North Korean phishing gang stole rocket tech info

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The United States and the Republic of Korea have issued a joint cyber security advisory [PDF] about North Koreas “Kimsuky” cyber crime group. The warning came after the Democratic People’s Republic of Korea (DPRK aka North Korea) earlier this week tried and failed to launch a surveillance satellite. In their joint advisory, US and South … Read more

US NHTSA calls for automatic braking tech to be standard

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To help cut down on car crashes and road deaths, the US National Highway Traffic Safety Administration (NHTSA) is proposing a rule that would mandate automated emergency braking (AEB) technology in all new vehicles. The tech, which can already be found in a variety of vehicles alongside other automated driver assist technologies, brakes or slows … Read more

Tech investment portfolios suffer write-downs amid global economic slowdown

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Some high-profile venture capital and private equity firms are slashing the valuation of their holdings. Some high-profile venture capital and private equity firms are slashing the valuation of their holdings, causing billions in apparent profits to evaporate as the economic downturn undermines the sustained growth of the last 13 years. The California Pension System, the … Read more

ISMC $3-Billion India Semiconductor Plant Plans Stall as Intel Acquires Tech Partner Tower

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A planned $3 billion (roughly Rs. 24,700 crore) semiconductor facility in India by chip consortium ISMC that counted Israeli chipmaker Tower as a tech partner has been stalled due to the company’s ongoing takeover by Intelthree sources said, dashing India’s chip making plans. A second mega $19.5 billion (roughly Rs. 1,60,800 crore) plan to build … Read more

As part of AI push, Chinese tech giant Baidu is now rolling out an AI venture fund

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Here comes yet more money for AI startups. Today, the Chinese search giant Baidu announced that it plans to establish a venture fund with 1 billion yuan ($145 million) to back start-ups focused on content generated by artificial intelligence applications. Reuters, which reported the news earlier, said the company will also launch a competition for … Read more

Meta Says It Will Remove News Content in California if Bill That Asks Big Tech to Pay Publishers Is Passed

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Facebook parent Meta Platforms said on Wednesday it would remove news content in its home state of California if the state government passed legislation forcing tech companies to pay publishers. The proposed California Journalism Preservation Act would require “online platforms” to pay a “journalism usage fee” to news providers whose work appears on their services, … Read more

UK tech roles see sustained pay rises despite layoffs

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Despite job losses among vendors and high profile companies, those with IT roles in UK companies saw their salaries increase by as much as 30 percent in the past year, a survey has found. While other sectors of the country’s economy struggle to achieve above-inflation pay rises, IT roles have remained relatively resilient, according to … Read more

Nvidia’s new ultra-low motion blur tech lets PC gamers have high refresh rates, too

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Nvidia is updating its Ultra Low Motion Blur (ULMB) technology, which could make gaming even smoother on high-end monitors. In an announcement on SundayNvidia says its upgraded ULMB 2 feature is capable of providing over 1,000Hz of effective motion clarity with “practically zero” crosstalk — but only on 1440p 360Hz G-Sync monitors for now. This … Read more

Have enterprise buyers finally soured on ‘bottoms-up’ tech sales?

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Scott Goering Contributor Scott Goering is Battery Ventures’ business development partner, a role in which he collaborates with founders and executive teams to unlock opportunities within Battery’s network of corporations, partners and advisors. More posts by this contributor 3 ways the pandemic is transforming tech spending Evan White is director of business development at Battery … Read more