Data Breach at Fidelity: Over 77,000 Customers Affected
This week in the tech world has been eventful, marked by significant announcements from Tesla, troubling news regarding data security, and leadership transitions at Babbel.
Tesla's Cybercab and Robovan Reveals
In a highly anticipated unveiling during Tesla’s We, Robot event, Elon Musk introduced the company’s new Cybercab robotaxi. This futuristic vehicle, resembling a smaller and sleeker version of the Cybertruck, is designed as a two-seater and is priced to be accessible, with a target cost of less than $30,000. This innovation aims to revolutionize urban transportation, enhancing accessibility while maintaining Tesla's commitment to sustainability.
Additionally, Musk surprised attendees with the prototype of Tesla's Robovan, an electric, autonomous vehicle the data-size of a bus. Designed for high-density areas, the Robovan is set to serve as a solution for transporting larger groups of people, further showcasing Tesla’s ambition in the autonomous transport sector.
Data Breach at Fidelity Investments
In a concerning development for consumers, Fidelity Investments reported a significant data breach that compromised the personal information of over 77,000 customers. The breach, which occurred in August, exposed sensitive information, including Social Security numbers and driver’s licenses. According to a filing with Maine’s attorney general, the breach happened when an unnamed third party accessed the information through two newly established customer accounts. Fidelity is working to address the issue and mitigate potential risks for affected individuals.
Leadership Changes at Babbel
In a notable shift in leadership, Babbel’s CEO, Arne Schepker, has announced his resignation. Markus Witte, the co-founder and former CEO, will return to guide the company as it enters a new phase, focusing on incorporating artificial intelligence into its language-learning platform. Witte's return marks a significant transition for Babbel as it aims to innovate and adapt in an increasingly competitive market.
As the week concludes, these stories highlight the ongoing evolution in technology, from transportation innovations and data security challenges to the dynamic leadership changes in prominent companies. As we look ahead, it will be interesting to see how these developments unfold and shape the future of their respective industries.