Month: August 2022

Uber reported positive quarterly cash flow for the first time ever on Tuesday and forecast third-quarter operating profit above estimates, as more people rely on its services for transport and food delivery. The company’s shares surged 13 percent to $27.9 (roughly Rs. 2,200) and helped drive an 13 percent gain in rival Lyft’s stock. Uber generated free cash
0 Comments
In this article PINS Shares of Pinterest jumped 14% Tuesday morning, a day after activist investor Elliott Management confirmed it’s Pinterest’s largest investor. The move comes despite Pinterest’s disappointing second-quarter earnings on Monday evening. “Pinterest is a highly strategic business with significant potential for growth, and our conviction in the value-creation opportunity at Pinterest today
0 Comments
FIFA 23 — launching on September 30 — has revealed an official Career mode deep dive trailer. EA Sports revealed the new gameplay video, detailing some long-time requested additions coming to the annual footballing franchise. This year’s FIFA comes with player career personality, playable highlights, transfer analysis, a new menu, and more. This is in
0 Comments
Bitwise Asset Management CIO Matt Hougan joins Emily Chang and Bloomberg’s Sonali Basak to discuss the highly-anticipated Ethereum Merge and its potential impact on the whole crypto ecosystem, after Ethereum developer Tim Beiko revealed the update is expected to happen on the second week of September.
0 Comments
A threat actor associated with the LockBit 3.0 ransomware-as-a-service (RaaS) operation has been observed abusing the Windows Defender command-line tool to decrypt and load Cobalt Strike payloads. According to a report published by SentinelOne last week, the incident occurred after obtaining initial access via the Log4Shell vulnerability against an unpatched VMware Horizon Server. “Once initial
0 Comments
Kenya has no intention of shutting down Facebook, which is owned by Meta, its ICT minister said on Monday after the national cohesion watchdog gave the platform seven days to comply with rules on hate speech or face suspension. The National Cohesion and Integration Commission (NCIC) on Friday accused Facebook of contravening Kenya’s constitution and
0 Comments
Scientists combined data from NASA’s New Horizons mission with novel laboratory experiments and exospheric modelling to reveal the likely composition of the red cap on Pluto’s moon Charon and how it may have formed. This first-ever description of Charon’s dynamic methane atmosphere using new experimental data provides a fascinating glimpse into the origins of this
0 Comments
Aeva Technologies on Monday said it has reached a deal with a German firm to sell its sensors for industrial uses such as automating manufacturing lines with machines and self-driving mining trucks. Silicon Valley-based Aeva makes lidar sensors, which can help self-driving cars and other devices gain a three-dimensional view of their surrounding world. Aeva’s
0 Comments
In this article PINS Pinterest shares jumped on better-than-expected user numbers even as earnings and revenue missed estimates and the company gave weak guidance for the third quarter. Activist investor Elliott Management confirmed separately that it’s Pinterest’s top investor and said it has “conviction in the value-creation opportunity” at the company.  Here’s how the company did. Earnings: 11
0 Comments
Now more than ever, organizations need to enable their development teams to build and grow their security skills. Today organizations face a threat landscape where individuals, well-financed syndicates, and state actors are actively trying to exploit errors in software. Yet, according to recent global research, 67% of developers that were interviewed said they were still
0 Comments
When the COVID-19 pandemic first started, automakers like Ford swiftly changed their production priorities from cars to masks and ventilators. These businesses relied on assembly-line workers for the changeover. As robots are confined to their routine activities, it would have been too difficult for them to make this transition. If a robot’s grippers could be
0 Comments
Global Chromebook shipments continued to decline with shipments down 51.4 percent year-on-year (YoY) to 6 million units in the second quarter (Q2 2022), while tablet shipments grew by 0.15 percent YoY reaching 40.5 million units in the last quarter according to a report by International Data Corporation (IDC). Apple continues to lead the industry, with
0 Comments
A water-activated disposable paper battery has the potential to significantly reduce the amount of electrical trash produced by single-use devices, such as those used in the medical and industrial sectors. Researchers have developed a battery that is cheap to assemble, biodegradable and made of renewable materials. Additionally, it can be made in a range of
0 Comments
Former Pakistan Prime Minister and Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan’s official Instagram account was reportedly hacked on Monday. The hacker shared a promotional tweet regarding cryptocurrency from his Instagram account. A link to Tesla CEO Elon Musk’s fake crypto account was also attached to his handle. Imran Khan has currently over 7.4 million followers.
0 Comments
Sandeep Ravindranath, an Indian filmmaker, posted his latest work to YouTube in May. The video, a nine-minute fictional drama with no dialogue titled Anthem for Kashmir, depicts a young political activist on the lam from authorities. Indian viewers likely picked up on its numerous references to alleged extrajudicial murders in the heavily militarised province, which
0 Comments
A Chinese rocket fell back to Earth on Saturday over the Indian Ocean but NASA said Beijing had not shared the “specific trajectory information” needed to know where possible debris might fall. US Space Command said the Long March 5B rocket re-entered over the Indian Ocean at approximately 12:45pm EDT Saturday (16:45 GMT), but referred
0 Comments