May 10, 2024 2:16 AM | 2 minute read |
A 20-year professional trader reveals his “money line”
Ditch the indicator and use “MoneyLine”. Simple lines take the guesswork out of knowing when to buy or sell. This is the line on the chart that helped Nic Chahine earn his 83% of option purchases. Here's how he does it.
The House Homeland Security Committee requested: Microsoft Corporation (NASDAQ:MSFT) President brad smith To appear at a hearing regarding cybersecurity concerns.
what happened: The committee is seeking testimony from Smith regarding a recent security breach that compromised the email accounts of senior U.S. government officials, CNBC reported. A hearing is scheduled for May 22 in Washington.
Microsoft, the world's most valuable publicly traded company, is a prime target for cyberattacks because its email software is widely used by businesses and government agencies.
The breach in question was disclosed by Microsoft last summer and involved email accounts belonging to senior U.S. officials, including the Secretary of Commerce. Gina RaimondoCongressman. don bacon (R-Nebraska), U.S. Ambassador to China nicholas burns.
Despite the committee's request, Microsoft has not confirmed Smith's attendance. A Microsoft spokesperson said: “We are always committed to providing Congress with information important to our national security, and we look forward to discussing specifically when and how best to do so.” said.
Last week, Microsoft's CEO Satya Nadella A memo to employees emphasized security as a priority. The company unveiled operational adjustments aimed at addressing deficiencies identified in an independent federal commission's report.
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why is it important: Microsoft is under intense scrutiny for its cybersecurity measures. The company also faced a new cyberattack in January, when Russian intelligence accessed the email accounts of some executives.
In early May, Microsoft announced a major change to its cybersecurity strategy, tying executive compensation to anti-hacking milestones. The move followed criticism that the company failed to prevent serious attacks.
Smith, the president of Microsoft, has been a vocal advocate of the importance of cybersecurity. In a recent interview, he emphasized the need for human control of AI to prevent its weaponization.
Despite these efforts, Microsoft's security culture has come under fire. A report by the U.S. Cyber Safety Review Board found that the company's security practices need to be reviewed. The upcoming hearing will be an opportunity for Mr. Smith to address these concerns and outline Microsoft's plans to strengthen its cybersecurity efforts.
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A 20-year professional trader reveals his “money line”
Ditch the indicator and use “MoneyLine”. Simple lines take the guesswork out of knowing when to buy or sell. This is the line on the chart that helped Nic Chahine earn his 83% of option purchases. Here's how he does it.
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