Connect with us

MGM Says Computer Hack Will Cost It $100M in Lost Profit

MGM says the recent computer hack that shut down many services at its casino hotels will reduce third-quarter profit by about $100 million. Rapid7 Chief Security Officer Jaya Baloo joins Caroline Hyde on “Bloomberg Technology” to discuss the state of the cybersecurity industry and what companies should do to better protect themselves. ——– Like this…

Published

3 years ago

on

MGM says the recent computer hack that shut down many services at its casino hotels will reduce third-quarter profit by about $100 million. Rapid7 Chief Security Officer Jaya Baloo joins Caroline Hyde on “Bloomberg Technology” to discuss the state of the cybersecurity industry and what companies should do to better protect themselves.
——–
Like this video? Subscribe to Bloomberg Technology on YouTube:

Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde and Ed Ludlow here:

Get the latest in tech from Silicon Valley and around the world here:

Connect with us on…
Twitter:
Facebook:
Instagram:

Related Topics:
Continue Reading
Advertisement
1 Comment

1 Comment

  1. Wayne

    October 6, 2023 at 8:45 pm

    They already tightened up every machine through the valley bc they own the valley. I’m sure this is already forgotten.

    Reply

Leave a Reply

Your email address will not be published. Required fields are marked *

Science & Technology

How Apple’s Lawsuit Could Stall OpenAI’s Hardware Plans

Injunctions, restraining orders, delays. The Equity Podcast crew breaks down how Apple’s trade secret lawsuit could throw a wrench in OpenAI’s hardware ambitions.

Published

9 hours ago

on

July 17, 2026

By

Injunctions, restraining orders, delays.

The Equity Podcast crew breaks down how Apple’s trade secret lawsuit could throw a wrench in OpenAI’s hardware ambitions.

Continue Reading

Bloomberg Technology

China’s Moonshot, Netflix’s Slump & Greylock’s $1.5B Bet | Bloomberg Tech 7/17/2026

Bloomberg’s Ed Ludlow looks at Chinese startup Moonshot’s latest model, which it says can compete with the best from OpenAI and Anthropic. Plus, Netflix shares tumble after the streaming giant warns of slowing sales growth for a second straight quarter. And, Greylock, one of the oldest venture firms, just raised $1.5 billion for its 18th…

Published

12 hours ago

on

July 17, 2026

By

Bloomberg’s Ed Ludlow looks at Chinese startup Moonshot’s latest model, which it says can compete with the best from OpenAI and Anthropic. Plus, Netflix shares tumble after the streaming giant warns of slowing sales growth for a second straight quarter. And, Greylock, one of the oldest venture firms, just raised $1.5 billion for its 18th fund. We speak with partner Saam Motamedi.
——–
Like this video? Subscribe to Bloomberg Technology on YouTube:

 
Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde and Ed Ludlow here:

 
Get the latest in tech from Silicon Valley and around the world here:

Connect with us on…
X:
Facebook:
Instagram:
 
Follow Ed Ludlow on X here:
Follow Caroline Hyde on X here:
 
Listen to the daily Bloomberg Technology podcast here:

 
More from Bloomberg Business
Connect with us on…
X:
Facebook:
Instagram:
LinkedIn:
TikTok:

Continue Reading

Science & Technology

How Apple’s big lawsuit could disrupt OpenAI’s IPO plans | Equity Podcast

Apple filed a trade secrets lawsuit against OpenAI last Friday, and it’s not messing around. The complaint alleges a pattern of misconduct reaching all the way up to OpenAI’s chief hardware officer and claims more than 400 former Apple employees now work at the company. OpenAI’s response so far has been carefully hedged, and the…

Published

13 hours ago

on

July 17, 2026

By

Apple filed a trade secrets lawsuit against OpenAI last Friday, and it’s not messing around. The complaint alleges a pattern of misconduct reaching all the way up to OpenAI’s chief hardware officer and claims more than 400 former Apple employees now work at the company. OpenAI’s response so far has been carefully hedged, and the timing couldn’t be worse with the company reportedly eyeing an IPO as early as later this year.

On this episode of TechCrunch’s Equity podcast, hosts Kirsten Korosec, Anthony Ha, and Sean O’Kane dig into what the lawsuit could mean for OpenAI’s own hardware ambitions and IPO timeline, plus a bigger theme running through the week’s news: how much should anyone trust AI companies with their data?
Subscribe to Equity on YouTube, Apple Podcasts, Overcast, Spotify and all the casts. You also can follow Equity on X and Threads, at @EquityPod.

Chapters:

00:00 Intro

00:40 Would you want Sam Altman listening to you?

01:53 Apple sues OpenAI over trade secrets

13:24 Satya Nadella’s warning: “you’re paying twice” with your data

19:03 Open source vs. going deeper with AI labs

24:52 General Catalyst gives David Beckham’s health drink startup $1B

30:05 Ex-OpenAI researcher raises $200M for drug discovery startup

32:58 Outro

Continue Reading

Trending