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The US launches its long-awaited IoT security labeling program, Cyber Trust Mark

The Biden administration launched its long-awaited Internet of Things (IoT) cybersecurity labeling program to protect Americans from internet-connected device security risks. The “U.S. Cyber Trust Mark” helps Americans buy internet-connected devices with strong cyberattack protections. Fitness trackers, routers, baby monitors, and smart refrigerators make up the Internet of Things, a …

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Tesla directors settle overpayment claims for $735M

According to a Monday court filing, Tesla directors will pay $735 million to settle shareholder claims that they overpaid themselves. A Tesla stock-holding retirement fund settled its 2020 lawsuit. Starting in June 2017, the Detroit Police and Fire Retirement System criticized Tesla directors’ stock options, including CEO Elon Musk, his …

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Drop is being acquired by Corsair

Nowadays everyone buys mechanical keyboard companies. Corsair outdid them by buying its own mechanical keyboard firm. Today, the Fremont, California-based peripheral company revealed it is buying “certain assets” from Drop for an undisclosed, all-cash purchase. Drop CEO Jef Holove announced on his blog that Corsair had acquired Drop. “I am …

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Wix’s new technology creates websites from prompts

What should 2023 website builders offer? As generative AI developments reshape the landscape, entrepreneurs and incumbents are asking that question. Do prompts and media-generating models make no-code drag-and-drop interfaces obsolete? What abstraction level won’t offend advanced users? Wix, a longtime web builder, bets that today’s clients don’t want to spend …

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Honeywell security flaws could disrupt critical industries

Honeywell devices used in critical industries have numerous vulnerabilities that could allow hackers to cause physical disruption and possibly endanger lives. Armis, an asset security cybersecurity company, found nine vulnerabilities in Honeywell’s Experion distributed control system (DCS) products. These digital automated industrial control systems control large industrial processes in critical …

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Chinese hackers breached US government email accounts using Microsoft cloud bug

Microsoft confirmed that Chinese hackers breached U.S. government employee email accounts using a cloud email service flaw. Microsoft reported that Storm-0558 compromised 25 government agency email accounts and related consumer accounts linked to these organizations. Microsoft calls new or developing hacking groups “Storm.” Microsoft hasn’t named Storm-0558’s government targets. Reported …

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