Posts

Showing posts with the label million

Rural Colorado awarded $113.5 million to build better broadband, but most applicants left empty-handed

Image
While filing papers at her office earlier this month, Leslie Mastroianni’s Apple watch vibrated. An email from Advance Colorado announced the Southern Colorado Economic Development District had won a grant to improve broadband infrastructure in southeastern Colorado.  Then her watch buzzed again. And again. Two more award s.   “I felt like I was giving birth to babies,” said Mastroianni, SCEDD’s executive director. “Then the buzzing stopped. I have a competitive streak, which is good in the grant writing business. So, yes, I was a little disappointed. A little surprised that some weren’t funded. …. But I’m very happy with the three and this gives us the first dip in the broadband pool.” SCEDD, an official economic development district, had applied for seven. The three it won will receive $12.5 million to help it and its partners improve fiber broadband infrastructure in four southeastern counties for 1,410 households. In all, 13 applicants to the Capit...

Snapchat witnesses a 12% growth with 406 million users

Snapchat announces its third quarter 2023 financial results where it has grown to 406 million daily active users. Snapchat was able to add nine million new users in the last quarter. The platform has overall seen a growth of 12% as compared to last year. In addition to the growth in daily active users , Snap Inc. achieved an increase in revenue by 5% which equates to $1,189 million as compared to last year. Apart from that, the platform experienced a net loss of $368 million and adjusted EBITDA was positive $40 million . Read More Apple backs Biden's push for right-to-repair law Snap Inc. launched Snapchat+ subscription service that offers exclusive, experimental, and pre-release features. This service actively contributed to the growth . In addition to that, the platform also reached more than 200 million people through the MyAI chatbot. Source: https://thefoxposts.com/snapchat-witnesses-a-12-growth-with-406-million-users-TheFOXposts-39791.html?utm_source=blogger_sou...

TikTok fined 345 million euros over handling of children's data

DUBLIN: TikTok has been fined 345 million euros ($370 million ) for breaching privacy laws regarding the processing of child ren's personal data in the European Union, its lead regulator in the bloc said on Friday. The Chinese-owned short-video platform, which has grown rapidly among teenagers around the world in recent years, breached a number of EU privacy laws between July 31, 2020, and Dec. 31, 2020, Ireland's Data Protection Commissioner (DPC) said in a statement. It is the first time ByteDance-owned TikTok has been reprimanded by the DPC, the lead regulator in the EU for many of the world's top tech firms due to the location of their regional headquarters in Ireland. A spokesperson for TikTok said it disagreed with the decision, particularly the size of the fine, and that most of the criticisms are no longer relevant as a result of measures it introduced before the DPC's probe began in September 2021. The DPC said TikTok's breaches included how in 20...

Delete immediately: Urgent warning over 19 Android apps downloaded by millions

Millions of Android users are being warned to check their phone for a string of apps which have been hijacked my malicious viruses. There are three main viruses currently using 19 apps to steal sensitive information and secretly sign up users to premium services, monetising the infection. One of the malware strains has already been downloaded more than three million times. Watch the latest News on Channel 7 or stream for free on 7plus >> Because Android is an open source operating system, it can run any third-party app, unlike iOS. While this makes devices more customisable, it also leaves them open to harmful cyber attacks, with malware commonly hidden in the coding of seemingly harmless apps. According to the experts at MalwareFox, cyber criminals download real apps from the Google Play Store, and inject malicious viruses into the backend coding of those programs, before re-uploading them to the store under a new name. Malware is always adapting and finding new ways to inva...

SpaceX to raise $750 million at $137 billion valuation

Elon Musk's SpaceX is raising $750 million in a new round of funding that values the rocket and satellite company at $137 billion from investors, including Andreessen Horowitz, CNBC reported late Monday. Reuters had reported in November that SpaceX was in talks about an offering of mostly secondary shares that could value the company at up to $150 billion, representing a 20% increase in valuation. SpaceX, which counts Alphabet Inc and Fidelity Investments among its investors, had raised about $1.68 billion through equity financing in June. Spokespersons for SpaceX and Horowitz did not immediately respond to Reuters' requests for comment. Horowitz was also a co-investor in Musk's Twitter buyout deal worth $44 billion. SpaceX has launched numerous cargo payloads and astronauts to the International Space Station for the National Aeronautics and Space Administration (NASA). Starlink, SpaceX's growing network of thousands of interne...

Social media giant Twitter hit by cyber attack as 400 million users’ data stolen, hacker claims

More than 400 million Twitter users may have had their personal details stolen and put up for sale online in a major cyber attack . A cyber crook claims to be selling the stolen data of hundreds of millions of users including celebrities, businesses and government organisations on an online hacking forum. WATCH THE VIDEO ABOVE: Woman reveals Apple gift card scam. Watch the latest News on Channel 7 or stream for free on 7plus >> The author of the post shared two samples of supposedly stolen data, with former Australian Prime Minister Scott Morrison among the users they claim are affected. The user profiles up for sale contain public and private Twitter data, including people’s email addresses, names, usernames and phone numbers. A system vulnerability last year allowed the data to be stolen before the issue was fixed in early 2022, the hacker claims . A cyber crook claims to be selling the stolen data of hundreds of millions of users including celebrities, businesses and go...

More than 5 million Twitter users at risk after alleged security breach

Millions of Twitter users may have had their personal data - including personal phone numbers and email addresses - breached in a massive cybersecurity attack. Last week, some 5.4 million user records were exposed, according to Chad Loder, the founder of cyber security awareness company Habitu8. WATCH THE VIDEO: Black Fireay and Cyber Monday scams to beware of Watch the latest News on Channel 7 or stream for free on 7plus >> Loder shared the news on his Twitter account on November 23. However, his account was suspended shortly after he posted the claim. “I have just received evidence of a massive Twitter data breach affecting million s of Twitter accounts in the EU and US. I have contacted a sample of the affected accounts, and they confirmed that the breach ed data is accurate,” he said. Users in Europe and the US were impacted, according to Loder, who added the data exposed was enough for attackers to unleash phishing attacks. Many are now concerned Twitter is attempting to...