Boeing says it refused to pay massive ransomware demand

Boeing says it refused to pay massive ransomware demand

Boeing has revealed it refused to pay a $200 million ransom demand from ransomware hackers who stole a tranche of sensitive data in 2023. The US Department of Justice recently unsealed an indictment against one Dmitry Yuryevich Khoroshev, who is being accused of being the one to develop and maintain the dreaded LockBit ransomware, a … Read more

Apple Cuts Vision Pro Shipments As Demand Falls ‘Sharply Beyond Expectations’

Apple Cuts Vision Pro Shipments As Demand Falls ‘Sharply Beyond Expectations’

Apple has dropped the number of Vision Pro units that it plans to ship in 2024, going from an expected 700 to 800k units to just 400k to 450k units, according to Apple analyst Ming-Chi Kuo. Orders have been scaled back before the Vision Pro has launched in markets outside of the United States, which … Read more

Businesses are ramping up AI spending as demand for new skills increases

Businesses are ramping up AI spending as demand for new skills increases

The world is witnessing a significant shift in its labor market due to the increasing adoption of artificial intelligence, new research has claimed. A report from LinkedIn has detailed a 9% surge in hiring AI technical talent over the past year in the UK, signaling a growing reliance on the emerging technology that has now … Read more

Compact cameras are making a comeback as demand for Nikon Coolpix soars by over 8,000% – and it’s little to do with cameras

Compact cameras are making a comeback as demand for Nikon Coolpix soars by over 8,000% – and it’s little to do with cameras

It’s 2024, and retro-styled digital cameras like the new Fujifilm X100VI are very much in, but research by musicMagpie has delivered surprising findings about the genuinely retro tech that people are really searching for online. While film photography is certainly in vogue, with Gen Z turning to point-and-shoot cameras like the Kodak Ektar H35, it … Read more

Misleading talk about iPhone demand in China costs Apple $490M

Misleading talk about iPhone demand in China costs Apple 0M

Tim Cook didn’t give investors the truth about iPhone demand in China in 2018 and it’s costing the company. Photo: Ed Hardy/Cult of Mac Apple reportedly settled a class action lawsuit that accused the company of hiding news of declining iPhone demand in China. It concerns comments made by CEO Tim Cook during an investor … Read more

Better Samsung Galaxy S24 sales is a result of higher Galaxy S24+ demand

Better Samsung Galaxy S24 sales is a result of higher Galaxy S24+ demand

Samsung received a good response for its latest flagship smartphone lineup, the Galaxy S24. The Galaxy S24 broke pre-order records in key markets and achieved double-digit sales growth. Those higher sales could be attributed to higher demand for the Galaxy S24+, at least according to a new report. Galaxy S24+ sales are 53% higher than … Read more

Rivian’s R2 pre-order numbers hint at pent-up demand for Musk-free EV innovation

Rivian’s R2 pre-order numbers hint at pent-up demand for Musk-free EV innovation

Rivian’s R2 reservations are off to a hot start. On Friday, CEO RJ Scaringe posted on X that the automaker had taken more than 68,000 reservations for the SUV in less than 24 hours. Amid alarmingly weakened demand for electric vehicles, perhaps there’s a latent interest in innovative EV companies when they aren’t helmed by … Read more