DIRS.INFO The most relevant business & tech news

☆ The US's biggest arms buyers are looking elsewhere for a next-generation fighter jet, but it won't be easy to find
▼ + stars: | 2023-06-26 | by ( Paul Iddon | ) www.businessinsider.com time to read: +8 min

But Washington has proved to be wary of selling those countries US-made stealth fighter jets. That leaves the Gulf states with various non-US options, which don't look all that promising — at least not any time soon. A prototype of Russia's Su-75 fighter jet at the MAKS-2021 air show outside Moscow in July 2021. AP Photo/Alexander ZemlianichenkoIn 2021, shortly after unveiling its Su-75 fighter, Russia offered to co-produce the jet, which is still in development, with the UAE. While China may eventually offer its FC-31/J-35 stealth fighter for export, it must first demonstrate the jet's effectiveness to attract serious buyers.

Persons: —, Sebastien Roblin, Chris Thornbury, Abraham, Abu Dhabi, FCAS, Roblin, Russia's Su, Alexander Zemlianichenko, Abu Dhabi's, Emily Hawthorne, RANE, Hawthorne, isn't, JOHANNES EISELE, Paul Iddon Organizations: Qatar —, Service, United Arab, —, US Air Force, Al Dhafra, Base, Staff, Abraham Accords, Reuters, AP, East, Korea's KF, Yonhap, Cooperation Council, KF, FC, Getty Locations: Saudi Arabia, UAE, Qatar, Washington, Gulf, United Arab Emirates, Chris Thornbury But Washington, Israel, Riyadh, British, France, Germany, Turkey, Moscow, Russia, Ukraine, Abu Dhabi, Russian, North Africa, Sacheon, South Korea, Seoul, Korea, Zhuhai, AFP, China

☆ Trump’s Candidacy: Evaluated by 11 Opinion Writers - The New York Times
▼ + stars: | 2023-06-12 | by ( New York Times Opinion | ) www.nytimes.com time to read: +1 min

As seriously as the winter wind, blowing in the same bare place, with the nothing that is not there and the nothing that is. There is no such thing as a safe race against Donald Trump. Nicole Hemmer If you haven’t learned to take Trump seriously as a candidate by now, nothing will convince you. But as the front-runner for the nomination and someone with a penchant for destroying democratic institutions, we should take his candidacy very, very seriously. Donald Trump leads his nearest rival by about 32 points.

Persons: Jane Coaston, Michelle Cottle, Ross Douthat, David French, Donald Trump, Michelle Goldberg, Biden, Trump, Nicole Hemmer, Jonathan Last, Barack Obama, Hillary Clinton Organizations: Republican, Trump

☆ BA, BBC and Boots caught up in file transfer hack
▼ + stars: | 2023-06-05 | by ( ) www.reuters.com time to read: +2 min

BA, the BBC and Boots said the breach occurred at their payroll provider, Zellis. The provincial government of Nova Scotia, in Canada, was also hit by the breach. The data from Zellis and the Nova Scotia government was exposed through their use of the MOVEit file transfer software, both organizations said in separate statements. The Nova Scotia government did not immediate return a request for comment. Boots, part of Walgreens Boots Alliance (WBA.O), said the attack had included some of its employees' personal details.

Persons: Boots, Zellis, Nova, Colton LeBlanc, MOVEit, extortionists, Raphael Satter, Sarah Young, Muvija, Eva Mathews, Paul Sandle, Bill Berkrot Organizations: British Airways, BBC, Nova, Security, Digital Solutions, IAG, Walgreens Boots Alliance, Progress Software, Microsoft, Reuters, Britain . British Airways, Thomson Locations: Nova Scotia, Canada, Zellis, Britain, Washington, London, Bengaluru

☆ Tea Party Tempest Divides Rural New Hampshire Town
▼ + stars: | 2023-05-22 | by ( E.B. Solomont | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/small-business-regulations-tea-party-silver-scones-newhampshire-b7b8edad

☆ With 'The Ferryman,' Justin Cronin explores a brave new dystopian world
▼ + stars: | 2023-05-07 | by ( Mike Calia | ) www.cnbc.com time to read: +7 min

"I didn't sit down and say to myself, 'I'm going to write another dystopia,'" Cronin told CNBC in an interview Tuesday at a bustling lower Manhattan diner. There was a very specific arrangement, military and political, that's no longer there. Some point I'm going to do something else. As a writer, you need to walk a lot of different streets, in a lot of different ways, to know this stuff. Even where political will is absent, even where there are strong disincentives to change, things come along and make it happen.

☆ Stephen King says he still owns a Tesla and admires Elon Musk, but paying $44 billion for 'a social media plaything' was ridiculous
▼ + stars: | 2023-04-28 | by ( Grace Kay | ) www.businessinsider.com time to read: +3 min

King has praised Tesla in the past, but he's been more critical of Musk in recent months. "$44 billion for what's essentially a social media plaything is a little bit on the ridiculous side," the author told Slate regarding Musk's Twitter purchase in an interview that was published on Friday. In the interview, King admitted that he owns a Tesla and he thinks it's a "great car." In 2019, King praised Musk for Tesla's "fart" feature and Musk thanked him for owning a Tesla. King told Slate he doesn't plan to leave Twitter anytime soon, but he's still averse to the idea of subscribing to Twitter Blue.

☆ Japan, Britain, Italy defence ministers to meet in Tokyo this week
▼ + stars: | 2023-03-14 | by ( ) www.reuters.com time to read: +1 min

TOKYO, March 14 (Reuters) - Britain and Italy's defence chiefs will visit Japan this week to hold meetings with their local counterpart, Defence Minister Yasukazu Hamada, Japan said on Tuesday. Hamada will host a trilateral meeting with British Defence Secretary Ben Wallace and Italian Defence Minister Guido Crosetto on Thursday, Japan's defence ministry said. He will also hold bilateral meetings with them. The three nations will discuss the jet fighter project, which marks Japan's first major industrial defence collaboration beyond the United States since World War Two. Reporting by Kaori Kaneko Editing by Chang-Ran KimOur Standards: The Thomson Reuters Trust Principles.

Ties which have often been rocky since Britain voted to leave the European Union in 2016 have been fortified by the countries' support for Ukraine since Russia's invasion. "The partnership the UK and France share runs deep," Sunak said on Twitter. "From tackling illegal migration to driving growth in our economies to defending our common security, when we work together we all benefit. The Times newspaper said he would announce Britain was providing funding to France to invest in police, security and intelligence. The payments were expected to exceed 200 million pounds over three years, the report said, citing unnamed sources.

Life has become solitary confinement.” Some women went into hiding, fearing retribution after the Taliban seized power. When the Taliban returned to power in Afghanistan in August 2021, women were among the most profoundly affected. A Wrenching Change Afifa, 47, wishes more Afghan men would fight for women’s rights KABUL, Afghanistan — Walk around the capital, Kabul, and it often feels as if women have been airbrushed out of the city. When the Taliban seized power, girls’ schools remained open in a kind of limbo — neither officially sanctioned nor forbidden — for months. Zubaida, 20, teaches high school girls in secret “Regimes come and go all the time in Afghanistan.

☆ Saudi, UK ministers agree to study combat air cooperation -Saudi agency
▼ + stars: | 2023-03-01 | by ( ) www.reuters.com time to read: +2 min

March 1 (Reuters) - Saudi and British defence ministers have agreed to study future co-operation on combat air capabilities and potential industrial projects, the Saudi state news agency reported. Saudi Defence Minister Prince Khalid bin Salman and British Defence Secretary Ben Wallace met in Riyadh on Wednesday and signed a "declaration of intent regarding the participation of the Kingdom of Saudi Arabia in the Future Air Capabilities Program (FCAS)", it said. FCAS is an acronym widely used for next-generation fighter projects known as Future Combat Air Systems, including the British-led Tempest programme which was recently expanded to include Japan under a new framework called Global Air Combat Programme. It said identifying industrial participation projects and joint research and development projects were also included. The British Defence ministry said the statement of intent signed in Riyadh would initiate a "Partnering Feasibility Study to explore how we can best position our decades long combat air relationship for the future".

☆ The new Bing may not be the game-changer Microsoft wanted it to be, but it's still lit a fire under Google
▼ + stars: | 2023-02-18 | by ( Matt Weinberger | ) www.businessinsider.com time to read: +4 min

Users have had creepy, unsettling exchanges with Bing, resulting in Microsoft limiting some features. Win or lose, though, Microsoft Bing has successfully pushed Google towards much-needed innovation. Microsoft CEO Satya Nadella was not shy about his intent to use the OpenAI partnership as a way to make Google "dance." As I heard someone say this week, Microsoft seems to be speed-running the Gartner hype cycle. It's hard not to feel like Google search has fallen far from its beginnings at what was the most useful, most simple, and cleanest search engine in what was an extremely competitive market.

☆ Venezuelans describe dangers and desperation amid U.S. asylum changes
▼ + stars: | 2023-01-18 | by ( Albinson Linares | Noticias Telemundo | ) www.nbcnews.com time to read: +11 min

MEXICO CITY — Mariantonela Orellana spent nine days in the dangerous Darien Gap jungle in the Colombia-Panama border, and she described her nightmarish ordeal. Now back in Mexico, migrants wrestle with whether to try to stay in Mexico, keep trying to seek asylum in the U.S. or return to Venezuela. According to Department of Homeland Security data, the flow of Venezuelan migrants to the U.S. increased by almost four times compared to the year prior. Mexican authorities approved 61% of asylum applications from January to November, including at least 90% of approvals for Hondurans and Venezuelans. “I left Venezuela because the discrimination against the LGBT community is terrible; we are trampled on and attacked every day.

☆ In leaked audio, Cheddar bosses address newsroom burnout and outline their goals, but offer no concrete solutions for declining morale and ongoing exits
▼ + stars: | 2023-01-13 | by ( Reed Alexander | ) www.businessinsider.com time to read: +5 min

Insider obtained leaked audio of an hour-long all-hands meeting at Cheddar News. Leadership also addressed employees' concerns about the state of the company, including under-staffing, burnout, and a recent wave of departures. Three more staffers have either exited Cheddar's newsroom or are imminently on the way out this week, Insider has learned. A spokesperson for Altice USA offered no comment. Are you an insider at Cheddar News or Altice USA?

"We had such a hard time, and I would rather have more Chinese people come than the government restricting their entry so I can do business." "Tour bus operators who have had their vehicles idly parked for over three years are now gearing up for (bus) inspections," said Thai Tour Bus Association President Wasuchet Sophonsatien. Thailand, Japan, the United States, South Korea, Australia, Macao, Singapore, Hong Kong and Taiwan were the most-searched destinations. Yue Hua Entertainment Korea, which manages Tempest, did not respond to a request for comment. "The pandemic outbreak on the mainland is still vigorous and needs time to recover, while domestic consumption remains weak on the mainland."

☆ Italian, Japanese leaders agree to form "strategic partnership"
▼ + stars: | 2023-01-10 | by ( ) www.reuters.com time to read: +2 min

[1/3] Japanese Prime Minister Fumio Kishida and his Italian counterpart Giorgia Meloni hold a news conference at Chigi Palace, in Rome, Italy, January 10, 2023. REUTERS/Remo CasilliROME, Jan 10 (Reuters) - Italian Prime Minister Giorgia Meloni and her Japanese counterpart Fumio Kishida agreed at a meeting on Tuesday to strengthen ties in a range of spheres including the economy, trade and defence, the leaders said. "We have agreed to elevate our relations to the level of a strategic partnership," Meloni told reporters in a brief statement after the meeting in Rome. Among the fields of heightened cooperation, Kishida, speaking through an interpreter, cited diplomacy, investment, railways and cinema. (This story has been refiled to remove a typo in the lead)Reporting by Gavin Jones, editing by Crispian BalmerOur Standards: The Thomson Reuters Trust Principles.

☆ China reopens borders in final farewell to zero-Covid policy
▼ + stars: | 2023-01-08 | by ( ) www.nbcnews.com time to read: +4 min

Travelers began streaming into mainland China by air, land and sea on Sunday, many eager for long-awaited reunions, as Beijing opened borders that have been all but shut since the start of the Covid-19 pandemic. But the abrupt policy reversal has triggered a massive wave of infections that is overwhelming some hospitals and causing business disruptions. China on Sunday also resumed issuing passports and travel visas for mainland residents, and ordinary visas and residence permits for foreigners. Beijing has quotas on the number of people who can travel between Hong Kong and China each day. I’m thrilled, I can’t believe it’s happening,” said a business woman surnamed Shen, 55, who flew in from Hong Kong.

Long queues formed at the Hong Kong international airport's check-in counters for flights to mainland cities including Beijing, Tianjin and Xiamen. Hong Kong media outlets estimated that thousands were crossing. Beijing has quotas on the number of people who can travel between Hong Kong and China each day. I'm thrilled, I can't believe it’s happening,” said a businesswoman surnamed Shen, 55, who flew in from Hong Kong. The World Health Organisation said on Wednesday that China's COVID data underrepresents the number of hospitalisations and deaths from the disease.

☆ Only 3 countries have managed to build 5th-generation fighters, but nearly a dozen are already working on 6th-gen jets
▼ + stars: | 2023-01-03 | by ( Benjamin Brimelow | ) www.businessinsider.com time to read: +12 min

(The recently unveiled B-21 bomber is billed as the world's first sixth-gen aircraft, but little is known about its capabilities.) Lockheed Martin, Northrup Grumman, and Boeing are believed to be competing to build the jets, and all have released illustrations of sixth-gen aircraft. FCAS/SCAFA full-scale model of the Future Combat Air System at the Paris Air Show in June 2019. An illustration of Japan's next-generation fighter aircraft concept. While China is making heavy investment in military aviation, Russia's ability to develop next-generation jets may be shrinking.

[1/4] Italy's Defence Minister Guido Crosetto poses for a picture during an interview with Reuters, in Rome, Italy, December 16, 2022. Defence Minister Guido Crosetto, a co-founder of Prime Minister Giorgia Meloni's Brothers of Italy party, said Rome would make a final decision on how much to invest in the multi-billion-dollar project after more details had been defined. Crosetto said there should be no bar on joining forces with the rival European programme, adding that the GCAP should also aim to find new partners, especially within Europe. Italy has never disclosed details of its shipments, but Crosetto confirmed that Kyiv had requested air-defence systems, including the Franco-Italian SAMP/T. He added that Italy was also open to suggestions for joint procurement by the EU Defence Agency.

☆ Warren Buffett and Berkshire Hathaway are beating the market this year
▼ + stars: | 2022-12-15 | by ( Paul R. La Monica | ) edition.cnn.com time to read: +6 min

But Warren Buffett has no reason to be worried. Shares of Buffett’s Berkshire Hathaway (BRKB) are up about 5.5% in 2022. Berkshire has big stakes in Coca-Cola (KO) and Kraft Heinz (KHC), which are each up around 10% this year. Buffett turns 93 next August while Berkshire vice chair and long-time Buffett confidant Charlie Munger will celebrate his 99th birthday on New Year’s Day. Democratic Sen. Elizabeth Warren has introduced a bill with Republican Sen. Roger Marshall that would crack down on money laundering in the crypto world.

In the mid-1990s, revelations that Israel may have shared U.S. fighter technology with China led Rep. Dave Obey, D-Wisc., to sponsor an amendment banning the not-yet-in-service F-22 stealth fighter from being exported. Unfortunately, this contributed to a negative outcome for the U.S. as well as its potential foreign partners. It’s true some U.S. defense partners maintain significant partnerships with potential military adversaries or may use U.S. arms in objectionable ways. If that happens, it could become impossible to rebuild domestic fighter production capacity fast enough to respond to a crisis. But it’s good for U.S. national security when our allies and partners retain an independent defense technology base rather than allowing their indigenous industries to atrophy.

☆ Japan, Britain and Italy to build jet fighter together
▼ + stars: | 2022-12-09 | by ( ) www.nbcnews.com time to read: +4 min

Japan, Britain and Italy are merging their next-generation jet fighter projects in a ground-breaking partnership spanning Europe and Asia that is Japan’s first major industrial defense collaboration beyond the United States since World War II. Amid what it sees as deteriorating regional security, Japan this month will announce a military build up plan that is expected to double defense spending to about 2% of gross domestic product over five years. “It’s also good for our international reputation”The proposed jet fighter aircraft Tempest, shown during the Farnborough Airshow, in southern England in July. Britain also wants Japan to improve how it provides security clearances to contractors who will work on the aircraft, sources with knowledge of the discussions told Reuters. “The United States supports Japan’s security and defense cooperation with likeminded allies and partners, including with the United Kingdom and Italy,” the U.S. Department of Defense said in a joint statement with Japan’s Ministry of Defense.

☆ UK, Japan, and Italy are joining forces to build a new next-generation fighter jet that can fight with artificial intelligence
▼ + stars: | 2022-12-09 | by ( Jake Epstein | ) www.businessinsider.com time to read: +3 min

Britain, Japan, and Italy are working to build a next-generation fighter jet together. The fighter jet will have cutting-edge weapons and advanced capabilities, such as the ability to work with uncrewed aircraft. Britain's defense ministry said in a release that it hopes to develop the fighter jet with various advanced capabilities such as cutting-edge weapons, innovative data systems, and advanced sensors. UK Prime Minister Rishi Sunak said that the aircraft's development, and partnership with Japan and Italy, highlights that "the security of the Euro-Atlantic and Indo-Pacific regions are indivisible." In a joint statement with Japan's defense ministry on Thursday, the US Department of Defense said it supports Tokyo's security cooperation with London and Rome.

TOKYO/LONDON, Dec 9 (Reuters) - Japan, Britain and Italy are merging their next-generation jet fighter projects in a ground-breaking partnership spanning Europe and Asia that is Japan's first major industrial defence collaboration beyond the United States since World War Two. Amid what it sees as deteriorating regional security, Japan this month will announce a military build up plan that is expected to double defence spending to about 2% of gross domestic product over five years. Britain also want Japan to improve how it provides security clearances to contractors who will work on the aircraft, sources with knowledge of the discussion told Reuters. The United States, which has pledged to defend all three countries through its membership of NATO and a separate security pact with Japan, also welcomed the joint Europe-Japan agreement. "The United States supports Japan's security and defence cooperation with likeminded allies and partners, including with the United Kingdom and Italy," the U.S. Department of Defense said in a joint statement with Japan's Ministry of Defense.

TOKYO/LONDON, Dec 9 (Reuters) - Japan, Britain and Italy are merging their next-generation jet fighter projects in a bridge between Europe and Asia that marks Japan's first major industrial defence collaboration beyond the United States since World War Two. Britain also wants Japan to improve how it provides security clearances to contractors, sources with knowledge of the discussions told Reuters. The two new platforms would compete head-on with each other and the United States in the global fighter market. "There is going to be a Battle Royal in the next 10-15 years in positioning the various players," said UK defence analyst Francis Tusa. The United States, which has pledged to defend all three countries through NATO and a separate security pact with Japan, welcomed the new Europe-Japan agreement.

Search resuls for: "Tempest"

25 mentions found