Tag Archives: risk

Google warns users to quickly update Chrome to avoid hacking risk

Google warns users to quickly update Chrome to avoid hacking risk

Google has advised its users to immediately install a security update in its Chrome browser to safeguard themselves against a serious bug being actively exploited by hackers. The tech giant said it is aware of reports that an exploit for ‘CVE-2022-3075’ exists in the wild, mentioning the vulnerability as “Insufficient data validation in Mojo” reported by an… Source link

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Twitter Users at Risk?

Twitter Users at Risk?

Twitter (TWTR) whistleblower Peiter Zatko, the company’s former security chief, recently charged that the company misled regulators and is operating with security vulnerabilities. If true, the safety of Twitter users’ accounts could be in jeopardy, according to cyber threat expert Tony Anscombe (video above). “If the allegations are true, yes, there’s probably an increased risk,” said Anscombe, who’s Chief Cyber Threat Officer at Slovakia-based cybersecurity software provider ESET. This month,… Source link

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2 reasons the ‘risk of recession is getting higher and higher’: Mohamed El-Erian

2 reasons the ‘risk of recession is getting higher and higher’: Mohamed El-Erian

The risk of a recession “is getting higher and higher,” says veteran economist Mohamed El-Erian. “My definition of a recession is a holistic definition. It goes well beyond two quarters of negative GDP,” said the chief economic advisor of Allianz and former CEO of PIMCO. “The labor market is too strong. Consumer spending is too strong. Business balance sheets are too strong. We simply are not in a recession. Is the risk of recession high? Yes, it is high and getting higher,”… Source link

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Google complies with Indonesia licensing rules, others risk blocking – ministry

Google complies with Indonesia licensing rules, others risk blocking – ministry

The logo for Google LLC is seen at the Google Store Chelsea in Manhattan, New York City, U.S., November 17, 2021. REUTERS/Andrew Kelly Register now for FREE unlimited access to Reuters.com Register JAKARTA, July 21 (Reuters) – Indonesia said on Thursday Alphabet Inc’s (GOOGL.O) Google has signed up to its new licensing rules for technology platforms, but warned that companies that had yet to register would be blocked in five working days. Semuel Abrijani Pangerapan of the communications ministry… Source link

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TopGolf CEO plans to outdrive recession risk

TopGolf CEO plans to outdrive recession risk

TopGolf is to driving ranges what Pizza Planet was to pizza shops, except non-fictional. The sport of golf saw tremendous growth during the height of the pandemic drove sportspeople towards socially-distanced outdoor activities. Now, during an inflationary reality for consumers, TopGolf looks to weather a cost-conscious visitor — while replicating its driving range formula at new geographic locations. “We’re really looking everywhere globally,” TopGolf CEO Artie Starrs told Yahoo Finance… Source link

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Citi Team Downgrades US Stocks on Recession Risk, Favors China

Citi Team Downgrades US Stocks on Recession Risk, Favors China

(Bloomberg) — Citigroup Inc. strategists cut their recommendation on US stocks to neutral on the risk of a recession, joining an increasing number of banks in warning of a growth slowdown. Most Read from Bloomberg The market is showing “elements of a deflating bubble” with high uncertainty and the lack of reassurance from the Federal Reserve, strategists including Dirk Willer wrote in a May 27 note. “Given that it will likely take time for the Fed to react to equity and growth weakness,… Source link

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Recession risk is ‘increasing’ — especially for 2023

Recession risk is ‘increasing’ — especially for 2023

As the market’s downward slide continues following a hawkish Federal Reserve statement Tuesday afternoon, economists have downgraded their forecasts for the economy in 2023. “While we don’t necessarily have a recession in our forecasts, we do see the risk of a recession increasing,” said Beth Ann Bovino, Chief U.S. Economist for S&P Global Ratings. “We now have it at about 30%; we see the risk go much larger in 2023 when those cumulative rate hikes from the Fed to attack inflation… Source link

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Stock Markets Are Overpricing Recession Risk, JPMorgan Strategist Says

Stock Markets Are Overpricing Recession Risk, JPMorgan Strategist Says

(Bloomberg) — Equity investors’ anxiety about a potential recession isn’t showing up in other parts of the market, which is giving JPMorgan Chase & Co. strategist Marko Kolanovic confidence in his pro-risk stance. Most Read from Bloomberg US and European stock markets are pricing in a 70% chance that the economy will slide into recession in the near-term, according to estimates by JPMorgan’s top-ranked strategist. That compares with a 50% chance priced into the investment-grade debt… Source link

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Russia faces increased risk of default as key US sanction exemption expires in May

Russia faces increased risk of default as key US sanction exemption expires in May

Sanctions on Russia have effectively isolated Vladimir Putin’s country from the global economy, with the country at increased risk of not being able to pay its bills. The major credit rating agencies have begun the process of declaring the country in default, which generally refers to a government unable to meet obligations on its debt. The agencies add that further sanctions at the end of May will further ratchet up pressure on Russia. On Friday, S&P Global Ratings downgraded Russia’s… Source link

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Overheating job market has raised the risk of recession meaningfully, warns Goldman Sachs

Overheating job market has raised the risk of recession meaningfully, warns Goldman Sachs

Goldman Sachs isn’t yet ready to join the chorus of its peers in calling a U.S. recession, but it sure appears to be inching closer to that frenzied camp. “We do put some weight on the historical patterns [of the labor market] and believe that the overheating of the labor market has raised the risk of recession meaningfully. The yield curve seems to discount a recession probability in 2023 of about one in three, roughly double the unconditional average, and we would broadly concur with this… Source link

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