Techstrong News Recap – December 15, 2022

Hi again, everyone here the headlines for September 15th. First up the US Energy Department announced a major scientific breakthrough infusion technology. The department said that researchers at the Lawrence Livermore National Laboratory in California produced more energy in Ephesian reaction than energy that was needed to ignite the reaction for the first time in history official stated that this achievement net energy gain will pave the way for clean energy and National Defense.

Billions of dollars have been put into a fusion Tech research and Technology to reach this moment with net energy gain being such a difficult goal to achieve because of the high temperatures and pressures needed. While producing Fusion energy to power cities is still years away. This is a huge step forward in that direction.

Next the US is charged Sam Bateman freed founder of FTX with several Financial crimes that the sieve customers and investors. The indictment notes a scheme to defraud FTX customers in investors using the money for his crypto hedge fund and to make large real estate purchases. All the charges listed against bank and free to could land them in prison for up to 115 years.

This comes as Bateman freed with arrested at the request of the US government in this past Monday with the US expected to request for his extradition as well soon. In other news China is working on a 143 billion dollar support package for its semiconductor industry. The plan will roll out over the course of five years and will focus mainly on subsidies and tax credits meant to increase semiconductor production and research in China.

This marks some more direct approach. China is taking to build out it semiconductor industry as demand for chip skyrockets. This package will take China step forward in self-sufficiency in chipmaking as several us laws and regulations have been created to slow down China semiconductor industry.

The plan could be rolled out as early as the first quarter of next year. Next up Volkswagen in NL the Italian distributor of electricity and gas and that's the formation of a joint venture to build 3,000 high-speed charging points across Italy. In addition, they will be investing a hundred million euros each with this partnership Volkswagen.

Its other partners have installed 16,000 fast charging stations globally with plants for 45,000 by the end of 2025. 4 million charging points by 2030. On Security Boulevard, we've an article looking at a survey revealing the limits of ciso's management experience.

From a survey of over 470 cisos nearly half so that they have been in the role for only two years or less in the turn of a rates are approximately 18% to learn more about the results of the survey go to Security Boulevard calm. com. We have an article looking at a study showing a massive number of transitive dependencies being traced to open source code.

After analyzing over 2,000 software packages the study found that 95% of the vulnerabilities can be traced back to a transitive dependency from open source. Additionally, the study concluded that there's a 32% chance that those softwares could have still have those vulnerabilities even after it is upgraded. com finally on container Journal we have an article on how failure can be the secret to Modern software success.

The advantages gained from learning from a failure outweigh the cost of the failure, especially with a constantly reducing cycle times in modern cloud-based release processes. Companies that use a failure is acceptable mindset will be much more competitive in the long run. com.

And that's today's texturing news recap.