Amazon said it will stop activity at its fulfillment centers in France for five days after a court order banned the sale of non-essential goods. Bloomberg reports: The world’s largest online retailer is “temporarily” suspending sales from April 16 through April 20, a spokeswoman for the company said. The court concluded the retailer isn’t doing enough to protect staff from the…
Tag: Bloomberg News
US Regulators Quickly Approve Roche’s New and Faster COVID-19 Test
schwit1 quotes the International Business Times:
Swiss pharmaceutical giant Roche announced Friday it had received emergency approval from U.S. regulators for a new and much faster test for diagnosing the deadly new coronavirus… The test can be run in high volumes on fully automated equipment, Roche said, suggesting it could provide more results far faster than other tests available. “We are increasing…
Major Republican Donor Seeks Ouster of Twitter’s CEO
Jack Dorsey co-founded Twitter in 2006, coding up the first prototype (with the help of a contractor) when he was still in his 20s. Dorsey’s now it’s CEO — but “A major Republican donor has purchased a stake in Twitter and is reportedly seeking to oust him,” reports the Guardian. Bloomberg News first reported that Elliott Management has taken a “sizable…
F-35’s Gun That Can’t Shoot Straight Adds To Its Roster of Flaws
Add a gun that can’t shoot straight to the problems that dog Lockheed Martin’s $428 billion F-35 program, including more than 800 software flaws. From a report: The 25mm gun on Air Force models of the Joint Strike Fighter has “unacceptable” accuracy in hitting ground targets and is mounted in housing that’s cracking, the Pentagon’s test office said in its latest…
Bloomberg Fined $7.6M For Re-Publishing Info From Fake Press Release
A fake press release posted at vinci.group (mimicking vinci.com) led to a multi-million dollar fine — for the news outlet that fell for it. AFP reports:
France’s financial markets watchdog on Monday (December 16) hit Bloomberg with a five million euro (S$7.6 million) fine for a report based on a fake news release that triggered a plunge in the shares of French…
Bill Gates Says Open Research Beats Erecting Borders in AI
Microsoft co-founder Bill Gates spoke out against protectionism in technological research around topics like artificial intelligence, arguing that open systems will inevitably win out over closed ones. From a report: In conversation with Bloomberg News editor-in-chief John Micklethwait at the New Economy Forum in Beijing on Thursday, Gates was skeptical about the idea that ongoing U.S.-China trade tensions could ever lead…
Viral Tweets From Steve Wozniak and Ruby on Rails Creator Spur Investigation Into Apple Credit Card
An anonymous reader quotes the BBC:
A US financial regulator has opened an investigation into claims Apple’s credit card offered different credit limits for men and women. It follows complaints — including from Apple’s co-founder Steve Wozniak — that algorithms used to set limits might be inherently biased against women. New York’s Department of Financial Services has contacted Goldman Sachs, which runs…
Adobe Exec Defends Photoshop for iPad After App Falls Flat
Adobe debuted its most important mobile application ever this week when it finally released Photoshop for Apple’s iPad. But with key capabilities missing, many within the company’s vast fan base have panned the application, prompting the app’s overseer to publicly defend his product. From a report: Scott Belsky, chief product officer of Adobe’s Creative Cloud division, tweeted about the “painful” early…
Russian Cyberattackers Stole Iranian Tools, Then Attacked 35 Countries
An anonymous reader quotes Bloomberg News: A Russia-linked group is believed to have utilized Iranian tools to conduct cyber attacks against dozens of countries, in an apparent effort to mask their identities, according to joint advisories by the U.S. and the U.K. The group, known as Turla, used tools from suspected Iran-based hacking groups and deployed them against old and new…
Google Accused of Creating Spy Tool To Squelch Worker Dissent
An anonymous reader quotes a report from Bloomberg: Google employees are accusing the company’s leadership of developing an internal surveillance tool that they believe will be used to monitor workers’ attempts to organize protests and discuss labor rights. Earlier this month, employees said they discovered that a team within the company was creating the new tool for the custom Google Chrome…