Following a summit on open-source security hosted at the White House Thursday, Google has called for increasing government involvement in identifying and securing critical open-source software projects. In a blog post published shortly after the summit, Kent Walker, president for global affairs and chief legal officer at Google and Alphabet, said that collaboration between government and the private sector was needed for open-source funding and management. “We need a public-private… Source link
Read More »Google to pay £183m in back taxes to Irish government | Google
Google’s Irish subsidiary has agreed to pay €218m (£183m) in back taxes to the Irish government, according to company filings on Thursday. The US tech giant, which had been accused of avoiding hundreds of millions in tax across Europe through loopholes known as the “Double Irish, Dutch Sandwich”, said it had “agreed to the resolution of certain tax matters relating to prior years”. Google Ireland Ltd said it would pay corporation tax of €622m in 2020, including the €218m… Source link
Read More »US government could default ‘as soon as mid-December’ without action: Analysts
Treasury Secretary Janet Yellen meets with President Joe Biden to discuss the federal debt limit in October. (Chip Somodevilla/Getty Images) On Tuesday, Treasury Secretary Janet Yellen set Dec. 15 as the latest deadline for when the U.S. could default on government debt. Today, an independent group of analysts at the Bipartisan Policy Center (BPC) have confirmed the deadline, projecting a debt limit “X Date” of when the U.S. will no longer be able to pay its bills as a possibility… Source link
Read More »What Google’s New Cloud Security Authorizations Mean for Its Government Customers
Google achieved two new public-sector authorizations that insiders say will prove instrumental in their work helping the government modernize its information technology, security and compliance. On the heels of a long and complex engineering effort, the Google Workspace product reached FedRAMP High authorization, officials announced Wednesday, and the tech giant also earned an Impact Level 4, or IL4, designation from the Defense Information Systems Agency. “Our approach has been different… Source link
Read More »Google CEO Sundar Pichai Calls for Government Action on Cybersecurity, Innovation
Sundar Pichai, chief executive of Google and parent company Alphabet Inc., GOOG 0.91% said the U.S. government should take a more active role in policing cyberattacks and encouraging innovation with policies and investments. In the wake of recent cybersecurity breaches attributed to Chinese and Russian hackers, Mr. Pichai said the time had come to draft the equivalent of a Geneva Convention for technology to… Source link
Read More »Google to give security keys to ‘high risk’ users targeted by government hackers – TechCrunch
Google has said it will provide 10,000 “high-risk” users with free hardware security keys, days after the company warned thousands of Gmail users that they were targeted by state-sponsored hackers. The warning, sent by Google’s Threat Analysis Group (TAG), alerted more than 14,000 Gmail users that they had been targeted in a state-sponsored phishing campaign from APT28, also known as Fancy Bear, said to be made up of operatives of Russia’s GRU intelligence… Source link
Read More »Government Secretly Orders Google To Identify Anyone Who Searched A Name, Address And Telephone Number
There are fears the government is secretly ordering Google to provide information on innocent users who typed in certain search terms. (Photo by Chris Jackson/Getty Images) Getty Images The U.S. government is secretly ordering Google to provide data on anyone typing in certain search terms, an accidentally-unsealed court document shows. There are fears such “keyword warrants” threaten to implicate innocent web users in serious crimes and are more common than… Source link
Read More »The stock market would plunge 33% if the government defaults: Moody’s
President Joe Biden very often cites research from Moody’s when he is trying to make a point on the U.S. economy. He should use the latest from Moody’s Mark Zandi to emphasize any point being made to fellow politicians on both sides of the aisle on the need to get a debt ceiling deal done ASAP. “Shutting the government down would not be an immediate hit to the economy, but a default would be a catastrophic blow to the nascent economic recovery from the COVID-19 pandemic,” said Zandi, the… Source link
Read More »Will another government shutdown hurt the stock market?
If history is any guide, then investors shouldn’t sell all their stocks and move into cash and gold amid fear of another government shutdown. “History shows that U.S. government shutdowns generally have not meaningfully impacted equity returns,” points out David Kostin, Goldman Sachs chief U.S. equity strategist, in new research. Kostin crunched the numbers, and they support his view. The S&P 500 posted median returns of -0.1% on the dates of budget authority expiration, 0.1% during the… Source link
Read More »Why nobody cares about small government anymore
US President Joe Biden speaks about the economy and the middle class, in the East Room of the White House in Washington, DC, on September 16, 2021. (Photo by Brendan Smialowski / AFP) (Photo by BRENDAN SMIALOWSKI/AFP via Getty Images) Anybody seen the Tea Party? It ought to be an epic moment for the small-government movement that grew out of government bailouts following the financial crash of 2008. Democrats who control the White House and both houses of Congress by narrow margins are working… Source link
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