Jamie L. LaReau Detroit Free Press Published 10:01 p.m. UTC Aug 20, 2018 McConnell Trapp has a special set of skills. He can hack into cars and control aspects of them from his computer. Trapp, 39, who has a law degree and speaks Japanese fluently, started hacking cars about 16 years ago. He used a computer, some various vehicle spare parts, a turbocharger and the help of few good friends to increase the 120 horsepower normally found in a 1995 Honda Civic sedan to almost 300 hp. "It was a lot of trial and error," said Trapp, who admitted he "blew up a lot of engines." Today, Trapp is director of Speed Trapp Consulting in Troy. He works as a legal "techno" consultant. He is one of the good guys who uses his ability to infiltrate car computer systems and uncover potentially dangerous flaws that would make them vulnerable to someone with malicious intentions. But if he were a bad guy, he knows how he could compromise several … [Read more...] about Carmakers struggle to hire hackers, the hottest job in the industry
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Last Updated Dec 2, 2010 5:47 PM EST Stability on the Korean peninsula is in short supply this holiday season, what with the shelling of a South Korean island last week and South Korea expecting more attacks. The security of Koreans and its neighbors, not to mention world peace, are the biggest worries, naturally. But anyone buying, selling or otherwise interested in this vital market has to recognize that there's a new level of uncertainty. And if your company is in high tech, your concern might ratchet up exponentially. South Korea is large market for technology goods and services, as well as a source of products and components. In November 2010, there were roughly 48.7 million people in the country. More than 90 percent own a mobile phone. According to the Telecoms Korea blog, within the first year of the Korean introduction of the iPhone, Apple (AAPL) had more than 1.6 million users of the device. A literal 3.3 percent of the entire population had already become customers. iPad, … [Read more...] about Doing Business in South Korea? Your Strategy Plan Should Factor in the Saber Rattling
Large companies like Verizon (VZ) are involved in a growing trend to bring at least some portion of their global business services back to the U.S. The reason: American cities are becoming lower-cost places to do business, at least for certain types of services. These are among the findings of a new report from strategy and operations consultancy Hackett Group, which ranked American cities accoriding to their attractiveness to companies. Here are the top five domestic locations: Syracuse, N.Y. Jacksonville, Florida Tampa, Florida Lansing, Michigan Grand Rapids, Michigan Companies have moved services such as administration, human resources and accounting to overseas locations for decades to form centers that could serve all their operations across the globe. Sometimes the services were outsourced to third parties, while other times companies developed their own specialized operations in another country. For example, Verizon wanted to consolidate 1,500 finance operations workers from … [Read more...] about Top 5 U.S. cities luring service jobs back home
Visit The Boston Globe Share on Twitter Share on Facebook Comment on this Scroll to top of page Jonathan Saltzman Globe Staff March 15, 2018 WALTHAM — Josef von Rickenbach has run one of the biggest life science companies in Massachusetts for 35 years, one that helped make the biotech industry possible. Yet it has remained all but invisible to the public. With nearly 19,000 employees in 51 countries, Parexel International Corp. shepherds experimental medicines through the maze-like clinical and regulatory process, crucial work that many firms can’t afford to do themselves. The multibillion-dollar global juggernaut has overseen tens of thousands of clinical drug trials since von Rickenbach helped start it in 1982 in his basement in Watertown.On Friday, von Rickenbach, 63, will retire as chief executive of the Waltham company, a move hastened by last year’s $5 billion purchase of Parexel by a private equity firm, he said. But he hardly sounds … [Read more...] about Not the retiring type
Autonomous vehicles were a huge focus at this year's Consumer Electronics Show in Las Vegas. In this week's episode of Industry Focus: Energy, Sarah Priestley talks with Motley Fool Canada Premium analyst Taylor Muckerman about what he saw at CES last week regarding self-driving cars, some of the biggest stumbling blocks that self-driving tech is running into today, and when we might start to see fully-autonomous cars on the road. Also, the hosts take a look at BP's (NYSE: BP) $1.7 billion hit to profits this quarter, and why the company is still paying up for the Deepwater Horizon spill; what we know so far about GE's (NYSE: GE) potential plans to split itself up, and what they would mean for the company's future; and more. A full transcript follows the video. This video was recorded on Jan. 18, 2018. Sarah Priestley: Welcome to Industry Focus, the show that dives into a different sector of the stock market every day. Today, we're talking Energy and Industrials. It's … [Read more...] about When Will Self-Driving Cars Be on the Market?