What CISOs need to learn from WannaCry

In 2017 — for the first time in over a decade — a computer worm ran rampage across the internet, threatening to disrupt businesses, industries, governments and national infrastructure across several continents. The WannaCry ransomware attack became the biggest threat to the internet since the Mydoom worm in 2004. On May 12, 2017, the worm […]

The next service marketplace wave: Vertical market-networks

Ivan Smolnikov Contributor The last few decades have produced many successful marketplaces. We went from goods marketplace pioneers such as eBay and Amazon to simple service marketplaces such as Uber, Lyft, Doordash, Upwork, Thumbtack, TaskRabbit, and Fiverr. But why haven’t we seen many successful B2B service marketplaces? Table of Contents Why Many B2B Service Marketplaces […]

Fintech platform Synapse raises $33M to build ‘the AWS of banking’

Synapse, a San Francisco-based startup that operates a platform enabling banks and fintech companies to easily develop financial services, has closed a $33 million Series B to develop new products and go after international expansion. The investment was led by Andreessen Horowitz, with participation from existing backers Trinity Ventures and Core Innovation Capital . Synapse […]

Foxconn halts some production lines for Huawei phones, according to reports

Huawei, the Chinese technology giant whose devices are at the center of a far-reaching trade dispute between the U.S. and Chinese governments, is reducing orders for new phones, according to a report in The South China Morning Post. According to unnamed sources, the Taiwanese technology manufacturer Foxconn has halted production lines for several Huawei phones after […]

TikTok parent Bytedance is reportedly working on its own smartphone

It’s been a busy couple of months for Bytedance, one of the world’s most valuable startups and the operator of globally popular video app TikTok. The Beijing-based company has continued to grow its list of apps to include the likes of work collaboration tool Lark, an instant messenger called Feiliao as well as a music streaming […]

Apple, Amazon, Google, Microsoft and Mozilla release patches for ZombieLoad chip flaws

Big tech is stepping in to patch newly disclosed security flaws affecting almost every Intel chip since 2011. Researchers on Tuesday released details of the vulnerability, known as ZombieLoad — or microarchitectural data sampling (MDS) as its technical name — which can leak sensitive data stored in the processor, such as passwords, secret keys and […]

New secret-spilling flaw affects almost every Intel chip since 2011

Security researchers have found a new class of vulnerabilities in Intel chips which, if exploited, can be used to steal sensitive information directly from the processor., The bugs are reminiscent of Meltdown and Spectre, which exploited a weakness in speculative execution, an important part of how modern processors work. Speculative execution helps processors predict to […]

Apple CEO Tim Cook talks WWDC student program, coding initiatives and SAP

For the past few years, Apple has been inviting student developers to attend its WWDC conference, which centers on development topics and software. A few students from this year’s batch are getting some more personal attention from Apple as it tries to raise awareness of the program and coding literacy via its Swift Playgrounds and […]

Xiaomi Q4 sees strong growth in overseas shipment and internet services

Xiaomi, the Chinese company known for its cheap handsets and a vision to drive revenues by selling internet services, has come in ahead of analysts’ estimates in its fourth-quarter profit although revenues missed expectations. The Hong Kong-listed company more than tripled its net profit to 1.85 billion yuan ($276 million), exceeding the 1.7 billion yuan […]

In major TV push, China’s Xiaomi buys 0.5% stake in TCL

A veteran TV maker just got a notable refresh as it enters the age of connected devices. Xiaomi, the Beijing-based firm best known for budget smartphones, has bought 65.2 million shares, or 0.48 percent, of Chinese home appliance maker TCL, said TCL in a statement to the Shenzhen Stock Exchange on Sunday. Shares of TCL, the world’s third-largest […]