General News November, 17th 2010 by admin

Murdoch Warns Of China Economic Prowess

“The US faces an immense economic challenge from China’s explosive economic growth, free trade has gotten a bad rap, and President Barack Obama will have trouble getting reelected, News Corp. Chairman and CEO Rupert Murdoch told FOX Business Tuesday in a wide-ranging interview.

Speaking with Fox Business’ Liz Claman, Murdoch also explained that the US is still in the middle of a very bad recession and defended the motives of the up-and-coming Tea Party.”

(Source: Murdoch Warns Of China Economic Prowess)

0 Comments

Socialize

Leave a Reply Cancel reply

What Happens When Anonymous Gets a Bank?

"The same people who brought you Wikileaks are back, and this time, they've created a virtual currency called Bitcoin that could destabilize the entire global financial system. Bitcoin is an open-source virtual currency generated by a computer algorithm that is completely beyond the reach of financial intermediaries, central banks and national tax collectors. Bitcoins cou ›

US intelligence to set up cyber-focused office in Estonia

"US intelligence is to open an office in the Estonian capital Tallinn to help boost the fight against cyber-crime, the US embassy in the Baltic state announced Wednesday. 'Estonia was selected as the site for the new secret service office due to both the investigative nexus it provides in combating cyber and financial crimes, as well as the opportunity it ›

Texas Spends $1.8 Million on Data Breach As Lawsuits Loom

"The Texas state comptroller’s office has already spent $1.8 million to mitigate the yearlong data breach in which names and Social Security numbers were exposed. The total cost is expected to be even higher as the lawsuits start rolling in. Personal information belonging to approximately 3.5 million people in Texas was accidentally exposed on a publicly ›

Cyberattack in South Korea Hits 40 Web Sites

" Forty Web sites in South Korea came under attack by a computer virus on Friday, including the presidential Blue House, the Foreign Ministry, the country’s biggest bank, the two largest search engines, a major online auction house and some American and Korean military sites. It was not immediately clear who was behind the attack, but the National Police ›

HBGary Federal CEO Aaron Barr Quits Due to Anonymous Attack

"The embattled CEO of HBGary Federal has resigned his post three weeks after Anonmyous hacked into the company’s network and stole thousands of e-mail messages. The ease Anonymous conducted the attack left the company that provides security services to the federal government red-faced. CEO Aaron Barr told Threatpost on Feb. 28 that he’s stepping down t ›