Clunky software with a confusing UI just cost Citibank $500 million
On Wednesday, a judge ruled that creditors do not have to return payments that Citibank made to them in error. The bank was attempting to make $7.8 million in interest payments on behalf of Revlon last August, but a subcontractor in India handling th.....»»
Researchers develop new AI tool for fast and precise tissue analysis to support drug discovery and diagnostics
A team of scientists from A*STAR's Genome Institute of Singapore (GIS) and Bioinformatics Institute (BII) has developed a new AI software tool called "BANKSY" that automatically recognizes the cell types present in a tissue, such as muscle cells, ner.....»»
Proton Pass now includes ‘Pass Monitor’ advanced identity and credential protection
Proton has been building out its suite of software with new services like Proton Pass, an end-to-end encrypted password manager, and more. Now Proton Pass is more powerful than ever with what the company calls “Pass Monitor” which has four layers.....»»
Warren Buffett’s Berkshire Hathaway sells 13% of its Apple shares
Warren Buffett’s Berkshire Hathaway offloaded around 13% of its Apple holdings in Q1 2024, the conglomerate revealed this weekend. Despite selling around 115 million shares, however, Buffett reaffirmed his commitment to AAPL going forward. Mean.....»»
Security Bite: Here’s what malware your Mac can detect and remove
Ever wonder what malware macOS can detect and remove without help from third-party software? Apple continuously adds new malware detection rules to Mac’s built-in XProtect suite. While most of the rule names (signatures) are obfuscated, with a bit.....»»
One UI 6.1: Bad News for Galaxy S22 Users
There’s bad news on the One UI 6.1 update front for Galaxy S22 users as Samsung’s already had to halt the software’s roll out due to issues. Earlier this week, Samsung started pushing One UI 6.1 with Galaxy AI features to the Galaxy.....»»
iPhone SE Issues Continue to Pile Up
We’ve been tracking iOS and iPhone issues in the weeks since Apple last rolled out software and there are a number of problems impacting the iPhone SE, iPhone SE 2, and iPhone SE 3. In late March, Apple pushed iOS 17.4.1 to the iPhone SE 3 and.....»»
Researchers: To tackle gendered violence, Australia also needs to look at drugs, trauma and mental health
After several highly publicized alleged murders of women in Australia, the Albanese government this week pledged more than A$925 million over five years to address men's violence towards women. This includes up to $5,000 to support those escaping vio.....»»
More details of the AI upgrades heading to iOS 18 have leaked
We've got a few more details about what's likely to be coming with Apple's software updates for 2024......»»
Researcher: Climate models can run for months on supercomputers—but my new algorithm can make them ten times faster
Climate models are some of the most complex pieces of software ever written, able to simulate a vast number of different parts of the overall system, such as the atmosphere or ocean. Many have been developed by hundreds of scientists over decades and.....»»
American Axle Q1 revenue, profit climb
American Axle & Manufacturing increased revenue and profit in the first quarter thanks to steadier production from its customers. Net income swung to a $20.5 million gain from a $5.1 million deficit in the same period last year......»»
Zeekr aims to raise up to $368 million in U.S. IPO
Zeekr founder and Chairman Shufu Li, according to a U.S. filing, will control almost 75 percent of the shareholder voting power in the company after the IPO......»»
Contemporary wildfires not more severe than historically in western US dry forests: Study
Wildfires have increased over the last few decades in dry forests, which cover 25.5 million ha (63 million acres) of the western U.S. But are high-severity fires that kill 70% or more of trees already burning at rates that exceed historical (preindus.....»»
Magna expects $400 million revenue loss from Fisker production halt
Magna builds the Ocean EV for Fisker. Magna said it is monitoring the situation and "will evaluate opportunities to further mitigate impact on our business.”.....»»
5 key takeaways from April U.S. sales reports
U.S. light-vehicle sales slipped 3.9 percent to 1.32 million last month compared with April 2023; Toyota led among the brands......»»
Rivian taps Volvo executive as COO ahead of new-model launch
Rivian Automotive Inc. hired Javier Varela as its new chief operations officer to help the electric-vehicle maker scale output as it prepares to roll out a lower-cost model geared for the mass market......»»
Lenovo launches AI-based Cyber Resiliency as a Service
Lenovo has launched its new AI-based Cyber Resiliency as a Service (CRaaS) leveraging Lenovo device telemetry and the Microsoft security software portfolio including Microsoft Copilot for Security and Defender for Endpoint. With AI offering protectio.....»»
Ransom recovery costs reach $2.73 million
Average ransom payment has increased 500% in the last year, according to Sophos. Organizations that paid the ransom reported an average payment of $2 million, up from $400,000 in 2023. However, ransoms are just one part of the cost. Excluding ransoms.....»»
Apple not making major AI news at upcoming product event, WWDC still expected venue [Updated]
Update: It turns out Tim Cook was misunderstood in the CNBC story. The full quote in context does not imply an AI software announcement at next week’s hardware event, although Apple does infuse its silicon with AI readiness. Here’s the full quote.....»»
Research explores energy and land-use practices on US golf courses
In 2018, golf was estimated to contribute significantly to the US economy, generating $84 billion, supporting 2 million jobs, and providing $59 billion in compensation. Given its prominence, golf holds a valuable position within US culture. However,.....»»
NASA selects 9 companies to work on low-cost Mars projects
NASA is expanding its plans for Mars, looking at not only a mission to bring back a sample but also smaller, lower-cost missions to enable exploration......»»