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US: Hack of federal agencies 'likely Russian in origin' | Politics

01/08/2021 admin

The intruders had been stalking through government agencies, defense contractors and telecommunications companies for at least seven months when it was discovered.Experts say that gave the foreign agents ample time to collect data that could be highly damaging to US national security, though the scope of the breaches and exactly what information was sought is unknown. […]

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Navy arms destroyers with new drone, aircraft and missile defenses

01/03/2021 admin

Attacking enemy cruise missiles, fighter jets, helicopters and longer-range high altitude ballistic missiles all present substantial threats to Navy surface ships, especially when multiple attacks arrive simultaneously. By and large, defending against incoming ballistic missiles and air and cruise missiles requires separate defensive systems … until now. […]

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Invesco Ltd.: Form 8.3 – Take-Two Interactive Software Inc.

12/29/2020 admin

PUBLIC DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORERule 8.3 of the Takeover Code (the “Code”) 1.         KEY INFORMATION (a) Full name of discloser: Invesco Ltd.(b) Owner or controller of interests and short positions disclosed, if different from 1(a):     The naming of nominee or vehicle companies is insufficient.  For a trust, the trustee(s), settlor and beneficiaries must be named.  (c) Name of offeror/offeree in relation to whose relevant securities this form relates:     Use a separate form for each offeror/offeree   Take-Two Interactive Software Inc.(d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:  (e) Date position held/dealing undertaken:     For an opening position disclosure, state the latest practicable date prior to the disclosure   24-12-2020(f)  In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?     If it is a cash offer or possible cash offer, state “N/A”   No   2.         POSITIONS OF THE PERSON MAKING THE DISCLOSURE If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security. (a)   Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any) Class of relevant security:   Common Stock US8740541094      InterestsShort positions Number %Number %(1) Relevant securities owned and/or controlled: 2,102,345 1.827%   (2) Cash-settled derivatives:         (3) Stock-settled derivatives (including options) and agreements to purchase/sell:              TOTAL: 2,105,345 1.827%    All interests and all short positions should be disclosed. Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions). (73) Rights to subscribe for new securities (including directors’ and other employee options) Class of relevant security in relation to which subscription right exists:  Details, including nature of the rights concerned and relevant percentages:   3.         DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1©, copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in. The currency of all prices and other monetary amounts should be stated. (a)           Purchases and sales Class of relevant security Purchase/sale   Number of securities Price per unitCommon Stock Sale 2 202.47 USDCommon Stock Sale 6 202.50 USDCommon Stock Purchase 6 202.47 USDCommon Stock Purchase 2,041 202.50 USD  (b)       Cash-settled derivative transactions Class of relevant security Product descriptione.g. CFD Nature of dealinge.g. opening/closing a long/short position, increasing/reducing a long/short  position Number of reference securities Price per unit            (c)        Stock-settled derivative transactions (including options) (i)         Writing, selling, purchasing or varying Class of relevant security Product description e.g. call option Writing, purchasing, selling, varying etc. Number of securities to which option relates Exercise price per unit Typee.g. American, European etc. Expiry date Option money paid/ received per unit                (ii)        Exercise Class of relevant security Product descriptione.g. call option Exercising/ exercised against Number of securities Exercise price per unit            (d)        Other dealings (including subscribing for new securities) Class of relevant security Nature of dealinge.g. subscription, conversion Details Price per unit (if applicable)          4.         OTHER INFORMATION (a)        Indemnity and other dealing arrangements Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the person making the disclosure and any party to the offer or any person acting in concert with a party to the offer:Irrevocable commitments and letters of intent should not be included.  If there are no such agreements, arrangements or understandings, state “none”None (b)        Agreements, arrangements or understandings relating to options or derivatives Details of any agreement, arrangement or understanding, formal or informal, between the person making the disclosure and any other person relating to:(i)  the voting rights of any relevant securities under any option; or (ii) the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced:If there are no such agreements, arrangements or understandings, state “none”  None   (c)        Attachments Is a Supplemental Form 8 (Open Positions) attached? NO Date of disclosure: 29-12-2020Contact name: Sam Edwards Telephone number: +441491 416381 Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service and must also be emailed to the Takeover Panel at monitoring@disclosure.org.uk.  The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s disclosure requirements on +44 (0)20 7638 0129. The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk. […]

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Man Group PLC : Form 8.3 – Take-Two Interactive Software Inc

12/18/2020 admin

FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORERule 8.3 of the Takeover Code (the “Code”) 1.         KEY INFORMATION (a) Full name of discloser:Man Group PLC(b) Owner or controller of interests and short positions disclosed, if different from 1(a):     The naming of nominee or vehicle companies is insufficient.  For a trust, the trustee(s), settlor and beneficiaries must be named. (c) Name of offeror/offeree in relation to whose relevant securities this form relates:     Use a separate form for each offeror/offereeTake-Two Interactive Software, Inc(d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: (e) Date position held/dealing undertaken:     For an opening position disclosure, state the latest practicable date prior to the disclosure17/12/2020(f)  In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?     If it is a cash offer or possible cash offer, state “N/A”YES / NO / N/AIf YES, specify which: OFFEREE: Codemasters Group Holdings plc 2.         POSITIONS OF THE PERSON MAKING THE DISCLOSURE If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security. (a)        Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any) Class of relevant security:      InterestsShort positionsNumber%Number%(1) Relevant securities owned and/or controlled:               180,528 0.1570-                       15,625 -0.0136(2) Cash-settled derivatives:                          –   0-                       23,658 -0.0206(3) Stock-settled derivatives (including options) and agreements to purchase/sell:                        –   0                              –   0       TOTAL:               180,528 0.1570-                       39,283 -0.0342 All interests and all short positions should be disclosed. Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions). (b)        Rights to subscribe for new securities (including directors’ and other employee options) Class of relevant security in relation to which subscription right exists: Details, including nature of the rights concerned and relevant percentages:  3.         DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in. The currency of all prices and other monetary amounts should be stated. (a)        Purchases and sales Class of relevant securityPurchase/sale  Number of securitiesPrice per unitCommon StockSale3195.33Common StockPurchase266193.64Common StockPurchase99197.12Common StockSale30194.34Common StockSale7194.41Common StockSale7194.41Common StockSale9194.41Common StockSale13194.41Common StockSale44194.41Common StockSale3194.41Common StockPurchase22,968195.12Common StockSale22,968195.12 (b)        Cash-settled derivative transactions Class of relevant securityProduct descriptione.g. CFDNature of dealinge.g. opening/closing a long/short position, increasing/reducing a long/short positionNumber of reference securitiesPrice per unit (c)        Stock-settled derivative transactions (including options) (i)         Writing, selling, purchasing or varying Class of relevant securityProduct description e.g. call optionWriting, purchasing, selling, varying etc.Number of securities to which option relatesExercise price per unitTypee.g. American, European etc.Expiry dateOption money paid/ received per unit (ii)        Exercise Class of relevant securityProduct descriptione.g. call optionExercising/ exercised againstNumber of securitiesExercise price per unit        (d)        Other dealings (including subscribing for new securities) Class of relevant securityNature of dealinge.g. subscription, conversionDetailsPrice per unit (if applicable)       4.         OTHER INFORMATION (a)        Indemnity and other dealing arrangements Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the person making the disclosure and any party to the offer or any person acting in concert with a party to the offer:Irrevocable commitments and letters of intent should not be included.  If there are no such agreements, arrangements or understandings, state “none”      (b)        Agreements, arrangements or understandings relating to options or derivatives Details of any agreement, arrangement or understanding, formal or informal, between the person making the disclosure and any other person relating to:(i)  the voting rights of any relevant securities under any option; or (ii) the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced:If there are no such agreements, arrangements or understandings, state “none”      (c)        Attachments Is a Supplemental Form 8 (Open Positions) attached?YES/NO Date of disclosure:18/12/2020Contact name:Abdi MusseTelephone number:+442071443164 Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service. The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s disclosure requirements on +44 (0)20 7638 0129. The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk. […]

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Darktrace Says Its AI Can Be Used for Employee Monitoring

12/04/2020 admin

(Bloomberg) — Darktrace Ltd.’s artificial intelligence could be used to better “understand the productivity and performance” of employees, the British company’s Chief Strategy Officer Nicole Eagan said.“There are adjacent applications” for businesses beyond the cybersecurity functions it focuses on now, Eagan said at the Web Summit conference on Thursday. The technology could also be used to help companies monitor compliance with laws like Europe’s GDPR data protection regime.Employers Panic-Buy Spy Software to Keep Tabs on Remote WorkersThe company’s technology works by learning how companies function, monitoring different processes such as employee email patterns to discover irregularities that might flag potential fraud or hacking vulnerabilities. Darktrace’s ability to autonomously respond to such irregularities could lead to other applications for businesses, Eagan said.A number of companies have turned to employee-monitoring software during the pandemic to help manage productivity from a suddenly remote workforce. These types of programs, which can monitor how long workers are logged on or the amount of time it takes to finish a task, can raise privacy concerns, particularly if people aren’t aware of the surveillance.Barclays Plc was investigated by the U.K.’s Information Commissioner’s Officer for using employee-monitoring tools earlier this year. The bank said the rollout was a limited pilot.Darktrace also aims to make its AI more holistic, moving to systems that can be “self healing” after a cyberattack, Eagan said. The company last year introduced an AI “analyst” that can interpret the system’s own findings as it searches for irregularities.The company, founded in 2013, is weighing an initial public offering as soon as next year.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P. […]

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Why software developers might be obsolete by 2030

10/15/2020 admin

In 1930, John Maynard Keynes predicted we’d be having 15-hour workweeks by the end of the century. But by the time it was 2013, it was clear the great economist had gotten something wrong. Welcome to the era of bullshit jobs, as anthropologist David Graeber coined it. Since the 1930s, whole new industries have sprung up, which don’t […] […]

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Working From Home Doesn’t Mean You’re Not Being Watched

05/21/2020 admin

If you’re working from home, you may be out of the office, but that doesn’t always mean you’re unsupervised. Spy software is flying off the shelves, according to cyber security specialists, and a private investigator told NBC 7 he’s busier than ever keeping an eye on employees working from home. So, who’s behind it all? Well, it could be your… […]