Palo Alto Networks is acquiring IBM's QRadar cloud software and migrating customers to its Cortex Xsiam platform as part of a broader partnership aimed at expanding its consulting capabilities and customer base. The sum of the deal was not disclosed. CNBC reports: The move normally takes one to three months, Nikesh Arora, Palo Alto's CEO, told CNBC. Also, IBM will train more than 1,000 of its consulting employees on Palo Alto's products. [...] For IBM, a more robust lineup of contemporary security tools for consulting might help the company deliver on its stated goal of revenue growth in the mid-single digits for 2024. In the first quarter, revenue increased 3%, with a 2% bump in the consulting segment.

Palo Alto is growing much faster than IBM. In the January quarter, revenue jumped 19%. The company will report results for the latest quarter on Monday. Palo Alto more than doubled in value last year and its stock is up 6% year to date, lifting the company's market cap past $100 billion. The stock rose more than 1% in extended trading. IBM is up close to 5% this year and is now valued at $154 billion. The companies said the transaction should close by the end of September, subject to regulatory approval and other conditions. [...] IBM will continue to sell its QRadar software for use in on-premises data centers. At the same time, IBM will suggest that clients using it consider switching to Palo Alto's Cortex Xsiam.

Japan's Toshiba said on Thursday it will cut up to 4,000 jobs domestically as the industrial conglomerate accelerates restructuring under new ownership. From a report: Toshiba delisted in December due to a $13 billion takeover by a consortium led by private equity firm Japan Industrial Partners, capping a decade of scandal and upheaval. The consortium's efforts to engineer a turnaround at Toshiba are seen as a test for private equity in Japan, which used to be seen as "hagetaka" or vultures due to its rapacious reputation. The restructuring amounts to up to 6% of Toshiba's domestic workforce. The company also said it would relocate office functions from central Tokyo to Kawasaki, west of the capital, and target an operating profit margin of 10% in three years.

In an op-ed on Windows Central, the site's co-managing editor Jez Corden laments Microsoft's "short-sighted" decision-making and "inconsistent" investment in its products and services, which he argues has led to a loss of trust among customers and missed opportunities in the tech industry. Despite Microsoft's advancements in AI and cloud computing, the company has made "baffling" decisions such as shutting down Windows Phone, under-investing in Xbox, and canceling promising Surface products.

The author argues that Microsoft's lack of commitment to security, customer support, and long-term quality has "damaged" its reputation and hindered its potential for growth. Examples include recent hacking scandals, poor customer service experiences, and the aggressive promotion of Microsoft Edge at the expense of user choice. The author also expresses concern over Microsoft's handling of the Xbox brand, particularly the decision to release exclusive games on PlayStation, which could undermine the reasons for customers to choose Xbox. The op-ed concludes that while Microsoft has the potential to be a leader in the tech industry, its pattern of short-sighted decisions and failure to learn from past mistakes has led to a growing sense of doubt among its customers and observers.

The recent surge in bitcoin prices has the phones at crypto wallet recovery firms ringing off the hook, as retail investors locked out of their digital vaults make frantic calls to regain access to their accounts. From a report: Cryptocurrencies exist on a decentralized digital ledger known as blockchain and investors may opt to access their holdings either through a locally stored software wallet or a hardware wallet, to avoid risks related to owning crypto with an exchange, as in the case of the former FTX. Losing access to a crypto wallet is a well-known problem. Investors forgetting their intricate passwords is a primary reason, but loss of access to two-factor authentication devices, unexpected shutdowns of cryptocurrency exchanges and cyberattacks are also common.

Wallet passwords are usually alphanumeric and the wallet provider also offers a set of randomized words, known as "seed phrases," for additional security - both these are known only to the user. If investors lose the passwords and phrases, access to their wallets is cut off. With bitcoin prices regaining traction since last October and hitting a record high of $73,803.25 in March, investors seem to be suffering from a classic case of FOMO, or the fear of missing out. Reuters spoke to nearly a dozen retail investors who had lost access to their crypto wallets. Six of them contacted a recovery services firm and managed to regain access to their holdings.

An anonymous reader shares a report: There are concerning reports on Reddit that Apple's latest iOS 17.5 update has introduced a bug that causes old photos that were deleted -- in some cases years ago -- to reappear in users' photo libraries. After updating their iPhone, one user said they were shocked to find old NSFW photos that they deleted in 2021 suddenly showing up in photos marked as recently uploaded to iCloud. Other users have also chimed in with similar stories. "Same here," said one Redditor. "I have four pics from 2010 that keep reappearing as the latest pics uploaded to iCloud. I have deleted them repeatedly." "Same thing happened to me," replied another user. "Six photos from different times, all I have deleted. Some I had deleted in 2023." More reports have been trickling in overnight. One said: "I had a random photo from a concert taken on my Canon camera reappear in my phone library, and it showed up as if it was added today."

The FBI has seized the notorious BreachForums hacking forum that leaked and sold stolen corporate data to other cybercriminals. From a report: The seizure occurred on Wednesday morning, soon after the site was used last week to leak data stolen from a Europol law enforcement portal. The website is now displaying a message stating that the FBI has taken control over it and the backend data, indicating that law enforcement seized both the site's servers and domains. [...] The seizure message also shows the two forum profile pictures of the site's administrators, Baphomet and ShinyHunters, overlaid with prison bars.

At Google I/O on Tuesday, Google previewed a feature that will alert users to potential scams during a phone call. TechCrunch reports: The feature, which will be built into a future version of Android, uses Gemini Nano, the smallest version of Google's generative AI offering, which can be run entirely on-device. The system effectively listens for "conversation patterns commonly associated with scams" in real time. Google gives the example of someone pretending to be a "bank representative." Common scammer tactics like password requests and gift cards will also trigger the system. These are all pretty well understood to be ways of extracting your money from you, but plenty of people in the world are still vulnerable to these sorts of scams. Once set off, it will pop up a notification that the user may be falling prey to unsavory characters.

No specific release date has been set for the feature. Like many of these things, Google is previewing how much Gemini Nano will be able to do down the road sometime. We do know, however, that the feature will be opt-in.

A portal linking New York City to Dublin via a livestream has been temporarily shut down after inappropriate behavior ensued, according to the Dublin City Council. From a report: Less than a week after the 24/7 visual art installation was put in place, officials have opted to close it down temporarily after people began to flash each other, grind on the portal, and one person even shared pictures of the twin tower attack to people in New York City. Alternatively, the portal had also been the site of reunions with old friends and even a proposal, with many documenting their experience with the installation online.

The Dublin City Council said that although those engaged in the inappropriate behavior were few and far between, videos of said behavior went viral online. "While we cannot control all of these actions, we are implementing some technical solutions to address this and these will go live in the next 24 hours," the council said in a Monday statement. "We will continue to monitor the situation over the coming days with our partners in New York to ensure that portals continue to deliver a positive experience for both cities and the world."

Marc Whitten, Unity Create's chief product and technology officer, is stepping down on June 1, 2024, following the company's contentious Runtime Fee policy. Whitten will assist with the transition until December 31, 2024. The now-discarded Runtime Fee, announced in September 2023, faced severe backlash from developers who viewed it as a punitive per-install tariff. Unity reworked the fee and acknowledged its lack of communication with developers. CEO John Riccitiello also departed in October 2023, succeeded by Matthew Bromberg. Upon resignation, Whitten will receive a total of $814,801 in various payouts and benefits.

A panel of judges in the Netherlands has found Alexey Pertsev, one of the developers behind crypto anonymizing tool Tornado Cash, guilty of money laundering. Wired: Over the course of two days in March, the Russian national was tried on the allegation that the tool he developed had allowed criminals -- among them hackers with ties to North Korea -- to freely launder $1.2 billion in stolen cryptocurrency. "The management of Tornado Cash welcomed the bank robbers with open arms," the prosecutors wrote in a March court filing.

Dutch judges sentenced Pertsev to five years and four months in prison on Tuesday, which was the term requested by prosecutors in the case. "With Tornado Cash, the defendant created a shortcut for financing crimes and terrorism," said the court in a statement, translated from Dutch. "He chose to look away from the abuse and did not take any responsibility." The purpose of tools like Tornado Cash, known as crypto mixers or tumblers, is to mask the origin and destination of users' coins. Funds belonging to many parties are pooled, jumbled up, and spat out into brand-new wallets, by which time it is no longer clear whose crypto is whose. These services are promoted as a way to improve the level of privacy available to crypto users, but have been readily co-opted for the purpose of money laundering.

On August 8, 2022, Tornado Cash was sanctioned in the United States, making it illegal for US citizens to use the service. Any product that "indiscriminately facilitates anonymous transactions," wrote the US Treasury's Office of Foreign Assets Control, represents a "threat to US national security." Two days later, Pertsev was arrested in the Netherlands, where he resided. Money laundering activity, the Dutch prosecutors claim, accounted for more than 30 percent of the funds that passed through Tornado Cash between 2019 and 2022. [...] Pertsev built his defense on the argument that Tornado Cash, which remains in operation, is under nobody's control -- including his own -- as a piece of software that runs on the Ethereum blockchain, a distributed network of computers. Further reading: Coinbase Employees and Ethereum Backers Sue US Treasury Over Tornado Cash Sanctions (September 2022).

An anonymous reader quotes a report from the Washington Post: Return-to-office mandates at some of the most powerful tech companies -- Apple, Microsoft and SpaceX -- were followed by a spike in departures among the most senior, tough-to-replace talent, according to a case study published last week by researchers at the University of Chicago and the University of Michigan. Researchers drew on resume data from People Data Labs to understand the impact that forced returns to offices had on employee tenure and the movement of workers between companies. What they found was a strong correlation between the departures of senior-level employees and the implementation of a mandate, suggesting that these policies "had a negative effect on the tenure and seniority of their respective workforce." High-ranking employees stayed several months less than they might have without the mandate, the research suggests -- and in many cases, they went to work for direct competitors.

At Microsoft, the share of senior employees as a portion of the company's overall workforce declined more than five percentage points after the return-to-office mandate took effect, the researchers found. At Apple, the decline was four percentage points, while at SpaceX -- the only company of the three to require workers to be fully in-person -- the share of senior employees dropped 15 percentage points. "We find experienced employees impacted by these policies at major tech companies seek work elsewhere, taking some of the most valuable human capital investments and tools of productivity with them," said Austin Wright, an assistant professor of public policy at the University of Chicago and one of the study's authors. "Business leaders should weigh carefully employee preferences and market opportunities when deciding when, or if, they mandate a return to office." While the corporate culture and return-to-office policies differ "markedly" between the three companies, the similar effects of the RTO mandates suggest that "the effects are driven by common underlying dynamics," wrote the authors of the study.

"Our findings suggest that RTO mandates cost the company more than previously thought," said David Van Dijcke, a researcher at the University of Michigan who worked on the study. "These attrition rates aren't just something that can be managed away."

Robert Ployhart, a professor of business administration and management at the University of South Carolina, said executives haven't provided much evidence that RTO mandates actually benefit their workforces. "The people sitting at the apex may not like the way they feel the organization is being run, but if they're not bringing data to that point of view, it's really hard to argue why people should be coming back to the workplace more frequently," Ployhart said.

Senior employees, he said, are "the caretakers of a company's culture," and having to replace them can have negative effects on team morale and productivity. "By driving those employees away, they've actually enhanced and sped up the very thing they were trying to stop," Ployhart said.

Apple and Google have launched a new industry standard called "Detecting Unwanted Location Trackers" to combat the misuse of Bluetooth trackers for stalking. Starting Monday, iPhone and Android users will receive alerts when an unknown Bluetooth device is detected moving with them. The move comes after numerous cases of trackers like Apple's AirTags being used for malicious purposes.

Several Bluetooth tag companies have committed to making their future products compatible with the new standard. Apple and Google said they will continue collaborating with the Internet Engineering Task Force to further develop this technology and address the issue of unwanted tracking.

An anonymous reader shares a report: Microsoft is attempting to solve the hassle of coordinating with colleagues on when everyone will be in the office. It's a problem that emerged with the increase in hybrid and flexible work after the recent covid-19 pandemic, with workers spending less time in the office. Microsoft Places is an AI-powered app that goes into preview today and should help businesses that rely on Outlook and Microsoft Teams to better coordinate in-office time together.

"When employees get to the office, they don't want to be greeted by a sea of empty desks -- they want face-time with their manager and the coworkers they collaborate with most frequently," says Microsoft's corporate vice president of AI at work, Jared Spataro, in a blog post. "With Places, you can more easily coordinate across coworkers and spaces in the office."

An anonymous reader shares a report: The default pasting behavior of Microsoft Word is a nightmare, and has been forever. If you want to add a text or image using the standard option, you can easily mess up the entire formatting in the text if a completely different font suddenly appears. After many years of complaints, Microsoft is finally listening to user feedback and changing the default behavior when pasting in Word.

From now on, the source's formatting will no longer be automatically retained. Instead, "Merge formatting" will be the new default for everyone, as Microsoft explained in a blog post this week. This means that after the update, newly pasted text will take on the font size, font type, and color of the text written in Word. However, special features such as lists or italicized elements will be retained. If you want these elements to be automatically adapted to the Word text, you must select the option "Keep text only."

mspohr shares a report: The solar storm that brought the aurora borealis to large parts of the United States this weekend also broke critical GPS and precision farming functionality in tractors and agricultural equipment during a critical point of the planting season, 404 Media has learned. These outages caused many farmers to fully stop their planting operations for the moment. One chain of John Deere dealerships warned farmers that the accuracy of some of the systems used by tractors are "extremely compromised," and that farmers who planted crops during periods of inaccuracy are going to face problems when they go to harvest, according to text messages obtained by 404 Media and an update posted by the dealership.

The outages highlight how vulnerable modern tractors are to satellite disruptions, which experts have been warning about for years. "All the tractors are sitting at the ends of the field right now shut down because of the solar storm," Kevin Kenney, a farmer in Nebraska, told me. "No GPS. We're right in the middle of corn planting. I'll bet the commodity markets spike Monday." Specifically, some GPS systems were temporarily knocked offline. This caused intermittent connections and accuracy problems with "Real-Time Kinematic" (RTK) systems, which connect to John Deere "StarFire" receivers that are in modern tractors and agricultural equipment. RTK systems use GPS plus a stream of constantly-updating "correction" data from a fixed point on the ground to achieve centimeter-level positional accuracy for planting crops, tilling fields, spraying fertilizer and herbicide, etc.