Citibank just got a $500 million lesson in the importance of UI design
Citibank was trying to make $7.8M in interest payments. It sent $900M instead. Enlarge (credit: Roman Tiraspolsky) A federal judge has ruled that Citibank isn't entitled to the return of $500 million it sent to various creditors last August. K.....»»
Canadian government plans to amend legislation to allow detained migrants to be held in federal prisons
The Canadian government recently proposed earmarking $325 million in the 2024 federal budget to upgrade federal immigration detention centers to hold more people. The budget also proposes to amend the law to allow federal prisons to be used to detain.....»»
Tesla"s recall of 2 million vehicles for Autopilot issues now being probed by NHTSA
The agency wants to know if Tesla's December recall of more than 2 million vehicles to install new Autopilot safeguards is adequate......»»
Breaking down the numbers: Cybersecurity funding activity recap
Here’s a list of interesting cybersecurity companies that received funding so far in 2024. Aim Security January | $10 million Aim Security raised $10 million in seed funding, led by YL Ventures, with participation from CCL (Cyber Club Lond.....»»
NASA"s Deep Space Optical Communications demonstration transmits data over 140 million miles
Riding aboard NASA's Psyche spacecraft, the agency's Deep Space Optical Communications technology demonstration continues to break records. While the asteroid-bound spacecraft doesn't rely on optical communications to send data, the new technology ha.....»»
Psyche spacecraft sends data back to Earth using lasers for the first time
NASA's experimental laser communication system, riding along with the Psyche spacecraft, has transmitted Psyche data from over 140 million miles away......»»
CarNow eyes expansion, possible acquisitions after debt financing
CarNow, maker of digital retailing platforms for dealerships, plans to use $40 million in new debt financing to accelerate product development and pursue further market expansion......»»
How worrying is bird flu"s jump to dairy cows? Here"s what experts say
Since 2022, a highly contagious strain of bird flu has spread across the U.S. at an unprecedented rate, resulting in the deaths of more than 90 million birds in commercial and backyard poultry flocks, plus thousands more in the wild......»»
Family farms are fast disappearing: Research shows how young generations can take them up successfully
While some might think that family-run farms are a thing of the past, they are in fact the dominant business model in Europe. In 2020, they accounted for slightly more than 9 in every 10 of the EU's 9.1 million farms......»»
Pretax charges drop Sonic Automotive"s Q1 net income
The company said $7 million in pretax charges contributed to a 12 percent dip in first-quarter net income......»»
Asbury Q1 net income slips 19%; $4.2 billion in revenue sets record
Asbury Automotive Group produced $147.1 million in net income during the first quarter, down 19 percent from a year earlier as falling profit margins offset rising vehicle sales and revenue......»»
Sublime Security secures $20 million to strengthen cloud email security and visibility
Sublime Security has raised $20 million in Series A funding, led by Index Ventures with participation from previous investors Decibel Partners and Slow Ventures. Cybersecurity visionary and Crowdstrike Co-founder & former CTO Dmitri Alperovitch is al.....»»
Dropzone AI raises $16.85 million to combat advanced AI attacks
Dropzone AI has raised $16.85 million in Series A funding. Theory Ventures led the round, adding to their cohort of existing investors Decibel Partners, Pioneer Square Ventures, and In-Q-Tel (IQT). Carta CISO Garrett Held, Head of Security at Postman.....»»
Continental fined $107M over role in diesel-emissions scam
German prosecutors issued the fine over the company’s participation in the scam via selling more than 12 million engine control units that automakers, including Volkswagen Group, used to manipulate emissions......»»
BforeAI raises $15 million to stop attacks before they occur
BforeAI has secured $15 million in Series A funding led by SYN Ventures, with renewed participation from early investors Karma Ventures, Karista, Addendum Capital, and a new investment from the Partnership Fund for New York City. BforeAI autonomously.....»»
Nagomi Security raises $30 million to help security teams improve their level of protection
Nagomi Security emerged from stealth with $30 million in funding to fundamentally redefine how security teams optimize effectiveness and drive efficiency from their existing security tools. The company operated in stealth mode with Seed funding from.....»»
Anatomy IT’s new Security Suite targets healthcare cybersecurity threats, improves incident response
Anatomy IT has announced the launch of an expanded end-to-end cybersecurity product suite designed to safeguard healthcare delivery organizations from evolving and growing IT system threats. A record 133 million individuals were affected by healthcar.....»»
56% of cyber insurance claims originate in the email inbox
56% of all 2023 claims were a result of funds transfer fraud (FTF) or business email compromise (BEC), highlighting the importance of email security as a critical aspect of cyber risk management, according to Coalition. The 2024 Cyber Claims Report i.....»»
Nissan EVs go bold with diagonal front lighting at Beijing auto show
Nissan has shown a creative and bold front lighting design in a clutch of electrified concept vehicles that were unveiled at the Beijing auto show, which point toward a future design language......»»
Ancient giant tortoise fossils found in Colombian Andes
Paleontologists have discovered giant tortoise fossils in Colombia dating back some 57 million years, the university leading the excavation said, with the findings key to understanding South America's prehistoric eras......»»
iMazing 3 launches for Mac and PC with all-new design, fresh features, dark mode, more
iMazing has been a go-to tool for Apple power users and IT admins for almost 20 years, now developer DigiDNA is out with iMazing 3. The major release sees a re-engineering of the whole app that brings a new UI and features, and even Vision Pro compat.....»»