All posts tagged: Billions

Billions of Devices at Risk of Hacking Due to Hidden Commands

Billions of Devices at Risk of Hacking Due to Hidden Commands

Tarlogic team giving their presentation during RootedCON. Image: Tarlogic Billions of devices worldwide rely on a widely used Bluetooth-Wi-Fi chip that contains undocumented “hidden commands.” Researchers warn these commands could be exploited to manipulate memory, impersonate devices, and bypass security controls. ESP32, manufactured by a Chinese company called Espressif, is a microcontroller that enables Bluetooth and Wi-Fi connections in numerous smart devices, including smartphones, laptops, smart locks, and medical equipment. Its popularity is partly due to its low cost, with units available for just a few dollars. Must-read security coverage Hidden Bluetooth commands and potential exploits Researchers at security firm Tarlogic discovered 29 undocumented Host Controller Interface commands within the ESP32’s Bluetooth firmware. These commands enable low-level control over some Bluetooth functions, such as reading and writing memory, modifying MAC addresses, and injecting malicious packets, according to Bleeping Computer, which attended Tarlogic’s presentation at RootedCON. SEE: Zscaler Report: Mobile, IoT, and OT Cyber Threats Surged in 2024 While these functions aren’t inherently malicious, bad actors could exploit them to stage impersonation attacks, introduce and hide …

Trump’s Zelensky Revenge Plan Ready? US ‘Mulls’ Halting Military Aid ‘Worth Billions’ To Ukraine

Trump’s Zelensky Revenge Plan Ready? US ‘Mulls’ Halting Military Aid ‘Worth Billions’ To Ukraine

The US may end military aid to Ukraine after Trump’s heated exchange with Zelensky, per the Washington Post. Their White House meeting collapsed over aid terms and a mineral deal. Trump reportedly ordered Ukraine’s delegation to leave. Aid suspension could follow Zelensky’s “intransigence” in peace talks. Meanwhile, the US approved Russia’s new ambassador, signaling diplomatic shifts. Moscow also proposed resuming direct US flights in ongoing talks. Trump’s administration debates continued arms support, with existing shipments still proceeding. n18oc_crux Disclaimer: We do not own any of the content, ideas, images, or text presented here. All rights belong to their respective owners. For more information and to view the original source, please visit the following link: Source link

Judge gives Trump administration two days to release billions of dollars in blocked foreign aid

Judge gives Trump administration two days to release billions of dollars in blocked foreign aid

Feb 26, 2025 12:56 AM IST Judge gives Trump administration two days to release billions of dollars in blocked foreign aid WASHINGTON — A federal judge on Tuesday gave the Trump administration less than two days to release billions of dollars in U.S. foreign aid, saying the administration had given no sign of complying with his nearly two-week-old court order to ease its funding freeze. Judge gives Trump administration two days to release billions of dollars in blocked foreign aid The lawsuit was filed by nonprofit organizations over the cutoff of foreign assistance through the U.S. Agency for International Development and State Department, which followed a Jan. 20 executive order by President Donald Trump targeting what he portrayed as wasteful programs that do not correspond to his foreign policy goals. Nonprofit groups and businesses that receive federal money for work abroad said the freeze breaks federal law and has shut down funding for even the most urgent life-saving programs abroad. Those USAID and State partners say the administration has stiffed them on billions of dollars …

Bill Clinton’s “Reinventing Government” Saved Billions. Can Trump Do That

Bill Clinton’s “Reinventing Government” Saved Billions. Can Trump Do That

Denver: A new administration swept into Washington and announced plans to shake it up, using corporate know-how and new technology to streamline the federal bureaucracy. It offered millions of government employees buyouts and slashed costs to balance the budget. It might sound like the controversial cost-cutting push led by billionaire Elon Musk under the auspices of Republican President Donald Trump. But the biggest effort to overhaul the federal government in modern history actually was 30 years ago under a Democratic administration. It was then-President Bill Clinton’s ” Reinventing Government ” initiative, under the control of his vice president, Al Gore. Musk himself has recently tried to associate himself with the Clinton effort: “What @DOGE is doing is similar to Clinton/Gore Dem policies of the 1990s,” he posted on his social platform X, using his acronym for the effort in charge of the cuts, the Department of Government Efficiency. But the Reinventing Government project was nearly the opposite of the abrupt, chaotic Musk effort, say those who ran it or watched it unfold. It was authorized …

Trump Says Musk Will Expose “Hundreds Of Billions” In Government Fraud

Trump Says Musk Will Expose “Hundreds Of Billions” In Government Fraud

President Donald Trump has entrusted Elon Musk, the world’s richest man, with the task of uncovering “hundreds of billions of dollars of fraud” within federal agencies. In a recent Fox News interview, Trump expressed his commitment to addressing waste and abuse, stating that the American people want him to take action. “We’re going to find billions, hundreds of billions of dollars of fraud and abuse. And, you know, the people elected me on that,” Trump said in the interview excerpts released by Fox. Musk, leading the president’s cost-cutting efforts, is expected to play a crucial role in identifying areas of inefficiency and mismanagement. Trump has instructed Musk to conduct a thorough audit of the Pentagon, with a focus on uncovering billions of dollars in fraud and abuse. The Pentagon’s budget, approaching $1 trillion annually, presents a significant target for cost-cutting measures. In December, former President Joe Biden signed a bill authorising $895 billion in defense spending for the fiscal year ending September 30. Musk’s role in leading the Department of Government Efficiency has sparked controversy, …

TikTok’s service providers still risk billions in penalties for bringing it back online

TikTok’s service providers still risk billions in penalties for bringing it back online

No matter what TikTok says in its laudatory pop-up messages, President-elect Donald Trump cannot simply declare an extension of the TikTok ban deadline and protect American companies that support it from billions of dollars in fines. Trump seems to want TikTok available for his inauguration on Monday, because “Americans deserve” to see the event. But TikTok is officially banned starting today until it sells to a non-Chinese company, and there’s no deal in sight. Flouting that ban could get Apple and Google’s app stores, as well as service providers Akamai and Oracle, dinged for potentially $850 billion in penalties. Despite all this, Trump has reportedly assured companies they won’t face these fines if they let TikTok keep operating. Now, the question is simple: will Trump-friendly companies risk breaking the law to make the president happy? TikTok’s status has been uncertain since last night. President Joe Biden said he wouldn’t enforce the law on the last day of his presidency, but TikTok declared it would go dark anyway. App stores removed it in accordance with the …

‘Armageddon’: Los Angeles wildfires kill 5, wipe out homes, businesses worth billions | 10 points

‘Armageddon’: Los Angeles wildfires kill 5, wipe out homes, businesses worth billions | 10 points

Jan 09, 2025 08:24 PM IST The Los Angeles wildfires ravaged communities from the Pacific Coast to Pasadena. Ferocious winds that drove wildfires in the United States’ city of Los Angeles have relatively calmed, allowing firefighters to make progress in their operations to douse the inferno. The wildfires, which have left a trail of destruction, killed five people and affected the evacuation of thousands of LA residents, including celebrities and Hollywood stars. Firefighters work the scene as an apartment building burns during the Eaton fire in the Altadena area of Los Angeles county, California.(AFP) Here are 10 points on LA wildfires: The Los Angeles wildfires ravaged communities from the Pacific Coast to Pasadena and sent thousands of people frantically fleeing their homes. They have also burnt down properties and businesses worth billions, upending the bustling city’s economy and the lives of its residents. The Altadena neighbourhood of the city was one of the worst hit as a swath of about 250 homes was reduced to rubble. Along a stretch of about 70 wall-to-wall homes overhanging …

How Volkswagen Group Allegedly Evaded Billions In Taxes In India

How Volkswagen Group Allegedly Evaded Billions In Taxes In India

New Delhi: The Volkswagen Group, which include the brands Volkswagen, Audi, Skoda, Porche, and Lamborghini has been accused by Indian authorities of evading $1.4 billion (Rs 118.6 billion) in taxes, which is roughly Rs 11,865 crore. The companies within the Volkswagen Group accused of import duty manipulation include the Indian unit Skoda Auto Volkswagen and the models of cars involved in the alleged scam include Audi’s A4 and A6 sedans and Q5 and Q7 SUVs. It also includes Skoda’s Octavia and Superb sedans, its Kodiaq SUV, and Volkswagen’s Tiguan SUV. Relevant authorities in India have claimed after detailed scrutiny that Volkswagen has deliberately and “wilfully” manipulated its import in such a way that it evaded a higher tax slab by categorising parts to be imported under a lower tax category. This is something Volkswagen has denied, saying it complies with all local laws and is cooperating with Indian authorities. UNDERSTANDING THE IMPORT DUTIES To promote local manufacturing, India levies an import duty of 35 per cent on Completely Knocked-Down units or CKDs. These are imported …

Bitcoin surge triggers billions in losses for crypto short traders after Trump win | Technology News

Bitcoin surge triggers billions in losses for crypto short traders after Trump win | Technology News

Short sellers of cryptocurrency and blockchain-related stocks have suffered heavy losses since Nov. 6, after bitcoin surged to record highs, on optimism U.S. President-elect Donald Trump would implement a more favorable regulatory framework. Crypto short trades looked set for a further hammering on Monday as most cryptocurrency-related stocks jumped in U.S. premarket trading. Among them, Coinbase was last up close to 16%, tracking the surge in bitcoin prices. Traders who bet against MicroStrategy, one of bitcoin’s biggest corporate backers, lost more than $1.2 billion between Nov. 6 and Nov. 8, according to data analytics firm Ortex, and are down more than $6 billion so far this year. Combined short-selling losses on crypto-exchange operator Coinbase Global, crypto miners Riot Platforms and MARA Holdings, and blockchain-farm operator Bitfarms were about $1.2 billion, as of the Nov. 8 close. Bitcoin, the world’s largest cryptocurrency, soared to a record high above $82,000 on Monday, with a nearly 19% jump since Nov. 6, when Republican candidate Trump reclaimed the presidency after defeating Vice President Kamala Harris. “Bitcoin speculators are betting …

Indian movies, shows clock over 1 billions views on Netflix in 2023, says streamer in new report | Bollywood

Mumbai, Series and movies from India clocked over 1 billion views on Netflix in 2023, the streaming service said on Friday in its second engagement report. Indian movies, shows clock over 1 billions views on Netflix in 2023, says streamer in new report The report, titled “What We Watched: A Netflix Engagement Report”, presented the streaming service’s viewership data for the period of July to December 2023. Unlock exclusive access to the latest news on India’s general elections, only on the HT App. Download Now! Download Now! Subscribers across the world watched about 90 billion hours of content on Netflix in the second half of 2023. From India, Sujoy Ghosh’s “Jaane Jaan” was the most watched movie on Netflix with 20.2 million views, followed by Shah Rukh Khan’s “Jawan” with 16.2 million views and Vishal Bhardwaj’s “Khufiya” with 12.1 million views. The other popular titles include “OMG 2” , “Lust Stories 2” , “Dream Girl 2” and true-crime documentary “Curry & Cyanide” . From the series that were launched on Netflix, “The Railway Men”, starring …