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OODA CEO Matt Devost and Raymond Roberts, in a fireside chat on The Future of Money at OODAcon 2022, began with a discussion of origins of their interest in bitcoin, the history of money and the global fiat currency standard as a necessary introduction to a longer discussion of the future of money. Later in the…
According to the customer development, lean startup model, a firm grasp on “market type” (i.e. creating a new market or entering an existing market) is central to any startup companies success or incumbent companies efforts at innovation (or self-cannibalization to stay ahead of external disruption). How will Elon Musk’s vision of X handle the already…
This post examines the type of technology leadership required in large enterprises like the government.
Trust – between individuals, governents and corporations, machines and technology platforms – is both under attack and undergoing a fundamental transformation. The Atlantic Council’s frames these issue as the “Economy of Trust” – which will rely on “innovation and invention, informed by data, to mitigate concerns surrounding the impacts and risks of emerging technologies.” Atlantic…
Loosely tethered to our previous update – “While Texas Declared a Grid Emergency, EU Fossil Generation is at Record Low” – two more climate crisis related developments are worth tracking as an indicator of what may be the new reality in this age of polycrisis. We do not provide solutions but do mention mental frameworks…
Rupert Murdoch began his career as a young, ambitious individual aiming to regain his family’s stake in Australia’s news industry. Inherited a newspaper in Adelaide from his father, he swiftly expanded his media empire with a hunger for money and power. Over his 70-year career, Murdoch has become one of Australia’s most successful international businessmen,…
A detailed explanation of SWIFT (The Society for Worldwide Interbank Financial Telecommunication), its relation to the fiat currency standard – along with an update on SWIFT’s blockchain pilot efforts.
Here we present analysis relevant to cyber conflict including the potential of spillover into non combatants and provide insights on the relevance of recent Russian statements.
Our research and tracking of the global information war and the dramatic increase in ransomware attacks over the last three years have been indicating, for some time, that more attacks were coming and that corporate boards and their directors should prepare. The MGM ransomware attack makes this point well. Details here.
OODA CEO Matt Devost and Raymond Roberts, in a fireside chat on The Future of Money at OODAcon 2022, discussed the origins of their interest in bitcoin, the history of money and the global fiat currency standard as a necessary introduction to a longer discussion of the future of money.
Chinese Defense Minister Li Shangfu was taken away last week by authorities for questioning, according to a person close to decision making in Beijing, while U.S. officials say he is being removed from his post. Li hasn’t made a public appearance since late August. One U.S. official said the trouble surrounding Li pointed to deep-seated…
Financial network complexity, biased algorithms, regulatory considerations, and predictive analytics (based on faulty foundational models) are only a few of the risk variables that will determine the future of AI in the finance sector. Securities and Exchange Commission Chair Gary Gensler, in his previous life as an MIT Sloan School of Management Professor, wrote a…
The decarbonization of heavy industry figures prominently into the “all of the above” solutions which will need to be deployed to combat the climate crisis. “Clean steel” is showing real promise. Details here.
Healthcare is already in the midst of an AI revolution – with an applied technology market maturity which outpaces most other industry sectors which are in a reactive mode to the AI hype cycle. Explore these AI healthcare use cases and apply them to your organization using design and systems thinking.
Two climate crisis related developments are worth tracking as an indicator of what may be the new reality in this age of polycrisis. We do not provide solutions but do mention mental frameworks important for leaders to master in finding solutions.
Romania and Bulgaria have officially joined the Schengen zone. Romania and Bulgaria have officially joined the Schengen zone. Short ceremonies were held on the board of Romania and Bulgaria to mark the occasion. The two countries had partially joined the Schengen zone in March of 2024, but negotiations on full entry took longer to finish.…
Berlin police have detained an individual that attacked 2 people with a knife. Berlin police have an individual that is suspected of attacking 2 people with a knife. They have also announced that they do not believe this attack was linked to extremism. Germany is still coping with the effects of the attack on a…
Data stolen from the Rhode Island government was leaked by cyber criminals. Cyber criminals have released data that was stolen from the Rhode Island government. The data included personal health data of Rhode Island citizens. The Rhode Island government is working to respond to the leak and assist citizens that may be impacted. Read more:…
RansomHub has claimed to have hacked MetLife. RansomHub has added MetLife to its list of targets. MetLife has denied that its systems were breached, but said that one of its subsidiaries was impacted by a cyberattack. RansomHub has posted documents that appear to be from MetLife internal systems. Read more: https://cybernews.com/news/metlife-latin-america-claimed-by-ransomhub-group/
The US Treasury Department has disclosed that it was the victim of a Chinese backed cyber attack. The US Treasury Department has disclosed to Congress that its systems were breached by a Chinese backed cyber attack. The Department said the attackers breached a 3rd party contractor and gained access to their systems by making use…
Newly unveiled The Grid is a Web3 structuring and verifying system, which could be the “map” data needed to make the blockchain world more accessible than ever before. After working on this for seven years, The Grid is coming into the limelight as a meta standard that can help data platforms connect to the blockchain…
The end of the year 2024 has brought reckonings for artificial intelligence, as industry insiders feared progress toward even more intelligent AI is slowing down. But OpenAI’s o3 model, announced just last week, has sparked a fresh wave of excitement and debate, and suggests big improvements are still to come in 2025 and beyond. This…
Ransomware is now a billion-dollar industry. But it wasn’t always that large — nor was it a prevalent cybersecurity risk like it is today. The technology — which officially turned 35 on Dec. 12 — has come a long way, with criminals now able to spin up ransomware much faster and deploy it across multiple…
Russia unveiled its 50-qubit quantum computer prototype based on rubidium neutral atom in late December, achieving a milestone in the country’s quantum computing roadmap and delivering on a promise made earlier in the year to develop a 50-qubit device before 2025, according to a statement reported in TASS, which was based on information from Lomonosov…
Nvidia is betting on robotics as its next big driver of growth, as the world’s most valuable semiconductor company faces increasing competition in its core artificial intelligence chipmaking business. The US tech group, best known for the infrastructure that has underpinned the AI boom, is set to launch its latest generation of compact computers for…
They don’t get fruitcakes or Christmas cards from grateful patients, but for decades robots have been helping doctors perform gallbladder removals, hysterectomies, hernia repairs, prostate surgeries and more. While patients lie unconscious on the operating table, robotic arms and grippers work on their bodies at certain stages in these procedures ― all guided by doctors…
Nvidia has completed its acquisition of Run:ai, a software company that makes it easier for customers to orchestrate GPU clouds for AI, and said that it would open-source the software. The purchase price wasn’t disclosed, but was pegged by reports at $700 million when Nvidia first reported its intent to close the deal in April.…
Syria’s de facto new leader Ahmed al-Sharaa and other officials have held talks with Ukraine’s foreign minister in one of the most consequential visits since the fall of Bashar al-Assad on December 8. Syria hopes for “strategic partnerships” with Ukraine. The visit comes after President Volodymyr Zelenskyy said on Friday that his country had sent…
The Palestinian Authority is fighting armed groups in Jenin in hopes of winning favour with Israel and persuading incoming United States President Donald Trump that it can be a useful security partner. Since the start of the PA raids, they have been criticised as serving the interests of Israel over supporting the Palestinian struggle for…
Ukrainian President Volodymyr Zelenskyy has accused Slovakia’s Prime Minister Robert Fico of opening a “second energy front” against Kyiv on the orders of Moscow, deepening an already tense dispute over transfers of Russian gas to Europe. Ukraine pumps Russian natural gas through its territory to several European countries, including Slovakia, Moldova and Hungary. But it…
Cyberhaven and other Chrome extensions were compromised in a supply chain attack targeting Facebook advertising users. The extension of data security firm Cyberhaven was compromised after an employee fell victim to a phishing attack and authorized a malicious OAuth application called ‘Privacy Policy Extension’ to Cyberhaven’s Chrome Web Store account. The attackers then used these…
The US Department of Justice has issued a final rule carrying out an executive order addressing the risk of Americans’ bulk sensitive personal data being accessed and exploited by China, Russia, and other foreign adversaries. Per the executive order, the countries of concern and covered persons can access, exploit, and weaponize the Americans’ personal data…
Hackers targeted around ten official websites in Italy on Saturday, including the websites of the Foreign Ministry and Milan’s two airports. A spokesperson for Italy’s cyber security agency said it was plausible that the so-called “Distributed Denial of Service” (DDoS) attack could be linked to a pro-Russian group. In such attacks, hackers attempt to flood…
Many organizations are either delaying or pulling the plug on generative AI due to concerns about its ethics and safety. This is prompting calls to move AI out of technology departments and involve more non-technical business stakeholders in AI design and management. More than half (56%) of businesses are delaying major investments in generative AI…
The renewable revolution’s biggest superheroes are at risk of turning into its biggest villains. For years, Silicon Valley’s biggest players have been among the most vocal and most deep pocketed proponents of clean energy investment. But now, thanks to the runaway energy demand driven by artificial intelligence, Big Tech’s emissions are sharply on the rise…
Beyond the discount retailers and chain coffee shops in Stevenage High Street stands a facility manufacturing the latest generation of an innovative, personalised cancer treatment. From the heart of the English commuter town, UK biotech Autolus will process, manufacture and ship to the US a new Car-T cell therapy to treat the blood cancer acute…
Microsoft is trying a new approach to build excitement for its artificial-intelligence assistant Copilot: Give it to customers whether they want it or not. The tech company recently added Copilot to its consumer subscription service for software including Word, Excel and PowerPoint in Australia and several Southeast Asian countries. Along with the AI feature, it…
Recently, Google and China have independently announced advancements in quantum computing. Google’s Willow chip demonstrates “below-threshold” error correction, achieving a benchmark calculation in minutes that would take supercomputers billions of years. China’s Zuchongzhi 3.0 processor, with 105 qubits, exhibits comparable performance and plans to implement similar error correction techniques. Both achievements represent significant steps toward…
The humanoid frenzy that began in 2023 continued throughout 2024. This year, six of our most popular 10 stories were about or mentioned humanoid robots. In addition to falling robot sales in North America, our readers were also interested in growing robotics communities in the U.S. and big trade shows. When will humanoid robots be…
AI is moving very fast in the current digital world, and cybersecurity is no exception. It can aid defenders with lots of new tools to protect systems and data. However, attackers can also use it in new ways to breach, making it a double-edged sword in cybersecurity. Let’s look at how AI is changing the…
Senegal’s Prime Minister has announced that the government intends to close all foreign military bases. Senegal’s Prime Minister has announced that the government intends to close all foreign military bases. France is the only country with troops stationed within Senegal. The move is part of a broader wave of anti-French hostilities that has seen several…
The main Serbian party in Kosovo will be allowed to run candidates for office. The electoral appeals body of Kosovo has reversed a decision by the elections commission which banned the main Serbian ethnic party. The decision means the party will be allowed to run candidates in the upcoming parliamentary elections. The party had been…
South Korea’s acting President has been impeached. South Korea’s acting President has been impeached by the National Assembly. The opposition party move for the impeachment after the acting President refused to appoint new justices to the Constitutional Court. The opposition party had pushed for all the seats on the Court to be filled before the…
Security forces has imposed a curfew following an outbreak of violence in Homs. Security forces of the Syria government lead by HTS have imposed checkpoints and a curfew in the city of Homs after violence broke out in the city. Some gunfights broke out after a protest by members of the Alawite minority took place…
US officials have expanded the list of companies affected by the Salt Typhoon hack. US officials announced that a 9th telecommunications company was impacted by the Salt Typhoon hack. The government has not disclosed which company was added to the list, but said the company was added after it followed the government’s guidance for checking…
Ascension Health has disclosed that a data breach exposed the data of 5.6 million individuals. Ascension Health has disclosed that a data breach which occurred in May exposed the data of 5.6 million individuals. The stolen data did include personal information such as social security numbers. Some sources have reported that the Black Banta ransomware…
The 2025 NDAA has provided additional funding to support replacing foreign made telecommunications parts. The 2025 NDAA has allocated $3 billion in funding for the FCC’s Rip-and-Replace Program. This program provides funding to companies to cover the cost of replacing foreign made telecommunications parts. The aim of the program is to promote the cyber security…
The US has requested the extradition of a LockBit developer from Israel. The US has requested that a dual Russian-Israeli citizen be extradited to face crimes related to his involvement with the ransomware group LockBit. The US and other nation’s have aggressively pursued members of the LockBit group in recent months. LockBit has been responsible…
Italian energy giant Eni is firing up the world’s most powerful supercomputer outside the US this Christmas as it races rivals to build the technology infrastructure needed to better explore for new sources of oil and gas. Built at a cost of more than €100mn, Eni’s new machine, HPC6, will be switched on in the…
In something of a stunning development, China appears to already be flying a stealthy, high-performance sixth-generation crewed combat aircraft, imagery of which began to emerge today. At this early stage, we have very little idea about the precise identity of the new aircraft, but many elements of its design are very much in line with…
Scientists at Rice University are working to turn waste heat from industrial processes into electricity. They’ve developed a cutting-edge device that turns heat into electricity with an impressive 60% efficiency, a breakthrough that could redefine how we store and use renewable energy. According to Interesting Engineering, this innovation marks a significant leap toward a cleaner…
Four decades ago, physicists were theorizing that the mind-bending mechanics of quantum physics could be harnessed to make a new kind of computer that’s exponentially more powerful than conventional machines. A series of breakthroughs has now brought “quantum utility” closer to reality. A race is on to develop machines that are accurate enough to faithfully…
Despite General Motor’s decision to shutter its Cruise robotaxi business earlier this month, the U.S. has never been closer to a driverless future. For the autonomous vehicle industry, 2024 will be remembered as the year that at least one major U.S. player — Alphabet -owned Waymo — saw glimmers of mainstream adoption and made strides…
Finnish authorities are investigating an oil tanker that is part of Russia’s shadow fleet over whether it cut an electricity cable between Finland and Estonia. The Eagle S was stopped by Finnish authorities after the Estlink 2 subsea electricity cable in the Gulf of Finland was disconnected on Wednesday. The tanker, which is registered in…
If 2024 was the year of artificial intelligence chatbots becoming more useful, 2025 will be the year AI agents begin to take over. You can think of agents as super-powered AI bots that can take actions on your behalf, such as pulling data from incoming emails and importing it into different apps. You’ve probably heard…
On Tuesday night, the Pakistani military conducted air raids in Afghanistan. The airstrikes targeted the hideouts of the Pakistan Taliban (TTP). This is the first cross-border strike inside of Afghanistan since March, and could potentially spark retaliation by the Taliban. The Taliban confirmed the attack but stated that civilians were targeted and over 46 people…
U.S. President Joe Biden has condemned Russia’s Christmas day attack on Ukraine’s power grid. He called the attack “outrageous” and has promised a “surge of weapons deliveries to Ukraine.” On Christmas day, Russia launched over 170 missiles and drones on Ukraine, targeting the country’s energy infrastructure. An energy worker was killed and Ukrainians had to…
On Wednesday, an Azerbaijan Airlines plane tried to make an emergency landing in Kazakhstan and crashed, killing dozens. The Kazakh authorities said that at least 29 people survived the crash. The jet was carrying 62 passengers and five crew members when it went down in Kazakhstan. Many of the survivors were hospitalized with various injuries.…
Since Monday, at least 56 have been killed in Mozambique as a result of clashes in the country. Protests arose with unrest over the recent presidential election, which demonstrators claim the governing party rigged. Over 1,530 prisoners escaped from Maputo Central Prison on Wednesday, and 33 prisoners were killed in confrontations with guards trying to…
The ClOp ransomware group has announced that it will soon release the names of over 60 organizations impacted recently by the Cleo attacks. The ransomware group took responsibility for the Cleo attacks in mid-December. Cl0p posted on its Tor-based website that victims would be contacted and given access to a secret chat with proof that…
As African organizations expand their digital footprints, they are simultaneously facing increased threats that the region hasn’t had to deal with in the past. These new threats include increases in distributed denial-of-service (DDoS) attacks. New data is showing a 30% increase in DDoS attacks in the Middle East and Africa from late 2023 to early…
Employees of General Dynamics were targeted in a recent phishing campaign, leading to the compromise of dozens of employee benefits accounts. Attackers were able to access and make changes to these accounts by using a login portal from a third party. In the phishing attacks, a fraudulent advertisement led employees to a phishing site which…
On Thursday, Japan Airlines was hit by a cyberattack. The incident delayed over 20 domestic flights during the end-of-year holiday travel season. There was no threat to flight safety. The attack was discovered when the company’s network began to malfunction. The attackers were aiming to transmit massive amounts of data, overwhelming the network system. Experts…
Google’s recent unveiling of its quantum computing chip, Willow, marks a significant milestone in the tech industry and might be a game-changer for 2025. With 105 qubits (the basic unit of information used to encode data in quantum computing) – approximately double the number of its predecessor, Sycamore, Willow has demonstrated the capability to perform…
Agentic AI, the more focused alternative to general-purpose generative AI, is gaining momentum in the enterprise, with Forrester having named it a top emerging technology for 2025 in June. Since then, several organizations have begun using the technology, and major vendors such as Salesforce and ServiceNow have offered AI agents to customers. Agentic AI focuses…
OpenAI’s latest o3 model has achieved a breakthrough that has surprised the AI research community. o3 scored an unprecedented 75.7% on the super-difficult ARC-AGI benchmark under standard compute conditions, with a high-compute version reaching 87.5%. While the achievement in ARC-AGI is impressive, it does not yet prove that the code to artificial general intelligence (AGI)…
Waymo, Alphabet, Inc.’s autonomous driving system subsidiary, released a new research report last week showing that Waymo’s autonomous vehicles outperform human-driven vehicles in terms of safety. The Details: Waymo partnered with Swiss Re, a leading reinsurer, to analyze insurance industry third-party auto liability claims from 25.3 million miles of fully autonomous driving. The report showed…
In the annals of technological progress, certain moments stand as turning points when innovation has reached critical mass, catalyzing explosive growth and global adoption. These “Cambrian explosions” fundamentally reshape the way we live and work. Artificial intelligence has had its Cambrian moment. After decades of slow evolution, breakthroughs, such as artificial neural networks (ANNs), have…
Austin’s Apptronik and Bay Area-based Google DeepMind have formed a strategic partnership to enhance the development of AI-powered humanoid robots. The collaboration combines Apptronik’s robotics platform with Google DeepMind’s AI technology to create robots that can operate efficiently in dynamic environments. Apptronik, a robotics company founded in 2016, has roots in the Human Centered Robotics…
Sam Altman is the chairman of a company that promises a brighter future for humankind. No, it’s not OpenAI, the artificial intelligence company he co-founded and now runs as CEO. It’s a company called Oklo, and it’s developing the kind of nuclear power technology that many tech leaders — including Altman himself — say they…
Artificial intelligence has been infiltrating our daily workflows and routine tasks for while now. It may be AI working in the background, as with Gemini’s integration across Google products, or you may be engaging more directly with popular content generators such as OpenAI’s ChatGPT and Dall-E. Looming in the not-too-distant future are amped-up virtual assistants.…
After a year that saw Ikena Oncology trim back its workforce and pipeline, the oncology biotech thinks it has found a sustainable path forward via a merger into privately owned immunology company Inmagene Biopharmaceuticals. The combined company, which will operate under the InmageneBio name and list on the Nasdaq under the ticker “IMA,” will be…
A new study published in Nature reveals there may be a smarter way to use quantum computers for simulating materials, one that cuts down the computational resources needed for these complex calculations. The findings could help industries like energy, manufacturing and technology design better materials more efficiently. The research focuses on simulating electronic structures—the arrangement…
Humanoid robots are poised to enter warehouses, automotive factories and even some homes in growing numbers in 2025 – but whether they can really take hold remains to be seen. The machines in this new revolution will be different to existing working robots, which are primarily lone arms doing repetitive motions on assembly lines or…
The UK Defense Ministry said on Monday that it’s successfully live-tested its new radio frequency weapon that can take down drone swarms for “less than the cost of a pack of mince pies.” “A live firing trial was recently completed by the Army’s Royal Artillery Trials and Development Unit and 7 Air Defence Group at…
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