software News

Cloud Companies Chase Future in Cybersecurity ‘Wild West’

In March, VMware Inc. Chief Executive Officer Pat Gelsinger took the stage at a premier cybersecurity conference to deliver a cutting message to attendees: The industry had failed its customers and many of the companies were akin to ambulance chasers. …

Judge Finds Ransomware Damage to Computer a ‘Direct Physical Loss’

State Auto Property and Casualty Insurance Co. is liable for the cost of replacing a computer server that was damaged and perhaps permanently compromised by a ransomware attack despite the carrier’s argument that the business owner did not suffer a …

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 …