U.S. authorities have flagged the U.S. financial system, a central pillar in the U.S. sanctions regime, as an attractive target, and officials and security experts have warned for weeks about the possibility of retaliatory cyberattacks from Russia.
Bill Browder is the founder and CEO of Hermitage Capital, which advised the largest foreign investment fund in Russia — until 2005. Browder is also the author of “Red Notice” detailing his expulsion from Russia and the arrest, torture and then death of his attorney, Sergei Magnitsky, who was being held in Russian custody.
Since then, Russian President Vladimir Putin has issued several arrest warrants for Browder, accusing him of financial fraud. However, Interpol deemed each attempt as politically motivated and rejected Putin’s calls for him to be extradited to Russia. Browder was arrested once in Europe, but was released hours later after Interpol declared the charges political.
Continue reading “Bill Browder says only Putin can end war after losing ‘bet’ | NewsNation” »
Decentralizing talent
More than 50 million creators are driving their own economy of talent, attracting in excess of $800 million in venture capital. Such figures are but a shadow of what they can become later, as new venues are rapidly becoming available.
The development of blockchain technologies has resulted in a sweeping revolution across financial markets, empowering individuals instead of institutions and channeling ownership of data and funds to their holders. The qualities of the blockchain — immutability, full transparency and the trustless nature of operations — have permeated many industries, swooning the balance of business orientation from centralized corporate reliance to decentralization. This shift in the basic concepts that govern relations between participants to transactions, facilitated by smart contracts, has not gone unnoticed in the creator economy.
The ‘Escobar’ malware has so far targeted customers from 190 financial institutions across 18 different countries. Specific details related to the country and institutions have not been revealed.
As the U.S. corporate world continues its withdrawal from Russia due to the invasion of Ukraine, a growing stigma against anything Russian is reverberating in Silicon Valley as tech start-ups and venture capital firms reassess their exposure and limit risks.
DoorDash and GrubHub recently cancelled deals with now-shut U.S. food delivery start-ups launched by Russian founders. The Massachusetts Institute of Technology pulled out of a multi-year partnership with Moscow’s Skolkovo Institute of Science and Technology, while Index Ventures halted further deals in the country.
For Silicon Valley, the issues with Russian business run to the heart of immigrant founder-led culture and a global world of institutional investors that in recent years sought more access to top VC ideas.
This video covers the world in 2,300 and its future technologies. Watch this next video about the world in 2200: https://bit.ly/3htaWEr.
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SOURCES:
• https://www.futuretimeline.net.
• The Future of Humanity (Michio Kaku): https://amzn.to/3Gz8ffA
• The Singularity Is Near: When Humans Transcend Biology (Ray Kurzweil): https://amzn.to/3ftOhXI
• Physics of the Future (Michio Kaku): https://amzn.to/33NP7f7
• https://science.howstuffworks.com/science-vs-myth/everyday-m…tation.htm.
Continue reading “The World in 2300: Top 9 Future Technologies” »
Last summer, at a time when the pandemic had strained many people’s finances, inflation was rising and unemployment was still high, the sight of the richest man in the world joyriding in space hit a nerve. On July 20 Amazon founder Jeff Bezos rode to the edge of space onboard a rocket built by his company Blue Origin. A few weeks earlier ProPublica had revealed that he did not pay any income taxes for two years, and in other years he paid a tax rate of just 0.98 percent. To many watching, it rang hollow when Bezos thanked Amazon’s workers, whose low-paid labor had enriched him enough to start his own rocket company, even though Amazon had quashed workers’ efforts to unionize several months before. The fact that another billionaire, Richard Branson, had also launched himself onboard his own company’s rocket just a week earlier did not help.
COVID changed many people’s willingness to shrug off the excesses of the rich. The pandemic drew an impossible-to-ignore distinction between those who can literally escape our world and the rest of us stuck on the ground confronting the ills of Earth: racism, climate change, global diseases. Even several members of Congress expressed their disapproval of Bezos. “Space travel isn’t a tax-free holiday for the wealthy,” said Representative Earl Blumenauer of Oregon. Bezos and Branson putting the spotlight on themselves as passengers served to downplay the work that hundreds of scientists and engineers at Blue Origin and Virgin Galactic had put into designing, building and testing their spacecraft. It also masked the reality that advances in private spaceflight really could eventually pay off in greater access to space for all and more opportunities for scientific research that could benefit everyone. All their flights did was give the impression that space—historically seen as a brave pursuit for the good of all humankind—has just become another playground for the 0.0000001 percent.
US airlines have begun to scale back the number of flights they are offering to customers, citing the skyrocketing cost of fuel that has been exacerbated by the Russian invasion of Ukraine.
Alaska Air said it will reduce its offerings by as much as 5% in the first half of this year citing “the sharp rise in fuel costs.” Allegiant Airlines will cut flights by somewhere between 5% and 10% in the second quarter, the company’s chief financial officer said.
Allegiant’s financial chief said the company plans to scale back its flight schedule primarily during times of weaker demand. His comments were reported by Bloomberg News.
Details have been disclosed about a now-addressed critical vulnerability in Microsoft’s Azure Automation service that could have permitted unauthorized access to other Azure customer accounts and take over control.
“This attack could mean full control over resources and data belonging to the targeted account, depending on the permissions assigned by the customer,” Orca Security researcher Yanir Tsarimi said in a report published Monday.
The flaw potentially put several entities at risk, including an unnamed telecommunications company, two car manufacturers, a banking conglomerate, and big four accounting firms, among others, the Israeli cloud infrastructure security company added.
Bitcoin and cryptocurrencies have been pushed into the spotlight over the last week as global financial sanctions on Russia come into force.
The bitcoin price had bounced higher on expectations sanctioned Russians could turn to bitcoin and crypto but fell back as following comments from Fed chair Jerome Powell.
