Boeing’s labor dispute deepens as workers reject a proposed 35% wage increase, prolonging a strike that is costing the company $100 million daily. CEO Kelly Ortberg faces significant challenges as Boeing grapples with financial losses, operational setbacks, and the urgent need for cultural change.
Amazon’s $500M Push for Sustainable Energy with Small Modular Reactors for AI and Data Centers
Amazon has announced a groundbreaking $500 million investment into nuclear power, specifically focusing on small modular reactors (SMRs), to meet the rising energy demands of its data centers and artificial intelligence (AI) initiatives.
Massive Data Breach Hits Gryphon Healthcare, Affects Nearly 400,000 Americans
Gryphon Healthcare, a major American healthcare management organization, has become the latest victim of a sophisticated supply-chain cyberattack. This breach has resulted in the theft of sensitive medical data belonging to nearly 400,000 Americans, casting a spotlight on the vulnerabilities inherent in the healthcare sector’s digital infrastructure.
Google Partners with Kairos Power to Fuel Data Centers with Nuclear Micro-Reactors by 2030
Google has signed an agreement with Kairos Power to develop seven nuclear micro-reactors aimed at powering its data centers by 2030. This ambitious partnership underlines the tech giant’s commitment to sustainable energy solutions as the demand for electricity, particularly for data centers and artificial intelligence (AI), continues to surge.
TD Bank Reaches $1.2 Billion Settlement Over Allegations of Facilitating Ponzi Scheme and Money Laundering
TD Bank has reached a significant settlement, agreeing to pay $1.2 billion to resolve allegations that it played a role in facilitating a Ponzi scheme and being lax in preventing money laundering. The settlement follows a series of accusations that TD Bank failed to flag suspicious transactions linked to a notorious scam orchestrated by Allen Stanford, who is serving a 110-year prison sentence. This deal brings one of the largest settlements of its kind to TD Bank, which has been working to tighten its controls and policies in response to the accusations.
DoorDash Allegedly Suffers Data Breach, Exposing 1.5 Million Records
On September 24, 2024 it was reported of an alleged cyber attack against the food delivery service, DoorDash. The threat actor, 888, claims to have leaked the DoorDash data, which […]