Author: techempire
Martin RG, Head of Digital Innovation and Technology, bp Martin RG, Head of Digital Innovation and Technology, bpAt its core, a digital twin is a tool designed to provide decision-makers with context so they can take action. Practitioners of the technology sometimes use the functional definition proposed by the Digital Twin Alliance.Digital twins are virtual representations of real-world entities and processes that are synchronized with a specified frequency and fidelity.Beyond the promise that we can visit mini versions of our factories or buildings at any time, I believe there is a more fundamental reason why the digital twin…
When I first heard in early February that the Apple Watch might be banned, thanks to The Hill, I thought, “There’s no way one of the most popular smartwatches on the planet is going to be banned.”even edge Skeptical: “Given the popularity of the Apple Watch and the size of Apple’s financial resources, it would be surprising if an import ban actually became a reality.” He added that the medical technology companies suing Apple It is more likely that Masimo will abandon the ban. agreement.But here we are. By the end of 2023, Apple is now banned from selling its…
Consumers speak many languages, and unfortunately, scammers are fluent in them all. That’s why the Federal Trade Commission is strengthening its fraud-fighting capabilities by collecting scam reports in multiple languages. As a member of the business community, you can help by sharing these new resources with your employees, friends, and others in your network. To make reports in Mandarin, Tagalog, Vietnamese, French, Arabic, Korean, Russian, Portuguese, Polish and many other languages, consumers can call the FTC at (877) 382-4357 and press 3 to speak with an interpreter staff call. To report identity theft, they can call (877) 438-4338 and select…
In today’s diverse work and cultural environment, striking the right balance between work and personal life is no less than a challenge. It enables you to juggle the demands of a dynamic workplace and meet the expectations of family and society almost simultaneously. Eventually, you will feel exhausted. Although the concept of work-life balance may seem simple, trying to achieve it often results in a perpetual state of busyness with little or sometimes no room for relaxation and self-care. Therefore, maintaining energy levels is crucial. In fact, it’s the key to your health, overall well-being, and productivity. This blog will…
Data from IDC shows that in the first half of 2023, global public cloud service revenue grew by 19.2%, with Software as a Service (SaaS) accounting for the largest share, but Platform as a Service (PaaS) growing the fastest.Global semi-annual public cloud service tracking data released by the analytics company shows that public cloud service revenue reached US$315.5 billion (£248.1 billion) in the first half of 2023.SaaS is divided into two segments: The first focuses on applications, with total revenue of $141.2 billion, growing 15.8% year over year. Infrastructure as a Service (IaaS) revenue in the first half of 2023…
ReportDecember 24, 2023Editorial DepartmentCybercrime/data leakage Two British teenagers involved in a LAPSUS$ cybercrime and extortion gang have been sentenced for their role in masterminding a series of high-profile attacks against a number of companies. Arion Kurtaj, 18, from Oxford, was given an indefinite hospital order for returning to cybercrime “as soon as possible”, the BBC reported. Kurtaji has autism and was deemed unfit to stand trial. Another LAPSUS$ member, an unnamed 17-year-old minor, was sentenced to an 18-month youth rehabilitation order, including three months of intensive supervision and surveillance requirements. He was found guilty of two counts of fraud, two…
photo: Kiyoshi Ota/Bloomberg (Getty Images)Well, this is one way to get a return on your investment. In 2014, Mt. Gox, the world’s largest cryptocurrency exchange, suffered a notorious hack that stole 850,000 Bitcoins from the platform. On Tuesday, nearly a decade later, victims finally began to get their money back. However, some people have reported that Mt. Gox accidentally sent “double payments,” and the trustees are demanding that some of the money be returned.He threw away his Bitcoin and now he wants it back”Due to a system issue, funds were inadvertently transferred to you twice,” Mt. Gox said in an…
To choose the best asset management software for your organization, you need to consider your specific business needs and requirements. When exploring asset management software options, you should ask these key questions: What types of assets does the software support, such as fixed assets, digital assets, and information technology (IT)? How user-friendly is the software? What is the total cost I need to pay to use this software? Can I increase or decrease asset management capacity as demand changes? How difficult is it to implement this software? What level of support does the supplier provide? Is this software compatible with…
U.S. authorities have charged four people with participating in a fraudulent cryptocurrency investment scheme that resulted in victims losing more than $80 million.Zhang Lu, 36, of Alhambra, Calif.; Justin Walker, 31, of Cypress, Calif.; Joseph Wong, 32, of Rosemead, Calif.; 40-year-old of Naperville, Ill. Zhu Hailong, 40, was both charged in connection with a “pig-killing” scam in which targets were contacted through dating sites and social media.Pig-killing scams are a common and rapidly growing type of fraud. Typically, scammers lure unwary victims into an online romance (often through dating sites, social media messages, or even initial contact disguised as a…
National Amusements, the giant parent company of movie theater chain, media giant Paramount and CBS, confirmed that it suffered a data breach in which hackers stole the personal information of tens of thousands of people. The private media group said in a legally required filing with the Maine Attorney General that hackers stole the personal information of 82,128 people in a December 2022 data breach. Details of the leak, which occurred in December 2022, were revealed a year later when the company began notifying those affected last week. The company discovered the breach a few months later, in August 2023,…