Month: August 2024
Intel Weighs Options Including Foundry Split To Stem Losses
Intel is working with investment bankers to help navigate the most difficult period in its 56-year history, Bloomberg reports, citing people familiar with the matter. From the report: The company is discussing various scenarios, including a split of its product-design and manufacturing businesses, as well as which factory projects might potentially be scrapped, said the people, who asked not to be identified because the deliberations are private. Morgan Stanley and Goldman Sachs, Intel’s longtime bankers, have been providing advice on the possibilities, which could also include potential M&A, the people said. The discussions have only grown more urgent since the Santa Clara, California-based company delivered a grim earnings report this month, which sent the shares plunging to their lowest level since 2013.
Read more of this story at Slashdot.
Intel is working with investment bankers to help navigate the most difficult period in its 56-year history, Bloomberg reports, citing people familiar with the matter. From the report: The company is discussing various scenarios, including a split of its product-design and manufacturing businesses, as well as which factory projects might potentially be scrapped, said the people, who asked not to be identified because the deliberations are private. Morgan Stanley and Goldman Sachs, Intel’s longtime bankers, have been providing advice on the possibilities, which could also include potential M&A, the people said. The discussions have only grown more urgent since the Santa Clara, California-based company delivered a grim earnings report this month, which sent the shares plunging to their lowest level since 2013.
Read more of this story at Slashdot.
City of Columbus sues man after he discloses severity of ransomware attack
Mayor said data was unusable to criminals; researcher proved otherwise.
Enlarge (credit: Getty Images)
A judge in Ohio has issued a temporary restraining order against a security researcher who presented evidence that a recent ransomware attack on the city of Columbus scooped up reams of sensitive personal information, contradicting claims made by city officials.
The order, issued by a judge in Ohio’s Franklin County, came after the city of Columbus fell victim to a ransomware attack on July 18 that siphoned 6.5 terabytes of the city’s data. A ransomware group known as Rhysida took credit for the attack and offered to auction off the data with a starting bid of about $1.7 million in bitcoin. On August 8, after the auction failed to find a bidder, Rhysida released what it said was about 45 percent of the stolen data on the group’s dark web site, which is accessible to anyone with a TOR browser.
Dark web not readily available to public—really?
Columbus Mayor Andrew Ginther said on August 13 that a “breakthrough” in the city’s forensic investigation of the breach found that the sensitive files Rhysida obtained were either encrypted or corrupted, making them “unusable” to the thieves. Ginther went on to say the data’s lack of integrity was likely the reason the ransomware group had been unable to auction off the data.
Replacing an EV Battery Is Expensive, But Would You Ever Need To?
Battery technology has come a long way, and EV batteries can last more than 100,000 miles these days.
Battery technology has come a long way, and EV batteries can last more than 100,000 miles these days.
Take the Stress Out of Back-to-School Meal-Planning with Customizable Family Plans from HelloFresh
America’s most popular meal kit makes home-cooked meals without the hassle of grocery shopping and prepping, and makes it easy to customize dinner to suit even the pickiest of eaters.
America’s most popular meal kit makes home-cooked meals without the hassle of grocery shopping and prepping, and makes it easy to customize dinner to suit even the pickiest of eaters.
Harmful “nudify” websites used Google, Apple, and Discord sign-on systems
Sign-on systems from Big Tech companies have been incorporated into deepfake generators.
Enlarge (credit: Photo illustration by Jacqui VanLiew/WIRED; Getty Images)
Major technology companies, including Google, Apple, and Discord, have been enabling people to quickly sign up to harmful “undress” websites, which use AI to remove clothes from real photos to make victims appear to be “nude” without their consent. More than a dozen of these deepfake websites have been using login buttons from the tech companies for months.
A WIRED analysis found 16 of the biggest so-called undress and “nudify” websites using the sign-in infrastructure from Google, Apple, Discord, Twitter, Patreon, and Line. This approach allows people to easily create accounts on the deepfake websites—offering them a veneer of credibility—before they pay for credits and generate images.
Nab the Anker Solix F3800 Bundle for a Massive $2,498 Off at Amazon During Labor Day
This Anker Solix 3800 portable power station bundle is a whopping $2,498 off at Amazon. That means Labor Day is a great time to score this deal.
This Anker Solix 3800 portable power station bundle is a whopping $2,498 off at Amazon. That means Labor Day is a great time to score this deal.
The Creators of ‘Industry’ Know Banking Is a Rigged Game
The HBO drama about the Machiavellian world of high finance is an undeniable hit—and cocreators Mickey Down and Konrad Kay say “coke and boats” is just the beginning.
The HBO drama about the Machiavellian world of high finance is an undeniable hit—and cocreators Mickey Down and Konrad Kay say “coke and boats” is just the beginning.
Think You Can’t Qualify for a Small Business Credit Card? Think Again
If you have a side hustle, you could be earning rewards for your expenses.
If you have a side hustle, you could be earning rewards for your expenses.