Tag: All Regions

Germany to send Ukraine $1B in air defense tech, plus more tanks

  PARIS — Germany will send about €1 billion (U.S. $1.1 billion) worth of air defense systems to Ukraine as part of a second “winter package” for the embattled country, the German Defence Ministry said in a statement Tuesday. The support will include a Patriot air defense system and two IRIS-T surface-to-air systems, as well as 10 more Leopard 1…

German economy to shrink in 2023, govt says

  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…

US Army Tests Military Version of Elon Musk’s ‘Starlink’ Comms Network

  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…

Amazon sellers say they made a good living — until Amazon figured it out

Suavecito was the first product that Douglas Mrdeza listed to sell on Amazon back in 2014. He had ordered a bit too much of the specialty hair pomade for his barbershop in East Lansing, Michigan. He wanted to see whether he could offload some online. It sold out. So, he ordered more. This time he paid Amazon some extra money…

Israel’s Intelligence Failure

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…

Air Europa data breach: Customers warned to cancel credit cards

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,”…

Should Walmart be data-mining your Ozempic prescriptions?

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…

Cyberattacks Slam Israel After Hamas Surprise Assault

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…

Israeli central bank to sell $41b of foreign currency to stabilise shekel amid Gaza war

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…

MGM didn’t pay up after hackers broke into its system and stole customer data

The Wall Street Journal wrote on Thursday that MGM Resorts International didn’t pay the ransomware attackers who broke into its systems last month, forcing the company to shut down systems at several of its hotels and casinos. The hack kept many waiting to check into their rooms, including FTC chair Lina Kahn, who was in Las Vegas, Nevada to attend…

The Epic v. Google witness list: Andy Rubin, Sundar Pichai, and more to testify

It’s been almost 10 months since a trial date was set in Epic’s antitrust lawsuit against Google, and with all of the other big tech cases going on right now, including Google’s other antitrust proceedings, you’d be forgiven for forgetting about this one. But believe it or not, the trial will start in less than a month, on November 6th,…

Reddit Sees Copyright Takedowns Peak While Subreddit Bans Drop

Reddit’s latest transparency report shows a modest increase in DMCA takedown notices. The number of copyright infringement-related user- and subreddit bans has declined, however. The latest data follows a hectic period at Reddit, where protests over an API policy change triggered a ‘dramatic’ 1169% increase in user data requests. With millions of daily users, Reddit is without a doubt one…

Israel and Gaza at War After Hamas Launches Surprise Attack

Palestinian militant group Hamas launched a large-scale surprise attack against Israel on Saturday, firing thousands of rockets from Gaza and sending fighters to kill or abduct people as Israel retaliated with devastating air strikes. At least 70 people were reported killed in Israel, while Gaza authorities released a death toll of 198 in the conflict’s bloodiest escalation in years, which also left hundreds more wounded on both sides. “We are at war,”…

Canadian Woman Repatriated From Syria Charged With Terrorism 

Ottawa, Ontario — A Canadian woman allegedly linked to Islamic State jihadis who was repatriated from a camp in Syria six months ago has been charged with participating in a terrorist group, police said Friday.Ammara Amjad was arrested Thursday in Milton, Ontario, west of Toronto, “for her alleged participation in the activities of the Islamic State of Iraq and the…

Genetics firm 23andMe says user data stolen in credential stuffing attack

23andMe has confirmed to BleepingComputer that it is aware of user data from its platform circulating on hacker forums and attributes the leak to a credential-stuffing attack. 23andMe is a U.S. biotechnology and genomics firm offering genetic testing services to customers who send a saliva sample to its labs and get back an ancestry and genetic predispositions report. Recently, a threat…

MGM Resorts ransomware attack led to $100 million loss, data theft

MGM Resorts reveals that last month’s cyberattack cost the company $100 million and allowed the hackers to steal customers’ personal information. The hospitality and entertainment giant disclosed a cybersecurity issue on September 11, 2023, which impacted its main website, online reservations systems, and in-casino services like slot machines, credit card terminals, and ATMs. A few days later, it was revealed that the…