Tech News – 2024-05-31

Cyberthreats Increase Within the Construction Industry A recent May 2024 Kroll report highlights a worrying trend: cyberattackers are increasingly targeting the construction sector. The report underscores a doubling in incident responses for construction companies, from 3% to 6% year-over-year in Q1 2024. Experts attribute this spike to the large number of invoices and vendors in…

Tech News – 2024-05-29

OpenAI Revises NDA Policy Amid Equity Forfeiture Controversy In a remarkable turn of events, OpenAI’s CEO Sam Altman has acknowledged the error in pressuring former employees into signing restrictive non-disclosure agreements (NDAs), which included threats of forfeiting vested equity should they refuse. The controversy was brought to light following the departure of key personnel from…

Tech News – 2024-05-27

Target Entices Shoppers with Substantial Price Cuts Amidst a competitive retail environment, Target has initiated a bold strategy to draw consumers back into its stores by implementing significant price reductions on roughly 5,000 items. This move reflects the company’s efforts to remain a formidable contender in the retail space, particularly as customers grow increasingly discerning…

Tech News – 2024-05-24

Target Entices Shoppers with Price Cuts on Thousands of Items Retail giant Target is on a mission to lure consumers by implementing significant price reductions on approximately 5,000 products. Amidst varying economic forecasts and shifting consumer spending habits, Target’s aggressive pricing strategy seems aimed at bolstering foot traffic and sustaining its market share. The move…

Tech News – 2024-05-22

Feds is watchin’ In the wake of President Joe Biden’s 2023 executive order on artificial intelligence (AI), the Office of Personnel Management (OPM) has taken definitive steps toward integrating AI within federal agencies. With the publication of a new competency model and hiring guidance, the OPM met the 180-day deadline imposed by the executive order,…

Tech News – 2024-05-20

Investors Eye AI Startups for Future-Proof Solutions The rapidly advancing field of artificial intelligence (AI) is drawing significant attention from investors, with a focus on startups that not only address current technological needs but also have a vision for long-term transformation. Venture capitalists are on the lookout for innovative AI companies capable of bringing about…

Tech News – 2024-05-17

Secure by Design Pledge Gains Momentum Among Tech Giants Dozens of leading technology companies have advanced their commitment to cybersecurity by supporting the “Secure by Design” pledge. Prominent industry players such as Amazon Web Services, Google, and Microsoft, along with numerous cybersecurity firms, endorsed the initiative at the RSA Conference 2024, promising to report on…

Tech News – 2024-05-15

Cybersecurity Expertise Grows Amid Rising Data Breaches As companies grapple with the escalating frequency and sophistication of cyberattacks, there’s a silver lining in the cybersecurity sphere. Professionals in the industry are becoming increasingly adept at spotting and responding to phishing attempts, as evidenced by Verizon Business’s 2024 Data Breach Investigations Report (DBIR). The report, dealing…

Tech News – 2024-05-13

AI at Work: LinkedIn Integrates Advanced Technology for a Smarter User Experience In the realm of professional networking, LinkedIn has consistently been at the forefront of adopting innovative technologies. As behind-the-scenes insight reveals, artificial intelligence (AI) isn’t a stranger to the platform. LinkedIn’s software engineering teams have leveraged AI to enhance user experience for years.…

Tech News – 2024-05-10

LinkedIn Embraces AI for a Modern Workforce The professional networking platform LinkedIn has increasingly integrated artificial intelligence (AI) to enhance user experience, ranging from curated content feeds to personalized connection suggestions. Juan Bottaro, a principal staff software engineer at LinkedIn, details the company’s decade-long journey with AI, emphasizing the sophisticated algorithms that dictate what notifications…