Technology

AUTOCANADA PROVIDES UPDATE ON CDK CYBER SECURITY INCIDENT

Published

2 years ago

June 25, 2024

EDMONTON, AB, June 24, 2024 /CNW/ – On June 19, 2024, CDK Global (“CDK”), a third-party provider of information systems used by AutoCanada Inc. (“AutoCanada” or the “Company”) (TSX: ACQ), announced that it was experiencing a cyber incident and had shut down a majority of its systems, including systems necessary to support our dealer management system (“DMS”). Our DMS supports our dealership operations, including our sales, service, inventory, and accounting functions.

AutoCanada immediately took precautionary measures to protect our systems and is reviewing the potential impact of the incident, which efforts remain ongoing. We have not identified any compromise or unauthorized access to our systems. This incident has had, and is likely to continue to have, a negative impact on the Company’s business operations until the relevant systems are fully restored. Our dealerships remain open, and we are continuing to sell and service vehicles, and otherwise serve our customers, through manual and alternative processes.

As the incident is ongoing, the full scope, nature and impact of the incident, including the extent to which the threat actor may have accessed any customer or vendor data maintained by CDK through the DMS, are not yet known. The incident remains ongoing, and as such, AutoCanada has not yet determined the full scope and impact of this event.

About AutoCanada

AutoCanada is a leading North American multi-location automobile dealership group currently operating 84 franchised dealerships, comprised of 28 brands, in eight provinces in Canada as well as a group in Illinois, USA. AutoCanada currently sells Acura, Alfa Romeo, Audi, BMW, Buick, Cadillac, Chevrolet, Chrysler, Dodge, FIAT, Ford, GMC, Honda, Hyundai, Infiniti, Jeep, Kia, Lincoln, Mazda, Mercedes-Benz, MINI, Nissan, Porsche, Ram, Subaru, Toyota, Volkswagen, and Volvo branded vehicles. In addition, AutoCanada’s Canadian Operations segment currently operates 3 used vehicle dealerships and 1 used vehicle auction business supporting the Used Digital Retail Division, 13 RightRide division locations, and 11 stand-alone collision centres within our group of 27 collision centres. In 2023, the Company generated revenues in excess of $6 billion and our dealerships sold over 100,000 retail vehicles.

Forward-Looking Statements

Certain statements contained in this press release are forward-looking statements and information (collectively, “forward-looking statements”) within the meaning of the applicable Canadian securities legislation. We hereby provide cautionary statements identifying important factors that could cause our actual results to differ materially from those identified in these forward-looking statements. Any statements that express, or involve discussions as to, expectations, beliefs, plans, objectives, assumptions or future events or performance (often, but not always, through the use of words or phrases such as “will likely result”, “are expected to”, “will continue”, “is anticipated”, “projection”, “vision”, “goals”, “objective”, “target”, “schedules”, “outlook”, “anticipate”, “expect”, “estimate”, “could”, “should”, “plan”, “seek”, “may”, “intend”, “likely”, “will”, “believe” and similar expressions) are not historical facts and are forward looking. In particular, this press release contains forward-looking statements with respect to, among other things, our assessment of the scope and impact of the CDK cyber incident on the Company and our ability to mitigate the impact of the incident on our business and operations.

AutoCanada cautions that the foregoing list of assumptions, risks and uncertainties is not exhaustive and may be impacted by, among other things, ongoing risks arising as a result of the CDK cyber incident and our ability to mitigate and address those risks and impacts. The Company’s Annual Information Form and other documents filed with securities regulatory authorities (accessible through the SEDAR website at www.sedarplus.com) describe the risks, material assumptions and other factors that could influence actual results and which are incorporated herein by reference. The forward-looking statements contained in this press release speak only as of the date hereof and AutoCanada assumes no obligation to publicly update or revise them to reflect new events or circumstances, except as may be required pursuant to applicable securities laws.

Additional Information

Additional information about AutoCanada is available at the Company’s website at www.autocan.ca and www.sedarplus.ca.

SOURCE AutoCanada Inc.

Technology

iSOFT Contributes Intelligent Driving OS as AUTOSAR CAPI Global Code Baseline

Published

22 minutes ago

June 16, 2026

SHANGHAI, June 16, 2026 /PRNewswire/ — At the 17th AUTOSAR Open Conference (AOC) in Shanghai, iSOFT (iSOFT Infrastructure Software Co., Ltd.) contributed its self-developed intelligent driving operating system as the global code baseline for AUTOSAR’s Common Adaptive Platform Implementation (CAPI) – a notable milestone in the evolution of the global smart vehicle industry.

“This is a paradigm shift from ‘standard-first’ to ‘code-first,’ responding to new industrial demands of the intelligent connected era,” said Liu Hongqian, General Manager of iSOFT. “Open source enables collaboration but must meet automotive-grade safety and performance requirements. iSOFT was the first to open-source EasyXMen, and CAPI reinforces our commitment. As the first international code standard baseline from a Chinese enterprise, this is Chinese wisdom going global. CAPI lets global enterprises develop on one codebase, significantly reducing adaptation costs.”

Joachim Langenwalter, AUTOSAR spokesperson, underscored China’s lead: “China is the world’s largest automotive market at 30 million vehicles annually. Other countries are keeping a close eye on Chinese-developed technology. iSOFT leveraged ‘China speed’ to establish CAPI’s foundation, allowing specifications and code to evolve in lockstep with shortened feedback cycles. AUTOSAR transcends geopolitical boundaries; this unified codebase will be used worldwide.”

Patrick Will, Head of SW Product Marketing & Management at Infineon, noted the accelerating transformation: “The open-source shift is accelerating and automotive mindsets are changing. iSOFT and Infineon are aligned in a shared vision: to streamline software development processes. Our DRIVECORE platform integrates iSOFT middleware with Infineon software and hardware layers, enabling customers to kick off their projects swiftly without encountering licensing barriers. ‘China-for-China’ development is increasingly essential, yet global collaboration matters — walls make no sense.”

Yu Peng, XPENG Motors Technical Center GM, explained CAPI’s value: “It delivers three key benefits for OEMs: reduced redundant costs, enhanced supply chain security, and accelerated ecosystem collaboration. CAPI solves the structural tension where foundational software moves too slowly while upper layers iterate in weeks. It provides a ‘common foundation’ for chip vendors, software suppliers, and automakers to co-develop on the same baseline. China’s mass-production practices now feed back into global standards while global standards better serve China.”

With 25 million-plus units deployed across 300-plus vehicle models, iSOFT’s OS brings production-proven middleware to the global stage through CAPI’s open, collaborative framework for the software-defined vehicle era.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/isoft-contributes-intelligent-driving-os-as-autosar-capi-global-code-baseline-302801042.html

SOURCE iSOFT

Technology

METI-Supported Global South-Japan Tech Talent Internship Opens Applications for 2026 Program

Published

22 minutes ago

June 16, 2026

Program connects STEM students from the Global South with leading Japanese companies through on-site and online internships

TOKYO, June 16, 2026 /PRNewswire/ — Applications are now open for the Global South-Japan Tech Talent Internship (GS-JTI), a program sponsored by Japan’s Ministry of Economy, Trade and Industry (METI), with Deloitte Tohmatsu Venture Support Co., Ltd., serving as the Program Secretariat. The program aims to connect talented students and recent graduates from the Global South with Japanese companies in advanced technology fields, creating opportunities for cross-border learning, skills development, and future career growth.

The GS-JTI program is designed for students and recent graduates in STEM fields, including IT, AI, and semiconductors, who are interested in gaining real-world experience with Japanese industry. Through the program, selected participants will have the opportunity to work on meaningful projects, learn from industry mentors, and experience Japanese workplace culture.

In addition to practical work experience, the program offers various forms of participant support. These may include travel and accommodation support, visa application assistance, and 24/7 support during the internship period, in accordance with program conditions.

The program offers both on-site internships in Japan and online internship opportunities. On-site internships are scheduled for approximately 1.5 months between September 2026 and February 2027, while online internships are scheduled for approximately one month during the same period, subject to host company conditions.

Applicants must satisfy the program’s eligibility requirements. Eligible candidates include individuals who:

are majoring in STEM-related fields, including IT, AI, and semiconductors.are currently enrolled at a university or have graduated within the last three years.possess working proficiency in English.are citizens of countries listed on the OECD DAC List (excluding the People’s Republic of China); andreside outside Japan at the time of application.

Past program feedback indicates strong participant interest in future engagement with Japanese employers. According to program materials, 94% of previous interns expressed interest in working for Japanese companies after completing the internship.

The GS-JTI program seeks to contribute to skills development, cross-cultural exchange, and longer-term collaboration between Japan and future technology professionals from the Global South.

For additional information about the program, please visit:
** https://gs-jti.go.jp/foreign-talent/**

To register and apply, please visit:
** https://hub.techjapan.work/register**

Contact
Global South – Japan Tech Talent Internship (GS-JTI) Program Secretariat
(Contractor: Deloitte Tohmatsu Venture Support Co., Ltd.)
Email address: gs_hr_exchange_support@tohmatsu.co.jp

View original content:https://www.prnewswire.com/apac/news-releases/meti-supported-global-south-japan-tech-talent-internship-opens-applications-for-2026-program-302797841.html

SOURCE DELOITTE TOHMATSU VENTURE SUPPORT CO., LTD.

Technology

U.S. News Unveils 2026-2027 Best Global Universities Rankings

Published

22 minutes ago

June 16, 2026

Universities in more than 100 countries are evaluated in the newest edition.

WASHINGTON, June 16, 2026 /PRNewswire/ — U.S. News & World Report, the global authority in education rankings and consumer advice, today published the 2026-2027 Best Global Universities rankings, which evaluate more than 2,250 schools on academic research and reputation.

The latest edition includes universities from more than 100 countries. The following countries have the most schools in the overall rankings:

China: 409United States: 275India: 123United Kingdom: 93Japan: 86

“For students seeking universities with strong academic excellence and global recognition, the Best Global Universities rankings offer an essential comparative resource,” said LaMont Jones, Ed.D., managing editor for Education at U.S. News. “Our methodology focuses on a school’s research mission and scholarly impact, helping students identify institutions that are truly at the forefront of global knowledge creation.”

Of the 51 subject rankings, four will have more schools ranked this year, including: water resources; chemical engineering; energy and fuels; and clinical medicine.

Powered by data and metrics from the Web of Science Core Collection and InCites Benchmarking & Analytics provided by Clarivate, a leading global provider of transformative intelligence, the Best Global Universities methodology weighs factors that measure a university’s global and regional research reputation and academic research performance.

For the overall ranking, this includes bibliometric indicators such as publications, citations and international collaboration. Each of the 51 subject rankings has its own weighting based on academic research performance in that specific area.

2026-2027 U.S. News & World Report Best Global Universities
*See the full rankings here.

Overall Best Global Universities – Top 10

Harvard UniversityMassachusetts Institute of Technology (MIT)Stanford UniversityUniversity of OxfordUniversity of CambridgeTsinghua UniversityUniversity of California BerkeleyYale UniversityUniversity College LondonColumbia University

Africa – Top 3

University of Cape Town (South Africa)Cairo University (Egypt)University of Witwatersrand (South Africa)

Asia – Top 3

Tsinghua University (China)National University of Singapore (Singapore)Peking University (China)

Australia/New Zealand – Top 3

University of Melbourne (Australia)University of Sydney (Australia)University of New South Wales Sydney (Australia)

Europe – Top 3

University of Oxford (United Kingdom)University of Cambridge (United Kingdom)University College London (United Kingdom)

Latin America – Top 3

Universidade de Sao Paulo (Brazil)Pontificia Universidad Catolica de Chile (Chile)University of Buenos Aires (Argentina)

The Best Global Universities rankings serve the broader U.S. News mission of providing trusted information and rankings – such as Best High Schools, Best Colleges and Best Online Programs – to empower all students in making informed choices about their education.

For more information on the Best Global Universities, visit X, TikTok, Facebook and Instagram using #BestGlobal.

About U.S. News & World Report

U.S. News & World Report is the global leader for journalism that empowers consumers, citizens, business leaders and policy officials to make confident decisions in all aspects of their lives and communities. A multifaceted media company, U.S. News provides unbiased rankings, independent reporting and analysis, and consumer advice to millions of people on USNews.com each month. A pillar in Washington for more than 90 years, U.S. News is the trusted home for in-depth and exclusive insights on education, health, politics, the economy, insurance, personal finance, travel, automobiles, real estate, careers and consumer products and services.

About Clarivate

Clarivate is a leading global provider of transformative intelligence. We offer enriched data, insights & analytics, workflow solutions and expert services in the areas of Academia & Government, Intellectual Property and Life Sciences & Healthcare. For more information, please visit www.clarivate.com.

View original content to download multimedia:https://www.prnewswire.com/news-releases/us-news-unveils-2026-2027-best-global-universities-rankings-302800745.html

SOURCE U.S. News & World Report, L.P.