tech:

taffy

DHS awards Factom $192k for blockchain tech

The Department of Homeland Security (DHS) Science and Technology Directorate (S&T) has awarded $192,380 to Factom, a start-up based in Austin, Texas, to begin beta testing of a capability that uses blockchain technology to secure Internet of Things (IoT) data. This award is part of the fourth and final phase of S&T’s Silicon Valley Innovation Program (SVIP).

Factom’s project combines blockchain technology with critical infrastructure—such as sensors and cameras—to protect the integrity and authenticity of data collected by these devices. The capabilities developed by this project integrate with existing IoT devices and does not require the creation of blockchain-specific technology, according to a statement by the DHS.

The final phase of the SVIP project will see Factom testing its capability in an outside environment with limited internet connectivity and in varied weather conditions to mimic the conditions under which U.S. Border Patrol agents operate.

[Image courtesy: Factom]

Just in

Amazon announces $1.31B investment in France

Amazon has announced a new investment of about $1.31 billion (€1.2 billion) in France, which the company says will lead to the creation of over 3,000 permanent jobs in the country.

Amazon Web Services CEO Adam Selipsky to step down — CNBC

Adam Selipsky, CEO of Amazon’s cloud computing business, will step down from his role next month. Matt Garman, senior vice president of sales and marketing at Amazon Web Services, will succeed Mr. Selipsky after he exits the company June 3, writes Annie Palmer. 

Palo Alto Networks, Accenture expand alliance to offer generative AI services

Palo Alto Networks and Accenture have announced the expansion of their strategic alliance to provide new offerings that combine Palo Alto Networks' Precision AI technology with Accenture's secure generative AI services. 

Intel appoints Kevin O’Buckley as SVP and GM of Foundry Services

Intel announced the appointment of Kevin O'Buckley as senior vice president and general manager of Foundry Services, the customer service and ecosystem operations division of Intel Foundry.