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STRONG START FOR BIDEN ON CYBER: President Biden and his administration have hit the ground running on cybersecurity during his first week in office, with a particular emphasis on addressing the fallout from the recently discovered Russian hack that hit much of the federal government.
Experts are calling the focus on cyber issues – and Biden’s efforts to quickly fill key roles and push back against foreign adversaries – a breath of fresh air after four years of the Trump administration.
“Certainly all of the action, and the substantive nature of the action, represents that they’ve put cybersecurity as a priority, which they had said in the transition, but they are putting their money where their mouth is and moving forward on it,” said Kiersten Todt, former executive director of a cybersecurity commission under former President Obama who’s now managing director of the Cyber Readiness Institute.
Read more here.
APPLE, FACEBOOK FINISH STRONG: Apple and Facebook both reported strong earnings from the last three months of 2020 in their quarterly earning reports released Wednesday.
Facebook reported a total revenue of $28 billion in the last three months of 2020, a 33 percent increase from the same period last year, and Apple reported an all-time record revenue of $111.4 billion in the last three months of 2020, up 21 percent from the previous year.
Facebook noted challenges it faces regarding targeted ads in the new year, specifically citing Apple’s new iOS 14 update which the social media giant has repeatedly criticized as it limits the reach of targeted…