So far, at least 500,000 personal health records have been stolen. Breaching Whales Hackers plundered the health records of millions of customers from Australian health insurance provider Medibank, then dumped them on the dark web after Medibank refused to pay the demanded ransom. The hack first came to light in October, when it was unclear… Continue reading Insurance Company Refuses to Pay Ransom, So Hackers Start Releasing Health Records of Up To 10 Million People
Category: Tech News
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The Guy Who Invented the World Wide Web Thinks We Should “Ignore” Web3
“Web3 is not the web at all.” Web of Lies The man who literally invented the form of the internet we all use believes the future of it lies in decentralization. That man is Tim Berners-Lee, a British computer scientist who’s widely credited with inventing the World Wide Web back in 1989. However, Berners-Lee thinks… Continue reading The Guy Who Invented the World Wide Web Thinks We Should “Ignore” Web3
‘Fix your companies. Or Congress will,’ Senator Ed Markey warns Elon Musk
/ Senator Ed Markey snapped back at Elon Musk after the billionaire mocked his concerns about paid verification on Twitter. Illustration by Lille Allen / The Verge Senator Ed Markey (D-MA) told Elon Musk, “Fix your companies. Or Congress will,” after Musk snarkily replied to the senator’s concerns about fake verified accounts on Twitter, and… Continue reading ‘Fix your companies. Or Congress will,’ Senator Ed Markey warns Elon Musk
Twitter reportedly cuts contract workforce following mass layoffs
After laying off 50 percent of the company’s employees, Elon Musk has turned his attention to Twitter’s contract workers. According to separate reports from Platformer’s Casey Newton and Axios, the social media platform began reducing its contingent staff on Saturday afternoon. The scale of the job cuts is unclear, but Newton puts it at “a… Continue reading Twitter reportedly cuts contract workforce following mass layoffs
Samsung SSDs are up to 67 percent off at Amazon
All products recommended by Engadget are selected by our editorial team, independent of our parent company. Some of our stories include affiliate links. If you buy something through one of these links, we may earn an affiliate commission. All prices are correct at the time of publishing. If you’re looking to buy additional storage for… Continue reading Samsung SSDs are up to 67 percent off at Amazon
Blackrock shelves China bond ETF amid growing political tensionThe first Blackrock ETF product was reportedly scheduled for the fourth quarter.
Blackrock Inc has put off the launch of an exchange traded fund (ETF) that invests in Chinese bonds, amid growing tension between Washington and Beijing, the Financial Times said on Saturday. The world’s largest money manager has “indefinitely” shelved the ETF, the newspaper said, citing people familiar with the decision. According to one of the people, the move… Continue reading Blackrock shelves China bond ETF amid growing political tensionThe first Blackrock ETF product was reportedly scheduled for the fourth quarter.
Alameda, FTX execs knew crypto firm was using customer funds, per report
FTX-affiliated crypto trading firm Alameda Research’s Chief Executive Officer Caroline Ellison and senior FTX officials knew that the crypto exchange had lent Alameda its customer funds to help meet liabilities, the Wall Street Journal reported on Saturday. Reuters reported Friday that FTX founder and former CEO Sam Bankman-Fried had secretly transferred $10 billion of customer funds from FTX to Alameda. Ellison told employees in a video meeting on Wednesday that she, Bankman-Fried, and two other executives, Nishad Singh and Gary… Continue reading Alameda, FTX execs knew crypto firm was using customer funds, per report
Chinese regulators urge more financing support for embattled property firms
Chinese regulators have asked financial institutions to extend more support to property developers to shore up the country’s struggling real estate sector, two sources with direct knowledge of the matter said on Sunday. A notice to the institutions from the People’s Bank of China (PBOC) and the China Banking and Insurance Regulatory Commission (CBIRC) outlined 16 steps to support the industry, including loan repayment extensions, in a major push to… Continue reading Chinese regulators urge more financing support for embattled property firms
Binance halts FTX’s FTT deposits, urges rivals to follow
Cryptocurrency exchange Binance has stopped accepting deposits of FTX’s FTT token on its platform, its chief executive Changpeng Zhao said on Sunday, urging other rival exchanges to do the same. FTX, which filed for bankruptcy on Friday, was engulfed in more chaos on Saturday when the crypto exchange said it had detected unauthorized access and analysts said hundreds of millions of… Continue reading Binance halts FTX’s FTT deposits, urges rivals to follow
Indonesia’s INA, China’s SRF pick 40% in Kimia Farma Apotek for $120m
Indonesia’s sovereign wealth fund (SWF) INA and China’s Silk Road Fund (SRF) are picking up a 40% stake in Indonesian state-owned pharmaceutical company PT Kimia Farma’s subsidiary, Kimia Farma Apotek, for 1.86 trillion rupiah ($120 million), according to a statement on Sunday. Kimia Farma Apotek will use the money for business expansion and working capital,… Continue reading Indonesia’s INA, China’s SRF pick 40% in Kimia Farma Apotek for $120m