DIRS.INFO The most relevant business & tech news

☆ How riding rockets going 4,000 mph into suborbital space could slash international flight times from 22 hours to 2
▼ + stars: | 2023-06-16 | by ( Kelly Burch | ) www.businessinsider.com time to read: +6 min

This idea of point-to-point rocket travel, however, could be uncomfortable and inconvenient. Space companies that are exploring the technologyWhile no one is going from Down Under to Big Ben in less than 24 hours these days, some space companies are already testing the technology needed for point-to-point rocket travel. No company has announced projected ticket prices for point-to-point rocket trips, but if other space travel is any indication they'll likely be super expensive. Currently, you can book a two-hour space flight with Virgin Galactic for $450,000. But he's not planning any future point-to-point rocket flights because it's not worth the hassle.

Persons: —, David Doughty, Admiral Jet, Doughty, Big Ben, Richard Branson, Elon Musk, Jeff Bezos, Joe Cassady, there's, Thompson, Cassady, It's, he's Organizations: SpaceX, Service, Qantas, Rockets, Passengers, Virgin Galactic, Rocket, astronautics, US Air Force, NASA, Astronauts, Travelers Locations: London, Sydney, New York, Boca Chica , Texas, Mexico

NATO Airborne Warning and Control Systems (AWACS) surveillance aircraft will watch the skies over the summit venue through Friday, the alliance said in a statement. Missile debris from the war in Ukraine has been found in Moldova several times since Russia invaded 15 months ago. "NATO AWACS can detect aircraft, missiles and drones hundreds of kilometres away, making them an important early warning capability," NATO spokesperson Oana Lungescu said. The summit will also touch on a range of strategic issues, ranging from energy to cybersecurity and migration. Reporting by John Irish, Andrew Gray and Alexander Tanas; writing by John Irish; editing by Mark HeinrichOur Standards: The Thomson Reuters Trust Principles.

Persons: Josep Borrell, Nicu Popescu, Ana Revenco, Oana Lungescu, Volodymyr Zelenskiy, Maia Sandu, Ursula von der, Albin Kurti, Aleksandar Vucic, ” Borrell, Emmanuel Macron, Olaf Scholz, John Irish, Andrew Gray, Alexander Tanas, Mark Heinrich Our Organizations: High Representative, European Union for Foreign Affairs, Moldova's, Russia, NATO, Kyiv, Control Systems, European, Kosovo, EU, Thomson Locations: Chisinau, Moldova, Ukraine, Kosovo, Moldovan, Romania, Russia, Ursula von der Leyen, KOSOVO, Slovakia, defusing, Serbian, Europe, Azerbaijan, Armenia

☆ Ukraine war live updates: Russian strike on Kyiv kills 3, including a child; NATO chief calls for Ukraine security guarantees
▼ + stars: | 2023-06-01 | by ( Natasha Turak | ) www.cnbc.com time to read: +1 min

Some 40 European officials are convening in Bulboaca, Moldova, just 12 miles from the Ukrainian border, for a security conference and in a show of support for both Eastern European countries ahead of Ukraine's anticipated counteroffensive against Russia. NATO's Airborne Warning and Control Systems surveillance aircraft will be monitoring Moldova's skies for the duration of the event, the alliance said in a statement, highlighting the security risk of holding such a high-profile summit — with dozens of EU and NATO officials attending — in that particular location. Russia continued its intense missile barrage on Kyiv, which killed three people — an 11-year-old girl, her mother, and another woman — overnight. Ukraine's Air Force said it shot down all 10 Russian missiles, but that falling debris from the interceptions caused the deaths and injuries. It was the 18th Russian attack on the Ukrainian capital since the start of May.

Persons: Ukraine's Organizations: Eastern, Control Systems, NATO, Ukraine's Air Force Locations: Bulboaca, Moldova, Ukrainian, Russia, EU, Russian

South Korean companies do not disclose the unit prices for their weapons, which are often sold with support vehicles and spare parts. That will include building South Korean arms on license in Poland, officials in Seoul and Warsaw said. "It may work for some countries at very, very low volume," he added of Polish-brokered South Korean weapons sales, discussing challenges the joint operation might face. The 2022 arms deal began with South Korean companies signing a framework agreement with the Polish government. Seoul has since approved at least some South Korean weapons components for use in Ukraine.

Kidde-Fenwal filed for Chapter 11 protection in Delaware bankruptcy court. Kidde-Fenwal sold AFFF foam products from 2007 to 2013, according to court documents. Kidde-Fenwal does not make AFFF products, but it previously sold AFFF products through a subsidiary called National Foam. 3M, a central defendant in the AFFF lawsuits, has said it would stop producing PFAS by 2025. The case is In re Kidde-Fenwal Inc, U.S. Bankruptcy Court for the District of Delaware, No.

☆ Taiwan seeking US cooperation to make next-generation fighters
▼ + stars: | 2023-05-03 | by ( ) www.reuters.com time to read: +2 min

TAIPEI, May 3 (Reuters) - Taiwan is seeking U.S. cooperation to make the island's next domestically developed fighter jet, the head of Taiwanese defence contractor Aerospace Industrial Development Corp (AIDC) (2634.TW) said on Wednesday. Taiwan's air force scrambles daily to see off incursions by Chinese jets into the airspace around the island as Beijing steps up its pressure to try and force Taiwan to accept China's sovereignty. While the mainstay of Taiwan's air force is Lockheed Martin Corp's (LMT.N) F-16s and French-build Mirages it also uses AIDC's F-CK-1 Ching-kuo Indigenous Defence Fighter, or IDF. Taiwan in 2017 announced the next generation fighter programme, to include stealth capabilities, but has given few details since. Even the United States has been unwilling to provide Taiwan its most advanced fighters like the F-22 or F-35, and Taiwan has no direct answer to China's new J-20 stealth fighter.

☆ Taiwan seeking US cooperation to make next generation fighters
▼ + stars: | 2023-05-03 | by ( ) www.reuters.com time to read: +2 min

TAIPEI, May 3 (Reuters) - Taiwan is seeking U.S. cooperation to make the island's next domestically developed fighter jet, the head of Taiwanese defence contractor Aerospace Industrial Development Corp (AIDC) (2634.TW) said on Wednesday. Taiwan's air force scrambles daily to see off incursions by Chinese jets into the airspace around the island as Beijing steps up its pressure to try and force Taiwan to accept China's sovereignty. Speaking at a Taiwan-U.S. defence industry forum in Taipei, AIDC Chairman Hu Kai-hung said the company wanted to raise its technical prowess to help with the development of Taiwan's next generation fighter. Taiwan in 2017 announced the next generation fighter programme, to include stealth capabilities, but has given few details since. Even the United States has been unwilling to provide Taiwan its most advanced fighters like the F-22 or F-35, and Taiwan has no direct answer to China's new J-20 stealth fighter.

☆ The wild traffic hack that could pave the way for self-driving cars
▼ + stars: | 2023-04-12 | by ( Adam Rogers | ) www.businessinsider.com time to read: +11 min

You might be able to get out of the way of a testosterone-fueled human driver in an SUV, but the self-driving cars will never see him coming. As more self-driving cars enter the market, speed through Hajbabaie's intersections goes up and fuel consumption goes down. The same will be true of proposals like white traffic lights for self-driving cars. If self-driving cars ever move beyond shared services like taxis and deliveries, the first vehicles are going to be owned by wealthy people. The world of tomorrowFor the moment, cities are in no danger of being overrun by self-driving cars.

☆ Russians angry at downing of Ukrainian drone over their homes
▼ + stars: | 2023-03-27 | by ( ) www.reuters.com time to read: +2 min

People were wounded," said Kireyevsk resident Elena, 35, who like some others declined to give her surname. Russia's Defence Ministry said on Sunday it had electronically disabled a Ukrainian drone, which veered off course and crashed onto Kireyevsk, a town of about 25,000 inhabitants 220 km (140 miles) south of Moscow. The state-run news agency TASS quoted local officials on Sunday as saying three people had been hurt, none seriously. Now we know how it is," said Yuri Ovchinnikov, who was home with his wife at the moment of impact. "I graduated from an aviation academy; my specialisation was aircraft control systems, so I know how it works.

☆ The US military has 6 new air-to-air missiles in the works
▼ + stars: | 2023-03-15 | by ( Alex Hollings | Sandboxx News | ) www.businessinsider.com time to read: +16 min

The US military has at least six new air-to-air missiles in active development. The US's current air-to-air missiles are effective, but they aren't designed for the newest US jets. Russia and China are fielding missiles with incredible rangeChinese-made PL-9C, left, and PL-5E air-to-air missiles at the Airshow China exhibition in November 2000. Peregrine Air-to-Air missileRaytheon's Peregine air-to-air missile has actually been around for a few years already. Modular Advanced Missile (MAM)The Modular Advanced Missile (MAM) is among the newest additions to this list.

[1/5] Greek Prime Minister Kyriakos Mitsotakis visits the site of a crash, where two trains collided, near the city of Larissa, Greece, March 1, 2023. Rail workers, on strike since March 2, have extended their walkout until Friday. "We could have been there, we could have been on that same train," Aria Laska, 23, told Reuters. Three more railway workers were detained and accused of disrupting public transport leading to deaths, the semi-state Athens News Agency reported. "We are together in this trial," Mitsotakis said, adding that young people and their parents had "every right to be angry".

☆ North Korea says UN should demand end to S.Korea-US military drills
▼ + stars: | 2023-03-04 | by ( ) www.reuters.com time to read: +2 min

SEOUL, March 5 (Reuters) - North Korea's foreign ministry on Sunday called on the United Nations to demand an immediate halt to combined military drills by the United States and South Korea, saying they were raising tensions that threaten to spiral out of control. The United States and South Korea will conduct more than 10 days of large-scale military exercises in March, including amphibious landings, officials from the two countries said on Friday. The U.S. and South Korea say the exercises are in self-defence and are necessary to counter the rising threats from North Korea's ballistic missile and nuclear weapons programmes, which are banned by U.N. Security Council resolutions. "The UN and the international community will have to strongly urge the U.S. and South Korea to immediately halt their provocative remarks and joint military exercises," Kim said. Last month Kim issued a statement saying UN Secretary-General Antonio Guterres has been "extremely unfair, unbalanced" on North Korea's missile tests.

☆ North Korea says US causing international arms control collapse
▼ + stars: | 2023-03-04 | by ( ) www.reuters.com time to read: +1 min

SEOUL, March 4 (Reuters) - North Korea on Saturday blamed the United States for what it said was the collapse of international arms control systems and said Pyongyang's nuclear weapons were a just response to ensure the balance of power in the region. Recent moves by South Korea and Japan showed that a military build-up by the United States and its followers was crossing the danger line and this could not be tolerated, it added. The comments follow the United States and South Korea's announcement on Friday that they plan to conduct large-scale military exercises from March 13-23 to strengthen the allies' combined defensive posture, including focusing on what they called North Korean aggression. North Korea says such joint military exercises are proof that the United States and its allies are hostile and bent on regime change in the North. Reporting by Jihoon Lee, editing by Giles Elgood Editing by Mark HeinrichOur Standards: The Thomson Reuters Trust Principles.

The collision occurred as the passenger train, heading to the northern Greek city of Thessaloniki from the capital Athens, emerged from a tunnel near the central town of Larissa. Our thoughts today are with the relatives of the victims," Greek Prime Minister Kyriakos Mitsotakis said at the site of the crash, looking shattered. [1/15] The site of a crash, where two trains collided, is seen near the city of Larissa, Greece, March 1, 2023. REUTERS/Giannis Floulis 1 2 3 4 5'MUM, I'M HURT'The passenger train was carrying 342 travellers and 10 crew, while two crew were on the cargo train, according to Hellenic Train data. Greece's ageing railway system is in need of modernising, with many trains travelling on single tracks and signalling and automatic control systems still to be installed in many areas.

Feb 28 (Reuters) - Russian President Vladimir Putin told the FSB domestic security service on Tuesday to step up its activity to counter what he said was increasing espionage and sabotage against Russia by Ukraine and the West. In a speech to officials, Putin said the FSB had to stop "sabotage groups" entering Russia from Ukraine, step up protection of infrastructure, and prevent Western security services reviving what he called terrorist or extremist cells inside Russia. "Western intelligence services have traditionally always been active in Russia, and now they have thrown additional personnel, technical and other resources at us. The FSB needs to strengthen all its counter-intelligence activity, Putin told the agency that he once headed. Reporting by Reuters, writing by Mark Trevelyan; Editing by Andrew Osborn and Kevin LiffeyOur Standards: The Thomson Reuters Trust Principles.

In this article LUV Follow your favorite stocks CREATE FREE ACCOUNTGenaro Molina | Los Angeles Times | Getty ImagesWill the majority of travelers forgive Southwest Airlines and start buying tickets on the major U.S. air carrier again? Southwest Airlines accepted the blame for its technological meltdown during the holidays, and it has committed over $1 billion to fixing it. He pointed to $29 fare sales, "something I haven't seen Southwest offer in a long time," he said. The Southwest spokeswoman said the airline has a long history of innovation and pioneering technology in the airline industry. BALTIMORE, MD - DEC 27: Hundreds of passengers wait in line to handle their baggage claim issues with Southwest Airlines at Baltimore/Washington International Thurgood Marshall Airport in Baltimore, Maryland on December 27, 2022.

☆ Russia's tanks may face 'disadvantageous conditions' in a battle with US-made Abrams tanks, Russian expert says
▼ + stars: | 2023-02-14 | by ( Michael Peck | ) www.businessinsider.com time to read: +5 min

Abramses are better than Russian tanks, and Russia isn't making enough anti-tank weapons to beat them, a top Russian defense expert says. "Now Russian tanks use old Soviet shells in their ammunition," Pukhov said, according to a translation of the article. US Abrams tanks and a German Leopard at a training ground in Poland in September 2022. Artur Widak/NurPhoto via Getty ImagesNonetheless, even without Western tanks, Ukraine has managed to shred Russian armor. Perhaps Russia should focus less on the technical characteristics of American tanks and more on how to use Russian tanks better.

☆ Mercedez-Benz faces over 300,000 UK claims over diesel emissions
▼ + stars: | 2023-02-09 | by ( Sam Tobin | ) www.reuters.com time to read: +2 min

LONDON, Feb 9 (Reuters) - Mercedes-Benz (MBGn.DE) faces more than 300,000 claims at London’s High Court from the owners of diesel vehicles that were allegedly equipped with “defeat devices” to cheat emissions tests. The German carmaker is said to have misled customers about certain diesel vehicles’ compliance with nitrogen oxide (NOx) emissions standards. Mercedes-Benz denies that any defeat devices, which can change vehicles’ emissions levels, were installed in its vehicles. Oliver Campbell, representing the claimants, said in court documents that certain Mercedes-Benz vehicles contained technology designed to lower NOx emissions, but that only worked properly at particular temperatures. However, lawyers representing Mercedes-Benz denied its vehicles contained defeat devices, saying there was no reduction in the effectiveness of their emissions control systems.

☆ North Korea shows off design for new, more dangerous missile while rolling out enough ICBMs to possibly overwhelm US defenses
▼ + stars: | 2023-02-09 | by ( Jake Epstein | ) www.businessinsider.com time to read: +8 min

North Korea boasted its progress on a new and dangerous solid-fueled missile at a military parade. In recent years, North Korea has indicated that its missile program is pivoting toward the use of solid fuel, Ian Williams, deputy director of the Missile Defense Project at the CSIS, told Insider. North Korea has displayed large canisters before, but the ones displayed on Wednesday appear to be more legitimate than those in the past, Williams said. This is because the defense system's interceptors would not have the capacity to engage all credible threats. Furthermore, missile defense should be thought of as one part of a larger "missile defeat complex," he added.

Sydney/Hong Kong CNN —Australia’s defense ministry will remove Chinese-made cameras from its offices over spying concerns, the country’s Minister for Defence Richard Marles has said. The concerns were raised by Senator James Paterson of the opposition Liberal Party, who said Wednesday that he had conducted an “audit” of Chinese-made security devices in use on Australian government premises. The audit found 913 devices, including cameras, access control systems and intercoms, made by Chinese-state owned enterprises Hikvision and Dahua, Paterson noted. “These companies have a very close relationship with the Chinese Communist Party, and they are subject to China’s National Intelligence laws, which require all Chinese companies and individuals to secretly cooperate with Chinese intelligence agencies if requested,” Paterson said in a radio interview Wednesday. And where those particular cameras are found they’re going to be removed.”Asked about the Australian government’s concerns over Chinese-made cameras, a spokesperson for Beijing’s foreign affairs ministry said China opposes “generalizing national security, abuse of state power and acts that discriminate and suppress Chinese companies.”

☆ World's largest drone maker is unfazed — even if it's blacklisted by the U.S.
▼ + stars: | 2023-02-08 | by ( Nessa Anwar | ) www.cnbc.com time to read: +4 min

watch nowThe world's biggest drone maker DJI found itself embroiled in the Russia-Ukraine conflict last year. It includes the Mavic 3 drone, and Aeroscope, a drone-detection platform that enables users to identify the location of a drone operator. We've stated unequivocally that we have had nothing to do with treatment of Uighurs in Xinjiang," Welsh said. A drone's firmware is what the drone uses to control all the important operations, like flight, battery management and data protection. Paolo Stagno, a cyber security expert, said there is a black market of modified DJI drones' firmware.

☆ Worried about World War III, Trump says he wants an 'impenetrable' shield like Iron Dome to protect the US from hypersonic weapons. A missile defense expert says it's a long shot.
▼ + stars: | 2023-01-31 | by ( Jake Epstein | ) www.businessinsider.com time to read: +9 min

Trump recently said the US should build a nationwide missile defense shield like Israel's Iron Dome. It is unclear if Trump wants the Iron Dome system defending American cities or if he wants a new shield specifically designed for hypersonic threats. Either way, his plan for an "impenetrable" defense is unrealistic, a missile defense expert told Insider. 'There's always some way to get through'Right now, the US has a homeland missile defense system called the Ground-based Midcourse Defense (GMD). While Trump appears to be questionably framing the missile defense situation, there are still certain things that the US can do to strengthen its homeland missile defense, Williams noted.

☆ Federal Reserve Probes Goldman’s Consumer Business
▼ + stars: | 2023-01-21 | by ( Annamaria Andriotis | David Benoit | ) www.wsj.com time to read: 1 min

The Federal Reserve is investigating Goldman Sachs Group Inc.’s consumer business to determine whether the bank had appropriate safeguards in place as it ramped up lending, according to people familiar with the matter. The regulator has concerns that the bank didn’t have proper monitoring and control systems inside the consumer business, known as Marcus, especially as it grew larger, the people said.

☆ Federal Reserve Probes Goldman Consumer Business
▼ + stars: | 2023-01-20 | by ( Annamaria Andriotis | David Benoit | ) www.wsj.com time to read: 1 min

☆ U.S. Fed probes Goldman Sachs consumer business - WSJ
▼ + stars: | 2023-01-20 | by ( ) www.reuters.com time to read: +1 min

Jan 20 (Reuters) - The U.S. Federal Reserve is probing the consumer business of Goldman Sachs Group Inc (GS.N) to determine whether the bank had appropriate safeguards in place as it ramped up lending, the Wall Street Journal reported on Friday, citing people familiar with the matter. The central bank is concerned the Wall Street giant did not have proper monitoring and control systems inside Marcus, its consumer unit, as it grew larger, the report said. "The Federal Reserve is our primary federal bank regulator and we do not comment on the accuracy or inaccuracy of matters relating to discussions with them," a Goldman spokesperson told Reuters. Bloomberg News reported in September that the bank's Marcus unit was facing a Fed review. Goldman's credit card business is also being investigated by the Consumer Financial Protection Bureau (CFPB), the bank disclosed last year.

Search resuls for: "Control Systems"

25 mentions found