Tag Archives: Impact

Massive Ransomware Attack May Impact Thousands of Victims

(Bloomberg) — Just weeks after President Joe Biden implored Vladimir Putin to curb cyber crime, a notorious, Russia-linked ransomware gang has been accused of pulling off an audacious attack on the global software supply chain. REvil, the group blamed for the May 30 ransomware attack of meatpacking giant JBS SA, is believed to be behind hacks on at least 20 managed-service providers, which provide IT services to small- and medium-sized businesses. More than 1,000 businesses have already been… Source link

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Its COVID-19 vaccine will have biggest impact outside of US

Novavax (NVAX) will be able to pursue emergency use authorization following new information that shows its COVID-19 vaccine is 90% effective. The company’s authorization, which will likely be filed in the third quarter of this year, would make it the fourth to be available in the U.S. if greenlit by the U.S. Food and Drug Administration (FDA). The Phase 3 trial in the U.S. and Mexico tested the vaccine in 30,000 individuals.It’s most differentiating factor was the presence of all coronavirus… Source link

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Google health chief David Feinberg: ‘global impact’ is goal

Google is going after the health sector in a major way, but Google’s health vice president said he’s feeling more pressure to bringits health products to Google-sized scale than to bring immediate revenue to the company. David Feinberg, who joined Google in a newly-created role as VP of health two years ago, said several times Wednesday that he feels pressure to bring products to scale but that revenue isn’t a part of most of his discussions with Google higher-ups. “The real pressure is ‘is… Source link

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Tesla suspends Bitcoin car purchases citing environmental impact

Just weeks after Tesla started accepting Bitcoin as currency for cars, Elon Musk revealed in a tweet that it will “suspend” the effort. According to the release (Tesla does not appear to have a functioning press office), the company is “concerned about rapidly increasing use of fossil fuels for Bitcoin mining and transactions.”  A study last year estimated bitcoin mining used 7.46 GW of electricity on average, and the same study puts the number right now at 16.71 GW. That would represent… Source link

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Turbulent 2020, COVID-19 left ‘clear and significant impact’ on the young: Expert

A year defined by social unrest, political polarization and a global pandemic took its toll on the nation’s collective psyche, especially the young — and the effects may linger well beyond 2021, a mental health advocate told Yahoo Finance.  Throughout 2020, crisis counselors at the Crisis Text Line held 1.4 million conversations, according to the nonprofit organization, which offers free support 24-7 via text message.  In a new report, Crisis Text Line found a higher volume of nearly 3,000… Source link

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‘There’s a real issue’ with environmental impact of bitcoin

Sen. Elizabeth Warren (D-MA) has questions about cryptocurrency, including whether it takes advantage of smaller investors. The progressive senator also wonders whether bitcoin is too easy to steal. The former presidential candidate has been pushing for government intervention on both of those fronts and, in a conversation with Yahoo Finance’s editor-in-chief, Andy Serwer, this week, she raised another growing concern: the impact on the planet that has come with the rapid growth of… Source link

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How Senator Amy Klobuchar’s Antitrust Battle Against Apple’s and Google’s App Stores Could Impact Startups

Spotify, Tile, and Match Group aren’t exactly startups anymore. Neither is Epic Games, the maker of Fortnite, which last summer was valued at $17.3 billion. But these companies, which all rely on Apple and Google to host their apps, are locked in a battle with the tech giants that could trickle down to smaller companies and independent app developers. Several of these companies testified before a subpanel of the Senate Judiciary Committee on Wednesday, chaired by Senator Amy Klobuchar (D-MN),… Source link

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