Amazon prepares to strike back after Microsoft wins $10B JEDI contract

Microsoft‘s been awarded the controversial Joint Enterprise Defense Infrastructure (JEDI) contract, a $10 billion planned project to create and maintain an AI-powered, cloud-based weapons platform for the Pentagon. The company’s stocks hit a record intraday high on the back of the news, but shareholders may want to hold off before declaring victory. Amazon, the second-place…

UniCredit Bank Suffers ‘Data Incident’ Exposing 3 Million Italian Customer Records

UniCredit, an Italian global banking and financial services company, announced today that it suffered a security incident that leaked some personal information belonging to at least 3 million of its domestic customers. Officially founded in 1870, UniCredit is Italy’s biggest banking and financial services and one of the leading European commercial banks with more than…