Under a proposal presented by the European Union executive, online messaging services that are reliant on advertising such as WhatsApp, iMessage and Gmail will face tougher rules on how they can track users. The web companies would have to get the consent of their customers before tracking them online to target them with personalized advertisements…
A laptop associated with a Vermont electric utility but not connected to the grid, a code associated with a broad Russian hacking campaign dubbed Grizzly Steppe by the Obama administration has been detected, the utility said. “We took immediate action to isolate the laptop and alerted federal officials of this finding,” the Burlington Electric Department…
Japan’s Toshiba is running out of fixes: it is burning cash, cannot issue shares and has few easy assets left to sell, even as it is faced with the prospect of a multi-billion-dollar writedown that could wipe out its shareholders’ equity. By announcing that cost overruns at a U.S. nuclear business bought only last year…
China plans to give a further boost to its economy by spending $503B on expansion of its railways. As China turns to investments in infrastructure to bolster growth and improve connectivity across the country, it plans to spend 3.5 trillion yuan ($503 billion) to expand its railway system by 2020. According to details released at…
With the potential to raise billions, social media firm Snap Inc may be the highest profile tech IPO planned for 2017. According to investment bankers and advisers who work on IPOs, little-known names such as Apttus, Tintri and Okta – could be just as important in thawing a long-frozen IPO market as more than a…
Avoiding a diesel-for-diesel competition with market leaders including Volkswagen AG, for years, Toyota Motor Corp. focused on pushing its hybrid models in Europe. The Japanese carmaker’s strategy is finally paying off. Toyota is on track for roughly a 40 percent jump in annual sales of gasoline-electric vehicles in Europe in the first full year since…
In a sign that Iran’s closest ally in the region is ready to improve its ties with the kingdom, Oman told Saudi Arabia it will join a Saudi-led military alliance, the kingdom’s official news agency reported. The Saudi Press Agency said that announcing the decision to join the Islamic Military Alliance Against Terrorism was Oman’s defense…
Planemaker Airbus said that it would step up cost cuts to minimise the impact of these delays and added that it was postponing the delivery of 12 A380 planes to Emirates Airline over the next two years. Following an agreement between Emirates and engine maker Rolls Royce and a consecutive deal between Airbus and Emirates, while a set of…
Just look at Mongolia if you think air pollution in China has been bad. Levels of particulate matter in the air have risen to five times worse than Beijing during the past week’s bout with the worst smog of the year and are almost 80 times the recommended safety level set by the World Health Organization. While acrid…
According to a new congressional study, while being far ahead of France, the No. 2 weapons dealer with $15 billion in sales, the United States again ranked first in global weapons sales last year, signing deals for about $40 billion, or half of all agreements in the worldwide arms bazaar. With Qatar signing deals for…
