Tangle Tech

Intel has announced plans to make a “meaningful number” of layoffs as part of wider cost-cutting measures. The chip giant says its expense reduction plan is set to slash costs by $3 billion in 2023, which it predicts will grow to between $8 billion to $10 billion in yearly cost reductions by the end of 2025. Intel chief executive officer Pat Gelsinger said the announcements were the results of “difficult decisions” but that the company needs “to balance increased investment in areas like leadership in TD, product and capacity in Ohio and Germany with efficiency measures elsewhere". What’s driving the layoffs? Intel's third-quarter revenue of $15.3 billion was down 20% year over year (YoY), while net income at the company nosedived 85% to $1 billion. Not all parts of the business were impacted equally, Intel’s driver-assist subsidiary Mobileye performed remarkably well, with revenues jumping up 38% to $450 million. The company’s data centre and AI division was not so luc...

Google is rolling out Version 107 of its Chrome browser which adds a variety of under-the-hood additions and makes some important tweaks to better protect you on the internet. Because of the 14 individual security fixes included in Chrome 107, we strongly recommend that you download the update as soon as it’s available to you. The most important one revolves around a zero-day vulnerability called CVE-2022-3723 . It's  a Type Confusion flaw affecting Chrome’s V8 JavaScript engine. As it’s described by cybersecurity company Avertium , the flaw allows bad actors to “trick” the browser into running malware and making users think it’s legitimate data.  Avertium states that while Chrome V8 engine attacks are uncommon, they are among the most dangerous. And it appears this is the third time Google has patched a Type Confusion bug this year. One occurred back in March and the other in April .  As for the rest of the security patch , things aren’t as severe. You see fixes for...

The metaverse could be used not just to facilitate crime in the physical realm, but could also be used for various other dangerous forms of cybercrime, as well, a new  warning from Interpol has warned. Interpol’s executive director for technology and innovation, Madan Oberoi, explained that member countries are growing increasingly concerned about possible metaverse crime and are already coming up with possible remedies. There are multiple ways the metaverse could be abused for crime, he said: "Some of the crimes may be new to this medium, some of the existing crimes will be enabled by the medium and taken to a new level."  Phishing evolved One of the most popular fraud methods - phishing - could take on a whole new meaning when virtual reality and augmented reality are thrown into the mix, Oberoi stated. What’s more, the question of child safety cannot be understated.  There are also ways for threat actors to use virtual realities to plan and practice future physic...

Apple has unveiled a new security hub and an upgraded bounty hunting program as it looks to improve the way it discovers, and remedies, different flaws and vulnerabilities in its ecosystem.  “Our groundbreaking security technologies protect the users of over 1.8 billion active devices around the world. Hear about the latest advances in Apple security from our engineering teams, send us your own research, and work directly with us to be recognized and rewarded for helping keep our users safe,” the new website reads.  The company's bounty system has been upgraded, Apple said, claiming it improved its response time, and simplified issue reporting and communication.  Tracking progress “First, we’re responding much more quickly. At times we received many more submissions than we anticipated, so we’ve grown our team and worked hard to be able to complete an initial evaluation of nearly every report we receive within two weeks, and most within six days,” the company explai...

Moto G Play (2022) is reportedly inching towards launch as its key specifications and renders have surfaced online. The smartphone is said to feature a MediaTek Helio G37 SoC chipset, a triple rear camera setup, and a 5,000mAh battery. from Gadgets 360 https://ift.tt/pv8qeGs

The on again , off again , off again , on again saga of tech billionaire Elon Musk’s planned acquisition of Twitter has finally come to an end. Having signed off on the deal reported to be worth as much as $44 billion, Musk has wasted no time in putting his unique stamp on the social media giant – firing several of Twitter’s top executives. CEO Parag Agrawal, CFO Ned Segal, Policy Chief Vijaya Gadde and General Counsel Sean Edgett are among the casualties, with Bloomberg reporting Edgett particularly was escorted from Twitter’s head office. That detail, if accurate, would suggest Musk is still holding onto some angst from the legal fallout of his initial backflipping on plans to buy Twitter earlier in the year. But what does this change mean for Twitter users? Well, perhaps plenty. An outspoken libertarian, it has long been assumed that Musk’s taking over Twitter would see content moderation on the platform change dramatically, with the man himself all but confirming this. And fur...

OpenSSL is preparing to patch its first critical flaw in eight years. The OpenSSL Project have announced a new software update that should fix several vulnerabilities in the open-source toolkit, including one flaw defined as critical.  “The OpenSSL project team would like to announce the forthcoming release of OpenSSL version 3.0.7. This release will be made available on Tuesday 1st November 2022 between 1300-1700 UTC.” reads the announcement . “OpenSSL 3.0.7 is a security-fix release. The highest severity issue fixed in this release is CRITICAL.” “Examples include significant disclosure of the contents of server memory (potentially revealing user details), vulnerabilities which can be easily exploited remotely to compromise server private keys or where remote code execution is considered likely in common situations,” the developers said. Patch coming next month The flaw impacts versions 3.0 and newer, and is the second critical vulnerability to ever be addressed by the OpenS...