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Tesla board members to return $735M in compensation settlement

Tesla board members to return $735M in compensation settlement 19/07/2023 at 00:02 By Brandon Vigliarolo Look who is learning to share: Deal includes no admission of fault, naturally Tesla’s board of directors has settled a case with shareholders who accused its members of awarding themselves oversized compensation packages.… This article is an excerpt from The

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Make chips, not trade wars, says Semiconductor Industry Association

Make chips, not trade wars, says Semiconductor Industry Association 18/07/2023 at 23:03 By Dan Robinson Industry body warns against political rhetoric or US subsidy efforts will be diminished The US Semiconductor Industry Association (SIA) has stepped into the fray to lower tensions between Washington and Beijing over chip exports, as well as calling for further

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AWS and Azure own lion’s share of $120B cloud infrastructure market

AWS and Azure own lion’s share of $120B cloud infrastructure market 18/07/2023 at 22:19 By Dan Robinson China’s Alibaba comes in third followed by Google and Huawei The global market for cloud infrastructure services grew by 30 percent last year, exceeding $100 billion in value for the first time and two lions account for nearly

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If you’re going to train AI on our books, at least pay us, authors tell Big Tech

If you’re going to train AI on our books, at least pay us, authors tell Big Tech 18/07/2023 at 20:33 By Katyanna Quach Also: OpenAI enters deals with the Associated Press and Shutterstock to license content, and more AI in brief  More than 8,000 writers have signed an open letter penned by the US Authors

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Auroras – the solar system’s universal light show (except Neptune… sorry, Neptune)

Auroras – the solar system’s universal light show (except Neptune… sorry, Neptune) 18/07/2023 at 19:07 By Lindsay Clark Data from 2021 Mercury flyby shows same mechanisms cause phenomena throughout our star system Scientists have found that the fundamental mechanism behind the spectacular light shows of auroras on Earth are universal throughout the solar system.… This

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Unidentified object on Australian beach may be part of Indian rocket launcher

Unidentified object on Australian beach may be part of Indian rocket launcher 18/07/2023 at 17:39 By Laura Dobberstein Probably not aliens, maybe The Australian Space Agency said on Monday it was making enquiries related to a mysterious cylindrical object that washed ashore on Western Australia’s Jurien Bay.… This article is an excerpt from The Register

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Pakistani Entities Targeted in Sophisticated Attack Deploying ShadowPad Malware

Pakistani Entities Targeted in Sophisticated Attack Deploying ShadowPad Malware 18/07/2023 at 17:38 By An unidentified threat actor compromised an application used by multiple entities in Pakistan to deliver ShadowPad, a successor to the PlugX backdoor that’s commonly associated with Chinese hacking crews. Targets included a Pakistan government entity, a public sector bank, and a telecommunications provider, according

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Recycling giant TOMRA pulls systems offline following ‘extensive cyberattack’

Recycling giant TOMRA pulls systems offline following ‘extensive cyberattack’ 18/07/2023 at 16:02 By Paul Kunert Says baddies launched attack at weekend, isolates parts of tech infrastructure to contain spread Norwegian mining and recycling giant TOMRA says it has isolated tech systems as it deals with an “extensive cyberattack.”… This article is an excerpt from The

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VirusTotal Data Leak Exposes Some Registered Customers’ Details

VirusTotal Data Leak Exposes Some Registered Customers’ Details 18/07/2023 at 14:46 By Data associated with a subset of registered customers of VirusTotal, including their names and email addresses, have leaked on the internet. The security incident, which comprises a database of 5,600 names in a 313KB file, was first disclosed by Der Spiegel and Der Standard yesterday. Launched in

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Go Beyond the Headlines for Deeper Dives into the Cybercriminal Underground

Go Beyond the Headlines for Deeper Dives into the Cybercriminal Underground 18/07/2023 at 14:46 By Discover stories about threat actors’ latest tactics, techniques, and procedures from Cybersixgill’s threat experts each month. Each story brings you details on emerging underground threats, the threat actors involved, and how you can take action to mitigate risks. Learn about

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FIN8 Group Using Modified Sardonic Backdoor for BlackCat Ransomware Attacks

FIN8 Group Using Modified Sardonic Backdoor for BlackCat Ransomware Attacks 18/07/2023 at 13:35 By The financially motivated threat actor known as FIN8 has been observed using a “revamped” version of a backdoor called Sardonic to deliver the BlackCat ransomware. According to the Symantec Threat Hunter Team, part of Broadcom, the development is an attempt on the part of

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Microsoft ‘fesses to code blunder in Azure Container Apps

Microsoft ‘fesses to code blunder in Azure Container Apps 18/07/2023 at 12:04 By Paul Kunert Misconfiguration led to hours of pain for engineers as bootstrap service caught in a loop A code deployment for Azure Container Apps that contained a misconfiguration triggered prolonged log data access issues, according to a technical incident report from Microsoft.…

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Samsung ‘closing the gap’ with TSMC on 3nm, 4nm

Samsung ‘closing the gap’ with TSMC on 3nm, 4nm 18/07/2023 at 10:33 By Tobias Mann The race to 2nm is getting crowded as Intel, Japan’s Rapidus enter the fray Samsung Electronics has reportedly caught up with rival Taiwan Semiconductor Manufacturing Co. (TSMC) in advanced processor design, achieving comparable yields for both 4nm and 3nm nodes.…

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Cybercriminals Exploiting WooCommerce Payments Plugin Flaw to Hijack Websites

Cybercriminals Exploiting WooCommerce Payments Plugin Flaw to Hijack Websites 18/07/2023 at 10:03 By Threat actors are actively exploiting a recently disclosed critical security flaw in the WooCommerce Payments WordPress plugin as part of a massive targeted campaign. The flaw, tracked as CVE-2023-28121 (CVSS score: 9.8), is a case of authentication bypass that enables unauthenticated attackers to impersonate

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