Category Archives: Uncategorised

Facebook’s Zuckerberg Said to Agree to Testify Before Congress Over Data Privacy

Facebook’s Zuckerberg Said to Agree to Testify Before Congress Over Data Privacy Photo Mark Zuckerberg, the chief executive of Facebook, plans to testify before the House Energy and Commerce Committee in April, people familiar with his decision said. Credit Mandel Ngan/Agence France-Presse — Getty Images WASHINGTON — For 10 days, Mark Zuckerberg, Facebook’s chief executive, has been under increasing pressure from lawmakers and regulators to answer questions about the improper harvesting of data of 50 million Facebook users by a British political consulting firm, Cambridge Analytica.
Now Mr. Zuckerberg plans to go to Washington to explain himself.
The chief executive has agreed to testify in at least one congressional hearing over the social network’s handling of customer data, according to people familiar with the decision. Specifically, he plans to appear next month before the House Energy and Commerce Committee, said the people, who asked not to be identified because the arrangements..

Breitbart, Facing Headwinds, Tries a New Tack: Live Events

Breitbart, Facing Headwinds, Tries a New Tack: Live Events Photo Alexander Marlow, the editor in chief of Breitbart, said a public forum next month on privacy and technology, featuring Ann Coulter and others, was “the latest evolution in how to consume Breitbart content.” Credit C-Span Breitbart News is taking a step into the live events business.
Following the lead of other media companies seeking fresh sources of revenue, the right-wing news and opinion site is set to host its first-ever town hall in suburban New Orleans next month, a panel on privacy and technology with the commentator Ann Coulter and Peter Schweizer, the author of “Clinton Cash.”
It’s an experiment for a site that has lately been confronting declining web traffic and turbulence in its top ranks. Stephen K. Bannon, the site’s longtime executive chairman, was forced out in January. Its page views last month were down by nearly half from a year earlier, according to the data-tracking firm comScore, though Breitbart di..

Boeing Possibly Hit by ‘WannaCry’ Malware Attack

Boeing Possibly Hit by ‘WannaCry’ Malware Attack Photo Boeing played down the cyberattack, saying it was limited in scope and that it had not affected the company’s production lines. Credit Matthew Ryan Williams for The New York Times Boeing said on Wednesday that it was hit by a cyberattack that some Boeing executives identified as the same WannaCry computer virus that struck thousands of computer systems in more than 70 countries around the world last year.
In an internal memo, Mike VanderWel, chief engineer of Boeing Commercial Airplane production engineering, said the attack was “metastasizing” and he worried it could spread to Boeing’s production systems and airline software.
“We are on a call with just about every VP in Boeing,” Mr. VanderWel wrote. The memo called for “All hands on deck.”
WannaCry is a particularly vicious form of what is known as ransomware — malware that locks up victims’ computers and data with encryption, until attackers’ extortion demands are met, often in ..

Car industry issues fresh Brexit warning as one-year countdown looms

With one year to go until the UK departs the EU, the trade association for the car sector has issued a fresh ferocious Brexit warning, cautioning that a cliff edge – even after the agreed transition period – would be disastrous for one of Britain’s most important industries.
The Society of Motor Manufacturers and Traders (SMMT) said on Wednesday that while the recently established transition deal between the UK and the EU “provides some welcome breathing space” the industry still needs to see rapid progress and clarity on many fronts.
The UK’s continued ability to trade freely with the EU – which is its largest trading partner – is essential, the SMMT said, but so are the local conditions under which manufacturers and developers operate.
Read more UK car production slides as Brexit erodes confidence “Business rates, capital allowances and energy costs, for instance, must all be globally competitive; training and skills for a productive workforce must focus on new technologies and..

UK employers become slightly more confident about hiring, survey shows

A survey conducted before the Brexit transition deal was struck shows 28 per cent of businesses felt more confident about hiring workers
UK employers turned slightly more confident about hiring staff between December and February, according to a survey conducted before Britain struck a Brexit transition deal between the European Union.
The Recruitment and Employment Confederation (REC) said 28 per cent of companies expected to become more confident about hiring workers, compared with 19 per cent who said less.
The survey of 600 companies was conducted between 24 November and 28 February.
Read more Number of EU workers actively searching for jobs drops since Brexit This month Brussels agreed a political, if not yet legal, deal to let Britain stay in the bloc’s single market – but without a vote – for 21 months after Brexit next March.
“The announcement that EU workers who arrive in the transition period can stay is a positive step, but businesses need to know what access they’ll..

Tech Tip: Starting Fresh With Firefox

Starting Fresh With Firefox Q. After many years, I started using the Firefox browser again, and the start page for this new version is covered with links and icons. Can I change it?
A. Mozilla, which released Firefox 1.0 in 2004, significantly overhauled the browser last year and named it Firefox Quantum. In addition to retooling the software to make it faster and use less of the computer’s memory than previous versions, the program got a bit of a visual redesign, including a new look for the New Tab page.
The first row of the New Tab page displays icons for the “Top Sites” you visit frequently or have used recently. If you have specific sites you would like to pin to the page or remove from view, you can customize the Top Sites collection. Just move the cursor over the top-right corner of an icon and click to get a menu of options.
Photo Use the menu on the Firefox New Tab page to pin, remove and edit your shortcuts to favorite and frequently visited sites. Credit The New York Times..

'Extreme' fossil fuel investments soar to $115bn under Donald Trump presidency, report reveals

Finance for controversial and highly polluting tar sands projects more than doubled to $47bn in 2017
Funding from big banks for “extreme” fossil fuels jumped by 11 per cent to $115bn (£81bn) in the first year of Donald Trump’s presidency, new research shows.
Finance for controversial and highly polluting tar sands projects more than doubled to $47bn in 2017, a report by a group of environmental NGOs found.
Extreme fossil fuels include those that contribute the most to climate change such as Arctic oil drilling, ultra-deepwater oil extraction, liquefied natural gas export, and coal mining and power.
Read more Bank financing of extreme fossil fuel soars, report reveals While several European banks, including ING and BNP Paribas, pledged last year to cut financing for unconventional fossil fuels, North American banks ramped up their funding, particularly in Canada, the research found.
This reversed much of the progress made on reducing investment in the most carbon-intensive foss..

Startup founder who was rejected 148 times before raising almost £21 million made two small changes to get investors excited

A different type of entrepreneur might have given up.
And after 148 rejections from investors, no one would have faulted her for throwing in the towel.
But if there's one thing Kathryn Minshew values, it's perseverance – when one approach doesn't work, she's ready to try another.
Read more 9 best books for entrepreneurs Man brings in over $1 million a year running a marijuana B&B Vegan food startups are taking over London ​Minshew is the cofounder and CEO of job-search and career-advice site The Muse. At this point, she and her colleagues have raised nearly $30 million.
But as Minshew told CFP Bobbi Rebell on an episode of the podcast “Financial Grownup,” the site had a rocky start, fielding one “no” after another during their seed round of investing.
In their Series A round, Minshew told Rebell, she was more deliberate about the way she pitched investors. She found that two strategies in particular helped her.
1. She pinned all of her first meetings with in..