Google announces $1 billion additional investment in housing across Bay Area

Google announces $1 billion additional investment in housing across Bay Area

(Reuters) - Alphabet Inc’s Google on Tuesday announced an additional $1 billion investment in housing across the San Francisco Bay Area. Google said over the next 10 years, it would repurpose at least $750 million of its land, most of which is currently zoned for
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huawei

U.S. chipmakers quietly lobby to ease Huawei ban

SAN FRANCISCO/WASHINGTON (Reuters) - Huawei’s American chip suppliers, including Qualcomm and Intel, are quietly pressing the U.S. government to ease its ban on sales to the Chinese tech giant, even as Huawei itself avoids typical government lobbying, people familiar with the situation said. Executives from
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Attackers are actively exploiting a recently disclosed vulnerability in Oracle WebLogic to install a new variant of ransomware called “Sodinokibi.” Sodinokibi attempts to encrypt data in a user’s directory and delete shadow copy backups to make data recovery more difficult. Oracle first patched the issue on April 26, outside of their normal patch cycle, and assigned it CVE-2019-2725. This vulnerability is easy for attackers to exploit, as anyone with HTTP access to the WebLogic server could carry out an attack. Because of this, the bug has a CVSS score of 9.8/10. Attackers have been making use of this exploit in the wild since at least April 17….

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NYT

Hit by Ransomware Attack, Florida City Agrees to Pay Hackers $600,000

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MIAMI — The leaders of Riviera Beach, Fla., looking weary, met quietly this week for an extraordinary vote to pay nearly $600,000 in ransom to hackers who paralyzed the city’s ...
Accenture

Bank investments in technology not yet driving significant revenue growth: Accenture

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NEW YORK (Reuters) - The $1 trillion invested by traditional banks globally over the past three years to improve their technology has not yet delivered the revenue growth that had ...
Tech Crunch

Libra currently looks more like a fiat currency than a cryptocurrency

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Facebook unveiled a cryptocurrency called Libra yesterday as well as the Libra Association, a not-for-profit that will oversee all things Libra. While Libra’s white paper draws a lot of inspiration from other cryptocurrencies, the current ...