On a clear afternoon on September 28, 2008, Elon Musk was on the verge of a nervous breakdown. Years earlier he had sunk most of his internet fortune into a commercial space company – SpaceX – and was now vying for a lucrative deal with NASA to resupply the International Space Station. There was only one problem: the last three attempts to send a rocket into space […]
By Brenda Goh, Allison Lampert and Brad Haynes | SHANGHAI/MONTREAL/SAO PAULO SHANGHAI/MONTREAL/SAO PAULO New rules governing Chinese airline startups are fueling hopes at Embraer SA (EMBR3.SA), Bombardier Inc (BBDb.TO) and other regional jet makers for a spike in orders next year, but local competition and doubts about size restrictions still loom as major obstacles. The new policy is aimed at encouraging fledgling carriers to boost domestic flights […]
Designer-to-the-stars Furne One, from the label Amato, rarely talks about his many achievements. Despite having found worldwide success dressing celebrities including Jennifer Lopez, Beyoncé and Katy Perry, the Dubai-based Filipino couturier’s reputation for being self-effacing precedes him. Seeking to shine a light on his talent is Los Angeles film producer, and founder of the Fashion News Lifestyle (FNL) network , Rocco Leo Gaglioti. His film, Inside Amato, […]
Designer-to-the-stars Furne One, from the label Amato, rarely talks about his many achievements. Despite having found worldwide success dressing celebrities including Jennifer Lopez, Beyoncé and Katy Perry, the Dubai-based Filipino couturier’s reputation for being self-effacing precedes him. Seeking to shine a light on his talent is Los Angeles film producer, and founder of the Fashion News Live (FNL) network, Rocco Leo Gaglioti. His film, Inside Amato, had […]
The war in Syria has subjected Turkey’s border regions to terrorist attacks and demographic upheaval on an historic scale, but on the face of it there’s a welcoming feeling to Samanda, a bustling town of 45,000 on the shores of the eastern Mediterranean. On a wall by the town’s beachside boardwalk, graffiti proclaims how “Syrians are our brothers”, a sentiment in sharp contrast to the burning of refugees’ […]
By Joseph Menn The U.S. agency charged with ensuring that voting machines meet security standards was itself penetrated by a hacker after the November elections, according to a security firm working with law enforcement on the matter. The security firm, Recorded Future, was monitoring underground electronic markets where hackers buy and sell wares and discovered someone offering log-on credentials for access to computers at the U.S. Election […]
By Leonardo Goy | SALGUEIRO, Brazil SALGUEIRO, Brazil The rusting tracks of Brazil’s Transnordestina railway peter out and give way to a dirt trail in a remote corner of the country’s arid northeast, far from the ports or farms it was meant to serve. No trains run on these tracks and the cleared path for one of Brazil’s most ambitious infrastructure projects is used only by local […]
WASHINGTON — The Obama administration has deepened its rift with its Gulf allies over the ongoing conflict in Yemen, blocking a transfer of precision munitions to Saudi Arabia because of concerns about civilian casualties that administration officials attribute to poor targeting. Administration officials said on Tuesday that the White House had made the decision to block the sale by Raytheon of about 16,000 guided munitions kits, which […]
A court in Denmark has barred Apple from using a refurbished iPhone as replacement for a device that it fails to repair. Danish customers are, therefore, entitled to a new handset if they exchange a faulty iPhone that is still covered by Apple warranty. New vs. Refurbished iPhone Replacement The ruling is based on a complaint filed by David Lysgaard, who returned a damaged iPhone 4 in […]
MIAMI – The government of Panama, anxious to show the financial world that it is engaged in meaningful reform, has announced that it is adopting the recommendations of the controversial independent committee that was hastily formed as a counter to the national reputational damage inflicted by the Panama Papers documents leak. However, the two non-Panamanian members of the committee resigned, charging that the project was flawed from […]
The recent deal to keep Carrier jobs in the United States is not at all unusual. It only received so much press because Trump made it a campaign issue and saw an opportunity to record a big early PR victory before he even took office. Government and corporations cooperate, negotiate deals, scratch each others backs, kickback ill-gotten gains, and function as a career advancement funnel for corrupt […]
By Edward McAllister | BANJUL BANJUL Gambia’s President Yahya Jammeh, who initially accepted his defeat in a Dec. 1 election before making a dramatic about-face, will challenge the poll result before the Supreme Court, the ruling party said in a statement. His loss to opposition candidate Adama Barrow, announced by the elections commission last week and followed by his rapid concession, had sparked hope for change in […]
Patience and preparation are the key to a great deal. Buying a new PC or Mac is a major purchase, potentially costing $1500 or more. Top-of-the-line new designs like the Microsoft Surface Book and Apple’s MacBook Pro (2016) can easily approach a $3000 list price. But you don’t have to pay that sticker price. With a little preparation and some patience, you can save 30, 40, even […]
Two leading Netgear routers are vulnerable to a severe security flaw. (Image: Netgear) An advisory posted on Friday in Carnegie Mellon University’s public vulnerability database (CERT) said that Netgear’s R7000 and R6400 routers, running current and recent firmware respectively, are vulnerable to an arbitrary command injection flaw. If exploited, the vulnerability could let an unauthenticated attacker run commands with root privileges. The code to exploit the vulnerability […]
An upcoming deadline for a major derivatives market reform is “unrealistic” and authorities should consider whether the asset managers and banks most affected are ready, a top US regulator has warned. Christopher Giancarlo, the sole Republican of the three commissioners at the Commodity Futures Trading Commission, on Friday called on counterparts to prevent new rules due on March 1 from disrupting the global swaps market. His remarks, […]
Sony Researchers have discovered backdoors in Sony IPELA Engine IP cameras which could affect as many as 80 models. Cybersecurity firm SEC Consult said on Wednesday that the security flaw allows attackers to remotely execute code, hijack vulnerable cameras, disrupt device functionality, and spy on users. In addition, the backdoor grants attackers the opportunity to add compromised Sony IP cameras to botnets as slave nodes, in the […]
This article by David Haggith was published first on The Great Recession Blog: I risked losing my fellow anti-establishment readers in September by suggesting Trump may be an establishment Trojan horse. After seeing Trump choose Pence as VP and a Goldman Sachs exec as campaign finance manager, I was concerned the establishment knew a citizen’s revolt was brewing and made sure that even the road to revolt led back to […]
The 2016 edition of the Samsung Galaxy A5, released in January of this year, received a patch in early November to fix a critical security issue. Samsung did not disclose any specific details regarding the issue that the November update solved, perhaps to ward off attackers from looking for similar exploits. Unfortunately, it seems that there are more of such vulnerabilities in the Galaxy A5, as Samsung […]
An ice storm, an email suggesting regime change and the mechanics of thinly traded futures markets have emerged as central points of contention in the market manipulation trial of one of the world’s biggest traders in financial derivatives. Donald Wilson and DRW, the trading group he leads from Chicago, are fighting civil charges they distorted the price of an interest rate futures contract. They went on trial […]
Pérez made it clear that Benítez was safe as long as he picked what the president felt was his strongest team: an adventurous lineup that included the Colombian midfielder James Rodríguez. Such a selection ran against Benítez’s cautious instincts. He would have preferred the more defensively minded Brazilian Casemiro as a bulwark against Barcelona’s formidable attack, but eventually Benítez relented. Continue reading the main story Rodríguez started; […]
Image: Getty Images/iStockphoto Neural networks, machine-learning systems, predictive analytics, speech recognition, natural-language understanding and other components of what’s broadly defined as ‘artificial intelligence’ (AI) are currently undergoing a boom: research is progressing apace, media attention is at an all-time high, and organisations are increasingly implementing AI solutions in pursuit of automation-driven efficiencies. The first thing to establish is what we’re not talking about, which is human-level AI […]
Now the hard work begins. The supply agreement agreed by Opec on Wednesday sent oil prices soaring above $50 a barrel but there are many reasons for caution, not least in making sure no one cheats and producers from outside the cartel also contribute. While the deal looks straightforward, it is anything but and the devil is in the detail. The conference documents released on Wednesday evening […]
While this should come as a shock to precisely no one other than some disaffected Hillary supporters who were hoping for a miracle, Jill Stein’s request for a full “hand recount” in the state of Wisconsin has officially been denied by Dane County Circuit Judge Valerie Bailey-Rihn. According to the StarTribune, the request was denied after the judge found that Stein failed to show any mistakes or […]
Salvatore Ferragamo is often mistaken for his iconic fashion designer grandfather and founder of the Salvatore Ferragamo fashion brand, who became known after his shoes because a must-have in Hollywood for actresses such as Katherine Hepburn and Marilyn Monroe. Eighty-nine years later, Ferragamo’s grandson is nowhere near the fashion house. Instead, he heads the family’s $680m hospitality estate in Tuscany, Il Borro. The 700 hectares historic hillside […]
