Tag Archives: announcements

Atlanta Fed President Bostic says he’ll leave position when his term expires in February

**Atlanta Fed President Raphael Bostic to Step Down in February**

Atlanta Federal Reserve President Raphael Bostic announced Wednesday that he will be leaving his position when his term expires on February 28th. Bostic, who has served since June 2017, made history as the first Black and openly gay regional president of the Federal Reserve.

“I’m proud of what we accomplished during my tenure to turn the lofty goal of an economy that works for everyone into more of a reality, and I look forward to discovering new ways to advance that bold vision in my next chapter,” Bostic said in a statement.

His announcement comes at a pivotal time for the Federal Reserve and its rate-setting body, the Federal Open Market Committee (FOMC). Regional presidents serve five-year terms, often synchronized to expire in years ending in either 1 or 6, which will be the case next year. While local boards vote on the regional presidents, their appointments are subject to approval by the Fed Board of Governors. Although the process is typically routine, unusual political dynamics on the board this year could add complexity.

Alongside the reappointments of regional presidents, Jerome Powell’s term as Fed chair is set to expire in May. However, his role as governor continues until 2028.

During his tenure, Bostic gained a reputation as a centrist. He has taken a cautious approach to interest rate cuts amid elevated inflation and a softening labor market. Notably, he is not an FOMC voter this year—Atlanta will next get a vote in 2027.

Fed Chair Jerome Powell praised Bostic, stating, “His perspective has enriched the Federal Open Market Committee’s understanding of our dynamic economy. And his steady voice has exemplified the best of public service grounded in analysis, informed by experience, and guided by purpose.”

Until Bostic’s successor is named, Cheryl Venable, the first vice president and chief operating officer at the Atlanta Fed, will serve as acting president.
https://www.cnbc.com/2025/11/12/atlanta-fed-president-bostic-says-hell-leave-position-when-his-term-expires.html

Proton Data Breach Observatory reports as soon as your personal data hits the dark web

Security-conscious readers are likely familiar with the data breach alert site Have I Been Pwned. However, a new website from Proton aims to provide alerts at an earlier stage, offering what the company describes as near real-time reporting.

### Introducing Proton’s Data Breach Observatory

The team behind ProtonMail has launched the Data Breach Observatory to address a critical issue: it can often take too long to discover when personal data has been made available for sale on the dark web. Despite existing laws, relying on large companies to disclose data breaches and compromised personal data is often unreliable. Many organizations delay revealing breaches for weeks or even months.

This delay is exactly why websites like Have I Been Pwned exist — they aim to notify individuals about stolen data as soon as there is a reasonable basis to believe a breach has occurred. However, Have I Been Pwned takes a cautious approach to avoid false alarms triggered by hoax claims from attackers.

### How Have I Been Pwned Validates Breaches

To ensure breach legitimacy, Have I Been Pwned typically performs several validation steps, such as:

– Checking if the affected service has publicly acknowledged the breach.
– Searching Google to determine if the breach data is simply copied from another source.
– Verifying whether the data’s structure matches what is expected in a genuine breach.
– Assessing whether attackers provide credible evidence demonstrating the attack vector.
– Reviewing the attackers’ history for a pattern of either reliably releasing breaches or falsifying them.

### Proton’s More Aggressive Approach

In contrast, Proton’s Data Breach Observatory takes a more proactive stance by reporting personal data as soon as it is offered for sale on the dark web, according to Engadget. Proton monitors the dark web directly, tracking locations where data thieves advertise stolen information.

By observing these exchanges, Proton aims to warn potential victims as early as possible — sometimes even before the targeted organizations themselves become aware of the leak. Beyond individual alerts, the Observatory is designed to raise public awareness about the scale of cybercrime and to increase accountability, making it harder for companies to hide data breaches.

### Near Real-Time Updates and Collaboration

Proton plans to update the Observatory close to real-time, thanks to a partnership with risk detection firm Constella Intelligence. Although the website currently appears to be available only in German, an English version is expected soon.

### Our Take: More Choice Is Better

Offering multiple data breach alert options gives users greater choice. While Proton’s more aggressive reporting may produce some false positives, it has the advantage of providing earlier warnings for genuine breaches.

Though hackers sometimes make hoax claims for notoriety, when they actually offer stolen data for sale, these cases are more likely to be authentic. Users who want to stay ahead of potential risks may find Proton’s Data Breach Observatory a valuable addition to their security toolkit.

### Highlighted Accessories

– Official Apple Store on Amazon
– Apple 40W Dynamic Power Adapter for iPhone 17
– Official Apple iPhone Air Cases and Bumpers
– iPhone Air MagSafe Battery
– Official iPhone Air Case
– Official iPhone 17 Cases
– Official iPhone 17 Pro Cases and Pro Max Cases
https://9to5mac.com/2025/10/30/proton-data-breach-observatory-reports-as-soon-as-your-personal-data-hits-the-dark-web/

Hikaru Nakamura’s gesture after defeating Gukesh sparks debate: Details here

**Hikaru Nakamura’s Gesture After Defeating Gukesh Sparks Debate**

*By Gaurav Tripathi | October 06, 2025, 2:08 PM*

**What’s the Story?**

Indian Grandmaster D. Gukesh’s defeat against Hikaru Nakamura at the ‘Checkmate: USA vs India’ exhibition event has sparked a major controversy. After winning the final game, Nakamura threw Gukesh’s king piece into the crowd—a gesture many deemed disrespectful both to the game of chess and to Gukesh himself. However, others defended the act as a refreshing and entertaining break from chess’s traditionally reserved image.

**Event Details**

It’s important to note that the ‘Checkmate: USA vs India’ event was not a FIDE-sanctioned tournament, but rather an exhibition designed to attract new audiences through quirky adaptations to the traditional chess format. Unlike standard chess matches, players were introduced with WWE-style announcements and encouraged to cheer or jeer before a live audience, breaking the customary silence typically observed during competitive chess.

**Pre-Planned Celebration**

Nakamura’s controversial move was not spontaneous but part of a pre-planned celebration agreed upon before the match. Organizers discussed the celebratory gesture with all participants and encouraged them to express themselves candidly. YouTuber Levy Rozman, who also took part in the exhibition by defeating ChessBase India’s Sagar Shah, revealed that Nakamura’s action was in line with what the organizers requested. Nakamura even explained his intent privately to Gukesh afterward.

**Community Response**

The chess community’s reactions were mixed. Chess streamer Jules Gambit, a co-host of the event, defended Nakamura on social media, emphasizing that all players were instructed to have fun after a win. She argued it is unfair to judge Nakamura’s gesture by traditional chess standards given the experimental nature of the event.

Despite some backlash, notable chess figures, including Dutch Grandmaster Anish Giri, publicly supported Nakamura’s decision, seeing it as a lighthearted and creative aspect of this unconventional exhibition.

**Rivalries Reignited**

However, the incident reignited old rivalries and tensions. Former World Champion Vladimir Kramnik criticized Nakamura’s celebration, labeling it a “degradation” of the sport. FIDE CEO Emil Sutovsky also condemned Nakamura’s actions, accusing him of disrespecting the world champion’s title. Event organizers responded to these criticisms by highlighting the nature and spirit of the exhibition.

**Conclusion**

While the gesture stirred controversy, many players and fans sympathized with Nakamura’s intent, understanding that it was meant purely for entertainment and to challenge traditional perceptions of chess.

**Watch the Viral Clip Here!**
*Check out the moment that set the chess world buzzing on Twitter.*
https://www.newsbytesapp.com/news/sports/hikaru-nakamura-tossing-gukesh-s-king-sparks-storm-in-chess-world/story

Hikaru Nakamura’s gesture after defeating Gukesh sparks debate: Details here

**Hikaru Nakamura’s Gesture After Defeating Gukesh Sparks Debate**

*By Gaurav Tripathi | Oct 06, 2025, 02:08 PM*

**What’s the Story?**

Indian Grandmaster D. Gukesh’s defeat against Hikaru Nakamura at the ‘Checkmate: USA vs India’ exhibition event has ignited a major controversy. After winning the final game, Nakamura threw Gukesh’s king piece into the audience—a gesture many considered disrespectful to both the game of chess and Gukesh himself.

However, others defended the move as a fun and entertaining break from the traditional, often perceived “boring” image of chess.

**Event Details**

It’s important to note that the ‘Checkmate: USA vs India’ event was not a FIDE-recognized tournament but an exhibition match designed to attract new audiences. To differentiate it from regular tournaments, the organizers introduced several unconventional elements:

– WWE-style player introductions
– Encouragement of cheering and jeering from the live audience
– Relaxed rules on traditional chess etiquette

These changes aimed to make the event more engaging and lively for spectators.

**Pre-Planned Gesture**

Contrary to initial impressions, Nakamura’s controversial celebration was not spontaneous. It was a pre-planned gesture agreed upon beforehand by the organizers and participants. The event encouraged players to be candid and expressive in their post-win celebrations to heighten entertainment value.

YouTuber Levy Rozman, who also participated in the exhibition match, revealed that Nakamura’s action was in line with what the organizers requested. Nakamura later explained and apologized privately to Gukesh regarding his gesture.

**Community Response**

The chess community’s reaction to Nakamura’s move has been mixed.

Chess streamer Jules Gambit, who co-hosted the event, defended Nakamura on social media. She emphasized that all players were urged to enjoy themselves after a win and argued it’s unfair to judge Nakamura’s actions by the standards of traditional chess competitions.

Moreover, several respected players, including Dutch Grandmaster Anish Giri, supported Nakamura’s approach as part of this experimental event aimed at bringing fun and attracting new fans to chess.

**Rivalries Reignited**

The incident also sparked renewed tensions among some chess veterans. Former World Champion Vladimir Kramnik criticized Nakamura’s celebration, calling it a “degradation” of the sport.

FIDE CEO Emil Sutovsky weighed in as well, condemning the gesture as disrespectful to the reigning world champion. On the other hand, the event organizers issued a broad response defending the event’s spirit and intentions.

**Conclusion**

Despite the backlash, many players and fans have expressed understanding of Nakamura’s intentions, recognizing the gesture as part of an entertainment-focused exhibition rather than a sign of disrespect. This incident highlights the ongoing debate around blending traditional chess culture with modern, entertainment-driven formats.

**Watch the Viral Clip!**

[Insert Video Embed or Link]

*Stay tuned for more updates on the evolving world of chess.*
https://www.newsbytesapp.com/news/sports/hikaru-nakamura-tossing-gukesh-s-king-sparks-storm-in-chess-world/story

Hikaru Nakamura’s gesture after defeating Gukesh sparks debate: Details here

**Hikaru Nakamura’s Gesture After Defeating Gukesh Sparks Debate**

*By Gaurav Tripathi | Oct 06, 2025 | 02:08 PM*

**What’s the story?**

Indian Grandmaster D. Gukesh’s recent defeat against Hikaru Nakamura at the ‘Checkmate: USA vs India’ exhibition event has ignited a major controversy. After winning the final game, Nakamura tossed Gukesh’s king into the crowd—a gesture many considered disrespectful both to the game of chess and to Gukesh himself.

However, others have defended the move as a lighthearted break from the traditional, often serious image associated with chess.

**Event Details**

It’s important to note that the ‘Checkmate: USA vs India’ event was not an official FIDE tournament. Being an exhibition event, the usual etiquette and formalities of professional chess did not necessarily apply.

The match aimed to attract new audiences by introducing quirky, unconventional elements. Players were announced WWE-style, and unlike regular chess games where the audience remains mostly silent, attendees were encouraged to cheer and jeer, creating a lively atmosphere.

**Pre-Planned Celebration**

Nakamura’s controversial gesture was not a spontaneous reaction but a part of a pre-planned celebration agreed upon beforehand. Organizers had discussed this with all participants and encouraged them to be candid and entertaining during the event.

YouTuber Levy Rozman, who also participated in the exhibition and defeated ChessBase India’s Sagar Shah, revealed that Nakamura’s action was done at the request of the organizers. Nakamura later explained his actions privately to Gukesh.

**Community Response**

The chess community’s reactions have been mixed. Chess streamer Jules Gambit, who co-hosted the event, defended Nakamura on social media, emphasizing that all players were told to enjoy themselves after a win and that it would be unfair to judge Nakamura by the standards of traditional chess competitions.

Despite some backlash, several respected figures in the chess world, including Dutch Grandmaster Anish Giri, supported Nakamura’s decision as a part of an experimental and fun approach to the game.

**Rivalries Reignited**

The incident has also reignited some old rivalries. Former World Champion Vladimir Kramnik openly criticized Nakamura, calling his celebration a “degradation” of the sport. FIDE CEO Emil Sutovsky also voiced disapproval, saying Nakamura’s actions disrespected the reigning world champion.

In response, the event organizers addressed the criticism, emphasizing the exhibition’s intent to entertain and attract a broader audience.

**Final Thoughts**

While the gesture sparked debate and drew criticism from traditionalists, many players and fans understand that Nakamura’s actions were purely meant for entertainment in a non-traditional setting. The event successfully challenged conventional norms, prompting discussions about the evolving face of chess.

*Watch the viral clip here!*
https://www.newsbytesapp.com/news/sports/hikaru-nakamura-tossing-gukesh-s-king-sparks-storm-in-chess-world/story