September, and if you havent paid attention tesla shares are down 10 this week alone only two trading days. If they had gotten ai from oh. Well talk about that, a war of words, openai is firing back at elon musk. Theres 1 chance well talk about it. Publishing emails appear no show the tesla cofounder did support creating a for profit entity. Lets begin with the markets and the testimony from the fed chair today. Jim, got some news on what he will say in terms of written words. Yeah. Look, i kind of when march is off the table, i think this is, obviously, one of those, i want to get a little more expansive and getting tired of the game of what month instead, what i see is a man who said listen, were not going to have a hard landing or soft landing. Were fine if it gets weaker well cut. Its kind of a Great Central bank essay about what you need to do in order to be able to get out of an inflationary period. David, i think hes becoming more of a, lets just say a true statesman how far to
Know business. It is who the true insiders are. What you think about who the icons were, it was was once bankers. Things have changed. Elon musk, number one on the list is the guy to be seen or be seen with. Onwe have a great lineup bloomberg west. The cofounder of paypal will be joining us. I want to get to editoratlarge cory johnson with the top headlines. A lot of news today. Ebola patient Thomas Eric Duncan has died from the virus at a dallas area hospital. He visited liberia and contracted the disease there. His girlfriend and her family are being quarantined, but so far have not shown symptoms of the ebola virus. Protestsf the massive in hong kong are threatening to pull out of talks as the government ignores demand for democracy. Students are also bringing back giant crowds of protesters that paralyzed central hong kong. Talks are scheduled for thursday. Thus far, the different sides cannot agree on where to meet. Nfl owners have approved the sale of the Buffalo Bills to ula. Y
2. 02 . Alas, i think todays selloff is the real deal, unlike yesterdays rally which was triggered by positive Federal Reserve minutes, todays selloff was based on real weakness in the global economy, worries like ebola, and the averages are still higher than when the year began and thats looking less and less logical. As the slowdown manifests itself. [ beeping ] before it gets started on the wacky nature of a market that goes up or down 300 points on a whim, let me just say pointblank that we are indeed in a treacherous market. We live in america, our companies are doing relatively well, but the definition of treachery in a stock market terms is when the simple facts mean nothing to the sellers. When one strand of weakness can frighten investors more than all of the good strands that are out there, its pure treachery and thats whats going on right now in the field of battle. Take alcoa, right . Heres a company that delivered on every lineitem when it reported yesterday. I know this c
Computers can be used as weapons more and more people have become victims of cyber crime. Because it was an absolute disaster you just dont do things like that to people. I knew generation of criminals is making money over the internet a lot of money. Just one month you have one hundred orders and the next one thousand. Private Sector Companies Infrastructure Systems and government institutions have all been hacked. Will be hit hard. By brute force and. You know its. Fear of such attacks has created a multibillion Dollar Industry but what do we know about these Cyber Security companies. Been ripped off by cyber scammers. Men often from african countries for your phone Vulnerable Women they use fake photographs and other materials to pass themselves off as attractive singles from europe they use digital messages and phone calls to try to get their victims to hand over money in this case the crooks even used shes bank account to deposit funds theyd stolen from others thats what got her i
Executives. Human factor is the weakest link however we see that cyber crime or crime online is becoming more sophisticated more organized criminals use Techniques Social Engineering techniques in order to persuade people to open up an email or provide information. So i think that the layman users is really not going to solve the problem. What are these Social Engineering Techniques and why do they work so well. A computer is only as secure as the person who operates it social engineers take
advantage of this situation for example they sometimes portray themselves as i. T. Support staff and offer to help solve a Computer Problem all the user has to do is download some software but that software often contains moen where that allows the crooks to take over the computer. Criminals also use Phishing Emails for example they contact Online Banking customers and ask them to authenticate their Bank Account Details otherwise the account will be blocked those who provide this information are tu