Day: July 23, 2021

Categories
Gaming

China’s Tencent agrees to buy UK video games firm Sumo for more than £900m | The Guardian

Tencent has agreed to purchase the British video game developer Sumo Group for more than £900 million, bolstering the Chinese internet giant’s position in the worldwide video game industry. Sumo’s board of directors has approved Tencent’s offer of 513p per share, valuing the London-listed firm at £919 million, the firm reported on Monday. The offer constituted a 43 percent premium over Sumo’s Friday closing share price of 358p, before the agreement was revealed, and was also much more than the company’s all-time high of 407p. On Monday, the stock jumped by 40% to 499p. Tencent, which owns the Weixin/WeChat social networking platform, is one of the world’s most powerful corporations. 

Source: https://www.theguardian.com/business/2021/jul/19/china-tencent-uk-video-games-developer-sumo 

Categories
Drones

Interior department: Pentagon’s Blue sUAS drones grossly ineffective, 8-14 times costlier | Drone DJ

Photo by Adam Nieścioruk found on Unsplash

The Pentagon has spent around $18 million testing and identifying drones that government agencies may employ instead of those produced or built in China. But how do these UAVs compare to their counterparts? According to an internal US government document, not so well. The Department of Interior said that the Pentagon-approved Blue sUAS drones are 8 to 14 times more costly and just 20% as efficient when it comes to critical conservation tasks (DoI). The Department of the Interior claims that the Pentagon’s Blue sUAS initiative has degraded the department’s sensor capabilities by up to 95% in a document delivered to the new Biden administration in January. 

Source: https://dronedj.com/2021/07/19/interior-department-slams-blue-suas-drones/ 

Categories
Cyber Security

Attackers exploited 4 zero-day flaws in Chrome, Safari & IE | DARK Reading

Photo by Darwin Laganzon found on Pixabay

Three malware efforts targeting four previously unknown browser flaws that Google recently uncovered and disclosed to the different browser manufacturers are the latest sign of a disturbing spike in zero-day vulnerability activity this year. Two of the attacks are after Chrome issues, one aimed at an Internet Explorer weakness, and the fourth damaged Safari. All four flaws have been addressed. According to Google, three of the exploits seemed to have been built by a commercial monitoring software provider. At least two government-backed threat groups, one of which was Russian, bought the exploits and deployed them in operations before the patches for the issues became available. 

Source: https://www.darkreading.com/attacks-breaches/attackers-exploited-4-zero-day-flaws-in-chrome-safari-and-ie/d/d-id/1341542?_mc=rss_x_drr_edt_aud_dr_x_x-rss-simple 

Categories
Artificial Intelligence

Startups expand artificial intelligence, computing and mission capabilities | Signal AFCEA

Photo by Rene Rauschenberger found on Pixabay

The quest for the best artificial intelligence, Internet of things, microchips, cybersecurity, and satellite capabilities is being led by businesses. During Starburst Accelerator’s virtual Los Angeles Selection Committee summit held last July 14th, participants from five startup businesses presented these promising aerospace-related innovations in 10-minute periods. The startups are competing for joint ventures, seed money, and a spot in Starburst’s Accelerator program. Starburst has been connecting startups and capitalists in the aviation market for the past eight years, with locations in Los Angeles, Singapore, Munich, Tel Aviv, Madrid, Seoul, and Mumbai. 

Source: https://www.afcea.org/content/startups-expand-artificial-intelligence-computing-and-mission-capabilities