What’s new in tech
Atlanta emerges from cyberattack
Atlanta is still recovering from “one of the most sustained and consequential cyberattacks ever mounted against a major American city,” said Alan Blinder and Nicole Perlroth in The New York Times. For five days last month, the city’s municipal government was “brought to its knees” by a ransomware attack. Security experts linked the attack to “a shadowy hacking crew” known for selecting targets “that are the most likely to accede to its high ransom demands”; the group is believed to have demanded roughly $51,000. That attack “left parts of the city’s network tied in knots”: Residents could not pay their traffic tickets or water bills online, the municipal court couldn’t validate warrants, and police officers had to write reports by hand. Atlanta city officials have “disclosed few details about the episode,” including whether the city paid the ransom.
More layoffs at Snap
Snap is handing out another 100 pink slips, said Sarah Frier in Bloomberg.com. Having already pruned its engineering and content departments earlier this year, the California-based parent company of the social media platform Snapchat is now laying off 100 members of its advertising department. Snap says “the rolling cuts” are in response to an ill-advised hiring spree last year, when Snap was focused on trying to grab some of the ad market from rivals Google and Facebook. The company has in recent months lost key executives and released a widely panned redesign. After Snap’s IPO last year, it reported three straight quarters of “disappointing revenue growth” before beating growth expectations in February.
Tesla’s mounting troubles
Tesla announced last week that it will recall “almost half of all the vehicles the company has so far produced,” said Paul Eisenstein in NBCNews.com. The electric vehicle maker said 123,000 of its Model S sedans would be recalled because of an issue with corroding bolts that could lead to the loss of power steering—the third time that the Model S has been recalled since it came to market. California-based Tesla said the problem was likely only limited to cars in “very cold climates” where road salts are commonly used. But the announcement still comes “at a particularly inopportune time” for the automaker, which has been plagued by production problems with the mass-market Model 3 and a fatal crash of a Tesla in Autopilot mode that is now being probed by federal regulators.