Struck in 2016, the massive five-year agreement included a vow from Apple to boost the Chinese economy through investments and other business enterprises, according to a report by the Information on Tuesday, which is based on interviews with company insiders and Apple documents. The deal was said to have been …
Read More »Biden set to unfreeze Trump-era multi-billion F-35 deal
The Joe Biden administration remains “fully committed” to the $23 billion F-35 deal to the gulf state, Deputy Assistant Secretary of State for Regional Security Mira Resnick told the Associated Press on Tuesday, saying the sale would be a “game changer” for the Emiratis. “The F-35 is already in this …
Read More »Moon has enough oxygen for 8 billion people – scientist
In a piece penned this week in The Conversation, John Grant, a lecturer in soil science at Australia’s Southern Cross University explained that the Moon was heavy in minerals that bind tightly with oxygen. Grant claims that, even if one ignores the oxygen tied up in deep, hard rock, the …
Read More »Facebook SHUTTING DOWN controversial face recognition program, vows to delete over a BILLION templates
The decision comes as part of “a company-wide move to limit the use of facial recognition in our products,” Jerome Pesenti, Facebook’s VP of Artificial Intelligence, said on Tuesday. When the feature is discontinued, sometime “in the coming weeks,” more than a billion Facebook users who have opted in will have their …
Read More »Russia’s gold & foreign currency reserves rise by almost $5 BILLION in just one week
The regulator says the country’s international reserves rose by $4.9 billion from October 8, as a result of positive revaluation as well as foreign currency purchases within the budget rule. The holdings of monetary gold increased by 0.14% last month to 73.9 million ounces (2,298.547 tons) as of October 1, …
Read More »Scraped data of 1.5 BILLION Facebook users offered for sale on the dark web – reports
User IDs, real names, email addresses, phone numbers, and locations are among the data of more than 1.5 billion Facebook customers that’s up for sale, according to a report on the cybersecurity news outlet Privacy Affairs on Monday. The going price has been quoted as $5,000 for a million names. …
Read More »Zuckerberg loses OVER $6 BILLION as Facebook empire outage drags into HOURS
After mass complaints about the various platforms being down and users getting error messages, Facebook said it was working to resolve the issue. As the platforms have remained down for hours, more and more have piled onto Zuckerberg and gone to other social media apps that aren’t experiencing such issues, …
Read More »Semiconductor chip shortage to cost global automakers $210 billion this year – report
That’s almost double the company’s previous forecast, in May, of $110 billion. It had initially projected some $60.6 billion in lost revenues at the beginning of the year, when automakers started cutting production at plants. “Of course, everyone had hoped that the chip crisis would have abated more by now, …
Read More »US House passes bill allocating $1 BILLION to replenish Israel’s Iron Dome system after its battering during recent Gaza conflict
The bill was passed by 420 votes to 9 on Thursday, a day after the legislation was introduced. The measure needed a minimum of 260 votes to become law. The $1 billion in funding to replenish the reserves of the defense system was initially incorporated into a must-pass bill that …
Read More »US Justice Dept charges 138 in massive fraud schemes, including over $1.1 BILLION in telemedicine & Covid-19 scams
Taking full advantage of the US pivot to telemedicine during the coronavirus pandemic, 43 individuals have been charged with paying off doctors and nurses to order overpriced and unnecessary medical equipment and tests – all without actually meeting or in some cases even speaking to the “patients” the procedures were …
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