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Atria Investments Inc Sells 587 Shares of Trimble Inc. (NASDAQ:TRMB)The Melbourne synagogue fire is being treated as a terror attack. Here's why that mattersUnexpected boost for tens of thousands on benefits set to get £4,344 a year more
Uber Technologies Inc UBER has turned profits as of late, helped in part by its “Uber One” subscription. However, the Federal Trade Commission (FTC) is reportedly investigating the company over an alleged breach of consumer protection laws. What Happened: The FTC opened the investigation earlier this year, according to Bloomberg, citing documents it obtained. The investigation focuses on customer complaints about being enrolled in the Uber One subscription without their consent. Customers have also raised concerns that canceling the subscription is unnecessarily difficult. Uber One is a $9.99 monthly subscription that provides discounts on rides and Uber Eats. The regulatory agency has previously pursued cases against Amazon.com Inc , Adobe Inc and others for similar cancelation practices. The FTC sent a complaint to Uber shortly following Donald Trump ‘s election win on Nov. 5 seeking a monetary settlement, Bloomberg reports. Uber rejected the FTC’s offer, alleging the agency attempted to fast-track a resolution before Trump took office. In the waning days of the Biden Administration , the FTC has accelerated several of its investigations. Why it Matters: The company announced in October that Uber One had over 25 million subscribers. It has also recently expanded to India, according to the Times of India. The ongoing FTC probe is not the first time Uber has caught the attention of regulators. Uber and the FTC settled a lawsuit in 2018 over allegations that the San Francisco, California-based company exaggerated driver compensation in advertising. As part of the settlement, Uber refunded an average $222.96 to affected drivers. In September, Forbes columnist Len Sherman called for regulators to investigate the company for anti-competitive behavior. Also Read: Stocks Fall, Yen Eyes Best Day In 2 Months, Bitcoin Rebounds Above $96,000: What’s Driving Markets Wednesday? Photo: Shutterstock © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
(The Center Square) – The U.S. Government Accountability Office says leadership is needed to fully define quantum threat mitigation strategy. A new report released by the agency emphasizes the urgent need for comprehensive federal leadership to address the emerging cybersecurity risks posed by quantum computing, warning that without prompt and coordinated action, adversarial nations might exploit quantum technology to undermine national security. "It is important for the Office of the National Cyber Director to act on our recommendation now for several reasons," Marisol Cruz Cain, director with GAO's Information Technology and Cybersecurity team, wrote in an email to The Center Square. "Adversaries could copy data protected by cryptography today and store it with the intention of accessing it later once a cryptographically relevant quantum computer is developed." The director is also the lead author of The Future of Cybersecurity. "The key to successful migrations is to start planning now and not wait until a CRQC is on the horizon," Cain wrote. "A fully comprehensive strategy will provide agencies with more clarity on their responsibilities and the common outcomes they are aiming to achieve. It will also provide the nation a better-defined roadmap for allocating and managing resources and holding participants accountable for achieving results." A cryptographically relevant quantum computer is a quantum computer that can run algorithms to crack or weaken existing cryptography. Quantum computing is a rapidly advancing technology that has the potential to solve complex problems at an unprecedented speed, which also poses significant risks in today's cybersecurity. The report says various documents have been developed over the past eight years that have contributed to an emerging U.S. national quantum computing cybersecurity strategy. The Government Accountability Office has identified three goals moving forward. The first goal is to standardize post-quantum cryptography, the second would be to migrate federal systems to that cryptography, and the third would encourage all sectors of the economy to prepare for the threat. The report identifies gaps in federal agency preparedness and a lack of clear leadership to oversee the transition to quantum-safe systems, as "No single federal organization is responsible for the U.S. strategy’s coordination." While agencies like the National Institute of Standards and Technology have taken necessary steps to develop quantum-resistant cryptographic standards, the report found inconsistencies in how federal agencies implement recommendations. The Government Accountability Office says national strategies should ideally contain six characteristics: • Purpose, scope, and methodology. • Problem definition and risk assessment. • Objectives, activities, milestones, and performance measures. • Resources, investments, and risk management. • Organizational roles, responsibilities, and coordination. • Implementation and integration. According to the report, the accountability office was asked to investigate the federal government's strategy for addressing threats posed by quantum computers to the nation's cryptography. The current encryption methods are designed to secure sensitive data, but unfortunately, could potentially become vulnerable to future efforts of quantum-enabled decryption in the future. The report also stresses that the federal government will need to act swiftly to implement quantum-resistant cryptography in order to ensure that those critical systems would remain secure. According to the report, "some experts predict that a quantum computer capable of breaking certain cryptography – referred to as a cryptographically relevant quantum computer – may be developed in the next 10 to 20 years." The agency also identified challenges in workforce development and noted a shortage of professionals with expertise in quantum computing and cybersecurity, suggesting federal agencies invest in training programs and collaborate with private sector leaders to ensure a skilled future workforce that is ready to tackle any quantum-related threats. The report serves as a roadmap for quantum threat mitigation and outlines ways the federal government could appoint a centralized leadership body to oversee the implementation of quantum-safe measures. The report also calls for increased funding for quantum research and development and stronger public-private partnerships to address other vulnerabilities while also emphasizing that proactive leadership is critical to ensuring the United States remains at the forefront of cybersecurity in the quantum era.Moncton council eyes $9.5M increase in police budget
Astronomers have identified two giant black holes causing strange flashes of light at about one billion light years away from Earth. The flashes or light bursts are occurring at regular intervals, but what’s causing them is even more surprising. The researchers suggest that the black hole pair is swirling within a vast cloud of gas, and their interaction with the gas cloud is actually sparking the unusual flashes —- marking it as the first observation of its kind. “This is very different from anything I have seen before,” Lorena Hernández-García, lead researcher and a scientist at the Millennium Institute of Astrophysics (MAS) in Chile, told Space.com . Surprisingly, the X-ray and UV light data formed as a result of the recurring light bursts reveal an M-shaped spectral pattern. “We are finding a lot of weird stuff that wasn’t possible to see before,” Hernández-García added. The flashes confused scientists for three years The astronomers received the first hint about the black hole flashes in March 2021. At that time, the Zwicky Transient Facility (ZTF) at the Palomar Observatory in California generated data that indicated the occurrence of some bright objects in the northern sky. Researchers first believed it to be a supernova (a bright explosion resulting from the death of a star). However, when they noticed the event occurring repeatedly, they relabelled it as an active galactic nucleus (AGN), super-giant black holes found at the center of some galaxies. They are known to be extremely luminous as they emit large amounts of light. However, when the researchers studied the M-shaped pattern formed as a result of spectral data received from observatories in Spain, India, and Mexico, they noticed the pattern was forming every two to three months. This behavior did not match a typical AGN, forcing them to rule out that explanation as well. The patterns from the data also haven’t shown any signs of a tidal disruption event (TDE). Such an occurrence results in bright flashes of light from a star which is suddenly pulled apart by the intense gravity of a black hole. “That’s when we said, ‘This is something interesting,” Hernández-García notes. The only possibility that remains The black hole pair is situated at the center of 2MASX J21240027+3409114, a galaxy that is about a billion lightyears away from the Milky Way. The black holes are currently located at a distance of 16 billion miles from each other. The M-shaped spectral pattern suggests that they are probably in a space filled with gases and dust. Moreover, 2MASX, the galaxy in which they are located is also likely to merge with another neighboring galaxy. According to the researchers, the formation of giant gas clouds is a common phenomenon in merging galaxies . Additionally, the spectral data indicate that the black hole pair has engulfed gas amounting to 1.5 to 2 solar masses (i.e. twice the mass of the Sun). Where did all this gas come from? All these factors suggest that the black holes are whirling in a massive gas cloud. However, no advanced telescope or other piece of technology can observe such distant gas clouds. The study authors now hope to come across observations that could confirm this possibility. The study is published in the journal Astronomy & Astrophysics .FBRX Stock Soars to 52-Week High, Reaching $21.47
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