France: Russian hackers posed as ISIS to hack a French TV broadcaster | ||
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Last April, the French television broadcaster TV5 Monde was hacked. The attack took its TV channels off the air as well as posted rogue content on its website and social feeds. The perpetrators, pruportedly, were part of an ISIS-linked hacking group called CyberCaliphate. Now, French authorities believe a group of Russian-sponsored hackers known as APT28 are behind the TV5Monde’s attack and framed the CyberCaliphate. And cybersecurity experts with knowledge of APT28 agree with this hunch. APT28 has been around for quite some time and has been known to perform cyberespionage for the Russian government. The cybersecurity firm FireEye released a report about APT28’s operations in October of 2014, describing its source as coming from a "government sponsor based in Moscow.”" That report was published over 6 months ago and FireEye has continued studying APT28’s operations. Laura Galante, FireEye’s director of threat intelligence, tells Business Insider that it too sees evidence of APT28 being behind the TV5 Monde hack. According to Galante, the infrastructure used to attack the broadcasting company was similar to APT28’s. Further, the website where CyberCaliphate took credit for the attack was register "in the same domain box where we’ve seen APT28 register other infrastructure," Galante said. Given all this Galante said that she strongly suspects that "APT28 was behind the TV5 Monde breach." All the same, the French target appears a bit out of nature for the Russian hacking group. According to FireEye’s first report, APT28 generally targets "insider information related to governments, militaries, and security organizations that would likely benefit the Russian government." More, the hacking group’s operations are generally in the name of espionage and not simply to wreak public havoc. Galante agreed that this attack would be a "divergence" from APT 28’s usual tactics. At the same time, she told Business Insider that FireEye has seen "media or influencers being targeted" by these groups. She added that no one actually knows the entirety of what the hackers did to TV5 Monde. While we know the attack caused a great deal of destruction to the broadcaster's infrastructures, there is a distinct possibility that this operation did more than just take a broadcaster down and post menacing content. Despite these new claims, investigators are still looking into the matter. FireEye says it will continue looking into the APT28’s actions, and the BBC reports the French authorities will continue their investigation into the hack. Join the conversation about this story » NOW WATCH: 5 cool tricks your iPhone can do with the latest iOS update  | ||
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The 10 companies young people in Europe want to work for the most | ||
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They say that if you enjoy your job, you'll never have to work a day in your life. But only a handful of the brightest hopefuls will be able to fend off the competition and land their dream job with the world's most attractive employers. Employer branding specialists Universum surveyed over 180,000 business, engineering, and IT students from Europe's 12 largest economies and put together an official ranking of the most desirable employers on the continent. The majority of business students, who came from countries including the UK, Germany, France, Spain, and the Netherlands, named Google as the company they would most like to work for, while L'Oreal and Microsoft ranked second and third, respectively. For Engineering and IT students, Google drops down to fourth place to make way for IBM, which is followed by Siemens and BMW Group. Claudia Tattanelli, Universum's Global Director, told Business Insider via email what she thinks makes Google so attractive to job-seekers around the globe. Tatanelli explained: They [Google] were the first ones who really invented the concept of a true progressive working environment: flexible working environments, cool office spaces where you can really feel at home at work. There's free food, game rooms, no dress code and you can bring your pet to work." If we look at their recruiting tagline: join us to do cool things that matter, it truly gives their future employees a sense of what the purpose of the company is - a real must when communicating to this generation. The study also revealed that a work-life balance and the opportunity for international travel are key factors in Millenials choosing where they'd like to work, whilst being stuck in a career without development opportunities is their greatest fear. See the full list below:
Join the conversation about this story » NOW WATCH: How Elon Musk can tell if job applicants are lying about their experience  | ||
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Google just made sightseeing a whole lot easier (GOOG) | ||
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Thanks to a pretty handy update, you can now ask Google to give you information about a restaurant, store or landmark without having any idea what the place is called. Google's Behshad Behzadi demonstrated the feature at Search Engine Land's SMX search marketing event, where the publication captured it in action. The new "location aware" search has been live for Android and the Google Search app for iOS for a few weeks, but Google didn't make much noise publicising it. It can now use where you are geographically to figure out what you're most likely to be talking about. One of Google's promotional videos showed a man in San Francisco asking how tall a nearby church is, what time the restaurant he wants to visit actually opens, and how tall the Coit Tower is, without mentioning any of their names. Another shows a woman who is really interested in the park she's in. Behzadi tried out the new search himself, asking "how long is this river?" That river happened to be the Seine, which is 776 km long. Join the conversation about this story » NOW WATCH: Kids settle the debate and tell us which is better: an Apple or Samsung phone  | ||
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The best app for managing your money just got even better | ||
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The problem is that most personal finance apps and services suck. They’re buggy and confusing to use. I just moved to New York City and got a new job. The app I’m using to help me plan my budget is called Level Money. I've been using it for a few months, and it solves all of the problems that usually plague budgeting apps — it's simple to use, has a great design, and is smarter than the competition. And today it’s getting even better, with an update that makes the app more flexible for people with irregular incomes and expenses. “Our goal is to push money to the background of our lives,” Level Money CEO Jake Fuentes tells Business Insider. "We shouldn’t have to spend a lot of time managing our finances.” Here’s how the app works: after connecting your bank and any other credit cards (Level currently partners with around 18,000 financial institutions), you enter your income, bills, and how much you want to save each month. The app crunches the numbers for you and presents you with your “Spendable,” or your available cash, to spend each day. The app has worked well for people with with regular incomes, but has fallen short for those whose income fluctuates. The reality is that a lot of people don’t know exactly what bills they’ll have next month, much less what their income will be. For instance, you could be a server making tips or you could work on commission. Or you could have certain bills that only come in every few months, like car insurance. Before today, Level didn't take into account those types of variations.
Starting today, Level will scan your bank history to find how much money you've made and how much you've spent in the past and help you plan for the future. The app “deceits the nuances in your financial life,” says Fuentes, and that has real world implications depending on how you use it. New York can get very cold in the winter and very hot in the summer. Utility bills tend to go up during those months, so by looking back at my past payments, Level can detect that curve and make predictions about how much money I should set aside. I also live with roommates. Each of us sends our share of the utility bill to one person who writes the check each month. For the person who makes the payment to the utility company, Level can see that outbound transaction and pair it with the multiple inbound transactions from each roommate. You used to have to manually tag all that activity yourself, but now the app detects it and does it for you.
Beyond “bringing clarity” to your budget, the next step for Level is automating your fiances, according to Fuentes. That means moving money on your behalf and taking care of menial tasks like paying bills. “The point is to ensure that money moves the way people want it to,” he says.
It’s a little scary to trust an app with your financials, but Fuentes assures me that all information collected by Level, which was bought by Capital One earlier this year, only gets used to provide the service. There’s no data mining happening for monetization purposes, Fuentes says, and he assures me that “the moves we’re making are much longer term.” The app will continue to be totally free, and you can get it now in the App Store and Google Play. Join the conversation about this story » NOW WATCH: Mark Cuban has a brilliant strategy to get the best college degree for less money  | ||
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Let’s
Jawbone just sued Fitbit for the second time in 2 weeks, this time for allegedly stealing body weight patents | ||
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Jawbone on Wednesday filed another lawsuit against rival tracking device maker Fitbit, the second time in two weeks. This latest suit seeks a sales injunction against Fitbit trackers, claiming that Fitbit infringed on Jawbone patents, the Wall Street Journal reports. Jawbone is even planning to take its complaints to the International Trade Commission, which, if successful, could lead to a ban preventing Fitbit from getting its products or parts into the US, the WSJ said. Jawbone's suit claims that Fitbit infringed on one of its patents for a system for managing and monitoring body weight and other physiological conditions using "data from a data-capable band." Here's an image from Jawbone's patent, which was presented in the lawsuit:
Fitbit said in a statement to the Wall Street Journal that it plans to “vigorously defend itself against these allegations.” "Fitbit has no need to take information from Jawbone or any other company," the company said. "We are unaware of any confidential or proprietary information of Jawbone in our possession." At the end of May, Jawbone sued Fitbit, alleging it had poached Jawbone employees who downloaded confidential information before leaving for Fitbit. Jawbone ran into trouble around the release of its UP3 band, which was delayed, though the company's chances are starting to look up after Apple announced it would start stocking Jawbone products in its stores this summer. The company raised $300 million (£194 million) from BlackRock in February, but according to Bloomberg View this was a loan, not an equity investment. If the Jawbone sells, Blackrock will get paid before earlier investors. Fitbit is preparing to go public, having reported profits of $132 million (around £85 million) from operations, on revenue of $745 million (around £480 million) in 2014. Business Insider has reached out to both companies for comment. Join the conversation about this story » NOW WATCH: Here's what happens when you drop an Apple Watch face down on cement  | ||
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Why Israel spied on Iran talks 'is not the question we should be asking' | ||
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The global cybersecurity firm that uncovered sophisticated spyware in the computers of European hotels hosting the Iran nuclear talks has reported on the powerful Israeli-linked virus before. Interestingly, however, Kaspersky Lab — a Moscow-based firm — has only ever traced spyware with similar espionage capabilities as the "Duqu" code detailed to The Wall Street Journal. "The use of Duqu by Israel against Iran is not the question we should be asking," Jeff Bardin, chief intelligence officer of Treadstone 71, told Business Insider. "The question should be why Kaspersky only finds code of this type by nation-states it does not consider friendly to Russia or those aligned to the West." Kaspersky Lab is a leading cybersecurity firm that helps millions of people worldwide, including Americans, protect their data from cyber criminals. While the firm is often aggressive in its pursuit of foreign hackers, however, it tends to turn a blind eye to hackers operating inside Russia. "Is it because there is no code of this type [Duqu] coming out of Russia?" Bardin asks, "Or is it because disclosing code of this type that is Russian made and in use against target nation-states would place Eugene Kaspersky at risk of countering his country's cyber espionage efforts and, at risk of incurring the wrath of Putin?" The firm's billionaire founder and CEO, Eugene Kaspersky, used to work for the KGB and reportedly maintains relationships with former and current Russian intelligence officials.
"Kaspersky releases this information as a political tool," Bardin said. "The absence of any photos of Kaspersky with Putin on the internet is itself evidence of direct alignment. Can you be a billionaire in Russia today without the direct scrutiny of Vladimir Putin?" A Bloomberg analysis of Kapersky's work generally supports Bardin's suspicions: "While Kaspersky Lab has published a series of reports that examined alleged electronic espionage by the U.S., Israel, and the U.K., the company hasn’t pursued alleged Russian operations with the same vigor." If anything, it appears that Kaspersky is at least partially aligned ideologically with the Kremlin — he has claimed in the past that some social networks have "too much freedom," hinting that government regulation might not be such a bad thing. "Freedom is good," Wired quotes him as saying, referring to sites like Facebook. "But the bad guys — they can abuse this freedom to manipulate public opinion." Join the conversation about this story » NOW WATCH: Why Putin is the most powerful man in the world  | ||
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These leaked images suggest Nest is about to launch a new wireless camera (GOOG) | ||
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Leaked images obtained by Droid Report suggest that home technology company Nest is about to launch a new wireless camera. This would be Nest's first new product since it was acquired by Google for $3.2 billion (£2.07 billion) in 2014. Nest is holding press conferences in San Francisco and London on June 17 where the company is expected to officially unveil its new product, although details so far have been sparse.
Droid Report notes that the so-called Nest Cam looks similar to the Dropcam — Nest's previous camera — but it is slimmer and sleeker. Meanwhile, job ads posted by the company signal that Nest is interested in home audio, and it could be preparing to launch a product called Nest Audio. We don't know exactly what that could be, but it's likely to be similar to Amazon's smart speaker, the Amazon Echo. Nest is best known for its Nest Protect line of home security alarms, as well as the Nest Thermostat, which lets users control the heating in their home with an internet-connected device. Join the conversation about this story » NOW WATCH: 5 clever iPhone tricks only power users know about  | ||
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Twitter wants users to team up to stamp out trolls on the platform (TWTR) | ||
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Twitter is taking steps to combat its ongoing trolling and harassment problem by introducing shared blocklists, the company announced in a blog post on Wednesday evening. The social network has been referred to as the "world's water cooler" — a huge public forum for debate across the globe. But there's a dark side to this popularity, with harassment, abuse, and trolling running rampant on the platform. The problem is particularly prevalent on Twitter: One study found that 88% of online abuse occurs on Twitter, despite being far smaller than rival social networks like Facebook. In a leaked memo earlier this year, CEO Dick Costolo told employees he was "ashamed of how poorly" the company has dealt with the issue. He says he takes "PERSONAL responsibility for our failure to deal with this as a company." Activists and those targeted by trolls have repeatedly criticised Twitter for its apparent inability to act, and have also previously taken unilateral steps to make the site safer for them. One of these steps was the use of blocklists that users could share amongst one another using external plugins to build a united front against harassing accounts. Twitter is now adding similar functionality directly to the site. "You can now export and share your block lists with people in your community facing similar issues or import another user’s list into your own account and block multiple accounts all at once, instead of blocking them individually," user safety engineer Xiaoyun Zhang wrote. "We also hope these advanced blocking tools will prove useful to the developer community to further improve users’ experience." In practice this means that it's possible for an activist to build up a large list of accounts that are harassing or sending unwanted messages. The activist can then easily share this blocklist with their followers — so they can all benefit from its protection too. Here's how it looks to export a blocklist:
Twitter also introduced a "quality filter" in March that lets users automatically hide tweets from accounts determined by an algorithm to be "low-quality." But the feature is only available to verified users, meaning that while it can aid the most high-profile victims of abuse, the vast majority of users on the platform still don't have access to it. Ziaoyun Zhang suggests that more changes to Twitter's platform are coming soon. "We're also working on additional user controls," she writes, "and we look forward to sharing more information about those in the near future." Join the conversation about this story » NOW WATCH: Dwight from 'The Office' explains how Twitter has evolved over the years  | ||
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Apple seems ready to let iPhone users block all ads they see on the web — which will really hurt publishers (AAPL) | ||
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It looks as if Apple is about to allow its users to block ads from their iPhones and iPads. As Nieman Lab reports, Apple's developer documentation detailing "What's New in Safari" (Apple's internet browser) highlights the change. The document (which you find read in full here) reads: "The new Safari release brings Content Blocking Safari Extensions to iOS. Content Blocking gives your extensions a fast and efficient way to block cookies, images, resources, pop-ups, and other content." Business Insider has contacted Apple for clarification as to whether this means it will allow developers to build ad-blocking apps and browser extensions. We'll update this article once we hear back. But sources within the ad-blocking community, and other news outlets such as the Financial Times and The Next Web, have interpreted the update to mean Apple will allow users to block ads in some form. That would be a huge blow for online publishers, many of whom rely on advertising for most of their revenue, and to create content that readers can consume for free. Apple allowing ad blocking would further push the technology into the mainstream. The number of people with ad blockers installed worldwide grew 70% year-on-year to 144 million in 2014 and is expected to rise another 50% this year, according to PageFair and Adobe. There is the argument that, because it looks as if Apple will allow ad blocking only as an opt-in (i.e., people will have to choose to download a browser extension such as Adblock Plus), it is only the existing ad-blocking crowd that will get on board with ad blocking on iPhones and iPads. But that's still worrisome for publishers, most of which now report that more than 50% of their audiences come from mobile — and iPhone and iPad users are generally seen as the most valuable of the lot. Previously, ad-blocking companies have found it difficult to build for mobile. One of the reasons one of the most popular ad blockers, Adblock Plus, recently created its own Android browser is because its previous Android browser extension was removed by Google from the Play Store (Google's app store) for violating rules on interfering with other apps' functionality. And Adblock Plus operations and communications manager Ben Williams told Business Insider last month that iOS had been "harder to develop on," describing it as a "walled garden that's more difficult to get an API." Not so anymore, it seems. Apple CEO Tim Cook has recently launched attacks against Silicon Valley technology companies that collect data about users to serve them ads. In a speech earlier this month, Cook — fairly obviously taking a swipe at Facebook and Google — said: Our privacy is being attacked on multiple fronts. I'm speaking to you from Silicon Valley, where some of the most prominent and successful companies have built their businesses by lulling their customers into complacency about their personal information. They're gobbling up everything they can learn about you and trying to monetize it. We think that's wrong. And it's not the kind of company that Apple wants to be. Cook, however, has been accused of being "disingenuous" in this argument. Apple itself has a division that is in the business of serving ads: iAd. True, it's a tiny part of the company's business, generating just $487 million last year, or 0.3% of Apple's total revenue, according to eMarketer. But it could be about to become a lot more important to Apple. At its big developers conference earlier this week, Apple announced a Flipboard-style News app as part of the iOS9 update that's coming later this year. Publishers including The New York Times, Wired, and ESPN have signed up as launch partners. Publishers can choose to earn 100% of the revenue from the ads they sell, or 70% if Apple's iAd sells the ads for them. As Nieman Lab points out, all but the biggest publishers will most likely rely on Apple to do the ad selling on their behalf. A cynic could infer that by allowing ad blocking Apple is hoping it can shift news and magazine consumption away from the browser and directly into its app, where it has a chance of monetizing the content. Or even away from the mobile web and to publishers' own news apps, which arguably offer a better experience than the browser. It's a stretch — most people don't necessarily fire up a news app each morning; they get their content from Facebook, Twitter, search, WhatsApp and so on — but until Apple provides further clarification on exactly what its "content blocking Safari extensions" have actually been designed for, publishers are on high alert. Join the conversation about this story » NOW WATCH: The first TV ad for 'Spectre' gives us our best look at the next Bond movie yet  | ||
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These are all of Google's weird science projects we know about | ||
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Google hires a lot of really smart people. Those smart people do a lot of really crazy things. Just today, Google founder Larry Page announced the founding of Sidewalk Labs, a spin-off from the search giant with a mandate to make cities a better place to live. It's not Google's first big idea with a long-term vision. Not by a longshot...or a moonshot.
Google X is the better-known of the company's two semi-secret labs, focused on making "moonshots" that set technology ahead ten years (get it?). Google X is run by Astro Teller, pictured here. Google ATAP, run by ex-DARPA chief Dr. Regina Dugan, is operated like a black ops unit: ATAP's crack researchers have two years to get in, work on their crazy ideas, and get out. So what are they working on? Here's what we know... See the rest of the story at Business Insider  | ||
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Google is starting a new company to improve cities (GOOG) | ||
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Google is starting a new, independent urban innovation company called Sidewalk Labs that aims to improve cities, according to a post on Google+ by CEO Larry Page. Dan Doctoroff, former CEO of Bloomberg and deputy mayor of economic development and rebuilding for New York City, will run the company, which Page describes as a "modest investment" for Google that could hopefully "improve the lives of billions of people around the world." Sidewalk Labs will focus on building new products, platforms and partnerships to address major issues like cost of living, efficient transportation, and energy usage. It also plans to make strategic acquisitions and invest in partnerships, Doctoroff told The New York Times, similar to how Calico, the lab Google launched last year to tackle aging and illness, recently partnered with the drug company AbbVie. "At a time when the concerns about urban equity, costs, health and the environment are intensifying, unprecedented technological change is going to enable cities to be more efficient, responsive, flexible and resilient," Doctoroff said in a press release on the company's new website. Doctoroff told The Times that Sidewalk plans to work in "the huge space between civic hackers and traditional big technology companies." For example, IBM uses its research and technology to help Stockholm monitor and manage its traffic flow. Google, on the other hand, doesn't see itself embedding into a city's infrastructure, but, instead, creating "platforms that people can plug into." Doctoroff said that New York's bike-sharing program was an early example of the kind of technology-assisted innovation he envisions working on. Page describes Sidewalk's mission as supercharging existing efforts around solving problems that city dwellers face every day. "Making long-term, 10X bets like this is hard for most companies to do, but Sergey and I have always believed that it’s important," Page writes. "And as more and more people around the world live, work and settle in cities, the opportunities for improving our urban environments are endless." Here's Page's full post:
SEE ALSO: The difference between iOS and Android adoption is still staggering Join the conversation about this story » NOW WATCH: Kids settle the debate and tell us which is better: an Apple or Samsung phone  | ||
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One of the companies building a Hyperloop test track just revealed what the real thing could look like | ||
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Now, one of those companies called Hyperloop Transportation Technologies has given a sneak peak into how it sees the technology coming to life. The images were published by Suprastudio, which is a studio at UCLA’s architecture school. The group worked with Dirk Ahlborn, the CEO of Hyperloop Transportation Technologies, to help get a sense of how this technology would be built and what it look like. It’s worth noting that the California-based Hyperloop Transportation Technologies has no affiliation with Musk’s SpaceX. After Musk revealed his Hyperloop plans in 2013, several entrepreneurs became interested in getting the project off the ground. Ahlborn’s company has been in the press lately because it recently secured a plot of land in Quay Valley, California to build a five-mile test track. The company plans to break ground for the track as soon as next year. Another Hyperloop startup called Hyperloop Technology, which is based in L.A., is also working to create a test track. And Musk is building his own test track in Texas. The ultimate goal is to build a test track to prove that sending people in pods traveling in tubes faster than the speed of sound is a feasible concept. Take a look at some of the Suprastudio renderings below.
Join the conversation about this story » NOW WATCH: The Best Features Of Elon Musk's Hyperloop  | ||
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Elon Musk’s Hyperloop has been getting a lot of attention these days, especially since more companies have been jumping on board to try and turn the futuristic tube travel into a reality.
11 cities where minimum-wage workers are getting crushed by rent | ||
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Low-wage workers are getting priced out of America's biggest cities. While some cities, like Seattle and San Francisco, have recently raised the minimum wage to as much as $15 an hour, these increases are just not be enough to provide a roof over your head. An average renter should be spending approximately 30% of their wages on the cost of their residence in order to have enough money left over for other expenses. Using rent data from across the country, real estate firm Zillow calculated what the minimum wage would have to be in various cities in order to meet that 30% threshold. They found that even $15/hour wouldn't be enough to cover the median rent in any of the 35 largest metro areas for a single person. Even if two people were contributing to rent, 24 cities would still be too expensive. From Zillow's report, we pulled the 11 cities where two roommates would need to earn at least $17 an hour to afford the median rent. San Jose, California Median Monthly Rent: $3,287 Annual Income Needed: $131,480 Minimum Wage: $10.30/hr Minimum Wage Needed, Single-Income: $65.74/hr Minimum Wage Needed, Dual-Income: $32.87/hr
Source: Zillow, San Jose San Francisco, California Median Monthly Rent: $3,162 Annual Income Needed: $126,480 Minimum Wage: $12.25/hr Minimum Wage Needed, Single-Income $63.24/hr Minimum Wage Needed, Dual-Income: $31.62/hr
Source: Zillow, San Francisco Los Angeles, California Median Monthly Rent: $2,498 Annual Income Needed: $99,920 Minimum Wage: $9/hr Minimum Wage Needed, Single-Income: $49.96/hr Minimum Wage Needed, Dual-Income: $24.98/hr
Source: Zillow, USA Today See the rest of the story at Business Insider  | ||
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France: Russian hackers posed as ISIS to hack a French TV broadcaster | ||
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Last April, the French television broadcaster TV5 Monde was hacked. The attack took its TV channels off the air as well as posted rogue content on its website and social feeds. The perpetrators, pruportedly, were part of an ISIS-linked hacking group called CyberCaliphate. Now, French authorities believe a group of Russian-sponsored hackers known as APT28 are behind the TV5Monde’s attack and framed the CyberCaliphate. And cybersecurity experts with knowledge of APT28 agree with this hunch. APT28 has been around for quite some time and has been known to perform cyberespionage for the Russian government. The cybersecurity firm FireEye released a report about APT28’s operations in October of 2014, describing its source as coming from a "government sponsor based in Moscow.”" That report was published over 6 months ago and FireEye has continued studying APT28’s operations. Laura Galante, FireEye’s director of threat intelligence, tells Business Insider that it too sees evidence of APT28 being behind the TV5 Monde hack. According to Galante, the infrastructure used to attack the broadcasting company was similar to APT28’s. Further, the website where CyberCaliphate took credit for the attack was register "in the same domain box where we’ve seen APT28 register other infrastructure," Galante said. Given all this Galante said that she strongly suspects that "APT28 was behind the TV5 Monde breach." All the same, the French target appears a bit out of nature for the Russian hacking group. According to FireEye’s first report, APT28 generally targets "insider information related to governments, militaries, and security organizations that would likely benefit the Russian government." More, the hacking group’s operations are generally in the name of espionage and not simply to wreak public havoc. Galante agreed that this attack would be a "divergence" from APT 28’s usual tactics. At the same time, she told Business Insider that FireEye has seen "media or influencers being targeted" by these groups. She added that no one actually knows the entirety of what the hackers did to TV5 Monde. While we know the attack caused a great deal of destruction to the broadcaster's infrastructures, there is a distinct possibility that this operation did more than just take a broadcaster down and post menacing content. Despite these new claims, investigators are still looking into the matter. FireEye says it will continue looking into the APT28’s actions, and the BBC reports the French authorities will continue their investigation into the hack. Join the conversation about this story » NOW WATCH: 5 cool tricks your iPhone can do with the latest iOS update  | ||
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The 10 companies young people in Europe want to work for the most | ||
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They say that if you enjoy your job, you'll never have to work a day in your life. But only a handful of the brightest hopefuls will be able to fend off the competition and land their dream job with the world's most attractive employers. Employer branding specialists Universum surveyed over 180,000 business, engineering, and IT students from Europe's 12 largest economies and put together an official ranking of the most desirable employers on the continent. The majority of business students, who came from countries including the UK, Germany, France, Spain, and the Netherlands, named Google as the company they would most like to work for, while L'Oreal and Microsoft ranked second and third, respectively. For Engineering and IT students, Google drops down to fourth place to make way for IBM, which is followed by Siemens and BMW Group. Claudia Tattanelli, Universum's Global Director, told Business Insider via email what she thinks makes Google so attractive to job-seekers around the globe. Tatanelli explained: They [Google] were the first ones who really invented the concept of a true progressive working environment: flexible working environments, cool office spaces where you can really feel at home at work. There's free food, game rooms, no dress code and you can bring your pet to work." If we look at their recruiting tagline: join us to do cool things that matter, it truly gives their future employees a sense of what the purpose of the company is - a real must when communicating to this generation. The study also revealed that a work-life balance and the opportunity for international travel are key factors in Millenials choosing where they'd like to work, whilst being stuck in a career without development opportunities is their greatest fear. See the full list below:
Join the conversation about this story » NOW WATCH: How Elon Musk can tell if job applicants are lying about their experience  | ||
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Jamie Dimon doesn't think Elizabeth Warren understands how banking works (JPM) | ||
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JPMorgan CEO Jamie Dimon isn't sure Elizabeth Warren understands how banking works. At an event in Chicago on Wednesday, Dimon said, "I don't know if [Warren] fully understands the global banking system," according to Bloomberg. Dimon did add, however, that he agrees with some of Warren on the "risk side," and that he would be willing to meet with her in Washington anytime she wants. Warren, the Democratic Senator from Massachusetts, has been one of the most vocal critics of banks and the financial system and has been chided, among other folks, Warren Buffett who said she should be "less angry and demonizing." Recently, Warren made waves when she sent a letter to SEC chair Mary Jo White that many felt went too far, with Warren writing that she was, "disappointed that [White has] not been the strong leader that many hoped for." Warren and Dimon also have history, with Warren writing in her book "A Fighting Chance" that Dimon once dared her to hit his bank with a fine. Read the full report on Dimon's comments on Bloomberg » SEE ALSO: Jamie Dimon is a billionaire Join the conversation about this story » NOW WATCH: Two models in Russia just posed with a 1,400-pound bear  | ||
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Famous horror actor Christopher Lee has died | ||
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The actor Christopher Lee has died, according to The Telegraph: Sir Christopher Lee, the screen legend whose career took him from Hammer horror to Star Wars, Lord of the Rings and a role as one of the great Bond villains, has died. He was 93. The veteran actor died at 8.30am on Sunday at London’s Chelsea and Westminster Hospital, sources close to his family said. He had been treated there for respiratory problems and heart failure over the preceding three weeks and turned 93 in hospital. Lee's filmography reads like a romp through film history. He first became famous playing Dracula in the Hammer House of Horror movies, from the 1950s onward. He was also Lord Summerisle in the 1973 cult classic The Wicker Man. And he played Bond villain Francisco Scaramanga in The Man with the Golden Gun. More recently, his sonorous tones and creepy demeanour were introduced to a new, younger audience when he played Count Dooku / Darth Tyranus in Star Wars: The Clone Wars (2008) and Saruman in 2002's The Lord of the Rings: The Two Towers, and its sequel. He was also a favourite of director Tim Burton, who cast him in Alice in Wonderland and Sleepy Hollow. Join the conversation about this story » NOW WATCH: 'The Little Prince' trailer looks better than anything Pixar has made in years  | ||
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10 things you need to know before the opening bell (DIA, SPY, SPX, QQQ, NKE, MW) | ||
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Here is what you need to know. Central banks are cutting rates. The Reserve Bank of New Zealand unexpectedly cut its key rate 25 basis points to 3.25%. New Zealand's central bank warned, "A further significant downward adjustment [in the exchange rate] is justified," adding that further rate cuts may be appropriate. The New Zealand dollar is down 2.7% at .7011, its lowest level since August 2010. Meanwhile, the Bank of Korea lowered its benchmark interest rate 25 basis points to a record 1.25%. The rate cut was the fourth by South Korea's central bank and comes amid slowing growth and increased concern over the MERs outbreak. South Korea's won finished down 0.1% at 1108.55 per dollar. China data was mixed. Industrial production rose 6.1% year-over-year in April, making for the fastest growth since January. New loans in topped estimates, coming in at 901 billion yuan, up from 860 billion in March. Meanwhile, retail sales matched the March reading at 10.1% year-over-year. Fixed-asset investment was the lone disappointment, printing up 11.4% year-to-date over year, which was down from the previous reading of up 12.0%. China's yuan was little changed at 6.2067 per dollar. Australia's jobs data crushed expectations. The Australian economy added 42,000 jobs in May, which was almost three and a half times economists' expectations. The strong number pushed the unemployment rate down to 6.0% from 6.1% when analysts were anticipating a rise to 6.2%. Economists are skeptical of the report, however, as the unemployment rate in mining areas inexplicably tumbled to 5.1% from 5.6%. Australia's dollar is down 0.4% at .7731. The World Bank wants the Fed to hold off on rate hikes. Kaushik Basu, the World Bank's chief economist, believes the Fed should wait on raising interest rates to avoid causing exchange-rate disruptions and hurting global growth. The bank cut its global 2015 growth forecast for developed economies to 4.4% from 4.8% and lowered its US growth outlook to 2.7% from 3.2%. It believes India will be the fastest growing economy with growth of 7.5%. Pimco is betting on inflation. The money manager likes TIPs. Scott Mather, the chief investment officer for US core strategies, says, "We see value in US inflation-linked bonds." He continued, "The extraordinary policy response of the past few years could result in more inflation than expected." Interestingly, the April CPI data showed consumer prices fell 0.2% in April, making for the biggest drop in six years. Credit Suisse thinks the chance of an equity bubble is 60% to 70%. The investment bank doesn't think stocks are in a bubble but added, "bull markets in most assets end in bubbles." The analysts suggest loose monetary policy, oil prices, and the scope for a big rise in retail buying are forces that could cause the bubble. As for the stock market going more than 3 1/2 years without a correction, Credit Suisse notes there have been just two instances in which stocks have gone longer without a 10% drop. Nike scored a $1 billion deal with the NBA. The deal, which begins for the 2017-2018 season, allows Nike to become the exclusive on-court provider of gear for the NBA, WNBA, and NBA D-League. Adidas currently provides uniforms for the league. Men's Warehouse posted a strong quarter. The retailer announced adjusted earnings of $0.54 per share, topping the Wall Street estimate by $0.03. Revenue rose 4.4% to $885.09 million, beating the $857.7 that was anticipated. The company announced a 10-year deal that will put 300 tuxedo-rental shops in Macy's stores. Stock markets around the world are higher. Germany's DAX (+0.6%) leads the advance in Europe after Japan's Nikkei (+1.7%) paced the gains in Asia. S&P 500 futures are down 1.50 points at 2,105.50. US economic data is heavy. Initial and continuing claims, retail sales, and import/export data will be released at 8:30 a.m. ET, while business inventories is set to cross the wires at 10 a.m. ET. Natural-gas inventories are due out at 10:30 a.m. ET. The US Treasury will reopen $13 billion 30-year bonds at 1 p.m. ET. Join the conversation about this story » NOW WATCH: 6 scientifically proven features men find attractive in women  | ||
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Greek stocks are booming | ||
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Greek investors seem to have taken Wednesday night's meeting that Prime Minister Alexis Tsipras had with Germany's Angela Merkel and France's Francois Hollande well — the Athens general index is up by more than 6%, breaking higher than 7% earlier in the session. A June 18 Eurogroup meeting of finance ministers from across the currency union could be the next opportunity for a major breakthrough. Here's how it looks:
Greek stocks are not for the faint hearted these days. The index has surged an tumbled between about 700 and 950 in the period since Syriza won the election. Here's a breakdown of the major events we've seen since then, and how markets reacted:
Join the conversation about this story » NOW WATCH: Here's how Cristiano Ronaldo spends his money  | ||
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The world's biggest sponsors want to work with these 10 European footballers (NKE, ADS) | ||
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The Euro 2016 qualifiers kick off this weekend, showcasing the very best in talent in European football. While on the pitch prowess certainly plays a part, brands look to a number of other factors, including fame and public perception, to assess the marketability of players for their campaigns. Sports intelligence company Repucom has pulled together the top 10 most marketable players in European football. Its rankings take into account global awareness, appeal, aspiration, trust, and sponsorship revenue, and are based on its own in-house data and a global survey of consumers across 13 markets. Repucom says its survey of 7,000 people represents the views of 1.6 billion consumers worldwide. 10. Eden Hazard (Belgium/Chelsea FC.) Just 28% of the global audience is aware of Hazard, but he has a much higher profile in Belgium, where he is known by 80% of the population. He pulls in around $1.1 to $1.7 million in sponsorship revenue each year. 9. Gareth Bale (Wales/Real Madrid.) Bales generates $5.6 million to $6.8 million in annual sponsorship revenue, mainly from top sponsor Adidas. The winger has a particularly high global aspiration score: 76%. 8. Mario Götze (Germany/Bayern Munich.) The attacking midfielder may not pull in as much sponsorship revenue as his peers ($3.4-$3.9 million,) but he scores extremely highly in terms of appeal amongst both women (76%) and men (74%,) and a global aspiration score of 79%. See the rest of the story at Business Insider  | ||
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Google just made sightseeing a whole lot easier (GOOG) | ||
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Thanks to a pretty handy update, you can now ask Google to give you information about a restaurant, store or landmark without having any idea what the place is called. Google's Behshad Behzadi demonstrated the feature at Search Engine Land's SMX search marketing event, where the publication captured it in action. The new "location aware" search has been live for Android and the Google Search app for iOS for a few weeks, but Google didn't make much noise publicising it. It can now use where you are geographically to figure out what you're most likely to be talking about. One of Google's promotional videos showed a man in San Francisco asking how tall a nearby church is, what time the restaurant he wants to visit actually opens, and how tall the Coit Tower is, without mentioning any of their names. Another shows a woman who is really interested in the park she's in. Behzadi tried out the new search himself, asking "how long is this river?" That river happened to be the Seine, which is 776 km long. Join the conversation about this story » NOW WATCH: Kids settle the debate and tell us which is better: an Apple or Samsung phone  | ||
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Here is the number of times per day Nigel Farage visits a pub | ||
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Raheem Kassam was UKIP leader Nigel Farage's right-hand man and top strategist during the party's disastrous election campaign, in which Farage failed to win the Thanet South constituency he stood for. Kassam is a curious figure: a son of Muslim immigrants who left the Conservative Party to join the anti-immigrant UKIP movement, and who now writes for the far-right Breitbart media empire. The Guardian has a fantastic story about him today, based on his telling of what really went on inside UKIP during the election campaign. You should really click through to read the whole thing. But here is a taster, a description of a typical day with Farage on the campaign trail: On a typical day, Farage would be up at 6am, bright and perky for a breakfast of kippers at a nearby hotel. “Then we’d rendezvous at the office and decide what we want to do for the day, which would involve some walkabouts and a lot of knocking on doors. Then we’d maybe hit a pub for lunch. Then more walkabouts and more canvassing. Then another pint around 5 o’clock, go out and do more evening canvassing. Then around 9, we’d go to The Smugglers [pub] for dinner or we’d go to La Magnolia [an Italian] and have a nice civilised meal.” So, that's three pubs per day, then. Join the conversation about this story » NOW WATCH: Forget the Apple Watch — here's the new watch everyone on Wall Street wants  | ||
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The best app for managing your money just got even better | ||
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The problem is that most personal finance apps and services suck. They’re buggy and confusing to use. I just moved to New York City and got a new job. The app I’m using to help me plan my budget is called Level Money. I've been using it for a few months, and it solves all of the problems that usually plague budgeting apps — it's simple to use, has a great design, and is smarter than the competition. And today it’s getting even better, with an update that makes the app more flexible for people with irregular incomes and expenses. “Our goal is to push money to the background of our lives,” Level Money CEO Jake Fuentes tells Business Insider. "We shouldn’t have to spend a lot of time managing our finances.” Here’s how the app works: after connecting your bank and any other credit cards (Level currently partners with around 18,000 financial institutions), you enter your income, bills, and how much you want to save each month. The app crunches the numbers for you and presents you with your “Spendable,” or your available cash, to spend each day. The app has worked well for people with with regular incomes, but has fallen short for those whose income fluctuates. The reality is that a lot of people don’t know exactly what bills they’ll have next month, much less what their income will be. For instance, you could be a server making tips or you could work on commission. Or you could have certain bills that only come in every few months, like car insurance. Before today, Level didn't take into account those types of variations.
Starting today, Level will scan your bank history to find how much money you've made and how much you've spent in the past and help you plan for the future. The app “deceits the nuances in your financial life,” says Fuentes, and that has real world implications depending on how you use it. New York can get very cold in the winter and very hot in the summer. Utility bills tend to go up during those months, so by looking back at my past payments, Level can detect that curve and make predictions about how much money I should set aside. I also live with roommates. Each of us sends our share of the utility bill to one person who writes the check each month. For the person who makes the payment to the utility company, Level can see that outbound transaction and pair it with the multiple inbound transactions from each roommate. You used to have to manually tag all that activity yourself, but now the app detects it and does it for you.
Beyond “bringing clarity” to your budget, the next step for Level is automating your fiances, according to Fuentes. That means moving money on your behalf and taking care of menial tasks like paying bills. “The point is to ensure that money moves the way people want it to,” he says.
It’s a little scary to trust an app with your financials, but Fuentes assures me that all information collected by Level, which was bought by Capital One earlier this year, only gets used to provide the service. There’s no data mining happening for monetization purposes, Fuentes says, and he assures me that “the moves we’re making are much longer term.” The app will continue to be totally free, and you can get it now in the App Store and Google Play. Join the conversation about this story » NOW WATCH: Mark Cuban has a brilliant strategy to get the best college degree for less money  | ||
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Putin: 'Clearly God has built my life in a way that I won't have anything to regret' | ||
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When asked about any regrets he had, Putin told the Italian newspaper Corriere de Sera: "I will be quite frank with you. I cannot recollect anything of the kind. "Clearly God has built my life in a way that I won't have anything to regret.” Currently, Putin is Italy, a relatively Moscow-friendly European state, where he was enthusiastically greeted upon meeting Italian prime minister Matteo Renzi in Milan today. Crowds cheered "Russia! Russia!" and Putin's name over and over again. And Putin mirrored the sentiment in the aforementioned interview. He spoke warmly of Italian-Russian relations nothing that "in the last couple of years, trade between our countries increased eleven fold, from what I believe was $4.2 billion ... to over $48 billion." But the trip isn't just about economics. One of the biggest highlights of Putin's Italian excursion was his meeting with Pope Francis. Reportedly, Ukraine was the topic of discussion during the meeting, but it's so far unclear what the conclusion of the meeting was. Earlier this week, at the G7 summit in Germany, president Obama blasted Putin, stating that "He's got to make a decision: Does he continue to wreck his country's economy... in pursuit of a wrong-headed desire to recreate the glories of the Soviet empire?" Furthermore, Ken Hackett, the US ambassador to the Vatican, and many others in the West hoped that the Pope would urge Putin to seek peace in the Ukraine, and adhere to the Minsk convention.
"Maybe this is an opportunity where the Holy Father can privately raise concerns," Hackett told Reuters. Changing the mind of a man who has no regrets seems a tall task, but Moscow looks on these meetings as an important source of "supplementary external legitimacy," as Andrei Zolotov, a Russian journalist, said to The Telegraph. However, notably, the Pope has not taken a strong stance against the conflict in Urkaine, despite the fact that many Ukrainian Catholics have urged him to do so. In fact, the Pope even referred to the conflict as "fratricidal," which was blasted by the leader of the Ukrainian Greek Catholic Church as being "reminiscent of 'Soviet propaganda.'" And in any case, although Western media zeroed in on the Putin-Pope rendezvous, Russians barely blinked an eye. As Mashable notes, locals in Pushkin Square weren't even aware that the meeting was taking place. SEE ALSO: Spot The Differences In These Uncanny Photos Of Obama And Putin With The Pope Join the conversation about this story » NOW WATCH: Why Putin is the most powerful man in the world  | ||
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Vladimir Putin, leader of Russia, doesn't feel the need to repent.
Europe went after a 'pipe dream' to counter Russia — and it's working | ||
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Europe has taken another swing at Russian gas dominance. The European Union has been buttering up Turkmenistan, which has the fourth-largest known gas reserves, and Azerbaijan over the past year with the aim of shifting away from Russian gas. And the efforts seem to have paid off. "Europe expects supplies of Turkmen gas to begin by 2019," Maros Sefcovic, the European Commission vice president, told Reuters in May. "We have good mutual understanding," he added. "For Turkmenistan it is very important to diversify its export options, while for the EU it is very important to diversify its imports." Notably, The Diplomat points out, "This is the first time the EU has put a date on what has traditionally been regarded as a pipe dream." Traditionally, about one-third of the gas that Europe guzzles comes from Russia. But Europe has gotten nervous about the state of Russian gas over the past year, amid the on-and-off conflict in Ukraine. Furthermore, Moscow tends to use its arsenal of gas pipelines as tools of coercion — much to Europe's annoyance. "I think that Europe has really got tired of each summer having a discussion of how to make it through the next winter," Sefcovic told the Financial Times back in February. "The world's biggest economy should not have such concerns in the 21st century." Last year, Turkey and Turkmenistan signed a preliminary agreement that would take gas from Azerbaijan's Shah Deniz II field in the Caspian Sea via the Trans-Anatolian natural-gas pipeline project (Tanap). It is expected to be completed by the end of 2018. And this May, Sefcovic visited the energy ministers of Turkey, Azerbaijan, and Turkmenistan to discuss the construction of a 300-kilometer trans-Caspian pipeline that would connect to the Tanap to bring gas to Europe across the Caspian Sea. (Turkmenistan also recently completed its East-West pipeline, which connects the main pipelines within the country.) This project has been proposed for years, but political and economic problems have chronically delayed it. Notably, Russia and Iran have "voiced objections to laying a pipeline on the bottom of the Caspian, saying this could harm the fragile ecology of the shallow sea." But "now there is a political decision that Turkmenistan will become part of this project and will feed the European direction," Sefcovic told Reuters.
He declined to say exactly how much gas Turkmenistan would (and could) supply Europe with, though Turkmen officials previously said negotiations swirled around 10-30 billion cubic meters of gas per year. Europe's reinvigorated interest in the so-called southern gas corridor comes not long after the January announcement of the Turkish Stream, a Gazprom project, after the abandonment of the $45 billion South Stream project in December.
In any case, neither Europe nor Russia is giving in without a fight. Ultimately, as The Diplomat notes, the latest development largely depends on post-Soviet Turkmenistan and whether it will "move forward with the political decisions necessary to bring its natural gas to Europe." SEE ALSO: Why this 2,073-foot Chinese building could be an omen of economic doom Join the conversation about this story » NOW WATCH: 5 science facts 'Jurassic World' totally ignored  | ||
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Both projects were planned to bypass crumbling Ukraine — which would allow Russia to both maintain its Spain set to approve citizenship plan for Sephardic Jews | ||
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Madrid (AFP) - Spanish lawmakers were set Thursday to give final approval to a law to right a "historical mistake" and ease the path to citizenship for the descendants of Jews it expelled in 1492. The measure, championed by the centre-right government, grants dual citizenship rights for Jews with Spanish ancestry, who are known as Sephardic Jews. Under the previous 1924 law the government had discretionary powers to award Sephardic Jews nationality but candidates had give up their previous citizenship and they had to be residents of Spain. The new law gives Sephardic Jews the same dual citizenship privilege Spain currently grants only to people from its former colonies and neighbouring Portugal and Andorra. The bill -- which was introduced last year and which the government said was an effort to right a "historical mistake" -- has the support of all major parties and it is expected to pass final reading in the lower house of parliament by a wide margin. "This is a historic day, an important day, an emotional day," the president of the Spanish Federation of Jewish Communities, Isaac Querub, told journalists on the steps of parliament ahead of the vote. "It is a day of hope, a day of joy and we hope that this will make Spain a better place," added Querub, whose ancestors took refuge in North Africa after they were expelled from Spain. The Spanish government estimates that about 90,000 people will apply for citizenship, although officials admit there is no precise way of knowing how many descendants meet the criteria. Applicants do not have to be practising Jews but they must have their Jewish heritage vetted by the Spanish Federation of Jewish Communities or by rabbis where they live. They will also have to pass tests on Spanish language culture, prove they have a "special connection" to Spain and travel to the country at their own expense to apply. The law will come into effect in October and will expire after three years although it could be extended by another year if deemed necessary.
- 'Bureaucratic hell' -
While Jewish groups have welcomed the move, some Jewish leaders have complained that the requirements are too burdensome. Leon Amiras, who heads an association of immigrants to Israel from Latin countries, said the length of the process and costs involved will deter most Sephardic Jews from applying. "They will have to go through a Via Crucis, a bureaucratic hell, they will say they don't want it. I am disappointed with the law," he told AFP. Gabriel Elorriaga, a senior lawmaker for the ruling Popular party who is responsible for shepherding the law through parliament, said the government had sought a "difficult balance" with the law between the need for checks and the desire to make is straightforward to apply. "Granting citizenship to someone is a very solemn act in any state, you can't give citizenship just like that to someone," he said last month when asked about the complaints. Kelly Benoudis Basilio, 70, a retired French literature professor who lives in Lisbon, said she was "very interested" in applying for Spanish citizenship even though she has no plans to live in Spain. "For emotional reasons it is very important," said Basilio, a descendant of Jews expelled from Spain who was born in Ksar el-Kebir in northwestern Morocco and has Portuguese citizenship through marriage. Though estimates vary, historians believe at least 200,000 Jews lived in Spain before the Catholic monarchs Isabella and Ferdinand ordered them to convert to the Catholic faith or leave the country. Many who refused were burnt at the stake. Up to 3.5 million people around the world are thought to have Sephardic -- Hebrew for "Spanish" -- Jewish ancestry. The citizenship law is the latest step in Spain's modern efforts to atone for its past harsh treatment of Jews. One major step was a visit to a Madrid synagogue in 1992 by Spain's former King Juan Carlos to recognise "injustices of the past." Join the conversation about this story »  | ||
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Jawbone just sued Fitbit for the second time in 2 weeks, this time for allegedly stealing body weight patents | ||
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Jawbone on Wednesday filed another lawsuit against rival tracking device maker Fitbit, the second time in two weeks. This latest suit seeks a sales injunction against Fitbit trackers, claiming that Fitbit infringed on Jawbone patents, the Wall Street Journal reports. Jawbone is even planning to take its complaints to the International Trade Commission, which, if successful, could lead to a ban preventing Fitbit from getting its products or parts into the US, the WSJ said. Jawbone's suit claims that Fitbit infringed on one of its patents for a system for managing and monitoring body weight and other physiological conditions using "data from a data-capable band." Here's an image from Jawbone's patent, which was presented in the lawsuit:
Fitbit said in a statement to the Wall Street Journal that it plans to “vigorously defend itself against these allegations.” "Fitbit has no need to take information from Jawbone or any other company," the company said. "We are unaware of any confidential or proprietary information of Jawbone in our possession." At the end of May, Jawbone sued Fitbit, alleging it had poached Jawbone employees who downloaded confidential information before leaving for Fitbit. Jawbone ran into trouble around the release of its UP3 band, which was delayed, though the company's chances are starting to look up after Apple announced it would start stocking Jawbone products in its stores this summer. The company raised $300 million (£194 million) from BlackRock in February, but according to Bloomberg View this was a loan, not an equity investment. If the Jawbone sells, Blackrock will get paid before earlier investors. Fitbit is preparing to go public, having reported profits of $132 million (around £85 million) from operations, on revenue of $745 million (around £480 million) in 2014. Business Insider has reached out to both companies for comment. Join the conversation about this story » NOW WATCH: Here's what happens when you drop an Apple Watch face down on cement  | ||
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Draft text for global climate deal due by end-October: official | ||
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Bonn (AFP) - Negotiators for a global climate pact will produce a draft text by the end of October, one month before the start of a UN conference scheduled to adopt the deal, the co-chairman of the talks said Thursday. "You will have by the end of October the draft package," Ahmed Djoghlaf told journalists in Bonn, referring to a core political agreement backed by a set of technical decisions. Join the conversation about this story »  | ||
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