Techstrong News Recap – October 31, 2022

Hi again, everyone here the headlines for October 31st. First up after months of legal battles Elon Musk officially bought Twitter. Last Thursday night must closes 44 billion dollar acquisition of Twitter.

After becoming private musk reportedly fired several top level Executives including the current Twitter CEO. The story started all the way back in April when musk originally started making plans to buy Twitter as far as Twitter is concerned now, though, it is not clear what his plans are to do with it in the future. So we have to wait and see how this all turns out.

Next up Amazon was one of the latest companies to report weaker than expected Revenue. While the company returned to profitability this quarter revenue forecast for the quarter were not met. Amazon alongside other retailers have been feeling pessimistic about the holiday shopping season and have been offering more and more deals to clear out inventories in lure in Frugal shoppers.

Additionally, the retail Giants earnings follow a similar Trend to other big tech companies such as Google Microsoft and meta which have all reported drops in revenues and profits as the economy becomes tougher with higher inflation and Rising interest rates. In other news Ford has said that we'll be disbanding as autonomous vehicle company Argo AI Ford executive said that last week they do not see a path or profitability on fully autonomous cars and will be switching to partially automated driver assist systems. Florida said that it would take billions of dollars to put self-driving cars on the streets and with the waning enthusiasm of investors.

This was not a feasible reality for them. This shows the difficulty of making autonomous vehicles a reality. However with the customer support for driver assisted system still there Ford still considers this technology worth investing in Next up the US agriculture Department announced that it's making $759 million dollars of Grants and Loans available to rural communities to access high speed internet.

Part of the 65 billion dollar push for high-speed internet in last year's infrastructure law 49 communities across 24 States will receive the grants that will provide much needed Broadband services to these rural areas. The grants were revealed last week with the agricultural Department. Noting how rural areas having access to high-speed internet helps them access telemedicine tap into Economic Opportunity and work with Precision agriculture.

0. This just shows how any organization can end up struggling with operational security to learn more go to Security Boulevard calm. com.

We have an article looking at six stores announcement of a free digital signing software becoming generally available via the cloud. This new cloud service will make it possible for developers to cryptographically sign artifacts as well. As verify that the components used to build applications are secure.

com. Finally on container Journal we've an article looking at how release Hub announces new feature to spin Up application environments in the cloud based on how Docker compose files are configured on a developers laptop. Release Hub is said that the goal is to remove the friction that developers currently encounter when spinning up application environments.

com. And that's today's text wrong news recap.