Arctic Wolf aims to enhance Cylance's cybersecurity offerings with its own expertise, leveraging its sixth acquisition since 2012 to strengthen its market position.
The acquisition is valued at $160 million, a significant discount from the $1.4 billion BlackBerry paid for Cylance in 2018.
Cylance has struggled with market share, holding just 1.3% by 2022, and has posted significant losses since then, making it a less profitable venture for BlackBerry.
Apple is developing a foldable iPad with a screen larger than the current 13-inch iPad Pro, expected to launch around 2028. The design aims for a seamless appearance without visible creases.
TikTok is appealing to the Supreme Court to challenge a law potentially banning the app in January 2025, arguing that it threatens free speech and could silence over 170 million users in the U.S.
SoftBank CEO Masayoshi Son pledged a $100 billion investment over four years in AI and infrastructure in the U.S., aiming to create 100,000 jobs.
The rules include improving content moderation, combating child sexual abuse material, nominating compliance officers, restricting children's profiles, preventing predatory messaging, and using detection tools for illegal content. Violators face fines up to £18 million or 10% of global revenue.
The outage occurred after OpenAI deployed a telemetry service to collect Kubernetes metrics, which are containers that run software in isolation.
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These are the Daily Tech Headlines for Monday, December 16th, 2024. I'm Sarah Lane.
In his Power On newsletter, Bloomberg's Mark Gurman reports that Apple is developing a foldable iPad, not expected to launch until around 2028, with a screen that opens larger than the current 13-inch iPad Pro. The design is meant to appear seamless, unlike other foldable devices with visible creases, at least these days. Apple has also reportedly explored a foldable iPhone design for 2026, but hinge design and display durability have been factors.
British Airways owner IAG says it's now using Apple AirTags in its luggage handling system across carriers like Iberia and Aer Lingus. This is meant to reduce costs and improve efficiency in locating lost bags. Passengers with AirTags can share location links, which lets airlines track luggage more effectively. The system is also being used by other major airlines like Delta and Lufthansa.
A federal court denied TikTok's request to pause a law potentially banning the app in January of 2025. TikTok plans to appeal to the Supreme Court, arguing that the law threatens free speech and could silence over 170 million users. The court rejected TikTok's request, stating a pause was unwarranted. The app's fate now does hinge on whether or not the Supreme Court will hear the case.
Arctic Wolf is acquiring BlackBerry's Cylance cybersecurity division for $160 million. This is a pretty big discount over the $1.4 billion that BlackBerry paid for it in 2018. The deal is expected to close in BlackBerry's fiscal Q4. Cylance has struggled to maintain a foothold in the security market, holding just 1.3% of market share by 2022 and posting significant losses from that time.
Arctic Wolf plans to enhance Silance's offering with its own expertise, marking its sixth acquisition since 2012. BlackBerry will shift focus to more profitable ventures.
Avram Pilch over at Tom's Hardware was able to get Microsoft Recall to capture a credit card number when he entered it into Notepad and a social security number when he entered it into an HTML page that he had created. It didn't capture credit card numbers in payment pages for two actual online stores. This is part of an ongoing issue where some Recall customers have said the service is a big security risk.
OpenAI had a three-hour outage last Thursday. Although we don't often report outages to be news on their own, OpenAI posted details on what caused the outage, adding that it occurred after it deployed a telemetry service to collect Kubernetes metrics, or containers that run software in isolation. OpenAI has also offered more details as well for those interested.
SoftBank CEO Masayoshi Son pledged a $100 billion U.S. investment over four years during a meeting with President-elect Donald Trump with the goal to create 100,000 jobs in AI and infrastructure. This is similar to a 2016 announcement from SoftBank of a $50 billion investment after Trump's first election.
The funding is from SoftBank's Vision Fund and other sources and may include previously committed capital, such as SoftBank's $1.5 billion stake in OpenAI. And finally, Ofcom has issued over 40 safety rules for online platforms under the UK's Online Safety Act, effective by March 2025.
Among them, companies need to improve content moderation, combat child sexual abuse material or CSAM, and nominate compliance officers. Other measures include restricting children's profiles, preventing predatory messaging, and using detection tools for illegal content. Companies who violate this face fines up to £18 million or 10% of global revenue and potential UK bans altogether for more serious breaches.
The rules apply to platforms with significant UK users, including social media, gaming, and adult content sites, with further guidance expected next year. For more analysis of the tech news of the day, subscribe to DailyTechNewsShow.com. You can find show notes and links to all these headlines there as well. I am Sarah Lane, and I thank you for listening, and we will talk to you next time. At Leidos, a brilliant mind is smart, but a brilliant team is smarter.
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