Many of us use this messaging service, its whatsapp. Messaging Service Whatsapp is suing an israeli surveillance firm, nso group, accusing it of helping government spies break into the phones of about 1,400 people. Whatsapp which is owned by Facebook Says nso group helped in the targeting of diplomats, dissidents, journalists and officials on four continents. Whatsapp said the attacks involved malware that exploited its video calling system and allowed nsos clients to spy on users. Nso has strongly denied the allegations. Emily taylor is the boss of oxford information labs and a cybersecurity expert. Speaking to the bbc when the story first emerged, she explained how the hacking tool dubbed pegasus worked. It will make a voice call, which doesnt even need to be answered by the recipient, and then once you are inside the up, its possible to install software or spy on the user inside the app. Citizen lab, the Cybersecurity Research laboratory that worked with whatsapp to investigate the
Not only suggesting another election date. The stoxx 600 down just over. 10 lets dive into some of these sectors as it plays out on the boards technology right at the bottom apple comes out today. We saw some caution on wall street and the sector. Some of those big supplier stocks caution on trade investors are waiting on details. Industrials towards the bottom of the boards. The light ups of some of those big names. Retail stocks trade lower. Household goods, media and Construction Chemicals are in the mix too banks, very important basket today. Going through the numbers of that Deutsche Bank at the bottom. Mixed reaction to those numbers. Utilities. Telco trading higher auto is significant basket today too with the likes of volkswagen that stock surging 7 lets go to the volkswagen news. It has cut its numbers despite reporting 11. 2 rise thanks to Strong Demand for porsche. Adding to gains. 6 higher for stock now. The group needed to be efficient amid weaker global auto demand you ne
And that month. 1998, gdp growth was 6. 6 and payrolls were about 200 and 81,000. Growth not even 2 . Around 135 atng best. They will linger the possibility of additional easing. I think that will, the december meetings. David that explains why there wouldnt be a hard stop. You look the other way around, there is not a real reason to encourage more cuts either. They want to maintain the optionality around that decision. If we are in a slowing Global Growth environment and also u. S. Economic growth will top expectations, it is still decelerating relative to the first half of the year. They will likely need to take out additional insurance. As we see a hot streak in the data, we might be able to push that into the first part of next year. Given the number i have laid out for you on where we are on gdp, payrolls, fridays payroll report will not be particularly pretty. That will encourage the fed to provide a little more accommodation. The fed doesnt want to be stuck if we happen to tip i
Continues to pose risks. But first, our top story. Mark zuckerberg will get a firsthand look at the growing opposition to facebooks plan to create a cryptocurrency. He will testify october 23. The hearing will examine facebooks impact on the financial and housing industries. My first question is, how significant that it is zuckerberg . It is very significant. Anytime the ceo testifies, it is a big deal. I was there in april of 2018 when he last testified and it was a total zoo. Everyone wants to see him and asking questions. I imagine this will be the same. I know they had been trying to get sheryl sandberg. We wrote about that a couple of weeks ago. It looks like they got someone even better which is her boss. Taylor what do we know about the content of the hearing . Kurt this committee focuses on financial services. They also do housing staff. Stuff. Accused withbeen issues around its advertising businesses. People are being discriminated for housing related issues. I imagine that wi
Now. Maria big show today, Dagen Mcdowell and emily and James Freeman. Great to see you. Good to see you. Dagen surrounded by all the super smart women. Yes. Just like at home. Maria director or something new . In other words, social media obviously one of the big stories, i have to get your reaction on what you heard. Make zuck is going to be on his own, we will let this democracy play it out and people debate online and people say the messages they want to say, its good news that despite the lose of some partners and political heat hes pressing ahead on his crypto currency plan. We could use that, maybe good for consumers. Maria a lot of pushback because of what he learned in other businesses, facebook ceo testified before lawmakers answering a variety questions on china, crypto currency and libra and watters kicked things off, watch this. Given the companys size and reach it should be clear why we have serious concerns about your plans to establish a Global Digital currency that wou