sap SAP Reports Strong Q2 Profit Surge Despite Ongoing Pandemic SAP exceeds expectations for the second quarter of 2020 with significant growth in cloud revenue and operating profit. The enterprise software giant credits its diversified portfolio and customer demand for digital resilience.
garmin Garmin Confirms Ransomware Attack Behind Massive Global Outage Garmin reveals that a cyber attack encrypted internal systems and caused widespread service disruptions. The company assures users that no customer data is compromised and expects normal operations to resume shortly.
microsoft teams Microsoft Teams Overtakes Zoom in Remote Work Usage Growth New research from Aternity reveals that Microsoft Teams experiences higher usage growth than Zoom, overtaking the video conferencing giant after recent security missteps. Employees rely heavily on direct audio and video calls for one-on-one interactions during the shift to remote work.
oneplus OnePlus Nord Debuts as High-Value Mid-Range Smartphone Under $500 OnePlus officially unveils the Nord, a sub-$500 smartphone packing premium features like a 90Hz display and Snapdragon 765G processor. The device launches in Europe and India alongside the new OnePlus Buds.
garmin Garmin Confirms Cyber Attack Caused Massive Connect Outage Garmin confirms a cyber attack is behind a major outage that took down its Connect services, website, and call centers. The company states that no user data was compromised during the breach.
schrems ii European Court Strikes Down EU-US Privacy Shield Data Transfer Agreement The Court of Justice of the European Union invalidates the Privacy Shield framework due to concerns over US government surveillance practices. Companies must now navigate complex case-by-case assessments to legally transfer personal data across the Atlantic.
twitter Twitter Bitcoin Scam Fueled by Internal Tool Access and SIM Swappers A massive Twitter breach compromises high-profile accounts to promote a bitcoin scam, netting attackers over $100,000. Evidence suggests the perpetrators are experienced SIM swappers who social-engineered a Twitter employee.
gpt-3 GPT-3 Hype Outpaces Reality as OpenAI Opens Profit-Driven API OpenAI releases GPT-3, a massive 175-billion parameter text generation model accessible only through a paid API. Despite viral demonstrations of coding and absurdism, the current hype surrounding the model vastly outpaces its actual capabilities.
amazon House Subcommittee Presses Amazon on Ring Police Partnerships and Privacy Risks A House subcommittee demands Amazon clarify how its Ring doorbell cameras and Neighbors app interact with law enforcement. Lawmakers threaten to end these police partnerships if the company fails to address mounting surveillance and privacy concerns.
amazon Amazon Ring Partners With Police Departments Linked to Fatal Encounters Amazon's Ring doorbell cameras facilitate thousands of police video requests each quarter, and an analysis reveals that roughly half of partner law enforcement agencies have been responsible for fatal encounters in the last five years.
intel Intel 7nm Delay Forces Major Strategy Shift Amid AMD Pressure Intel reveals a six-month delay for its 7nm manufacturing process due to a design defect, pushing the timeline a full year behind original expectations. The chipmaker now considers using external foundries to keep products on schedule.
garmin Garmin Confirms Cyberattack Caused Massive Global Outage Garmin acknowledges a cyberattack is behind the widespread outage that disrupts its online services and fitness apps. The company states that no customer data is compromised and that system restoration is actively underway.
garmin Garmin Services Slowly Recover After Major Outage Disrupts Fitness Tracking Garmin is gradually restoring its fitness services after a widespread outage leaves users unable to sync workout data. The company attributes the disruption to an IT outage, though a cyber attack remains a possible cause.
covid-19 Global COVID-19 Surges as Chicago Removes Columbus Statues Nations worldwide report record-breaking daily COVID-19 infections and deaths while Chicago removes controversial Christopher Columbus monuments amid ongoing protests. Meanwhile, Muslims hold Friday prayers at Istanbul's Hagia Sophia following its recent reconversion to a mosque.
microsoft Microsoft Patches Critical Wormable DNS Server Flaw in July Update Microsoft addresses 123 vulnerabilities in its July 2020 Patch Tuesday, highlighting a critical wormable remote code execution flaw in Windows DNS Server. Experts warn that this severe bug allows attackers to spread malware automatically without user interaction.