Category: Business
Intimidating Iran
The Iranian regime views its proxies as vital for its survival: they are fighting a long war of attrition to drive American troops from the Middle East and hobble America’s allies in Israel and the Gulf. Deterrence can only work if that perception changes.America’s struggle to deter Iran stems from deeper contradictions in its Middle
Rescinding $56 billion Elon Musk Tesla pay
Following years of legal argument, a week-long trial commenced in November 2022 where Tesla directors argued the huge pay award was designed to ensure that Mr Musk, one of the world’s most dynamic entrepreneurs, would continue to dedicate his attention to the company. Tesla shareholder Richard Tornetta felt the tycoon was being overpaid. Despite owning
FitBit Charge 5 update
Fitbit – which was founded in California – helped pioneer the fitness tracker market. It launched its first device in 2009, and has sold more than 120 million units worldwide since then. It was bought by Google in 2019 for $2.1bn (£1.66bn). But the wearable tech market has been challenged in recent years by the
Neuralink implanted wireless brain chip
Technology billionaire Elon Musk has claimed his Neuralink company has successfully implanted one of its wireless brain chips in a human. The company’s goal is to connect human brains to computers to help tackle complex neurological conditions. In a post on X, formerly Twitter, he said “promising” brain activity had been detected after the procedure
Polish president pardons two political prisons
Ministers Kaminski and Wasik were convicted of abuse of power for actions taken in 2007, when they served in an earlier PiS-led government. Duda pardoned them in 2015, though legal experts argued that such pardons are reserved for cases that have gone through the appeals process. Kaminski and Wasik, took refuge in the president’s palace
SIM swap on Sec X account request
In a Sim-swapping attack, typically a hacker will call a mobile phone operator claiming they have lost the phone they are targeting and need a new Sim card sent out to them. Sometimes, the hackers will go into a store in person to carry out the con. The Securities and Exchange Commission has confirmed the
Twitter Boss visits Auschwitz death camp
As a result of the fall-out over Mr Musk’s enthusiastic agreement with an antisemitic post, Apple, Disney and IBM paused ads on X. In response, the entrepreneur has accused advertisers of attempting to “blackmail” him with money, and used expletive filled language to express his disdain for their actions. Tech billionaire Elon Musk has visited
America and Iran step to real war
Iranian allies in Iraq and Syria have launched about 140 rocket and drone attacks against American troops since the start of the Gaza war. Perhaps the most severe came on January 20th, with a volley of “multiple ballistic missiles and rockets” fired at the Al Asad base in western Iraq.Patriot air-defence batteries intercepted most of
Viktor Orban call Vietnamese companies to invest in Hungary
Vietnamese Prime Minister Pham Minh Chinh said the size of Vietnam’s economy had surged 53-fold from US$8 billion in 1986 to $430 billion last year after years of war and trade embargoes.Its economy is stable and inflation has been under control in recent years despite global challenges,the Hungarian Prime Minister Viktor Orban has called on
Amazon takeover of iRobot
The takeover by Amazon had been seen as a boon for the firm, as it has struggled with sales declines. Amazon’s takeover of vacuum cleaner maker iRobot is set to be blocked by the European Union’s competition watchdog. The online giant moved to buy iRobot, maker of the Roomba cleaner, in August 2022 in a