Who is John Galt? In 1957 Ayn Rand published her final novel, Atlas Shrugged. This magnum opus describing her philosophy of “objectivism” sought to call attention to the danger of socialism and communism and demonstrate the virtues of freedom and capitalism…
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Month: March 2020
Vulnerability Exposed Tesla Central Touchscreen to DoS Attacks
Hackers could have caused a Tesla Model 3s central touchscreen to become unusable simply by getting the targeted user to visit a specially crafted website. The car maker has released a software update that patches the vulnerability. A researcher who uses the…
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World’s Richest Have Lost Over $1 Trillion In Stock Market Crash
The old adage the rich keep getting richer no longer holds true. The rarefied world of the extravagantly wealthy has lately come under serious assault with the billionaires club seeing its fortunes rapidly shrink in the ongoing stock market rout. About ten da…
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Carnage in the Crypto Markets Indicates a Need for Circuit Breakers and Better Exchanges
The global COVID-19 crisis has sent the worlds markets into a tailspin, with virtually every asset class affected. On Monday, March 9, the NYSE tripped its circuit breakers for only the second time in history as the S&P 500 (NYSE:S&P) dropped by 7% ju…
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Fed Announces Range of Aggressive Tools to Help Economy Hit By Coronavirus Outbreak
The U.S. Federal Reserve on Monday said it will implement aggressive steps to assist households and businesses amid expectations that the economy will face severe disruptions as a result of the coronavirus pandemic. The tools, which are introduced to maintai…
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