U.S. banks flagged #ransomware related transactions adding up to more than $1 billion in 2021, the Treasury Department said. But the true numbers may actually be higher, says Paul Benda
@ABABankers
#cybersecurity #hacking #ciso https://
wsj.com/articles/repor
ted-ransomware-incidents-costs-soared-in-2021-treasury-says-11667513649
…
ECONOMY
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U.S. Banks Flag Over $1 Billion in Ransomware Transactions 2021
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Twitter’s Free Model Deteriorates Content Quality and Communities
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Right now using Twitter for free has already changed, because the only thing people talk about on here is the state of Twitter! The product may stay free but the content and communities I care about are already deteriorating rapidly here
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Twitter’s $8 subscription changes social media economics
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My hunch is that something pretty seismic has changed in the past few days Mastodon used to have to compete with Twitter – a free, ad-supported service. Why pay for Mastodon if Twitter is free? Twitter seems to be setting a new expectation that $8/month is a fair price to pay!
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Thousand tiny servers bloom: Mastodon financial sustainability model
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That's another reason why I'm optimistic: may a thousand tiny servers bloom Mastodon users seem to get that they should open their wallets – there are no ads so it's pretty clear that people need to help financially support the servers they are using – or volunteer time, or both
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Global Interconnection Index Report on Digital Transformation Trends
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Download! #news The Global Interconnection Index #GXIreport @Equinix gives valuable view on macro #trends & benchmarks shaping #DigitalTransformation from #Sustainability to #Skills https://
eqix.it/3ToVTMW #ESG #tech #innovation #SDGs @Shi4Tech @Chels_LA @Analytics_699 -

AGI Token Launch: Nodes Meet Agents for Economic Value
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$AGI : AGI Token AGI Agents will likely generate transformative economic value: AGI Nodes X AGI Agents = AGI Token ($AGI) Hence, we’re preparing a new international organization and the AGI Token : $AGI http://
MONTREAL.AI: Winning the #AGI Race #AGI #MontrealAI -

Private Equity Takeovers: Higher Prices, Lower Service Quality
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By taking firms private, funds can do all sorts of changes without having to tell anyone much about it. The result is often higher prices & lower services, as private equity funds try to maximize profit. It is just very unusual to see the process play out so publicly.
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Twitter Acquisition: Cost Cutting and Organizational Realignment Strategy
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This is a useful thread to think about changes at Twitter. Some of these changes – massive cost cutting & layoffs, aligning of the goals of the company with the goals of the new owner – are common when firms are bought out. But private equity does it quietly, so we don’t see it.
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AI Evolution Reshapes Modern Advertising Industry Landscape
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How Artificial Intelligence has Evolved in the Advertising Industry https://
analyticsinsight.net/how-artificial
-intelligence-has-evolved-in-the-advertising-industry/
… #ArtificialIntelligence #AI #Advertising #MachineLearning #DataScience #innovation #IoT #DigitalMarketing #100DaysOfCode #technology #programming #DigitalTransformation -
Why Tech Calls Machine Learning Systems ‘AI’
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Machine-learning systems are problematic. That’s why tech bosses call them ‘AI’ https://
theguardian.com/commentisfree/
2022/nov/05/machine-learning-systems-are-problematic-thats-why-tech-bosses-call-them-ai
… @guardian #AI #MachineLearning #DataScience #Robots #BigData #Analytics #100DaysofCode #IoT #serverless #womenwhocode #Python #DigitalTransformation #TensorFlow #DeepLearning