FCC may kill B program that connects schools and libraries to Internet

FCC may kill $2B program that connects schools and libraries to Internet

The Federal Communications Commission was roundly criticized today for proposing to scale back or eliminate E-Rate, a $2 billion-a-year Universal Service program that provides discounts for telecom services and equipment in schools and libraries. FCC Chairman Brendan Carr said E-Rate should be changed because students are getting too much screen time. He led a 2-1…

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FTC gives Musk the OK to acquire SpaceX alumni startup Mesh

FTC gives Musk the OK to acquire SpaceX alumni startup Mesh

Elon Musk is eyeing an acquisition of Mesh Optical Technologies, a startup founded by three former SpaceX engineers last year developing hardware for fast data center communications. The potential acquisition, which was revealed in a Federal Trade Commission filing and first reported by Bloomberg, confirmed the agency expedited its antitrust review. Mesh Optical came out…

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PeopleSoft 0-day affecting hundreds of organizations steals gigabytes of data

PeopleSoft 0-day affecting hundreds of organizations steals gigabytes of data

“While several organizations successfully blocked the activity or remediated the vulnerabilities, others experienced compromise, resulting in stolen data being published on the ShinyHunters DLS,” Mandiant said. (DLS is short for data leak site.) An analysis of a bash script left in the staging environment shows the attackers performed reconnaissance on compromised organizations, including mapping the…

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