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US Auto Industry In Crisis After Cyber Attack Targets Major Dealership Software Company
21.06.2024, 22:19 Uhr. GreatGameIndia - https: - The US auto industry faces a crisis as CDK Global, a key dealership software provider, suffered a major cyber attack on June 19th, impacting over 15,000 dealerships nationwide. On Thursday, the US-based company that provides software for managing sales and services to thousands of car dealerships reported another cyber interruption that affected both...
The Unsustainable AI-Driven Lending Boom
21.06.2024, 21:02 Uhr. ZeroHedge News - https: - The Unsustainable AI-Driven Lending Boom Authored by Douglas French via The Mises Institute, For lending, as in all things, necessity is the mother of invention. No matter the rate, lenders want to lend and borrowers want to borrow, with both sides tending to overdo it. The Wall Street Journal (WSJ) reports that the newest collateral thing is the artificial...
"Everything Is Frozen": Third-Day Of Cyberattack Leaves 15,000 Auto Dealerships Crippled
21.06.2024, 20:42 Uhr. ZeroHedge News - https: - "Everything Is Frozen": Third-Day Of Cyberattack Leaves 15,000 Auto Dealerships Crippled Over 15,000 auto dealerships nationwide face major disruptions due to an ongoing cyberattack for the third day, shutting down their backend management systems. This has halted sales for some dealers and forced others to complete transactions the old-fashioned way:...
The Case Against Chiquita
21.06.2024, 18:31 Uhr. Foreign Policy - https: - A U.S. court holds the fruit company accountable for death-squad murders in Colombia....
US Bans Kaspersky Antivirus Software, Citing Russian Influence
21.06.2024, 18:20 Uhr. ZeroHedge News - https: - US Bans Kaspersky Antivirus Software, Citing Russian Influence Authored by Naveen Athrappully via The Epoch Times, The U.S. Department of Commerce banned Russian company Kaspersky from selling its anti-virus software and other cybersecurity products in the country after determining that the firm posed an “undue or unacceptable risk to national security...
EU Tariffs Of Up To 38.1% On China-Made EVs Are About To Take Hold
21.06.2024, 16:42 Uhr. ZeroHedge News - https: - EU Tariffs Of Up To 38.1% On China-Made EVs Are About To Take Hold It will only be days now before tariffs of up to 38.1% go into effect on BEVs shipped from China to the EU - the culmination of a monthslong inquiry into how Chinese made EVs have impacted the European auto market. As we noted days ago, SAIC is being hit with a 38.1% tariff and BYD...
Futures Fall, Tech Rally Fades Ahead Of Record $5 Trillion OpEx
21.06.2024, 14:19 Uhr. ZeroHedge News - https: - Futures Fall, Tech Rally Fades Ahead Of Record $5 Trillion OpEx US futures were slightly lower, with tech companies indicating declines as the AI-fueled rally showed signs of fading, even as tech funds had their largest weekly inflow on record, which Bank of America's Michael Harnett said hints at “AI capitulation.” As of 8:00am ET, S&P futures...
Allstate Reports May Pretax Catastrophe Losses Of $1.4 Billion
21.06.2024, 12:30 Uhr. ZeroHedge News - https: - Allstate Reports May Pretax Catastrophe Losses Of $1.4 Billion By Chad Hemenway of Insurance Journal Allstate Corp. on Thursday reported May pretax catastrophe losses of about $1.4 billion. The Northbrook, Illinois-based insurer said 14 events contributed to nearly $1.5 billion in catastrophe losses for May, with 70% attributable to five wind and hail...
Die US-Regierung verbietet Kaspersky-Produkte
21.06.2024, 11:08 Uhr. >b's weblog - https: - The Biden administration on Thursday announced plans to bar the sale of antivirus software made by Russia's Kaspersky Lab in the United States, with Commerce Secretary Gina Raimondo saying that Russia's influence over the company poses a significant security risk.Die Regierung Biden kündigte am Donnerstag Pläne an, den Verkauf von Antivirensoftware...
Major Cyber Incident Paralyzes Thousands Of US Auto Dealerships
21.06.2024, 00:40 Uhr. ZeroHedge News - https: - Major Cyber Incident Paralyzes Thousands Of US Auto Dealerships The company supplying software for managing sales and services to thousands of auto dealerships across the US reported yet another cyber disruption on Thursday, disrupting sales of new and used vehicles. X user Car Dealership Guy reports that CDK Global sent an email to auto dealers...
Price Discovery Equals Short Sales
21.06.2024, 00:20 Uhr. ZeroHedge News - https: - Price Discovery Equals Short Sales Authored by Douglas French via The Mises Institute, Price discovery in commercial real estate, which had been frozen while sellers insisted on prices from the good ol’ ZIRP days, is starting to thaw. Real estate giant Related Companies has unloaded the property at 321 W. 44th St., New York City, for less than $50...
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