Category: confirms

SpaceX confirms Starlink internet private beta underway, showing low latency and speeds over 100MBps
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SpaceX confirms Starlink internet private beta underway, showing low latency and speeds over 100MBps

SpaceX has confirmed some details of its Starlink internet service beta test, via SpaceX engineer Kate Tice on today’s launch webcast for its most recent Starlink satellite mission. Tice said that SpaceX’s service has demonstrated latency low enough to allow it to play the “fastest multiplayer” networked online games, and that it has also shown…

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Elon Musk confirms Tesla was target of foiled ransomware attack
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Elon Musk confirms Tesla was target of foiled ransomware attack

Elon Musk called an attempted cyberattack against Tesla “serious,” a comment that confirms the company was the target of a foiled ransomware attempt at its massive factory near Reno, Nevada. The Justice Department released a complaint Thursday that described a thwarted malware attack against an unnamed company in Sparks, Nevada. Tesla has a factory in…

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Salesforce confirms it’s laying off around 1000 people in spite of monster quarter
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Salesforce confirms it’s laying off around 1000 people in spite of monster quarter

In what felt like strange timing, Salesforce has confirmed a report in yesterday’s Wall Street Journal that it was laying off around 1000 people or approximately 1.9% of the company’s 54,000 strong workforce. This news came in spite of the company reporting a monster quarter on Tuesday in which it passed $5 billion in quarterly…

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IPO Duo Confirms the Market’s Insane Valuation Right Now
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IPO Duo Confirms the Market’s Insane Valuation Right Now

Airbnb delayed its IPO amid the market turmoil but has refiled for a launch this year. Palantir is also looking to go public. Both these companies may be looking to cash out thanks to high stock valuations right now. One of the few victims of the stock market–besides Warren Buffett for his failure to capitalize…

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TransferWise confirms new $5B valuation following $319M secondary share sale
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TransferWise confirms new $5B valuation following $319M secondary share sale

TransferWise, the London-headquartered international money transfer service, is disclosing that it is now valued at $5 billion by private investors, confirming an earlier Sky News report. The new valuation represents an increase of 43% since May 2019, and has been triggered by a further $319 million in secondary share sales. Leading the “secondary” share round…

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Twitter Confirms Private Information Was Accessed by Hackers
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Twitter Confirms Private Information Was Accessed by Hackers

Twitter has confirmed that the private information of Twitter users was accessed during the hack earlier this week. The information included email addresses and phone numbers, and in some cases, the intruders were able to download an archive of activity include direct messages and other sensitive content. Social media website Twitter recently revealed that the…

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SoftBank confirms it may sell some of its T-Mobile stake
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SoftBank confirms it may sell some of its T-Mobile stake

SoftBank Group confirmed today it is considering selling its T-Mobile U.S. shares. Bloomberg reported last month that SoftBank was nearing an agreement to sell about $20 billion of its T-Mobile U.S. shares to investors including Deutsche Telekom, T-Mobile’s controlling shareholder, in an effort to offset major losses from its investment business, including the Vision Fund.…

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Trump Confirms Considering Restoring Funds to the W.H.O.
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Trump Confirms Considering Restoring Funds to the W.H.O.

President Donald Trump on Saturday confirmed a report that he is considering partially restoring U.S. funding of the World Health Organization as it investigations the United Nations-back agency’s alleged role in helping China cover-up the severity of the Wuhan virus, though no final decision on the matter has been made. “[T]his is just one of…

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Cognizant confirms Maze ransomware attack, says customers face disruption
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Cognizant confirms Maze ransomware attack, says customers face disruption

Cognizant, one of the largest tech and consulting companies in the Fortune 500, has confirmed it was hit by a ransomware attack. Details remain slim besides a brief statement on its site, confirming the incident. “Cognizant can confirm that a security incident involving our internal systems, and causing service disruptions for some of our clients,…

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NASA confirms Commercial Crew still a priority, but James Webb Telescope testing and other activities paused
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NASA confirms Commercial Crew still a priority, but James Webb Telescope testing and other activities paused

NASA Administrator Jim Bridenstine has been sharing regular updates about how his agency is approaching the rapidly changing global coronavirus pandemic situation. This week, NASA escalated its response multiple times due to changing circumstances, including changing the state of working conditions at all of its facilities across the country. On Friday the agency summarized the…

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