An advanced hacking campaign originating in China has spent the past year infiltrating satellite operators, defense contractors, and telecoms companies in the US and Southeast Asia, researchers from Symantec said.
The attackers specifically looked for and infected computers one target used to monitor and control satellites, Symantec researchers reported in a blog post published Tuesday. A hack on a second target in the geospatial industry zeroed in on the software-development tools it used. The focus on the operational sides of the unnamed companies suggests that the hackers sought the ability not just to intercept but possibly to also alter communications traffic sent by businesses and consumers.
“Espionage is the group’s likely motive, but given its interest in compromising operational systems, it could also adopt a more aggressive, disruptive stance should it choose to do so,” Symantec researchers wrote.
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The Walt Disney Company and 21st Century Fox have struck a new merger agreement, with Fox's leadership having rejected Comcast's attempt to outbid Disney.
Under the amended acquisition agreement announced today, Disney would buy Fox for $71.3 billion in cash and stock. This comes one week after Comcast offered Fox $65 billion in cash, which topped Disney's previous deal to buy Fox for $52.4 billion in stock.
Comcast could try to outbid Disney again, but it hasn't yet responded to today's announcement of a new Disney/Fox deal.
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Bloomberg New Energy Finance released a new report this week that estimates how electricity generation will change out to 2050. The clean energy analysis firm estimates that in a mere 33 years, the world will generate almost 50 percent of its electricity from renewable energy, and coal will make up just 11 percent of the total electricity mix.
Add in hydroelectric power and nuclear energy, and greenhouse-gas-free electricity sources climb to 71 percent of the world's total electricity generation. The report doesn't offer a terribly bright future for nuclear, however, and after a period of contraction, the nuclear industry's contribution to electricity generation is expected to level off.
Instead, falling photovoltaic (PV), wind, and battery costs will cause the dramatic shift in investment, Bloomberg New Energy Finance (BNEF) notes. "PV and wind are already cheaper than building new large-scale coal or gas plants," the 2018 report says. In addition, BNEF expects that more than $500 billion will be invested in batteries by 2050, with two-thirds of that investment going to installations on the grid and one-third of that investment happening at a residential level.