Friday, July 30, 2021
Apple biggest iPhone assembly partner is expecting a rough year in 2019. Foxconn Technology Group issued an internal company memo, saying that it plans to cut 20 billion yuan ($2.9 billion) from its expenses in 2019, Bloomberg is reporting. The memo says Foxconn’s decision is the result of company forecasts predicting “a very difficult and…
Payment card skimming that steals consumers’ personal information from e-commerce sites has become a booming industry over the past six months, with high-profile attacks against Ticketmaster, British Airways, Newegg, and Alex Jones’ InfoWars, to name just a few. In a sign of the times, security researcher Jérôme Segura found two competing groups going head to head…
Facebook's advertising platform is suffering from a major outage. The company's Ads Manager, its tool that lets users create advertisements on its social network, has crashed, leaving would-be advertisers unable to create new ad campaigns just days before Thanksgiving and crucial Black Friday sales. The outage is unusual in its duration; as of this writing,…
Image copyright Getty Images Image caption Carlos Ghosn is head of the Alliance, which includes Nissan, Renault and Mitsubishi Nissan chairman Carlos Ghosn has been arrested over claims of financial misconduct, the carmaker has said.Mr Ghosn, a towering figure in the car industry, will be sacked from the Japanese firm after a board meeting on…
SINGAPORE (Reuters) - U.S. President Donald Trump didn’t make it to this week’s summit of Asian nations in Singapore, but his influence was still keenly felt among the leaders who gathered in the city. U.S. President Donald Trump points to the crowd after delivering remarks at an event for "supporting veterans and military families" at…
AFTER WHAT had seemed an endless period of delay and crunches evaded, this week Theresa May at last presented a draft Brexit deal agreed by negotiators in Brussels. The prime minister steered it through a lengthy cabinet meeting on November 14th. Yet the following morning her own Brexit secretary, Dominic Raab, quit in protest. Others…
THE OIL PRICE was supposed to be soaring around now. With American sanctions against Iran taking effect earlier this month, exports from Iran, the world’s fourth-largest producer of crude oil last year, were expected to shrink to close to zero. In anticipation the oil price went above $86 in early October, a four-year-high, and some…
Image copyright HoC The UK is "significantly closer" to delivering on the result of the Brexit vote, Theresa May has told MPs.She told the Commons it would give the UK control of borders, laws and money - and also protect business and jobs. The PM is now in a crucial cabinet meeting where she is…
THE FATE of the euro was always going to depend on Italy. With annual GDP of more than €1.6trn ($1.9trn), about 15% of euro-area output and debt of nearly €2.3trn, it poses a challenge to the single currency that Europe seems unable to manage but cannot avoid. Matters are now coming to a head, as…
SINGAPORE (Reuters) - Singapore Prime Minister Lee Hsien Loong called on Monday for greater integration between Southeast Asian countries at a time when multilateralism is under threat. Singapore's Prime Minister Lee Hsien Loong speaks at the ASEAN Business and Investment Summit in Singapore, November 12, 2018. REUTERS/Athit Perawongmetha His remarks came at a business summit…