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| China’s “unreliable entity” list is dangerous |
9/22/2020 |
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Companies that end up on the list could be banned from importing or exporting from China, and may be barred from investing in the country. Other measures include imposing fines, entry restrictions on employees into China and revoking their work or residence permits.
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| U.S. Customs seized $400k worth of fake Apple earbuds |
9/22/2020 |
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According to s statement Customs provided to WIRED, “a CBP Import Specialist determined that the subject earbuds appeared to violate Apple’s configuration trademark. CBP’s seizure of the earbuds in question is unrelated to the images or language on the box.
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| Nikola found lying on capability of hydrogen-powered truck |
9/22/2020 |
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The company said late Sunday that Trevor Milton resigned and the departing executive chairman said he would defend himself against accusations that the company made false claims about its vehicles, allegations Nikola rejects.
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| More hacking charges are brought over to Iranian nationals |
9/21/2020 |
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U.S. District Court in Alexandria, Virginia, accuse a member of the Revolutionary Guard and two others of stealing the identities of individuals working in aerospace and satellite technology. The hackers would then use those identities to launch phishing campaigns on the tech workers' peers in order to launch malware and commandeer sensitive data and intellectual property.
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| Amazon is planning to open 1,000 small Suburban delivery hubs |
9/21/2020 |
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The distribution and sortation facilities will eventually number around 1,500, with the overall goal of bringing products ever closer to customers and helping the e-commerce giant ensure next-day or same-day delivery to as much of the country as possible.
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| U.S. bring charges to 5 Chinese hackers |
9/18/2020 |
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The Justice Department also announced that it had seized hundreds of accounts, servers and domain names used by the defendants and that it had worked with Microsoft and other private sector companies to deny the hackers continued access to tools, accounts and hacking infrastructure.
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| Raytheon seeks $2 billion cut to conserve cash |
9/18/2020 |
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Raytheon Technologies Corp. plans to eliminate more than 15,000 jobs this year. The job cuts at the Waltham, Massachusetts-based company are nearly double the total it initially announced in July.
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| Apple introduced a cheaper version of its smartwatch |
9/17/2020 |
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The new discount model, called the Apple Watch SE, will sell for $279 and be available beginning Friday. The price is a markdown from the $399 that Apple is asking for the next version of its higher end watch.
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| U.S. industrial production slow to regain |
9/16/2020 |
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U.S. industrial production slowed to a modest increase of 0.4% in August, far weaker than the strong bounce back recorded in previous months when factories were coming back to life.
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| What is Oracle buying TikTok for ? |
9/16/2020 |
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Oracle is known for providing enterprise software including cloud computing services. So it could provide cloud services such as storing TikTok’s data in the U.S., or computing services for the app.
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| Walmart teams up with a company called Zipline to launch drone delivery program |
9/16/2020 |
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Zipline, founded in 2014, has the world's largest drone delivery network and began operating in late 2016 in Rwanda primarily focusing on-demand delivery of medical supplies. The California company has now delivered more than 200,0000 medical items to thousands of health facilities in numerous countries.
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| Tesla to replace robots with giant size casting machine |
9/16/2020 |
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This week, a person familiar with the plans for Tesla’s factory in Germany told Retuers that the new “Gigapress” represents a move toward assembling cars from just a handful of large modules rather than many different parts.
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| Amazon to hire additional 100,000 people |
9/15/2020 |
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The company already had to hire 175,000 people earlier this year to keep up with the rush of orders, and last week said it had 33,000 corporate and tech jobs it needed to fill.
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| TikTok to partner with Oracle instead of Microsoft |
9/15/2020 |
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Oracle co-founder Larry Ellison is unusual among tech executives for his public support of Trump, hosting a fundraiser for him in February at his Rancho Mirage, California, estate. The company also hired a former top aide to Vice President Mike Pence; its CEO, Safra Catz, also served on Trump’s transition team.
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