NEW YORK--(BUSINESS WIRE)--Aug 16, 2023--

MUNICH--(BUSINESS WIRE)--Aug 28, 2023--

Games studio Bloober Team have asked their fans to be patient over their upcoming 'Silent Hill 2' remake.

By Priyamvada C and Doyinsola Oladipo (Reuters) -Airbnb forecast third-quarter revenue above market estimates on Thursday, but industry fears of

The US intelligence community is warning the domestic space industry of the growing risk of espionage and satellite

A cyber attack which disrupted access to a council website and its systems is being investigated with the relevant authorities to establish the full impact of the crime, officials have said. On Tuesday, Comhairle nan Eilean Siar (Western Isles Council) suffered a suspected ransomware attack. The website remains down and the local authority says it is currently uncertain of the extent of the damage caused by the attack. A ransomware attack is where hackers maliciously infiltrate an organisation’s website or systems, stealing sensitive data which they in turn use for monetary gain. While investigative work continues, the Comhairle’s priority in response to this incident remains to restore and secure services, ensuring their continued delivery to those in our communities who need them most Comhairle nan Eilean Siar spokesman The council says it is working alongside Police Scotland, the Scottish Government and the National Cyber Security Centre (NCSC) to establish the full impact of Tuesday’s incident. A council spokesperson said: “While investigative work continues, the Comhairle’s priority in response to this incident remains to restore and secure services, ensuring their continued delivery to those in our communities who need them most. “One key aspect of achieving this aim has been work on the processing of benefit and support payments. “While payments have been made to the public, restrictions to file access has affected other scheduled payments. “The impact to IT systems has also meant that invoices due to creditors cannot be paid at this time.” The spokesperson added: “The Comhairle appreciates the impact late payments can have and is working to resolve these issues as soon as possible. “The Comhairle will be in contact with the affected individuals to provide updates and support. “The Comhairle’s email system is now restored and work is ongoing to redirect numbers for key public services. “A temporary website is also in development which will allow members of the public to access key information.” Temporary phone numbers for social care and social work services can be found on Comhairle nan Eilean Siar’s page on X, formerly known as Twitter. The council says its human resources, occupational health and ardseileach care home can be contacted on their usual telephone numbers. A spokesperson for NCSC said: “We are working with Comhairle nan Eilean Siar to fully understand the impact of an incident.” Police Scotland and the Scottish Government were contacted for comment. Read More Setback for Ireland as EU legal adviser recommends revisit of Apple tax case Smartphones ‘may be able to detect how drunk a person is with 98% accuracy’ Ireland and Apple await major development in long-running EU tax dispute Guidance urges parents not to buy smartphones for primary school children William ‘blown away’ by futuristic technology from Singapore start-ups Return of original Fortnite map causes record traffic on Virgin Media O2 network

Alibaba Group Holding Ltd. will make artificial intelligence and user experience its top strategic priorities, its new chief

Consumer cryptocurrency trading should be regulated as gambling, the treasury committee has urged. In a new report, the committee called for consumer trading in unbacked crypto assets to be treated in regulation as gambling. The cross-party committee of MPs said cryptocurrencies such as Bitcoin are being used by criminals in scams and money laundering. Unbacked crypto assets – often called cryptocurrencies – are not supported by underlying assets, the committee added. They pose significant risks to consumers, given their price volatility and the risk of losses, according to the MPs, who said retail trading in unbacked crypto more closely resembles gambling than a financial service and should be regulated as such. The report said: “We strongly recommend that the government regulates retail trading and investment activity in unbacked crypto assets as gambling rather than as a financial service, consistent with its stated principle of ‘same risk, same regulatory outcome’.” The committee pointed to HM Revenue and Customs (HMRC) figures indicating that around 10 per cent of UK adults hold or have held crypto assets. The MPs also said potential productive innovation in financial services should not be unduly constrained. They said technologies underlying crypto assets may bring some benefits to financial services, particularly for cross-border transactions and payments in less developed countries. A balanced approach should be taken to supporting the development of crypto asset technologies, while avoiding spending public resources on projects without a clear, beneficial use, the MPs said. Harriett Baldwin, chair of the treasury committee, said: “The events of 2022 have highlighted the risks posed to consumers by the crypto asset industry, large parts of which remain a wild west. “Effective regulation is clearly needed to protect consumers from harm, as well as to support productive innovation in the UK’s financial services industry. “However, with no intrinsic value, huge price volatility and no discernible social good, consumer trading of cryptocurrencies like Bitcoin more closely resembles gambling than a financial service, and should be regulated as such. “By betting on these unbacked ‘tokens’, consumers should be aware that all their money could be lost.” The committee is considering central bank digital currencies as a separate piece of work. A treasury spokesperson said: “Risks posed by crypto are typical of those that exist in traditional financial services and it’s financial services regulation – rather than gambling regulation – that has the track record in mitigating them. “Crypto offers opportunities but we are taking an agile approach to robustly regulating the market, addressing the most pressing risks first in a way that promotes innovation.” Read More Crypto rules get final approval to make Europe a global leader on regulation Is my money safe? What you need to know about bank failures Nearly 80% of APP scam cases start online, says UK Finance Charity boss speaks out over ‘traumatic’ encounter with royal aide Ukraine war’s heaviest fight rages in east - follow live

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More than 150 leading companies warned the EU's plans to regulate artificial intelligence risk harming Europe's competitiveness and do not go far enough to tackle challenges, in...

By Jennifer Gauthier, Timon Johnson YELLOWKNIFE, Northwest Territories/EDMONTON (Reuters) -The remaining residents from the remote northern Canadian city of Yellowknife