Duncan Riley – SiliconANGLE

In latest AI training drama, Runway accused of using publicly available YouTube videos

Duncan Riley — Thu, 25 Jul 2024 23:24:37 +0000

In the latest drama surrounding the training of artificial intelligence models, video generation startup Runway AI Inc. is being accused of using publicly available YouTube videos to train its AI video generation model. The company, which launched its Gen-3 Alpha model for generating 10-second videos in June to generally positive reviews, is claimed by 404 […]

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EU reportedly set to fine Meta over allegedly anticompetitive Marketplace Facebook integration

Duncan Riley — Thu, 25 Jul 2024 22:41:41 +0000

Meta Platforms Inc. is reportedly set to be hit with its first European Union antitrust fine in tying Marketplace, the Facebook classified service, to Facebook itself. Reuters, referencing people with direct knowledge of the matter, claims that Meta could be fined as much as $13.4 billion, or 10% of its 2023 global revenue, although the […]

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Cisco Talos: Business email compromise and ransomware topped threats in second quarter

Duncan Riley — Thu, 25 Jul 2024 10:00:46 +0000

A new report out today from Cisco Talos finds that business email compromise and ransomware were the top threats in the second quarter of 2024, with technology companies becoming the most targeted sector. The Cisco Talos Incident Response Trends Q2 2024 (April-June) report, based on incident response engagements undertaken by Cisco Talos, found that BEC […]

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Stolen internal documents from Pentagon contractor Leidos leaked online

Duncan Riley — Wed, 24 Jul 2024 23:51:23 +0000

Hackers have reportedly leaked stolen internal documents from Leidos Holdings Inc., one of the largest information technology services providers to the U.S. government and notably a Pentagon contractor. Bloomberg, referencing a person familiar with the matter, claims that Leidos recently learned of the issue and believes that the documents were stolen as part of a […]

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Unified security remediation platform startup Dazz raises $50M to enhance capabilities

Duncan Riley — Wed, 24 Jul 2024 23:15:49 +0000

Unified security remediation platform startup Dazz Inc. today announced that it has raised $50 million in new funding to fuel its mission to help security and engineering teams efficiently reduce exposures. Founded and launched in 2021 by co-founders who included two former Microsoft Corp. security executives, Dazz offers a cloud security platform that helps security […]

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OneStream shares pop 34% on Nasdaq debut in positive sign for tech IPOs

Duncan Riley — Wed, 24 Jul 2024 22:42:52 +0000

Shares in financial service provider OneStream Inc. closed their first day trading up more than 34% after making their debut on the Nasdaq this morning, in what could be a positive sign for tech-related initial public offerings going forward. OneStream filed its paperwork to go public on July 15, with the company initially offering 24.5 million […]

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Dialpad releases enhanced ‘Ai Sales’ platform to streamline sales processes

Duncan Riley — Wed, 24 Jul 2024 13:00:24 +0000

Business communications service provider Dialpad Inc. today announced the release of a new version of “Ai Sales,” its artificial intelligence sales platform, that helps make it easier for sellers to sell. Powered by DialpadGPT, Dialpad’s large language model, Ai Sales leverages more than 6 billion minutes of business conversations from meetings, phone calls and digital channels to […]

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AI-powered cloud risk resolution startup ZEST Security launches with $5M in funding

Duncan Riley — Wed, 24 Jul 2024 12:00:12 +0000

Artificial intelligence-powered cloud risk resolution platform startup ZEST Security Inc. today launched with $5 million in funding to develop and scale up its platform. The company was founded by Snir Ben Shimol and Uri Aronovici (pictured), both former Israeli Defense Forced Intelligence officers with experience at companies including Akamai Technologies Inc. and Varonis Systems Inc. […]

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NetRise study warns that network equipment vulnerabilities far exceed previous estimates

Duncan Riley — Wed, 24 Jul 2024 10:00:56 +0000

A new study released today by cybersecurity firm NetRise Inc. warns that vulnerability risks associated with network equipment are far greater than previously understood. NetRise’s third-quarter supply chain visibility and risk study for network equipment, based on the analysis of more than 100 different networking equipment devices, found that traditional network-based vulnerability scanners significantly underreport the […]

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New PlugX RAT campaign distributed through USB drives targets Steam users

Duncan Riley — Wed, 24 Jul 2024 10:00:42 +0000

Researchers from security operations company Ontinue AG today are warning of a new PlugX Remote Access Trojan campaign that is targeting Steam users. PlugX is a RAT malware family that has been around since 2008 and is used as a backdoor to control a victim’s machine. Once an infection takes place, a hacker can remotely execute […]

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AI call center startup Level AI raises $39.4M to boost innovation

Duncan Riley — Tue, 23 Jul 2024 22:35:46 +0000

Artificial intelligence-powered call center services startup Level AI today announced that it has raised $39.4 million in new funding to scale its product offering and increase its headcount. Founded in 2019, Level AI specializes in enhancing customer experiences in contact centers through AI that integrates human and machine intelligence to provide real-time insights. The company’s […]

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Tesla shares drop 6% on mixed results as price-cutting drives down automotive revenue

Duncan Riley — Tue, 23 Jul 2024 22:04:30 +0000

Shares in Tesla Inc. fell about 6% in late trading today after the electric car maker and energy company reported mixed quarterly results. For its second quarter that ended June 30, Tesla reported adjusted earnings per share of 52 cents, down from 90 cents in the same quarter of last year, on revenue of $25.5 billion, […]

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Momentum raises $13M to enhance AI-driven customer intelligence platform

Duncan Riley — Tue, 23 Jul 2024 13:00:20 +0000

Customer intelligence platform startup Momentum Labs Inc. announced today that it has raised $13 million in new funding to accelerate product development and drive business expansion. Founded in 2020, Momentum offers a platform that taps into sales and customer calls to transform into customer intelligence using artificial intelligence and automation. The platform automatically captures customer […]

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New Secure Code Warrior agent enhances secure-by-design approach for application security teams

Duncan Riley — Tue, 23 Jul 2024 12:00:41 +0000

Agile learning platform startup Secure Code Warrior Ltd. today introduced a new solution that aims to give security leaders visibility into their organizations’ software security posture. Called SCW Trust Agent, the new solution assesses the specific security competencies of developers for every code commit. The solution also allows chief information security officers and application security teams […]

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New Nozomi Networks security sensor provides extended visibility into industrial control systems

Duncan Riley — Tue, 23 Jul 2024 12:00:36 +0000

Industrial cybersecurity firm Nozomi Networks Inc. today announced a new security offering for industrial control systems and field assets that provides extended, real-time visibility into internal systems. Called Arc Embedded, the new security sensor runs embedded in Mitsubishi Electric programmable logic controllers and is claimed to be an industry first. The service allows security and operations teams […]

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Now-patched Telegram for Android vulnerability exposed users to malicious videos

Duncan Riley — Mon, 22 Jul 2024 22:29:32 +0000

Researchers at ESET s.r.o. today shared details of a now-patched vulnerability that was being used to target Telegram for Android users via malicious videos. The exploit, dubbed “EvilVideo,” could have allowed attackers to share malicious Android payloads via Telegram channels, groups and chats, with the malicious files presenting as multimedia, particularly video files, to users. The […]

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Heeler Security raises $8.5M to advance real-time application security platform

Duncan Riley — Mon, 22 Jul 2024 11:00:36 +0000

Application security startup Heeler Security Inc. today announced that it has raised $8.5 million in new funding to enhance its real-time application security platform to improve detection, posture management and response orchestration throughout the software development lifecycle. Launched in June 2023, Heeler’s offering seeks to address the issue wherein the growing complexity of modern applications […]

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Microsoft reveals 8.5M Windows computers were affected by CrowdStrike outage

Duncan Riley — Sun, 21 Jul 2024 22:21:12 +0000

Microsoft Corp. has revealed that an estimated 8.5 million computers running Windows were affected by a CrowdStrike Holdings Inc. update that caused widespread global outages on Friday, as both companies continue to assist affected customers. The disruption caused by an update to CrowdStrike’s Falcon security software spread globally throughout Friday, taking banks, airlines, government services and […]

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OpenAI reportedly holding talks with Broadcom and others to develop new AI server chip

Duncan Riley — Thu, 18 Jul 2024 23:20:24 +0000

OpenAI is reportedly talking with chip designers, including Broadcom Inc., about developing a new artificial intelligence chip for servers. The Information reported that the initiative is being led by OpenAI Chief Executive Officer Sam Altman and is part of a larger plan to increase the company’s computing power for AI development. The idea of developing new […]

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Meta reportedly in talks to acquire minority stake in eyewear maker EssilorLuxottica

Duncan Riley — Thu, 18 Jul 2024 22:39:54 +0000

Meta Platforms Inc., the parent company of services including Facebook, Instagram and WhatsApp, is reportedly in talks to acquire a minority stake in EssilorLuxottica SA, the world’s largest eyewear maker. According to The Wall Street Journal, Meta has been holding talks with the eyewear maker to acquire a stake of about 5% of the company, valued […]

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Protect AI warns of increasing security risks in open-source AI and ML tools

Duncan Riley — Thu, 18 Jul 2024 13:00:20 +0000

A new report released today by Protect AI Inc. is sounding an alarm over increasing security vulnerabilities in popular open-source artificial intelligence and machine learning tools, with 20 critical flaws found across various large language models. Found through Protect AI’s AI/ML “huntr” bug bounty program, which has over 15,000 community members, the vulnerabilities include significant […]

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15M email addresses stolen from Atlassian’s Trello shared on hacking forum

Duncan Riley — Wed, 17 Jul 2024 22:54:07 +0000

Atlassian Corp.-owned list-making application Trello has suffered a data breach with names and emails of over 15 million users shared on BreachForums. Bleeping Computer reports that the data related to a breach that first came to light in January when a threat actor known as “emo” first offered the Trello user profiles for sale. While […]

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Nvidia joins $80M funding round for Israeli AI disease model company CytoReason

Duncan Riley — Wed, 17 Jul 2024 22:19:23 +0000

Israeli artificial intelligence disease model company CytoReason Ltd. today said it has raised $80 million in new funding in a round that included Nvidia Corp. to expand the application of its models, grow its molecular and clinical data, and establish an office in the U.S. later this year. Founded in 2016, CytoReason develops AI-driven disease models […]

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Neovera acquires Emagined Security to strengthen cybersecurity services

Duncan Riley — Wed, 17 Jul 2024 13:00:00 +0000

Managed information technology service provider Neovera Inc. announced today that it has acquired cybersecurity solutions provider Emagined Security Inc. for an undisclosed sum. Founded in 2002, Emagined Security offers a range of services focused on safeguarding organizations from cyberthreats. The company’s offerings include risk assessments, which help identify and mitigate potential vulnerabilities and penetration testing, which […]

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Enhanced R&D and service in focus as Exabeam and LogRhythm finalize merger

Duncan Riley — Wed, 17 Jul 2024 11:00:44 +0000

Security intelligence and event management solutions startup Exabeam Inc. and security intelligence firm LogRhythm Inc. today announced that they have completed their merger to create a new artificial intelligence-driven security platform company. The merger, announced in May, was pitched as allowing customers from both companies to benefit from enhanced research and development investments and product innovation, greater service and support […]

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Kandji raises $100M on $850M valuation to enhance Apple endpoint management solutions

Duncan Riley — Wed, 17 Jul 2024 11:00:29 +0000

Apple endpoint management and security platform company Kandji Inc. today announced that it has raised $100 million in new funding on a $850 million valuation to support product innovation and engineering, enabling it to bring further advancements to its management and security of enterprise Apple devices. Founded in 2018, Kandji offers a unified device management […]

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Blackberry unveils CylanceMDR Pro to boost AI-powered cybersecurity for busineses

Duncan Riley — Wed, 17 Jul 2024 10:00:04 +0000

BlackBerry Ltd. today announced the launch of CylanceMDR Pro, a new managed detection and response service built on its artificial intelligence-powered Open XDR platform. The new service is designed to tackle the challenges of modern cybersecurity by overcoming the operational burden facing security teams that must defend against increasingly sophisticated adversaries across expanding attack surfaces. […]

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Report: Anthropic, Nvidia, Apple and Salesforce used YouTube transcripts to train AI

Duncan Riley — Tue, 16 Jul 2024 23:34:54 +0000

A new report released today says companies that include Anthropic PBC, Nvidia Corp., Apple Inc. and Salesforce Inc. have used subtitles from YouTube videos to help train their artificial intelligence service without permission, raising questions about the ethical implications of using publicly available material and facts without consent. The report from Proof News claims that […]

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Normalyze launches new Snowflake native app to strengthen data access security

Duncan Riley — Tue, 16 Jul 2024 13:00:28 +0000

Data security posture management company Normalyze Inc. today announced the launch of a new Snowflake Inc. native app on the Snowflake Marketplace as part of a partnership to enhance data access security. Normalyze DPSM, Powered by Snowflake, has been designed to tackle security challenges organizations face in securing their data environments. The first challenge, overprivileged access, […]

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Rezonate launches new identity security platform for human and nonhuman identities

Duncan Riley — Tue, 16 Jul 2024 12:00:26 +0000

Cloud identity and access startup Rezonate Inc. today announced the launch of a new platform for identity-centric security that offers unified coverage for both human and nonhuman identities. The new platform takes a unified approach to managing identities to ensure end-to-end visibility with risk-driven actionability across the identity fabric of an organization. It provides a risk-driven and context-aware […]

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