The German economy, historically known as the powerhouse of Europe, is currently facing significant challenges. Its heavy reliance on Russian energy and trade with China needs to be reduced, and new sources of growth must be identified. This will require substantial investment and time. Consequently, Germany’s stock market has fallen behind the U.S., with a …
The clean-energy industry is currently experiencing its worst downturn in years, resulting in a significant decline in its overall value and posing a serious threat to America’s environmental objectives. Major auto manufacturers such as General Motors (GM) and Ford Motor (F) have postponed their plans to introduce electric vehicles. Offshore wind developers are also canceling …
By Catalina Makhmudova Petrenko Updated Oct. 16, 2023 11:20 am ET Key Takeaways The FCC fines Dish Network for irresponsible activity in space. Mismanagement of space debris and collisions can harm the environment. The technology and communications sector needs to improve waste management. Dish Network has agreed to pay a $150,000 fine to the U.S. …
With the $28 billion acquisition of Splunk by network-equipment giant Cisco Systems, Splunk and Cisco aim to develop AI-driven cybersecurity monitoring tools for real-time detection of hacking threats, enabling businesses to prevent cyberattacks from damaging corporate networks. Splunk, a 20-year-old technology company that has not yet turned a profit, has been pursuing this goal and …
Dragos, a leading cybersecurity company, has raised an impressive $74 million in an extension to its original Series D funding round, which took place in October 2021. With a focus on defending industrial technology environments like water utilities and power-grid operators, Dragos provides specialized cybersecurity software. The extension round was led by venture-capital firm WestCap …
The recent cyberattack on MGM Resorts International highlights the challenges of protecting a vast tech infrastructure and thousands of employees while the hospitality sector integrates internet-connected technology. Experts say that the impact of this attack on a major operator in a security-focused industry came as a surprise to some. “I’ve been in this industry for …
The Biden administration has emphasized the importance of strong security standards in open-source software development during a two-day summit attended by technology companies, banks, and industry groups. Anne Neuberger, deputy national security adviser for cyber and emerging technology, stated that the administration wants companies to expand their use of software bill of materials, which provide …
Biodiversity credits have the potential to be a crucial source of funding for the conservation of Earth’s ecosystems. However, establishing a functional market for the buying and selling of these payment tokens won’t be an easy task. It is important to protect the diversity of plants and animals as it has a direct impact on …
Volvo Group, a global company operating in the challenging sector of truck, bus, and construction and marine equipment manufacturing, aims to decarbonize its operations and achieve net zero emissions by 2040. Karin Svensson, the chief sustainability officer of the company, leads this effort. In an interview, Svensson discusses the electrification of transport, the complexities of …
In a cyberattack incident, the claims agent responsible for bankruptcy cases involving Genesis Global Holdco, FTX, and BlockFi, revealed that it had fallen victim to a data breach. As a result, the personal data of hundreds of claimants may have been compromised. Kroll, a business-services company, reported that hackers conducted a SIM-swapping attack on T-Mobile …