Author: IBL News

  • Instructure, the Owner of Canvas LMS, Acknowledged It Lost 3.6 Terabytes of Critical Data After a Cyberattack

    Instructure, the Owner of Canvas LMS, Acknowledged It Lost 3.6 Terabytes of Critical Data After a Cyberattack

    IBL News | New York

    Instructure, the educational technology company behind the leading LMS, Canvas (used by 41% of higher education institutions across North America), acknowledged a security breach after the infamous ShinyHunters extortion group accessed the system and stole 3.65 terabytes of data, including personal information such as names, email addresses, and student ID numbers.

    Nearly 9,000 schools worldwide (including a mix of higher education and K–12 institutions) and information of 275 million people, including students, teachers and staff, were compromised.

    The hackers added the data to their Tor-based leak site. The cyberattack, which took place on April 30, was executed by “a disruption to tools relying on API keys.” Instructure disclosed the data breach on May 3, when access to the Canvas Data 2 platform was restored.

    “We are working quickly to understand the extent of the incident and actively taking steps to minimize its impact,” the Salt Lake City-based company admitted.

    However, “at this time, we have found no evidence that passwords, dates of birth, government identifiers, or financial information were involved,” the company said.

    The ShinyHunters criminal group also claimed that Instructure’s Salesforce instance was compromised.

    The hackers, who have also attacked individual universities, demanded that the ed-tech giant pay up or face a data leak.

    ShinyHunters wrote in a ransom letter published May 3 by the website Ransomware.live, “to reach out by 6 May 2026 before we leak along with several annoying [digital] problems that’ll come your way,” warning the company to “make the right decision” to avoid becoming “the next headline.”

    Instructure did not respond to medias’ requests for comment on the ransom and other specific questions about the attack.

  • Arm Warns of Phone Market Weakness | Bloomberg Tech 5/7/2026

    Arm Warns of Phone Market Weakness | Bloomberg Tech 5/7/2026


    Arm Warns of Phone Market Weakness | Bloomberg Tech 5/7/2026

    Source: Youtube

  • WHO expert says that Hantavirus is ‘not the next Covid’

    WHO expert says that Hantavirus is ‘not the next Covid’


    WHO expert says that Hantavirus is 'not the next Covid'

    Source: Youtube

  • Google’s Got Glasses Coming: What We Expect From Google IO

    Google’s Got Glasses Coming: What We Expect From Google IO


    Google’s Got Glasses Coming: What We Expect From Google IO

    Source: Youtube

  • Doctor onboard Hantavirus-hit cruise describes what he’s seeing

    Doctor onboard Hantavirus-hit cruise describes what he’s seeing


    Doctor onboard Hantavirus-hit cruise describes what he's seeing

    Source: Youtube

  • Apple to Let Users Choose Rival AI Models Across Its iOS 27 Features

    Apple to Let Users Choose Rival AI Models Across Its iOS 27 Features


    Apple to Let Users Choose Rival AI Models Across Its iOS 27 Features

    Source: Youtube

  • Hantavirus outbreak latest as suspected cases rise & other trending stories  | Searched

    Hantavirus outbreak latest as suspected cases rise & other trending stories | Searched


    Hantavirus outbreak latest as suspected cases rise & other trending stories | Searched

    Source: Youtube

  • Everything we know about the hantavirus outbreak

    Everything we know about the hantavirus outbreak


    Everything we know about the hantavirus outbreak

    Source: Youtube

  • American cruise passengers return to U.S. as deadly virus outbreak sparks quarantine concerns

    American cruise passengers return to U.S. as deadly virus outbreak sparks quarantine concerns


    American cruise passengers return to U.S. as deadly virus outbreak sparks quarantine concerns

    Source: Youtube

  • Microsoft, Meta, Oracle Continue Scaling Back Their Workforces In The Age of AI

    Microsoft, Meta, Oracle Continue Scaling Back Their Workforces In The Age of AI

    IBL News | New York

    Microsoft and Meta Platforms are the latest major tech companies scaling back their workforces, dressing up layoffs as smart moves for the age of AI.

    Layoffs affecting 45,800 tech employees were announced in March, the worst month for reported tech-job reductions in at least two years, according to the tracking site Layoffs.

    • Meta will cut about 8,000 people from its workforce. Microsoft will trim its headcount with a “voluntary retirement program” available to about 7% of its U.S. employees.
    • Oracle initiated major cuts in the past few weeks
    • The financial-tech company Block, parent of Square and Cash App, announced a plan to cut 40% of its workforce, which amounts to more than 4,000 employees.

    Layoffs are leading to a growing public perception that AI is a job killer. That might fuel a backlash that is already constraining AI, as more communities fight against the construction of massive data centers.

    The median annual revenue per employee among tech companies on the S&P 500 is about $669,000, which is 14% higher than the median for the entire index, according to data compiled by S&P Global Market Intelligence.

    The tech companies on the index with market capitalizations above $1 trillion average a little over $2 million in annual revenue per employee.