Tag: All Regions
US Supreme Court reinstates rule cracking down on firearms without serial numbers
The US Supreme Court has temporarily reinstated a rule cracking down on the proliferation of firearms without serial numbers, known as “ghost guns”, reversing a ruling by a lower court. In a narrow 5-4 decision on Tuesday, the nation’s highest judicial body ruled to keep in place regulations introduced by the administration of President Joe Biden to restrict “ghost guns”, which can be constructed from separate parts or put together using 3D printers. The ruling is only temporary, though, while…
Italy shocks banks with 40 percent tax on profits they reap from higher interest rates
Italy has dealt a surprise blow to its banks and sent shock waves across the sector in Europe by setting a one-off 40 percent tax on profits reaped from higher interest rates, after reprimanding lenders for failing to reward deposits. Sharply higher official interest rates have yielded record profits for banks, as the cost of loans has soared while lenders have held off paying more on deposits. Countries such as Spain and Hungary have already imposed windfall taxes on the…
Interpol takes down 16shop phishing-as-a-service platform
A joint operation between Interpol and cybersecurity firms has led to an arrest and shutdown of the notorious 16shop phishing-as-a-service (PhaaS) platform. Phishing-as-a-service platforms offer cybercriminals a one-stop-shop to conduct phishing attacks. These platforms typically include everything you need, including email distribution, ready-made phishing kits for well-known brands, hosting, data proxying, victim overview dashboards, and other tools that help increase the success of their operations. These platforms are a significant risk as they lower the bar of entry for inexperienced…
Canadian publishers want Meta investigated for blocking news, following the impending Canadian law that demands tech firms pay for news
Canadian news industry groups have asked the country’s antitrust regulator to investigate Meta Platforms’ decision to block news on its platforms in the country, accusing the Facebook parent of abusing its dominant position. Meta started blocking news on its Facebook and Instagram platforms for all users in Canada last week in response to a law requiring internet giants to pay for news articles. Canada’s Online News Act, part of a global trend to make tech firms pay for news, became…
Syria permits UN to use Bab Assalama and Rae’ crossing points for three extra months
Syria permitted the UN and its agencies concerned to use Bab Assalama and al-Rae’ crossing points to deliver humanitarian aid to people in need for three extra months to end on November 13th. “The decision comes in light of Syria’s keenness on boosting stability, improving the humanitarian and livelihood situation of the Syrians and facilitating the delivery of aid to people in need,” Syria’s permanent representative to the UN, Bassam Sabbagh said Tuesday. On July 13th, Syria allowed the UN agencies to use Bab al-Hawa crossing point to deliver humanitarian aid. – End of content –
Tennessee teen sues school for suspending him after he posted memes mocking principal
Students rights are limited on school grounds. But they don’t cease to exist. And what they do off-campus is subject to even fewer limitations. These are long-held facts backed by years of court precedent, the most famous of which is the Supreme Court’s 1969 Tinker decision. This is the baseline for school-student interactions when it comes to constitutional rights, as written by Justice Abe Fortas: It can hardly be argued that either students or teachers shed their constitutional rights to…
Sanctions, airspace closures hamper UN humanitarian efforts in Niger
United Nations agencies scramble to replace depleting aid stocks as regional sanctions start to kick in. Niger’s military coup is disrupting humanitarian efforts by the United Nations as border and airspace closures threaten to cut off supplies of medicine and food, says a UN official. UN aid agencies are scrambling to replenish depleting stocks just as regional sanctions potentially increase the number of people in need, its humanitarian chief in Niger, Louise Aubin, warned on Tuesday. “The risk is that…
Alaska’s bursting ice dam highlights threat of glacial floods worldwide
The grey, two-storey home with white trim toppled and slid, crashing into the river below as rushing waters carried off a bobbing chunk of its roof. Next door, a condo building teetered on the edge of the bank, its foundation already having fallen away as erosion undercut it. The destruction came at the weekend as a glacial dam burst in Alaska’s capital, swelling the levels of the Mendenhall River to an unprecedented degree. The bursting of such snow-and-ice dams is…
New Inception attack leaks sensitive data from all AMD Zen CPUs
Researchers have discovered a new and powerful transient execution attack called ‘Inception’ that can leak privileged secrets and data using unprivileged processes on all AMD Zen CPUs, including the latest models. Transient execution attacks exploit a feature present on all modern processors named speculative execution, which dramatically increases the performance of CPUs by guessing what will be executed next before a slower operation if completed. If the guess is correct, the CPU has increased performance by not waiting for an…
Kadlec Throws Fauci Under the Bus
On July 28, 2023, Weekend Australian Magazine published a bombshell report based on an exclusive interview with Dr. Robert (Bob) Kadlec, the HHS Assistant Secretary for Preparedness and Response (ASPR) who served under Donald Trump. To many readers this may seem like just more Washington, DC Kabuki theater with a side order of limited hangout (much like the prior Vanity Fair article in which Kadlec provided a generous scoop of spin with a topping of CYA). Personally, I find this whole “inside…
Carcinogens found at Montana nuclear missile sites amid cancer reports
The Air Force has detected unsafe levels of a likely carcinogen at underground launch control centers at a Montana nuclear missile base where a striking number of men and women have reported cancer diagnoses. A new cleanup effort has been ordered. The discovery “is the first from an extensive sampling of active U.S. intercontinental ballistic missile bases to address specific cancer concerns raised by missile community members,” Air Force Global Strike Command said in a release Monday. In those samples, two…
Europe confirms in-depth probe for Adobe’s $20B Figma acquisition
The European Commission (EC) has confirmed that it’s opening an in-depth investigation into Adobe’s proposed $20 billion bid for digital design software rival Figma. The Commission said that the acquisition “may reduce competition in the global markets for the supply of interactive product design software and for digital asset creation tools.” First announced last September, Adobe’s megabucks bid for one of its biggest competitors was always likely to attract scrutiny from regulators around the globe. The U.S. Department of Justice…
SoftBank posts loss, with a cumulative loss of $6.3B in its Vision Fund business
As SoftBank prepares to dive deeper into AI investments, the group posted an unexpected consecutive quarterly overall loss, as well as a continued loss in its existing investment business. SoftBank’s Vision Fund 1 and 2 and its Latin American fund together posted a quarterly investment loss of 13 billion yen ($91 million). That is significantly less than the 2,919 billion yen loss a year ago ($20 billion) but cumulatively, the company said that investments across the three funds, as of…
Scores of Palestinians injured east of Nablus city
Occupied Jerusalem, SANA- Dozens of Palestinians were injured Tuesday at dawn, as the Israeli occupation forces stormed Askar camp, east of Nablus city in the West Bank. ‘The occupation forces raided the camp, opened fire on the Palestinians and threw toxic gas bombs at them, causing the injury of six, in addition to 185 suffocation cases, Wafa News Agency said. The occupation also stormed the eastern region in Nablus and demolished the house of the family of martyr Abdel-Fattah Kharousha….
GIC, Carlyle said to skip Ant’s share buyback after valuation slumps 70%
HONG KONG – A number of global investors including Warburg Pincus and Canada Pension Plan Investment Board are opting out of Ant Group’s proposed share buyback after the Chinese fintech’s valuation was slashed by more than 70 per cent, according to people familiar with the matter. Singapore sovereign wealth fund GIC and Carlyle Group are also among top foreign shareholders that are not participating in the buyback, the people said. A few money managers, including Fidelity Investments and T. Rowe…
Crypto firm Blockchain.com gets Singapore licence
SINGAPORE – Cryptocurrency firm Blockchain.com has been granted a licence in its South-east Asian headquarters of Singapore that will allow it to expand its services to global institutional and accredited investors. The company was granted a major payment institution licence from the Monetary Authority of Singapore (MAS) on Aug 1. This comes less than a year after Blockchain.com, a pioneer of key infrastructure for the Bitcoin community, received in-principle approval from MAS, which is relatively quicker than the usual time…