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Overview of Top weekly news

Overview of Top weekly news

China is responsible for hackers attacks

NATO members, EU, Australia, New Zealand and Japan publicly blame China in recent hacking attacks, including a large-scale campaign that exploited vulnerabilities in Microsoft’s e-mail system.  National Security Agency, Cybersecurity, FBI and Infrastructure Security Agency published a new advisory listing 50 tactics, techniques and procedures which Chinese state-sponsored hackers employ. Joe Biden said that about Beijing, which is not directly responsible for the attacks, but he blames them for providing protection to hackers.

IBM had great results

Company released results. Its revenue grew 3% per year in the quarter, according to a statement this is the fastest growth in three years, even if they consider corona virus impact. In this quarter company spent $1.75 billion on acquisitions. Reports from second-quarter earnings showed strong power and influenced market growth. Even analysts were surprised.

Performance of IBM company over for 5 years. (Source: Investing.com)

 Bad news for Apple

Amnesty International brought negative news for the company. Apple iPhones can be hacked by spyware and private data can be stolen, even without clicking at link. Report from Amnesty International found evidence which proves that iPhones belonging to journalists and human rights lawyers was attacked with malware from NSO Group named. Surprisingly infected was an iPhone 12, the newest iPhone model, with iOS 14.6, the newest software.

Toyota will not sponsor Olympics

Producer of motor cars Toyota announced at last second that company will not be sponsoring Olympic games in Tokyo. Problem is security connected with Corona virus. Company has doubts about organizers, if they can keep the Games safe during the Covid-19 pandemic. This big decision could could be negative factor for others sponsors. Also some japanese corporations who already paid for sponsorship rights has now a dilemma of public judgment.

 

Watch this week:

On Thursday, will be released European Central Bank Monetary Policy Statement which contains the outcome of the ECB’s decision on asset purchases and commentary about the economic conditions that influenced their decision.

On Friday, in U.K. will publish retail sales measures the change in the total value of inflation-adjusted sales at the retail level.

Disclaimer: The content of the Reports constitutes Marketing Communication and does not constitute Investment Advice or Investment Research or an offer for any transactions in financial instrument. The content of the Reports represents the view of our experts on a generic basis, and does not take into consideration individual readers personal circumstances, investment experience or current financial situation. In addition, the Reports have not been prepared in accordance with legal requirements designed to promote the independence of Investment Research, and are not subject to any prohibition on dealing ahead of the dissemination of Investment Research. Readers using the Reports should consider the possibility of encountering substantial losses. The past performance is not a guarantee of future results. Therefore, Goldenburg Group Limited shall not accept any responsibility for any losses of traders due to the use and the content of its Reports.
Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 83.12% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Please read the Risk Disclosure and Warning Notice
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 83.12% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.