MarketWatch (February 4)
“Software ate the world. Now, Wall Street is worried AI will eat software. The selloff of business software continues on Wednesday as investors keep selling shares of companies that look like they could be on the menu.”
Bloomberg (January 18)
“The new year was supposed to bring opportunities for beaten-down software stocks. Instead, the group is off to its worst start in years.” Amid fears that AI will undercut the benefits of software, “valuations for software companies keep getting cheaper. The Morgan Stanley basket is priced at 18 times earnings projected over the next 12 months, its cheapest on record, and well below an average of more than 55 times over the past decade.”
Tags: AI, Beaten-down, Benefits, Cheaper, Fears, Morgan Stanley, Opportunities, Software, Software stocks, Undercut, Valuations, Worst start
BBC (October 11)
“Asahi, the maker of Japan’s best-selling beer, was forced to halt production at most of its 30 factories in the country at the end of last month after being hit by a cyber-attack.” The brewer’s facilities in Japan have partially reopened although “its computer systems are still down.” The attack marked “the latest in a series of cyber-attacks… that have hit major firms around the world.” Recent Japanese victims include a container terminal in Nagoya and Japan Airlines. The nation may be particularly vulnerable. “While Japan’s image around the world may be of a technologically advanced nation, some experts have warned it does not have enough cybersecurity professionals and has low rates of digital literacy when it comes to business software.”
Tags: 30 factories, Asahi, Beer, Computer systems, Container terminal, Cyber-attack, Digital literacy, JAL, Japan, Nagoya, Production, Professionals, Reopened, Software, Vulnerable
Jalopnik (January 15)
“American automakers have long feared Chinese competition, worrying that cheaper cars built just as well would knock the floor out of a profitable industry. Now, regulators have found a way to protect American brands by outright banning Chinese cars — or automotive hardware or software — used for communications or autonomous driving.”
Tags: Automakers, Autonomous driving, Banning, Brands, Cars, Cheaper, China, Communications, Competition, Hardware, Profitable, Protect, Regulators, Software, U.S.
Bloomberg (October 2)
For an entire trading day, a “piece of hardware took down Japan’s $6-trillion stock market,” marking the longest shutdown “since the exchange switched to a fully electronic trading system in 1999.” Besides drawing criticism, the malfunction “shone a spotlight on a lesser-discussed vulnerability in the world’s financial plumbing — not software or security risks but the danger when one of hundreds of pieces of hardware that make up a trading system decides to give up the ghost.”
Tags: Danger, Financial plumbing, Hardware, Japan, Malfunction, Security risks, Shutdown, Software, Stock market, Trading, TSE, Vulnerability
Website Magazine (September 14)
“By and large, the Web is now a gigantic global software platform. And by extension, modern Web design is no longer Web design; it’s product design.”
Tags: Global, Internet, Platform, Product design, Software, Web design
The Economist (March 12)
“Now after five decades, the end of Moore’s law is in sight.” This might not prove a bad thing as the quest for improvement will turn to more promising areas, such as the “deep learning” technology that recently beat Go legend Lee Sedol. “Huge performance gains can be achieved through new algorithms. Indeed, slowing progress in hardware will provide stronger incentives to develop cleverer software.”
Tags: Algorithms, Deep learning, Gains, Go, Hardware, Improvement, Moore’s Law, Performance, Progress, Promising, Software, Technology
Chicago Tribune (October 5)
“Computer software now governs virtually every aspect of our lives, from cars to kitchen appliances…. But computer software can deceive us, and this was the disturbing message from the recent Volkswagen scandal, where the German carmaker fitted millions of cars with software that could outsmart emission-control testing.” This new era demands “a code of ethics, a Hippocratic oath, for our computer engineers and the software they create.”
Tags: Appliances, Cars, Computer engineers, Emissions, Ethics, Scandal, Software, Volkswagen
New York Times (August 9)
“It’s important that regulators develop security rules for cars, which are becoming computers on wheels.” In the U.S., the National Highway Traffic Safety Administration should “start writing basic security standards that require automakers to test the software and make sure a car’s wireless system cannot be used to control the engine and brakes. The agency’s regulations on airbags, seatbelts and crash testing have helped save countless lives. New rules for software that operate cars could prove just as important.”
Tags: Airbags, Automakers, Cars, NHTSA, Regulators, Seatbelts, Security, Software, U.S., Wireless
Los Angeles Times (April 13)
“The upside of the Heartbleed bug is that it reminds the world of the need not just for coders to plug the security holes in their software but for websites and services to stay on top of the changes.”
Tags: Bug, Coders, Heartbleed, Security holes, Services, Software, Upside, Websites
