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  • Key Climate Talks Are Headed for Trouble After G-7 Wrangling
    Bloomberg

    Key Climate Talks Are Headed for Trouble After G-7 Wrangling

    (Bloomberg) -- Global leaders say they want decisive action on tackling climate change at a crunch UN summit this year. The behind-the-scenes arguing among Group of Seven delegates -- when progress was blocked by last-minute nerves, political tensions and a shortfall of funding -- shows just how far they have to go.Diplomats and ministers working toward the COP26 UN climate talks starting in Scotland in October worry that the summit’s chances of success may be in jeopardy. One senior British fig

  • The Vexing Tech Challenge of Fighting Ransomware: A Battle of Milliseconds
    Bloomberg

    The Vexing Tech Challenge of Fighting Ransomware: A Battle of Milliseconds

    (Bloomberg) -- 115 milliseconds. As quick as a blink, that’s the amount of time a new technology — developed by researchers from Australia’s national science agency and a university in South Korea — takes to detect that ransomware has detonated on a computer and block it from causing further damage. The finding seeks to address a vexing challenge that has stymied international efforts to stop such attacks. As hackers execute bolder attacks with bigger potential payouts, computer scientists are p

  • Investor Who Gained 20,000% on Alibaba Bets on Smart Cities
    Bloomberg

    Investor Who Gained 20,000% on Alibaba Bets on Smart Cities

    (Bloomberg) -- In 1999, Benson Tam decided to help out his buddy Joe Tsai and orchestrated a $500,000 investment for his then-untested startup. That company turned out to be Alibaba Group Holding Ltd., which revolutionized online shopping in China and debuted 15 years later with the world’s largest initial public offering, yielding a 200-fold return for Tam and his partners.In contrast with his decisive bet into Alibaba, Tam has spent the better part of the past decade studying and planning for