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Micron says some Huawei shipments resumed, shares rise

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(Reuters) – Micron Technology Inc said it had resumed some microchip shipments to Huawei Technologies Co Ltd and still expects demand for its chips to recover later this year, sending shares up as much as 10% late on Tuesday. FILE PHOTO: Memory chip parts of U.S. memory chip maker MicronTechnology are pictured at their booth Read More

Exclusive: Investors with $34 trillion demand urgent climate change action

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LONDON (Reuters) – Investors managing more than $34 trillion in assets, nearly half the world’s invested capital, are demanding urgent action from governments on climate change, piling pressure on leaders of the world’s 20 biggest economies meeting this week. FILE PHOTO: A commuter walks along Waterloo Bridge, which is being blocked by climate change activists, Read More

UPS will not join FedEx lawsuit against U.S. government

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(Reuters) – United Parcel Service Inc said on Tuesday it would not join a lawsuit FedEx Corp filed against the U.S. government that argues FedEx should not be held liable if it inadvertently shipped products in violation of an export ban. FILE PHOTO: The logo of United Parcel Service is seen at the new package Read More

Exclusive: In a world first, Facebook to give data on hate speech suspects to French courts

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PARIS (Reuters) – In a world first, Facebook has agreed to hand over the identification data of French users suspected of hate speech on its platform to judges, France’s minister for digital affairs Cedric O said on Tuesday. O, whose father is South Korean, is one of French President Emmanuel Macron’s earliest followers, and has Read More

Wall Street sinks as hopes fade for rate cuts, trade progress

4 hours ago DieselGasoil Comments Off on Wall Street sinks as hopes fade for rate cuts, trade progress
NEW YORK (Reuters) – Wall Street stock indexes fell on Tuesday, led by a sharp selloff in technology shares, as simmering trade concerns and disappointing economic data sent buyers to the sidelines, while the Federal Reserve chairman pushed back on pressure from President Donald Trump to cut interest rates. FILE PHOTO: Traders work on the Read More

Wall Street drops on trade worries, Fed Chair Powell’s speech

6 hours ago DieselGasoil Comments Off on Wall Street drops on trade worries, Fed Chair Powell’s speech
NEW YORK (Reuters) – Wall Street lost ground on Tuesday as simmering trade concerns, combined with disappointing economic data, sent buyers to the sidelines, where they remained after Federal Reserve Chair Jerome Powell pushed back on pressure from President Donald Trump to cut rates. FILE PHOTO: Traders work on the floor at the New York Read More

Trapped in simulation: Can computer models replace real testing of passenger aircraft?

7 hours ago DieselGasoil Comments Off on Trapped in simulation: Can computer models replace real testing of passenger aircraft?
“It was safe in theory, get in,” are not the words you want to hear while boarding a flight. As Boeing reportedly seeks to reduce real-life testing of its planes, experts doubt that this approach will ever replace genuine tests. The US aircraft manufacturer Boeing appears to have some far reaching plans on reducing actual Read More

Facebook: Nick Clegg says ‘no evidence’ of Russian interference in Brexit vote

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There is “absolutely no evidence” Russia influenced the Brexit result using Facebook, the company’s vice-president, Sir Nick Clegg, has said. The former deputy PM told the BBC the company had carried out analyses of its data and found no “significant attempt” by outside forces to sway the vote. Instead, he argued that “the roots to Read More

Hackers hit global telcos in espionage campaign: cyber research firm

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TEL AVIV (Reuters) – Hackers have broken into the systems of more than a dozen global telecoms companies and taken large amounts of personal and corporate data, researchers from a cyber security company said on Tuesday, identifying links to previous Chinese cyber-espionage campaigns. FILE PHOTO: A man holds a laptop computer as cyber code is Read More

Airports begin to fight back against rogue drones with anti-incursion systems

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It’s the first rule of drone ownership: no flying near an airport. But some people either don’t care or use drones to intentionally disrupt airport operations. Last December, drone sightings at London’s Gatwick Airport forced a three-day shutdown, and canceled flights left thousands of stranded passengers scrambling. No one has been arrested in the case, Read More