CrowdStrike Software Issue Causes Global Microsoft IT Outage, Highlighting Fragility of Tech Systems and AI Risks

A software issue originating from cybersecurity firm CrowdStrike resulted in a widespread Microsoft IT outage, disrupting various industries worldwide. The incident has shed light on the vulnerability of technology systems and raised concerns about the risks associated with artificial intelligence (AI). Experts emphasize the need for government regulation and increased investment in security to mitigate […]

Understanding FINRA: The Role and Responsibilities of the Financial Industry Regulatory Authority

The Financial Industry Regulatory Authority (FINRA) is a self-regulatory organization (SRO) that oversees broker-dealer firms, registered brokers, and market dealings in the United States. Empowered by the Securities and Exchange Commission (SEC), FINRA plays a crucial role in maintaining market integrity and protecting investors from manipulation or fraud. Brokers must be registered with FINRA in […]

Microsoft Researchers Develop SpreadsheetLLM to Enhance Language Models’ Understanding of Spreadsheets

Microsoft researchers have introduced a new encoding framework called SpreadsheetLLM, aimed at enabling large language models (LLMs) to comprehend spreadsheets more effectively. Published on July 12 in a paper on Arxiv, the researchers believe that SpreadsheetLLM has the potential to revolutionize spreadsheet data management and analysis, leading to more intelligent and efficient user interactions. Spreadsheets […]

DOE Announces $33 Million Funding Opportunity for Smart Manufacturing Technologies

The U.S. Department of Energy’s Advanced Materials and Manufacturing Technologies Office (AMMTO) has unveiled a funding opportunity worth $33 million to accelerate the development and deployment of smart manufacturing technologies. These technologies are crucial for the nation’s clean energy transition and will contribute to the advancement of innovative materials and processes. Smart manufacturing involves the […]

HUD’s Failure to Track Rental Assistance Funds Exposes Vulnerabilities to Fraud

A recent case of rent fraud in New York City has shed light on the U.S. Department of Housing and Urban Development’s (HUD) decade-long resistance to fighting fraud and its failure to properly track rental assistance funds. Paul Fishbein, a convicted fraudster, managed to deceive local housing agencies and steal $1.8 million in government rent […]

U.S. Department of Energy Awards $52 Million in Grants for Clean Energy Research and Development

The U.S. Department of Energy (DOE) has announced the allocation of $52 million in grants to support clean energy research and development projects across 39 states. These grants, in line with President Biden’s Investing in America agenda, aim to address a wide range of challenges, including cybersecurity for electric vehicle charging infrastructure, radiation threat detection, […]

Influencers Show Support for Trump, While Few Vocalize Support for Biden

In the midst of the presidential election season, influencers are making their voices heard, with many expressing support for former president Donald Trump while few have vocally endorsed President Joe Biden. Influencers such as Bryce Hall, Jake Paul, and FaZe Banks have recently signaled their support for Trump, while major influencers have remained relatively silent […]

Ecommerce Fraud on the Rise: Experts Share Insights on Prevention Strategies

Ecommerce fraud has seen a significant increase in recent years, with businesses losing an estimated $100 billion in 2020 alone. As the ecommerce landscape continues to evolve, experts from TeleSign, including Michael Lappin and Bart Goethals, have shed light on the state of fraud in the industry and provided strategies to combat this growing problem. […]