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The FBI warned organizations to guard against the Scattered Spider hacking group, which has breached dozens of American organizations over the past year, stealing their sensitive data for extortion. The FBI alert follows a Reuters report this week that said the agency had struggled to stop these hackers that are known to be skilled at using fake profiles and impersonations to trick a victim organisation's help desk into giving them access. They were behind the September hacks into casino companies MGM Resorts International and Caesars Entertainment, but have intruded various organisations from telecom companies to healthcare groups, security researchers say...
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On Wednesday, XPeng Inc (NYSE: XPEV) delivered its third quarter results that showed aggressive promotions with which the EV maker responded to Tesla Inc (NASDAQ: TSLA), who kicked off a price war at the beginning of a year, took a toll on its bottom line. XPeng Reported Its Losses Widened For the quarter ended on September 30th, revenue surged 22% YoY to $1.17 billion, slightly missing FactSet’s estimate of $1.19 billion. But this is XPeng’s first revenue gain since 2022’s third quarter as well...
Continue ReadingGiven Amazon's vast range of inventory, it's hard to believe the online retail giant was once nothing more than a humble online bookseller. Amazon has launched a new partnership with Hyundai Motor Company that will allow consumers to shop for a car online in 2024. Customers will be able to go onto Amazon and search for available vehicles in their area based on different preferences, including model, color, and features...
Continue ReadingApple wants no part of Google's addition of end to-end encryption to RCS, and the iPhone maker will instead work with the standards body to mandate a universal version instead...
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Apple plans to adopt a messaging standard next year that will allow for a smoother texting experience between iPhones and Android devices, Bloomberg News reported on Thursday. The company has been pushing back on the Rich Communication Services (RCS) standard for more than a year, even as Alphabet's Google and others have pressured the iPhone maker to adopt the technology, the report said. Apple did not immediately respond to a Reuters request for comment...
Continue ReadingThe highly anticipated summit between Presidents Biden and Xi did deliver some news but the status of Trump-era tariffs on a range of Chinese goods was largely avoided even with a key deadline looming in just six weeks...
Continue ReadingGrowth stocks Investors turned away from software companies with consumption, or usage-based business models amid a slowdown in corporate spending on cloud computing services. But the cloud tide may be turning...
Continue ReadingCheck out how two pioneering veterans are shaping the future of AI, offering a unique blend of reliable growth for savvy investors...
Continue ReadingTech company’s move is the latest setback to Linda Yaccarino’s efforts to convince brands Elon Musk’s platform is safe...
Continue ReadingApple plans to add support for the RCS standard on iOS next year, the iPhone-maker said Thursday in a major reversal that would resolve the widespread issue of compatibility in text messaging between iPhones and Android smartphones, a concern affecting millions worldwide known colloquially as the "green bubble" dread. Apple's longstanding unwillingness to support RCS has perpetuated fragmentation in messaging ecosystems, particularly affecting Android users, critics have argued over the years. A...
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