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NEW YORK , Dec. 2, 2024 /PRNewswire/ -- Tannenbaum Helpern is pleased to announce that Anne-Mette Elkjær Andersen has joined the Firm as partner in the Firm's Corporate practice. Anne-Mette is a highly qualified corporate attorney focusing on cross border and U.S. mergers and acquisitions, international business transactions, and corporate transactions and corporate compliance for engineering & architecture firms. Her decades of experience include advising clients on strategic purchases and sales in many sectors, including engineering, architecture, and other licensed professional design professions; defense; software; renewable energy; oil and gas; technology; retail and manufacturing; service; aviation; and shipping and rail, among others. Javascript is required for you to be able to read premium content. Please enable it in your browser settings.Stoli vodka files for bankruptcy in the United States
NEW YORK , Dec. 2, 2024 /PRNewswire/ -- Tannenbaum Helpern is pleased to announce that Anne-Mette Elkjær Andersen has joined the Firm as partner in the Firm's Corporate practice. Anne-Mette is a highly qualified corporate attorney focusing on cross border and U.S. mergers and acquisitions, international business transactions, and corporate transactions and corporate compliance for engineering & architecture firms. Her decades of experience include advising clients on strategic purchases and sales in many sectors, including engineering, architecture, and other licensed professional design professions; defense; software; renewable energy; oil and gas; technology; retail and manufacturing; service; aviation; and shipping and rail, among others. Anne-Mette comes to Tannenbaum Helpern from the New York office of Holland & Knight, where she counseled clients on international M&A, financing and securities, performed regulatory and licensing work for professional design corporations, and assisted startup and emerging growth companies enter the U.S. market. Her clients include U.S. and foreign established privately and publicly held corporations and emerging companies on stock and asset sales, joint ventures, and SPAC matters, among others. Her experience also includes advising foreign bank clients on loan and financing agreements involving U.S.-based subsidiaries of foreign clients. Anne-Mette's primary experience is with private strategic buyers and sellers, and she also has experience in public and private securities offerings and initial public offerings (IPOs), including simultaneous offerings both in the U.S. and internationally. Anne-Mette began her career in Denmark as a lawyer with the Danish Ministry of Justice. She also spent four years with the Danish law firm Reumert & Partners (now Kromann Reumert), primarily in the areas of general corporate law, M&A and insolvency law. While practicing in Denmark , Anne-Mette represented, among others, U.S., Canadian, and Danish corporations in M&A transactions and other corporate matters. Managing Partner Andrew W. Singer commented, "Anne-Mette will expand our Corporate and M&A practices, facilitate increased opportunities for our clients and increase our ability to pursue new client relationships, especially in overseas markets and the professional design professions. Welcome, Anne-Mette!" "Anne-Mette is a welcome addition to Tannenbaum Helpern . Her capabilities and international reach add to our existing platform and relationships, both in the U.S. and globally," said Drew Jaglom , Chair of Tannenbaum Helpern's Corporate practice. Regarding her arrival, Anne-Mette added, "It's my privilege to join Tannenbaum Helpern . I'm excited to be a part of such a talented team of attorneys, and a Firm that is focused on the future!" About Tannenbaum Helpern Since 1978, Tannenbaum Helpern Syracuse & Hirschtritt LLP has combined a powerful mix of insight, creativity, industry knowledge, legal talent and experience to successfully guide clients through periods of challenge and opportunity. Our mission is to deliver the highest quality legal services in a practical and efficient manner and to provide the judgment, common sense and legal acumen of well trained, business minded lawyers, all within a culture that fosters an inclusive and respectful workplace. Through our commitment to exceptional service and driven by a focus on results, Tannenbaum Helpern continues to earn the loyalty of our clients and a reputation for excellence. For more information, visit www.thsh.com . Jennifer Papantonio Chief Marketing & Business Development Officer papantonio@thsh.com 212.702.3147 View original content to download multimedia: https://www.prnewswire.com/news-releases/anne-mette-elkjaer-andersen-joins-tannenbaum-helpern-as-partner-in-the-firms-corporate-practice-group-302320136.html SOURCE Tannenbaum Helpern Syracuse & Hirschtritt LLPNEW YORK, Dec. 06, 2024 (GLOBE NEWSWIRE) -- Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against ASP Isotopes Inc. ("ASP Isotopes" or "the Company") ASPI and certain of its officers. Class Definition This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired ASP Isotopes securities between October 30, 2024 and November 26, 2024, both dates inclusive (the "Class Period"). Such investors are encouraged to join this case by visiting the firm's site: bgandg.com/ASPI. Case Details The complaint alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company's business, operations, and prospects. Specifically, the Complaint alleges that Defendants failed to disclose to investors: (1) the Company overstated the potential effectiveness of its enrichment technology; (2) the Company overstated the development potential of its high assay low-enriched uranium facility; (3) the Company overstated the Company's nuclear fuels operating segment results; and (4) that, as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis. What's Next? A class action lawsuit has already been filed. If you wish to review a copy of the Complaint, you can visit the firm's site: bgandg.com/ASPI. or you may contact Peretz Bronstein, Esq. or his Client Relations Manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC at 332-239-2660. If you suffered a loss in ASP Isotopes you have until February 3, 2025, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as lead plaintiff. There is No Cost to You We represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys' fees, usually a percentage of the total recovery, only if we are successful. Why Bronstein, Gewirtz & Grossman Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide. Attorney advertising. Prior results do not guarantee similar outcomes. Contact Bronstein, Gewirtz & Grossman, LLC Peretz Bronstein or Nathan Miller 332-239-2660 | info@bgandg.com © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Thrivent Financial for Lutherans trimmed its position in Sunstone Hotel Investors, Inc. ( NYSE:SHO – Free Report ) by 5.6% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 159,683 shares of the real estate investment trust’s stock after selling 9,396 shares during the period. Thrivent Financial for Lutherans owned about 0.08% of Sunstone Hotel Investors worth $1,648,000 at the end of the most recent reporting period. Several other hedge funds also recently modified their holdings of SHO. Federated Hermes Inc. purchased a new position in shares of Sunstone Hotel Investors during the second quarter valued at approximately $34,000. Quarry LP lifted its stake in shares of Sunstone Hotel Investors by 584.1% during the 2nd quarter. Quarry LP now owns 4,310 shares of the real estate investment trust’s stock worth $45,000 after purchasing an additional 3,680 shares during the period. 1620 Investment Advisors Inc. acquired a new stake in shares of Sunstone Hotel Investors during the second quarter worth $52,000. Harbor Capital Advisors Inc. purchased a new stake in shares of Sunstone Hotel Investors in the third quarter valued at $59,000. Finally, Blue Trust Inc. increased its stake in Sunstone Hotel Investors by 342.9% in the second quarter. Blue Trust Inc. now owns 7,406 shares of the real estate investment trust’s stock valued at $83,000 after purchasing an additional 5,734 shares during the last quarter. 99.37% of the stock is owned by institutional investors and hedge funds. Sunstone Hotel Investors Stock Performance Sunstone Hotel Investors stock opened at $10.75 on Friday. The company has a debt-to-equity ratio of 0.44, a current ratio of 2.98 and a quick ratio of 2.98. Sunstone Hotel Investors, Inc. has a 12 month low of $9.39 and a 12 month high of $11.59. The company has a market cap of $2.16 billion, a price-to-earnings ratio of 14.14, a price-to-earnings-growth ratio of 5.69 and a beta of 1.25. The stock’s 50-day moving average is $10.39 and its 200-day moving average is $10.26. Sunstone Hotel Investors Announces Dividend The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st will be given a $0.09 dividend. This represents a $0.36 annualized dividend and a yield of 3.35%. The ex-dividend date of this dividend is Tuesday, December 31st. Sunstone Hotel Investors’s dividend payout ratio (DPR) is presently 42.11%. Wall Street Analysts Forecast Growth Separately, Wells Fargo & Company raised Sunstone Hotel Investors from an “underweight” rating to an “equal weight” rating and set a $10.50 price target on the stock in a research note on Friday, September 13th. One investment analyst has rated the stock with a sell rating, four have given a hold rating, two have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $11.42. Check Out Our Latest Analysis on SHO Sunstone Hotel Investors Company Profile ( Free Report ) Sunstone Hotel Investors, Inc is a lodging real estate investment trust ("REIT") that as of the date of this release owns 14 hotels comprised of 6,675 rooms, the majority of which are operated under nationally recognized brands. Sunstone's strategy is to create long-term stakeholder value through the acquisition, active ownership, and disposition of well-located hotel and resort real estate. Featured Stories Five stocks we like better than Sunstone Hotel Investors Business Services Stocks Investing The Latest 13F Filings Are In: See Where Big Money Is Flowing Why Understanding Call Option Volume is Essential to Successful Options Trading 3 Penny Stocks Ready to Break Out in 2025 Do Real Estate Investment Trusts Deserve a Place in Your Portfolio? FMC, Mosaic, Nutrien: Top Agricultural Stocks With Big Potential Receive News & Ratings for Sunstone Hotel Investors Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sunstone Hotel Investors and related companies with MarketBeat.com's FREE daily email newsletter .Micah Hyde returns to Bills practice squad for one more playoff run before retiring
One week in, the ceasefire in Lebanon seems to be holding, but everything is connected: Only three days later, the civil war in Syria started up again after a de facto four-year truce. In just a few days more the Sunni Muslim fanatics of Hayat Tahrir al-Sham (HTS), formerly the Syrian branch of al-Qaida, burst out of the northwestern province of Idlib where they had been confined since 2016 and captured Aleppo, Syria’s second-biggest city. The Syrian army has completely withdrawn from Aleppo, and its spokesperson explained that “the multiplicity of battlefronts prompted our armed forces to carry out a redeployment operation aimed at strengthening the defence lines in order to absorb the attack, preserve the lives of civilians and soldiers, and prepare for a counterattack.” “Redeployment” usually means “retreat,” and at last report HTS forces were advancing down the main north-south freeway and nearing the city of Hama, almost halfway to Damascus. This may not be a replay of the western scramble out of Afghanistan and the Taliban victory of 2021, but the future of Syrian dictator Bashar Assad is certainly at risk. However, two things are different this time. One is that Assad has the unwavering support of Russia (whose air force is already striking the rebel forces from its bases in Syria). The other is that a large number of Syrians (all Christians, all Shia Muslims and an indeterminate number of Sunni Muslims) prefer even Assad to the rule of the HTS fanatics. It’s no coincidence that the war in Syria restarted just as Hezbollah was defeated in Lebanon, since Lebanon and Syria were part of the same province for most of the last 1,000 years. The French divided them in 1920, ostensibly because there was a big Christian minority in Lebanon but really as part of an imperial strategy of divide-and-rule. One-third of the Lebanese are still Christians, but what drives the country’s politics now is the rivalry between Shia Muslims and Sunni Muslims. Each accounts for about a third of the population, but the Shias have dominated Lebanese politics in recent decades because they had their own powerful army, Hezbollah. That army has now suffered a grave defeat. Syria also has a Shia minority, though a much smaller one: between 10 and 15 per cent of the population. However, Shias completely dominate Syrian politics because the French filled the upper ranks of their colonial army with Shias on the same old divide-and-rule principle — and the Shias parlayed that into permanent political dominance over the whole country. For Sunnis in both Lebanon and Syria, the Shias are the main enemy. Once the Israelis had decimated Hezbollah’s forces in Lebanon over the past two months, therefore, it was only natural for Sunni extremists in Syria to have another go at overthrowing their local Shia enemy, the Assad regime. It is far from certain that they will succeed, but HTS has definitely caught the Assad regime with its pants down and is building up a momentum that will be hard to resist. What would happen if Assad and the Shias actually lost power in Syria? It would be a catastrophe for the people of Syria, who would end up living under an Islamist tyranny that would be even more repressive and brutal than the current regime. On the other hand, it could be a boon for the long-suffering Lebanese, whom Hezbollah keeps dragging into wars with Israel that most Lebanese would rather avoid. It would be a disaster for the Islamist (Shia) ayatollahs of Iran. They would lose half of their “Axis of Resistance,” the band of mostly Shia-run allies that protect Iran from direct physical confrontation with Israel. Those allies include Iraq, Syria, Hezbollah in Lebanon, and the Houthis in Yemen. Could these serial upheavals end up overthrowing the Iranian regime itself? It’s not impossible, if all the other Shia dominoes fall, one after another. Whatever regime replaced the ayatollahs would also be Shia, because 95 per cent of Iranians follow that branch of Islam, but its policies and allies might be very different. But it is too early to say that any of the dominoes will fall, let alone all of them. It’s just as likely that HTS, successor to al-Qaida and ISIS and now making such rapid progress in Syria, will over-extend itself, and that the Syrian army, Russian air power and quiet support from Egypt and the Arab Gulf states will eventually drive the jihadis back. That would be the least bad outcome, although it is certainly not a good one. If you doubt that, look at the images of HTS fighters moving south. Half of them show men with a single finger pointing to the sky: “There is only one God, and we will impose his rule.”Intech Investment Management LLC Invests $730,000 in Ready Capital Co. (NYSE:RC)
WASHINGTON — A top White House official said Wednesday at least eight U.S. telecom firms and dozens of nations were impacted by a Chinese hacking campaign. Deputy national security adviser Anne Neuberger offered new details about the breadth of the sprawling Chinese hacking campaign that gave officials in Beijing access to private texts and phone conversations of an unknown number of Americans. FILE - The American and Chinese flags wave at Genting Snow Park ahead of the 2022 Winter Olympics, in Zhangjiakou, China, on Feb. 2, 2022. A top White House official on Wednesday said at least eight U.S. telecom firms and dozens of nations have been impacted by a Chinese hacking campaign. (AP Photo/Kiichiro Sato, File) Neuberger divulged the scope of the hack a day after the FBI and the Cybersecurity and Infrastructure Security Agency issued guidance intended to help root out the hackers and prevent similar cyberespionage in the future. White House officials cautioned that the number of telecommunication firms and countries impacted could grow. The U.S. believes the hackers were able to gain access to communications of senior U.S. government officials and prominent political figures through the hack, Neuberger said. “We don’t believe any classified communications has been compromised,” Neuberger added during a call with reporters. She added that Biden was briefed on the findings and the White House “made it a priority for the federal government to do everything it can to get to the bottom this.” US officials recommend encrypted messaging apps amid "Salt Typhoon" cyberattack, attributed to China, targeting AT&T, Verizon, and others. The Chinese embassy in Washington rejected the accusations that it was responsible for the hack Tuesday after the U.S. federal authorities issued new guidance. “The U.S. needs to stop its own cyberattacks against other countries and refrain from using cyber security to smear and slander China,” embassy spokesperson Liu Pengyu said. The embassy did not immediately respond to messages Wednesday. White House officials believe the hacking was regionally targeted and the focus was on very senior government officials. Federal authorities confirmed in October that hackers linked to China targeted the phones of then-presidential candidate Donald Trump and his running mate, Sen. JD Vance, along with people associated with Democratic candidate Vice President Kamala Harris. The number of countries impacted by the hack is currently believed to be in the “low, couple dozen,” according to a senior administration official. The official, who spoke on the condition of anonymity under rules set by the White House, said they believed the hacks started at least a year or two ago. The suggestions for telecom companies released Tuesday are largely technical in nature, urging encryption, centralization and consistent monitoring to deter cyber intrusions. If implemented, the security precautions could help disrupt the operation, dubbed Salt Typhoon, and make it harder for China or any other nation to mount a similar attack in the future, experts say. Trump's pick to head the Federal Bureau of Investigation Kash Patel was allegedly the target of cyberattack attempt by Iranian-backed hackers. Neuberger pointed to efforts made to beef up cybersecurity in the rail, aviation, energy and other sectors following the May 2021 ransomware attack on Colonial Pipeline . “So, to prevent ongoing Salt Typhoon type intrusions by China, we believe we need to apply a similar minimum cybersecurity practice,” Neuberger said. The cyberattack by a gang of criminal hackers on the critical U.S. pipeline, which delivers about 45% of the fuel used along the Eastern Seaboard, sent ripple effects across the economy, highlighting cybersecurity vulnerabilities in the nation’s aging energy infrastructure. Colonial confirmed it paid $4.4 million to the gang of hackers who broke into its computer systems as it scrambled to get the nation's fuel pipeline back online. Picture this: You're on vacation in a city abroad, exploring museums, tasting the local cuisine, and people-watching at cafés. Everything is going perfectly until you get a series of alerts on your phone. Someone is making fraudulent charges using your credit card, sending you into a panic. How could this have happened? Cyberattacks targeting travelers are nothing new. But as travel has increased in the wake of the COVID-19 pandemic, so has the volume of hackers and cybercriminals preying upon tourists. Financial fraud is the most common form of cybercrime experienced by travelers, but surveillance via public Wi-Fi networks, social media hacking, and phishing scams are also common, according to a survey by ExpressVPN . Spokeo consulted cybersecurity sources and travel guides to determine some of the best ways to protect your phone while traveling, from using a VPN to managing secure passwords. Online attacks are not the only type of crime impacting travelers—physical theft of phones is also a threat. Phones have become such invaluable travel aids, housing our navigation tools, digital wallets, itineraries, and contacts, that having your phone stolen, lost, or compromised while abroad can be devastating. Meanwhile, traveling can make people uniquely vulnerable to both cyber and physical attacks due to common pitfalls like oversharing on social media and letting your guard down when it comes to taking risks online. Luckily, there are numerous precautions travelers can take to safeguard against cyberattacks and phone theft. Hackers can—and do—target public Wi-Fi networks at cafés and hotels to gain access to your personal information or install malware onto your device, particularly on unsecured networks. Travelers are especially vulnerable to these types of cybersecurity breaches because they are often more reliant on public Wi-Fi than they would be in their home countries where they have more robust phone plans. This reliance on public, unsecured networks means travelers are more likely to use those networks to perform sensitive tasks like financial transfers, meaning hackers can easily gain access to banking information or other passwords. One easy way to safeguard yourself against these breaches is to use a virtual private network, or VPN, while traveling. VPNs are apps that encrypt your data and hide your location, preventing hackers from accessing personal information. An added bonus is that VPNs allow you to access websites that may be blocked or unavailable in the country you are visiting. To use a VPN, simply download a VPN app on your phone or computer, create an account, choose a server, and connect. Pickpockets, scammers, and flagrant, snatch-your-phone-right-out-of-your-hand thieves can be found pretty much everywhere. In London, for instance, a staggering 91,000 phones were reported stolen to police in 2022 , breaking down to an average of 248 per day, according to the BBC. Whether you're visiting a crowded tourist attraction or just want peace of mind, travel experts advise taking precautions to make sure your phone isn't physically stolen or compromised while traveling. There are several antitheft options to choose from. If you want a bag that will protect your phone from theft, experts recommend looking for features like slash-resistant fabric, reinforced shoulder straps, hidden zippers that can be locked, and secure attachment points, like a cross-body strap or a sturdy clip. For tethers, look for those made of tear-resistant material with a reinforced clip or ring. If your phone falls into the wrong hands, there's a good chance you won't be getting it back. Out of those 91,000 phones stolen in London in 2022, only 1,915 (or about 2%) were recovered. The good news is that you can take precautions to make the loss of your phone less devastating by backing up your data before you travel. With backed-up data, you can acquire a new device and still access your photos, contacts, messages, and passwords. Moreover, if you have "Find My Device" or "Find My Phone" enabled, you can remotely wipe your stolen phone's data so the thief cannot access it. It's safest to back up your data to a hard drive and not just the cloud. That way, if you have to wipe your device, you don't accidentally erase the backup, too. In order for the previous tip on this list to work, "Find My Phone" must be turned on in advance, but remotely wiping your device isn't the only thing this feature allows you to do. The "Find My Phone" feature enables you to track your device, as long as it's turned on and not in airplane mode. This is particularly helpful if you misplaced your phone or left it somewhere since it can help you retrace your steps. While this feature won't show you the live location of a phone that has been turned off, it will show the phone's last known location. With "Find My Phone," you can also remotely lock your phone or enable "Lost Mode," which locks down the phone, suspends any in-phone payment methods, and displays contact information for returning the phone to you. If your phone was stolen, experts caution against taking matters into your own hands by chasing down the thief, since this could land you in a potentially dangerous situation and is unlikely to result in getting your phone back. Strong passwords for important accounts help protect your information while you travel, but it's just a first step. The National Cybersecurity Alliance recommends creating long, unique, and complex passwords for every account and combining them with multifactor authentication to create maximum barriers to entry. If you're worried about remembering these passwords, password managers can be a vital tool for both creating and storing strong passwords. Password managers are apps that act as secure vaults for all your passwords. Some even come with a feature that allows you to temporarily delete sensitive passwords before you travel and then easily restore them once you return. Story editing by Mia Nakaji Monnier. Additional editing by Kelly Glass. Copy editing by Tim Bruns. Photo selection by Lacy Kerrick. This story originally appeared on Spokeo and was produced and distributed in partnership with Stacker Studio. The business news you need Get the latest local business news delivered FREE to your inbox weekly.Unveiling a century of stress and deformation: Insights from Kīlauea Volcano's 1975 earthquake
The Billionaires In Trump’s Next Administration: Elon Musk, Jared Isaacman, Warren Stephens And MoreMumbai: In a major step into the murder probe of the Nationalist Congress Party (NCP) leader Baba Siddique, the Mumbai Police declared gangster Anmol Bishnoi a ‘wanted accused’ and slapped the draconian Maharashtra Control of Organised Crime Act (MCOCA) against 26 others involved in the killing, here on Saturday. Police officials said that while 26 accused including three sharp shooters have been arrested, they are on the lookout for three other fugitives including Anmol Bishnoi – the younger brother of jailed mafia leader Lawrence Bishnoi. “The provisions of the MCOCA, 1999, have been invoked in this (Siddique murder) case. The investigation is ongoing. As of now, 26 accused have been arrested, while three accused – Anmol Bishnoi, Shubham Rameshwar Lonkar, and Zishan Mohammad Akhtar — are wanted accused in the case,” police officials said on Saturday. Anmol Bishnoi, 26, who was holed up in the US, was detained last fortnight and later arrested by the local US law enforcers. He is currently cooling his heels in custody at the Pottawattamie County Jail in Iowa State. On October 12, Siddique (66), a senior NCP leader and ex-Congress Minister having close links with Bollywood and business circles, was shot dead outside his son Zeeshan Siddique’s office in Bandra East, at the height of the Dassehra Day celebrations, sparking a national political furore. Initially, the Nirmal Nagar Police Station registered an FIR on the incident, and subsequently, the Crime Branch-CID also entered the investigations given the political implications ahead of the just-concluded November 20 Maharashtra Assembly elections. Probing the case, the Mumbai Police have arrested 26 accused in an ongoing operation spread across several districts of the state and other states. The police had filed the case under BNS Sections 103(1), 109, 125, and 3(5), read with Sections 3, 5, 25, and 27 of the Arms Act and Sections 37 and 135 of the Maharashtra Police Act (MPA), and now additional charges under MCOCA. The police have so far seized five weapons and 64 bullets from the accused, who include three sharpshooters, assigned the task of eliminating Siddique or his son Zeeshan B. Siddique. Lawyers explained that confessions made before the police under MCOCA are admissible as evidence in the court and it is difficult to retract them or secure bail. Besides the Siddique killing, the Bishnois have also been allegedly involved in the multiple death threats to Bollywood legend Salim Khan and his actor son Salman Khan, besides a firing carried out at their Bandra home on April 14.
NoneMoldova continues to face a high-intensity hybrid war, including a significant increase in malign cyber activity and incursions. This necessitates increasing focus on the development of cyber resilience, which would also support the continued efforts of the Moldovan government to digitize more systems and the ongoing growth of the country's technology sector. Moldova’s data and cybersecurity policy efforts have not kept pace with the development and use of digital infrastructure, further complicating the challenge of counteracting the cyber aspects of the ongoing high-intensity hybrid war. Strategic and deliberate investments made in Moldova over the next five years thus have an enormous potential for return. Given the importance of the topic, this report provides an overview of Moldova’s recent digitization journey. This paper provides a deeper dive into the technology sector, including Moldova’s efforts to increase digital literacy and to strengthen human capital, as well as its e-governance efforts. Moreover, this piece outlines the country’s current cybersecurity landscape, including some specific risks and opportunities as well as the support Moldova’s partners and allies are delivering in this space. Most importantly, this piece includes key policy recommendations to strengthen the sector in support of securing Moldova’s democratic and economic future. This report is made possible by support from the U.S. Agency for International Development.
ASUP tasks members on two-week strike complianceThe push for artificial intelligence in defense weapons is getting a boost from OpenAI’s new partnership with Anduril Industries. The defense technology company announced a strategic partnership with the ChatGPT maker on Wednesday to improve the ability of its counter-unmanned aircraft systems (CUAS) “to detect, assess and respond to potentially lethal aerial threats in real-time.” Both companies will look into how OpenAI’s leading-edge AI models, such as GPT-4o and OpenAI o1, can be used “to rapidly synthesize time-sensitive data, reduce the burden on human operators, and improve situational awareness.” Through the partnership, the defense company said OpenAI’s models will be trained on Anduril’s anti-drone systems’ threats and operations data. “OpenAI builds AI to benefit as many people as possible, and supports U.S.-led efforts to ensure the technology upholds democratic values,” OpenAI chief executive Sam Altman said in a statement. “Our partnership with Anduril will help ensure OpenAI technology protects U.S. military personnel, and will help the national security community understand and responsibly use this technology to keep our citizens safe and free.” Until January, OpenAI’s usage policies said it did not allow usage of its models for “[a]ctivity that has high risk of physical harm” such as “military and warfare.” The updated usage policies do not mention military or warfare, but still say users should not use its “service to harm yourself or others,” including by developing or using weapons. In November, FedScoop reported that OpenAI and the Air Force Research Laboratory were partnering to provide limited ChatGPT Enterprise for its research and development work. The same month, OpenAI rival Anthropic and data analytics software platform Palantir ( PLTR -1.56% ) announced a partnership with Amazon Web Services ( AMZN +2.20% ) to offer the AI startup’s Claude AI models to U.S. intelligence and defense agencies . 📬 Sign up for the Daily Brief Our free, fast, and fun briefing on the global economy, delivered every weekday morning.
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Apple @ Work: What happens when you trade-in an old Apple product? Inside Assurants new facility to save devices from landfillsEV Builder BYD Among Apple’s Top iPad AssemblersNEW YORK — Stoli Group USA, the owner of the namesake vodka , has filed for bankruptcy as it struggled to contend with slowing demand for spirits, a major cyberattack that has snarled its operations and several years of fighting Russia in court. The company in its bankruptcy filing said it is “experiencing financial difficulties” and lists between $50 million and $100 million in liabilities. Stoli vodka and Kentucky Owl bourbon will continue to be available on store shelves while the company navigates the Chapter 11 process, which only pertains to its U.S. business. Until 2022, Stoli was sold as Stolichnaya in the United States, which loosely translates to “capital city” in Russian. The company shortened its title following Russia’s invasion of Ukraine and boycotts against Russian-branded vodkas . Stoli Group’s founder, Russian-born billionaire Yuri Shefler, was exiled from that nation in 2000 because of his opposition to President Vladimir Putin. Intel announced on December 2 that CEO Pat Gelsinger has resigned after a difficult stint at the company. The once-dominant chipmaker’s stock cratered as it missed the AI boom and was surpassed by most of its rivals. The liquor has long been marketed as a Russian vodka, but its production facilities have been in Latvia for several decades. Stoli Group is a unit of Luxembourg-based SPI Group, which owns other spirit and wine brands. “The Stoli Group has been targeted by the Russian Federation since it was formed nearly 25 years ago,” said Stoli Group CEO Chris Caldwell in a statement. “Earlier this year the company and our owner were both named by the Russian state as ‘extremist groups working against Russia’s interests.’” Its ongoing legal battle with the Russia government has forced Stoli to “spend dozens of millions of dollars on this long-term court battle across the globe with the Russian authorities,” according to its court filing. Caldwell also said that Stoli’s global operations has been a “victim of a malicious cyber attack” that has forced the company to operate “entirely manually while the systems are rebuilt.” A slowdown in demand for alcohol has crushed several company’s bottom lines following the pandemic when people were stuck at home and stocked up. Stoli’s filings said that it has seen a “decline and softening of demand for alcohol and spirits products post-Covid and especially beginning in 2023 and continuing into 2024.” Stoli Group USA, maker of Stoli vodka, has filed for bankruptcy due to slowing demand for spirits, a major cyberattack, and ongoing legal battles with Russia. The-CNN-WireTM & © 2024 Cable News Network, Inc., a Warner Bros. Discovery Company. All rights reserved. Get the latest local business news delivered FREE to your inbox weekly.
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