SAN FRANCISCO (Reuters) – A hack into software maker CDK Global has disrupted operations at auto dealerships across the U.S., the latest in a series of hacks where ransom-demanding cybercriminals target big companies by breaching behind-the-scenes software suppliers. CDK makes software that is commonly used by car dealerships to process sales and other transactions. In […]
Malaysia’s Human Resources Minister Steven Sim called for a renewal of the global social contract — how states should act towards one another — not one of the country’s founding principles, contrary to social media posts that shared a misleading news headline about the minister’s speech at the International Labour Conference in June 2024. Malaysia’s […]
By Steven Scheer JERUSALEM (Reuters) – Israel next month will launch a tender to establish the country’s first supercomputer to ensure the country remains a global leader in artificial intelligence (AI) technologies, the chief executive of the state-backed Israel Innovation Authority said on Wednesday. Speaking at an AI conference, Dror Bin said that while AI […]
UNITED NATIONS (AP) — The United Nations chief on Monday launched global principles to combat online hate and lies and demanded that big tech companies use their power to reduce the harm they are doing to people and societies around the world. Secretary-General António Guterres also demanded that advertising and public relations companies “stop monetizing […]
Surging demand for high-bandwidth memory (HBM) chips – used in data centres for artificial intelligence (AI) projects – is heating up the global semiconductor industry, but mainland China’s supply chain is not ready to reap the benefits of this booming market segment, according to a Bank of America (BofA) analyst. “Memory chips are experiencing a […]
STORY: Vietnam’s coffee growers have been hit hard by the worst drought in nearly a decade this year, and that could mean a morning espresso is about to get more costly. The country is the world’s second biggest coffee producer and the top producer of robusta beans, the variety most commonly found in espressos and […]
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(Bloomberg) — Japan’s record share market rally earlier this year is looking like a distant memory as foreign investors sell off stocks in a sluggish economy. Most Read from Bloomberg Citigroup Inc. and abrdn Plc are among banks that have turned more pessimistic toward the nation’s equities as the outlook for corporate governance reform and […]
Thousands of car dealerships were crippled this week after CDK Global suffered back-to-back cyberattacks, leading to disruptions in business operations — including sales, financing and payroll systems — across North America. If you’re looking to buy a vehicle this week, you might be impacted. Here’s what we know. What is CDK Global — and what […]
(Bloomberg) — Venezuela, already under sanctions from the US, is expected to get added to a global watchdog’s “gray list” for not making sufficient progress to stem illicit financial flows. Most Read from Bloomberg The Paris-based Financial Action Task Force is poised to put the South American nation — home to the world’s largest proven […]
The World Health Organisation and US drug manufacturer Eli Lilly have warned people to be wary of fake versions of popular weight loss and diabetes medicines. The WHO said on Thursday that it has received reports of fake semaglutide — the active ingredient in Novo Nordisk’s Wegovy and Ozempic — in all regions of the […]
The deadly heatwave that scorched large swaths of Mexico, Central America and the southern US in recent weeks was made 35 times more likely due to human-induced global heating, according to research by leading climate scientists from World Weather Attribution (WWA). Tens of millions of people have endured dangerous day – and nighttime temperatures as […]