As self-driving technology makes its way to the forefront of our society, many are forgetting to think about the cybersecurity risks involved. Ang Cui, CEO at Red Balloon Security, joins Cheddar to discuss some of the threats we need to take into account before hitting the road.
Cui explains most autonomous cars have dozens of electronic control units that run a range of functions. However, many of those tiny computers don't have sufficient security to protect against hackers. Financial information may even be at risk when, in the future, you link your credit card with your car to pay for tolls or parking.
In related news, Blackberry recently announced the launch of a cybersecurity product named Jarvis, which will try to stop driverless cars from being hacked. Cui talks about the future of this type of software and how security companies will start launching products similar to Jarvis.
Oracle co-founder Larry Ellison wrested the title of the world’s richest man from longtime holder Elon Musk early Wednesday as stock in his software giant rocketed more than a third in a stunning few minutes of trading. That is according to wealth tracker Bloomberg. A college dropout, the 81-year-old Ellison is now worth $393 billion, Bloomberg says, several billion more than Musk, who had been the world’s richest for four years. The switch in the ranking came after a blockbuster earnings report from Oracle. Forbes still has Musk as the richest, however, valuing his private businesses much higher.
Online broker Robinhood Markets will join the S&P 500 index Online broker Robinhood Markets will join the S&P 500 index as its stock rides higher on a cryptocurrency wave.
Ali Kashani, CEO of Serve Robotics, dives into their $63.3M acquisition of Vayu Robotics and how it's accelerating the future of autonomous delivery systems.
Chipmaker Nvidia is poised to release a quarterly report that could provide a better sense of whether the stock market has been riding an overhyped artificial intelligence bubble or is being propelled by a technological boom that’s still gathering momentum.
A group of book authors has reached a settlement with AI company Anthropic after suing for copyright infringement. A federal appeals court filing Tuesday said both sides have negotiated a proposed class settlement, with terms to be finalized next week. Anthropic declined to comment. A lawyer for the authors called it a "historic settlement." In June, a federal judge ruled that Anthropic didn't break the law by training its chatbot on copyrighted books. However, the company was still facing trial over acquiring those books from online "shadow libraries" of pirated copies.
