This is the lil tech news you need to know for the week commencing June 7, 2021.
JBS, the world’s largest meat processing company, got taken down by a ransomware cyberattack, temporarily shutting down plants in the United States, Canada, and Australia.
The hack has been attributed to a cyber criminal Ransomware-as-a-Service (TBD defining tech term of 2021?) group known as REvil.
This news comes on the heels of a similar ransomware attack that took down Colonial Pipeline’s operation just last month, leading to gasoline shortages on the U.S. East Coast.
This is the lil tech news you need to know for the week commencing May 24, 2021.
In a previous Byte, we covered Apple’s impending iOS 14.5 update, which would introduce a policy called App Tracking Transparency. The policy requires app developers to introduce a mandatory opt-in prompt when they want to track user activity on other apps and websites, allowing users a never before seen opt-out option for this kind of tracking.
Following the launch of this new prompt, mobile analytics firm Flurry has released some early data suggesting that, among U.S. …
This is the lil tech news you need to know for the week commencing May 10, 2021.
The gasoline pipeline that carries about half of the fuel consumed by the U.S. East Coast was taken offline by hackers using Ransomware as a Service by a cheery-sounding outfit called DarkSide. The cyberattack led to gas shortages in some areas.
Colonial Pipeline–the cyberattack’s target–reportedly paid the hackers nearly $5 million to unlock its computer systems and get fuel flowing again.
Our Take: DarkSide does some interesting mental gymnastics to bill itself as an above-board organization. You see, just like Uber is…
This is the lil tech news you need to know for the week commencing May 3, 2021.
SpaceX has successfully landed its Starship SN15 prototype following its most recent test flight. As with previous test flights, SpaceX launched the prototype Starship, ascended to an altitude of about 10,000 km, performed a controlled “belly flop” descent, then relit two of its Raptor rocket engines midair, flipped itself back to a nose-up orientation, and landed itself vertically at a designated landing pad.
This is the lil tech news you need to know for the week commencing April 19, 2021.
NASA is sending astronauts back to the moon, and has just awarded SpaceX a $2.9 billion contract to handle the transportation.
This will be part of NASA’s Artemis Program, which celebrates humanity’s return to the surface of the moon for more advanced exploration. NASA says the program will be a meaningful step towards its greater ambition to send astronauts to our nearest planetary neighbor–Mars.
This is the lil tech news you need to know for the week commencing April 12, 2021.
Coinbase became the first cryptocurrency exchange to go public in the United States via a direct listing which valued the company north of $100 billion during its first day of trading.
Our Take: The company has come a long way since its 2012 founding in a San Francisco apartment. In just the first quarter of 2021, Coinbase notched around $800 million in profit on $1.8 billion in total revenue.
For some perspective, at the time Coinbase was founded, you could buy one…
This is the lil tech news you need to know for the week commencing April 5, 2021.
Analytics firm App Annie’s latest figures for app usage in the first quarter of 2021 show a 30% increase in the time consumers spend per day using mobile apps, compared with the same quarter just two years ago.
The global average usage increased to 4.2 hours per day, and that number is more than five hours per day in some countries.
This is the lil tech news you need to know for the week commencing March 29, 2021.
$32 billion. That’s how much consumers spent on apps in the first quarter of 2021, setting a new quarterly record.
Our Take: We’re not surprised that the trend is continuing year over year. We’re also not surprised that Apple’s iOS continues to be the most fertile ground with regards to revenue generation for app owners.
This is the lil tech news you need to know for the week of Jan 25, 2021.
Microsoft introduced a price increase for its Xbox Live Gold subscription service late last week… and immediately regretted the decision.
After crushing user backlash over the increase–which would have made its service price double that of rival Sony’s PlayStation Plus service–Microsoft quickly rolled back the changes (and even sweetened the deal).
We think this was a great example of how not to introduce price increases and how to act quickly on user feedback to keep a fan base fiercely loyal.
This is the lil tech news you need to know for the week commencing March 22, 2021.
Amazon is expanding its on-demand healthcare services, Amazon Care, which has tested with its own employees since September 2019.
The expansion means that U.S. employers will soon be able to sign up for Amazon Care as a benefit to their employees.
Amazon Care offers Telehealth services which it says can connect patients to a physician–often within 60 seconds–any time day or night, to provide a range of primary care and urgent care services. …