Intel’s CEO hasn’t turned the company around, and now he’s no longer CEO

In a surprise move, Intel CEO Pat Gelsinger has stepped down as head of the company after less than four years, as reported by Reuters and other outlets. The change caps a chaotic year for Intel, which is poised to report its first annual financial loss since 1986 and announced layoffs of at least 15,000 employees this year as it attempted to cut costs. Intel CFO David Zinsner and Client…

December 2, 2024
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Suspect arrested in Snowflake data-theft attacks affecting millions

Canadian authorities have arrested a man on suspicion he breached hundreds of accounts belonging to users of cloud storage provider Snowflake and used that access to steal personal data belonging to millions of people, authorities said Tuesday. “Following a request by the United States, Alexander Moucka (aka Connor Moucka) was arrested on a provisional arrest warrant on Wednesday, October 30, 2024,” an official with the Canada Department of Justice wrote…

November 5, 2024
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