The Technology Authority

Fastly blames global internet outage on software bug

LONDON — Fastly, the company hit by a major outage that caused many of the world’s top websites to go offline briefly this week, blamed the problem on a software bug that was triggered when a customer changed a setting.

The problem at Fastly meant internet users couldn’t connect to a host of popular websites early Tuesday, including The New York Times, the Guardian, Twitch, Reddit and the British government’s homepage.

“We experienced a global outage due to an undiscovered software bug that surfaced on June 8 when it was triggered by a valid customer configuration change,” Nick Rockwell, Fastly’s

Read More

Transcriptomics Technologies Market Research Report by Technology, by Application, by End User – Global Forecast to 2025

Transcriptomics Technologies Market Research Report by Technology (Gene Regulation Technologies, Microarray, Next Generation Sequencing, and PCR), by Application (Bioinformatics, Clinical Diagnostics, Comparative Transcriptomics, and Drug Discovery & Research), by End User – Global Forecast to 2025 – Cumulative Impact of COVID-19

New York, April 28, 2021 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Transcriptomics Technologies Market Research Report by Technology, by Application, by End User – Global Forecast to 2025 – Cumulative Impact of COVID-19” – https://www.reportlinker.com/p05911757/?utm_source=GNW

Market Statistics:
The report provides market sizing and forecast across five major currencies – USD, EUR GBP, JPY, and AUD.

Read More

A Global Tipping Point for Reining In Tech Has Arrived

On Dec. 9, the Federal Trade Commission and nearly every state filed bipartisan lawsuits accusing Facebook of acting anticompetitively. Less than a week later, European policymakers introduced a competition law and new requirements for blocking online hate speech. On Dec. 24, Chinese regulators opened an antitrust investigation into Alibaba after scuppering an initial public offering from Ant.

Antitrust and content moderation have been where tech companies are most vulnerable. Google, Facebook, Apple, Alibaba, Amazon and other companies clearly dominate online advertising, search, e-commerce and app marketplaces, and have faced questions about whether they have unduly used their clout to buy

Read More

US-China tech decoupling: IMF warns of global GDP crunch | Technology News

Technological fragmentation could lead to losses of about 5 percent of global GDP, IMF research shows.

A technological decoupling between the U.S. and China and potentially Europe would cut global gross domestic product by an order of magnitude greater than the recent trade war, a senior International Monetary Fund official warned.

“The world is such an integrated place,” Helge Berger, head of the fund’s China mission, said in an interview with Bloomberg Television Friday. “If you stop exchanging knowledge across countries or borders you will ultimately pay a price, and this could be fairly high.”

IMF research estimates that technological

Read More

Innoviz Expands Board of Directors with Global Technology and Automotive Industry Veterans

These appointments follow the consummation of Innoviz’s merger with Collective Growth Corporation (formerlyNasdaq: CGRO) on April 5, 2021.

The following provides information about the new appointees to Innoviz’s board of directors:

  • Chairman of the Board: Amichai Steimberg, Former CEO of Orbotech Ltd.
    Mr. Steimberg previously served as President and Chief Operating Officer of Orbotech Ltd. from 2013 to 2019, and as Chief Executive Officer of Orbotech Ltd. from 2019 to 2020. Mr. Steimberg is the President and Chief Operating Officer of Israel Amplify Program Corp., and serves as a board member in several private companies, including as Chairman
Read More

Global Computer Ship Shortage Now at “Crisis Point”

The global computer chip shortage has now reached a “crisis point,” according to industry experts.

According to The Guardian, while initial shortages were attributable to factories being shuttered due to the ongoing coronavirus pandemic, manufacturers are still failing to meet the new rise in demand despite production returning to normal. “Chips are everything,” says Neil Campling, a media and tech analyst at Mirabaud. “There is a perfect storm of supply and demand factors going on here. But basically, there is a new level of demand that can’t be kept up with, everyone is in crisis and it is getting

Read More