News That Matters

Tag: firm

US firm picks UK for weather satellites

US firm picks UK for weather satellites

Science
Media playback is unsupported on your deviceA miniaturised instrument to monitor the weather will be the first payload to fly on one of the UK's new publicly funded demonstration satellites. US-based Orbital Micro Systems will launch their microwave radiometer aboard the 30cm-long spacecraft next year to retrieve temperature, humidity and precipitation measurements. If successful, OMS plans a 40-strong constellation of similar satellites. OMS is moving into Britain because of the support offered to new space firms. Originating in Colorado, the company is opening a data-processing centre in Harwell, Oxfordshire, and a hardware facility in Glasgow, Scotland. "The UK's In-Orbit Demonstration programme is unique; it doesn't exist anywhere else," says OMS CEO William Hosack. "The speed with whi...
Former Trump aide to invest in Weinstein firm

Former Trump aide to invest in Weinstein firm

Entertainment
One of Donald Trump's closest confidantes has thrown a lifeline to the scandal-hit Weinstein entertainment empire, amid signs it could be up for sale.The Weinstein Company has confirmed it has entered an agreement with Colony Capital, a private equity firm run by Tom Barrack.Colony will inject cash into the company while discussions continue over it buying all or part of the Weinstein firm.:: UK police investigating five Weinstein sex assault claims:: Corden sorry for Weinstein jokesThe torrent of accusations against Harvey Weinstein had raised questions about the future of the company he founded.On Friday, his brother Bob denied suggestions the company would be closed or sold, saying it was "business as usual".:: The Accusers:Lina Esco, ActressShe says Weinstein told her: "I think we shou...
Equifax board hired law firm WilmerHale to review breach and early August stock trades

Equifax board hired law firm WilmerHale to review breach and early August stock trades

Finance
Equifax's board has hired the law firm WilmerHale to do an independent review of the data breach and the company's response to it and to review early August stock trades by some of its top executives, the company said Friday.An Equifax spokeswoman said the board's special committee investigating the matter is "conducting a thorough and independent review" of the breach and retained WIlmerHale. The law firm is also reviewing "the circumstances surrounding the trading by certain of the Company's executives," she said in an email.Three executives sold $ 1.8 million in shares just days after Equifax discovered the breach but more than one month before it disclosed it to the public. A spokeswoman has said previously that the executives, who include the company's chief financial officer, were no...
Equifax data breach: Credit rating firm replaces key staff

Equifax data breach: Credit rating firm replaces key staff

Technology
US credit report giant Equifax has replaced two senior staff after revealing last week it had suffered a massive data breach.Data on up to 143 million Americans, about 400,000 Britons and a number of Canadians may have been stolen by hackers between mid-May and July.The chief information officer and chief security officer have both stood down.Equifax faces dozens of legal claims over the breach, which the US Federal Trade Commission is investigating.Social security numbers, birth dates, addresses and driving licence numbers for up to 143 million Americans were exposed, the Atlanta-based firm says.Credit card numbers for about 209,000 Americans and "certain dispute documents with personal identifying information" for some 182,000 Americans were also accessed by the hackers, it adds.Lenders ...
PSNI hired cyber firm to unmask Twitter critics

PSNI hired cyber firm to unmask Twitter critics

Technology
The Police Service of Northern Ireland hired a private cybersecurity firm to investigate alleged Twitter accounts of officers mocking senior management.An internal investigation was launched a year ago after the PSNI's chief constable George Hamilton was criticised online for comments he had made to a junior officer on social media.Mr Hamilton told the officer to stop "wallowing in self pity" and "dry your eyes" after the officer raised concerns about the increasing pressures of the job.Following the exchange, a number of Twitter users criticised Mr Hamilton and posted anonymous complaints about the job and criticisms of PSNI management. The chief constable subsequently apologised to the officer.The PSNI brought in a private security firm to identify who was behind those accounts, many of ...