software News

Russian Hacker Gets 4 Years in U.S. Prison for Malware Attacks

A Russian hacker who admitted to using malicious software known as NeverQuest to steal hundreds of thousands of dollars from online banking accounts was sentenced to four years in a U.S. prison. Stanislov Lisov, 33, also known as “Black” or …

Operator of ‘Booter’ Service for Cyber Attacks Sentenced to 13 Months

An Illinois man who has been hacking since he was a teenager was sentenced last week to 13 months in prison and ordered to forfeit $542,925 for operating a service that charged subscription fees to hackers who launched millions of …

United Joins U.S. Peers in Pulling 737 Max Until Early March

CHICAGO, Nov 15 — United Airlines Holdings Inc said on Friday it is extending cancellations of Boeing 737 MAX flights until March 4, joining U.S. peers who are also scheduling without the aircraft until early March as the jet awaits …

Delays in Boeing Max Return Began With Near-Crash in Simulator

Boeing Co. engineers were nearly done redesigning software on the grounded 737 Max in June when some pilots hopped into a simulator to test a few things. It didn’t go well. A simulated computer glitch caused it to to dive …

Boeing to Invest $1 Billion in Global Safety Drive – Sources

SEATTLE/HONG KONG — Boeing Co is planning an initial investment of around $1 billion into industry-wide pilot development as part of a long-term initiative to reduce risks like those faced by the crew in two 737 MAX crashes, people familiar …

Microsoft Wants to Teach Drones, Robots and Drills How to Think

Microsoft Corp. and technology rivals spend a lot of time talking about machine learning. Now Microsoft is talking about something called machine teaching. No the software maker doesn’t plan to send robots into classrooms. In a world where factories and …

Business News: FM Global Research Lab, Friss and Munich Re, MedRisk and Raintree

FM Global Expands Research Lab FM Global, an international commercial property insurer, had opened a electrical hazards and gas detection laboratory on its research campus in West Glocester, Rhode Island. The carrier said in a press release that the facility …

Voice Software Pioneer Says Amazon Used Its Technology in Alexa

A voice software technology developer is suing Amazon.com Inc., saying the e-commerce giant infringed on patents when developing software for the Alexa digital assistant. VB Assets LLC, which owns the rights to some of the technology developed by voice software …

Toyota’s War With Dealer Over Recalls Cost It $16 Million

Toyota Motor Corp. must pay $15.8 million to a California dealer who accused it of retaliating against him because he had developed safety-recall software that was costing the automaker millions of dollars in car repairs. A state court jury in …

The Power of Streamlined IT Investment: Simplifying Claims Technology Implementation

In the past decade or so, the world has undergone tremendous technological transformation. For example, in 2008, only 139 million smartphones were sold, compared to 1.56 billion in 2018, according to Statista. In that same year, Uber didn’t exist yet …