Olivier Sorgho is senior editor at Notes from Poland, covering politics, business and society. He previously worked for Reuters.
TAMPA, Fla. — Iridium Communications has completed its takeover of Aireon, bringing the aircraft-tracking venture fully in-house ahead of the satellite operator’s planned $8 billion sale to Rocket Lab.
McLean, Virginia-based Iridium said July 6 it had bought the remaining 61% of Aireon it did not already own from air navigation service providers in Canada, England, Denmark, Ireland and Italy.
Aireon, which has provided an aviation safety service since 2019 using Iridium satellites and the Automatic Dependent Surveillance-Broadcast (ADS-B) signals aircraft broadcast, will continue to operate as a wholly owned subsidiary following the $367 million deal.
Einstein called imagination “more important than knowledge,” yet we increasingly treat it as a childhood pastime we outgrow. Philosopher of mind Amy Kind argues that it’s something far more practical: the skill we draw on to make our hardest decisions, read the people around us, and work out who we want to become. Like any skill, it weakens without use — and we’re using it less. Reading for pleasure has nearly halved in two decades, fewer parents play with their children each day, and we increasingly hand our creative work to machines. If we don’t make time to exercise it, we’ll lose the capacity to conceive of things being other than they are, and risk being trapped in the present, unable to imagine a different future, let alone build one.
In recent years, amidst the hustle and bustle of contemporary life, people are devoting considerably less time to imaginative activities. Significantly fewer people are reading for pleasure today compared to 20 years ago, and in just the last decade, significantly fewer parents are making time to play with their children on a daily basis than used to be the case.
This neglect of imagination has been accelerated by the increasing reliance on generative AI tools in both personal contexts and professional contexts. In one recent survey, more than 50% of adults reported interacting with AI tool at least several times a week for personal purposes, often for learning, entertainment, or supporting their children’s education. In another study on business uses of AI, more than half of firms surveyed reported using AI in the creation of new products and services and, more generally, in their at innovation projects. With each passing day, we seem to be increasingly more willing—and perhaps even eager—to outsource our creative and imaginative efforts to machines.
Malicious packages on the Node Package Manager (npm) and the Python Package Index (PyPI) delivered stealer malware to developers and users of Paysafe, Skrill, and Neteller payment applications.
The threat actor published at least 17 malicious packages simultaneously, each tasked to exfiltrate credentials and access tokens to a command-and-control server hosted on Amazon Web Services (AWS).
All three payment platforms are popular, with Paysafe being mostly used by e-commerce sites and online marketplaces, gaming platforms, travel businesses, and financial services or software-as-a-service (SaaS) providers.
IT services giant Accenture has confirmed it suffered a security breach after a threat actor claimed to have stolen 35 GB of source code and other data from the company.
“We are aware of this isolated matter, and we have remediated its source. There is no impact to Accenture operations and service delivery,” Accenture told BleepingComputer.
Accenture is a global professional services company that provides consulting, technology, cloud, engineering, and managed services to businesses and governments worldwide.
The generative AI boom is fueled by staggering investments (including OpenAI’s multibillion-dollar chip deals), but for many companies, profitability as a result of these investments has remained elusive, leading some economists to warn of an AI bubble. In this Q&A, Harvard Business School’s Andy Wu wades through the potential and hype of the new technology. In particular, he highlights structural challenges facing most companies and warns of inevitable expiration dates on current legacy subscription models. He says that the industry’s future will depend on sustainable economics and business models that are able to capture value.
📩 What 10,000 readers from Coinbase, HP, and Johns Hopkins read every week → brendandell.com.
(Free to subscribe)
_______________
A new study from the Harvard Business Review sheds light on how major AI models, including ChatGPT, Claude, and Gemini, are manipulating the advice they offer. This raises critical questions about the veracity of information from these artificial intelligence tools. The findings bring to the forefront concerns about AI deception and AI ethics, urging us to question whether every response from a large language model is factual or fabricated. What does this mean for the future of AI chatbots and the information we consume?
Which technology are you most excited about?
💡 Future Business Tech analyzes the AI, capital, and frontier-tech decisions shaping the next decade, and explores the civilizational futures they build toward.
SUBSCRIBE: https://bit.ly/3geLDGO
#ai #technology
An ongoing malware campaign is targeting WhatsApp users in multiple countries with deceptive messages that push VBScript files, leading to remote system access.
The threat actor is using file names that indicate business and financial documents delivered by the victim’s contacts, whose accounts had been compromised.
By downloading and executing the malicious attachments, the recipient starts an infection chain that leads to installing the legitimate ManageEngine Endpoint Central, which is used by IT administrators to manage systems from a centralized dashboard.