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Ransomware attack hits LG battery subsidiary
Tech News

Ransomware attack hits LG battery subsidiary

LG Energy Solution suffered ransomware at one overseas facility, now restored and under investigation Akira claims theft of 1.7TB data, including employee records and corporate documents If true, stolen data could fuel phishing or be sold for significant profit LG Energy Solution, a South Korean battery company and a subsidiary of LG, has confirmed it […]

Michael Burry’s billion-dollar warning hits Silicon Valley as fears of a growing AI bubble spread through global markets
Tech News

Michael Burry’s billion-dollar warning hits Silicon Valley as fears of a growing AI bubble spread through global markets

Michael Burry’s latest positions intensify concerns about valuations across AI firms Nvidia and Palantir face scrutiny as investors react to Burry’s bearish stance Pat Gelsinger’s comments add weight to the growing belief that AI valuations look overheated Growing debate over the stability of artificial intelligence valuations has intensified in recent weeks as the market becomes […]

Samsung’s new HBM3E memory technology hits 1.2TB/s — you can bet that it will power Nvidia’s next AI monster GPU, the GH200
Tech News

Samsung’s new HBM3E memory technology hits 1.2TB/s — you can bet that it will power Nvidia’s next AI monster GPU, the GH200

Samsung’s latest memory technology has hit staggering speeds of 9.8Gb/s – or 1.2TB/s – meaning it’s more than 50% faster than its predecessor.  The HBM3E memory standard, nicknamed Shinebolt, is the latest in a series of high-performance memory units Samsung has developed for the age of cloud computing and increased demand for resources. Shinebolt is […]

Casio data breach hits users in 149 countries
Tech News

Casio data breach hits users in 149 countries

Casio has suffered a security incident that saw data on thousands of customers spread all over the world hacked and stolen. The company confirmed the news, saying unnamed threat actors managed to access a ClassPad.net database within its development environment. ClassPad.net is the company’s education and learning platform.  “On the evening of Wednesday, October 11, […]

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