विज्ञान

By Svea Herbst-Bayliss NEW YORK (Reuters) -Activist investor Impactive Capital has selected a handful of director candidates with experience in banking and payments to serve on financial technology company WEX's board, signaling its intent to push ahead with a planned proxy fight. Impactive, which owns 6.4% of WEX, signed up four industry executives to serve on its slate, two people familiar with the matter said. Impactive co-founder Lauren Taylor Wolfe may also stand as a director candidate, taking the number of total candidates to five, said the sources, who are not permitted to discuss the private agreements publicly. The selection of directors – long before the window to nominate candidates opens next year – underscores ongoing tension between the two sides. Impactive said in May, just two days after WEX's annual meeting, that it intends to run a proxy fight. WEX is valued at roughly $5 billion and its shares have fallen 13% since January. “We have a history of constructive engagement with Impactive and we welcome feedback from all our shareholders,” a WEX representative said. This would be only the second time in Impactive's eight-year history that the firm has nominated directors to a board. It settled its fight with financial technology company Envestnet in 2023 when the company added three directors to the board, including Taylor Wolfe. For WEX, Impactive selected Ellen Alemany, vice chair of First Citizens Bank, Ken Cornick, co-founder of airport security company CLEAR, Jim Fox, former interim CEO and current board chair of Envestnet and fintech investor Kush Saxena who is a former CEO of Getnet and was a former chief strategy officer of Mastercard. Taylor Wolfe is scheduled to speak at Tuesday's 13D Monitor Active-Passive Investment Summit in New York where investors will present their best investment ideas and present updates to existing activist campaigns. (Reporting by Svea Herbst-Bayliss; Editing by Nia Williams)

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

By Deborah Mary Sophia and Shubham Kalia (Reuters) -Amazon's cloud services unit AWS was struggling to recover on Monday from a widespread outage that knocked out thousands of websites along with some of the world's most popular apps – Snapchat and Reddit – and disrupted businesses globally. The turmoil marked the largest internet disruption since last year's CrowdStrike malfunction hobbled technology systems in hospitals, banks and airports, and highlights the vulnerability of the world's interconnected technologies. After more than nine hours of disruptions, some applications were gradually coming back online as of 1:00 p.m. ET (1700 GMT). But AWS acknowledged that elevated errors were still affecting several AWS services and that it was working on recovering connectivity. AWS was down for more than 9,300 users as of 1:00 p.m. ET, according to outage tracking website Downdetector. That figure is higher than the earlier peak of about 5,800 reports at 3:48 a.m. ET. Lambda, one of AWS's computing services, was experiencing errors due to issues with an internal subsystem, AWS said in an update on its status page. "We are taking steps to recover this internal Lambda system," it said. AWS said earlier the root cause of the outage is an underlying subsystem that monitors the health of its network load balancers used to distribute traffic across several servers to ensure improved performance and capacity. The issue, AWS said, originated from within the "EC2 internal network." EC2 refers to Amazon's "Elastic Compute Cloud" service, which provides on-demand cloud capacity within AWS. Businesses use EC2 to run virtual servers that they need to develop, launch and host applications, and can scale up or down on capacity as required. Steps to resolve EC2 system-related issues resulted in some early signs of recovery across a few data centers, AWS said in an update on its status page. It is taking similar measures at the remaining locations and expects the problems to subside, AWS added, without providing a specific timeline. While some apps like Reddit and Roblox had largely stabilized, according to outage tracking website Downdetector, others, including Snapchat, PayPal's Venmo and Duolingo, were showing a resurgence in issues seen earlier in the day. ISSUE ORIGINATED FROM AWS SITE KNOWN FOR PREVIOUS OUTAGES AWS provides computing power, data storage and other digital services to companies, governments and individuals and is the world's largest cloud provider, followed by Microsoft's Azure and Alphabet's Google Cloud. Disruptions to its servers can cause outages across websites and platforms – ranging from food delivery apps to gaming platforms and airline systems – that rely on its cloud infrastructure. AWS said on its status page that Monday's outage originated at its US-EAST-1 location in northern Virginia, its oldest and largest for web services. The site suffered outages in 2021 and 2020. According to documentation on the AWS website, the US-EAST-1 site is often the default region for many AWS services.  Asked for comment, AWS directed Reuters to its status page. Amazon did not respond to a request for comment. "FRAGILE INFRASTRUCTURES" The problem highlights how interconnected everyday digital services have become and their reliance on a small number of global cloud providers, with one glitch wreaking havoc on business and day-to-day life, experts and academics said. "This outage once again highlights the dependency we have on relatively fragile infrastructures," said Jake Moore, global cybersecurity advisor at European cybersecurity firm ESET. In Britain, Lloyd Bank, Bank of Scotland and telecom service providers Vodafone and BT were all hit, according to Downdetector's UK website, as was UK tax, payments and customs authority HMRC's website. "The main reason for this issue is that all these big companies have relied on just one service," said Nishanth Sastry, director of research at the University of Surrey's Department of Computer Science. Ookla, which owns Downdetector, said over 4 million users reported issues due to the incident. "For major businesses, hours of cloud downtime translate to millions in lost productivity and revenue," said Ryan Griffin, U.S. cyber practice leader at insurance broker McGill and Partners.  FROM SNAPCHAT TO VENMO: OUTAGE TAKES DOWN APPS Ookla said at least a thousand companies were affected by the outage. Snapchat last had over 7,500 reports on Downdetector, lower than the peak of more than 22,000 but still higher than the 4,000 outage instances at around 7:00 a.m. ET. Artificial intelligence startup Perplexity, cryptocurrency exchange Coinbase and trading app Robinhood all experienced platform disruptions and attributed them to AWS. Amazon's own services, including its shopping website, Prime Video and Alexa, were also hit, although Downdetector last showed a decrease in severity. Fortnite, owned by Epic Games; Clash Royale and Clash of Clans were among the gaming platforms affected. Uber rival Lyft was also knocked down in the United States. In a post on X, Signal President Meredith Whittaker confirmed the messaging app was hit by the outage as well, though billionaire Elon Musk, who owns X, said his platform continued to work. While there has been no indication of a potential cyberattack behind Monday's outage, the scale of the disruption has fed speculation. "When anything like this happens, the concern that it's a cyber incident is understandable," said Rafe Pilling, director of threat intelligence at cybersecurity firm Sophos. "AWS has a far-reaching and intricate footprint, so any issue can cause a major upset." (Reporting by Shubham Kalia, Devika Nair, Ananya Palyekar and Deborah Sophia in Bengaluru; Additional reporting by James Pearson, Jaspreet Singh and Arsheeya Bajwa; Editing by Saumyadeb Chakrabarty, Joe Bavier and Richard Chang)

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

By Svea Herbst-Bayliss NEW YORK (Reuters) -Activist investor Impactive Capital has selected a handful of director candidates with experience in banking and payments to serve on financial technology company WEX's board, signaling its intent to push ahead with a planned proxy fight. Impactive, which owns 6.4% of WEX, signed up four industry executives to serve on its slate, two people familiar with the matter said. Impactive co-founder Lauren Taylor Wolfe may also stand as a director candidate, taking the number of total candidates to five, said the sources, who are not permitted to discuss the private agreements publicly. The selection of directors – long before the window to nominate candidates opens next year – underscores ongoing tension between the two sides. Impactive said in May, just two days after WEX's annual meeting, that it intends to run a proxy fight. WEX is valued at roughly $5 billion and its shares have fallen 13% since January. “We have a history of constructive engagement with Impactive and we welcome feedback from all our shareholders,” a WEX representative said. This would be only the second time in Impactive's eight-year history that the firm has nominated directors to a board. It settled its fight with financial technology company Envestnet in 2023 when the company added three directors to the board, including Taylor Wolfe. For WEX, Impactive selected Ellen Alemany, vice chair of First Citizens Bank, Ken Cornick, co-founder of airport security company CLEAR, Jim Fox, former interim CEO and current board chair of Envestnet and fintech investor Kush Saxena who is a former CEO of Getnet and was a former chief strategy officer of Mastercard. Taylor Wolfe is scheduled to speak at Tuesday's 13D Monitor Active-Passive Investment Summit in New York where investors will present their best investment ideas and present updates to existing activist campaigns. (Reporting by Svea Herbst-Bayliss; Editing by Nia Williams)

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

By Svea Herbst-Bayliss NEW YORK (Reuters) -Activist investor Impactive Capital has selected a handful of director candidates with experience in banking and payments to serve on financial technology company WEX's board, signaling its intent to push ahead with a planned proxy fight. Impactive, which owns 6.4% of WEX, signed up four industry executives to serve on its slate, two people familiar with the matter said. Impactive co-founder Lauren Taylor Wolfe may also stand as a director candidate, taking the number of total candidates to five, said the sources, who are not permitted to discuss the private agreements publicly. The selection of directors – long before the window to nominate candidates opens next year – underscores ongoing tension between the two sides. Impactive said in May, just two days after WEX's annual meeting, that it intends to run a proxy fight. WEX is valued at roughly $5 billion and its shares have fallen 13% since January. “We have a history of constructive engagement with Impactive and we welcome feedback from all our shareholders,” a WEX representative said. This would be only the second time in Impactive's eight-year history that the firm has nominated directors to a board. It settled its fight with financial technology company Envestnet in 2023 when the company added three directors to the board, including Taylor Wolfe. For WEX, Impactive selected Ellen Alemany, vice chair of First Citizens Bank, Ken Cornick, co-founder of airport security company CLEAR, Jim Fox, former interim CEO and current board chair of Envestnet and fintech investor Kush Saxena who is a former CEO of Getnet and was a former chief strategy officer of Mastercard. Taylor Wolfe is scheduled to speak at Tuesday's 13D Monitor Active-Passive Investment Summit in New York where investors will present their best investment ideas and present updates to existing activist campaigns. (Reporting by Svea Herbst-Bayliss; Editing by Nia Williams)

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

(Reuters) -Apple shares surged to an all-time high on Monday, with the iPhone maker close to becoming the third company to hit a $4 trillion market valuation as data showed strong momentum for the latest iPhone. Data from research firm Counterpoint showed the iPhone 17 series outperformed its predecessor in early sales in China and the United States, with the newer models out-selling the iPhone 16 series by 14% during their first 10 days of availability in the two countries. Apple shares jumped 4.5% to $263.7, giving it a market capitalization of about $3.91 trillion and making it the second most valuable company in the world behind AI-chip giant Nvidia. Over the weekend, Evercore ISI added the stock to its Tactical Outperform List as the brokerage expects Apple to beat market expectations for the current three-month period and issue upbeat forecasts for the December quarter. "The recent launch of online orders in China may be a positive tailwind for the Dec-qtr, as initial delivery time data reflects stronger initial demand relative to other regions at launch," Evercore ISI analysts wrote in a note. Apple shares struggled earlier this year on concerns over tough competition in China and uncertainties around how the company would navigate high U.S. tariffs on Asian economies such as China and India, its major manufacturing hubs.  The stock is set for its biggest one-day jump since early August if gains hold and will be up 5% year-to-date. Apple will report quarterly earnings after the bell on October 30. (Reporting by Shashwat Chauhan in Bengaluru; Editing by Anil D'Silva)

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

(Reuters) -An outage at Amazon's cloud computing unit was gradually easing on Monday, after disrupting many online services offered by banks, social media companies and businesses. The turmoil marked the largest internet disruption since last year's CrowdStrike malfunction hobbled tech systems in hospitals, banks and airports. It highlights the vulnerability of the world's interconnected technologies. The cloud unit, Amazon Web Services, or AWS, has more than one million active customers every month and it currently spans 120 availability zones across 38 geographic regions, according to the company website. Below are key details about the outage: CAUSE OF ISSUE The outage began when a problem with the Domain Name System prevented applications from finding the correct address for the DynamoDB API, which is a cloud database that many online services use to store user information and other critical data. The internet uses DNS like a phone book to turn names into numeric addresses as computers require an IP address to connect to the right server. Apps could not look up the IP address for DynamoDB's API due to the DNS problem. AWS said the issue originated from within the elastic compute cloud (EC2) internal network, the high-speed network that AWS uses to connect all its cloud services within the data centers of the US-EAST-1 region. PLACE OF ISSUE AWS said on its status page that Monday's outage originated at its US-EAST-1 location in northern Virginia. AWS hosts its cloud infrastructure at US-EAST-1, which is one of the most prominently used AWS locations. The US-EAST-1 site is often the default region for many AWS services, according to the AWS website. PREVIOUS OUTAGES June 2023 A capacity management issue in the US-EAST-1 region affected the AWS Lambda service that lets customers run computer programs without having to manage any underlying servers and other interdependent services. Many applications were impacted for hours. December 2021 An internal automated system in US-EAST-1 unexpectedly triggered a network congestion event, overwhelming network devices. It caused a widespread outage for several hours, hitting services, including Ring security cameras, mobile banking app Chime and robot vacuum cleaner maker iRobot, which use AWS. BY THE NUMBERS AWS' revenue grew 18% from a year earlier to $30.9 billion for the second quarter ended June 30. SERVICES AFFECTED E-commerce and retail ** Amazon Streaming and media ** Prime Video ** Crunchyroll Gaming ** Roblox ** Epic Games' Fortnite Social media and communications ** Snapchat ** Reddit ** Signal Finance and payments ** PayPal's Venmo ** Robinhood ** Lloyd's Banking Group Transport ** Lyft Artificial intelligence ** Perplexity Education/Productivity ** Duolingo Source for services hit: Downdetector.com (Reporting by Jaspreet Singh, Anhata Rooprai and Arnav Mishra in Bengaluru; Editing by Alan Barona)

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

(Reuters) -An outage at Amazon's cloud computing unit was gradually easing on Monday, after disrupting many online services offered by banks, social media companies and businesses. The turmoil marked the largest internet disruption since last year's CrowdStrike malfunction hobbled tech systems in hospitals, banks and airports. It highlights the vulnerability of the world's interconnected technologies. The cloud unit, Amazon Web Services, or AWS, has more than one million active customers every month and it currently spans 120 availability zones across 38 geographic regions, according to the company website. Below are key details about the outage: CAUSE OF ISSUE The outage began when a problem with the Domain Name System prevented applications from finding the correct address for the DynamoDB API, which is a cloud database that many online services use to store user information and other critical data. The internet uses DNS like a phone book to turn names into numeric addresses as computers require an IP address to connect to the right server. Apps could not look up the IP address for DynamoDB's API due to the DNS problem. AWS said the issue originated from within the elastic compute cloud (EC2) internal network, the high-speed network that AWS uses to connect all its cloud services within the data centers of the US-EAST-1 region. PLACE OF ISSUE AWS said on its status page that Monday's outage originated at its US-EAST-1 location in northern Virginia. AWS hosts its cloud infrastructure at US-EAST-1, which is one of the most prominently used AWS locations. The US-EAST-1 site is often the default region for many AWS services, according to the AWS website. PREVIOUS OUTAGES June 2023 A capacity management issue in the US-EAST-1 region affected the AWS Lambda service that lets customers run computer programs without having to manage any underlying servers and other interdependent services. Many applications were impacted for hours. December 2021 An internal automated system in US-EAST-1 unexpectedly triggered a network congestion event, overwhelming network devices. It caused a widespread outage for several hours, hitting services, including Ring security cameras, mobile banking app Chime and robot vacuum cleaner maker iRobot, which use AWS. BY THE NUMBERS AWS' revenue grew 18% from a year earlier to $30.9 billion for the second quarter ended June 30. SERVICES AFFECTED E-commerce and retail ** Amazon Streaming and media ** Prime Video ** Crunchyroll Gaming ** Roblox ** Epic Games' Fortnite Social media and communications ** Snapchat ** Reddit ** Signal Finance and payments ** PayPal's Venmo ** Robinhood ** Lloyd's Banking Group Transport ** Lyft Artificial intelligence ** Perplexity Education/Productivity ** Duolingo Source for services hit: Downdetector.com (Reporting by Jaspreet Singh, Anhata Rooprai and Arnav Mishra in Bengaluru; Editing by Alan Barona)

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

(Reuters) -Republican Florida Attorney General James Uthmeier said his office is issuing criminal subpoenas to Roblox Corp, calling the video gaming platform a "breeding ground for predators" that puts children at risk. In a video posted on X, Uthmeier accused Roblox of profiting from children while failing to protect them. "They enabled our kids to be abused," he said. The subpoenas will allow prosecutors to gather more information about the alleged criminal activity on the platform, including evidence related to suspected predators and victims, according to Uthmeier. Roblox has long faced questions over children's safety, a concern highlighted by a short seller report from Hindenburg Research in October last year. The concerns prompted Roblox to invest heavily in protecting younger users on its platform by tightening messaging rules for children under 13, intensive content moderation and AI-powered monitoring. In an emailed statement to Reuters, Roblox said it prohibits sharing images and videos in chat, uses filters designed to block the exchange of personal information, and is working to implement age estimation for all users accessing chat features. "While no system is perfect, our trained teams and automated tools continuously monitor communications to detect and remove harmful content," a Roblox spokesperson said. Iraq banned Roblox late on Sunday, citing concerns that the platform enables direct user communication exposing children and adolescents to potential exploitation or cyber-extortion, and saying its content was "incompatible with social values and traditions." Roblox faces mounting scrutiny in the U.S., with multiple lawsuits, including by the Louisiana attorney general and an earlier case in San Francisco, alleging it fails to implement adequate safety measures and enables sexual predators to exploit children. (Reporting by Juby Babu in Mexico City; Editing by Tasim Zahid)

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

By Raphael Satter and AJ Vicens WASHINGTON (Reuters) -A more than year-long digital intrusion into cybersecurity company F5, publicized last week and blamed on Chinese spies, has defenders across the industry hunting for signs of compromise among the many corporate networks that use its products. Several worry that more disclosures are coming. So far, little is known about the scope of the hack beyond statements from F5 that its source code and sensitive information about software vulnerabilities were stolen. The company's website says it serves more than four in five Fortune 500 companies in some capacity, and U.S. officials have said that federal networks were among those targeted in the hack's aftermath and have urged immediate action. That extensive presence alone has triggered widespread unease. F5's stock tumbled 12 percent last Thursday, the day it published a host of fixes for previously vulnerable products, although it rebounded slightly by the end of the week. Several cybersecurity executives and analysts compared the hack at F5 to the extraordinary intrusion at the software company SolarWinds discovered in December 2020. That company, whose Orion software was used for network monitoring, became the unwitting springboard into a number of highly sensitive networks after its source code was tampered with. Around a dozen government departments were eventually breached in the wide-ranging spy operation. Just like SolarWinds, which was little known in the consumer market before the hack, F5 has a host of tech equipment and services – load balancers, content delivery networks and firewalls – that typically play low-profile but critical roles in directing, managing and filtering organizations' internet traffic. "I'm not equating this to the SolarWinds attack, but I'm equating it to the fact that people never hear of it, but it's in everybody's network," said Michael Sikorski, the chief technology officer at Palo Alto Networks' threat intelligence-focused Unit 42. "When we're talking about 80 percent of the Fortune 500, we're talking about banks, law firms, tech companies, you name it." Sikorski said the F5 hackers stole source code and undisclosed vulnerability information, potentially giving them the ability to develop tools for cyberespionage in a tight time frame. Bob Huber, chief security officer of cybersecurity firm Tenable, said he too had SolarWinds in mind as he tried to make sense of what was going on at F5. "As of right now, this is not SolarWinds," he told Reuters, noting that F5 has said it had "no evidence of modification to our software supply chain." Still, Huber said there were signs that more unwelcome disclosures lie ahead, given the paucity of information about the breach and the urgency with which the government was moving to remediate it, via an October 15 emergency directive and a public warning that unnamed federal networks were being targeted by a "nation-state cyber threat actor." "We're waiting for the other shoe to drop," he said. While no other victims of the F5 breach have been publicly identified, cybersecurity firm Greynoise Intelligence, which monitors internet scanning and attack activity, has found hints that an unknown actor was searching out F5 devices on the internet starting about a month ago. Greynoise detected a major spike in scanning activity focused on F5 beginning in mid-September, according to Glenn Thorpe, the company's senior director of security research and detection engineering. "That implies someone somewhere knew something," Thorpe said. (Reporting by Raphael Satter and AJ Vicens; Editing by Edmund Klamann)

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

By Raphael Satter and AJ Vicens WASHINGTON (Reuters) -A more than year-long digital intrusion into cybersecurity company F5, publicized last week and blamed on Chinese spies, has defenders across the industry hunting for signs of compromise among the many corporate networks that use its products. Several worry that more disclosures are coming. So far, little is known about the scope of the hack beyond statements from F5 that its source code and sensitive information about software vulnerabilities were stolen. The company's website says it serves more than four in five Fortune 500 companies in some capacity, and U.S. officials have said that federal networks were among those targeted in the hack's aftermath and have urged immediate action. That extensive presence alone has triggered widespread unease. F5's stock tumbled 12 percent last Thursday, the day it published a host of fixes for previously vulnerable products, although it rebounded slightly by the end of the week. Several cybersecurity executives and analysts compared the hack at F5 to the extraordinary intrusion at the software company SolarWinds discovered in December 2020. That company, whose Orion software was used for network monitoring, became the unwitting springboard into a number of highly sensitive networks after its source code was tampered with. Around a dozen government departments were eventually breached in the wide-ranging spy operation. Just like SolarWinds, which was little known in the consumer market before the hack, F5 has a host of tech equipment and services – load balancers, content delivery networks and firewalls – that typically play low-profile but critical roles in directing, managing and filtering organizations' internet traffic. "I'm not equating this to the SolarWinds attack, but I'm equating it to the fact that people never hear of it, but it's in everybody's network," said Michael Sikorski, the chief technology officer at Palo Alto Networks' threat intelligence-focused Unit 42. "When we're talking about 80 percent of the Fortune 500, we're talking about banks, law firms, tech companies, you name it." Sikorski said the F5 hackers stole source code and undisclosed vulnerability information, potentially giving them the ability to develop tools for cyberespionage in a tight time frame. Bob Huber, chief security officer of cybersecurity firm Tenable, said he too had SolarWinds in mind as he tried to make sense of what was going on at F5. "As of right now, this is not SolarWinds," he told Reuters, noting that F5 has said it had "no evidence of modification to our software supply chain." Still, Huber said there were signs that more unwelcome disclosures lie ahead, given the paucity of information about the breach and the urgency with which the government was moving to remediate it, via an October 15 emergency directive and a public warning that unnamed federal networks were being targeted by a "nation-state cyber threat actor." "We're waiting for the other shoe to drop," he said. While no other victims of the F5 breach have been publicly identified, cybersecurity firm Greynoise Intelligence, which monitors internet scanning and attack activity, has found hints that an unknown actor was searching out F5 devices on the internet starting about a month ago. Greynoise detected a major spike in scanning activity focused on F5 beginning in mid-September, according to Glenn Thorpe, the company's senior director of security research and detection engineering. "That implies someone somewhere knew something," Thorpe said. (Reporting by Raphael Satter and AJ Vicens; Editing by Edmund Klamann)

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)