SoftBank-backed construction giant Katerra said to be shutting down after raising billions – TechCrunch

After burning through more than $2 billion in funding, SoftBank-backed construction startup Katerra has told employees that it will be shutting down operations, according to a report in The Information. Last year, the company claimed it had more than 8,000 employees globally. Menlo Park-based Katerra had already been struggling to find a viable business in…

Malware Can Use This Trick to Bypass Ransomware Defense in Antivirus Solutions

Researchers have disclosed significant security weaknesses in popular software applications that could be abused to deactivate their protections and take control of allow-listed applications to perform nefarious operations on behalf of the malware to defeat anti-ransomware defenses. The twin attacks, detailed by academics from the University of Luxembourg and the University of London, are aimed…

Connected World Honors 2021 IoT Innovations

Contact:Laura BlackEditor at-Largelblack@specialtypub.com Naperville, Ill. – June 1, 2020 – Many of the IoT (Internet of Things) technologies developed before and during the pandemic are making a difference for businesses. However, emergencies generate crisis responses and often those responses fade away once the disaster is over. What innovations will stand the test of time? That…