Author: Admin

A company has been fined £14m for failing to keep data safe during a cyber attack, which resulted in more than six million people having their data stolen.Sensitive information, such as pension records, details of criminal convictions and other financial data, were taken by cyber attackers from outsourcing specialist and government contractor Capita in March 2023. The company was left “at significant risk”, the UK privacy watchdog said, as it failed to ensure secure processing of personal data.Money blog: Major changes to vet prices proposed after investigation Capita also lacked appropriate technical and organisational measures to effectively respond to the…

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Apple unveiled a series of product updates on Wednesday, including a refreshed MacBook Pro, an iPad Pro and a second generation of the Vision Pro headset, as it embeds its latest M5 chip across devices aimed at creative professionals.The introduction of M5-powered devices positions Apple to counter performance gains from rivals using Qualcomm and Intel’s latest AI-oriented chips. The move builds on Apple’s strategy of debuting its most advanced chip in the MacBook Pro and iPad Pro devices ahead of others.The new 14-inch MacBook Pro, featuring the M5 processor, is a step up from the M4 series of chips introduced…

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The next NFL Offensive Rookie of the Year could end up being a quarterback who started the season sitting on the bench.At the beginning of the year, Cam Ward — who was drafted at No. 1 in April by the Titans — was one the favorite at +250. But in the wake of Tennessee’s 1-5 start and the firing of its head coach, Ward is now +6000. Now, there’s a new player at the top of the board, and it’s New York’s Jaxson Dart.Drafted with the 25th pick, the 6-foot-2 QB out of Ole Miss has skyrocketed up the oddsboard. He…

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This is one of those weekends when college football fans must be judicious allotting time for yardwork or running errands. Their best option might be to plop down in front of their screens and take in a Week 8 schedule highlighted by a season-high five matchups of Associated Press Top 25 teams on Saturday.The day starts with No. 10 LSU visiting No. 17 Vanderbilt and No. 5 Mississippi playing at No. 9 Georgia. In prime time, No. 10 Tennessee is at No. 6 Alabama, No. 20 Southern California visits No. 13 Notre Dame and No. 23 Utah makes the short…

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[SINGAPORE] A review committee has found that the government’s interests “were sufficiently safeguarded” in its current Formula 1 (F1) contract. The terms of the deal had a “fair and reasonable exchange of commercial obligations and benefits” between the government and Singapore GP (SGP), said Deputy Prime Minister Gan Kim Yong in a written response to a parliamentary question on Wednesday (Oct 15).The Singapore Tourism Board (STB) convened the independent committee in 2024 to review the terms of its current contract with SGP for the Singapore Grand Prix 2022 to 2028.Gan said the economic benefits of F1 that accrued to Singapore…

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  Updated 32m ago Military to receive paychecks today despite shutdown Members of the military are set to be paid today at the direction of President Trump, while other federal workers go without paychecks until the government reopens.Mr. Trump said in a post on Truth Social over the weekend that he was directing Defense Secretary Pete Hegseth to “use all available funds to get our Troops PAID on October 15th.””We have identified funds to do this, and Secretary Hegseth will use them to PAY OUR TROOPS. I will not allow the Democrats to hold our Military, and the entire Security…

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It reported a net income of US$8.5 billion, or US$1.06 per share, in the three months ended Sep 30[WASHINGTON] Bank of America beat Wall Street estimates for profit, benefiting from bumper third-quarter investment banking, and upgraded its outlook for net interest income (NII), sending its shares up about 4 per cent in trading before the bell.The second-largest US bank sees fourth-quarter NII between US$15.6 billion and US$15.7 billion, up about 8 per cent from a year earlier.The Federal Reserve’s 25-basis-point cut in September, as well as other economic factors, are expected to stoke demand from borrowers.“Unemployment still remains at a…

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S&P Global has agreed to buy private markets data provider With Intelligence, the company said on Wednesday, as it looks to expand its products for the fast-growing segment of financial services. Private markets are seeing increased investor interest as years of higher interest rates and muted exits have pressured private valuations at a time when industry executives are concerned about asset price bubbles in public markets. Insights into pricing and comparables for private assets have become valuable because of the historical opacity around such investments. The trend has drawn BlackRock, with the world’s largest asset manager spending $12.5 billion to…

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The deal underscores the rush to build costly infrastructure essential for powering advanced AI models[NEW YORK] An investor group, including BlackRock and Nvidia, will buy Aligned Data Centers from Macquarie Asset Management in a deal worth US$40 billion, the companies said on Wednesday (Oct 15), as AI infrastructure expansion powers on.The deal underscores an intensifying race to expand the costly, supply-constrained infrastructure required to develop artificial intelligence technology, as companies rush to build sophisticated AI models.The acquisition follows a slew of mega-deals focused on securing coveted compute capacity. ChatGPT creator OpenAI has in recent weeks unveiled agreements totaling about 26…

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