More than 1,600 offshore oil and gas facilities belonging to the United States are at “increasing” and “significant” risk of cyberattacks, and as such must be properly protected, a new report has said. The warning from the US Government Accountability Office (GAO) comes in a report submitted to the US Congress, adding that these facilities,…
Monthly Archives: November 2022
Patrick Pleul/Picture Alliance via Getty Images Elon Musk laid off half of Twitter’s staff. But he’d originally planned to cut even more, per Platformer. After he was advised against making bigger cuts, he instead issued staff an ultimatum. Staff were told to sign up to “long hours at high intensity” or lose their jobs. Elon…
Photo by PATRICK T. FALLON/AFP via Getty Images Cathie Wood’s ARK Invest bought over 1.3 million shares of Coinbase this month, per Bloomberg. Coinbase is trading near record lows of about $41 per share, down from a high of $429 in April 2021. In total, Wood’s Ark holds about 8.7 million shares of Coinbase, or…
A cargo ship berths at a container dock of the Port of Antwerp-Bruges in Antwerp, Belgium, October 27, 2022 Zheng Huansong/Xinhua via Getty Images Belgium has seized so much cocaine at its ports that it can’t incinerate it fast enough, a minister said. Antwerp’s port is expected to have seized 110 tons of cocaine by…
Dima Berlin/ Getty Images Norma M. worked two remote jobs during the pandemic. The experience helped her get a foot into the publishing industry, but she wouldn’t try it again. Here’s Norma’s story, as told to Lakshmi Varanasi. I studied creative writing in college with a dream of one day working at a major publishing…
Traders work on the floor of the New York Stock Exchange (NYSE) Spencer Platt/Getty Images US stocks edged higher on Tuesday as investors turn their attention to the December Fed meeting.Investors are looking to recent comments from Fed presidents Loretta Mester and Mary Daly for clues about the next rate hike.Market consensus currently expects a…
Russian President Vladimir Putin. REUTERS/Shamil Zhumatov Russia’s Gazprom said it may cut off flows to Europe via a pipeline in Ukraine as soon as next week. The route is the last remaining pipeline bringing Russian natural gas to western Europe, upping tensions ahead of the winter. Dutch TTF futures, the European benchmark for natural gas,…
Jeremy Siegel. CNBC/Getty Images Jeremy Siegel says the US inflation threat is receding and the economy is weakening. The Wharton professor expects US labor and housing markets to soften in the months ahead. Siegel predicts the Fed will pivot from hiking interest rates to cutting them to 2% next year. Jeremy Siegel has warned the…
“Avatar” (2009). 20th Century Fox James Cameron told an executive who wanted “Avatar” to be shorter to “get the fuck out of my office.” “I think this movie is going to make all the fucking money,” Cameron said he told the exec. “Avatar” was 162 minutes long and is the highest-grossing movie ever. Filmmaker James…
Mark Makela/Reuters Black Friday is approaching, and that means it’s time to start planning. While many people’s first instinct is to shop Black Friday deals online, you may prefer to snag your gifts in person. To help you get ready for the biggest shopping event of the season, we’ve looked at the top retailers in…
