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Big Tech faces broad U.S. Justice Department antitrust probe

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WASHINGTON (Reuters) – The U.S. Justice Department said on Tuesday it was opening a broad investigation of major digital technology firms into whether they engage in anticompetitive practices, the strongest sign the Trump administration is stepping up its scrutiny of Big Tech. FILE PHOTO: The logos of Amazon, Apple, Facebook and Google are seen in Read More

A year since Greece’s deadliest wildfire, wounds remain open

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MATI, Greece (Reuters) – A year since Greece’s deadliest wildfire tore through coastal towns near Athens, killing 102 people, the road to normalcy for its survivors is long and dotted with burned down homes and barren land. A combination picture shows a burnt tree at the seaside following a wildfire that killed 102 people in Read More

Toshiba Memory sees ‘good chance’ of M&A in push for data center business

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TOKYO (Reuters) – Japan’s Toshiba Memory said there was a “good chance” of acquisitions as it pushes to increase its share of the market for advanced storage products used in data centers. FILE PHOTO: Toshiba’s flash memory factory is pictured during a media tour in Yokkaichi, western Japan September 9, 2014. REUTERS/Reiji Murai/File Photo Toshiba Read More

Japan-South Korea gloom spurs worries of ‘never seen before’ chip price spike

6 days ago DieselGasoil Comments Off on Japan-South Korea gloom spurs worries of ‘never seen before’ chip price spike
SEOUL (Reuters) – Memory chip spot prices have risen for the first time this year, indicating grim warnings of “never seen before” spikes and a supply disruption could come to pass as a dispute between South Korea and Japan drags on. FILE PHOTO: Memory chip parts of U.S. memory chip maker MicronTechnology are pictured at Read More

Floods worsen in India’s northeast; rare rhinos in danger

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GUWAHATI, INDIA (Reuters) – Floods in northeast India worsened on Tuesday with incessant rain swelling already raging rivers, inundating villages and a rhinoceros sanctuary as 1,000 soldiers were deployed to rescue people fleeing the rising waters. Villagers are transported on a boat towards a safer place at a flooded village in Nagaon district, in the Read More

Balyasny gains in first half after losses prompted reorganization in 2018

1 week ago DieselGasoil Comments Off on Balyasny gains in first half after losses prompted reorganization in 2018
BOSTON (Reuters) – Balyasny Asset Management, a Chicago-based hedge fund that shed $4 billion in assets last year and cut 20% of its staff, was back in positive territory for the first half of this year, suggesting its massive overhaul might be paying off, analysts said. FILE PHOTO: Dmitry Balyasny, Managing Partner and Chief Investment Read More

‘Absolute monster bluffer’: Poker AI smashes elite human players after 8 days of training

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The list of things that AI can do better than us mere humans has a new addition: bluffing in a Texas Hold ’em poker game. And it was amazingly cheap to train and operate, unlike some previous algorithmic champion players. Human players simply didn’t stand a chance against Pluribus, an AI system developed by researchers Read More

‘Insult to all who fought Nazis’: Russia blasts Estonia for plans to restore SS soldier monument

2 weeks ago DieselGasoil Comments Off on ‘Insult to all who fought Nazis’: Russia blasts Estonia for plans to restore SS soldier monument
Estonia’s plans to bring back a monument to a soldier dressed in Waffen SS uniform is a provocation and affront to the memory of those who died fighting the Nazis, the Russian Embassy has said. The stela with a bronze bas-relief depicts an armed trooper in Nazi gear, and a tablet reading: “To Estonian men Read More

Japan export curbs could be prolonged, says South Korea’s Moon

2 weeks ago DieselGasoil Comments Off on Japan export curbs could be prolonged, says South Korea’s Moon
South Korean President Moon Jae-in speaks during a meeting with executives from South Korea’s top 30 conglomerates at the Presidential Blue House in Seoul, South Korea, July 10, 2019. Yonhap via REUTERS SEOUL (Reuters) – South Korea’s president said on Wednesday Japan’s export curbs on key materials used by South Korean technology firms could be Read More

Harrowing VIDEO shows missing Himalayan climbers’ final moments

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The Indo-Tibetan Border Police have released GoPro footage showing the final moments of a group of climbers who went missing in the Himalayas in May following a presumed avalanche. The group of four Britons, two Americans, an Australian and an Indian tour guide were attempting to climb the Himalayas’ second-highest peak, Nanda Devi, on May Read More