/cloudfront-us-east-2.images.arcpublishing.com/reuters/HQEXMEIJYNM3JBMME5F3VPBWVU.jpg?w=1200&resize=1200,0&ssl=1 "Exclusive: How a secret software change allowed FTX to use client money")
Dec 13 (Reuters) – In mid-2020, FTX’s chief engineer made a secret change to the cryptocurrency exchange’s software. He tweaked the code to exempt Alameda Research, a hedge fund owned by FTX founder Sam Bankman-Fried, from a feature on the trading platform that would have automatically sold off Alameda’s assets if it was losing too much borrowed money. In a note explaining the change, the engineer, Nishad Singh, emphasized that FTX should never sell Alameda’s positions. “Be extra careful not to liquidate,” Singh wrote in the comment in the platform’s code, which it showed he helped author. Reuters reviewed the…
Tag: software’s
Magic Software’s Magic Pathsala Announces Partnership with Kapil Dev’s Khushii
Published: Jan. 25, 2023 at 10:54 AM CST NOIDA, India, Jan. 25, 2023 /PRNewswire/ — Magic Pathshala, the CSR arm of Magic Software, has collaborated with Khushii, an independent, not-for-profit, child care NGO, founded by former Indian cricketer, Mr. Kapil Dev. As part of the collaboration, Magic Software will donate towards the education and upliftment of underserved children. To commemorate the partnership, Mr. Kapil Dev made a guest appearance at the Magic’s office in Noida on Jan. 25, 2023. Magic Software’s Magic Pathsala Announces Partnership with Kapil Dev’s Khushii (PRNewsfoto/Magic Pathshala)(PRNewswire) Kinship for Humanitarian Social and Holistic Intervention in India,…
Software supply chain risk is growing, but mitigation solutions exist
In late 2021, a critical vulnerability was discovered within the Apache-Log4j logging tool. This Log4j tool and vulnerability became infamous because it was used by millions of software packages across organizations that had no idea that existed within their software supply chain. Even organizations that develop their own software often leverage third-party commercial and open-source software to support their business services. Software supply chain risk has emerged as a leading concern for private sector firms and government agencies of all sizes. There is even a legislative effort within the Senate Homeland Security and Governmental Affairs Committee to help secure open-source…
Should You Think About Buying Guidewire Software, Inc. (NYSE:GWRE) Now?
While Guidewire Software, Inc. (NYSE:GWRE) might not be the most widely known stock at the moment, it received a lot of attention from a substantial price increase on the NYSE over the last few months. With many analysts covering the mid-cap stock, we may expect any price-sensitive announcements to have already been factored into the stock’s share price. But what if there is still an opportunity to buy? Today I will analyze the most recent data on Guidewire Software’s outlook and valuation to see if the opportunity still exists. View our latest analysis for Guidewire Software What’s The Opportunity In…
IRS Free File Now Open for 2023-The Free File Alliance Offers Taxpayers Free Industry-Leading Tax Software
Published: Jan. 16, 2023 at 10:00 AM CST|Updated: 12 hours ago Taxpayers can e-file their federal tax returns earlier than the official opening of the tax filing season at www.IRS.gov/FreeFile WASHINGTON, Jan. 16, 2023 /PRNewswire/ — Taxpayers can get a head start on preparing their tax returns as Free federal tax preparation and e-filing software is now available at www.IRS.gov/FreeFile to all Americans with a 2022 adjusted gross income (AGI) of $73,000 or less. Powered by The Free File Alliance, a coalition of 7 industry-leading tax software companies partnered with the Internal Revenue Service (IRS), the Free File program gives…
Spy software found a worker wasn’t working as much as she said. Now she must repay her wages.
A Canadian accountant has been ordered to repay her employer for “time theft” after the company’s tracking software determined that she was performing personal tasks while she was claimed to be working. The court ruling marks one of the first instances in which such technology has been used to order a worker to repay an employer for slacking off on the job. Karlee Besse, an employee of Vancouver Island accounting firm Reach CPA, initially claimed she was wrongfully dismissed and that her employer owed her $5,000 in unpaid wages and severance pay. Besse’s employer said it terminated her because she…
Corrupt software introduced by contractors took down the FAA system, officials say
The software that failed and forced the Federal Aviation Administration to ground thousands of flights on Wednesday is 30 years old and is not scheduled to be updated for another six years, according to a senior government official. This system was installed in 1993 and runs the Notice to Air Missions system, or NOTAM, which sends pilots vital information they need to fly, the official said. After the FAA was able to get planes flying again, a government official said a corrupted file that affected both the primary and the backup NOTAM systems appeared to be the culprit. Investigators are…
![[CES 2023] JBL expands soundbar line-up with five new options](https://i1.wp.com/techaeris.com/wp-content/uploads/2023/01/JBL-Bar-1000-soundbar-hero.jpg?w=1200&resize=1200,0&ssl=1 "[CES 2023] JBL expands soundbar line-up with five new options")
[CES 2023] JBL expands soundbar line-up with five new options
We’ve reviewed a few JBL soundbars over the years, and they offer excellent sound quality and other features. At CES 2023 last week, the company announced five new options, including their most advanced soundbars yet featuring 3D and Dolby Atmos sound. Estimated reading time: 3 minutes The new line-up includes the JBL Bar 1300X, JBL Bar 1000, JBL Bar 700, JBL Bar 500, and JBL Bar 300. All five models support Dolby Atmos, MultiBeam technology (with the exception of the Bar 700), and HARMAN PureVoice , while the 1300X and 1300 also support DTS:X 3D surround. “The new JBL Bar…