News

FICO appoints Steve Weber as Chief Financial Officer

Welltok, a healthcare platform, confirmed a data breach affecting millions of individuals. The hacker exploited a security vulnerability in the file transfer tool used by Welltok. Sensitive data including names, addresses, and health information was compromised. The breach also affected healthcare providers such as Stanford Health Care and Lucile Packard Children’s Hospital. The exact number of affected individuals is still undisclosed.

The British Library, one of the world’s largest libraries, confirms a ransomware attack resulting in a major technology outage. The attack was launched by a criminal group known as Rhysida. The group threatens to publish stolen data unless a ransom in Bitcoin is paid. The extent of the stolen data and the response of the library are still unclear. The library remains offline, and recovery efforts may take weeks. Measures are being taken to investigate and protect against future attacks.

Varonis, a leader in data security, announced today that it will participate in the following upcoming investor conferences: Needham Virtual Technology Week, RBC Capital Markets Global Technology, Internet, Media and Telecommunications Conference, DA Davidson Technology Summit, Stephens Annual Investment Conference, CTB UB Global Technology Conference, and the Wells Fargo Annual TMT Summit.

Atlas, an AI platform, has launched after two years of stealth development. The startup aims to streamline the workflow for game designers by using AI to generate detailed models and virtual worlds, saving time compared to traditional methods. Atlas has received a research grant from the European Union and follows ethical guidelines for trustworthy AI. The platform plans to target small indie game developers and allow anyone to upload reference images to generate AI models within a specific game style. The startup has secured funding from various investors and plans to expand its self-serve AI creator platform.

Michigan-based healthcare provider McLaren Health Care has confirmed a data breach compromising the personal health information of millions of patients. The cyberattack took place earlier this year and was later claimed by the ransomware gang known as AlphV/Blackcat. The hacker gained access to patient names, dates of birth, social security numbers, and medical information. McLaren is now facing multiple class-action lawsuits related to the breach.

Jack Henry (JKHY) Q1 Earnings and Revenue Beat Estimates.
The company reported EPS of $1.09, beating the Zacks Consensus Estimate of $1.02.
Revenue came in at $434.9 million, above the consensus mark of $432.5 million.
Both GAAP and non-GAAP EPS increased year-over-year.
Total revenue rose 8.4% year-over-year to $434.9 million.
The company raised its guidance for fiscal 2024.

AI expert: The article discusses the potential of general-purpose robots and their impact on various industries. It highlights the challenges in designing humanoid robots and the opportunities they present in manufacturing, agriculture, and last-mile delivery. The article emphasizes the need for advancements in AI, machine learning, material science, and control systems to achieve versatile robots. It also mentions the emergence of home robots and their potential to perform household tasks. The article concludes by emphasizing the importance of covering success stories in specific industries to showcase tangible progress in the field of robotics.

Michael Burry, the renowned investor, has shifted his strategy and is now betting against the semiconductor sector. He has taken significant bearish positions in major semiconductor ETFs, including the iShares Semiconductor ETF (SOXX). This move comes as the semiconductor industry faces challenges due to the ongoing global chip shortage and fluctuations in the market.

Clearfield, Inc. faces challenges including negative revenue growth rate and uncertainties related to its Broadband Expansion Acceleration and Development (BEAD) program.

Despite management’s share repurchase program and strong balance sheet, cautious sentiment persists, leading to a downgrade to a sell rating.