All articles by Swagath Bandhakavi
CrowdStrike refutes Delta Air Lines’ claims over flight disruptions
The outage led to the cancellation of over 6,000 flights for the airline over a six-day period, affecting more than 500,000 passengers.
Insurtech funding hits $1.3bn in Q2, driven by AI investments
Gallagher Re report cites significant rise in early-stage insurtech funding to $377.6m and an increase in the average deal size to $18.46m.
EC officially brings EU AI Act into force
This legislation aims to ensure that AI systems developed and used within the EU comply with safety and ethical standards to safeguard fundamental rights.
CrowdStrike faces class action lawsuit from shareholders after global IT outage
In the lawsuit, shareholders have accused CrowdStrike of defrauding them by not disclosing the risks inherent in its software testing methods
Massive SMS stealer campaign exposes Android devices in 113 countries, says Zimperium
This SMS stealer campagin uses malvertising and Telegram bots to distribute SMS-stealing malware.
Nvidia announces new support for humanoid robots
The American technology company is arming robot manufacturers, AI model developers, and software providers with a range of services, models, and computing platforms
Apple Intelligence delayed until October 2024
The Cupertino-based company plans to roll out the features, collectively called “Apple Intelligence,” in software updates anticipated by October 2024.
CrowdStrike claims 97% restoration of Windows sensors following IT outage
The disruption, impacting around 8.5 million devices, was caused by a routine software update to the Falcon platform sensor, a vital element of CrowdStrike’s cybersecurity infrastructure.
UK and India launch technology security initiative to boost economic growth
Announced during UK Foreign Secretary David Lammy’s visit to India, the initiative promotes collaboration in telecoms security and includes new agreements on AI, quantum technology, and semiconductors
CrowdStrike promises stronger vetting of future updates after causing global IT meltdown
Crowdstrike believes that the issue on July 19 was due to an undetected error in a Rapid Response Content update, which differs from the static Sensor Content included in sensor releases.