The FBI is on the move, accessing hundreds of private computers and related networks. The idea might make civil libertarians foam at the mouth, but they’re doing the country a favor that it seriously needs.
That’s because this move is a crucial step towards stopping the threat of a vicious new hack dubbed Hafnium.
Hafnium is bedeviling thousands of companies throughout the US. This is the latest in a string of hacks pushing the value of the cybersecurity market to $304 billion by 2027.
In fact, the email services firm Mimecast Ltd. claims that as many as 61% of companies experienced ransomware attacks in 2020, and almost 80% of organizations were harmed by a lack of cybersecurity preparation.
Hospitals just can’t seem to get a break these days.
Hundreds of them have been working around the clock to treat the millions of Americans afflicted by the deadly coronavirus.
And now, medical centers across the US, are finding themselves under siege by a very different “virus.”
That’s because the healthcare sector ranks as the top choice for hackers trying to burrow into networks. Once in, they either launch malicious software known as “malware” or demand money- and sometimes both.
Take the case of Universal Health Services hospital system based in King of Prussia, PA.
The cyber-attack it received took the form of “ransomware” – locking users out of their own IT systems, and demanding payment to restore access.
Fortunately, there is a leader in the roughly $140 billion cybersecurity market that can help hospitals and businesses across the board.
SPAC trading has definitely had its ups and downs over the last few months and this week we hit not one, but two SPAC milestones. There are now over 500 active SPACs in the market, and we have surpassed the 248 in total launched in 2020 in less than 3 months. This means there is over $150 billion in trust looking for the best private company to bring public. Read more.
The grandaddy of the American auto industry is now fully embracing 21st Century digital tech.
And on the flipside, Silicon Valley is taking its well-earned place at the heart of the new and modern auto industry
See, cars today are basically computers running on four wheels and equipped with a drivetrain.
But the software drivers use to interact with their in-dash displays are often very clunky. It’s been a problem because they run on proprietary software that can’t keep up with Silicon Valley’s ace coders.
So, Ford Motor Co. (F) is getting a software makeover. The nation’s oldest carmaker has announced it will equip its vehicle displays with a suite of Android apps from Alphabet Inc. (GOOGL) starting in 2023.
And while I applaud this move, I think there is a much better way to cash in on the $13 billion auto software market growing at 15% a year.
It’s a firm that trades at a fraction of GOOGL’s $1,900 share price.
We’re in the midst of a massive tech upgrade cycle that’s virtually flying under the radar, even though it has the potential to affect nearly every home in America.
You see, it’s a move that will affect billions of smartphones, tablets, and laptops. According to Pew Research, more than 80% of Americans own a smartphone, and nearly 75% of adults own either a desktop or laptop.
On top of that, this breakthrough will reach even further by affecting millions of television sets and electronic signs, not to mention your car’s infotainment screen that displays maps and other vital data.
And this will all be possible thanks to OLED, or organic light-emitting diode, technology, a breakthrough that will greatly improve the user experience.
Right now, this technology is working its way through the global electronics supply chain.
In fact, LG Electronics recently debuted a transparent TV, the new state of the art in that field. That breakthrough would not be possible without OLED.
It’s funny – with vaccines rolling out and stores starting to open as lockdowns ease, you’d think one of the hottest market trends over the past year – e-commerce – would start to slow, too.
But that’s not the case.
The Covid-19 pandemic shifted e-commerce in 2020 and into this year, maybe more than any other time in history.
Sales skyrocketed as brick-and-mortar stores took their business online using platforms like Shopify Inc. (SHOP), Etsy Inc. (ETSY), Chewy Inc. (CHWY), Amazon.com Inc. (AMZN), and a change in people’s buying habits had changed forever.
In the third quarter of 2020, e-commerce volume increased 36.7% over the prior year, according to the U.S. Census Bureau.
The Silicon Valley success manual is just three words; Faster, Better, Cheaper.
I heard it all over the place when I moved to the Valley in 1984, and over time, all sorts of industries have latched on to it in search of higher profit margins.
It takes Moore’s Law, which states that the number of transistors on a microchip doubles roughly every two years, and turns it into rock-solid business advice.
Even NASA made this their mantra back in 1992 when the agency embarked on an aggressive schedule of 16 launches, including sending a rover to Mars.
Tim Cook has clearly read this mantra too, and is making all of the hefty experience behind it his guide with his recent announcement of an ambitious plan for Apple Inc. (AAPL) to use its own chips to power Mac computers.
This decision has the potential to more than triple computing power in some apple products, while saving customers as much as 10%, all while boosting profit margin.
I believe this is a very savvy move. And today, I will show you how it will help Apple continue to double the market’s return…