FLORIDA PAYS $600,000 RANSOM TO HACKERS WHO PARALYSED THE CITY’S COMPUTER SYSTEMS

A Florida city agreed to pay $600,000 in ransom to hackers who took over its computer system, the latest in thousands of attacks worldwide aimed at extorting money from governments and businesses. The Riviera Beach City Council voted unanimously this week to pay the hackers’ demands, believing the Palm Beach suburb had no choice if it wanted to retrieve its records, which the hackers encrypted. The council already voted to spend almost $1 million on new computers and hardware after hackers captured the city’s system three weeks ago. The hackers…

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Computer Science’s Gender Gap Will Take More Than A Century To Fix

The gender gap in computer science research won’t reach equality for more than a century, according to new research released Friday that showed computer science isn’t just lagging behind, it’s also going in the wrong direction. An analysis of 2.87 million computer science research papers between 1970 and 2018 shows that “under our most optimistic projection models, gender parity is forecast to be reached by 2100, and significantly later under more realistic assumptions,” researchers wrote. “In contrast, parity is projected to be reached within two to three decades in the…

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IL&FS probe: Not just connivance, auditors also pitched products to top-brass

Auditors of debt-laden IL&FS not only connived with the top management in their fraudulent activities, but also sought to sell them certain products and services, according to findings of the SFIO probe that show large-scale violations in their auditing activities. The Serious Fraud Investigation Office (SFIO) probe into IL&FS group firm — IL&FS Financial Services Ltd (IFIN) — has revealed serious lapses at the level of auditors, auditing committee and the then top brass of the group. While the government has appointed a new board at IL&FS as part of…

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Bitter Apricot Seed Products Recalled Due to Concerns Over Cyanide Poisoning

A recall warning has been issued for bitter raw apricot seeds and apricot seed meal from the brand Apricot Power due to concerns over cyanide poisoning. Ecoideas Innovations Inc., a Canadian natural health product retailer, issued the recall on June 1 because their Apricot Power brand of Bitter Raw Apricot Seeds and Apricot Seed Meal contain a natural toxin called amygdalin. The toxin, which is found in bitter apricot kernels, may cause cyanide poisoning if consumed in large enough quantities. The recall warning, issued by the Canadian Food Inspection Agency (CFIA), says…

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India’s coconut products export to cross ₹2,000 crore in FY19

A higher price realisation of activated carbon in the overseas market has pushed up India’s coconut product exports to cross the ₹2,000 crore mark in FY19. The country exported 80,467 tonnes of activated carbon valued at ₹1123.64 crore till January this year and the total exports in overall products stood at ₹1812.55 crore. The final figures are yet to be compiled, but it is set to touch the range of ₹2,100 crore up to March this year. Activated carbon fetched a price of ₹140/kg in FY 19 vis-a-vis ₹100/kg in FY18. The low price of coconut…

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Rare Apple-1 computer to go under the hammer at Christie’s, may fetch Rs 4.56 cr

Related Catherine Deneuve’s Yves Saint Laurent wardrobe fetches $1.02 million at Christie’s auction Travelling frames: George Michael’s personal art collection to go on tour before Christie’s auction Jeff Koons’ sculpture named ‘Rabbit’ goes under the hammer, fetches $91 mn at auction Catherine Deneuve’s Yves Saint Laurent wardrobe fetches $1.02 million at Christie’s auction Travelling frames: George Michael’s personal art collection to go on tour before Christie’s auction NEW DELHI: In 1976, Apple Inc made and sold the first ever Apple computer. Fewer than half of the 200 Apple-1 computers, ever…

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Maruti Suzuki To Launch 2 All-New Car Brands In India – Report

Maruti Suzuki will reportedly introduce Nexa as a separate car brand by 2022-23; will likely offer premium vehicles Maruti Suzuki India Limited (MSIL) inaugurated the Nexa premium dealerships in 2015 and the first product was the S-Cross. Despite the initial hiccups, it did get going well following the arrival of Baleno hatchback and four years on, it is significantly contributing to the brand’s sales tally every month. Maruti Suzuki is consistently expanding Nexa’s reach and it has been paying them good dividends. Along with it, the regular Arena as well…

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Lupin gains on exclusive rights to sell Aptissen products in Canada

Shares of Lupin rose 1 percent intraday Thursday as company entered into definitive distribution agreement with Aptissen S.A. Lupin and Aptissen S.A. entered into a definitive distribution agreement under which Aptissen has granted Lupin the exclusive rights to market, distribute and sell the current Aptissen products in Canada, company said in BSE filing. This includes immediate rights to distribute Synolis VA for the treatment of Osteoarthritis. Synolis VA (Visco-Antalgic) is the intra-articular injection product for osteoarthritis with a unique combination of Hyaluronic Acid and high concentration of Sorbitol. Synolis VA 40/80 is already…

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