Author: Max Smith
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(Bloomberg) — When executives announced plans in 2021 to build the world’s largest carbon capture and storage project in the heart of the U.S. grain belt, they thought their pitch was convincing. The venture soon gained the backing of energy billionaire Harold Hamm by capturing, transporting, and trapping emissions from ethanol plants in the upper Midwest, helping the corn industry turn into lucrative new products like low-carbon jet fuel. It will enable them to compete in the market.Most Read Articles on BloombergThings didn't go as planned. After a backlash from regulators and vocal opposition from farmers who wanted no access…
April 13, 2024news roomCyber Impact/War The U.S. Treasury Department's Office of Foreign Assets Control (OFAC) on Friday announced sanctions against Hamas officials for their involvement in cyber influence operations. Hudayfa Samir Abdallah al-Qalut, 39, also known as Abu Ubaydah, has been the spokesperson for Hamas' military wing, Izz al-Din al-Qassam Brigades, since at least 2007. “Hamas has publicly threatened to execute civilian hostages taken after the terrorist organization's attack on Israel on October 7, 2023,” the Treasury Department said in a statement. “Mr. Al-Qalut heads the Cyber Impact Division of the Al-Qassam Brigades. He is responsible for working with Iranian…
The oversupply of natural gas (NG=F) in the US has caused natural gas prices to fall to multi-decade lows, dropping 43% over the past year.Prices at Waha Hub, a major trading spot in West Texas, were negative for much of March and into April, according to government data released this week. So the producer essentially paid someone to take it off their hands.The phenomenon highlights challenges that have plagued West Texas' Permian Basin for years. It has large amounts of natural gas and not enough capacity to transport goods outside the region.”The domestic natural gas market has plenty of supply…
For technology enthusiasts, there has been no hotter topic this past year than artificial intelligence. The size of the industry around AI is exploding, and as we've heard in recent news, Westchester is making AI a focus of his business this year. This will significantly change certain industries, one of which is the ever-growing field of cybersecurity. So what changes are expected and how will Westchester benefit from investment in the area? Fundamentals of Cyber Security Most cybersecurity activities occur completely behind the scenes, with only minimal activity visible to the public on a regular basis. Most users only see…
The widespread adoption of artificial intelligence (AI) and machine learning techniques in recent years has given attackers “sophisticated new tools to carry out attacks,” cybersecurity firm Kaspersky Research said in a press release on Saturday. mentioned in.The security firm explained that one such tool is a deepfake, which includes a generated human-like voice or a replica of a person's photo or video. Kaspersky warned that businesses and consumers need to be aware that deepfakes may become more of a concern in the future.Deepfakes (a portmanteau of the words deep learning and fake) are the creation of “fake images, videos, and…
About seven years ago, Clark University's technology lab was hacked. Now, students in the university's new cybersecurity degree program are learning how to defend against similar attacks here. According to Statista's Market Insights, cyberattacks have become so common that people are becoming immune to them, even though cyberattacks are predicted to cost $9.22 trillion this year. It has become a feeling. Businesses now view responding to cyberattacks as a normal operating cost. “It has become…a commercial criminal enterprise,” said Dwight Hughes, director of Clark University's cybersecurity program. Rebound Orthopedics and Neurosurgery is the latest local company to fall prey to…
Establishing proper tax withholding is both an art and a science.If you withhold too much, you'll end up paying too much throughout the year and the government will give you an interest-free loan. Too little means you're stuck paying taxes. The average tax refund this year was more than $3,000 as of March, an increase of 4.8% from last year, according to IRS data.Whether it's too much or too little, you can adjust your withholding now to set the right amount for next year. Here are some expert tips on how to do it.What is tax withholding?“Withholding is an advance…
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Next article The security of two crypto exchanges was breached What's the story? Shakib Ahmed, an experienced cybersecurity expert, was sentenced to three years in prison for stealing an estimated $12 million worth of digital currency. The U.S. Attorney for the Southern District of New York announced the verdict via press release on Friday. According to prosecutors, Ahmed was reportedly detained last year after breaching the security of two cryptocurrency exchanges. Mr. Ahmed's professional background and victims At the time of his arrest, authorities described Mr. Ahmed as a “senior security engineer at an international technology company.” His LinkedIn profile…