The latest Cost of a Data Breach Report shows that the increasing cost of security breaches makes preventing and responding to these threats a critical concern, Security Intelligence reports. In the 2021 study, the average total cost of a data breach increased by nearly 10 percent to $4.24 million, the highest ever recorded. Costs were even higher when remote working was presumed to be a factor in causing the breach, increasing to $4.96 million.
A bipartisan group of senators on Wednesday introduced legislation to regulate Google and Apple’s app stores, the Washington Post reports. The Open App Markets Act would fundamentally alter the way smartphone apps function by requiring companies running large app stores, like Apple and Google, to allow people to download apps outside of stores and grant users the ability to install alternative app stores.
DuckDuckGo has been on a tear the last couple of years. In mid-2018, the company was getting about 18 million searches a day; now that number's pushing 100 million. But Gabriel Weinberg, DuckDuckGo's founder and CEO, doesn't see search as the endgame for the company. He tells Protocol that the company is focused on building what he calls "an easy button for privacy."
Google employees based in the same office before the pandemic could see lower pay if they switch to working from home permanently, according to a company pay calculator seen by Reuters. Facebook and Twitter also cut pay for remote employees who move to less-expensive areas, while smaller companies including Reddit and Zillow have shifted to location-agnostic pay models, citing advantages when it comes to hiring, retention and diversity.
Twitter this week is introducing a revamped version of its website, which the company says will make the site more accessible, less cluttered and easier to use, TechCrunch reports. Among the changes, which are also rolling out to iOS and Android, is the implementation of Twitter’s new font, “Chirp,” and changes to various elements that will make them more high-contrast, among other things.
The Senate’s $1 trillion bipartisan infrastructure plan includes a $65 billion investment in broadband that the White House says will “deliver reliable, affordable, high-speed internet to every household.” It may not actually achieve that, AP reports, but it’s a major step in that direction. Critically important is $14 billion aimed at helping low-income Americans pay for service.
Two new AI models out this week show the power of artificial intelligence to read text, write it — and even convert it into computer code, Axios reports. Natural language processing is one of the most exciting areas in AI research, with major implications for how we'll communicate and work in the years ahead.
Miami has launched its own cryptocurrency, MiamiCoin, which claims to allow city citizens to earn bitcoin “in their sleep,” Vice reports. The idea is to fill the city’s coffers via speculation. People can mine the coin and revenue from the coin will be diverted to the city’s treasury.
Samsung’s Galaxy Fold phones are some of the best examples of how flexible display tech can change an entire class of devices, even in a category as established as smartphones, Gizmodo says. And now Samsung may be really hitting its stride with the new Galaxy Z Fold 3, featuring stylus support, water resistance, and a stronger screen.
The hacker responsible for one of the largest cryptocurrency thefts in history made waves Wednesday by returning some of the stolen funds, Mashable reports. Poly Network, the decentralized finance platform that announced the $600 million heist the day before, late Wednesday morning confirmed that $260 million of the stolen funds had been transferred back to wallets it controls—without explanation.