Business


WannaCry explained: What is WannaCry ransomware and how does it work?

The infection takes advantage of a Windows vulnerability which Microsoft released in March as a security patch. The malicious software was transmitted via email and stolen from the National Security Agency, reports the New York Times . "Once they're let out of the lamp, genies of this kind, especially those created by intelligence services, can later do damage to their authors and creators", he said.


Elon Musk's LA Tunnel Idea Might Make You Queasy

Elon Musk's LA Tunnel Idea Might Make You Queasy

But Elon Musk, who is man behind this venture put out some videos which shows us how this so called electric sled works and in fact it is now being tested in real world conditions. The boring machine used to build the first tunnel is called "Godot" and yes we're "waiting" to hear more about it. Here's what Musk has planned. Even in the post Musk warns the viewers at the very beginning saying.


US housing starts fell 2.6 percent in April

US housing starts fell 2.6 percent in April

Privately-owned housing starts in April were at a seasonally adjusted annual rate of 1,172,000, 2.6% below the revised March estimate of 1,203,000 but still 0.7% above the April 2016 rate of 1,164,000. Some of the drop in starts, especially in the Northeast, could be weather-related after a snowstorm lashed the region in March. "So Mother Nature had a hand in this".


Lender CYBG reports higher first half profit

Lender CYBG reports higher first half profit

Goldman Sachs maintained the stock with "Neutral" rating in Tuesday, November 15 report. Royal Bank of Canada restated an "underperform" rating and set a GBX 200 ($2.58) price target on shares of Cybg Plc in a research note on Wednesday, April 12th.


Tata Steel posts surprise loss after British pension charge

Tata Steel posts surprise loss after British pension charge

The strong fourth quarter helped the business generate earnings of £526 million for the last 12 months, compared to a £52 million loss the year before, with stronger market conditions and tailwinds from the fall in the value of sterling, which makes British exports cheaper overseas.


Vanguard unveils UK D2C platform with 0.15% fee

Vanguard unveils UK D2C platform with 0.15% fee

There is a minimum investment of £500 to join the service or a monthly savings contribution of £100, which will provide access to the firm's suite of funds including the LifeStrategy range, index funds, ETFs, Target Retirement Funds (TRFs) and actively-managed vehicles.