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EU High Representative for Foreign Affairs and Security Policy Kallas: Israels ground military operation in Gaza will worsen an already desperate situation. This will mean more death, destruction and displacement.The Atlanta Feds GDPNow model expects U.S. GDP growth to be 3.4% in the third quarter, compared with the previous forecast of 3.1%.On September 16th, Nick Timiraos, the "Federal Reserves voice," wrote in his latest article: "With a Fed rate cut virtually certain this week, investors will be focused on whether Powell will further his recent shift in stance. Investors will be closely watching for a key piece of information: Will Powell and his colleagues set a total of three rate cuts this year, or stick with their June forecast (when a minority of officials expected two cuts, given the seemingly more robust job market)?" Last month, in a highly anticipated speech, Powells concern about the job market outweighed the concerns of some of his colleagues about inflation. The question now is: Will Powell further intensify this concern after the weak August non-farm payroll report? Doing so would confirm market expectations of further rate cuts in the coming meetings, but would also likely require overcoming the concerns of some colleagues who are hesitant to commit to such a rapid policy shift due to concerns about the neutral interest rate level and whether it should be brought there.According to the Financial Times: Britain has abandoned its plan to impose zero tariffs on steel exports to the United States.U.S. House Speaker Johnson: A vote on the temporary bill is expected on Friday.

Facebook Notifies 1 Million Users About Stolen Passwords and Usernames Via Malicious Apps

Charlie Brooks

Oct 09, 2022 11:38

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Facebook (NASDAQ: META), a product of Meta Platforms Inc. (NASDAQ: META), has announced that it will disclose information about Facebook users whose accounts may have been compromised due to security flaws in numerous iOS and Android applications.


Facebook reportedly disclosed that it had discovered 400 malicious Android and iOS apps designed to steal sensitive login information from users.


Facebook will notify nearly one million users regarding the status of their accounts and any security issues.


Apple Inc. (NASDAQ: NASDAQ: AAPL) and Alphabet Inc. (NASDAQ: GOOGL) Inc. (NASDAQ: GOOG) notified Meta that suspicious apps had been removed from their respective stores after receiving a warning.


Bloomberg quotes David Agranovich, director of global threat disruption at Meta, as saying that cybercriminals will use similar themes to deceive users and steal their accounts and information because they are aware of the popularity of these types of apps.


Agranovich continued, "If an app promises something too good to be true, such as upcoming functionality for another platform or a social media website, it likely has ulterior motives."


Facebook announced that it will disseminate information on how users can identify malicious apps and avoid being "re-compromised" by enhancing their ability to identify problematic apps.


Earlier in March, hackers posing as law enforcement unknowingly shared user information with Apple and Facebook.


In the middle of 2021, the two organizations provided information such as client addresses, phone numbers, and IP addresses in response to fictitious "urgent data requests."

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