Monthly Archives: October 2022

Most of us really want connected cars to have proper security protection, White House finds

Cars are getting “smarter”, and people who intend on using these vehicles want them to have proper cybersecurity protections, according to a new report by BlackBerry. The report, commissioned by the White House, sought to learn about people’s thoughts on Internet of Things (IoT) devices and cybersecurity protections for such devices, in preparation for the…

Zelenskyy says Russia wired a hydroelectric dam to explode and flood 80 towns in region it may have to abandon

A satellite image marked up by Insider shows the Kakhovka dam and the surrounding region in Kherson Oblast, Ukraine, October 18, 2022. European Union/ Copernicus Sentinel-2 L2A/Handout via Reuters / Insider Ukraine accused Russia of planting mines along a key hydroelectric dam. Zelenskyy said Russia may blast the dam and cause a great flood it…

Elon Musk complimented a top Putin official ally for trolling Liz Truss, and got invited to Moscow

Elon Musk’s Twitter account is displayed on the screen of an iPhone on April 26, 2022 in Paris, France. Chesnot/Getty Images Elon Musk praised a Putin ally for trolling the UK’s prime minister over her resignation.  He also brought up a region in Ukraine where Russia is successfully pinning down its enemies.  Musk has been…

A renowned musician says he was kicked off a flight because he brought his cello on board — even though he’d bought an extra ticket for it

Santiago Cañón-Valencia said he bought a business-class seat and an extra seat ticket for the cello. FG/Bauer-Griffin / Contributor/Getty Images A renowned cellist says he was kicked off a flight because he brought his instrument on board. Santiago Cañón-Valencia said he bought a business-class seat and an extra seat for the cello. He said the…

Fundstrat’s Tom Lee says the Fed could pause its rate hikes next year – and suggests stocks may rebound in the months ahead

Fundstrat’s Tom Lee. Photo by Cindy Ord/Getty Images for Yahoo The Fed is gearing up to pause interest rate hikes by next year, Fundstrat’s Tom Lee said Thursday.  There’s a possibility the Fed will “take a look around” after two big rate hikes by year-end.  Lee told CNBC that investors who think stocks will go…

Ex-Treasury chief Larry Summers sees interest rates peaking above 5% – and says markets have priced in most of this hiking cycle

Larry Summers. NICHOLAS KAMM/AFP via Getty Images  Larry Summers expects the Federal Reserve to keep raising interest rates to north of 5%. A surge in inflation expectations means markets are largely pricing in further rate hikes, he said. The ex-Treasury chief has warned inflation poses a graver threat to the US economy than painful rate…

The Morning After: Elon Musk reportedly wanted to lay off most of Twitter’s employees

According to a report from The Washington Post, Musk has told prospective investors he plans to axe 75 percent of Twitter’s 7,500-member staff upon completion of the deal, a move that would likely kneecap its ability to moderate content and ensure users’ security. Internal documents obtained by The Post reveal that, prior to the Musk…