Tag Archives: warns

Wharton’s Jeremy Siegel warns that stocks could drop 10% as soon as December — hold fast with these 3 ‘conservative’ tech picks The stock market could suffer a 10% correction as early as December if the Federal Reserve starts cracking down on inflation, a respected author and professor of finance says. With inflation hitting a 30-year high of 6.2% in October, Jeremy Siegel expects the Fed will finally roll up its sleeves at its next meeting. That could mean the end of low interest… Source link

Cryptocurrency miners are using hacked Google Cloud accounts for computationally-intensive mining purposes, Google has warned. The search giant’s cybersecurity team provided details of the security breach in a report published Wednesday. The so-called “Threat Horizons” report aims to provide intelligence that allows organizations to keep their cloud environments secure. “Malicious actors were observed performing cryptocurrency mining within compromised Cloud instances,” Google wrote in an Source link

Cryptocurrency miners are using compromised Google Cloud accounts for computationally-intensive mining purposes, Google has warned. The search giant’s cybersecurity team provided details in a report published Wednesday. The so-called “Threat Horizons” report aims to provide intelligence that allows organizations to keep their cloud environments secure. “Malicious actors were observed performing cryptocurrency mining within compromised Cloud instances,” Google wrote in an executive summary of… Source link

Cyberhackers are using compromised cloud accounts to mine cryptocurrency, Google has warned. Details of the mining hack are contained in a report by Google’s cybersecurity action team, which spots hacking threats against its cloud service – a remote storage system where Google stores customers’ data and files off-site – and gives advice on how to tackle them. Other threats identified by the team in its first “threat horizon” report include: Russian state hackers attempting to gain… Source link

Sea levels will continue to rise over the next century as a result of climate change, and this could drastically alter the lives of the 127 million people in the U.S. who live in coastal areas. “We do need to back away from the coast,” Christian Braneon, a climate scientist at NASA’s Goddard Institute for Space Studies, said at Yahoo Finance’s All Markets Summit (video above). “And I think what we need to do is actually proactively set up areas with affordable housing before the real… Source link

Google on Thursday warned some customers that antitrust bills targeting the tech giant could jeopardize the services small businesses rely on. Why it matters: By turning to its customers, Google could drum up opposition from small businesses that may give lawmakers pause in advancing legislation. Driving the news: Google is emailing small and medium sized businesses that use its advertising, analytics and free business profile tools, to tell them antitrust bills in the House and Senate could… Source link

(Bloomberg) — A collapse in shares of Snap Inc. dragged technology companies exposed to digital advertising lower late on Thursday after the owner of the Snapchat app warned that customers are cutting back on ad spending. Most Read from Bloomberg Facebook Inc. and Twitter Inc. were among the biggest decliners, with each at one point sinking more than 6% in postmarket trading. Google-parent Alphabet Inc. slid 2.8%. Snap cited customers’ supply chain problems and Apple Inc.’s data… Source link

Google has warned of a surge in activity by government-backed hackers this year, including attacks from an Iranian group whose targets included a UK university. The search group said that so far in 2021 it had sent more than 50,000 warnings to account holders that they had been a target of government-backed phishing or malware attempts. This represents an increase of a third on the same period last year, Google said in a blogpost, with the rise attributed to an “unusually large campaign”… Source link

While cryptocurrency has the ability to improve the global payment system, digital coins still pose considerable challenges to market conditions worldwide, the International Monetary Fund warned in a new report on Tuesday. In its latest Global Financial Stability Report, the fund stated that risks stemming from the booming crypto trading and the proliferation of digital coins “appear contained for now,” but they should be monitored closely. As crypto grows in adoption, the potential impact… Source link

Former President Donald Trump weighed in on the booming cryptocurrency movement, reiterating his concerns that rapidly proliferating digital coins pose a threat to the U.S. dollar’s (DX-Y) status as a global reserve currency. In fact, Trump believes that China’s recent move to ban crypto is a warning shot to the U.S. to protect its currency, he told Yahoo Finance in a wide-raging interview about the economy, and his potential aspirations for the next general election. He added that Chinese… Source link