TNB Tech Minute: U.S. Agency Warns Employees Amid China Hack
WSJ Tech News BriefingNovember 07, 202400:02:58

TNB Tech Minute: U.S. Agency Warns Employees Amid China Hack

Plus, U.S. Cellular to sell a portion of its spectrum licenses to AT&T in a billion dollar deal. And Rivian says it’s on track to report its first ever gross profit by year’s end. Cordilia James hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Plus, U.S. Cellular to sell a portion of its spectrum licenses to AT&T in a billion dollar deal. And Rivian says it’s on track to report its first ever gross profit by year’s end. Cordilia James hosts.

Learn more about your ad choices. Visit megaphone.fm/adchoices

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[00:00:06] Aber bei Zendesk sorgen wir für eine bessere Customer Experience. Besser für die Großmutter, besser für die Floristin, besser für den jungen Mann in Hausnummer 3a, besser für sie, besser für alle.

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[00:00:32] TNB Tech Minute für Thursday, November 7th.

[00:00:34] Ich bin Cordelia James für The Wall Street Journal.

[00:00:37] Wir sind nur auf die Fälle, dass eine Fälle, die Unternehmen zu reduzieren, ihre Phones für die Arbeit, um die Arbeit zu reduzieren, um die Unternehmen zu reduzieren, um die Unternehmen zu reduzieren, um die Unternehmen zu reduzieren, um die Unternehmen zu reduzieren, um die Unternehmen zu reduzieren, um die Unternehmen zu reduzieren.

[00:00:47] Das ist, according zu Menschen mit den Unternehmen zu beherren.

[00:00:50] Die Chief Information Officer, der Consumer Financial Protection Bureau, wurde in einem e-mail

[00:00:55] sent to staff, that internal and external work-related meetings and conversations that involve non-public data, should only be held on platforms like Microsoft Teams and Cisco WebEx.

[00:01:06] The CIO said that while there wasn't evidence of the federal agency being targeted, compliance is needed to reduce the risk of being compromised.

[00:01:14] The Cybersecurity and Infrastructure Security Agency didn't respond to a request for comment.

[00:01:20] Electric vehicle startup Rivian says a parts shortage in the third quarter hampered factory production, but that it's still on track to report its first-ever gross profit by the year's end.

[00:01:30] Rivian said in a letter to shareholders that it was working with a supplier to resolve the shortage and added that higher selling prices and lower manufacturing costs helped to offset a slowdown in vehicle deliveries.

[00:01:42] The startup has long promised that it could achieve a gross profit in the fourth quarter of this year, despite previously losing tens of thousands of dollars on every vehicle it sold.

[00:01:51] Rivian reported revenue declined to $874 million, missing Wall Street's expectations.

[00:01:57] The company burned through $1.2 billion of its cash reserves during the quarter, double the fact-set estimate.

[00:02:05] And Chicago-based U.S. Cellular has agreed to sell a portion of its retained spectrum licenses to AT&T for about $1 billion in cash.

[00:02:13] The transaction is contingent on an earlier deal with T-Mobile.

[00:02:17] T-Mobile U.S. agreed to buy much of U.S. Cellular's operations in a roughly $4.4 billion deal in May.

[00:02:24] The agreement, which includes up to $2 billion of assumed debt, would give T-Mobile more than 4 million new customers and valuable spectrum rights to carry more of their data over the air.

[00:02:34] The company said they expect the deal to close in mid-2025.

[00:02:38] For a deeper dive into what's happening in tech, check out Friday's Tech News Briefing podcast.

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