Google One service. The search giant first
Read moreAccel eyes new India fashion e-commerce bet with Newme
Accel, an early investor in Indian e-commerce giants Flipkart and Myntra, is preparing a new fashion e-commerce bet in India even as competition intensifies with the recent expansion of Mukesh Ambani’s Ajio platform. Accel is in advanced talks to lead a $15-20 million funding round into Newme, an Indian fast-fashion
Read moreWattpad, a storytelling platform, conducts another layoff round
Wattpad, a Toronto-based storytelling platform owned by Naver’s Webtoon Entertainment, conducted another round of layoffs earlier this month. Wattpad has cut around 30 jobs, or roughly 15% of its workforce, a source familiar with the situation told TechCrunch. According to local media outlets, including The Korea Economic Daily, the cut impacted
Read moreCanadian government investigating another hack at Global Affairs
The Canadian government is investigating what could be a major data breach at its foreign affairs department. CBC News says there is an investigation into what it calls a prolonged data security breach on the internal network of Global Affairs Canada. At least two internal hard drives, as well as
Read moreElon Musk’s $56B Tesla pay deal is unfair, judge rules
A Delaware judge ruled Tuesday that Elon Musk’s $56 billion multi-billion pay package is unfair, voiding the largest in compensation deal in corporate history. The decision, issued Tuesday in the Delaware Court of Chancery by Judge Kathaleen McCormick, means that Musk, the world’s richest person, can’t keep the 2018 compensation
Read moreRetailers at critical juncture due to severe tech gaps: SOTI study
A new study released today reveals that the retail industry in Canada and elsewhere around the world faces major challenges as a result of consumers experiencing a major “disconnect between their shopping expectations and the in-store reality.” The study, conducted by Mississauga-based SOTI, a provider of mobile and IoT device
Read moreOfcom report finds 1 in 5 harmful content search results were ‘one-click gateways’ to more toxicity
Move over, TikTok. Ofcom, the U.K. regulator enforcing the now official Online Safety Act, is gearing up to size up an even bigger target: search engines like Google and Bing and the role that they play in presenting self-injury, suicide and other harmful content at the click of a button,
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