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The hacking incident involved the widespread file transfer software, MOVEit, which enabled the unauthorized access and downloading of documents from a server, as confirmed by Johns Hopkins.
1154 DAYS AGO
Musk hinted at potential production hiccups in the third quarter, noting "we've got summer shutdowns" for several "factory upgrades." However, he affirmed the company's goal to hit 1.8 million vehicle deliveries for the year.
1158 DAYS AGO
Barr, who serves as the Vice Chair for Supervision at the Fed, acknowledged that AI has the capacity to enable individuals, who might otherwise struggle to secure credit, to gain access to it.
1160 DAYS AGO
She further stressed the necessity to approach the issue urgently and collaboratively involving a spectrum of sectors including private, public, nonprofits, and government. "Our goal is to act in the best interest of the health, safety, and overall well-being of our citizens," she added.
1166 DAYS AGO
The team forming xAI comprises veterans from esteemed organizations such as DeepMind, OpenAI, Google Research, Microsoft Research, and Tesla.
1166 DAYS AGO
Although the figure is slightly below the anticipated 225,000 jobs by economists, it indicates a slowdown from the revised figures of the previous month, which dropped by 33,000 to 306,000.
1171 DAYS AGO
The 10-year Treasury note saw its yield jump 8 basis points to trade at 4.025%, while the yield on the 2-year Treasury note escalated more than 12 basis points, reaching 5.08%. It should be noted that yields and prices share an inverse relationship, with a basis point being equal to 0.01%.
1172 DAYS AGO
Bluesky, a budding text-based social media network endorsed by Twitter co-founder Jack Dorsey, emerged as an alternative for frustrated Twitter users. Although it's still in its invite-only beta phase, the uptick in user traffic has strained the platform's performance.
1174 DAYS AGO
From April to June, the company delivered a total of 466,140 vehicles, marking a 10 percent rise from the first quarter. Among these, 19,225 were Model S/X vehicles and 446,915 were Model 3/Y vehicles.
1175 DAYS AGO
These "temporary limits," as Musk described them, are a response to "extreme levels of data scraping and system manipulation." The time frame for when these restrictions would be lifted remains unspecified.
1176 DAYS AGO
The Army's Criminal Investigation Division (CID) issued a warning last week that these devices could potentially harbor malware. The covert sender of these smartwatches might gain "access to saved data, such as banking details, contact lists, and login credentials," the CID said.
1178 DAYS AGO
While the company managed to touch the $3 trillion valuation during a trading session in January 2022, it did not retain this peak by market close. Apple will have another opportunity to do so this coming Friday.
1178 DAYS AGO
The forthcoming job reductions are set to target staff in both the electric vehicle (EV) and software divisions, as well as those involved in Ford's gas-engine operations.
1182 DAYS AGO
The senators urged the impartial government body in their letter dispatched on Friday to perform an exhaustive technological analysis of the hazards associated with generative AI tools, as well as strategies to lessen these risks.
1182 DAYS AGO
Rivian disclosed plans for the release of an adapter to facilitate charging of its EVs on Tesla’s fast-charging network, anticipated by spring 2024. Furthermore, the company plans to integrate Tesla’s North American Charging Standard (NACS) charge ports into its cars by 2025.
1188 DAYS AGO
Written for readers who already know the basics — markets, AI, and the policy decisions that shape both.