Category: Tech News

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Poland is investigating Apple’s cross-app tracking policy over antitrust concerns

Poland’s Office of Competition and Consumer Protection (UOKiK) has opened an investigation into Apple’s App Tracking Transparency feature. Introduced with iOS 14.5, it’s a prompt developers had to add to their apps to ask iOS users for their permission to track them across apps. Apple announced the feature at WWDC 2020. It was initially scheduled… Continue reading Poland is investigating Apple’s cross-app tracking policy over antitrust concerns

Walmart-backed Symbotic to list on Nasdaq following $5.5b deal with SoftBank SPAC …

Walmart Inc-backed Symbotic said on Monday it would go public through a merger with a SoftBank Group Corp blank-cheque firm in a deal offering the robotics and automation startup a pro-forma equity value of $5.5 billion. The deal with SVF Investment Corp 3 is supported by a private investment in public equity (PIPE) of $205… Continue reading Walmart-backed Symbotic to list on Nasdaq following $5.5b deal with SoftBank SPAC …

US chipmaker Magnachip, Chinese PE firm Wise Road call off $1.4b merger

Chinese private equity firm Wise Road Capital and U.S. chipmaker Magnachip Semiconductor Corp have terminated their $1.4 billion merger agreement struck in March, the companies said in a joint statement on Monday. The U.S. Treasury Department had said in August the deal posed “risks to national security”, while the Committee on Foreign Investment in the United States (CFIUS)… Continue reading US chipmaker Magnachip, Chinese PE firm Wise Road call off $1.4b merger

Hyundai Ioniq 5 pricing starts at $39,700

The Ioniq 5 is Hyundai’s first electric car built on the company’s new E-GMP platform, and its price tag has finally been confirmed. A press release from Hyundai reveals that the Ioniq 5 could set you back anywhere from $39,700 to $54,500, depending on which model you choose (via EV Pulse). And although Hyundai recently… Continue reading Hyundai Ioniq 5 pricing starts at $39,700

The Station: Intel eyes an IPO for Mobileye and how Elon influenced Autopilot

The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every weekend in your inbox. Hello readers: Welcome to The Station, your central hub for all past, present and future means of moving people and packages from Point A to Point B. This… Continue reading The Station: Intel eyes an IPO for Mobileye and how Elon influenced Autopilot

Experts say log4shell exploits will persist for ‘months if not years’

Cybersecurity experts believe CVE-2021-44228, a remote code execution flaw in Log4j, will take months, if not years, to address due its ubiquity and ease of exploitation. Steve Povolny, head of advanced threat research for McAfee Enterprise and FireEye, said Log4Shell “now firmly belongs in the same conversation as Shellshock, Heartbleed and EternalBlue.”  “Attackers began by almost… Continue reading Experts say log4shell exploits will persist for ‘months if not years’

Kronos hit with ransomware, warns of data breach and ‘several week’ outage

HR management platform Kronos has been hit with a ransomware attack, revealing that information from many of its high-profile customers may have been accessed.  UKG, Kronos’ parent company, said the vital service will be out for “several weeks” and urged customers to “evaluate and implement alternative business continuity protocols related to the affected UKG solutions.”… Continue reading Kronos hit with ransomware, warns of data breach and ‘several week’ outage