Microsoft announced yesterday that it will be opening its third IoT & AI (Internet of Things and artificial intelligence) Insiders Lab. The new lab, located in Munich, Germany is set to open in April and will provide an EMEA point of presence to round out the existing labs in the Americas (Redmond, Wash.) and Asia (Shenzhen, China). Mission possibleThe mission of the labs is to provide facilities […]
Samsung Galaxy S8. Photo by Michael Krigsman. Is it a “work of art” as Samsung described it? Of course not. The Galaxy S8 is no Michelangelo. Samsung is also saying it’s the best design in consumer electronics, and although we shouldn’t take the Korean tech giant’s hyperbole too literally, I for one agree. The unveiling and design of the Galaxy S8, in a lot of ways, is […]
After slamming NBC’s coverage of the “Fake Trump/Russia story”, congratulating the NYTimes for “finally getting it” on Obamacare, Trump on Saturday commented on the previously discussed Fox News story about a “very senior, very well known” U.S. intelligence official who was allegedly involved in unmasking the names of Trump associates, and who had reprotedly surveilled Trump before the nomination. “Wow, @FoxNews just reporting big news. Source: ‘Official […]
By Aye Win Myint | YANGON YANGON Myanmar is training up hundreds of midwives in an effort to reduce the number of women who die in childbirth, one of many social policy reforms launched by the country as it emerges from decades of military rule. Statistics show childbirth and pregnancy-related complications are the leading causes of death among women in Myanmar, mainly due to delays in reaching […]
Chinese firm Lenovo has announced the appointment a new president for its operations in Brazil this week. Ricardo Bloj has taken over the role of president at the company, 14 months after joining Lenovo as chief operations officer. Bloj replaces Sílvio Stagni, who stepped down at the start of the year to head local IT distributor Allied. An IT veteran with over 25 years of experience, Bloj […]
By Rodrigo Campos | NEW YORK NEW YORK Forget the jobs report. The most interesting bit of U.S. economic data next week is Monday’s auto sales release, which will offer a measure of the middle-class consumer and a sector of the stock market that has had a rough ride so far in 2017. Economists are looking for another solid month of sales north of 17 million new […]
Photo Iraqis bathed in a sulfur pond not far from the southern outskirts of Mosul on Saturday. Iraqi forces are pushing to take western Mosul from the Islamic State. Credit Ahmad Gharabli/Agence France-Presse — Getty Images WASHINGTON — Facing mounting pressure over civilian casualties in American airstrikes, the United States-led coalition fighting the Islamic State in Iraq and Syria said on Saturday that it was likely that […]
Once upon a time Washington was simple: on one hand you had Republican interests, on the other: Democrats, and inbetween them perhaps, the occasional independent or “green.” Now… it’s less simple. At last check, DC currently boasts at least nine different parties, groups, factions or ideologies. Which is why keeping track of who wants what, and how the various groups allign, in US politics has become quite […]
FRANKFURT German prosecutors expect the first rulings this year in legal cases resulting from the Volkswagen (VOWG_p.DE) emissions scandal, Automobilwoche magazine reported on Saturday. “We hope to conclude lawsuits … this year,” Klaus Ziehe, spokesman for the Braunschweig state prosecutors office in Lower Saxony state, where Volkswagen is headquartered, was quoted as saying by the magazine. Ziehe said there were four lawsuits with 47 persons indicted, although […]
It would not be a Saturday morning if President Trump did not take to Twitter to vent about his latest grievance. This time he took aim at NBC News and in particular Chuck Todd… When will Sleepy Eyes Chuck Todd and @NBCNews start talking about the Obama SURVEILLANCE SCANDAL and stop with the Fake Trump/Russia story? — Donald J. Trump (@realDonaldTrump) April 1, 2017 It is the […]
The basic format of political fact-checking is identical the world over: Start from a widely circulated claim by a public figure, then rate the truthfulness of its objectively verifiable components. Tom Rosenstiel, executive director at the American Press Institute, thinks it may be time to rethink this model. Local newsrooms especially, he suggests, should make “the key unit of fact-checking not a claim or a fact, but […]
TOKYO Apple Inc (AAPL.O), Amazon.com Inc (AMZN.O) and Google have joined bidding for Toshiba’s (6502.T) NAND flash memory unit, vying with others for the Japanese firm’s prized semiconductor operation, the Yomiuri Shimbun daily reported on Saturday. Toshiba shareholders on Thursday agreed to split off its NAND flash memory business, paving the way for a sale to raise at least $9 billion to cover U.S. nuclear unit charges […]
When Unilabs, the Swiss medical diagnostics business owned by private equity firm Apax, sought buyers to refinance its loans this month, it was by invitation only. The decision to restrict who could buy its loans, while also cutting typical investor protections, is a classic sign of a red-hot credit market in which private equity owners are emboldened to sideline investors who will be more demanding should a […]
Authored by Daniel Lang via SHTFplan.com, If you’ve been paying attention to the ongoing degradation of the American economy since the last financial crisis, you’re probably flabbergasted by the fact that our economy has managed to make it this far without imploding. I know I am. I find myself shocked with every year that passes without incident. The warning signs are there for anyone willing to see, […]
By Kentaro Hamada and Taro Fuse | TOKYO TOKYO Toshiba Corp will likely miss a third deadline to report its quarterly business results, two sources told Reuters, forcing the Japanese conglomerate to ask for a fresh extension or face a possible delisting from the Tokyo Stock Exchange. A third postponement of the October-December earnings, past the latest deadline of April 11, looks necessary because Toshiba’s auditor, PricewaterhouseCoopers […]
By Simon Lewis and Wa Lone | YANGON YANGON Myanmar goes to the polls on Saturday for the first time since Aung San Suu Kyi’s party swept to power a year ago, in an early indication of views on her leadership amid increased fighting with armed ethnic groups and slower economic growth. The by-elections will fill 19 vacant seats in the national and regional parliaments at a […]
Hedge funds betting on a sharp drop in global equities suffered further this quarter, while the broader industry’s returns lagged behind those of US and European stocks. The flagship fund of Crispin Odey, who for several years has been warning of a violent bursting of a bubble inflated by central banks, is narrowly down for the year. The fund endured a nearly 50 per cent decline last […]
Panama has a new tourist attraction: the building hosting the offices of the Mossack Fonseca law firm at the heart of the Panama Papers scandal. That is why, workers there say, the sign announcing the firm has been taken down from where it used to be outside the dark-tinted edifice in Panama City’s modern banking district. Too many tourists were stopping to take selfies in front of […]
By Lesley Wroughton and Robert-Jan Bartunek | BRUSSELS BRUSSELS U.S. Secretary of State Rex Tillerson reassured his nervous European counterparts over Washington’s commitment to NATO on Friday and pressed them again to spend more on defence, triggering a rebuke from Germany. Foreign Minister Sigmar Gabriel said it was neither “reachable nor desirable” for Germany to spend the agreed NATO target of two percent of member states’ economic […]
Silicon Valley tech companies should do more to help media companies get subscribers and revenues – this was the gist from six panelists discussing “Journalism + Silicon Valley: The Balance of Power” at a recent event in San Francisco organized by the Tow Center for Digital Journalists. The event marked the release of Tow Center’s report: “The Platform Press: How Silicon Valley reengineered journalism |” It is […]
California is known far and wide for it’s wacky regulations. In fact, just last fall we wrote about SB 1383, a very significant piece of legislation signed into law by Jerry Brown which requires a 40% reduction in methane gas emissions from cow flatulence by 2030 (no, really…you can take a look here: “Here Are Some Of The Ridiculous New State Laws That Will Take Effect January […]
By Mark Hosenball | WASHINGTON WASHINGTON U.S. President Donald Trump on Friday backed a decision by his former national security adviser to seek immunity in congressional investigations of possible ties between his election campaign and Russia, but there was no immediate sign a request would be granted. Retired General Michael Flynn, who resigned only 24 days after becoming national security adviser, wants protection against “unfair prosecution” if […]
FUJAIRAH // Sheikh Mohammed bin Rashid offered his condolences to Sheikh Hamad bin Mohammed Al Sharqi, Ruler of Fujairah, on the death of the emirate’s Deputy Ruler. The Vice President and Ruler of Dubai visited the majlis at Al Remailah Palace in Fujairah, where he was also met by Sheikh Mohammed bin Hamad, Crown Prince of Fujairah, and the sons of the late Sheikh Hamad bin Saif […]
Investors are flocking back to European equities and propelling a rally across continental stock markets as money managers downplay fears around the upcoming French elections and fallout from Brexit. The shift — which follows a torrid 2016 when investors pulled roughly $100bn from the asset class — has been driven by hopes of a synchronised global economic expansion accelerating. European stock fund managers received $1.5bn in the […]
