Technology

US offshore oil and gas rigs at ‘significant’ risk of cyberattacks, warns government watchdog

November 22, 2022

U.S. offshore oil and gas infrastructure faces “significant and increasing” cybersecurity risks that require “urgent” attention, a U.S. government’s watchdog has warned. The Government Accountability Office said in a new report that the network of over 1,600 offshore facilities that produces a significant portion of U.S. domestic oil and gas are at a growing risk […]

US offshore oil and gas rigs at ‘significant’ risk of cyberattacks, warns government watchdog by Carly Page originally published on TechCrunch

Aura, the frame and photo startup, raises $26M as app users near 3M and frames sold pass 500K

November 22, 2022

Aura, a startup founded by early Twitter employees that makes digital frames and photo sharing apps that can also be used to update those frames, has pulled in some funding to expand its business as it closes in on three million users of its app and half a million frames sold. The company has raised […]

Aura, the frame and photo startup, raises $26M as app users near 3M and frames sold pass 500K by Ingrid Lunden originally published on TechCrunch

Amazon launches second cloud region in India, pledges $4.4 billion investment

November 22, 2022

Amazon has set up its second AWS region in India and says the cloud unit will invest more than $4.4 billion in the South Asian market by 2030, part of the company’s attempts to widen its growing cloud tentacles across the globe. The retailer said Tuesday that it has launched an AWS infrastructure region in […]

Amazon launches second cloud region in India, pledges $4.4 billion investment by Manish Singh originally published on TechCrunch

The Download: China’s social credit law, and robot dog navigation

November 22, 2022
This is today’s edition of The Download, our weekday newsletter that provides a daily dose of what’s going on in the world of technology. Here’s why China’s new social credit law matters It’s easier to talk about what China’s social credit system isn’t than what it is. Ever since 2014, when China announced plans to build it,…

UK confirms antitrust probe of Android-iOS ‘mobile duopoly’ focused on browsers and cloud gaming

November 22, 2022

The UK’s antitrust watchdog has moved to deepen its scrutiny of the Apple and Google mobile duopoly — kicking off an in-depth investigation into elements of the pair’s mobile ecosystem dominance by probing their approach toward rival mobile browsers and cloud gaming services which it’s concerned could be restricting competition and harming consumers. The move […]

UK confirms antitrust probe of Android-iOS ‘mobile duopoly’ focused on browsers and cloud gaming by Natasha Lomas originally published on TechCrunch

Trust large language models at your own peril

November 22, 2022
This story originally appeared in The Algorithm, our weekly newsletter on AI. To get stories like this in your inbox first, sign up here. When Meta launched Galactica, an open-source large language model designed to help scientists, the company—reeling from criticism of its expensive metaverse investments and its recent massive layoffs—was hoping for a big PR win. Instead,…

China just announced a new social credit law. Here’s what it means.

November 22, 2022
It’s easier to talk about what China’s social credit system isn’t than what it is. Ever since 2014 when China announced a 6-year plan to build a “social credit system” that would reward actions that build trust in society and penalize the opposite, it has been one of the most misunderstood things about China in…

Taktile raises $20M to help fintech companies test and deploy decision-making models

November 22, 2022

The logic behind many fintech companies’ automated decisions — decisions that determine whether a customer is approved for a credit line, for example — is hard-coded into their app’s backend. This means that if a head of credit, for example, wants to make a change to the lending criteria, they have to raise a ticket […]

Taktile raises $20M to help fintech companies test and deploy decision-making models by Kyle Wiggers originally published on TechCrunch

Leta, a Kenyan supply chain and logistics SaaS provider, raises $3M to scale in Africa

November 22, 2022

Leta, a Kenyan B2B supply chain and logistics SaaS provider launched last year to optimize fleet management, is looking for growth opportunities in West Africa, even as it scales operations in its existing five markets. Leta’s proprietary route and load optimization technology is designed to boost efficiency in the delivery of goods to customers, and […]

Leta, a Kenyan supply chain and logistics SaaS provider, raises $3M to scale in Africa by Annie Njanja originally published on TechCrunch