REDMOND, Wash.—Microsoft says it has fixed a flaw in its cloud computing platform that cybersecurity researchers warned could have enabled hackers to take over a cloud-based database product used by many big companies. The company said Friday there’s no evidence the potential opening was exploited by malicious actors or that any customer data was exposed….
NTD Business Full Broadcast (Aug. 27)
Prices are rising at the fastest rate in 30 years. The Federal Reserve’s favorite inflation measure is running hot, but the Fed says it’s still not time to tighten monetary policy. A massive flaw discovered in Microsoft’s cloud services. Thousands of organizations are at risk, and nobody knows how long their databases were vulnerable. And…
Big Tech Fights Bill That May See Govt Security Installed on Their Systems
Google, Microsoft, and Amazon have unanimously fought to amend a proposed bill that could allow the Australian government to implant its own cybersecurity software onto the back of the big tech’s cloud systems. The Security Legislation Amendment (Critical Infrastructure) Bill 2020 (pdf) seeks to build on existing legislation to fortify Australia’s critical infrastructure against cyber…
NTD Business Full Broadcast (July 6)
Oil prices rising on high demand and low supply. OPEC+ countries canceling crisis talks because they can’t agree on what to do. What does one expert think could happen next? The Pentagon cancels a cloud computing contract with Microsoft, after extended legal pressure from Amazon. Amazon claims the Pentagon chose Microsoft because of politics. Forget about hiring new…
Pentagon Cancels $10 Billion Contract That Microsoft and Amazon Were Fighting Over
The Department of Defense (DoD) announced Tuesday it won’t go through with a multibillion-dollar cloud computing project that was awarded to Microsoft. The agency said it canceled the Joint Enterprise Defense Infrastructure (JEDI) project and now had initiated the termination of its contract with Microsoft. “The Department has determined that, due to evolving requirements, increased cloud…
Microsoft Confirms New Cyberattack by Group Linked to SolarWinds Hack
Microsoft said on Friday that the hackers behind the notorious SolarWinds cyberattack have launched a fresh campaign mostly focusing on U.S. interests that, while mostly unsuccessful, managed to compromise three entities. The Russia-based hacking group, which goes by various names including Nobelium, launched the new campaign using “password spray and brute-force attacks,” the Microsoft Security…
Microsoft Debuts Windows 11, First Major Update in 6 Years
Microsoft has unveiled the next generation of its Windows software, called Windows 11, which has sleeker visual features and is more open to third-party apps. The newest version of Microsoft’s flagship operating system announced Thursday will be a successor to today’s Windows 10, which the company introduced in 2015. In a challenge to rival Apple,…
Microsoft Names CEO Satya Nadella as Chairman
Microsoft on Wednesday named Chief Executive Officer Satya Nadella as its new chairman, in place of John Thompson. Nadella, who took over as CEO in 2014 from Steve Ballmer, has been instrumental in scaling up its business including billion-dollar acquisitions like LinkedIn, Nuance Communications, and ZeniMax. The company said Thompson, who took over as chairman…
Microsoft Provides Australian State Police with Facial Recognition Services For Surveillance
Microsoft has announced it will provide the Australian New South Wales (NSW) Police force with its facial recognition technology to speed up the state’s surveillance footage analysis. The state police’s older systems involved CCTV footage—and other forms of evidence required in investigations—stored on servers locally, which required time-consuming manual review from police. The new system…
‘Tank Man’ Image Search Showed No Results on Bing Due to Human Error, Microsoft Says
Microsoft on Friday said that its search engine Bing yielded no results when users entered the query “tank man” in the United States and elsewhere for part of Friday because of “accidental human error.” Users in the United States and other countries, including the United Kingdom, Germany, and Singapore, reported that Bing returned the message “There…
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