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Ransomware cyberattacks have skyrocketed, and no part of the economy is safe. From infrastructure companies like Colonial Pipeline to meat producers like JBS to a huge attack linked to Russia just over the Fourth of July weekend, the attacks have escalated. According to George Kurtz, CEO of cybersecurity firm CrowdStrike (CRWD), the company is seeing a “massive” increase in ransomware attacks. And they’re targeting everything from private businesses to government entities. “Ransomware… Source link

Big Tech is once again in Washington’s crosshairs. On Friday, President Biden called on the Federal Trade Commission and Department of Justice to enforce existing rules and establish new ones that could interfere with the market domination of America’s biggest tech firms. The executive order from Biden calls on the FTC to establish stricter rules over mergers, making it harder for larger tech companies to swallow up their smaller competitors — just like Facebook has with Instagram and… Source link

Cryptocurrencies traded higher on Friday after a volatile week. Bitcoin was holding above $33,000 support at press time and is roughly flat for the week. Technical charts suggest buyers will remain active above $30,000, although upside momentum is starting to slow heading into the weekend.  “The possibility of price action dropping into the mid-$20,000 range is alive, but traders looking for a retest of previous all-time highs will likely be disappointed,” Sean Rooney, head of research… Source link

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New Bet & Watch Feature Allows Fans to Watch a Live MLB Game in the DraftKings App BOSTON and NEW YORK, July 09, 2021 (GLOBE NEWSWIRE) — Major League Baseball and DraftKings Inc. (Nasdaq: DKNG) today announced a strategic sportsbook expansion and an extension of its existing Daily Fantasy Sports and sports betting relationship which will include expanded promotional rights and content inclusive of the sports betting category. Among the key components of the expanded relationship are rights… Source link

Apple will be the next major target in the United States’ latest crack down on Big Tech, IAC CEO Joey Levin predicted on CNBC on Friday. Levin said on “Squawk Box” that he believes “Apple’s next, and I think Apple is, in many senses, worse” than Google, which was sued this week by a group of state attorneys general. The AGs alleged that the Alphabet unit abused its power over app developers through its Play Store on Android. Apple has “forced companies into the system,” said Levin, whose… Source link

MOSCOW (Reuters) – Russian tech giant Yandex said on Friday it was pulling out of a deal to buy online fashion retailer KupiVIP, but is considering alternative outlets in the fashion sector. Yandex said in May it had agreed to buy the online retailer on undisclosed terms to enhance its Yandex.Market offering. “Yandex.Market will not exercise its option to buy the KupiVIP group,” Yandex said in a statement. (Reporting by Gleb Stolyarov; Writing by Alexander Marrow; editing by David Evans) Source link

Employees move boxes at a logistics centre of the Yandex.Market e-commerce platform in Moscow, Russia June 21, 2021. REUTERS/Evgenia Novozhenina/Files MOSCOW, July 9 (Reuters) – Russian tech giant Yandex (YNDX.O) said on Friday it was pulling out of a deal to buy online fashion retailer KupiVIP, but is considering alternative outlets in the fashion sector. Yandex said in May it had agreed to buy the online retailer on undisclosed terms to enhance its Yandex.Market offering. “Yandex.Market will… Source link

In this edition of 5 Things, Food Management highlights five things you may have missed recently about developments affecting onsite dining. Here’s your list for today: Grubhub partners with robot firm for campus meal deliveries Related: FM announces 2021 Best Concept Award winners Mobile food-ordering/delivery platform Grubhub, which operates on more than 250 college campuses across the United States, has announced a multi-year partnership… Source link