Please do not disturb — Hackers can unlock over 3 million hotel doors in seconds Saflok has a fix for the vulnerability, but patching may take a long time. Andy Greenberg, wired.com – Mar 22, 2024 1:52 pm UTC Enlarge / A Saflok branded lock.Dormakaba reader comments 0 When thousands of security researchers descend on
After a subdued couple of years that followed a stellar performance in 2021, the market for initial public offerings (IPOs) is expected to recover some ground in 2024. The market for new listings was, during 2022 and 2023, hit by rising inflation and interest rates, which raised funding costs and made markets more turbulent, in
Federal prosecutors are pursuing a deal to allow WikiLeaks founder Julian Assange to avoid espionage charges and instead plead guilty to the misdemeanor of mishandling classified data. The Wall Street Journal first reported on the talks between U.S. authorities and Assange’s lawyers on Wednesday. The independent outlet Consortium News then confirmed that it had learned
The great conservative thinker William F. Buckley in 1963 wrotethat he would rather “live in a society governed by the first 2,000 names in the Boston telephone directory than in a society governed by the 2,000 faculty members of Harvard University.” Buckley recognized the great “brainpower” among the university’s faculty, but feared the “intellectual arrogance
In Las Vegas, cheating at the gambling tables can swiftly send you to jail. Yet in the world of fantasy sports betting, major companies are cheating and getting away with it: They are edging out rising competitors rather than playing fair. Their accomplice in this endeavor? None other than state legislatures. The online fantasy sports
Eating their lunch — Rocket Report: Starship could fly again in May; Ariane 6 coming together “I think were really going to focus on getting reentry right.” Stephen Clark – Mar 22, 2024 11:00 am UTC Enlarge / Nine kerosene-fueled Rutherford engines power Rocket Lab’s Electron launch vehicle off the pad at Wallops Island, Virginia,
Loading… Loading… Digital investment platform company announced a SPAC merger to go public. Looking at the details and what's next for the company. Digital investment platform Webull Corporation is going public via a SPAC merger announced Wednesday. The news comes years after reports that Webull was nearing an IPO to go public. What Happened: The
THIS MEMORY-DEPENDENT PREFETCHER HAS TEETH — Unpatchable vulnerability in Apple chip leaks secret encryption keys Fixing newly discovered side channel will likely take a major toll on performance. Dan Goodin – Mar 21, 2024 2:40 pm UTC EnlargeAurich Lawson | Apple reader comments 160 A newly discovered vulnerability baked into Apples M-series of chips allows
Ryan Hallam, who spent nearly three decades at Citi, has been hired as a managing director and co-head of high-yield trading on Piper Sandler’s fixed-income team. Hallam will handle high-yield muni sales and trading, focusing on large institutional accounts. “As we look to grow our market share in the municipal industry, Ryan’s tremendous experience and
While a move to raise New York City’s borrowing capacity by $12 billion is reasonable and sufficient for the city to meet future capital needs, the debt service threshold must be kept within safe limits, officials say. Letting New York City sell more bonds will allow it to meet its capital needs over the next
New York City is stepping up to the plate on Tuesday with the second biggest bond sale of the week, a $1.45 billion issue of general obligation bonds. Set to be priced by Jefferies on Monday for retail investors and on Tuesday for institutions, the tax-exempt GO deal is tentatively structured in four series with
Stay informed with free updates Simply sign up to the War in Ukraine myFT Digest — delivered directly to your inbox. The Kremlin has admitted that Russia is in a “state of war” amid a push to increase domestic support for President Vladimir Putin’s invasion of Ukraine after previously calling it a “special military operation”.
The Bank of England governor has signalled markets are right to expect more than one interest rate cut this year, saying he is increasingly confident inflation is heading towards target. Andrew Bailey told the Financial Times that rate cuts were “in play” at future meetings of the BoE Monetary Policy Committee amid signs that tighter
Employee-owned international broker-dealer Baird has added depth to its newly launched California Public Finance group with the addition of Alex Boutyrski. Boutyrski, who joins as senior vice president in the Los Angeles office, has more than 10 years of public finance experience. He will work with John Baracy, a Baird managing director, who the firm
Municipals saw spots of weakness on the short end of the curve while two high-grade issuers priced the largest deals left of the week, mutual funds saw smaller inflows and U.S. Treasuries closed the session softer 10-years and in, but a touch stronger out long. Equities rallied as the markets contemplated the better likelihood of
Former U.S. President Donald Trump attends the Trump Organization civil fraud trial, in New York State Supreme Court in the Manhattan borough of New York City, October 25, 2023. Jeenah Moon | Reuters A New York judge ordered Donald Trump‘s company Thursday to tell a court-appointed financial watchdog about any future efforts to obtain bonds
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The US is suing Apple for allegedly using its power in the smartphone sector to quash competition from rivals and limit consumer choice, in the latest broadside against the dominant Big Tech companies from Joe
A landmark class-action lawsuit may change the way Americans buy and sell homes. The National Association of Realtors agreed to a $418 million settlement last week in an antitrust lawsuit where a federal jury found the organization and several large real-estate brokerages had conspired to artificially inflate agent commissions on the sale and purchase of
Belmont, North Carolina, Myers Park, large brick mansion with for sale sign in front yard. Jeff Greenberg | Universal Images Group | Getty Images Sales of existing homes surged 9.5% in February from January to 4.38 million units, on a seasonally adjusted annualized basis, according to the National Association of Realtors. Housing analysts had been
3K We all know that one guy with six different AR-15s, each only slightly different than the last. That guy is never going to run out of parts to keep his guns runningwhen he needs a new extractor or recoil spring, he can just cannibalize it from one of his many extras. For the rest