On Friday, S&P Dow Jones Indices announced that AI chipmaker Nvidia will replace Intel in the Dow Jones Industrial Average, marking a seismic shift in the semiconductor industry and ending Intel’s 25-year run on the prestigious stock market index. The change takes effect on November 8. “The index changes were initiated to ensure a more representative exposure to the semiconductors industry,” wrote S&P in a press release. Intel’s stock has…

Hackers working on behalf of the Chinese government are using a botnet of thousands of routers, cameras, and other Internet-connected devices to perform highly evasive password spray attacks against users of Microsoft’s Azure cloud service, the company warned Thursday. The malicious network, made up almost entirely of TP-Link routers, was first documented in October 2023 by a researcher who named it Botnet-7777. The geographically dispersed collection of more than 16,000…

Pixelmator, the Lithuania-based firm that makes popular Mac-based photo editing tools, has agreed to be acquired by Apple. The company says that, pending regulatory approval, there will be “no material changes to the Pixelmator Pro, Pixelmator for iOS, and Photomator apps at this time,” but to “Stay tuned for exciting updates to come.” The Pixelmator team, now 17 years old, states that its staff will join Apple. Details of the…

Humane’s AI Pin was already struggling to take off, but the company’s troubles deepened on Thursday as it recalled the product’s portable charging case. Humane released the AI Pin in April 2024. It’s a lapel pin that features an integrated camera and speaker, AI voice assistant, and laser projector. The device launched at a $700 starting price before dropping to $500 in June. The AI Pin also requires a subscription…