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Huawei’s U.S. research arm slashes more than 70% of workforce

1 hour ago DieselGasoil Comments Off on Huawei’s U.S. research arm slashes more than 70% of workforce
SANTA CLARA, Calif. (Reuters) – China’s Huawei Technologies Co Ltd said it is slashing more than 600 jobs at its Futurewei Technologies research arm in the United States after being placed on a trade blacklist by the U.S. government. Futurewei, which employed 850 people in the United States, began laying off workers on Monday, Reuters Read More

Equifax’s $700 million data breach settlement spurs criticism, calls for new rules

3 hours ago DieselGasoil Comments Off on Equifax’s $700 million data breach settlement spurs criticism, calls for new rules
WASHINGTON (Reuters) – Credit-reporting company Equifax Inc (EFX.N) will pay up to $700 million to settle claims it broke the law during a massive 2017 data breach and to repay harmed consumers, in a landmark settlement that was nonetheless criticized by consumer advocates and some lawmakers who called for stricter regulation. While it was the Read More

Huawei’s U.S. research arm sends workers packing

5 hours ago DieselGasoil Comments Off on Huawei’s U.S. research arm sends workers packing
SANTA CLARA, Calif. (Reuters) – Futurewei Technologies Inc, the U.S. research arm of China’s Huawei Technologies Co Ltd, began laying off workers on Monday, according to employees including one who spoke to Reuters as he left the company’s Silicon Valley campus. The Silicon Valley office of Huawei and its U.S. subsidiary Futurewei Technologies Inc. in Read More

Equifax’s $700 million data breach settlement spurs calls for new rules

8 hours ago DieselGasoil Comments Off on Equifax’s $700 million data breach settlement spurs calls for new rules
WASHINGTON (Reuters) – Credit-reporting company Equifax Inc (EFX.N) will pay up to $700 million to settle claims it broke the law with a massive 2017 data breach and to repay harmed consumers, in a landmark settlement that could spur new consumer data rules. The largest-ever settlement for a data breach draws to a close multiple Read More

Huawei’s U.S. research arm laying off workers

9 hours ago DieselGasoil Comments Off on Huawei’s U.S. research arm laying off workers
SANTA CLARA, Calif. (Reuters) – The U.S.-based research arm of China’s Huawei Technologies Co Ltd – Futurewei Technologies Inc – announced worker layoffs on Monday, according to two Futurewei employees. A Huawei company logo is pictured at the Shenzhen International Airport in Shenzhen, Guangdong province, China July 22, 2019. REUTERS/Aly Song The layoffs come about Read More

New shale technology detects completion problems, parent/child well interference

12 hours ago DieselGasoil Comments Off on New shale technology detects completion problems, parent/child well interference
7/22/2019 TOMBALL — Deep Imaging today announced the first and only real-time solution for tracking fluid as it’s pumped through the wellbore and out to the fracture tips during a completion job. As a result, upstream companies can validate models and successful stages while identifying, fixing or avoiding problem stages as they occur. U.S. industry Read More

Trump’s tariffs trip up the all-American RV industry

4 days ago DieselGasoil Comments Off on Trump’s tariffs trip up the all-American RV industry
ELKHART, Ind. (Reuters) – Carrie Gray points to a stack of unwelcome mail on a conference table at the offices of Renegade RV, one of the leading U.S. manufacturers of high-end recreational vehicles. She’s buried in bad news from most of her about 350 suppliers. An assembly line worker works on the production line at Read More

Amputee shocked to discover photo of his own leg on box of cigarettes

4 days ago DieselGasoil Comments Off on Amputee shocked to discover photo of his own leg on box of cigarettes
A man in eastern France made a discovery that knocked him back on his heels. A photo of his amputated leg was used, without permission, on a box of cigarettes to spread awareness of the dangers of smoking. He now wants answers. The photo appeared on packs of cigarettes sold throughout the European Union, and Read More

FEATURE: Canadian oil traders see IMO 2020 risk easing on demand, changing market

5 days ago DieselGasoil Comments Off on FEATURE: Canadian oil traders see IMO 2020 risk easing on demand, changing market
Houston — A surging differential for Western Canada’s benchmark heavy crude has traders and analysts wondering if predictions that tighter sulfur requirements for marine fuel will devalue the country’s oil assets are overblown. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now “Nobody is talking about IMO 2020 anymore,” one Read More