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2 weeks ago | 
techmonitor.ai | Aninda Chakraborty
The Office of the Comptroller of the Currency (OCC) has formally notified the US Congress of a ‘major’ cybersecurity breach affecting its email system, in compliance with the Federal Information Security Modernization Act (FISMA). The incident involved unauthorised access to emails and attachments of OCC personnel, following detection of suspicious activity within the agency’s office automation environment.
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2 weeks ago | 
nsenergybusiness.com | Aninda Chakraborty
US President Donald Trump has signed orders to enhance coal production in the country. The move comes at a time when electricity demand in the country has increased for the first time in 20 years, driven by the rapid growth of energy-intensive data centres supporting artificial intelligence, electric vehicles, and cryptocurrency operations.
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2 weeks ago | 
techmonitor.ai | Aninda Chakraborty
The UK government has convened the inaugural session of the AI Energy Council in Whitehall, which brings together senior representatives from the energy and technology sectors. The meeting, to be co-chaired by the Technology and Energy Secretaries, aims to establish the council’s objectives, focusing on synchronising the government’s clean energy initiatives with advancements in AI and computing infrastructure to stimulate economic growth.
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2 weeks ago | 
hoistmagazine.com | Aninda Chakraborty
WireCo has introduced its latest product, the Casar Lazerlift, a new generation of rotation-resistant hoist rope designed for heavy-duty crane operations. The company unveiled the new product at the ongoing Bauma Munich trade fair. The Lazerlift hoist rope is specifically engineered to cater to the needs of large telescopic, crawler, and high-capacity tower cranes. It is built to withstand the extreme conditions of overhead crane operations, where safety and reliability are crucial.
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2 weeks ago | 
financedirectoreurope.com | Aninda Chakraborty
Yieldstreet is set to launch an automated investing solution for the private markets this year called Yieldstreet 360 Managed Portfolios. The new offering will provide individual investors with diversified access to private equity, real estate, and private credit, tailored to meet their specific investment goals.
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2 weeks ago | 
nsenergybusiness.com | Aninda Chakraborty
The recent imposition of tariffs by US President Donald Trump is poised to significantly impact the renewable energy sector, industry executives told the Financial Times. The leaders expressed concerns that the new tariffs may lead to potential price hikes and supply chain disruptions, which could hinder the US’ progress in the green energy sector. Notably, President Trump imposed a 10% tariff on all imports using his International Emergency Economic Powers Act of 1977 (IEEPA) authority.
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2 weeks ago | 
techmonitor.ai | Aninda Chakraborty
A new venture capital fund with a mission to invest in the cybersecurity sector has raised £50m in its opening funding round. Named Osney Capital, the oversubscribed fund has been backed by the UK government’s British Business Bank and is reportedly the first in the country to specialise in seed investments for British cybersecurity startups.
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2 weeks ago | 
nsenergybusiness.com | Aninda Chakraborty
The UK has approved the development of 1.2GW Rampion 2 Offshore Wind Farm project, set to be located off the Sussex coast. The Development Consent Order (DCO) was granted by the UK Secretary of State for Energy Security and Net Zero Ed Miliband, as part of the government’s Plan for Change. The approval paves the way for the construction of the wind farm, which is expected to generate enough renewable energy to power over one million UK homes.
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3 weeks ago | 
techmonitor.ai | Aninda Chakraborty
Oracle has admitted to some customers that attackers breached a legacy system and stole old client login credentials, Bloomberg reported, citing sources familiar with the matter. The breach, which was first reported in March, marks the second cybersecurity incident Oracle has disclosed to clients within a month. The FBI and cybersecurity firm CrowdStrike Holdings are reportedly investigating the incident.
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3 weeks ago | 
nsenergybusiness.com | Aninda Chakraborty
Brookfield Infrastructure Partners (BIP), together with its institutional partners, has entered into a definitive agreement to acquire Colonial Enterprises for an enterprise value of nearly $9bn or 9x EBITDA. Colonial operates independently and fully owns Colonial Pipeline Company (CPC), which provides transportation services for oil products from the US Gulf Coast to the Atlantic Seaboard, as well as Colonial Marketing Company.
