British security agency finds flaw in Microsoft Windows system

The British National Cyber Security Centre (NCSC) has discovered a severe flaw that would affect Microsoft’s Windows system, including the latest Windows 10, an online report said.

The NCSC found the vulnerability when it was reviewing antivirus solutions after concerns about a Russian antivirus software, which was allegedly involved in cyber-spying operations, according to the report on a Romanian website on the information technology industry and software.

The security flaw is described as a remote code execution bug that would allow an attack to take full control of an unpatched system.

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Uber fights for London survival in court

 

Uber will defend its right to operate in London in a court hearing on Monday after the app was deemed unfit to run a taxi service and stripped of its license in its most important European market.

Regulator Transport for London (TfL) shocked the Silicon Valley firm by rejecting its license renewal bid in September, citing its approach to reporting serious criminal offences and background checks on drivers.

Uber’s 40,000 drivers, representing around one in three of all private hire vehicles on the British capital’s roads, can continue to take passengers until the appeals process is exhausted, which could take years.

The legal battle pitches one of the world’s richest cities against a tech giant known for its forays into new markets around the world that have prompted Continue reading “Uber fights for London survival in court”

Google to increase number of staff detecting extremist content on YouTube

 

The U.S. IT giant, Google, will increase the number of employees engaged in the detection of extremist content on its video-sharing service YouTube, as well as other materials violating the service’s rules, YouTube CEO Susan Wojcicki said.

In June, Google announced additional measures to counter the spread of extremist data via YouTube.

The company voiced plans to widen the use of technologies to identify extremist- and terrorist-related videos, to attract more experts to its programme of identifying problematic videos, toughening the rules as for the content that did not clearly violate YouTube’s rules and to expand its role in struggle against radical movements.

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Bitcoin will end a bubble, bankers, economists warn

 

Several international bankers have sounded a warning about the mega risks involved in embracing bitcoin, which this week soared to a new record high of more than $8,000. Six years ago, it traded for just one dollar.

“It’s the exact definition of a bubble,” the head of Swiss banking giant Credit Suisse, Tidjane Thiam, warned recently in comments that immediately sparked an uproar on social media among bitcoin’s supporters.

The head of the French central bank or Banque de France, Francois Villeroy de Galhau, warned in the summer: “People are using the bitcoin today are clearly doing it at their own risk and at their own peril.”

Nobel laureate, Jean Tirole, also insisted that the current bitcoin boom was a “bubble”.

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Germany signs contract for World’s first hydrogen-powered passenger trains

 

Germany plans to bring the world’s first
trains powered by hydrogen fuel cells into service with 14 emission-free trains to transport passengers in Lower Saxony from 2021.

The trains will be built by France’s Alstom at its site in Salzgitter to replace diesel trains running between Cuxhaven, Bremerhaven, Bremervoerde and Buxtehude.

The trains, named Coradia iLint, can cover up to 1,000 kilometres (621 miles) with one tank of hydrogen and can reach a maximum speed of up to 140 kilometres per hour.

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Oil prices hit ‘highest levels’ since 2015

 

Oil prices hit their highest levels early on Monday as markets tightened, while Saudi Arabia’s crown prince cemented his power over the weekend through an anti-corruption crackdown that included high profile arrests.

Brent futures, the international benchmark for oil prices, hit $62.44 per barrel early on Monday, their highest level for years now.

U.S. West Texas Intermediate (WTI) crude hit $56.00 per barrel in early trading, also the highest for many months now.

Crown Prince Mohamed bin Salman, Saudi Arabia’s designated future king, has tightened his grip on power through an anti- corruption purge by arresting royals, ministers and investors. Continue reading “Oil prices hit ‘highest levels’ since 2015”

Scientists for the first time witness collision of two neutron stars, also finds how gold is formed

 

Scientists for the first time detected both the ripples in space and time and the light produced and emitted during the same cosmic event: the spectacular collision of two neutron stars.

The discovery would soon reveal secrets of the cosmos, including how gold was created.

Neutron stars, formed when massive stars explode in supernovas, are the smallest, densest stars known to exist. A teaspoon of a neutron star has a mass of about a billion tons.

The collision of neutron stars is known as a kilonova — an explosion similar to a supernova but on a smaller scale.

The crash generated a fierce burst of gamma rays and a gravitational wave, a faint ripple in the fabric of space and time first theorized by Albert Einstein a century ago.

“This is the one we’ve all been waiting for,” said David Reitze of CalTech Continue reading “Scientists for the first time witness collision of two neutron stars, also finds how gold is formed”

BuzzFeed Announces 2018 Emerging Writers $14,000 Fellowship

 

Three budding writers will have an opportunity to win $14,000 each and also get mentorship as the Buzzfeed Emerging Writers Fellowship has commenced the 2018 edition of the usually keenly contested competition.

BuzzFeed is a leading independent digital media and tech company which delivers news and entertainment content to a global audience. It has offices in 18 cities around the world including New York, Los Angeles, San Francisco, London, Sydney, Sao Paulo, and Tokyo.

A statement by its Executive Editor, Culture, Karolina Waclawiak on its website, said this year’s competition will give selected budding writers adequate support, mentorship and the required experience to take the next step in their respective careers.

The organisers also said the four-month program is intended to assist such writers break free from hindrances that has kept them locked out from vast opportunities present in the global media terrain.

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Volkswagen, Mercedes-Benz to launch electric cars ‘ says anything Tesla can do, we can do better’

 

German automakers Volkswagen Group and Daimler on Monday announced ambitious new plans to make long-range electric vehicles in a rapidly intensifying competition with Tesla, General Motors, Nissan and other global auto companies.

Their timing could be just right after years of tepid industry sales for electric cars.

China, hoping to clear up devastating urban smog, this weekend signaled plans to eventually ban gasoline engines, delivering a sharp jolt for battery-powered vehicles despite limited interest so far among consumers worldwide.

The moves also come amid rapidly falling battery prices, which analysts say will quickly make electric cars as affordable as gas vehicles.

Volkswagen, the world’s largest car company, said at the Frankfurt auto show in Germany that it expects to sell up to 3 million battery-powered cars by 2025, representing about a quarter of its vehicles.

T Continue reading “Volkswagen, Mercedes-Benz to launch electric cars ‘ says anything Tesla can do, we can do better’”