United Airlines has announced a major upgrade to its in-flight internet service. Starting in 2025, the airline will roll out SpaceX's Starlink satellite-based Wi-Fi across its entire fleet, offering passengers faster, more reliable internet access for free. This shift is set to change the in-flight experience for passengers, making it easier to stay connected and enjoy a more smoother online experience while traveling.
During a large-scale distributed denial-of-service (DDoS) campaign targeting the financial services, internet, and telecommunications sectors, attacks reached an unprecedented peak of 3.8 terabits per second (Tbps), the highest recorded to date. This month-long assault consisted of over 100 hyper-volumetric DDoS attacks, which inundated network infrastructure with vast amounts of garbage data.
As part of its strategy to catch up with leaders in EV technology, Toyota is preparing to introduce its first electric vehicle equipped with an advanced self-driving system. GAC Toyota, a joint venture between Toyota Motor and Guangzhou Automobile Group (GAC), announced that it will launch an EV with capabilities similar to Tesla's Full Self-Driving (FSD) system next year in China.
The latest Stack Overflow Developer Survey highlights a troubling trend: a majority of developers are dissatisfied with their jobs, with anecdotal evidence suggesting that plumbers and farmers are happier. The survey, which gathered responses from over 65,000 developers across 185 countries, focused on technologies, tools, artificial intelligence (AI), and workplace experiences. This year, dissatisfaction in the workplace emerged as a prominent theme, with more developers expressing discontent than ever before.
On August 1, 2012, Knight Capital Group experienced a major software failure that led to a significant stock market disruption and enormous financial losses. The problem began when a technician failed to update the Retail Liquidity Program (RLP) code on one of the eight SMARS servers, which was Knight's automated routing system for equity orders. This server still ran outdated code, specifically the "Power Peg" function, which was repurposed by the new RLP code. As a result, the server sent out orders indefinitely without properly recording their completion.
Intel is reducing its workforce by over 15 percent, which means more than 15,000 job cuts from its current 125,000 employees. This action is part of a broader $10 billion cost-saving plan set for 2025. As part of this strategy, the company plans to cut its research and development (R&D) and marketing budgets by billions annually through 2026, reduce capital expenditures by more than 20 percent this year, and restructure its operations to eliminate non-essential work. Additionally, Intel will review all active projects and equipment to ensure that resources are allocated efficiently.
Google is retiring the Chromecast brand and removing its Chromecast hardware from the market after 11 years, but it is not exiting the streaming device business. Instead, Google is introducing a new product called the Google TV Streamer, designed to compete with high-end streaming boxes like the Apple TV and Roku Ultra.
Amazon is intensifying its expectations for corporate employees to adhere to office hours. Business Insider, referencing sources familiar with the matter, reported that Amazon is monitoring the time corporate employees spend in the office. Certain teams, including those in the retail and cloud computing sectors, received notifications via Slack that they must spend at least two hours in the office for their attendance to be counted. Other teams are required to be present for at least six hours.
Big tech companies continue to encourage employees to return to physical offices, but many workers resist. A recent report indicates that Dell has encountered significant challenges in this effort.
Earlier this year, Dell introduced a new return-to-office policy requiring employees to designate themselves as either remote or hybrid. Those choosing the hybrid option must work in a physical office 39 days per quarter, roughly three days per week. Conversely, remote workers are ineligible for promotions or new roles within the company.
The global technology outage caused by CrowdStrike’s faulty update is estimated to cost US Fortune 500 companies $5.4 billion, according to insurers. CrowdStrike has committed to implementing changes to prevent a recurrence. The projected losses do not include Microsoft, which also experienced widespread system failures due to the crash. Insurer Parametrix indicates that companies in banking, healthcare, and major airlines will be most affected. The total insured losses for non-Microsoft Fortune 500 companies are estimated between $540 million and $1.08 billion.
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