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FTX CEO Sam Bankman-Fried says he will not Spend $1 Billion on Political Races

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internal swiggy 2.2b

In May, the CEO of FTX trading, Sam Bankman-Fried, made claims that he expected to spend up to $1 billion in political donations in the run-up to the 2024 United States presidential election. According to data from OpenSecrets, if Sam could have done this political spending, then he would have become the largest political donor.

Now, Bankman-Fried, a crypto billionaire, is putting his foot on the brakes and saying that he will not spend $1 billion. This week at Politico’s Morning Money podcast, he said about his previous comments on campaign spending that it was a dumb quote. Moreover, he said that he thinks his messaging was sloppy and inconsistent in some cases.

In anticipation of the 2022 midterm elections, Bankman-Fried had reportedly raised around $40 million, to which Protect Our Future PAC had donated $28 million. Most of this fund had gone to Democratic candidates, such as over $10 million of the PAC’s donations had gone to a single Democratic congressional candidate, Oregon’s Carrick Flynn.

Bankman-Fried had previously touted these donations as a key tool in achieving progress in the billionaire’s policy areas of choice, but now he says that he is abstaining from any further political spending. On the podcast, he said that at some point, when you have given your message to voters, there’s not a whole lot more you can do.

However, he did not clarify that he would turn the spigot back on in the ramp-up to the 2024 presidential election. He also indicated that his experience of spending on politics had led him to re-evaluate a once general election-focused strategy.

Bankman-Fried said that he thinks primaries are more important, and he could try and talk about pandemic preparedness in a general election. But most voters are gonna say that’s cool, but like, he’s a Democrat or a Republican. Moreover, he said that’s not going to move the needle enough for me to go over the other issues.

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Sang Sultantoto

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Sang Sultantoto

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BANDAR TOGEL – TOGEL ONLINE HONGKONG, SULTANTOTO
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BANDAR TOGEL – TOGEL ONLINE HONGKONG, SULTANTOTO
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https://sangsultan.asia/wap
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Critical GitLab flaw permits account takeover by attackers

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Critical GitLab flaw permits account takeover by attackers

GitLab has patched a critical severity flaw that may have let remote attackers exploit hardcoded passwords to seize control of user accounts.

Both the Community Edition (CE) and Enterprise Edition of GitLab are impacted by the flaw, which was identified internally and is designated CVE-2022-1162 (EE).

During OmniAuth-based registration in GitLab CE/EE, static passwords were unintentionally set, which led to this vulnerability.

In a security advisory released on Thursday, the GitLab team stated that “a hardcoded password was set for accounts registered using an OmniAuth provider (e.g. OAuth, LDAP, SAML) in GitLab CE/EE versions 14.7 prior to 14.7.7, 14.8 prior to 14.8.5, and 14.9 prior to 14.9.2 allowing attackers to potentially take over accounts.”

In order to thwart such assaults, GitLab strongly advised users to update all GitLab installations right away to the most recent versions (14.9.2, 14.8.5, or 14.7.7).

We STRONGLY RECOMMEND UPGRADING TO THE LATEST VERSION AS SOON AS POSSIBLE FOR ALL INSTALLATIONS RUNNING A VERSION AFFECTED BY THE ISSUES DESCRIB

A code patch made two days ago reveals that GitLab removed the ‘lib/gitlab/password.rb’ file, which was used to give the ‘TEST DEFAULT’ constant a shoddy hardcoded password.

Some GitLab users had their passwords reset.
GitLab also stated that as part of the CVE-2022-1162 mitigation effort, it reset a select few GitLab.com users’ passwords.

Additionally, it did not discover any proof that any accounts had been compromised by hackers exploiting the hardcoded password security weakness.

As of 15:38 UTC, “We completed a reset of GitLab.com passwords for a chosen selection of users,” the GitLab staff stated.

Although there is no evidence to suggest that users’ or accounts’ security has been compromised, we are nonetheless taking precautions for our users’ safety.

A GitLab representative provided the information already included in the advisory with BleepingComputer when asked how many Gitlab.com users had their passwords reset, adding that they only did it for “a selected set of people.”

A programme to recognise affected user accounts
GitLab has developed a script that self-managed instance administrators can use to find user accounts that might be affected by CVE-2022-1162, despite the fact that the firm claims no user accounts have been compromised so far.

Administrators are urged to reset the users’ passwords after identifying any user accounts that might have been impacted.

GitLab claims that over 100,000 businesses utilise its DevOps platform, and it has over 30 million estimated registered users from 66 different nations.

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CCPA NEEDS STRONGER ENFORCEMENT, BUT “AUTHORIZED AGENTS” LIKE DONOTPAY CAN MAKE IT EASIER FOR CONSUMERS TO OPT OUT OF DATA COLLECTION (KAVEH WADDELL/CONSUMER REPORTS).

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CCPA NEEDS STRONGER ENFORCEMENT

Understanding the five major aspects of HRM  —  Employees are not just part of your organization, they are your organization.  To keep your business running smoothly, employees have to be managed efficiently and their needs have to be catered to.

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