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Honeywell

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Auth bypass in Honeywell CCTV risks unauthorized feeds and account takeover
security7 days ago

Auth bypass in Honeywell CCTV risks unauthorized feeds and account takeover

CISA warns of a critical vulnerability (CVE-2026-1670) in multiple Honeywell CCTV models that allows an unauthenticated attacker to change the recovery email on a device account, enabling account takeover and unauthorized access to camera feeds; as of Feb 17 there were no known public exploits; mitigations include limiting network exposure, isolating devices behind firewalls, and using secure VPN remote access; Honeywell has not issued a public advisory and users should contact support for patch guidance.

via BleepingComputer|
#authentication-bypass#cctv#cisa
Victims' Families Sue Boeing and Honeywell Over Air India Crash
world5 months ago

Victims' Families Sue Boeing and Honeywell Over Air India Crash

Families of victims from the June 2025 Air India crash have sued Boeing and Honeywell, alleging faulty fuel cutoff switches contributed to the accident, despite FAA reports suggesting otherwise. The lawsuit, filed in Delaware, seeks damages for the deaths of 260 people, and highlights concerns over maintenance and safety protocols, with experts debating the switches' role in the crash.

via Reuters|
#air-india-crash#boeing#fuel-switches
Air India Crash Victims Sue Boeing and Honeywell
world5 months ago

Air India Crash Victims Sue Boeing and Honeywell

Families of victims from the June Air India Flight 171 crash sued Boeing and Honeywell, alleging negligence over a faulty fuel cutoff switch that contributed to the crash, which killed 260 people. The lawsuit claims the switch's design and known risks were ignored, leading to the tragedy. Both companies have not commented, and the case is the first U.S. lawsuit related to the crash.

via CNBC|
#air-india-crash#boeing#fuel-cutoff-switch
Honeywell Explores Strategic Options Amid Business Restructuring
business7 months ago

Honeywell Explores Strategic Options Amid Business Restructuring

Honeywell's stock rose as the company announced it is exploring strategic options for its Productivity Solutions and Services (PSS) and Warehouse and Workflow Solutions (WWS) businesses, which may involve selling these units. This move is part of a broader plan to split into three separate companies focused on automation, aerospace, and advanced materials, with the goal of simplifying operations and increasing value. The automation segment, which includes PSS and WWS, is being emphasized as a core growth area, and the company expects to complete the spin-off of its materials business by year-end and the separation of automation and aerospace by 2026. Investors seem optimistic about the potential value creation from this breakup.

via Barron's|
#automation#breakup-plan#business
business1 year ago

Community Coffee, Delta Utilities, and Honeywell: Key Updates

Community Coffee launched a new campaign called "Generations" to connect with younger consumers while honoring its history. The Louisiana Public Service Commission approved the sale of CenterPoint Energy's natural gas assets to Delta Utilities, expected to close in March 2025. Honeywell agreed to sell its personal-protective-equipment business to Protective Industrial Products for $1.33 billion, with the deal closing in the first half of next year.

via Greater Baton Rouge Business Report|
#brand-campaigns#business#business-transactions
Elliott Management Seeks Honeywell Breakup with $5B Stake
business1 year ago

Elliott Management Seeks Honeywell Breakup with $5B Stake

Elliott Management has acquired a $5 billion stake in Honeywell International, advocating for the industrial conglomerate to split into two separate businesses: its aerospace division and its automation division. This move aligns with Elliott's strategy of making concentrated investments, as seen with its stakes in Texas Instruments and Southwest Airlines. Honeywell's management is open to engaging with Elliott, as the company has already been simplifying its portfolio under CEO Vimal Kapur. The proposed breakup follows a trend among industrial conglomerates like GE and 3M, which have spun off divisions to enhance focus and valuation.

via Financial Times|
#activist-investor#aerospace-division#business
Elliott Management Pushes for Honeywell Split with $5B Stake
business1 year ago

Elliott Management Pushes for Honeywell Split with $5B Stake

Activist investor Elliott Management has acquired a $5 billion stake in Honeywell and is advocating for the industrial conglomerate to split into two separate companies, focusing on its Aerospace and Automation divisions. Elliott argues that this breakup could increase Honeywell's value by up to 75% over two years, citing underperformance and a complex corporate structure as reasons for the move. This push aligns with a broader trend of dismantling conglomerates, as seen with companies like General Electric. Honeywell has acknowledged Elliott's perspective and is open to discussions.

via CNBC|
#activist-investor#business#conglomerate-breakup
"Microsoft's Quantum Computing Breakthrough: Achieving Unprecedented Reliability with Quantum Error Correction"
technology1 year ago

"Microsoft's Quantum Computing Breakthrough: Achieving Unprecedented Reliability with Quantum Error Correction"

Quantum computing startup Quantinuum, in partnership with Microsoft, has achieved a significant milestone in quantum error correction, a crucial advancement in the field of quantum computing. This emerging technology utilizes subatomic processes and exotic technologies to perform complex calculations at an accelerated pace. With Honeywell as the majority shareholder, Quantinuum's use of "trapped-ion" quantum computing technology sets it apart in the industry. As quantum computing gains traction, major players like Microsoft and public companies such as D-Wave, Rigetti, IonQ, and Quantum Computing are making strides in this space, with cloud computing giants like Amazon Web Services offering access to quantum computing technologies for pilot projects.

via Investor's Business Daily|
#honeywell#microsoft#quantum-computing