Tag: financial implications
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Slashdot: Coinbase Breach Linked To Customer Data Leak In India
Source URL: https://yro.slashdot.org/story/25/06/03/0135257/coinbase-breach-linked-to-customer-data-leak-in-india?utm_source=rss1.0mainlinkanon&utm_medium=feed Source: Slashdot Title: Coinbase Breach Linked To Customer Data Leak In India Feedly Summary: AI Summary and Description: Yes Summary: The text discusses a significant data breach incident involving Coinbase and its outsourcing partner TaskUs, where an employee leaked customer information in exchange for bribes. The timeline of when Coinbase became aware…
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The Register: SAP users grapple with 50% premium for industry-standard service levels
Source URL: https://www.theregister.com/2025/05/22/sap_sapphire_costs/ Source: The Register Title: SAP users grapple with 50% premium for industry-standard service levels Feedly Summary: Vendor’s AI-infused pitch at Sapphire marred by backlash over support costs News that SAP users face a 30-50 percent premium to get some cloud products – including core ERP – to industry-standard service levels threatens to…
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The Register: CoreWeave may have built a house of (graphics) cards
Source URL: https://www.theregister.com/2025/05/16/coreweave_graphics_cards/ Source: The Register Title: CoreWeave may have built a house of (graphics) cards Feedly Summary: An overdependence on hyperscalers and a mountain of debt could pull the rug out Comment CoreWeave this week said it would plow between $20 and $23 billion into GPU bit barns by year’s end in order to…
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Cisco Talos Blog: Xoxo to Prague
Source URL: https://blog.talosintelligence.com/xoxo-to-prague/ Source: Cisco Talos Blog Title: Xoxo to Prague Feedly Summary: In this week’s newsletter, Thor inspects the LockBit leak, finding $10,000 “security tips,” ransom negotiations gone wrong and a rare glimpse into the human side of cybercrime. AI Summary and Description: Yes Summary: The text discusses a significant cyber incident involving the…
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Slashdot: Marks and Spencer Confirms Hackers Stole Customers’ Personal Data; Cyber Insurance Payout To Be Worth Up To $133 Million
Source URL: https://it.slashdot.org/story/25/05/14/1050202/marks-and-spencer-confirms-hackers-stole-customers-personal-data-cyber-insurance-payout-to-be-worth-up-to-133-million?utm_source=rss1.0mainlinkanon&utm_medium=feed Source: Slashdot Title: Marks and Spencer Confirms Hackers Stole Customers’ Personal Data; Cyber Insurance Payout To Be Worth Up To $133 Million Feedly Summary: AI Summary and Description: Yes Summary: A significant data breach at U.K. retailer Marks & Spencer has resulted in the theft of customer personal information, including sensitive data.…
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Tomasz Tunguz: 100 Trillion Tokens
Source URL: https://www.tomtunguz.com/earnings-microsoft-2025-04-30/ Source: Tomasz Tunguz Title: 100 Trillion Tokens Feedly Summary: “We processed over 100t tokens this quarter, up 5x year over year, including a record 50t tokens last month alone.” If the market harbored any doubt for the insatiable demand for AI, this statement during Microsoft’s quarterly earnings yesterday, quashed it. What could…
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The Register: AI infrastructure investment may be $8T shot in the dark
Source URL: https://www.theregister.com/2025/05/01/ai_dc_investment_gamble/ Source: The Register Title: AI infrastructure investment may be $8T shot in the dark Feedly Summary: McKinsey warns datacenter binge could overshoot actual demand as execs scramble to keep up with hype A report from consultancy McKinsey & Company highlights the widespread unease over AI, pointing to the bewildering sums being invested…
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Slashdot: Gen AI Is Not Replacing Jobs Or Hurting Wages At All, Say Economists
Source URL: https://news.slashdot.org/story/25/04/29/2341207/gen-ai-is-not-replacing-jobs-or-hurting-wages-at-all-say-economists?utm_source=rss1.0mainlinkanon&utm_medium=feed Source: Slashdot Title: Gen AI Is Not Replacing Jobs Or Hurting Wages At All, Say Economists Feedly Summary: AI Summary and Description: Yes Summary: The report highlights a working paper examining the minimal impact of generative AI chatbots on traditional labor markets and wages. Despite rapid adoption across various occupations, the economic…
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Slashdot: AI Compute Costs Drive Shift To Usage-Based Software Pricing
Source URL: https://tech.slashdot.org/story/25/04/24/1650227/ai-compute-costs-drive-shift-to-usage-based-software-pricing?utm_source=rss1.0mainlinkanon&utm_medium=feed Source: Slashdot Title: AI Compute Costs Drive Shift To Usage-Based Software Pricing Feedly Summary: AI Summary and Description: Yes Summary: The software-as-a-service (SaaS) industry is transitioning from traditional “per seat” licensing to usage-based pricing models due to the high compute costs of advanced reasoning AI models. This transformation is crucial for understanding…