Author: Zech
Software development for connected devices and IoT applications is a whole other beast than the granular work that web and development teams experience every day. Beyond what anyone thinks about firmware development (drivers, peripherals, device trees, etc.), IoT teams that don’t have the right development practices in place are unlikely to meet production deadlines and often put the future of their entire company at risk. Join this expert-led panel to transform your approach to firmware integration and deployment. Gain valuable insights as former Engineering Directors from Apple, Tesla, and Google (now a fast-growing startup) reveal how they adapted their elite…
The financial services company’s Mexico and Brazil units will each have $100 million in funding, with corporate venture capital arm Saison Capital playing a key role. Photo of Saison International President and CEO Kosuke Mori Japanese financial services group Credit Saison is investing $200 million in Latin American startups to expand into Brazil and Mexico. The company is investing $100 million each in its newly established subsidiaries, Credit Saison Brazil and Credit Saison Mexico, which will provide equity and debt financing to entrepreneurs, start-ups and SMEs. Equity investments will be made either directly through Saison Capital or through local venture…
Gary John Norman/DigitalVision via Getty Images “Nothing is as important as we think it is.” – Daniel Kahneman To briefly recap, a bug in a CrowdStrike (NASDAQ:CRWD) update caused a massive Windows outage this week, resulting in the company’s shares falling by roughly a third, ratings being downgraded and its price dropping, and sparking debate over cybersecurity protocols, ramifications, and network system vulnerabilities. Dramatic changes in stock prices are difficult to evaluate and often result in a mismatch between fair value and reflected price. Many investors experience a fight or flight response, resulting in unwarranted selling due to herd behavior…
Bad actors are using AI as a weapon of destruction.Getty In the dark corridors of the digital world, artificial intelligence (AI) has not only become a tool for progress and innovation, but also a weapon in the hands of the wrongdoers. From cybercriminals to unethical corporations and rogue nations, these predators are using AI to manipulate people, undermine democratic processes, and erode trust in the digital ecosystem. Unfortunately, given the nefarious ways in which AI is being used to manipulate the general public, society seems slow to feel the urgency to recognize and act. AI: A double-edged sword As a…
Landmark, the data-driven technology solutions and services business for the oil and gas industry of US-based oilfield services giant Halliburton, has signed an agreement with US-based edge computing platform Armada, looking to maximize its capabilities.Illustration, source: Halliburton The two companies have signed an iEnergy Partnership agreement, enabling Armada to join Halliburton’s iEnergy ecosystem, described as an engineering cloud that connects the field to the boardroom by deploying, integrating and managing exploration and production (E&P) cloud applications across the enterprise. The collaboration aims to maximize the capabilities of Halliburton’s DecisionSpace365 and other third-party applications at the edge. Dan Wright, CEO of…
BEIJING, July 29, 2024 /PRNewswire/ — WiMi Hologram Cloud Inc. (NASDAQ: WIMI) (“WiMi” or the “Company”), a leading global hologram augmented reality (AR) technology provider, today announced that its blockchain-based privacy security protection framework provides an innovative solution for secure data sharing and collaboration in smart cities. The solution not only integrates the decentralized, transparent and immutable advantages of blockchain technology, but also deeply integrates a variety of advanced encryption and authentication technologies, aiming to establish a safe and efficient smart city IoT data sharing ecosystem and ensure the security and integrity of IoT data.In a blockchain-based privacy and security…
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Threat actors claim to be selling the source code for the infamous Trik botnet (aka Phorpiex) in antivirus (AV) circles. This C++ botnet has a set of modules that make it a powerful threat to cyber security. The sale was announced by ThreatMon on social media, raising concerns among cybersecurity experts and organizations around the world. Main features of the bot The Trik botnet is a persistent HTTP loader with multiple malicious capabilities. Unlike many other botnets, it does not require a control panel, making it more difficult to detect and dismantle. The botnet contains a crypto clipper, a USB…
Check Point Software Technologies (NASDAQ:CHKP) Q2 2024 EarningsKey Financial ResultsRevenue: US$627.4 million (up 6.6% from Q2 2023).Net income: US$197.4 million (down 2.3% from 2Q23).Margin: 32% (down from 34% in Q2 2023). The decline in margin is due to increased expenses.Earnings per share: $1.78.Revenue and Revenue GrowthAll figures shown in the chart above are for the trailing twelve month (TTM) period.Check Point Software Technologies Lives Up to ExpectationsRevenues were in line with analysts’ expectations. Earnings per share (EPS) were also in line with analysts’ expectations.Looking ahead, revenue is expected to grow at an average annual rate of 5.0% over the next…
Philadelphia’s burgeoning robotics industry stands to score another economic win. Ghost Robotics, a University of Pennsylvania company that has recently been attracting attention for the military use of its “robot dogs,” officially announced today that it has been acquired by a major South Korean defense company. Aerospace manufacturer LIG Nex 1 acquired a 60% controlling stake in Ghost for $240 million, bringing the startup’s total valuation to $400 million. The megadeal isn’t expected to bring any dramatic changes to the Philadelphia-founded company, according to co-founder and CEO Gavin Kennealy. “Ghost Robotics will be headquartered in Philadelphia,” Kennealy told Technical.ly. “Management…