Archive for the ‘finance’ category: Page 2

Sep 6, 2023

How FBI remotely deleted QBot malware from 700K computers worldwide

Posted by in categories: biotech/medical, cryptocurrencies, cybercrime/malcode, finance, government, law enforcement

The United States government said today that a multinational law enforcement operation has destroyed Qakbot, also known as QBot, an infamous botnet and malware loader that was responsible for losses that amounted to hundreds of millions of dollars all over the globe, and that they have confiscated more than $8.6 million in illegal cryptocurrencies.

During a news conference held on Tuesday to announce the takedown of the botnet, United States Attorney Martin Estrada referred to the investigation as “the most significant technological and financial operation ever led by the Department of Justice against a botnet.” Duck Hunt was headed by the FBI. For one thing, the federal government developed some software that, when installed on computers that were infected with Qbot, would make the virus useless.

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Sep 6, 2023

Scammers can abuse security flaws in email forwarding to impersonate high-profile domains

Posted by in categories: cybercrime/malcode, finance, government

Sending an email with a forged address is easier than previously thought, due to flaws in the process that allows email forwarding, according to a research team led by computer scientists at the University of California San Diego.

The issues researchers uncovered have a broad impact, affecting the integrity of sent from tens of thousands of domains, including those representing organizations in the U.S. government—such as the majority of U.S. cabinet email domains, including, as well as . Key financial service companies, such as Mastercard, and major news organizations, such as The Washington Post and the Associated Press, are also vulnerable.

It’s called forwarding-based spoofing and researchers found that they can send impersonating these organizations, bypassing the safeguards deployed by email providers such as Gmail and Outlook. Once recipients get the spoofed email, they are more likely to open attachments that deploy malware, or to click on links that install spyware on their machine.

Sep 5, 2023

How Companies Can Cope With the Risks of Generative AI Tools

Posted by in categories: finance, robotics/AI

Everyone’s experienced the regret of telling a secret they should’ve kept. Once that information is shared, it can’t be taken back. It’s just part of the human experience.

Now it’s part of the AI experience, too. Whenever someone shares something with a generative AI tool — whether it’s a transcript they’re trying to turn into a paper or financial data they’re attempting to analyze — it cannot be taken back.

Generative AI solutions such as ChatGPT and Google’s Bard have been dominating headlines. The technologies show massive promise for a myriad of use cases and have already begun to change the way we work. But along with these big new opportunities come big risks.

Sep 5, 2023

Better cybersecurity with quantum random number generation based on a perovskite light emitting diode

Posted by in categories: cybercrime/malcode, encryption, finance, quantum physics

Digital information exchange can be safer, cheaper and more environmentally friendly with the help of a new type of random number generator for encryption developed at Linköping University, Sweden. The researchers behind the study believe that the new technology paves the way for a new type of quantum communication.

In an increasingly connected world, cybersecurity is becoming increasingly important to protect not just the individual, but also, for example, national infrastructure and banking systems. And there is an ongoing race between hackers and those trying to protect information. The most common way to protect information is through encryption. So when we send emails, pay bills and shop online, the information is digitally encrypted.

To encrypt information, a is used, which can either be a computer program or the hardware itself. The random number generator provides keys that are used to both encrypt and unlock the information at the receiving end.

Sep 4, 2023

A ‘people-first’ view of the AI economy

Posted by in categories: business, economics, finance, information science, robotics/AI

Today marks nine months since ChatGPT was released, and six weeks since we announced our AI Start seed fund. Based on our conversations with scores of inception and early-stage AI founders, and hundreds of leading CXOs (chief experience officers), I can attest that we are definitely in exuberant times.

In the span of less than a year, AI investments have become de rigueur in any portfolio, new private company unicorns are being created every week, and the idea that AI will drive a stock market rebound is taking root. People outside of tech are becoming familiar with new vocabulary.

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Aug 30, 2023

The 9 AI Skills You Need NOW to Stay Ahead of 97% of People

Posted by in categories: education, finance, information science, robotics/AI, transportation

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Welcome to our latest educational video, “The 9 AI Skills You Need NOW to Stay Ahead of 97% of People.” This video is designed for anyone eager to take a deep dive into the world of artificial intelligence and machine learning. Our goal is to provide you with the most essential AI skills needed to excel in this rapidly evolving field, keeping you ahead of the curve and well-positioned in the job market.

In this comprehensive guide, we explore nine fundamental AI skills, ranging from understanding algorithms to deep learning, data science, natural language processing, computer vision, robotics, and more. We also provide practical tips on how to apply these skills in real-world scenarios, whether you’re an AI enthusiast or a seasoned professional.

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Aug 28, 2023

How Powerful Will AI Be In 2030?

Posted by in categories: biotech/medical, finance, information science, robotics/AI, transportation

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Welcome to our channel! In this exciting video, we delve into the fascinating realm of artificial intelligence (AI) and explore the question that has intrigued tech enthusiasts and experts alike: “How powerful will AI be in 2030?” Join us as we embark on a captivating journey into the future of AI, examining the possibilities, advancements, and potential impact that await us.

In the next decade, AI is poised to revolutionize numerous industries and transform the way we live and work. As we peer into the crystal ball of technological progress, we aim to shed light on the potential power and capabilities that AI could possess by 2030. Brace yourself for mind-blowing insights and expert analysis that will leave you in awe.

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Aug 25, 2023

SpaceX Reportedly Achieved Profitability In The First Quarter Of 2023

Posted by in categories: Elon Musk, finance, internet, satellites

SpaceX, led by Elon Musk, has reportedly achievedability in the first quarter of 2023, marking a significant milestone for the privately owned rocket company. According to the Wall Street Journal (WSJ), SpaceX reported a of $55 million on $1.5 billion in revenue for the January-to-March period. This success comes after two years of narrowing losses, with the company managing to cut its 2022 losses to $559 million from the previous year’s $968 million while doubling its revenue to $4.6 billion.

The positive financial results reflect SpaceX’s growing revenue, driven in part by its Starlink internet satellite service and the development of its ambitious Starship rocket. The company’s surging revenue has enabled it to make progress towardability while pursuing its ambitious goals in space exploration and satellite communication.

The WSJ report also sheds light on SpaceX’s significant expenses, with the company recording total expenses of $5.2 billion in 2022, up from $3.3 billion in the previous year. Despite these costs, SpaceX’sability in the first quarter signals the potential for its ongoing success as it continues to innovate and expand its operations in the space industry.

Aug 24, 2023

Peter Diamandis: ‘In the next 10 years, we’ll reinvent every industry’

Posted by in categories: education, finance, life extension, Peter Diamandis, singularity

Peter Diamandis is best known as the founder of the XPrize Foundation, which offers big cash prizes as an incentive for tech solutions to big problems. The entrepreneur and investor is also co-founder of the Singularity University, a Silicon Valley-based nonprofit offering education in futurology. His new book, The Future Is Faster Than You Think, argues that the already rapid pace of technological innovation is about to get a whole lot quicker.

Do you think people are worried about where technology is going to take us? I can palpably feel how fast things are changing and that the rate of change is accelerating, and I have picked up a growing amount of fear coming from people who don’t understand where the world is going. And that is not good when you’re trying to solve problems. This book is about giving people a roadmap for where things are going over the next decade so they have less fear and more anticipation. Because, yes, in the next 10 years, we’re going to reinvent every industry on this planet, but the change is one that is for the benefit of masses, whether it’s in longevity or food or banking.

Aug 23, 2023

Elon Musk’s SpaceX Rockets To $140 Billion Valuation Following Recent Share Sales By Investors Adding $61 Billion To Musk’s Net Worth

Posted by in categories: Elon Musk, finance, space travel

The race to space exploration has been heating up, with Elon Musk’s SpaceX making significant strides in the sector. The private company is valued at approximately $150 billion after a recent share sale by investors. Musk is speculated to own roughly 44% of the company.

The company reached an agreement with both new and existing investors to offer up to $750 million in stock from insiders at a price of $81 per share last month, valuing it at approximately $140 billion, according to a document sent by SpaceX Chief Financial Officer Bret Johnsen.

The latest share price reflects a rise of approximately 5% compared to its previous secondary sale at $77 per share. But Musk does not “anticipate needing to raise funding in the near future” and is expected to opt for secondary sales to bolster and incentivize employee and insider ownership in the company.

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