Archive for the 'Economy' Category

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California: Glyphosate Will Be Added to List of Chemicals Known to Cause Cancer

June 27th, 2017

Via: Reuters: Glyphosate, an herbicide and the active ingredient in Monsanto Co’s (MON.N) popular Roundup weed killer, will be added to California’s list of chemicals known to cause cancer effective July 7, the state’s Office of Environmental Health Hazard Assessment (OEHHA) said on Monday. Monsanto vowed to continue its legal fight against the designation, required […]

MAERSK: IT SYSTEMS DOWN DUE TO CYBER ATTACK

June 27th, 2017

Via: Twitter: UPDATE 15:00 CEST pic.twitter.com/L5pBYvNQd3 — Maersk (@Maersk) June 27, 2017

New Cyber Attack Underway

June 27th, 2017

Via: Reuters: Russia’s top oil producer Rosneft (ROSN.MM) said a large-scale cyber attack hit its servers on Tuesday and computer systems at some banks and the main airport in neighboring Ukraine were also disrupted. A Moscow-based cyber security firm, Group-IB, said it appeared to be a coordinated attack simultaneously targeting victims in Russia and Ukraine. […]

Volkswagen Partners with Nvidia to Expand Its Use of AI Beyond Autonomous Vehicles

June 27th, 2017

Use AI to fire workers, in other words. Via: TechCrunch: Volkswagen is working with Nvidia to expand its usage of its artificial intelligence and deep learning technologies beyond autonomous vehicles and into other areas of business, the two companies revealed today. VW set up its Munich-based data lab in 2014. Last year it pushed on […]

Mark Zuckerberg: Facebook Can Play a Role that Churches and Little League Once Filled

June 27th, 2017

I’ll see you down at Reverend Wayne’s Pearly Gates. Via: CNBC: Mark Zuckerberg wants Facebook groups to play an important role that community groups like churches and Little League teams used to perform: Bringing communities together. And with nearly 2 billion people around the world on Facebook today, he might have a chance to make […]

EU Has Fined Google $2.7 Billion for Manipulating Search Results

June 27th, 2017

Via: Recode: The European Union slapped Google with a record-breaking $2.7 billion fine on Tuesday, charging that the U.S. tech giant had manipulated search results in a way that gives an “illegal advantage” to its own services while harming the company’s rivals. The punishment — announced at a press conference by Margrethe Vestager, the EU’s […]

Amazon Robots Poised to Revamp How Whole Foods Runs Warehouses

June 26th, 2017

Via: Bloomberg: In negotiations, Amazon spent a lot of time analyzing Whole Foods’ distribution technology, pointing to a possible way in which the company sees the most immediate opportunities to reduce costs, said a person familiar with the matter who asked not to be identified because the issue was private. Amazon, through a spokesman, declined […]

France to Ban All New Oil and Gas Exploration; Reduce Nuclear Power Use

June 24th, 2017

Via: Independent: France is to stop granting licences for oil and gas exploration as part of a transition towards environmentally-friendly energy being driven by Emmanuel Macron’s government. Nicolas Hulot, the “ecological transition” minister said a law would be passed in the autumn. “There will be no new exploration licences for hydrocarbons,” he told BFMTV. The […]

Google Will Stop Reading Your Emails for Gmail Ads

June 24th, 2017

Via: Bloomberg: Google is stopping one of the most controversial advertising formats: ads inside Gmail that scan users’ email contents. The decision didn’t come from Google’s ad team, but from its cloud unit, which is angling to sign up more corporate customers. Alphabet Inc.’s Google Cloud sells a package of office software, called G Suite, […]

How Just 14 People Make 500,000 Tons of Steel a Year in Austria

June 21st, 2017

Via: Bloomberg: The plant, a two-hour drive southwest of Vienna, will need just 14 employees to make 500,000 tons of robust steel wire a year—vs. as many as 1,000 in a mill with similar capacity built in the 1960s. Inside the facility, red-hot metal snakes its way along a 700-meter (2,297-foot) production line. Yet the […]

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