July 3, 2024
Tech News
Evolve Bank & Trust faced a data breach, leading to stolen data being posted on the dark web. In response, the bank sent a cease and desist letter to Jason Mikula, the author of Fintech Business Weekly, who had been covering the breach. Despite the legal threat, Mikula plans to continue reporting on the situation responsibly.
Mastodon, a decentralized alternative to Twitter, introduced a new ‘byline’ feature to attract journalists and writers. This feature allows clickable author bylines on link posts, directing users to the author’s account on the fediverse. Initially available on the main Mastodon server and for moderator-approved websites, this feature could encourage more journalists to use the platform.
A “culture war” over remote and hybrid working has erupted across Europe, with the UK leading as the most WFH-friendly country. The Global Survey of Working Arrangements (G-SWA) reveals that the average British employee with a graduate education spends significantly more time working remotely compared to their counterparts in France and Greece. Factors influencing WFH rates include wifi connectivity, lockdown experiences, sector mix, and national culture of individualism. Despite varying levels of WFH adoption across countries, demand for flexible working arrangements remains widespread.
Amazon has started offering early deals for Prime Day 2024, including discounts on devices like the Fire TV Stick 4K Max, Kindle Scribe Essentials Bundle, Fire TV Omni, Echo Frames, and Sony WH-CH520 headphones. These deals are exclusively available to Amazon Prime subscribers and include significant discounts on streaming devices, TVs, ebook readers, smart glasses, and headphones. Additionally, new subscribers to Amazon Music Unlimited can get up to five months free, depending on their Prime membership status.
Tech Explained
Data Breach – A data breach is a security incident in which sensitive, protected, or confidential data is accessed or disclosed without authorization.
Fintech – Fintech is a portmanteau of financial technology that describes an industry composed of companies that use technology to make financial services more efficient.
Work From Home (WFH) – Work From Home (WFH) refers to the practice of working from a remote location, typically one’s home, instead of commuting to a physical office.
Fire TV Stick 4K Max – The Fire TV Stick 4K Max is a streaming media player that allows users to access various streaming services and apps on their television.
Amazon Prime – Amazon Prime is a subscription service offered by Amazon that provides members with various benefits, including free shipping, streaming of movies and TV shows, and exclusive deals on products.
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