Microsoft is acquiring game developer Activision Blizzard for $68.7 billion in cash, in a deal that will bolster the software giant's ambitions in the metaverse and fortify its Xbox ecosystem. "Upon close, we will offer as many Activision Blizzard games as we can within Xbox Game Pass and PC Game Pass, both new titles and games from Activision Blizzard's incredible catalog," said Phil Spencer, Microsoft's CEO of gaming.
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Hybrid workplaces are likely to be the future for most industries, and many businesses are turning to artificial intelligence to solve issues of security, workflow management and collaboration. Alex Smith, who leads global product management at iManage, notes that a cloud-based central database is an essential first step.
Airlines in Europe, Asia and the Middle East have canceled flights to the US as safety concerns regarding the rollout of 5G internet are sorted out. Verizon and AT&T have agreed to postpone implementing the technology close to major airports, and the Federal Aviation Administration is revising its guidance to minimize disruptions.
Cybersecurity requirements are increasing private equity firms' compliance workloads. Jennifer Boyce, chief compliance officer at midmarket investor Riverside, noted that she's concerned a contractor breach could cause problems at her company even after it rigorously vetted the contractor's cybersecurity.
CrowdStrike Executive Health Care Strategist Drex DeFord says the key to cybersecurity is understanding what an attack looks like and how cybercriminals gain access, elevate credentials and move laterally through a network, and IT teams need tools and tactics to shut down a cyberattack in less than an hour. CDW Healthcare Chief Technology Officer Tom Stafford says IT professionals should follow security threats, build deterrent chains and familiarize themselves with devices on their network, and they should keep senior executives and boards in the loop.
Although Walmart has made strides in its effort to bolster diversity, equity and inclusion, the retailer is still focused on further improvements, US President and CEO John Furner said during his keynote address at the National Retail Federation's Big Show. Furner said more than half of the retailer's new hires are people of color and 44% of those promoted to management are women and 39% are people of color, but he added, "We're going to hold ourselves accountable to making real progress."
The White House Software Security Summit gathered federal agencies, major software firms and the open-source software community in an effort to improve the security of open-source software. Discussion centered on how to continue the momentum for open source efforts in the face of threats like the recent Apache Log4j vulnerability.