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How Nvidia became a trillion-dollar company

CIO Business Intelligence

Investor exuberance waned later that week, dropping the chip designer out of the trillion-dollar club in short order, just as former members Meta and Tesla had fallen before it, but it was soon back in the club, and in mid-June, investment bank Morgan Stanley forecast Nvidia’s value could continue to rise another 15% before the year is out.

Company 96
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Read This If You Do Business in China

SecureWorld News

A Chinese bank forced two organizations, a UK-based technology and software vendor and a major financial institution, to download a software package in order to pay local taxes. But the bank left out a critical detail about the software: it included malware.". Trustwave called the backdoor GoldenSpy, issuing a warning about the threat.

Malware 52
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Snitch to Rich? U.S. Offering $10M for Info on Russian Hackers

SecureWorld News

While it's unfortunate that many Russians will be unable to watch their favorite Netflix show, or even access their bank account, it is one of the only ways to assist Ukraine in its fight without escalating the conflict to a full-scale war. pharmaceutical manufacturer. Russian GRU hackers target critical infrastructure. organizations.

Malware 68
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6 business risks of shortchanging AI ethics and governance

CIO Business Intelligence

A bank isn’t supposed to use certain criteria, such as age or gender, when making some decisions, but simply taking age or gender data points out of AI training data isn’t enough, says Srivastava, because the data might contain other information that is correlated with age or gender. Systems that don’t pass regulatory muster.

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Our favorite startup pitches from Techstars Seattle Demo Day

GeekWire

Techstars expanded to Seattle in 2010, and since then 132 companies have gone through the program. Luong shared that the company has already generated revenue through successful proofs of concept with some pharmaceutical manufacturers. They have collectively raised more than $2.5 billion in private capital since graduating.

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Lufthansa’s digital future takes flight with ‘Digital Hangar’

CIO Business Intelligence

Banking on product-based IT To develop the next generation of customer services, Lufthansa’s Digital Hangar has adopted new business operating models popular among organization’s pursuing digital transformation, Spannbauer says. It really became apparent there was something lacking in our landscape,” he says.

Airlines 113
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Tech Moves: Qualtrics hires Microsoft vet; Amazon voice tech leader steps down; Future For Us founders start new roles

GeekWire

Former M12 Managing Director Lisa Nelson joined the board of Seattle Bank. Editor’s note: GeekWire is a Seattle Bank client.). Bertram spent more than five years at Tableau, most recently as director of worldwide customer programs and operations. Lisa Nelson. Microsoft Photo). With offices in Seattle and Herndon, Va.,