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Intel Bleeds Red, Plans 15% Workforce Layoff and $10B Cuts For 2025

Amidst the backdrop of a weak quarterly earnings report that saw Intel lose money for the second quarter in a row, Intel today has announced that the company will be cutting costs by $10 billion in 2025 in an effort to bring Intel back to profitability. The cuts will touch almost every corner of the…

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Ohio adds support for digital driver’s license in Apple Wallet

Ohio residents can now add their state IDs and driver’s licenses to the iPhone’s Wallet app. Ohio is the fifth US state to support this feature.First announced in September 2021, Apple revealed an ambitious plan to make its Wallet app the main wallet for every user. The company wanted every US state to add support…

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Report: Intel Meteor Lake In Short Supply Due to Yield Issues, Intel Running Hot Lots

Alongside Intel’s weak Q2 2024 earnings report and the announcement of $10 billion in spending cuts and layoffs for 2025, the company is also relaying one other piece of bad news regarding its current chip deliveries. A brief report, posted on X by analyst Patrick Moorhead and citing a conversation with Intel CEO Pat Gelsinger,…

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Next-gen Apple Vision Pro might steal my favorite M4 iPad Pro feature

A new generation of Apple Vision Pro isn’t expected before 2026. However, rumors suggest this new model will be lighter, more power-efficient, have a better field of view, and unlock new capabilities with newer, faster processors.One of these improvements was first introduced on the M4 iPad Pro: Tandem displays. According to the Korean website Sisa…

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Scary Android malware steals your money then wipes your device

A new Android malware currently making the rounds is about as terrifying as any we’ve seen in recent months. Researchers from Cleafy Labs say that they analyzed a previously undiscovered Android remote administration tool (RAT) in May which they later dubbed BingoMod. The goal of the malware is to initiate money transfers on Android devices,…

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Is it time to refresh the UK’s cyber strategy?

By Published: 01 Aug 2024 Governments around the world are prioritising cyber defence in response to the growing threat of cyber attacks. A new government may bring changes in organisational structures, requiring alignment of cyber defence strategies with new governance models and reassessment of resource allocation to ensure optimal funding and staffing for cyber defence…

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CrowdStrike shareholders sue, alleging false security claims

CrowdStrike shareholders have filed a lawsuit in the United States in which they claim the cyber security firm made materially false and misleading representations about the integrity of its technology. They also claim that CrowdStrike defrauded them through covering up that inadequate attention to software testing could cause the 19 July incident that saw millions…

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Breach costs soar as record ransomware payment made

The average cost of a data breach in the UK has soared to £3.58m from March 2023 to February 2024, up 5% compared with the previous 12-month period and reversing a declining trend, with financial services organisations seeing the costliest incidents, followed by professional services and technology, all averaging £5.4m and over. This data, contained…

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Best Buy Briefly Lists AMD’s Ryzen 9000 CPUs: From $279 to $599

Although AMD delayed launch of its Ryzen 9000-series processors based on the Zen 5 microarchitecture from July 31, to early and mid-August, the company’s partner (and major US retailer) Best Buy briefly began listing the new CPUs today, revealing a very plausible set of launch prices. As per the retailer’s product catalog, the most affordable…

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