Volkswagen leak exposed, Free Apple TV+, Samsung now largest shareholder of Rainbow Robotics, and
Jan 2, 2025
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A significant data breach at Volkswagen revealed location data for thousands of vehicles, raising privacy concerns. Meanwhile, the U.K. is investigating IBM's acquisition of HashiCorp for potential competitive issues. Apple is offering free access to its popular streaming service, enticing new viewers. In a move to strengthen its robotics division, Samsung has become the largest shareholder of Rainbow Robotics, signaling a bold step into the future of humanoid technology.
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Quick takeaways
The Volkswagen Cariad data breach exposed sensitive location data from around 800,000 electric vehicles, raising serious software security concerns.
The U.K.'s Competition and Markets Authority is investigating IBM's acquisition of HashiCorp to assess its implications for competition in the cloud market.
Deep dives
Data Breach in Volkswagen's Cariad Software Unit
Volkswagen Group's Cariad software unit experienced a significant data breach, leaving terabytes of customer data from approximately 800,000 electric vehicles exposed online. Security researchers disclosed that sensitive information included precise location coordinates for around 460,000 vehicles, with some data being accurate to a few centimeters. This incident highlights ongoing concerns regarding software security within the automotive industry, as Cariad has faced numerous challenges including delays in software launches and restructuring efforts that have resulted in job losses. Despite fixing the vulnerability, Cariad stated there was no evidence of unauthorized access to the exposed data beyond the researchers who reported it.
IBM's Planned Acquisition of HashiCorp Under Investigation
The UK's Competition and Markets Authority has opened an investigation into IBM's intention to acquire HashiCorp, a cloud software vendor, for approximately $6.4 billion. The CMA is seeking input from interested parties and has set a provisional deadline to decide on the merger, which could enhance IBM's position in the cloud and AI sectors. HashiCorp, founded in 2012, provides essential tools for managing cloud infrastructure and boasts a diverse client base of about 4,400 customers. This scrutiny is further compounded by an investigation from the U.S. Trade Federal Commission regarding the potential impact of the merger on competition.
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Major Data Breach, Corporate Acquisitions and Streaming Offers in Tech
The data was found exposed on an Amazon cloud server, and contained precise location data on thousands of vehicles. Also, the Competition and Markets Authority, the U.K.’s antitrust watchdog, has opened an investigation into whether IBM’s planned acquisition of cloud software vendor HashiCorp would affect competition. The CMA said Monday it was inviting comment on the merger from interested parties by January 16; Apple is allowing anyone to access its Apple TV+ streaming service for free this weekend, from January 3 to 5. The company made the announcement on Monday alongside a short video featuring its most popular TV shows, including “Severance,” “Slow Horses,” “Shrinking,” and more; Samsung Electronics said on Tuesday that it has become the largest shareholder of South Korea-based robotics maker Rainbow Robotics, increasing its stake from 14.7% to 35% for KRW 267 billion (about $181 billion). The electronics giant, which paid KRW 86.8 billion for the 14.7% stake in 2023.