meta_pixel
Tapesearch Logo
Log in
WSJ Tech News Briefing

TNB Tech Minute: U.S. Bans Sales by Russian Software Firm

WSJ Tech News Briefing

The Wall Street Journal

News, Tech News

4.61.6K Ratings

🗓️ 20 June 2024

⏱️ 2 minutes

🧾️ Download transcript

Summary

Plus, car dealers face a second straight day of turmoil as hackers strike crucial business software. And Elon Musk confirms Dell Technologies and Super Micro Computer as suppliers for xAI. Zoe Thomas hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

O. C.I. is the single platform for your infrastructure, database, application development, and

0:05.3

AI needs. Do more and spend less like Uber, 8 by 8, and Databrics Mosaic.

0:11.4

Take a free test drive of OCI at oracle.com

0:14.4

slash Wall Street.

0:17.0

Here's your TMB Tech Minute for Thursday June 20th. I'm Zoe Thomas for

0:22.2

the Wall Street Journal. The Biden administration

0:25.4

says it will ban sales of software built by Russian antivirus vendor Kaspersky Lab

0:30.6

in the US. The White House is acting on long-standing concerns that the software firm poses a significant

0:37.1

national security threat.

0:39.1

The administration is also adding Kaspersky Lab to a list that limits U.S. suppliers from doing business with the company.

0:46.1

Kaspersky Lab didn't immediately respond to a request for comment.

0:50.5

Thousands of car dealers around the U.S US have lost access to software that helps underpin their day-to-day operations for the second day in a row.

0:59.0

CDK Global provides software to nearly 15,000 auto dealers to manage their

1:04.8

sales, payroll, and general office operations according to the company's

1:08.7

website. The company said down most of its

1:14.0

dealers yesterday.

1:15.0

A spokesman said the company shut down most of its systems

1:18.0

while it assesses the situation.

1:20.0

CDK didn't have an estimated time frame for a resolution.

1:25.0

And shares of Dell Technologies and Super Micro Computer got a short-lived boost this morning.

1:31.0

It came after Elon Musk confirmed on X that the two companies will be

1:34.8

supplying racks for the supercomputer that his X AI startup is building.

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from The Wall Street Journal, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of The Wall Street Journal and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2025.