Monday, 23 December 2024

Honda and Nissan Officially Pursuing a Merger

Honda and Nissan are officially pursuing a merger, a deal that will see the two automakers—along with Mitsubishi—combine to become the third-largest in the world.

Reports emerged last week that the two Japanese automakers were exploring a merger, although no official word had been given. In a joint press release, Honda and Nissan executives said the merger would help the two companies further a carbon-neutral and zero-traffic-fatality society.

Nissan Motor Co., Ltd. (“Nissan”) and Honda Motor Co., Ltd. (“Honda”) have signed a memorandum of understanding (MOU) to start discussions and considerations toward a business integration between the two companies through the establishment of a joint holding company.

To further accelerate their efforts toward achieving a carbon-neutral society and a zero-traffic-fatality society, Nissan and Honda signed an MOU on March 15 regarding a strategic partnership for the era of vehicle intelligence and electrification. Since then, the two companies have held discussions aimed at collaboration in various fields.

The two companies plan to integrate their management teams, as well as their automotive tech to become a “leading global mobility company.”

If the business integration can be realized, both companies can aim to integrate their respective management resources such as knowledge, human resources, and technologies; create deeper synergies; enhance the ability to respond to market changes; and expect to improve mid- to long-term corporate value. Additionally, Nissan and Honda can aim to further contribute to the development of Japan’s industrial base as a “leading global mobility company” by integrating Nissan and Honda’s four-wheel-vehicle and Honda’s motorcycle and power products businesses, enabling the brands of both companies to become more attractive and to deliver more attractive and innovative products and services to customers worldwide.

“Today marks a pivotal moment as we begin discussions on business integration that has the potential to shape our future,” said Makoto Uchida, Nissan CEO. “If realized, I believe that by uniting the strengths of both companies, we can deliver unparalleled value to customers worldwide who appreciate our respective brands. Together, we can create a unique way for them to enjoy cars that neither company could achieve alone.”

“Creation of new mobility value by bringing together the resources including knowledge, talents, and technologies that Honda and Nissan have been developing over the long years is essential to overcome challenging environmental shifts that the auto industry is facing. Honda and Nissan are two companies with distinctive strengths,” added Toshihiro Mibe, Honda Director and Representative Executive Officer. “We are still at the stage of starting our review, and we have not decided on a business integration yet, but in order to find a direction for the possibility of business integration by the end of January 2025, we strive to be the one and only leading company that creates new mobility value through chemical reaction that can only be driven through synthesis of the two teams.”

The Mitsubishi Question

Nissan is currently the largest shareholder in Mitsubishi, with a controlling stake of 34%. Although neither company has specifically addressed Mitsubishi, the automaker’s status is a major question in the merger scenario.

If Mitsubishi is included in the terms of the merger, it will help make the combined company the number three automaker in the world, a status that would help it improved its ability to compete at scale. The companies acknowledged the importance of the scale a merger would bring:

  • By standardizing the vehicle platforms of both companies across various product segments, the companies expect to create stronger products, reduce costs, enhance development efficiencies, and improve investment efficiencies through standardized production processes.
  • The integration is projected to increase sales and operational volumes, allowing the companies to reduce development costs per vehicle, including for future digital services, while maximizing profits.
  • By accelerating the mutual complementation of their global vehicle offerings – including ICE, HEV, PHEV, and EV models – Nissan and Honda will be better positioned to meet diverse customer needs around the world and deliver optimal products, leading to improved customer satisfaction.

We will continue to monitor the story as it develops.



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Grammarly Acquiring Coda; Coda CEO to Lead Company

Grammarly is acquiring productivity platform Coda, with the latter’s CEO, Shishir Mehrotra, to lead the combined company.

Grammarly is one of the leading platforms for writers and professionals to check their work, correct mistakes, and receive suggestions on how to improve their writing. The platform has increasingly incorporated AI, making it a powerful tool for professional and novice writers alike.

Meanwhile, Coda is an all-in-one platform that combines documents, spreadsheets, applications, databases, and team communication, as well as an AI assistant that can handle much of a team’s “busywork.”

Mehrotra says the combination of the two companies will dramatically accelerate Coda’s mission.

This represents an opportunity for dramatic acceleration of the Coda product and our mission. For the tens of thousands of teams that rely on Coda docs every day, you can count on those docs to continue working as they do now, and you’ll see fast innovation as we supercharge them with our joint AI roadmap.

Mehrotra says a shared vision of a future where AI-powered productivity suite’s are the norm.

As I watched the foundational capabilities of AI change how just about every tool and surface operates, I started drafting my 2025 planning memo for the team. I titled it “the AI-native productivity suite.”

I shared this memo with my close advisors, and one of them suggested that I connect with the Grammarly team. I asked for more context, but they said, “Just trust me, you’ll have a lot more to talk about than you think.” So Coda co-founder Alex DeNeui and I spent a full day with the Grammarly leaders. It was one of the most fun meetings I’ve been a part of — a day full of brainstorming and ideas, lots of head nodding, and more than a few high-fives.

I also learned a lot about Grammarly. With 40 million active users, Grammarly is actually the original AI assistant, one that’s provided AI-powered suggestions to users for the past 15 years. Beyond being an incredibly smart assistant, Grammarly seamlessly blends with your existing tools and works with over 500,000 applications and websites to provide meaningful assistance directly inline, wherever you’re working. While the Coda team has been busy redefining a new blinking cursor, the Grammarly team has been busy making every existing blinking cursor much smarter. But most excitingly, the Grammarly leaders shared their future vision for Grammarly with me — and the resemblance to my Coda vision memo was extraordinary.

Once discussions between the two companies began, both parties realized they had much to offer each other, and could accelerate their development by combining forces.

We discussed each of our paths to achieving this vision, and while both teams felt confident in their paths, it was obvious that we would move much faster together. The way that each of us has approached this market is different but inherently complementary. And so the conversation became… “What if we merged the companies?”

Over the next few days, through discussions with Grammarly CEO (Rahul Roy-Chowdhury) and the co-founders (Max Lytvyn and Alex Shevchenko) we started sketching out what a combined company would feel like: how the teams would fit together, where the products could immediately integrate and amplify, etc. And we also discussed the leadership structure, and agreed that I would lead the joint company as CEO.

With a round of sushi and some sake, we shook hands — excited to work together on the future of AI.

Moving Forward

Moving forward, the combined teams will be working to improve Grammarly, making it even “smarter” and “more helpful” by using Coda Brain to help the writing assistant better understand context, and be able to tap into a user’s other documents and assets to provide additional insights.

The teams will also be combining Grammarly with Coda Docs, giving users more flexibility in how they work and manage their documents and projects.

While many mergers often result in a popular product or platform losing much of its appeal as it’s cannibalized by the buyer, the merge of Coda and Grammarly looks poised to be one of those rare mergers where the end result will be a stronger product that benefits customers of both platforms.



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Common CRM Challenges for Small Businesses and How to Solve Them

The ways of managing customer relationships are crucial to any small business’s success, although this task has its complications. A Customer Relationship Management system can really help small businesses, but they often face challenges like not being able to track customer interactions properly or not using resources efficiently.

This guide is here to walk you through common challenges small businesses face with CRM systems and offer practical tips to solve them.

Identifying the Right CRM Solution

Choosing the right client relationship management software for small business is a critical step toward streamlining operations and improving customer interactions. Small businesses have lots of choices at their disposal and must identify their particular requirements and objectives. These aspects, for example, can be limited by budget restrictions, intuitive interface, the possibility of expanding functionality, and compatibility with other applications.

There is also a need to look into areas that will address organizational objectives, which include the possibility of lead tracking and follow-up, repetitive tasks, and reporting capabilities. To select the right client relationship management software one should see the reviews, request the demonstrations, and try to use the available free trials so that the software would become an inalienable part of the work and would contribute to the development of the cooperation with the clients.

Integration Challenges

One of the main issues associated with adopting a new CRM system is that it has to be integrated with tools and workflows that are already in place in the context of a small business. This process is never easy and, if uncoordinated and without the help of professionals, can lead to large data islands, poor processes, and sometimes user rebellion due to misunderstanding or disruption of their patterns.

To eliminate these risks it is crucial to select a CRM solution that should be compatible with other crucial systems like email marketing, accounting, customer support, and project management systems. Integrating systems properly means that data can be transferred from one system to another in order to help teams perform and make better decisions.

The first step in avoiding problems in the future is to carve out the time to better understand how your workflows currently connect and where integration may be possible. If the process looks discouraging, it might be helpful to consult with a professional specialist or pay for your team’s training sessions to make the transition smoother and integrate problematic issues more efficiently.

This investment of time and energy at the beginning can prevent headaches and inefficiencies further down the line while making certain that your CRM is a genuine improvement to your organization’s operation.

Data Management

Lack of clean and accurate data in the CRM system is one of the most frequent issues that small businesses come across. Inaccurate, outdated, or missing customer data not only harms good decision-making but also customer satisfaction communication, and retention.

For instance, when sending marketing emails to the incorrect email address or when a company does not update the clients’ preferences, such avenues turn into losses and even trigger acts that harm relations. To counter these problems, small businesses need to define data management procedures and educate all their staff members about correct and authoritative ways to input, change, and sort customer data.

This ranges from the development of standard forms of data entry and data checklists, data verification checks by the automated system to the enforcement of penalties for violation of data integrity among the team.

User Adoption

The success of most CRM solutions even if they are equipped with the latest software applications lies in the ability of its users to embrace it. This is where even the most potent system can let the company down if the employees are not fully committed.

Otherwise, it can lead to situations when employees do not understand the advantages of this system, feel overloaded by its options, or simply do not want to use it in practice. Failure to adopt the systems results in data entry irregularity, lost opportunity, and underutilization of tools/techniques that are crucial in the growth of the business.

Hence, for maximum usage by users of the small business, the employees should be engaged in the choice to provide information regarding the features that best suit them at the workplace. It also assists in the selection of a good system and minimizes conflicts within the staff since they feel like it belongs to them.

Customer Engagement Strategies

Having a comprehensive CRM system in place is crucial for small businesses looking to build meaningful relationships with their customers. A good CRM allows businesses to track and analyze customer interactions across multiple channels, providing valuable insights into behaviors, preferences, and buying patterns. With this information, businesses can develop more effective engagement strategies, such as personalizing their marketing campaigns to meet individual customer needs, which can significantly increase brand loyalty.

CRM systems also help identify potential upsell or cross-sell opportunities by highlighting trends in purchasing history or preferences. For example, if a customer frequently buys a certain product, the CRM can prompt the business to offer complementary or upgraded options, boosting overall sales.

To Summarize

A well-implemented CRM system can be a game changer for small businesses, helping to manage customer relationships, streamline workflows, and boost overall efficiency. That said, choosing the right CRM and keeping it running smoothly takes some effort. To get the most out of it, focus on tackling common challenges like integration problems, data management, and user adoption. With the right approach, the benefits are well worth it.



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How Payment Service Providers Can Benefit from Leasing a White-Label Payment Gateway in MENA

The Middle East and North Africa (MENA) region has witnessed exponential growth in digital payments over the last decade. With increasing smartphone consumption, a young tech-savvy population, and governments advocating for cashless societies, the payment ecosystem is ripe for innovation. Payment Service Providers (PSPs) in MENA are at the forefront of this evolution, seeking solutions to enhance their offerings and gain a competitive edge. One such solution is leasing a white-label payment gateway.

What Is a White-Label Payment Gateway?

A white-label payment gateway is a ready-made payment processing solution that can be customized and branded as per the requirements of the PSP. Instead of building a payment gateway from scratch, PSPs can lease these platforms and focus on enhancing customer experience and expanding their market reach. The white-label solution often comes with essential features such as fraud detection, multi-currency support, integration APIs, and compliance with regional regulations. 

Why MENA Is a Strategic Market for PSPs

The MENA region is experiencing a digital transformation driven by increased internet penetration and a shift toward online transactions. According to industry reports, the digital payments market in the region is projected to grow significantly, fueled by sectors like retail, travel, and fintech. PSPs in MENA must act quickly to capitalize on this growth and meet the evolving demands of merchants and consumers.

Governments across MENA are actively encouraging cashless transactions. For instance, Saudi Arabia’s Vision 2030 and the UAE’s National Payments Strategy aim to reduce dependency on cash and promote digital payments. Such initiatives create a favorable environment for PSPs to expand their operations and introduce innovative solutions.

Benefits of Leasing a White-Label Payment Gateway

Reduced Development and Maintenance Costs

Building a payment gateway from scratch requires significant investment in technology, development, and ongoing maintenance. Leasing a white-label solution eliminates these costs, enabling PSPs to allocate resources to other critical areas like marketing, merchant acquisition, and customer support.

Scalable Pricing Models 

Most white-label providers offer flexible pricing models, such as pay-as-you-go or tiered pricing. This allows PSPs to scale their operations without the burden of upfront capital expenditure, making it an ideal choice for businesses of all sizes.

Faster Time-to-Market

In a competitive market like MENA, speed is crucial. Leasing a white-label payment gateway enables PSPs to launch their services quickly without the delays associated with custom development. This is particularly advantageous for PSPs looking to enter new markets or introduce new features ahead of their competitors.

Customization and Branding

White-label payment gateways can be tailored to reflect the PSP’s brand identity. From logos and color schemes to user interfaces and custom functionalities, PSPs can create a unique product that resonates with their target audience. This enhances brand recognition and fosters customer loyalty.

Compliance with Regional Regulations

The MENA region has diverse regulatory requirements, ranging from data protection laws to anti-money laundering (AML) standards. White-label payment gateways often come pre-configured to comply with these regulations, reducing the compliance burden on PSPs.

Advanced Technology and Security

White-label payment gateways typically offer advanced features such as tokenization, 3D Secure authentication, and real-time analytics. These features enhance the payment experience for merchants and customers alike.

Robust Security Protocols 

Security is a top concern in the payments industry. White-label providers invest heavily in security measures such as PCI DSS compliance, encryption, and fraud prevention, ensuring that PSPs can offer secure transactions without additional investment.

Multi-Currency and Multi-Language Support

The MENA region comprises diverse markets with different currencies and languages. White-label payment gateways are equipped to handle multi-currency transactions and provide multi-language support, making it easier for PSPs to serve cross-border merchants and customers.

The Role of White-Label Solutions in Enhancing Customer Experience

In a market as diverse as MENA, delivering a seamless and localized customer experience is critical for success. White-label payment gateways play a significant role in helping PSPs achieve this:

Personalization at Scale

White-label solutions allow PSPs to customize interfaces, payment flows, and branding to match customer expectations. Personalization helps PSPs build trust and loyalty among merchants and end-users, which is essential in highly competitive markets.

Multi-Channel Support

Customers in MENA increasingly expect seamless payment options across multiple channels, including mobile apps, websites, and in-store solutions. White-label payment gateways enable PSPs to provide an omnichannel experience, ensuring consistent service across all touchpoints.

Faster Issue Resolution

White-label providers often include advanced reporting and analytics tools. These allow PSPs to monitor transaction data in real time, identify issues promptly, and resolve them efficiently, thereby improving customer satisfaction.

Key Considerations When Leasing a White-Label Payment Gateway

PSPs should carefully evaluate potential white-label providers based on factors such as reliability, scalability, and customer support. Conducting thorough due diligence ensures that the chosen solution aligns with the PSP’s business objectives.

A white-label payment gateway should integrate seamlessly with existing systems, including merchant platforms, CRM tools, and accounting software. Easy integration minimizes disruption and enhances operational efficiency.

While leasing a white-label payment gateway is cost-effective, PSPs should consider the total cost of ownership, including transaction fees, customization costs, and potential future upgrades.

Real-World Applications in MENA

The MENA region is home to a burgeoning startup ecosystem. Many small and medium-sized enterprises (SMEs) lack the resources to develop custom payment solutions. PSPs using white-label payment gateways can offer tailored solutions to these businesses, helping them accept online payments effortlessly.

With the rise of cross-border e-commerce, PSPs in MENA need to support international transactions. White-label payment gateways equipped with multi-currency and international payment capabilities empower PSPs to facilitate seamless cross-border trade.

Financial inclusion remains a priority in MENA, where large segments of the population are unbanked or underbanked. PSPs can leverage white-label payment gateways to introduce digital wallets, mobile payments, and other innovative solutions, bridging the financial gap.

Conclusions

Leasing a white-label payment gateway offers numerous benefits for Payment Service Providers in the MENA region, from cost savings and faster deployment to advanced technology and regulatory compliance. Akurateco provides a ready-to-use payment gateway platform featuring multi-currency support, fraud prevention tools, seamless integration options, and compliance with regional regulations. Designed to minimize operational complexities, the platform allows PSPs to focus on core business functions like merchant acquisition and customer retention, delivering secure, reliable, and scalable solutions.



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Saturday, 21 December 2024

Apple Is Finally Nearing a Foldable iPhone Release

Apple users waiting for the company to release a foldable iPhone may not have to wait much longer, with the company reportedly planning to release one soon.

Apple’s iPhone represents roughly half of the company’s revenue, but designs in recent years have largely stagnated, offering users only incremental improvements. As a result, sales have largely plateaued as the company has struggled to convince users to upgrade to models that don’t offer much more than the ones they already have.

According to The Wall Street Journal, Apple is preparing two major upgrades to its iPhone lineup. The first is a thinner model, less than the current models’ 8-millimeter design. WSJ says Apple intends to price the thinner phone at a point less than the Pro model. The new model is expected next year.

Meanwhile, the company is also working on not one but two foldable devices. WSJ reports that one of the models blurs the lines between tablet and laptop, with a screen that folds out to a whopping 19 inches.

The second model is a more traditionally sized phone, which will be larger than an iPhone 16 Pro Max when it is unfolded.

Apple has long been rumored to be working on a foldable iPhone but has not been satisfied by the limits of the technology. The company is known for creating some of the best-designed phones in the industry, with a near-maniacal focus on design. While foldable phones provide some significant advantages over traditional models, they also come with some equally significant trade-offs, especially when it comes to durability and battery life.

The fact that Apple appears to be closing in on a foldable release would seem to indicate that the company believes technology has finally reached a point where it can release a phone with minimal compromises. Either that or Apple is so desperate to jumpstart iPhone sales that it’s finally willing to accept the compromises that come along with such devices.



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Google Reportedly Tapping MediaTek for Pixel 10 Modems

Google is reportedly tapping MediaTek for Pixel 10 modems, a big win for the chip firm and a rebuttal of Qualcomm and Samsung.

MediaTek, Qualcomm, and Samsung are the three primary 5G modem makers, with Qualcomm often considered the industry leader. Google currently uses the Exynos Modem 5400 in its Pixel 9 lineup. According to Android Authority, however, Google plans to switch to MediaTek’s model in the Pixel 10.

There’s no reason given as to why Google is making the switch, as the Pixel 9 has acceptable 5G performance and has not received criticism on that front. Having said that, MediaTek has a solid reputation for delivering high-quality chips that offer solid performance and energy efficiency.

It’s not really a surprise that Google is eschewing Qualcomm’s offerings, as Qualcomm historically has a reputation for charging more for its components than its rivals, based largely on the performance advantages it offers. Google’s Pixel phones, however, are often priced significantly less than Apple’s iPhones or Samsung’s flagship devices, making a less expensive 5G modem an appealing option.

MediaTek also benefits from using TSMC to manufacture its chips, whereas Samsung traditionally manufactures its chips in-house. As a result, Samsung has struggled at times to offer the same level of power efficiency as MediaTek, with its Exynos chips being criticized for running hotter and using more power.

Overall, the switch from Samsung to MediaTek could provide a welcome upgrade to the Pixel lineup.



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Friday, 20 December 2024

Microsoft Touts Its Push to Adopt Passkeys

Microsoft is pushing users to adopt passkeys as part of its bid to improve cybersecurity, proclaiming that “the password era is ending.”

Microsoft is in the midst of a high-profile attempt to improve cybersecurity across its platforms, following a series of costly and embarrassing security failures. One of its endeavors is convincing users to adopt passkeys instead of passwords. Passkeys do away with the need for passwords by relying on a phone or other physical device to authenticate a user, or by using biometrics, such as a fingerprint or face scan.

Sangeeta Ranjit, Microsoft Group Product Manager, and Scott Bingham, Principal Product Manager, penned a blog post highlighting the company’s progress convincing users to switch to passkeys. The two executives begin by highlighting the cybersecurity challenges the company faces, and why passkeys are important.

At Microsoft, we block 7,000 attacks on passwords per second—almost double from a year ago. At the same time, we’ve seen adversary-in-the-middle phishing attacks increase by 146% year over year.1 Fortunately, we’ve never had a better solution to these pervasive attacks: passkeys.

Passkeys not only offer an improved user experience by letting you sign in faster with your face, fingerprint, or PIN, but they also aren’t susceptible to the same kinds of attacks as passwords. Plus, passkeys eliminate forgotten passwords and one-time codes and reduce support calls.

The executives say the company worked hard to get passkey adoption right, start small, experimenting to find the right path forward, and then ‘scaling like crazy.’ The pair say the results have been impressive, with passkeys greatly improving the authentication experience for most users.

To make sure we got our passkey experience right, we adopted a simple methodology: Start small, experiment, then scale like crazy. The results have been encouraging:

  • Signing in with a passkey is three times faster than using a traditional password and eight times faster than a password and traditional multifactor authentication.
  • Users are three times more successful signing in with passkeys than with passwords (98% versus 32%).
  • 99% of users who start the passkey registration flow complete it.
Microsoft Passkey Data – Credit Microsoft

The blog post makes clear that Microsoft is intent on pushing users toward passkeys, furthering the demise of traditional passwords.

As we began to understand where and when to invite users to enroll passkeys, we also explored “how.” We ran multiple user studies and tested every pixel in our nudge screen to answer the question, “What would motivate a user to stop what they’re doing and enroll a passkey?”

First, we wanted to understand which value proposition would resonate most. Surprisingly, an easier sign in didn’t resonate with users as strongly as a faster or more secure sign in. Perhaps less surprising was discovering that security and speed resonated almost equally. Approximately 24% of users shown a message emphasizing security clicked through while approximately 27% of users shown messaging about speed clicked through.

If a user sees a nudge and chooses to enroll a passkey, great! But, if they see the nudge and decide that now isn’t the right time, we wanted to frame their decision in a positive way. The button text, “Skip for now,” respects that the user isn’t ready to enroll a passkey yet and lets them continue with what they were doing, but it also sets the expectation that we’re going to ask again. We’re implementing logic that determines how often to show a nudge so as not to overwhelm users, but we don’t let them permanently opt out of passkey invitations. We want users to get comfortable with the idea that passkeys will be the new normal.

The exciting results of our experiments are helping us craft the best experience possible for our users, and we’re continuing to evolve. We encourage you to run your own experiments as well. Your products and users are different from ours and you might discover different outcomes. However, if you’re looking for a good place to start, messaging about speed and security is probably a safe bet. We also encourage you to reference the fantastic research that the FIDO Alliance has done, along with the UX guidelines they’ve published.

Microsoft is clearly intent on transitioning all of its users to passkeys. While some users may be hesitant to make the switch, the company is right that passkeys are far more secure, while also offering some convenience benefits.



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Software Development Innovation Trends

Software development is an ever-changing field that encompasses the creation, deployment, and maintenance of software applications and systems that are an integral part of our modern society. The demand for software developers has skyrocketed over the past decade, especially in U.S. states like New York and Virginia with New York experiencing at least a 20% growth each year in software development. In fact, software development supports some of the most vital systems, applications, and machinery used in industries such as finance, aerospace, healthcare, education, and more.

How Can one Become a Software Developer? 

It has become increasingly easier to launch a career in software development over the past few years through degree programs. Prospective software developers do not necessarily need a background in computer science to succeed in a master’s program for software development. Furthermore, there is great flexibility with completing these programs now with students having the option to take courses face to face or online. 

Master’s programs in software development equip students with a range of competencies that are important to have in order to succeed in the industry. Students learn to investigate complex software issues and develop effective solutions through trial and error, which develops much needed research and problem-solving skills. They are also given opportunities to thrive in dynamic, collaborative environments so they can adapt to handling rapid technological advancements in a fast-paced industry. 

Master’s programs allow students to choose career tracks that tailor to their specific interests as well, providing students with specialized knowledge. With the amount of hands-on practical experience these programs provide, students can gain at least two years of useful industry experience, enabling them to enter the workforce as mid-level developers. 

Usually, an MS in software development can last two years as a full-time student, but with an accelerated or intensive master’s program, determined students can get a degree within 10 months over the course of three semesters. These programs can be rigorous as they are designed to mimic real-world work environments with assignments requiring a commitment of approximately 50 hours per week. This ensures that students are ready to take on the demands of the industry after graduation. 

Graduates of software development master’s programs are well-positioned to find employment in a wide variety of industries. The different technical skills and hands-on experience gained through these programs make students strong candidates for top companies. The focus on real-world application and access to experienced mentors in the field, graduates are able to smoothly transition from academia to the workforce. 

Conclusion

Those who are ready to take on an intense curriculum to gain the knowledge they need within a couple of months will reap great benefits after graduation with lucrative salaries, strong job demand, and multiple opportunities for career advancement. As software development continues to play a central role in business operations as well as our everyday lives, the need for skilled developers will undoubtedly increase. Master’s programs in software development are a great entry point to a rewarding career that offers almost all of the essential skills and experience needed for future developers to thrive in a rapidly evolving field. 

How to Become a Software Developer in 10 Months
Source: YU Global

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Senate Probe Accuses Amazon of Prioritizing Productivity Over Worker Safety

The US Senate Committee on Health, Education, Labor, and Pensions has released the results its probe into Amazon, concluding the company prioritizes speed and productivity over safety.

Amazon has often come under criticism for the demands it places on workers, with accusations of it not taking safety seriously enough dogging the company for years. The Committee’s report acknowledges those accusations as the basis for the investigation.

Amazon’s warehouse workers have raised the alarm for years about unsafe working conditions and a corporate culture that prioritizes speed and profit over worker health and safety. Many of these workers live with severe injuries and permanent disabilities because of the company’s insistence on enforcing grueling productivity quotas and its refusal to adequately care for injured workers. These workers’ concerns have formed the basis of efforts to organize warehouses in New York, Kentucky, Florida, Alabama, Missouri, and beyond. As one warehouse worker explained:

I don’t even use Amazon anymore, I’d rather wait . . . than have some poor employee in an Amazon warehouse get battered and bruised so I can get my book within six hours. People don’t see that, they think it just appears by magic. But it doesn’t, it appears by blood, sweat, and tears.

Recognizing the severity of Amazon’s injury crisis, Senator Bernie Sanders (I-Vt.), Chairman of the Senate Committee on Health, Education, Labor, and Pensions (HELP Committee), launched an investigation into Amazon’s workplace safety practices on June 20, 2023.7 This investigation aimed to uncover why Amazon’s injury rates far exceed those of its competitors and to understand what happens to Amazon workers when they are injured on the job.

In the course of its 18-month investigation, the Committee conducted 135 interviews and collected stories from 500 workers. The workers gave the Committee more than 1,400 supporting documents, photographs, and videos. In contrast, the Committee says that Amazon “provided extremely limited information,” despite detailed requests and numerous follow-ups. All told, Amazon provided a mere 285 documents.

Key Findings

The Committee’s 180-page report detailed 10 key findings:

1) Amazon manipulates its workplace injury data to portray its warehouses as safer than they actually are. Amazon claims that its warehouses are nearly as safe as the industry average—but it does so by cherry-picking data rather than grappling with its uniquely dangerous warehouses. The Committee’s review of the company’s publicly reported data found that Amazon chooses misleading comparisons in an effort to obscure the fact that the company’s warehouses have significantly higher injury rates than both the industry average and nonAmazon warehouses. An analysis of the company’s data shows that Amazon warehouses recorded over 30 percent more injuries than the warehousing industry average in 2023. The Committee also found that in each of the past seven years, Amazon workers were nearly twice as likely to be injured as workers in warehouses operated by the rest of the warehousing industry. Alarmingly, this problem is common across the company’s facilities: more than two-thirds of Amazon’s warehouses have injury rates that exceed the industry average.

2) Contrary to its public claims, Amazon imposes speed and productivity requirements on workers, commonly called “rates.” These requirements force workers to move at an extremely fast and often dangerous pace. To ensure compliance with the requirements, Amazon closely tracks workers’ movements throughout each shift. When workers cannot keep up, Amazon uses automated systems to initiate disciplinary procedures. These disciplinary procedures progress in severity and eventually result in termination.

3) Amazon forces workers to move in unsafe ways and to repeat the same movements hundreds and thousands of times each shift, resulting in extremely high rates of musculoskeletal disorders. Although Amazon is aware that these repetitive movements—made over 10- to 12-hour shifts—cause musculoskeletal disorders, the company refuses to take action to protect workers.

4) Although Amazon has safety procedures in place, the company’s required rates make those procedures nearly impossible to follow. Workers report having to regularly bypass safety measures, such as properly using ladders or asking a teammate for help to lift a heavy item, to keep up with the company’s productivity requirements. As a result, workers are forced to choose between following safety procedures and risking discipline and potential termination for not moving fast enough.

5) Amazon’s failure to ensure safe working environments—based in large part on its unsustainable rates and productivity quotas—results in debilitating injuries. Workers reported chronic pain, loss of mobility, temporary and permanent disabilities, and diminished quality of life because of the injuries they experienced at Amazon’s warehouses.

6) Amazon has studied the connection between speed requirements and worker injuries for years, but it refuses to implement injury-reducing changes because of concerns those changes might reduce productivity. In 2020, Amazon launched a multi-team initiative, called “Project Soteria,” to identify risk factors for injuries in its warehouses and to propose changes that would lower injury rates. Although Project Soteria found evidence of a connection between speed and injuries, and made recommendations based on this connection, Amazon did not implement policy changes in response.

Project Soteria studied two policies that Amazon had put in place during the COVID-19 pandemic: pausing disciplinary measures for workers who failed to meet speed requirements and giving workers more time off. Project Soteria found that both policies resulted in lower injury risks. Although the policies were intended to be temporary, the Project Soteria team requested they be formally adopted. But Amazon denied the request. In explaining their reasoning, the company’s senior leaders expressed concern about “negatively impacting rate/productivity and the ability to deliver on time to customers.”

Amazon leadership then directed the Project Soteria team to switch its focus from reducing injuries to finding ways to “maximize rates/productivity” without increasing injuries. Project Soteria referred to this as the “injury-productivity trade-off.” Two years later, the Project Soteria team again found a connection between speed and injuries, and proposed slowing down the pace of work for workers in the roles and facilities studied. Amazon rejected that proposal. (Page 80) That same year, Amazon leadership directed a different team to audit Project Soteria’s findings—specifically its finding of a connection between speed and injuries. That second team hypothesized that worker injuries were actually the result of workers’ “frailty” and “intrinsic likelihood of injury.” During the Committee’s investigation, Amazon repeatedly characterized this team’s analysis as accurate.

In 2021, another Amazon team, called “Project Elderwand,” determined the maximum number of times per shift a warehouse worker in a certain role could do the same physical tasks before increasing the risk of harm to themselves, with the goal of reducing the significant risk of back injuries in this role. The Amazon team also developed a method for ensuring workers did not exceed that maximum number. After conducting tests to assess how implementing that change would impact “customer experience,” Amazon decided not to implement the change to limit workers’ movements. Workers in this role continue to far exceed the maximum number that Amazon identified, risking injuries that Amazon could reduce.

7) Amazon actively discourages injured workers from receiving outside medical care, putting injured workers further at risk. Amazon has multiple internal practices that operate to delay workers from receiving needed medical care and force workers who need medical care to return to work too soon, exacerbating their injuries.

8) Workers who need short-term or permanent workplace accommodations for work-related injuries and disabilities experience significant challenges obtaining appropriate accommodations. In addition, Amazon’s accommodations processes do not appear to involve an interactive process.

9) Amazon terminates workers injured in the company’s warehouses who are on approved medical leave. These terminations are often the result of failures by the company’s time-tracking systems. As a result, workers are left without access to Human Resources and other resources and are forced to recover from injuries without income or support.

10) Amazon deflates the injury numbers it records for federal regulators. Staff at Amazon’s on-site first aid centers, called “AMCARE,” often delay workers from being referred to outside medical providers. Those same first aid providers regularly treat workers in-house instead of referring them to outside medical providers. These tactics effectively reduce the number of injuries that Amazon must record and disclose to the federal government. The Committee’s review of Amazon’s internal data also raises serious questions about whether the company accurately records injuries.

Amazon Workers Suffer a High Rate of Musculoskeletal Disorders

Another key finding of the Committee’s report is that Amazon workers experience a high rate of musculoskeletal disorders as a result of the way they are forced to move when carrying out their jobs.

Musculoskeletal disorders, commonly called “MSDs,” are “disorders of the muscles, nerves, tendons, ligaments, joints, cartilage, or spinal discs” that are “caused by sudden or sustained force, vibration, repetitive motion, or awkward postures.” MSDs are serious and can cause long-term consequences, including restrictions on the ability to work, limited mobility, and diminished quality of life. Common MSDs include muscle strains and sprains, lower back injuries, rotator cuff injuries, ruptured discs, and carpal tunnel syndrome.197 The likelihood of a worker developing an MSD is based on aspects of their job that include the posture workers are required to adopt, the amount of force they are required to exert, the number of repeated movements they are required to complete, and the duration of time they are required to work.

Unfortunately, the repeated actions workers have to perform put them at a much higher risk of MSDs.

Many Amazon workers perform a single task hundreds and thousands of times each shift, requiring repetitive bending, lifting, and twisting under pressure.202 The company’s intense speed requirements force workers to make those repetitive motions quickly and for long periods of time—putting them at higher risk for MSDs. An Amazon Warehouse Safety Specialist, whose job involves conducting risk assessments for different positions, told the Committee that he saw “many injuries where repetitive motions and the rate required to work were directly correlated.”

To make matters worse, the rate of MSDs within the company appears to be increasing.

MSDs make up a significant portion of the workplace injuries that Amazon has recorded and disclosed to OSHA. In 2021, 45 percent of Amazon’s recordable injuries were MSDs. That number keeps rising, suggesting that the problem is getting worse as Amazon promises increasingly shorter delivery times: MSDs made up 55 percent of recordable injuries in 2022 and 57 percent of recordable injuries in 2023.

Amazon data show a high number of MSDs both in recordable injuries and total injuries.243 The Committee reviewed an Amazon report that included information on the number of MSDs at one type of facility. The report states that from 2018–2020, Amazon documented more than 18,000 total MSDs and 5,775 recordable MSDs among workers at “Traditional Non Sort” facilities, a category of non-robotics facilities in the company’s fulfillment network.

Although the Committee has repeatedly requested that Amazon provide the total number of MSDs across all types of facilities for 2023, Amazon has refused to do so. Nonetheless, the Committee’s own analysis suggests Amazon workers sustained more than 16,600 recordable MSDs in all types of facilities in 2023 alone. Given the disparity between Amazon’s “total MSDs” and “recordable MSDs” in the report mentioned above, combined with evidence of Amazon’s underrecording of injuries, the true total is likely higher.

Amazon Accused of Inadequately Accommodating Injured Workers

Further exacerbating the issues, the Committee says Amazon inadequately accommodates injured employees, thanks to a system that is uncharacteristically ineffective for a company that has one of the most effective logistics systems in the world.

Amazon is an incredibly sophisticated company with some of the most advanced logistics capabilities in the world: there is no doubt that Amazon knows how to design and implement efficient and effective processes. But by Amazon’s standards—indeed, by any standards— Amazon’s accommodations process for injured and disabled workers is shockingly deficient. It is confusing, convoluted, and sometimes even cruel. At every step of the process, from the initial request for accommodations to implementation and enforcement, workers are confronted with significant obstacles. The accommodations process is so difficult that, from workers’ perspectives, it sometimes appears designed to discourage them.

Workers seeking accommodations frequently encounter unclear and shifting requirements, miscommunication between on-site and off-site teams, and a lack of meaningful engagement from the company. Even when accommodations are granted, they are often poorly implemented, leaving workers vulnerable to dangerous working conditions, discipline, and retaliation. In addition, Amazon’s reliance on automated systems has led to wrongful terminations, exacerbating the difficulties already faced by workers with injuries or disabilities. Together, these issues reflect a systemic failure to adequately support warehouse workers, creating unnecessary hardship and perpetuating unsafe workplace practices.

The Committee’s Conclusion

The Committee’s final conclusion describes a company that knows its demands on employees lead to unnecessary injuries, yet has done little to nothing to change the status quo.

Amazon has undertaken at least two internal studies that each independently found a relationship between worker speed and injuries. But the Committee has seen no evidence that Amazon made policy changes to reduce the risk of worker injuries in response to these studies or their recommendations. In fact, the documents show that Amazon rejected policy changes that would improve worker safety because of concerns they might limit productivity.

That evidence is consistent with what the Committee has heard from workers: Amazon prioritizes productivity and speed, even if it harms workers, and the company will not make changes to protect workers if those changes could hurt the company’s bottom line. One Amazon employee—responsible for making regional injury prevention recommendations—told Amazon fulfillment leadership that the volume and pace of work was creating a safety hazard. “They laughed,” he told the Committee. “They said:‘the pace, forget about it. I know you’re new here, but we don’t talk about that . . . the pace is what it is.’”

Amazon’s conduct—its inaction in the face of problematic findings, its continued prioritization of productivity over worker safety, and its efforts to undermine Project Soteria’s findings— demonstrate that the company is not interested in making real policy changes to prevent worker injury if those changes could hurt Amazon’s bottom line. Based on this evidence, the Committee finds that the company has failed to address underlying issues that create unsafe working conditions, knowingly putting workers at risk.

Amazon’s Response

Amazon has written a detailed response to the report, disputing the findings and calling the entire premise of the Committee’s study false.

The title of the report is “The ‘Injury-Productivity Trade-off’: How Amazon’s Obsession with Speed Creates Uniquely Dangerous Warehouses.” If that were accurate, what you’d see is that as our productivity and speed goes up, injuries go up. But what’s actually happened over the past five years is exactly the opposite – we’ve increased our delivery speeds, while decreasing the injury rates across our network. How is that possible? Because speedy delivery doesn’t come from pushing people harder – it comes from getting products closer to customers and reducing the number of steps involved in going from a supplier to a customer. We’ve spent years re-designing our network to do just that.

The company goes on to say that it provided “thousands of pages of information, data, and details” to the Committee, a statement that would seem to contradict the Committee’s claim that Amazon only provided 285 documents. In point of fact, the two statements can both be accurate, as “documents” can often be used to refer to multi-page collections of documents. Hence, it’s entirely possible that Amazon provided 285 “documents,” containing a total of “thousands of pages.”

Ultimately, Amazon claims the investigation was not a fact-finding investigation, but aimed at creating a narrative about the company.

While we respect Sen. Sanders and his work chairing the Senate Committee on Health, Education, Labor, and Pensions (HELP), the senator has issued another report that’s wrong on the facts and features selective, outdated information that lacks context and isn’t grounded in reality. Our voluntary, good-faith cooperation with this investigation was premised on the reasonable expectation that any report would be even-handed and truthful, even if that truth was inconvenient for people who want to claim that our workplace is anything other than safe. We’re proud of the progress we’ve made and our commitment to continuously improving, and we were eager to share that progress with the Committee. Unfortunately, it’s now clear that this investigation wasn’t a fact-finding mission, but rather an attempt to collect information and twist it to support a false narrative. Here are some actual details about our record and the false claims in this report.



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Thursday, 19 December 2024

Honda and Nissan Reportedly Exploring a Merger

Two of the most famous Japanese automakers are reportedly exploring a merger, a move that would enable the two companies to better compete against China and EVs.

According to Nikkei Asia, Honda and Nissan are considering the option to join forces and operate under a holding company. The negotiations have evidently reached the point that the two companies are close to signing a memorandum of understanding.

Both companies have a long and storied history in the automotive industry, but companies are facing growing threats from Chinese automakers, which are subsidized by Beijing to help them better compete on the world scene. This puts traditional automakers at a disadvantage, usually unable to compete at the same price point.

Simultaneously, the transition to EVs has been far more difficult for traditional automakers that many initially believed it would be. Companies like Ford and Volkswagen have had to make substantial changes to their EV plans because of the challenges they have faced, not the least of which is lagging consumer demand.

If Honda and Nissan move forward with their plans, it could help both companies overcome the growing threats they face, and accelerate their research and development moving forward.



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US May Ban TP-Link Routers, America’s Most Popular Router Brand

US authorities are considering a possible ban on TP-Link routers, a move that would have far-reaching ramifications for individuals and businesses alike.

TP-Link is the most popular brand of network routers in the US, holding approximately 65% of the market. The company is based in China, however, raising concerns about cybersecurity and national security concerns. According to The Wall Street Journal, the concerns are exacerbated by a Microsoft analysis showing that a Chinese hacking group has compromised a large number of TP-Link routers and continues to exploit them.

In addition, as the outlet points out, TP-Link has a bad reputation of not working with security researchers to address vulnerabilities in their equipment to the same degree as other manufacturers.

In view of the revelations, authorities are mulling a possible ban, a move that would likely lead to a significant escalation of the current tension between the US and Chine. What’s more, given the popularity of the devices, such a move could be incredibly costly for individuals and businesses.

Meanwhile, the company said it welcomed the opportunity to discuss the issue with officials.

“We welcome any opportunities to engage with the U.S. government to demonstrate that our security practices are fully in line with industry security standards, and to demonstrate our ongoing commitment to the U.S. market, U.S. consumers, and addressing U.S. national security risks,” a company spokeswoman told WSJ.



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Wednesday, 18 December 2024

Study: RTO Mandates Costing Companies Their Best Employees

A new study shows companies lose their best employees over RTO mandates—and struggle to replace them—in the latest evidence proving ROT mandates are disastrous.

Companies have been rolling out RTO mandates of varying degree. Amazon has been one of the most aggressive, among big tech companies, mandating that employees return to the office five days a week. The move has been incredibly unpopular among employees, with a Blind survey finding that 73% of employees were considering a job change as a result.

Despite such anecdotal evidence, there has been a lack of research and concrete evidence to quantify just how unpopular RTO mandates are, or what impact they have on the companies that enact them, at least until now. The University of Pittsburgh, in cooperation with as The Chinese University of Hong Kong, Baylor University, and Cheung Kong Graduate School of Business have conducted one of the most comprehensive studies on the effect of RTO mandates, and it’s bad news for companies trying to return to the past.

Methodology

The researchers tracked the employment histories of more than three million tech and finance workers via their LinkedIn profiles, comparing movement with RTO policies of 145 S&P 500 firms from the beginning of 2020 through the end of 2023.

Because tech and finance work can often be done remotely, the researchers further narrowed the scope by focusing only on S&P 500 firms in those fields, bringing the number to 57 firms. The study also excluded three of those since they didn’t announce their RTO mandates till after June 2023, and the researchers wanted at least two full quarters to measure the impact. As a result, a final total of 54 firms were analyzed.

For each RTO firm, we consider the quarters before its RTO announcement the pre-RTO quarters, and the quarters during and after its RTO announcement the post-RTO quarters. We measure employee turnover from the first quarter of 2020 to the last quarter of 2023, a total of 16 quarters.

We collect employee turnover data using Revelio Labs, a leading data provider that extracts information from employees’ online profiles on LinkedIn. According to LinkedIn (2024), LinkedIn is most widely used among tech and financial workers. The online profiles contain information about an employee’s employment history, including the start and end dates of each job, the employer’s name, the job title, and the location. Employees can also self-disclose their skills on their profiles, such as proficiency in certain programming languages, software, or processes.

Using employment histories from LinkedIn profiles, we first measure a firm’s monthly turnover rate by dividing the number of employees who left the firm during the month by the employee headcount at the end of the prior month. Next, we adjust the monthly turnover rate by the national average turnover rate, using data from the Bureau of Labor Statistics. Finally, we calculate a firm’s quarterly abnormal turnover rate (Abnormal Total Turnover) as the average of the monthly adjusted employee turnover rates for each quarter.

Results

Overall, the study’s results showed a higher turnover rate among female employees, employees with higher skill levels, and managerial employees.

Together, these results suggest that firms are more likely to lose female employees, employees in managerial positions, and employees with higher skill levels. These results are consistent with the concern that RTO mandates can cost firms their most valuable talent (Elliott 2024). They also support the notion that more valuable employees have better outside options and can more readily secure alternative positions at peer firms offering flexible work arrangements.

Executives who believe they can easily replace those employees are in for an even bigger disappointment, with the study showing positions that opened up as a result of employees leaving over RTO mandates were harder to fill.

Consistent with our expectations, the coefficient on RTO is positive and significant (coefficients = 0.239, t-statistics = 3.82), suggesting that it takes firms 23 percent longer to fill job positions following RTO mandates. In terms of days, an average RTO firm takes 12 additional days to fill a position following its RTO mandate. The increased hiring time is a significant cost associated with talent loss due to RTO mandates.

Even more telling, the overall hiring of RTO firms decreases, indicating that many potential employees have a dim view of RTO mandates and avoid companies that enforce them.

Consistent with our expectations, the coefficient on RTO is negative and significant (coefficient= -0.032, t-statistic = -1.84), suggesting that firms hire fewer new employees following RTO mandates. The decrease in new hires indicates that RTO firms have greater difficulty filling vacancies and recruiting qualified new employees after RTO mandates. Of course, an alternative explanation for the lower hire rate is that these firms are intentionally hiring less to cut headcounts. However, this alternative explanation cannot explain the longer time to hire after RTO mandates. Therefore, the two sets of results complement each other, suggesting that RTO mandates increase difficulties for firms in attracting new employees.

Researchers’ Conclusion

The researchers’ conclusion is a damning indictment of RTO mandates.

In this paper, we empirically examine the effect of return-to-office mandates on employee turnover and hiring, using a sample of 54 high-tech and financial firms in the S&P 500 index. We find that these RTO firms experience higher employee turnover rates after announcing RTO mandates. Our findings validate the concern that RTO mandates may induce employees to leave for other firms and are consistent with the overwhelmingly negative employee response. We further find that female employees, more senior employees, and employees with higher skill levels are more likely to leave RTO firms, consistent with RTO firms losing highly valuable employees. Finally, we find that it takes longer for RTO firms to fill new job positions. These firms also hire fewer employees following the RTO mandates. Together, our evidence suggests that RTO mandates are costly to firms and have serious negative effects on the workforce. These turnovers could potentially have short-term and long-term effects on operation, innovation, employee morale, and organizational culture.

Study Confirms What Progressive Companies and Executives Already Know

The study simply confirms what many of the more progressive leaders have already realized, namely that remote work is here to stay and can be a powerful tool.

“I’d say, ‘your employees have options,’” said Dropbox Drew Houston in late 2023, when asked about companies who enforce RTO mandates. “They’re not resources to control.

“From a product design perspective, customers are our employees. We’ve stitched together this working model based on primary research,” he continued. “We’ve just been handed the keys that unlock this whole future of work, which is actually here.

“You need a different social contract, and to let go of control,” he added. “But if you trust people and treat them like adults, they’ll behave like adults. Trust over surveillance.”



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Monday, 16 December 2024

Blackberry Sells Cylance to Arctic Wolf

Blackberry and Arctic Wolf announced a deal for the sale of Cylance, “the pioneer of AI-based endpoint protection,” for $160 million.

Once one of the leading smartphone makers, Blackberry has shifted almost entirely to providing cybersecurity solutions. As part of that transformation, the company purchased cybersecurity startup Cylance in 2018 for a whopping $1.4 billion.

“Cylance’s leadership in artificial intelligence and cybersecurity will immediately complement our entire portfolio, UEM and QNX in particular. We are very excited to onboard their team and leverage our newly combined expertise,” John Chen, CEO of Blackberry at the time, said of the acquisition. “We believe adding Cylance’s capabilities to our trusted advantages in privacy, secure mobility, and embedded systems will make BlackBerry Spark indispensable to realizing the Enterprise of Things.”

Fast-forward six years, and Blackberry is selling Cylance for a fraction of its original cost. Arctic Wolf, “a leader in AI-powered security operations,” sees the acquisition as a way to bolster its position in the market and proved security solutions “from the endpoint to the edge.”

Under the terms of the agreement, BlackBerry will sell its Cylance assets to Arctic Wolf for $160 million of cash, subject to certain adjustments, and approximately 5.5 million common shares of Arctic Wolf. After allowing for the purchase price adjustments, BlackBerry will receive approximately $80 million of cash at closing and approximately $40 million of cash one year following the closing.

“Security has an operations and effectiveness problem and endpoint solutions alone have failed to live up to the outcomes they have promised for years,” said Nick Schneider, president and chief executive officer, Arctic Wolf. “By incorporating Cylance’s endpoint security capabilities into our open-XDR Aurora platform, we will be addressing a rampant need for a truly unified, effective security operations that delivers better outcomes for customers. We believe we will be able to rapidly eliminate alert fatigue, reduce total risk exposure, and help customers unlock further value with our warranty and insurability programs.”

“I am incredibly excited to partner with Arctic Wolf through this agreement,” said John Giamatteo, chief executive officer of BlackBerry. “We see this transaction as a win-win for our shareholders and all other stakeholders. Our customers will realize the benefits of continuity of service and the expertise that a global cybersecurity leader like Arctic Wolf provides. Arctic Wolf benefits by adding Cylance’s endpoint security solutions to its native platform. Finally, as Arctic Wolf leverages its scale to build upon and grow the Cylance business, BlackBerry will benefit as a reseller of the portfolio to our large government customers and as a shareholder of the company.”



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Microsoft Announces Phi-4 Small Language AI Model

Microsoft announced the latest small language AI model, saying it “excels at complex reasoning” and “offers high quality results at a small size.”

Despite Microsoft’s deal with OpenAI, the company has been releasing its own AI models. Phi-4 is the latest, coming in at 14 billion parameters. For comparison, ChatGPT has 1 trillion parameters, while Microsoft’s MAI-1 has 500 billion.

Despite Phi-4’s small size, Microsoft says the new model “continues to push the frontier of size vs quality.”

Today we are introducing Phi-4, our 14B parameter state-of-the-art small language model (SLM) that excels at complex reasoning in areas such as math, in addition to conventional language processing. Phi-4 is the latest member of our Phi family of small language models and demonstrates what’s possible as we continue to probe the boundaries of SLMs. Phi-4 is currently available on Azure AI Foundry under a Microsoft Research License Agreement (MSRLA) and will be available on Hugging Face next week.

Microsoft says the new model blurs the performance line with much larger models.

Phi-4 outperforms comparable and larger models on math related reasoning due to advancements throughout the processes, including the use of high-quality synthetic datasets, curation of high-quality organic data, and post-training innovations. Phi-4 continues to push the frontier of size vs quality.

The company emphasizes its focus on responsible AI development, giving users access to Azure AI Content Safety features.

Building AI solutions responsibly is at the core of AI development at Microsoft. We have made our robust responsible AI capabilities available to customers building with Phi models, including Phi-3.5-mini optimized for Windows Copilot+ PCs.

Azure AI Foundry provides users with a robust set of capabilities to help organizations measure, mitigate, and manage AI risks across the AI development lifecycle for traditional machine learning and generative AI applications. Azure AI evaluations in AI Foundry enable developers to iteratively assess the quality and safety of models and applications using built-in and custom metrics to inform mitigations.

Additionally, Phi users can use Azure AI Content Safety features such as prompt shields, protected material detection, and groundedness detection. These capabilities can be leveraged as content filters with any language model included in our model catalog and developers can integrate these capabilities into their application easily through a single API. Once in production, developers can monitor their application for quality and safety, adversarial prompt attacks, and data integrity, making timely interventions with the help of real-time alerts.

Microsoft is clearly continuing its efforts to develop AI models independent of OpenAI, and Phi-4 is the latest evidence of its efforts.



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Use This Trick to Avoid YouTube TV Price Hike for Six Months

YouTube TV (YTTV) users wanting to lock in their existing price can use a simple trick to postpone the service’s price hike for at least six months.

YTTV users were disappointed by a substantial price hike, with Google announcing users would have to pay $10 more per month, beginning in January 2025. The price hike will bring the monthly cost to $82.99, instead of the $72.99.

While the new price is still relatively reasonable, especially compared to competing products, $82.99 is nonetheless more than some are willing or able to pay. Fortunately, there’s a simple way to keep the existing price for a while longer.

Spotted by users on Reddit, attempting to cancel one’s YTTV subscription leads to Google offering a $10 a month promo code for staying subscribed. This writer can attest to the fact that the trick works, having secured the $10 promo.

When trying to cancel, Google will first recommend altering the plan, dropping premium channels, etc. Continuing past option that will lead to the promo code being offered. Once the promo is accepted, the user should receive the following email:

Hi [user],

Congratulations. A promotional offer has been applied to your account. We value your membership and are excited to continue to provide you with high quality entertainment with 85+ channels, unlimited DVR, and more.

To review or make changes to your subscription, go to your YouTube TV settings.

Start Watching

Thanks,

The YouTube TV team



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Sunday, 15 December 2024

Elon Musk’s Case Against OpenAI Receives a Major Boost From Meta

Meta has entered the fray between Elon Musk and OpenAI, asking a judge to prevent OpenAI from transitioning to a for-profit company.

Elon Musk has launched a very public legal battle with the company he co-founded, trying to prevent OpenAI from becoming a for-profit entity. Musk claims that converting to a for-profit entity goes contrary to OpenAI’s original mission to safely and ethically develop AI. Musk’s most recent move involves filing for an injunction to prevent OpenAI from moving forward with the transition until the courts can settle the issue once and for all, a proposition that could cause the AI firm dearly, since much of its recent round of funding was contingent on it transitioning within two years.

Meta is now joining the fight, asking the California Attorney General Rob Bonta to block OpenAI’s plans, according to The Wall Street Journal.

“OpenAI’s conduct could have seismic implications for Silicon Valley,” Meta wrote in the letter. “If OpenAI’s new business model is valid, non-profit investors would get the same for-profit upside as those who invest the conventional way in for-profit companies while also benefiting from tax write-offs bestowed by the government.”

Meta went on to specifically name Musk and his associate Shivon Zilis, in their battle with OpenAI.

“Although we ask your office to take direct action, we believe that Mr. Musk and Ms. Zilis are qualified and well-positioned to represent the interests of Californians in this matter,” Meta wrote.

Needless to say, Meta throwing its weight behind Musk’s legal battle is the last thing OpenAI wanted, and could prove to be a devastating development for the AI firm.



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Saturday, 14 December 2024

Dan Ives: If You Are Born Today, You Won’t Need a Driver’s License

Autonomous Vehicles Will Reshape Society, Tesla Poised to Lead the Charge

Listen to our conversation on how autonomous vehicles will reshape society:

 

In a recent appearance on Bloomberg Radio’s “Bloomberg Surveillance” (watch the full interview here), Wedbush Securities Global Head of Technology Dan Ives made a bold prediction: “If you’re born today, there’s no chance that you’re going to ever need a driver’s license.” This statement, delivered with Ives’ characteristic conviction, underscores the rapidly accelerating development of autonomous vehicle technology and its potential to fundamentally reshape society. This echoes a long-held belief of Ives, who, as he revealed in the interview, made a bet shortly after his daughter’s birth that she would never need a driver’s license.

Ives, a prominent voice in the tech industry known for his often-bullish stances on Tesla, argues that full self-driving capabilities are no longer a distant dream but an imminent reality. He envisions a future where “Sweeney is getting into a cyber cab, no driver, taking him to play golf” within the next four to five years. This shift, Ives contends, represents “a whole new game” with far-reaching implications, impacting not just the automotive sector but also urban planning, real estate, and the very fabric of daily life. He emphasizes that this transition will be driven by both the increasing sophistication of autonomous driving systems and the declining driving skills of humans, citing the statistic that over 40,000 people die in car accidents in the US each year.

Central to Ives’ thesis is Tesla, the electric vehicle giant led by Elon Musk. He believes Tesla’s autonomous driving technology, known as Full Self-Driving (FSD), is significantly ahead of the competition, including Waymo, Cruise, and other players. “Very few people are actually experiencing how far along they are,” Ives stated, highlighting the disconnect between public perception and the reality of Tesla’s progress. He attributes this progress to Tesla’s vast trove of real-world driving data, collected from millions of vehicles equipped with FSD hardware. This data-driven approach, Ives argues, gives Tesla a significant advantage in training its AI algorithms and achieving true autonomy.

Ives’ optimism stems not just from data but also from personal experience. Recounting a recent test drive, he noted, “I tried the latest version of Tesla FSD for 20 minutes and had a couple of interventions. It’s not there yet, but it is remarkable the progress that’s making.” This hands-on approach, combined with his deep industry knowledge, allows Ives to provide insights that resonate with sophisticated tech executives.

This progress, coupled with the increasing number of Tesla vehicles on the road, positions the company to dominate the autonomous driving landscape. “7 million vehicles out there. You have 10 million vehicles over the next year or two,” Ives emphasized, contrasting this with Waymo’s fleet of just 200,000 vehicles. This scale, Ives argues, gives Tesla a significant advantage in terms of data collection and algorithm training, creating a powerful network effect that will be difficult for competitors to overcome. He points to GM Cruise’s recent scaling back of its autonomous driving ambitions as further evidence of Tesla’s growing dominance in this space.

Ives draws a parallel between Tesla’s FSD and Apple’s services business, arguing that autonomous driving will be key to unlocking Tesla’s true value and driving its market capitalization beyond the trillion-dollar mark. “When you think about Tesla, I would compare autonomous software FSD to Apple’s services relative to that Cupertino story. That’s why it’s so important.” This comparison resonates with tech executives who understand the power of recurring revenue streams and the high margins associated with software-based services. He highlights that Tesla’s current valuation does not fully reflect the potential of its FSD technology, which he believes could add a trillion dollars to the company’s market cap.

Furthermore, Ives believes that Trump Administration regulatory changes will further accelerate the adoption of autonomous vehicles. “Now you’re going to really see him [Musk] doubling down in and within the Beltway, there are many major changes. And when that knock at the door happens, it must.” Ives suggests that the Biden administration’s focus on electric vehicles and infrastructure investment will create a favorable environment for the development and deployment of autonomous driving technology. He believes that Musk, despite his past disagreements with the Biden administration, will be a key player in shaping these regulatory changes.

While Ives acknowledges that Tesla faces challenges, including competition, the complexities of scaling production, and ongoing scrutiny of Musk’s leadership style, he remains bullish on the company’s long-term prospects. He dismisses concerns about Musk’s reliance on government support, stating, “I disagree. I would argue you’re talking about he made a bet for the ages with Trump and essentially iced out.” He argues that Musk’s strategic decisions, such as aligning with the Trump administration early on and investing heavily in electric vehicle technology, have positioned Tesla for success regardless of who is in power.

Ives’ bold prediction that today’s newborns will never need a driver’s license may seem like science fiction to some. However, his deep understanding of the tech landscape, Tesla’s capabilities, and the shifting regulatory environment lends weight to his argument. If Ives is correct, the world is on the cusp of a transportation revolution, and Tesla, with its aggressive approach to innovation and vast network of data-collecting vehicles, is poised to lead the way. This message is likely to resonate with tech executives who are constantly seeking the next disruptive technology and investment opportunity.



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Friday, 13 December 2024

Google Supercharges Research with NotebookLM Plus

Google has just dramatically expanded the capabilities of NotebookLM, its AI-powered research assistant, with the launch of NotebookLM Plus. This premium version offers a suite of advanced features designed to streamline workflows and deepen understanding for both individuals and organizations.

Originally launched as Project Tailwind, NotebookLM allows users to “ground” their AI experience in their own source materials, such as documents, presentations, or even audio and video files. The AI then synthesizes this information, enabling users to ask questions, summarize key themes, and generate new ideas, all while staying anchored to their original content.

NotebookLM Plus takes this functionality to the next level with:

  • Expanded Capacity: Manage up to 300 sources per notebook, equivalent to a staggering 150 million words. This allows for the analysis of complex topics and extensive research projects.
  • Enhanced Sharing and Collaboration: NotebookLM Plus introduces shared workspaces with granular control over permissions and usage analytics. This facilitates collaborative research and knowledge sharing within teams and organizations.
  • Customizable Chat Modes: Tailor the AI’s conversational style with specialized modes like “Guide” for creating interactive help centers, “Analyst” for strategic planning, and “Custom” to personalize the interaction.
  • Increased Security and Privacy: Built with enterprise-grade security measures, NotebookLM Plus offers enhanced data protection and access control for organizations handling sensitive information.

Who is NotebookLM Plus for?

While the basic version of NotebookLM remains freely available, NotebookLM Plus caters to a wider range of users, including:

  • Businesses: Streamline research, create internal knowledge bases, and enhance employee training.
  • Educational Institutions: Support student research, facilitate collaborative learning, and personalize educational materials.
  • Research Teams: Analyze vast amounts of data, synthesize findings, and accelerate knowledge discovery.
  • Individuals: Deepen their understanding of complex topics, organize personal knowledge libraries, and boost productivity.

Availability and Access:

NotebookLM Plus is available through various channels, including Google Workspace, Google Cloud, and soon, Google One AI Premium. This multi-platform approach ensures accessibility for a wide range of users.

With the launch of NotebookLM Plus, Google solidifies its position at the forefront of AI-powered research tools. By combining the power of large language models with user-owned data, NotebookLM Plus offers a unique and compelling solution for anyone looking to deepen their understanding and streamline their workflow in an increasingly information-driven world.



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Mozilla Firefox Drops Do Not Track Option

Mozilla has removed Do Not Track from the latest version of Firefox, a privacy feature it was the first to implement in 2011.

Do Not Track (DNT) was a feature designed to tell websites not to track a user. Although Mozilla was the first to implement it, the feature never offered the level of privacy Mozilla hoped it would, despite other browsers adopting the feature too. Much of the issue stemmed from many websites ignoring the flag and continuing to track users.

Mozilla is now following suit with virtually every other web browser and eliminating DNT. The organization explains that at least some of the reason is because DNT now serves as a privacy risk, rather than offering any benefit.

Starting in Firefox version 135, the “Do Not Track” checkbox will be removed. Many sites do not respect this indication of a person’s privacy preferences, and, in some cases, it can reduce privacy.

DNT is now considered a privacy risk because websites can tell when the feature is enabled, effectively giving them another metric or data point by which to identify users.

Mozilla encourages users to enabled the Global Privacy Control (GPC) feature as a replacement to DNT.

If you wish to ask websites to respect your privacy, you can use the “Tell websites not to sell or share my data” setting. This option is built on top of the Global Privacy Control (GPC). GPC is respected by increasing numbers of sites and enforced with legislation in some regions. To learn more about this, please read Global Privacy Control.

The organization further explains GPC in a dedicated page.

Introduced in Firefox version 120, you can make use of Global Privacy Control (GPC) to automatically notify websites not to sell or share information about your browsing session on that website.

GPC operates as a “Do Not Sell” mechanism in some US states such as California, Colorado and Connecticut. It may also be used to indicate an opt-out of targeted advertising or general request to limit the sale or sharing of your personal data in those jurisdictions, as well as in jurisdictions such as the EU, UK, Nevada, Utah and Virginia.

Removing DNT is the right move, as is Mozilla throwing its weight behind GPC. Users who want to preserve their privacy should enable GPC immediately.



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8 Tips for Fortifying Your Cyber Defenses With a Human Firewall

As the global cybersecurity landscape continues to evolve, human error remains a significant vulnerability in defending against cyber threats. According to a 2024 survey, 66% of Chief Information Security Officers (CISOs) in the United States consider human error the most significant cyber vulnerability within their organizations.

Additionally, cybercrime is projected to cost the global economy $10.5 trillion by 2025. This highlights the escalating sophistication and frequency of attacks, from phishing schemes to ransomware exploits, many of which rely on manipulating unsuspecting employees. After all, even the most advanced cybersecurity tools are only as effective as their users.

The human element can often be the weakest link or the strongest asset in cybersecurity. To improve an organization’s security posture, employees should play a proactive part in safeguarding digital infrastructures. Such an approach to the “human firewall” involves implementing targeted training and fostering a culture of cyber awareness, so that businesses can turn their workforce into a critical line of defense against cyberattacks. 

Organizations must adopt a multifaceted approach that combines technological safeguards with human vigilance to stay ahead of these evolving threats.

1. Invest in Comprehensive Cybersecurity Training Programs

Employee training is foundational to creating a human firewall. Traditional IT systems cannot defend against nuanced attacks like phishing or social engineering without an informed workforce. Studies show that phishing simulations reduce successful phishing attempts. However, this should be combined with lesson-based learning, real-world case studies, and role-specific scenario reviews. 

Ensure your program is dynamic, adjusting for emerging threats and leveraging gamification to maintain engagement, using mechanisms such as leaderboards and simulated attack survival badges.

2. Foster a Cybersecurity-First Culture

A robust human firewall stems from a culture that prioritizes security. Businesses must embed cybersecurity practices into their operations, reinforcing vigilance as a shared responsibility. Leaders should set examples by following best practices like multi-factor authentication and secure device handling. 

According to PwC’s 2023 Global Digital Trust Insights, organizations with strong security cultures were 60% less likely to suffer data breaches than those without. This reinforces the need for a company-wide commitment to cyber hygiene.

3. Implement Clear Policies for Threat Reporting

Many cybersecurity incidents escalate because employees fail to report suspicious activities promptly. This could be due to fear of the potential repercussions or simply because they could not identify such issues. Establishing clear, non-punitive reporting channels ensures rapid response and mitigation. 

The “Cost of a Data Breach Report” from the Ponemon Institute reports that organizations with an incident response (IR) team and a tested incident response plan reduced the average cost of a data breach by $2.66 million compared to those that did not implement these measures. Make sure employees understand how to identify and escalate potential threats. These can include anomalous email attachments and unexpected login alerts, among others.

4. Leverage Technology to Augment Human Vigilance

While the human firewall focuses on people, technology should act as a critical support system. Tools like endpoint detection, behavioral analytics, and AI-powered email filtering reduce exposure to risks. AI-backed security systems can preemptively flag phishing emails or unusual login patterns, enabling employees to focus on discerning genuine threats. 

Gartner predicts that by 2026, enterprises combining GenAI with an integrated platforms-based architecture in security behavior and culture programs will experience 40% fewer employee-driven cybersecurity incidents.

5. Address Specific Weak Points with Tailored Approaches

Not all employees face the same cybersecurity risks. For example, finance teams are more likely to encounter spear-phishing attempts, while IT staff may be targeted with malware-laden technical documents. Tailoring training and safeguards to role-specific vulnerabilities can significantly boost effectiveness. For example, finance teams can receive training on recognizing fraudulent invoices, while training in the C-Suite can involve recognizing targeted high-level phishing. 

ISACA’s “State of Cybersecurity” report highlights that 55% of organizations identify soft skills like effective communication as a significant gap among cybersecurity professionals, underscoring the importance of targeted training in these areas.

6. Conduct Regular Security Audits and Simulations

Testing your human firewall is as important as building it. Conduct regular internal audits to identify weaknesses in both technological and human systems. This should include a systematic examination of your organization’s information security controls to determine their effectiveness in protecting data. 

Meanwhile, simulations, such as mock phishing campaigns or breach drills, can help reinforce soft skills within the organization while identifying gaps. 

7. Reward Vigilance to Reinforce Positive Behavior

Acknowledging employees who actively contribute to cybersecurity reinforces a security-first mindset. Consider implementing rewards for identifying phishing emails, reporting suspicious activity, or adhering to security protocols. Behavioral psychologists argue that positive reinforcement is one of the most effective ways to encourage desired actions. 

A survey by NectarHR found that 83.6% of employees feel that recognition affects their motivation to succeed at work. This suggests that recognizing employees for reporting phishing attempts or adhering to protocols can drive better engagement in security initiatives. 

8. Collaborate Across Departments for a Holistic Approach to Security

Cybersecurity is no longer the sole responsibility of IT departments. Cross-departmental collaboration ensures broader coverage and a more integrated approach. For instance, HR can assist in onboarding employees with cyber awareness, while marketing can ensure external communications do not expose sensitive information. 

This results in a shift in security posture from reactive to proactive. This exchange of ideas fosters innovation, enabling the creation of solutions that are not only effective but also resilient and adaptable to future threats.

The Takeaway

Cybersecurity now requires a holistic approach that goes beyond firewalls and anti-malware software alone. It is about empowering the people behind the systems to be proactive participants in defense. A human firewall represents the synergy between education, technology, and culture, which is a combination that significantly reduces vulnerability to cyber threats.

By prioritizing employee engagement and training, businesses can ensure long-term resilience against evolving threats. Remember, cybersecurity is a continuous journey requiring adaptability and vigilance. By involving your entire workforce, you transform a potential vulnerability into one of your greatest strengths.



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