China-backed hackers have maintained access to American critical infrastructure for “at least five years” with the long-term goal of launching “destructive” cyberattacks, a coalition of U.S. intelligence agencies warned on Wednesday. Volt Typhoon, a state-sponsored group of hackers based in China, has been burrowing into the networks of aviation, rail, mass transit, highway, maritime, pipeline, […]
Senate hearing with five social media CEOs was a missed opportunity
Five social media CEOs were sworn in on Wednesday for what could have been the most eventful children’s online safety hearing yet. But even with some of tech’s most powerful figures under oath, the four-hour hearing was anti-climactic. The Senate subpoenaed recently appointed X CEO Linda Yaccarino, Discord’s Jason Citron and Snap’s Evan Spiegel to […]
Celebrating Joe Frazier’s 80th birthday: Smokin’ Joe’s five greatest hits
“They don’t make them like that anymore!” Often perfumed by nostalgia, it’s a phrase you hear often when it comes to great sportsmen. However, in the case of former heavyweight champion of the world Smokin’ Joe Frazier, it’s every bit as accurate as his signature left hook. Frazier would have turned 80 years old today. […]
Swiss National Bank Trials CBDC in Transactions With Five Banks
The Swiss National Bank has successfully employed a wholesale CBDC to settle transactions with five commercial banks, the monetary authority announced. The tests are part of an experiment carried out together with the Bank for International Settlements and Switzerland’s financial services provider SIX. Swiss Central Bank Tests Integration of Wholesale CBDC Settlement With Private Banks […]