Mr. Musk ordered immediate layoffs, fired executives by email and laid down product deadlines, transforming the company.
Author: Admin
LockBit ransomware suspect nabbed in Canada, faces charges in the US
Enlarge (credit: manley099) Federal prosecutors on Thursday charged a dual Russian and Canadian national for his alleged participation in a global campaign to spread ransomware known as LockBit. Mikhail Vasiliev, 33, of Bradford, Ontario, Canada, was taken into custody in late October by authorities in Ontario, officials at Interpol said. He is now in custody...
A Verified Mess: Turmoil From Twitter to FTX
Plus: Is the latest round of tech layoffs a sign of impending doom, or a much-needed structural correction?
DeviantArt upsets artists with its new AI art generator, DreamUp
Enlarge / DreamUp AI image generator artwork proved by DeviantArt. (credit: DeviantArt) On Friday, the online art community DeviantArt announced DreamUp, an AI-powered text-to-image generator service powered by Stable Diffusion. Simultaneously, DeviantArt launched an initiative that ostensibly lets artists opt out of AI image training but also made everyone’s art opt in by default, which...
Musk Paints Bleak Picture for Twitter as Executives Depart
In his first communications with Twitter’s staff, the company’s new owner painted a bleak picture as more executives resigned.
FTX’s Sam Bankman-Fried Says He Is Trying to Raise More Money
Sam Bankman-Fried told employees that he wanted to reinforce his company’s finances after a collapse that is drawing scrutiny from regulators.
Tech’s Talent Wars Have Come Back to Bite It
Hiring the best, the brightest and the highest number of employees was a badge of honor at tech companies. Not anymore as layoffs surge.
After Election, Cautious Optimism That Few False Narratives Took Hold
Researchers who study disinformation said most efforts to stoke doubt about results had failed to spread widely.
What Happened to FTX? Here’s What to Know.
Binance, the world’s largest cryptocurrency exchange, was set to bail out FTX. Then it pulled out of the deal.
Microsoft links Russia’s military to cyberattacks in Poland and Ukraine
Enlarge (credit: Getty Images) Microsoft on Thursday fingered Russia’s military intelligence arm as the likely culprit behind ransomware attacks last month that targeted Polish and Ukrainian transportation and logistics organizations. If the assessment by members of the Microsoft Security Threat Intelligence Center (MSTIC) is correct, it could be cause for concern for the US government...

