Since at its core, yesterday’s 1-page “tax plan” was a Goldman creation, who better to explain what Trump offered than Goldman Sachs itself, which it did overnight in a far lengthier note from its chief Washington analyst Alec Phillips. Here is Goldman with an elaboration of the handful of bullet points contained on the much anticipated one page, extended to 6 pages. Q&A on the President’s Tax […]
This is the system stack that Project Halium is proposing. Image: Project Halium A group of developers hope to unite several Linux-based mobile distributions with a common Android base that will make it easier for them to run on Android hardware. The developers are aiming to create a better way for non-Android GNU/Linux distributions like Ubuntu Touch, Sailfish OS, Plasma Mobile and others to make progress in […]
MANILA, Philippines — The Republic of the Philippines and Brunei Darussalam issued a joint statement following the state visit of Prime Minister Hassanal Bolkiah to Manila. Bolkiah is also in the country to attend the 30th Association of Southeast Asian Nations Summit at the Philippine International Convention Center on Saturday. Read the full statement below. 1. At the invitation of the President of the Republic of the Philippines […]
Screenshot via YouTube Waymo is moving forward with plans to bring self-driving cars to US roads by opening up rides to the public. Earlier this week, Waymo, formerly known as Google’s self-driving car project, said that a handful of Phoenix, Arizona residents have already tested out the technology as part of the early rider program. Now, other residents can apply to join the project as part of […]
Ransomware incidents have surged 50 percent from a year ago, educational institutions are becoming a playground for cyber espionage and 68 percent of healthcare security threats are internal, according to Verizon’s 2017 Data Breach Incident Report (DBIR). The DBIR is based on data from 65 organizations, 42,068 incidents and 1,935 breaches in 84 countries. At a high level, Verizon’s DBIR isn’t that surprising. One of the recent […]
The big announcement of the really, really big Trump Tax Plan with the “biggest tax cuts in history” came out bigly on Wednesday, as Trump promised. Treasury Secretary Steven Mnuchin and National Economic Council Director Gary Cohn, Trump’s latest tax team, beamed proudly as they presented their baby. The stock market took a deep breath, then looked at their brainchild and completely petered out. First, let me say, I clearly have nothing to recant […]
A Malta magistrate is investigating explosive claims of money laundering and corruption that have put New Zealand in the middle of a global cash trail from the family of Azerbaijan president Ilham Aliyev. President Aliyev’s daughter, Leyla Aliyeva, is alleged to have channelled more than $1.5 million to senior figures of the Malta government, including Prime Minister Joseph Muscat’s wife. These include alleged payments to Panama companies […]
Amazon’s Echo Look device. Amazon’s Echo speaker lineup has a new off-beat iteration that turns Alexa into your very own personal stylist. The e-commerce giant on Wednesday introduced the Echo Look, an Alexa-enabled device equipped with a depth-sensing camera and LED lighting that will take pictures of your outfit, via voice command, and offer fashion advice through style-trained machine learning algorithms. The Style Check feature, which is […]
Artist’s impression of a diamond quantum sensor Image: David A. Broadway/cqc2t.org Researchers at the University of Melbourne (UoM) have announced a boost to the development of future electronics, producing imagery of electrons moving in two-dimensional graphene. In the above image, the spotlight-like shine below the diamond represents light passing through the diamond defect and detecting the movement of electrons. Electrons are shown as red spheres, trailed by […]
Tax Foundation: Not what it seems? The other big player, the Tax Foundation, is a Washington, D.C.-based think tank that researches state and federal tax policies, and meets with lawmakers, citizens, and journalists to provide expert advice on tax policy. The group’s mission is to “improve lives through smarter tax policy,” according to the foundation’s website. Smarter tax policy, the foundation argues, includes making the tax code […]
By Amanda Becker and Ginger Gibson | WASHINGTON WASHINGTON President Donald Trump will release a tax plan on Wednesday that proposes to sharply slash rates on businesses and overseas corporate profits returned to the United States, officials said. The Trump administration is touting the blueprint, which also calls for higher standard deductions for individuals, as a landmark tax cut just days before the Republican president marks his […]
Microsoft began rolling out the Windows 10 Mobile version of its Creators Update release at the end of the day Pacific Time on April 25. The RTM (“release to mainstream,” if you’re not a fan of “release to manufacturing”) version of the OS for Windows Phones is 15063.251. (The RTM for Windows 10 Creators Update for PCs also was 15063.) As Microsoft acknowledged recently, only about a […]
Modest dress is enjoying a renaissance. Fashion brands are increasingly embracing the long-held view shared by those in region that style does not have to equate to revealing a lot of flesh. Building on the foundations of sensuality over sexuality, and demure over décolletage, the West is finally catching up with the Middle East in terms of tasteful dressing. Women in the Middle East have long expressed […]
With little macro data overnight (aside from a modestly disappointing Australian CPI print), offset by an ongoing of corporate profits (this is the single busiest week for corporate earnings in more than 10 years), today everyone’s attention will be focused on three things to come out of Washington: taxes, healthcare, spending. And while we did our best to summarize what is known and unknown last night, this […]
An estimated 2 million Android users have now fallen victim to malware mistakenly downloaded from Google Play, which was initially reported to have affected approximately 600,000 users. The malware, dubbed FalseGuide, was hidden in more than 40 guide apps for games, the oldest of which was uploaded to Google Play as early as November last year, security researchers from Check Point said. “Since April 24, when the […]
Robo Wunderkind founding team: Yuri Levin, Anna Larotska, and Rustem Akishbekov. Image: Zoe Opratko As robots increasingly replace humans in the workplace, those who possess the skills to build and program robots will have a distinct advantage, according to Vienna-based startup Robo Wunderkind. As the “robotic revolution” beckons, Robo Wunderkind wants to take a proactive approach by equipping children as young as five years old with some […]
Uber is planning to demonstrate a network of flying cars in Dallas-Fort Worth and Dubai by 2020, as announced by the ride-hailing company at the Uber Elevate summit. Similar to how Uber dispatches drivers and their cars, the company will not be manufacturing the flying cars, which will be vertical take-off and landing, or VTOL, vehicles. Rather, it will lead the formation of the network that will […]
He was supposed to have been charged yesterday, but action was put off A WARRANT of arrest is out for a politician in Malacca implicated in a multimillion-ringgit corruption scandal. The man was supposed to be charged yesterday with at least 10 counts of offences related to money laundering, but the highly-anticipated court appearance did not materialise. The New Straits Times was made to understand that the […]
86 percent of the total attacks experienced by Australia during a 12-month period originated from within the country’s borders, a report from NTT Security has found. The United States was the source of 9 percent of the total attacks, while Germany accounted for 1 percent. According to the NTT Security Global Threat Intelligence Report 2017, remote administration was the top service used in attacks against Australia, with […]
The public should be able to freely access the names of the people behind the ownership of assets and bank accounts in order to boost transparency and stop secret shell companies being used for criminal activity. This is the key contention of a host of submissions to Treasury as part of the federal government’s plans to increase transparency of the beneficial ownership of companies following the Panama Papers revelations. Play […]
Australia’s National Broadband Network (NBN) company has attained speeds of 1.1Gbps download and 165.6Mbps upload across its fixed-wireless network during a series of live trials in regional Victoria in partnership with Ericsson, NetComm Wireless, and Qualcomm. The tests were conducted in March at a Ballarat campus of Yuille Park Community College, which is situated 1km from the fixed-wireless tower used for the trial. To attain speeds in […]
An IBM/Nvidia cluster completed a one-billion cell Echelon petroleum reservoir simulation (shown above) in 92 minutes. Image: IBM/Stone Ridge Technologies A high-performance computing record set by a cluster of more than 22,000 compute nodes has been shattered by just 30 machines. The massive reduction in computing infrastructure needed to set a new record for simulating oil, water, and gas flow was made possible by tapping into the […]
ARM on Monday unveiled the Mali-C71, its first image signal processor (ISP) built from the ground up for the automotive market. ISPs process raw pixel data so it can be displayed to a driver or used for further processing by computer vision algorithms. ARM’s ISPs already offer high dynamic range, noise reduction and other features for devices like smartphones and videoconferencing systems, but cars require higher performance […]
Liam disassembles iPhones and sorts components into bins for further processing. (Image: Apple) Apple has released new details about Liam, its line of robots that disassembles the iPhone 6 so that individual components can be reused to make new gadgets in the future. Liam was first introduced last year , and now that the pilot has been successful, there are plans to expand the project. This will […]
