Archive for the ‘finance’ category: Page 58
Feb 28, 2022
Hackers attack train network to stop Putin’s troops moving to Ukraine
Posted by Shubham Ghosh Roy in categories: cybercrime/malcode, finance, transportation
The hackers claimed that the attack was to “slow down the transfer” of troops moving from Belarus to northern Ukraine, saying that they had put the trains in “manual control” mode which would “significantly slow down the movement of trains, but will not create emergency situations.”
An ideological aversion to high-stakes situations has been expressed by other hacking groups. Anonymous, which has claimed a number of attacks on Russia’s banks and services, the websites of the President of the Russian Federation and Russia’s Ministry of Defence, has said that critical infrastructure is a “no-go” due to the risk of exacerbating the already tumultuous situation in eastern Europe.
Sergei Voitehowich, a former employee of Belarus’s state-owned Belarus Railway company, said that the Cyber Partisans had damaged the train traffic control system and that while it has been restored, other systems were experiencing issues and making it “impossible to buy tickets”, according to Bloomberg.
Feb 24, 2022
How the tech industry is responding to Russia’s invasion of Ukraine
Posted by Genevieve Klien in categories: business, finance
The invasion was met with sharp rebuke from the United States, the European Union and NATO allies, with broad, unprecedented financial and diplomatic sanctions promised against Russia, sanctions that are likely to affect business, trade and finance across the region.
The impacts of the invasion are also, undoubtedly, being felt across Ukraine’s wider tech ecosystem, which includes not only hundreds of startups and larger tech firms, but also research and development offices for some of the world’s biggest technology brands.
As the situation on the ground changes rapidly over the next few hours and days, TechCrunch will continue to bring news and analysis on how the conflict unfolds across the tech and startup community.
Feb 23, 2022
Crypto companies are tempting top talent away from Big Tech to build ‘Web3’
Posted by Genevieve Klien in categories: bitcoin, blockchains, finance
There’s another thing that’s attracting talent at Big Tech companies to Web3: money.
According to data from Blind, a social network for tech professionals, bitcoin exchange Coinbase offers as much as $900,000 a year for software engineers.
Investment into crypto companies has surged, meaning they’ve got much more cash to spare on lucrative compensation packages for big hires. Blockchain start-ups raised a record $25 billion in venture capital last year, according to CB Insight figures.
Feb 20, 2022
DARPA Goals To Preserve Moore’s Regulation Going — Right here’s How
Posted by Saúl Morales Rodriguéz in categories: computing, finance, mobile phones, transportation
Some say that Moore’s Regulation, which tracks the exponential progress electronics during the last six a long time has stalled, and technological stagnation threatens. Mark Rosker, director of DARPA’s Microsystems Know-how Workplace (MTO), sees issues very in another way. In a new interview with Samuele Lilliu, he explains how the expansion described by Moore’s Regulation has been sustained by waves of innovation from DARPA and the way the following stage, what he calls the Fourth Wave, might be carried ahead by applied sciences his workplace is now creating.
The best model of Moore’s Regulation says that the variety of transistors on a silicon chip roughly doubles each two years. This was an commentary made by Gordon Moore – who later co-founded Intel – in 1965, and it proved to be remarkably correct. Yearly since then, an increasing number of highly effective computer systems and, later, laptops and smartphones have appeared in the marketplace. Low-cost chips have now grow to be important for vehicles, televisions, cameras and different units, which beforehand functioned with out electronics. They’re important throughout the financial system.
Continue reading “DARPA Goals To Preserve Moore’s Regulation Going — Right here’s How” »
Feb 19, 2022
Founder of collapsed $1.7 billion mutual fund charged with fraud
Posted by Genevieve Klien in categories: finance, government
In addition to securities fraud and obstruction of justice, James Velissaris has been charged with wire fraud and lying to auditors.
The founder and manager of a $1.7 billion mutual fund that collapsed last year has been charged by federal prosecutors with securities fraud and obstruction of justice for allegedly inflating fund asset values to keep investor money flowing, then falsifying records to conceal the improprieties.
The Infinity Q Diversified Alpha Fund halted investor redemptions in February 2021, roughly seven years after it was co-founded by James Velissaris, 37, its chief investment officer. A government inquiry began, Velissaris stepped down and the mutual fund and a parallel hedge fund he oversaw began liquidating.
Continue reading “Founder of collapsed $1.7 billion mutual fund charged with fraud” »
Feb 15, 2022
Dr Joel Mozer, PhD — United States Space Force — Director of Science, Technology, and Research
Posted by Ira S. Pastor in categories: engineering, finance, government, military, policy, satellites, science
The Future Of Space Tech & Innovation — Dr. Joel Mozer Ph.D., Director of Science, Technology & Research, United States Space Force.
Dr. Joel Mozer is the Director of Science, Technology, and Research, United States Space Force (https://www.spaceforce.mil/).
Feb 8, 2022
Medusa malware ramps up Android SMS phishing attacks
Posted by Genevieve Klien in categories: cybercrime/malcode, finance, robotics/AI
The Medusa Android banking Trojan is seeing increased infection rates as it targets more geographic regions to steal online credentials and perform financial fraud.
Today, researchers at ThreatFabric have published a new report detailing the latest tricks employed by the Medusa malware and how it continues to evolve with new features.
Feb 7, 2022
Keren Haruvi — President, Sandoz US, Head Of North America — Global Generic Medicine Access For All
Posted by Ira S. Pastor in categories: biotech/medical, business, chemistry, economics, finance
Pioneering global generic medicine access to improve and extend people’s lives — keren haruvi snir-president, sandoz US, head of north america.
Keren Haruvi is President of Sandoz US and Head of their North America business (https://www.novartis.us/about-us/our-leadership/us-country-l…n-haruvi).
Feb 6, 2022
AI learns physics to optimize particle accelerator performance
Posted by Dan Kummer in categories: biotech/medical, finance, information science, robotics/AI
Machine learning, a form of artificial intelligence, vastly speeds up computational tasks and enables new technology in areas as broad as speech and image recognition, self-driving cars, stock market trading and medical diagnosis.
Before going to work on a given task, machine learning algorithms typically need to be trained on pre-existing data so they can learn to make fast and accurate predictions about future scenarios on their own. But what if the job is a completely new one, with no data available for training?
Now, researchers at the Department of Energy’s SLAC National Accelerator Laboratory have demonstrated that they can use machine learning to optimize the performance of particle accelerators by teaching the algorithms the basic physics principles behind accelerator operations—no prior data needed.