Category: Business

US Air Force Launches Two Electronic Warfare Detachments

The US Air Force (USAF) has launched two new detachments at Robins Air Force Base in Georgia to bolster the force’s electronic warfare capability. Detachments from the 350th Spectrum Warfare Wing (SWW) and the 87th Electronic Warfare Squadron (EWS) will be tasked with responding to electronic threats by developing new countermeasures. The launch is part of the standup process for the future 950th Spectrum Warfare Group, which will further assess the USAF’s combat readiness and effectiveness in electronic warfare. Two…

Pakistan International Airlines on verge of shutdown as 537 flights cancelled in 11 days due to the unavailability of fuel

ISLAMABAD (PAKISTAN): Pakistan International Airlines (PIA) is on the verge of a shutdown as it cancelled over 500 flights in the past 11 days due to the unavailability of fuel, ARY News reported. ARY News is a Pakistani news channel. PIA is facing its worst crisis in history as Pakistan State Oil (PSO) has cut its fuel supply over unpaid dues. The move forced the airline to cancel 537 flights since October 13. On Thursday, as many as 49 domestic…

US Strikes Two Sites Used by Iranian Forces in Syria: Pentagon

  The US military struck two facilities in eastern Syria used by Iran’s Islamic Revolutionary Guard Corps (IRGC) and affiliated groups, Defense Secretary Lloyd Austin said Thursday. “The precision self-defense strikes are a response to a series of ongoing and mostly unsuccessful attacks against US personnel in Iraq and Syria by Iranian-backed militia groups that began on October 17,” he said in a statement. One US citizen contractor died from a cardiac incident during the attacks, and 21 US military…

Millions of American families struggle to get food on the table, report finds

Just putting three meals a day on the table was a struggle for millions of people in the U.S. last year. That’s the sobering conclusion of a new report from the U.S. Department of Agriculture, which found hunger in the U.S. rose sharply in 2022. The report found that 44.2 million people lived in households that had difficulty getting enough food to feed everyone in 2022, up from 33.8 million people the year prior. Those families include more than 13…

Resignation of UK Tesco supermarket chain boss

The chief executive of Tesco UK is to step down after six years leading Britain’s biggest supermarket chain. Jason Tarry said he felt it was the “right time for me to move on” and revealed he would leave his post in March 2024. He will be replaced by former Aldi UK and Ireland chief executive Matthew Barnes. Mr Tarry has worked for Tesco for 33 years. He joined the firm on a graduate recruitment scheme in 1990 and worked his…

Bond markets are being hit hard — and it’s likely to impact you

There is a sharp sell-off in the bond market, and it has big implications on both the economy and people’s pocketbooks. Yields on U.S. government bonds, especially the 10-year Treasury note, determine the interest rates that people pay on a lot of their debt, including mortgages and credit cards. And a key bond yield hasn’t been this high since 2007. Several factors are driving the sell-off, including stronger-than-expected economic data and the government’s worsening finances. Here is what you need…

US Broadly Eases Venezuela Oil Sanctions After Election Deal

WASHINGTON — The Biden administration on Wednesday broadly eased sanctions on Venezuela’s oil sector in response to a deal reached between the government and opposition parties for the 2024 election – the most extensive rollback of Trump-era restrictions on Caracas. A new general license issued by the U.S. Treasury Department authorized OPEC member Venezuela, which had been under crushing sanctions since 2019, to produce and export oil to its chosen markets for the next six months without limitation. U.S. Secretary…

What Google’s antitrust trial means for search

If government regulators prevail against Google in the biggest U.S. antitrust trial in a quarter century, it’s likely to unleash drastic changes that will undermine the dominance of a search engine that defines the internet for billions of people. As the 10-week trial probing Google’s business practices nears its midway point, it’s still too early to tell if U.S. District Judge Amit Mehta will side with the Justice Department and try to handcuff one of the world’s most dominant tech…

EU is formally investigating X over content about the Israel-Hamas war

As a ‘very large platform’ under the EU’s new Digital Services Act, X is required to respond by next week and could face massive penalties. The European Union (EU) has formally opened an investigation into X, the platform previously known as Twitter, to ensure it’s complying with the Digital Services Act (DSA) following Hamas’ attack on Israel in early October and subsequent Israeli air assault on Gaza. According to the request, this comes after “indications received by the Commission services…

Three Palestinians injured as Israeli occupation forces storm Jenin

Occupied Jerusalem, SANA- Three Palestinians were injured, on Thursday at dawn, as the Israeli occupation forces stormed Jenin city of the West Bank. Wafa News Agency stated the occupation forces raided Jenin city and opened fire on the Palestinians, wounding three young men while dozens suffered suffocation, in addition to arresting five others. The occupation forces also broke into Jericho city, Ain Sultan and Aqaba Jabr camps and arrested four young men, including two released prisoners. Since last Saturday, 28…

Hollywood and Netflix Flag ‘Priority’ Piracy Threats

Over the past two decades, online piracy has proven a massive challenge for the entertainment industries. It’s a global issue that’s hard to contain, but various anti-piracy group are doing their best to fight back. There’s a seemingly perpetual stream of takedowns, as evidenced by press releases that come out every week. However, some targets are particularly resistant to enforcement action and much harder to take offline. A few days ago, the Motion Picture Association (MPA) submitted an overview of…

Microsoft: State hackers exploiting Confluence zero-day since September

  Microsoft says a Chinese-backed threat group tracked as ‘Storm-0062’ (aka DarkShadow or Oro0lxy) has been exploiting a critical privilege escalation zero-day in the Atlassian Confluence Data Center and Server since September 14, 2023. Atlassian had already notified customers about the active exploitation status of CVE-2023-22515 when it disclosed it on October 4, 2023. Still, the company withheld specific details on the threat groups leveraging the vulnerability in the wild. Today, Microsoft Threat Intelligence analysts shared more information about Storm-0062’s involvement in…

Germany to send Ukraine $1B in air defense tech, plus more tanks

  PARIS — Germany will send about €1 billion (U.S. $1.1 billion) worth of air defense systems to Ukraine as part of a second “winter package” for the embattled country, the German Defence Ministry said in a statement Tuesday. The support will include a Patriot air defense system and two IRIS-T surface-to-air systems, as well as 10 more Leopard 1 A5 main battle tanks, three Gepard anti-aircraft guns, armored trucks and ambulances, in addition to more than €20 million in…

US Army Tests Military Version of Elon Musk’s ‘Starlink’ Comms Network

  The US Army has announced the successful trial of a military version of Elon Musk’s “Starlink” communications network. Called the “Starshield,” the technology utilizes low Earth orbit satellites to create a more secure network for soldiers. It will serve as a “redundant” or backup system in case the service’s main communications system gets jammed by enemies. “We’ve done some testing with it at home station, and all of our systems worked flawlessly over the backbones that it provides,” 5th…

Amazon sellers say they made a good living — until Amazon figured it out

Suavecito was the first product that Douglas Mrdeza listed to sell on Amazon back in 2014. He had ordered a bit too much of the specialty hair pomade for his barbershop in East Lansing, Michigan. He wanted to see whether he could offload some online. It sold out. So, he ordered more. This time he paid Amazon some extra money to use its warehouse storage and shipping service. “I did the calculation, bought what would have sold in a month…

Popular “AI Hub” Discord Taken Down Following Copyright Complaints

In just a few months, “AI Hub” became a massively popular Discord server with over half a million members. While copyright infringement was strictly forbidden, not all users stuck to the rules. This previously raised the attention of the RIAA, and now appears to have caused the server’s downfall after it was suddenly shut down. Artificial intelligence is booming. Dozens of companies are enthusiastic about its potential and many regular people are tinkering with it too. The ‘AI Hub’ Discord…