These tiny microbes are munching away at plastic waste in the ocean
Plastic makes up nearly 70% of all ocean litter, putting countless aquatic species at risk. But there is a tiny bit of hope—a teeny, tiny one to be precise: Scientists have discovered that microscopic marine microbes are eating away at the plastic, causing trash to slowly break down. To conduct the study, researchers collected weathered plastic from two different beaches...
Tel Aviv Tests Digital Currency to Boost Its Economy
EARLIER THIS MONTH, officials in Tel Aviv, the tech startup hub in Israel and the city with one of the highest concentrations of tech startups in the world, announced it will pilot a digital currency project to help local businesses and low-income communities. By doing so, it became the latest city around the world to announce digital currency-based projects...
The EU Agrees on Rules to Punish Cyberattackers
IN AN AGE WHERE cybersecurity threats are an increasing worry, the European Council is pushing a plan to better respond to cyberthreats. The Council adopted on May 17 a framework for targeted sanctions in order to respond to and deter cyberattacks on the European Union and its member states. "The EU recognises that cyberspace offers significant opportunities, but also presents...
Top U.S. Tech Companies Begin to Cut Off Vital Huawei Supplies
The impact of the Trump administration’s threats to choke Huawei Technologies Co. reverberated across the global supply chain on Monday, hitting some of the biggest component-makers. Chipmakers including Intel Corp., Qualcomm Inc., Xilinx Inc. and Broadcom Inc. have told their employees they will not supply Huawei until further notice, according to people familiar with their actions. Alphabet Inc.’s Google cut...
Authorities Dismantle Transnational Cybercrime Group
An international cybercrime network that tried to steal an estimated $100 million has been taken down in a coordinated multinational effort. Prosecutors and law enforcement officials from the United States and Europe, speaking at a news conference on Thursday in The Hague, say that criminals used malware to infect tens of thousands of computers worldwide, capturing online banking credentials from...
Germany to return 500-year-old monument to Namibia
Germany is set to return a 15th Century artifact it took from Namibia known as the Stone Cross. Minister of State for Media and Culture Monica Gruetters on Friday said the gesture showed that Germany was committed to accounting for its colonial past. "A clear signal that we are committed to reappraising the colonial past," Gruetters said at a press conference announcing...
US-China trade war worries caused analysts to bail on these stocks
The ramifications of the U.S.-China trade war are being felt far and wide. Now, the dispute is causing Wall Street analysts to take drastic measures and remove their buy ratings on stocks in their coverage universes. Companies feeling the heat cover a wide range of sectors and it appears almost no one is being spared. They include stocks like Owens Corning, American...
Trump’s Huawei ban spooks allies, industry
To see a graphic about Huawei’s revenue across the world, view this article in your browser. Donald Trump's plan to isolate Huawei on the world stage is going down like a lead balloon. While a series of measures announced this week aimed to ramp up pressure on U.S. allies to shun the Chinese telecom giant, none of them are so far rushing to follow...
U.S. Will Lift Tariffs On Steel And Aluminum From Canada And Mexico
The Trump administration has reached a deal to lift tariffs on steel and aluminum imports from Canada and Mexico, in a move that could put the three nations a step closer to ratifying the USMCA trade deal that would replace NAFTA. The tariffs will be lifted within two days, according to a joint U.S.-Canada statementposted by Canada's foreign ministry. The U.S. tariffs...
US STOCKS-Wall St falls after China’s tough talk on trade
* Pinterest plummets after 2019 revenue forecast disappoints * Trade war will only make us stronger - China newspaper * Under Armour gains after JPM upgrades to "overweight" * Indexes down: Dow 0.35%, S&P 0.40%, Nasdaq 0.47% (Updates to open) By Amy Caren Daniel May 17 (Reuters) - U.S. stocks slipped on Friday, after three straight sessions of gains, as trade tensions were renewed...
