Okta’s market value plummeted by over $2 billion post the revelation of a security breach in its support systems. This occurrence joins a list of previous security issues linked to Okta and its services, notably the cyber attacks on casinos that left numerous Las Vegas hotel rooms inoperative for days.
Citrix has urgently called on administrators to safeguard NetScaler ADC and Gateway devices from active attacks that exploit the CVE-2023-4966 vulnerability.
Recent cyber intrusions at network giant Cloudflare and digital vault company 1Password were linked to a breach in Okta’s customer support unit. Both firms confirmed the link but emphasized that their user data remained unaffected.
Crypto lending company, BlockFi, has declared its successful emergence from bankruptcy, effective October 24. In the financial world, ’emergence’ refers to a company’s ability to successfully reorganize its finances to start repaying its creditors. BlockFi’s emergence signifies the start of the recovery process for customer assets held by third parties and the continuation of reconciling customer claims.
Despite facing stiff competition, Google remains robust, as revealed in the recent third quarter earnings reported by its parent company, Alphabet.
Google is set to pilot its “IP Protection” for Chrome, aimed at enhancing user privacy by anonymizing IP addresses through proxy servers. This initiative addresses the covert use of IP addresses in tracking user behavior across the web.
Bloomberg’s Mark Gurman forecasts an imminent Apple iMac unveiling, potentially slated for Monday, October 30 or Tuesday, October 31. His insights stem from both well-placed sources privy to Apple’s intentions and the noticeable stock shortages of certain Mac models both online and in Apple’s brick-and-mortar establishments.
Nvidia, renowned for its dominance in the artificial intelligence (AI) chip sector, is now venturing into the personal computer market, historically dominated by Intel.
BlackRock has introduced its awaited spot bitcoin ETF, named iShares Bitcoin Trust, on the Depository Trust and Clearing Corporation’s list. This organization, as highlighted by Nasdaq, offers services including post-trade clearance, settlement, and information.
IBM’s San Jose-based research team has unveiled a groundbreaking computer chip inspired by the human brain. Named NorthPole, this chip promises accelerated AI capabilities by operating more rapidly and using far less power. A distinguishing feature is its ability to reduce the need for constant external memory access, making tasks like image recognition swift and energy efficient.