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"Distributed denial of service (DDoS) attacks are costing companies an average of $40,000 (£25,400) per hour, with around half of attacks lasting at least six hours and costing $500,000 (£317,570) per event."

"But you might not end up reassured. Though it promises robot carers for an ageing population, it also forecasts huge numbers of jobs being wiped out: up to 35% of all workers in the UK and 47% of those in the US, including white-collar jobs, seeing their livelihoods taken away by machines."

""Nothing in this bill ensures the security of that data, either. Instead it turns every business providing telecommunications in or to the United Kingdom into an attack vector. The best way to guarantee the safety of user data is for it to not exist. Our national security will be significantly enhanced if we store less data, not more, and increase the use of strong cryptography, rather than reducing it.""

Six convoys of semi-automated "smart" trucks arrived in Rotterdam's harbour on Wednesday after an experiment its organisers say will revolutionise future road transport on Europe's busy highways. More than a dozen self-driving trucks made by six of Europe's largest manufacturers arrived in the port in so-called "truck platoons" around midday, said Eric Jonnaert, president of the umbrella body representing DAF, Daimler, Iveco, MAN, Scania and Volvo."

"And that means that there's now a financial incentive for going after just about anything. While the payoff of going after businesses' networks used to depend on the long play-working deep into the network, finding and packaging data, smuggling it back out-ransomware attacks don't require that level of sophistication today. It's now much easier to convert hacks into cash."

"Is AI going to take all of our jobs? The economy is always in a state of flux. In the 1800s, 80% of the labor force worked on farms; today it's 2%, but we don't have 78% unemployment. Entirely new industries may continue to spring up and offer new employment opportunities. Ironically, "smart manufacturing," which is partly AI, is touted by politicians on the right and on the left as critical to saving American manufacturing jobs. If AI makes businesses more efficient, contributing to growth of the economy, there will be more money to invest in new ventures. There are probably going to be entirely new sectors of the economy in 100 years that we can't even imagine right now. It's possible that total employment will fall, but economic growth will continue as we're able to produce more with less."

"The articles were so widely and quickly shared that they triggered Facebook's spam filters, which blocked the most popular stories about the breach, including an AP story and a Guardian story. There's no reason to think that Facebook intentionally suppressed embarrassing news about its own business. Rather, this is a cautionary tale about the consequences of content filtering on big platforms."

"The Future of Jobs Report arrives as the rising tide of automation is expected to displace millions of American workers in the long term and as corporations, educational institutions and elected officials grapple with a global technological shift that may leave many people behind. The report, published Monday, envisions massive changes in the worldwide workforce as businesses expand the use of artificial intelligence and automation in their operations. Machines account for 29 percent of the total hours worked in major industries, compared with 71 percent performed by people. By 2022, however, the report predicts that 42 percent of task hours will be performed by machines and 58 percent by people"

"I can't believe this has to be said (again), but cyberpunk was meant as a warning, not a business plan. It turns out that you need very few identifiers to make a guess about who a person standing in front of a billboard is, especially when you can suck data out of their phones. Throw in data about how long you stand in front of a billboard and you've got metrics that advertisers can use to tune their campaigns."

"In the meantime, Pham is keen to see if robots can learn to build the chair using only an image of the assembled product as a guide. Will the technology ever help humans who struggle with the task? "I don't think it is in Ikea's business model to have robots assemble their chairs," he said. "In the next 10 to 20 years, people will still be sweating over flat-pack furniture.""

"The Bank of England has previously highlighted the impact of trading algorithms. "Some markets appear to have become more fragile, as evidenced by episodes of short-term volatility and illiquidity over the past couple of years," Threadneedle Street said last December, warning of a move towards "fast, electronic trading." "

"The triumph of open standards has manifestly demoralized Chiariglione, who grudgingly admits that a combination of rent-seeking by MPEG members and legal threats from patent trolls has spelled the end of the "business model" of creating standards for the purpose of allowing companies to charge royalties for everyday technological activities by injecting their patents into it."

"Improbable's technology SpatialOS, which enables the creation of massive simulations - "virtual worlds" - is still in beta mode and has not been publicly launched. "

"The hacker compromised the firm's global email server through an "administrator's account" that, in theory, gave them privileged, unrestricted "access to all areas". The account required only a single password and did not have "two-step" verification, sources said."

"White-collar workers, armed with college degrees and specialized training, once felt relatively safe from automation. But recent advances in A.I. and machine learning have created algorithms capable of outperforming doctors, lawyers and bankers at certain parts of their jobs. And as bots learn to do higher-value tasks, they are climbing the corporate ladder."

"Unilever said it would eliminate "all digital alterations to body shape, size, proportion and skin colour" from its advertising. The Photoshop ban will cover Unilever adverts as well as influencers paid by the company to promote products."

"A study last year of 3.1 million workers in North America, Europe and the Middle East found "significant and durable increases" in both the average number of emails sent internally, and the number of recipients. By measuring the time between the first and last emails sent (or meetings attended) in a 24-hour period, the researchers concluded that, since the pandemic, the average workday had extended by 48.5 minutes."

"Take Yoti, for instance: the company provides a range of age verification services, partnering with CitizenCard to offer a digital version of its ID, and working with self-service supermarkets to experiment with automatic age recognition of individuals. John Abbott, Yoti's chief business officer, says the system is already as good as a person at telling someone's age from a video of them, and has been tested against a wide range of demographics - including age, race and gender - to ensure that it's not wildly miscategorising any particular group. The company's most recent report claims that a "Challenge 21" policy (blocking under-18s by asking for strong proof of age from people who look under 21) would catch 98% of 17-year-olds, and 99.15% of 16 year olds, for instance."