Weekly Digital News Roundup: July 16 – July 20

Weekly Digital News Roundup: July 16 – July 20

Security Researchers Find a Way to Hack Cars

  • According to the New York Times, over the last two years, two well-respected security researchers, Charlie Miller and Chris Valasek, have been hacking away at various cars, trying to find a way to control them remotely. From the Internet, they were able to track cars down by their location, see how fast they were going, turn their blinkers and lights on and off, mess with their windshield wipers, radios, navigation and, in some cases, control their brakes and steering.
  • For the last year, Mr. Miller and Mr. Valasek have been tinkering with a Jeep, trying to find a way to control the car remotely. What they did not realize at the time was that their discovery would extend far beyond the Jeep and impact hundreds of thousands of other vehicles sold by Fiat Chrysler Automobiles.
  • Their research is likely to be one of the first discoveries in a new chapter of vulnerabilities and attacks directed at the so-called Internet of Things, the billions of products, machinery and infrastructure expected to come online over the next five years.

Apple stock down more than 5% in morning trading

  • According to LA Times, the heels of a good-but-not-great earnings report as well as concerns about demand in China and iPhone growth prospects, investors are sending Apple stock sharply down in Wednesday morning trading on Wall Street.
  • As of 7 a.m. PDT, the Cupertino, Calif.-based company’s stock had fallen $6.56, or slightly more than 5%, to $124.19. That comes after investors pushed Apple stock down more than 7% in after-hours trading on Tuesday, shortly after the company posted its fiscal third-quarter earnings report in the afternoon.
  • It actually was a solid quarter overall for Apple, which beat Wall Street expectations by reporting profit of $10.7 billion on revenue of $49.6 billion for the three months ended June 27. But the company’s outlook for the next three months was softer than analysts had expected. Many expressed concerns about the iPhone’s ability to continue delivering robust sales, and are worried about demand in China. Apple sold 47.5 million iPhones last quarter. Revenue from iPhones totaled $31.37 billion, up 59% year over year.

Grooveshark Co-Founder Josh Greenberg Found Dead At 28

  • According to the TechCrunch, Josh Greenberg, the 28-year-old co-founder and CTO of the web-based music-streaming service Grooveshark, has reportedly died of unknown causes.
  • This news comes just months after Grooveshark was shut down following a settlement in legal battles against record industry giants UMG, Sony Music Entertainment, and Warner Music Group.
  • The cause of death is currently unknown; Gainesville Police confirm that there is no evidence of foul play or suicide. Greenberg’s mother told the Gainsville Sun that Josh had no known health problems, and that he was “excited about new potential things.”

 

 

 

 

 

Shay
[email protected]

Shay is the People Operations Manager at Lucid Agency. She primarily writes about company culture and Lucid's initiatives in the community. When not in the office, you can find her rooting for her alma mater, Arizona State University, practicing yoga, and playing fetch with her mini goldendoodle, Tilly.

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