Why it matters: Travelers are entitled to refunds from airlines for canceled flights "regardless of the reason" for cancelation, according to the Department of Transportation.
A worldwide, cross-industry internet outage early Friday was caused by an error at CrowdStrike, a company meant to prevent such crises.
Why it matters: The global meltdown that grounded flights and halted banking is a black eye for cybersecurity vendor CrowdStrike, which has been trusted by U.S. federal security agencies and some of the biggest companies in the world.
A single defect in an overnightcybersecurity update has taken down key internet services around the globe.
Why it matters: Major U.S. airlines have grounded their flights. TV news station Sky News went off air for an hour. Australia's largest bank, Commonwealth Bank, said customers haven't been able to transfer their funds.
Delta and United Airlines resumed some flights Friday morning, hours after a massive technology outage grounded aircraft worldwide.
The big picture: There were reports of massive online outages disrupting travel, banking and news outlets worldwide on Friday, as CrowdStrike, a cybersecurity company that services multiple industries, went down across the world.
Saronic, an Austin, Texas-based maker of autonomous surface vehicles for the U.S. Navy, raised $175 million in new venture capital funding at around a $1b valuation.
Why it matters: This is a big-money reminder that military drones aren't just for the sky.
Ford Motor Co.'s decision to scrap plans for an electric vehicle hub in Canada so it can produce more gas-powered heavy-duty pickups instead says a lot about the state of today's auto market and the pressure to deliver profitable growth.
China's government-led push to outpace the U.S. in generative AI is hitting speed bumps created by the Chinese government's need to control political speech, according to new reports.
Why it matters: Even as the U.S. tries to restrict China's access to high-end chips and hardware sold by its allies, the demands of China's authoritarian system could prove more decisive in tipping the global AI race America's way.
A group of the top tech companies unveiled a new coalition Thursday that will develop cybersecurity and safety standards for the artificial intelligence tools they're developing.
Why it matters: The promise of the group is that each company will follow the same rigorous security standards for their projects to keep malicious hackers at-bay.
The Daily Wire, a conservative commentary and entertainment company, has sent letters to major corporations asking them to "reject" a powerful third-party ad industry coalition that it believes has colluded with agencies, brands, and tech platforms "to demonetize conservative media outlets."
The big picture: The letter references a report published earlier this month by the Republican-led House Judiciary Committee that argues the coalition used "shadowy corporate coordination" to silence conservatives.
A judge has dismissed most of the Securities and Exchange Commission's fraud charges against software firm SolarWinds over comments the company made before and after a late 2020 Russian cyber espionage campaign.
Why it matters: The decision is a major blow for the SEC, which has been pursuing aggressive new policies to hold companies accountable for their cybersecurity practices.
Bigger dashboard displays have become a staple in today's gadget-packed cars — I just wish they all were designed as thoughtfully as the 48-inch panoramic screen in the new Lincoln Nautilus.
Why it matters: Digital-savvy car owners expect their vehicles to replicate their Apple or Android smartphones. But as cars morph into rolling computers, their colossal screens have turned into giant distractions.
Bigger dashboard displays have become a staple in today's gadget-packed cars — I just wish they all were designed as thoughtfully as the 48-inch panoramic screen in the new Lincoln Nautilus.
Why it matters: Digital-savvy car owners expect their vehicles to replicate their Apple or Android smartphones. But as cars morph into rolling computers, their colossal screens have turned into giant distractions.
Aiming to fight what they see as vague and overly burdensome regulation by the European Union, U.S. tech giants are playing one of the strongest cards they have: withholding their products.
Why it matters: Until now, the U.S. tech giants have dominated the global digital economy by serving (almost) everyone, accepting divergent regional laws as the cost of doing business.
