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Wyze Data Breach Exposes 2.4 Million Customers

Security camera manufacturer Wyze is the latest company to experience a data breach, exposing sensitive data of 2.4 million users. According to Twelve Security, the cybersecurity firm that first discovered the leak, two production databases were left completely open to the...
Posted On 31 Dec 2019
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Amazon Is NOT Going To Put Everyone Out of Business

“Amazon is not going to put everyone out of business,” says retail guru Dan Hurwitz of Raider Hill Advisors. ”In fact, they’ve taught a lot of retailers how to distribute goods properly. They’re actually going to help a lot of retailers thrive at the end of the day. In our...
Posted On 21 Dec 2019
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Nuvoton Purchasing Panasonic Semiconductor Business For $250 Million

Nuvoton Technology Corporation announced in a press release that it was purchasing Panasonic Semiconductor Solutions’ (PSCS) semiconductor business to the tune of $250 million. Panasonic has been aggressively trying to cut $920 million by the year ending March 2022. Its...
Posted On 29 Nov 2019
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PayPal Acquires Price Comparison Tool Honey For $4 Billion

PayPal has announced its acquisition of Honey Science Corporation, a price comparison platform that helps shoppers save money. Honey was founded in 2012 and provides promo codes, discounts and online coupons to customers. Customers can even add items to their list and be notified...
Posted On 21 Nov 2019
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Wayve Raises $20 Million To Improve Autonomous Vehicle AI

VentureBeat is reporting that U.K.-based startup Wayve has raised $20 million in Series A funding to improve AI for autonomous vehicles. Wayve takes a different approach to autonomous vehicles than many other companies. Rather than hand-coded rules, or throwing more sensors at...
Posted On 18 Nov 2019
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Intuit CEO Thinks AI Will Help Humans, Not Replace Them

Business Insider is reporting that Intuit’s CEO has a very different view of AI in the workplace from many other executives. Many executives, business leaders and experts fear AI will result in countless lost jobs as machines replace human workers. Intuit’s CEO, Sasan Goodarzi,...
Posted On 13 Nov 2019
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Uber Sues LA Department of Transportation Over Electric Scooter Data, Cites Privacy Concerns

According to a report by The Verge, Uber has said it will not share real-time electric scooter data with the Los Angeles Department of Transportation (LADOT) and is filing a lawsuit against the department. The suit revolves around LA’s use of Mobility Data Specification (MDS), a...
Posted On 07 Nov 2019
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Nvidia Becomes the Latest Corporate Patron of Blender

Blender is a “free and open source 3D creation suite.” Originally released in 1994 as an in-house application for a Dutch animation studio, Blender has gone on to become a staple in the animation community. The software is used extensively by NASA and has been part of projects...
Posted On 11 Oct 2019
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Business Prioritizing Digital Transformation For Competitive Advantage, Says Equinix CEO

“We’re seeing right now continued strength across our business because people are prioritizing digital transformation as a way to gain competitive advantage,” says Equinix CEO Charles Meyers. “The reality is people who are responding well to that are thriving and people that are...
Posted On 20 Sep 2019
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Uber CEO Reveals Formula To Profitability

“Scale is the primary driver toward profitability,” says Uber CEO Dara Khosrowshahi. “It’s getting big. We’ve got over a billion rides per quarter and we’ve got trips growing at 35 percent on a year on year basis. It’s a combination of growing top-line over 35 percent, technology...
Posted On 12 Sep 2019
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