Lifeboat Foundation

Some of the biggest names in technology, media and finance have gathered this week in Sun Valley, Idaho, for the latest edition of the annual conference hosted by Allen & Company, a private investment bank. The event has been dubbed the “summer camp for billionaires” due to its guest list.

Facebook CEO Mark Zuckerberg, Apple CEO Tim Cook and Microsoft co-founder Bill Gates are reportedly among those who have been spotted at this year’s event, which began Tuesday and concludes on July 10.

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Breaking — Branson Beats Bezos to Space! Some history of the Virgin Galactic propulsion development, flight analysis and more background with Tim Pickens.

Tim Pickens is an entrepreneur, inventor, innovator, engineer and educator. He specializes in commercial space, technical product development and solutions, and business consulting and strategy for space and technical companies. Pickens’ 25+ years of experience in the aerospace industry, specializing in the design, fabrication and testing of propulsion hardware systems, has earned him a reputation as one of the industry’s leaders in these areas. Early in his career, Pickens served as propulsion lead for Scaled Composites on SpaceShipOne, winner of the $10 million Ansari X Prize. He also worked for small hardware-rich aerospace companies in Huntsville, and later supported the Virgin Galactic’s SpaceShipTwo venture.

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World Economic Forum Founder Klaus Schwab opens Cyber Polygon 2021 with a warning: “A lack of cybersecurity has become a clear and immediate danger to our society worldwide.”

Giving the welcoming remarks at Cyber Polygon for the second year in a row, Schwab spoke at length about the World Economic Forum’s (WEF) desire to tackle cybersecurity by bringing together a closer merger of corporations, small businesses, and governments.

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These attacks — along with news of several high-profile data breaches linked to the Russian government-backed hack of American software company SolarWinds, including at tech titans like Microsoft — have prompted questions about how these attacks have occured, and how to better guard against them.

State and local leaders testified June 17 before the Senate about how cyber threats they face have grown. And along with the increased penalties for cybercriminials included in a bipartisan Senate infrastructure package, a second bipartisan Senate bill would require public and private entities to report cybersecurity breaches to the government within 24 hours, as well as add liability protections to help encourage businesses to come forward.

Here’s what you should know as debate over cybersecurity and how to fight ransomware continues.

Such changes, multiplied across thousands of businesses in dozens of industries, could significantly change workers’ prospects. Professor Warman, the Canadian economist, said technologies developed for one purpose tend to spread to similar tasks, which could make it hard for workers harmed by automation to shift to another occupation or industry.

The need for social distancing led restaurants and grocery stores to seek technological help. That may improve productivity, but could also cost jobs.

In some cases, chain reactions fed more widespread disruption.

The Swedish Coop grocery store chain had to close hundreds of stores on Saturday because its cash registers are run by Visma Esscom, which manages servers for a number of Swedish businesses and in turn uses Kaseya.

Brett Callow, a ransomware expert at the cybersecurity firm Emsisoft, said he was unaware of any previous ransomware supply-chain attack on this scale.

Businesses around the world rushed Saturday to contain a ransomware attack that has paralyzed their computer networks, a situation complicated in the U.S. by offices lightly staffed at the start of the Fourth of July holiday weekend.

It’s not yet known how many organizations have been hit by demands that they pay a ransom in order to get their systems working again. But some cybersecurity researchers predict the attack targeting customers of software supplier Kaseya could be one of the broadest ransomware attacks on record.

It follows a scourge of headline-grabbing attacks over recent months that have been a source of diplomatic tension between U.S. President Joe Biden and Russian President Vladimir Putin over whether Russia has become a safe haven for cybercriminal gangs.

We know less about the planet’s seabed than we do about the surface of the Moon or Mars. By the end of the decade, scientists are hoping to create a detailed map of these unexplored, submerged territories. They’ve already uncovered some spectacular features.

#Oceans #Moonshot #BloombergQuicktake.
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The US power grid needs all of support it can get. Sad that some would stand in the way of progress.

There is no love lost between the notorious Koch brothers and the nation’s railroad industry, and the relationship is about to get a lot unlovelier. A massive new, first-of-its-kind renewable energy transmission line is taking shape in the Midwest, which will cut into the Koch family’s fossil energy business. It has a good chance of succeeding where others have stalled, because it will bury the cables under existing rights-of-way using railroad rights-of-way and avoid stirring up the kind of opposition faced by conventional above-ground lines.

The Koch brothers and their family-owned company, Koch Industries, have earned a reputation for attempting to throttle the nation’s renewable energy sector. That makes sense, considering that the diversified, multinational firm owns thousands of miles of oil, gas, and chemical pipelines criss-crossing the US (and sometimes breaking down) in addition to other major operations that depend on rail and highway infrastructure.

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