On April 1, Twitter was set to formally begin removing legacy verification badges. Although it appears that these intentions have been put on hold for the time being, the social network has changed the label connected to the check mark such that it is now nearly hard to tell who …
Read More »Western Digital claims a ‘network security’ compromise occurred in which hackers stole data
Western Digital, a major provider of data storage solutions, has acknowledged that data was stolen from its servers by hackers in a “network security incident” last week. On Monday, the California firm claimed in a statement that on March 26, an outsider breached “a number” of the firm’s internal systems. …
Read More »The week’s crypto market cap was untouched by additional US lawsuits
Once more, welcome to Chain Reaction. If you believed that last week’s events involving the U.S. You should prepare yourself for this week’s news because the Securities and Exchange Commission is cracking down on key cryptocurrency companies like Coinbase and Tron. The U.S. is suing Binance, the largest cryptocurrency exchange …
Read More »Virgin Orbit catches fire during an unauthorized descent
Virgin Orbit, a troubled space corporation, announced it was unable to get extra finance to keep it solvent, so it is firing about 85% of its workers in an effort to further cut costs. The information was reported to the U.S. Securities and Exchange Commission on Thursday, exactly two weeks …
Read More »EV firm Canoo accepts SEC settlement of $1.5M
The U.S. and electric vehicle company Canoo have reached a $1.5 million settlement. Securities and Exchange Commission, per a legal document. Just a few months after the business joined with special purpose acquisition firm Hennessy Capital Acquisition Inc., the SEC launched an investigation into Canoo. The inquiry looked into Canoo’s …
Read More »Italy blocks ChatGPT because to worries about data protection
A timely reminder that some nations do have laws that already apply to cutting-edge AI has just been issued by Italy’s data protection authority, which has ordered OpenAI to stop processing people’s data locally with immediate effect. The order comes two days after an open letter called for a moratorium …
Read More »There has been a recent supply chain attack that targets 12 million users of a phone system
A number of security companies have warned about an ongoing supply chain attack that targets downstream clients by employing a trojanized version of 3CX’s popular audio and video calling client. More than 600,000 businesses utilize a software-based phone system created by 3CX, including American Express, BMW, McDonald’s, and the National …
Read More »For this year’s Easter Jeep Safari, Jeep is emphasizing the importance of electrification
This week, Jeep, a Stellantis brand, had its annual off-roading and concept roadshow in Moab, Utah, and electrification was the name of the game. The annual Easter Jeep Safari is held in Moab, Utah, and this week the Jeep brand and Jeep Performance Parts (JPP) by Mopar unveiled seven prototypes, …
Read More »Twitter’s newly announced API has just three tiers: free, basic, and enterprise
Twitter’s new API pricing mechanisms were introduced on Wednesday after the company dragged its feet for weeks. The free tier is designed primarily for automated content posting, whereas the basic tier costs $100 per month and the enterprise tier costs significantly more. The Advertising API is included at no extra …
Read More »Effy, an energy refurbishment company that has operated on its own funds for the past 15 years, has raised $22 million
Effy is pondering her options. The French energy remodeling firm is successful, but it is attempting to serve a market that is far larger than it initially thought. Because of this, it is taking a risk. The startup has just finished a fundraising round with Felix Capital for €20 million …
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