Author: 5amResearch

  NEW YORK – Wall Street stocks closed higher on Wednesday as traders await key US consumer inflation data, while shrugging off hotter-than-expected wholesale price increases. The Dow Jones Industrial Average closed 0.2 per cent up at 33,804.87. The broad-based S&P 500 rose 0.4 per cent to 4,376.95, while the tech-rich Nasdaq Composite Index gained 0.7 per cent to 13,659.68. Recent Federal Reserve officials’ comments “had two hawks dial down the immediate need for further tightening,” noted Mr Edward Moya,…

Over the past two decades, online piracy has proven a massive challenge for the entertainment industries. It’s a global issue that’s hard to contain, but various anti-piracy group are doing their best to fight back. There’s a seemingly perpetual stream of takedowns, as evidenced by press releases that come out every week. However, some targets are particularly resistant to enforcement action and much harder to take offline. A few days ago, the Motion Picture Association (MPA) submitted an overview of…

“Would I be correct that, at least today, Apple has a lot of leverage in its negotiations with Google?” Adam Severt, a Department of Justice attorney, asked that question to Google’s head of product partnerships, Joan Braddi, yesterday after a long tour of Braddi’s dealings with Apple over her two-decade-plus career at Google. The two were in a Washington, DC, courtroom, where for the last several weeks, the landmark US v. Google antitrust trial has litigated every corner of the…

  Microsoft says a Chinese-backed threat group tracked as ‘Storm-0062’ (aka DarkShadow or Oro0lxy) has been exploiting a critical privilege escalation zero-day in the Atlassian Confluence Data Center and Server since September 14, 2023. Atlassian had already notified customers about the active exploitation status of CVE-2023-22515 when it disclosed it on October 4, 2023. Still, the company withheld specific details on the threat groups leveraging the vulnerability in the wild. Today, Microsoft Threat Intelligence analysts shared more information about Storm-0062’s involvement in…

Boeing has begun delivering smart munitions to Israel as the country intensifies retaliation in the wake of Hamas’ large-scale surprise attack. An Israeli Air Force transport aircraft recently flew with the 250-pound (113 kilogram) Small Diameter Bombs from the US to Israel, Bloomberg revealed citing a US official. Israel bought 1,000 GBU-39/B Small Diameter Bombs (SDB) in 2021 for $735 million.  Precision Munition The air-launched guided SDB can strike a target 40 miles (64 kilometers) away, providing “the means to…

  FRANKFURT – The German government slashed its growth forecast on Wednesday, predicting Europe’s top economy will shrink this year as it battles high inflation, elevated energy prices and a manufacturing slump. Output will shrink 0.4 per cent, the economy ministry said in its latest projections. This is a marked downgrade from its last estimate in April, when Berlin forecast growth of 0.4 per cent in 2023. The economy has faced severe headwinds since Russia’s invasion of Ukraine last year…

  The US Army has announced the successful trial of a military version of Elon Musk’s “Starlink” communications network. Called the “Starshield,” the technology utilizes low Earth orbit satellites to create a more secure network for soldiers. It will serve as a “redundant” or backup system in case the service’s main communications system gets jammed by enemies. “We’ve done some testing with it at home station, and all of our systems worked flawlessly over the backbones that it provides,” 5th…

Occupied Jerusalem, SANA- Massive demonstrations have been organized in the cities of Ramallah, Jenin, Qalqilya, Tulkarm, Hebron, Tubas, Nablus, Jericho, Qalandia, and Shuafat in the West Bank at dawn on Wednesday. The demonstrations denounced the ongoing aggression launched by the Israeli occupation against Gaza Strip for the fifth day in a row. Wafa News Agency reported that participant in the demonstrations raised Palestinian flags and banners denouncing the crimes of the occupation in the Gaza Strip. They called on the…

Hamas’s devastating terrorist attack against Israel has unleashed the most violent and serious conflict the country has seen in half a century. Already, at least 1,000 Israelis (and 14 U.S. citizens) have been killed. It is an astronomical number for such a small country—equivalent to 30,000 Americans. About 2,900 more Israelis have been injured and an estimated 150 others, including toddlers, grandmothers, and foreign nationals, have been taken hostage. Meanwhile, at least 900 Palestinians have been killed in the Gaza…

Over the past year, new artificial intelligence tools and services have been surfacing everywhere. This AI boom followed the success of ChatGPT and many people believe these recent developments are just the beginning. While entrepreneurs and the public at large are mostly focused on the new possibilities the technology offers, many copyright holders are focused on potential threats. This includes the music industry’s anti-piracy arm, the RIAA, which previously took action against a popular AI-related Discord server that was shut…

Spanish airline Air Europa, the country’s third-largest airline and a member of the SkyTeam alliance, warned customers on Monday to cancel their credit cards after attackers accessed their card information in a recent data breach. “We inform you that a cybersecurity incident was recently detected in one of our systems consisting of possible unauthorized access to your bank card data,” Air Europa said in emails sent to affected individuals and seen by BleepingComputer. “We have secured our systems, guaranteeing the…

Occupied Jerusalem, SANA-The number of victims from the ongoing Israeli aggression on besieged Gaza Strip has risen to about 700 martyrs and 4,000 wounded. Palestinian media outlets said that the occupation aircraft launched several raids on a number of areas causing the death of seven Palestinians, including children, and the injury of others. Five civil defense personnel were injured east of Gaza, while a Palestinian journalist was martyred Tuesday at dawn, west of the strip, in addition to two other…

Occupied Jerusalem, SANA- A Palestinian was martyred on Tuesday at dawn in fire of Israeli occupation forces in al-Arroub camp, north of the West Bank. ‘The 20-year Palestinian Muhammad Majid Hammad was martyred succumbed to his injury in fire of occupation forces while they suppressed a demonstration took place in al-Arroub camp denouncing the Israeli aggression on Gaza Strip’, Wafa News Agency quoted Palestinian Health Ministry. On Monday, one Palestinian was martyred and others were injured in Israeli occupation forces…

Data protection laws limit how pharmacy data is used — but Walmart is apparently running market research with ‘anonymized’ details. Last week, Walmart made headlines with a claim that new weight loss drugs might be making people buy less food. Walmart US CEO John Furner told Bloomberg that people taking Wegovy, Ozempic, and similar drugs showed a “slight change” in their purchasing habits: “just less units, slightly less calories.” How does Walmart know this? Because, Bloomberg indicates, it can compare…

Israel has incurred several cyberattacks following the large-scale surprise attack by Palestinian militant group Hamas. Among the recorded incidents was an attack on the country’s services and government information website, resulting in the portal’s connectivity failure. It was claimed by hacktivists called Killnet, a pro-Russian cyber group that gained notoriety after Moscow’s 2022 invasion of Ukraine. “Israeli government, you are responsible for this bloodshed,” Killnet said, as quoted by Cybernews. “Back in 2022, you supported the terrorist regime in Ukraine….

JERUSALEM – The Bank of Israel said on Monday it will sell up to US$30 billion (S$41 billion) of foreign currency in the open market, in the central bank’s first ever sale of foreign exchange, to maintain stability during Israel’s war with Palestinian militants in Gaza. The move appeared to quickly calm the market as the shekel recovered from steep early losses. “The bank will operate in the market during the coming period in order to moderate volatility in the…