Tag: Reports

Report: Ransomware victims increase security budgets due to surge in attacks

Hear from CIOs, CTOs, and other C-level and senior execs on data and AI strategies at the Future of Work Summit this January 12, 2022. Learn more As the end of 2021 approaches, there’s no doubt ransomware became a top cybersecurity concern across multiple industries.  Successful ransomware attacks like the Colonial Pipeline, which took down critical […]

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Toyota To Launch A China-Only Affordable EV Sedan In 2022 Using BYD’s Technology

Toyota is reportedly developing a new fully electric sedan for the Chinese market in collaboration with BYD. According to Reuters, Toyota’s second production EV is expected in late 2022, with competitive pricing, a roomy cabin, and a sedan bodystyle that is still quite popular among Chinese buyers. The electric sedan will reportedly be slightly larger […]

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Europe Turns To Green Hydrogen As Production Costs Are Set To Fall

The EU could soon increase their output of green hydrogen as production costs look set to tumble. The claims were made by European Commission President Ursula von der Leyen, citing a rise in gas prices, meaning that so-called “grey hydrogen” (hydrogen produced using fossil fuels) has become more expensive. Von der Leyen said green hydrogen, which […]

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Foxconn And Saudi Arabia Reportedly In Talks To Develop BMW-Based Electric Cars

Foxconn is reportedly in talks with Saudi Arabia to form a joint venture whose mission will be to build electric vehicles. The move could help the oil-rich kingdom diversify its economy as the automotive industry moves increasingly away from internal combustion engines. Saudi Arabia’s Public Investment Fund will create a new entity named Velocity, which […]

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Report: 63% of C-suite execs do not have an incident response plan

Hear from CIOs, CTOs, and other C-level and senior execs on data and AI strategies at the Future of Work Summit this January 12, 2022. Learn more According to a report by Shred-it, the information security service provided by Stericycle, 63% of C-level executives and 67% of small businesses in the U.S. do not have […]

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Texas Man To Spend 9 Years In Prison For Using Covid Funds To Buy Lamborghini Urus

A man from Houston, Texas has been sentenced to nine years in a federal prison after fraudulently receiving more than $1.6 million in low-interest Paycheck Protection Program loans during the COVID-19 pandemic. Lee Price III claimed that his three companies, Price Enterprises Holdings, Price Logistic Services, and 713 Construction, had large payrolls that needed to […]

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2022 Ford Expedition Timberline Will Reportedly Start at $68,150

The 2022 Ford Expedition Timberline will reportedly hit the market with a starting price of $68,150, or $69,845 when factoring in a $1,695 delivery and destination fee. Ford unveiled the 2022 Expedition back in September and confirmed that it would also be available in off-road-focused Timberline guise. Official pricing details haven’t been announced yet but […]

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Xiaomi To Build EV Plant In Beijing With 300,000-Unit Annual Capacity

Chinese electronics giant Xiaomi is venturing into the automotive world and will construct a factory that can produce up to 300,000 vehicles annually in Beijing. Authorities from China’s capital city have revealed that the plant will be constructed in two phases. Xiaomi will also establish the headquarters for its automotive division, as well as sales […]

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New Update Informs Tesla’s FSD Beta Testers They’ll Have To Give Up VIN-Associated Crash Videos

Tesla has begun asking its limited selection of Full-Self-Driving Beta drivers to allow footage recorded from the car’s onboard cameras to be used in the event of a crash. This footage will be “VIN-associated,” meaning it can be linked to a specific car and/or user.  Although footage from Tesla’s car cameras has been used by […]

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Bosch Workers Protest As 1,000+ Jobs Will Be Cut Due To EV Transition

It would seem that Volkswagen employees aren’t the only German workers worried about what the EV transition will mean for them. Bosch employees across the country protested in the face of looming job cuts. According to the IG Metall union, around 3000 workers at Europe’s largest auto part manufacturer launched a protest at the Bosch […]

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Report: 76% of U.S. startups feel confident about entering 2022

Hear from CIOs, CTOs, and other C-level and senior execs on data and AI strategies at the Future of Work Summit this January 12, 2022. Learn more According to a new report from Angel Investment Network, confidence has strongly returned to the startup ecosystem in the U.S. and in the U.K. 18 months since the […]

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Ionity Secures €700 Million To Expand European Charging Network

Ionity has received €700 million ($784 million) in fresh investments to accelerate the expansion of its charging network throughout Europe. The new investment comes from Ionity’s existing shareholders, as well as the BlackRock Global Renewable Power platform. The company will use the new funds to increase the number of its high-power 350 kW charging points […]

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Report: Applications and critical data vulnerable to attack

Hear from CIOs, CTOs, and other C-level and senior execs on data and AI strategies at the Future of Work Summit this January 12, 2022. Learn more According to a report by Synopsys, 97% of software and systems targets tested during 2020 were found to contain a vulnerability. Furthermore, 30% of the targets had high-risk […]

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Report: Zero-trust architecture is expected to increase cybersecurity efficacy by 144%

Hear from CIOs, CTOs, and other C-level and senior execs on data and AI strategies at the Future of Work Summit this January 12, 2022. Learn more As 2022 quickly approaches, Symmetry Systems and Osterman Research have released a report detailing how organizations plan to deploy zero-trust architecture, with 53% of respondents citing high-profile ransomware […]

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