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Blog
How the CFPB Shutdown Is Impacting Consumers
Those cases involve several of the nation’s largest financial institutions, including the banks behind the payment app Zelle, over nearly $1 billion in allegedly unchecked consumer fraud on the platform; the bank Capital One, over an alleged scheme involving interest rates on millions of customers’ savings accounts; and Walmart, for allegedly opening accounts for more than 1 million delivery drivers…
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US tariffs: how Trump’s tax is impacting big tech and beyond
President Donald Trump has announced that he’s imposing a tariff on goods from some of the US’s biggest trade partners: Canada, Mexico, and China. Under the executive orders signed on February 1st, Canada and Mexico will face a 25 percent tariff, while goods from China will be subject to a 10 percent tax. Energy resources from Canada will also have…
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Trump’s first 100 days: all the news impacting the tech industry
Rosenworcel said the commission was rejecting complaints that “seek to weaponize the licensing authority of the FCC in a way that is fundamentally at odds with the First Amendment”. Then, on Wednesday, the FCC said in a series of orders the complaints had been dismissed “prematurely based on an insufficient investigatory record”. Source link
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Microchip Technology discloses cyberattack impacting operations
American chipmaker Microchip Technology Incorporated has disclosed that a cyberattack impacted its systems over the weekend, disrupting operations across multiple manufacturing facilities. Headquartered in Chandler, Arizona, the company has roughly 123,000 customers across multiple industry sectors, including industrial, automotive, consumer, aerospace and defense, communications, and computing markets. Due to an incident, some Microchip Technology manufacturing facilities operate at reduced capacity,…
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AutoCanada discloses cyberattack impacting internal IT systems
Hackers targeted AutoCanada in a cyberattack last Sunday that impacted the automobile dealership group’s internal IT systems, which may lead to disruptions. The company says that it took action immediately after detecting the incident to protect its network and data. External cybersecurity experts have been contracted to help with containment and remediation efforts. The investigation has yet to determine if…
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