Day: July 5, 2021

Thinking about selling your Echo Dot—or any IoT device? Turns out passwords and other data remain even after a reset

Posted on by Robin Edgar

Like most Internet-of-things (IoT) devices these days, Amazon’s Echo Dot gives users a way to perform a factory reset so, as the corporate behemoth says, users can “remove any… personal content from the applicable device(s)” before selling or discarding them. But researchers have recently found that the digital bits that remain on these reset devices Read more about Thinking about selling your Echo Dot—or any IoT device? Turns out passwords and other data remain even after a reset[…]

TikTok’s AI is now available to other companies

Posted on by Robin Edgar

TikTok’s AI is no longer a secret — in fact, it’s now on the open market. The Financial Times has learned that parent company ByteDance quietly launched a BytePlus division that sells TikTok technology, including the recommendation algorithm. Customers can also buy computer vision tech, real-time effects and automated translations, among other features. BytePlus debuted Read more about TikTok’s AI is now available to other companies[…]

FTC Charges Broadcom With Monopolization of Chip Industry

Posted on by Robin Edgar

The Federal Trade Commission has filed charges against Broadcom over allegations that the chip maker monopolized the market for semiconductor components, the agency announced Friday. According to the commission’s complaint, Broadcom entered into long-term exclusivity and loyalty agreements with both original equipment manufacturers and service providers to prevent them from buying chips from Broadcom’s rivals. Read more about FTC Charges Broadcom With Monopolization of Chip Industry[…]

Jeff Bezos Steps Down as Amazon’s CEO After 27 Years

Posted on by Robin Edgar

DAN HOWLEY: On July 5, Jeff Bezos, the richest person on Earth, will officially step down as CEO of the company he founded in 1994. Amazon will continue to exist, of course. It’s one of the wealthiest publicly traded companies in the world with a market capitalization of $1.7 trilion […] As for Bezos, he’ll Read more about Jeff Bezos Steps Down as Amazon’s CEO After 27 Years[…]

Largest ransomware attack ever through hacked Kaseya software by REvil. Thousands of victims in at least 17 countries. $70m asked to decrypt the lot.

Posted on by Robin Edgar

Cybersecurity teams worked feverishly Sunday to stem the impact of the single biggest global ransomware attack on record, with some details emerging about how the Russia-linked gang responsible breached the company whose software was the conduit. An affiliate of the notorious REvil gang, best known for extorting $11 million from the meat-processor JBS after a Read more about Largest ransomware attack ever through hacked Kaseya software by REvil. Thousands of victims in at least 17 countries. $70m asked to decrypt the lot.[…]