Google's Alphabet to review every project after $6bn decline in profits [Thu Oct 27 2022]

Hi {NAME}, Daily Headlines - 27 October 2022 ***************************************************************** Google's Alphabet to review every project after $6bn decline in profits Headcount swelled by almost 37,000 in a year, now investors want CEO Pichai to show them the money ***************************************************************** Off-Prem * Lenovo thinks customers simply love IT-as-a-service Anyone that agrees has been 'smoking dope' says one of world's largest resellers * Google's Alphabet to review every project after $6bn decline in profits Headcount swelled by almost 37,000 in a year, now investors want CEO Pichai to show them the money * Government IT provider UKCloud goes into liquidation Erstwhile national cloud hero drowns in unpaid debts * Microsoft will help trim your Azure bill to encourage loyalty This is not altruism: investors are nervous about slowing growth. Redmond’s response is short term pain for long term gain On-Prem * Seagate denies it illegally sold hard drives to Huawei While shedding 1 in 12 staff as demand for storage nosedives * Google settles with Uncle Sam over data that vanished during cryptocurrency biz probe Search giant says changes already made since prosecutors showed up with a warrant years ago * Foxconn's largest iPhone factory back under COVID lockdown Bad news for Apple maybe; bad news for China's tech sector definitely * Chip shortages still plague carmakers despite weaker semiconductor demand Volvo temporarily shuts one factory while Toyota downgrades production forecast * Rambus offers chip designers a drop-in PCIe 6.0 subsystem Physical layer brings full CXL 3.0 support for you early birds out there * Finance watchdog warns of long-term risk Big Tech poses to competition FAGA's interest in payments and lending services has UK's Financial Conduct Authority's attention * 2023: The year SK Hynix expects profit-whacking dip to end, and 238 layer RAM to debut Reduces investments and production as buying cycles bite * Logitech, that canary in PC coal mine, just fell off its perch Pandemic gold rush for hardware slingers is over? Security * Pro-China crew ramps up disinfo ahead of US midterms. Not that anyone's falling for it Hey, Xi, 滚开 * Feds accuse Ukrainian of renting out PC-raiding Raccoon malware to fiends Separately, charges slapped on alleged operator of dark market, The Real Deal * Cisco AnyConnect Windows client under active attack Make sure you're patched – and update VMware Cloud Foundation, too, by the way * Microsoft realizes it hasn't updated list of banned dodgy Windows 10 drivers in years Hope no one was relying on that to block threats, er, yeah? * Ransomware down this year – but there's a catch 2021 was such a banner year for extortionists, 2022 is gonna look rosy in comparison * If someone tries ransacking your Windows network, it's a bit easier now to grok in Microsoft 365 Defender Blinking, beeping, and flashing lights, blinking and beeping and flashing... * Health insurer Medibank's data breach diagnosis keeps getting worse All four million customers at risk of having records of medical treatments exposed Software * Tesla reportedly faces criminal probe into self-driving hype Plus: Robo-car upstart Argo AI shuts down after automakers pull plug on funding * Microsoft's Lennart Poettering proposes tightening up Linux boot process Building your own initial RAMdisk? That's insecure! * Teen dream team reboots Rolling Rhino into Rhino Linux Well, these distros are all about continual reinvention, after all * Shutterstock partners with OpenAI to sell AI-generated stock images using DALL-E Getty Images is collaborating with generative AI startup BRIA * UK.gov finds billions in cash for big data contracts Project two years in the making aims to improve public services... or what's left of them * AI-driven creativity gives overpowered PCs something worthwhile to do, at last Take your desktop rig out for a proper run, turning words into images, 3D models and videos – if it can Offbeat * And then the SEC said, we'll claw back bad bonuses If there's been an accounting blunder, execs may have to return incentives * Bill Gates' green investments to shift from tackling climate change to mitigating impacts Refocuses on adaption technologies while oil industry continues to receive billions in government subsidies * Twitter's most valuable users are ghosting the platform Fly, little birds: Damning internal research emerges just before Elon Musk buy * Martian microbes could survive up to 280 million years buried underground That is if they're anything like the radiation-resistant 'Conan the Bacterium' here on Earth * Voyager mission's project scientist retires after 50 years of service Thank you, Ed Stone – the only person to ever hold the job ------------------------------------------------------------------------ This email was sent to {EMAIL} You can update your preferences here: or unsubscribe from this list: Situation Publishing Ltd, 315 Montgomery Street, 9th & 10th Floors, San Francisco, CA 94104, USA The Register and its contents are Copyright © 2022 Situation Publishing. 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