A new report out today from cloud solutions and technology provider Searce Technologies Inc. has found that large companies in the U.S. and the U.K. are making significant investments in artificial intelligence, including that nearly one in 10 companies plan to spend more than $25 million on the technology. The 2024 State of AI report, based ...

A U.S. District Court judge has given permission to a group of artists to pursue claims against several generative artificial intelligence image- and video-making companies that alleges their services infringe on their copyrights. The case was brought by three artists against Stability AI Ltd., DeviantArt Inc. and Midjourney Inc. in January 2023 and alleged that the ...

The U.S. Federal Trade Commission is reportedly considering breaking up Google LLC following its intervention via amicus brief into the Epic Games Inc. v. Google case regarding Google’s practices relating to competition and payments in its Play store. The case involved Epic Games, best known as the company behind the highly popular online game “Fortnite,” ...

The U.S. Department of Commerce’s National Institute of Standards and Technology today released its Federal Information Process Standards for post-quantum cryptography, a new set of standards that address the emerging security challenges posed by quantum computing. The three new standards have been designed to ensure that digital communications remain secure against future threats while strengthening current ...

Information technology services at Swiss industrial manufacturer Schlatter Industries AG have been disrupted after the company was hit by a cyberattack on Friday. In a statement released today, the company described the attack as a “cyber-attack using malware,” with internal specialists, together with external experts, taking measures to limit the damage as fast as possible. ...

Some 2.7 billion records relating to people in the U.S. stolen from a data broker earlier this year have been released for free on hacking site Breach Forums, potentially exposing nearly every living American to the data breach. The data in question was stolen from a data broker by the name of National Public Data ...

A new report out today from cybersecurity company Fortra LLC is warning of a vulnerability in all versions of Windows 10 and 11 that, if triggered, could cause system instability and a denial of service. Tracked as CVE-202406768, the vulnerability is found in the Common Log File System (CLFS.sys) driver of Windows and is caused by improper validation ...

The Trump campaign is alleging that it was hacked by foreign sources hostile to the U.S. after a report from Microsoft Corp. on Friday disclosed Iran’s efforts to target the 2024 U.S. election, including proof that Iranian actors had infiltrated an unnamed presidential campaign. The idea that the Trump campaign may have been hacked first ...

Japanese cybersecurity software company Trend Micro Inc. is reportedly exploring a sale after being approached by several potential buyers. Referencing people familiar with the matter, Reuters reported that Trend Micro has been working with investment banks to solicit interest from potential buyers, including private equity firms. The same source did note that it’s not certain a ...

Amplitude Inc. today reported earnings and revenue beats in its second quarter thanks to solid customer growth for its behavior-tracking software services. For the quarter ended June 30, Amplitude broke even, down from a profit of two cents a share in the second quarter of 2023, on revenue of $73.3 million, up 8% year-over-year. Both ...