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As a Customer What would do to keep your ERP Implementation intact
Proactively define Business Process-- Take the Project Ownership
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Comic for June 04, 2020

Dilbert - June 5, 2020 - 12:59am
Categories: Geek

COVID vaccine execs hyped vague data to cash in $90M in stock, watchdog says

Ars Technica - 1 hour 29 min ago

Enlarge / Moderna Inc. headquarters in Cambridge, Massachusetts. (credit: Getty | Bloomberg)

An anti-corruption watchdog is pressing the US Securities and Exchange Commission to investigate executives of the biotech company Moderna after they cashed in about $90 million in company shares days after promoting “positive" but vague data from its early COVID-19 vaccine clinical trial.

The watchdog group, Accountable.US, called the timing of the trades suspicious and questioned whether executives coordinated their stock sales prior to the data release.

In a letter to the SEC that was released to CBS Moneywatch, Accountable.US President Kyle Herrig wrote, "This misconduct was particularly egregious because it involved not only financial fraud and manipulation of the financial markets, but also because it exploited widespread fears surrounding the ongoing COVID-19 pandemic.” In all, the executives' exploitation served to "boost the company's value, as well as their own bank accounts.

Read 6 remaining paragraphs | Comments

Facebook removes 'inauthentic' George Floyd groups

BBC Technology News - 1 hour 36 min ago
Some had previously focused on coronavirus, 5G conspiracies and support for US President Donald Trump.

Zoom defenders say there are legit reasons to not encrypt free calls

Ars Technica - 1 hour 39 min ago

Enlarge (credit: Zoom)

If you’ve waded into Twitter timelines for security and privacy advocates over the past five days, you’ve no doubt seen Zoom excoriated for its plans to enable end-to-end encrypted video conferencing solely for paying customers. Zoom’s millions of non-paying users won’t receive the protection so that the company can monitor meetings for child-abuse activity and other types of illegal and disturbing content, executives said.

“Oh, fuck off, @zoom_us. You don't care about anything except money,” one critic wrote on Twitter Tuesday, five days after Reuters reported the plans. “You certainly don't care about protecting people from the abusive overreach of police. After all, didn't you just say non-paying customers won't benefit from encryption b/c you want to work with law enforcement?”

The move is certainly a departure from some platforms that already offer end-to-end encryption. Signal, Facebook Messenger, and WhatsApp all offer the protection to all users, though few if any pay for the services. Few video conferencing services offer end-to-end encryption. Like Zoom, its competitors that do offer end-to-end crypto generally do so only for select users.

Read 17 remaining paragraphs | Comments


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