Venture Capital Investment in Cybersecurity Slumps The stream of venture capital into cybersecurity firms seems to have run dry, as new data reveals a 20% year-over-year decrease in investments. According to Pinpoint Search Group’s research, Q1 of 2024 only saw $2.3 billion invested in the sector, plunging to a near three-year low. Despite this downturn,…
TikTok Under New Legislation: Potential Forced Sale Looms The social media behemoth TikTok is currently under intense scrutiny after President Biden enacted legislation that could compel the sale of the viral video-sharing app. With national security concerns cited by U.S. lawmakers, the future ownership of TikTok hangs in the balance. If sold, the app would…
HP Faces New Class-Action Suit Over Firmware Ink Locks Tech heavyweight HP is enmeshed in litigation once again as a fresh class-action lawsuit challenges its controversial firmware updates that prevent the use of third-party ink cartridges. The suit alleges that HP has reneged on previous settlements and continues to monopolize the aftermarket for replacement ink,…
Cloud Spending Reaches New Heights Amid Repatriation Debate The digital sky is bustling with activity as businesses continue to invest heavily in cloud technology, despite a growing trend towards cloud repatriation—moving digital workloads from the cloud back to on-site data centers. This shift is stirring a debate within the tech industry about the practicality and…
Security for All: Embracing Inclusivity in Cybersecurity with Women in Cybersecurity (WiCyS) Women in Cybersecurity (WiCyS), a noteworthy nonprofit organization, is shattering the barriers in tech by championing inclusivity within the cybersecurity domain. In a recent gathering, WiCyS brought together nearly 2,000 professionals representing 19 countries, highlighting the collective determination to break the glass ceiling…
C-Suite Update: Four Seasons Welcomes New CTO Amid Tech Leadership Shifts March has witnessed another round of tech executives repositioning themselves in the industry’s C-suite echelon. The latest announcement comes from luxury hospitality giant Four Seasons, which has appointed Sudhakar Veluru as its new Executive Vice President and Chief Technology Officer. Prior to his new…
China’s Keys to Computing: Bridging the Character Input Gap China’s approach to computing has always been unique due to its character-based writing system, which requires distinct methods for digital input. According to Tom Mullaney, a Stanford professor and author of an upcoming book on this topic, Chinese users must think “entirely in code” when using…
Intruder Alert in Microsoft’s Cloud Environment A significant cybersecurity breach involving Chinese threat actors has made headlines following the Cyber Safety Review Board’s (CSRB) report published on March 20. The CSRB’s investigation revealed that the summer 2023 intrusion into Microsoft’s cloud services, impacting over 500 individuals and 22 organizations worldwide, could have been thwarted with…
MFA Bypass Techniques Threaten Code Repositories Security experts have raised alarms as new multi-factor authentication (MFA) bypass techniques put developers and their code repositories at high risk. A recent report from Checkmarx highlighted the sophistication of attacks targeting community-driven platforms like PyPI and GitHub, where threat actors cleverly mask malicious code within deceptive packages and…
Electric Car Industry in Distress as Tesla Faces Major Setbacks The electric vehicle industry is hitting some speed bumps, with Tesla at the epicenter of the current turmoil. Amidst a broader market downturn and increasing competition, the leading EV manufacturer is navigating through a patch of tough news that could impact its dominance in the…