Apple continues to rake in cash as the pandemic rages. The company posted revenue of $59.7 billion in the three months ended in June, an 11% increase from the same period last year, it said Thursday. Apple (AAPL) stock spiked more than 5% in after-hours trading. The company also announced a four-for-one stock split. The blockbuster earnings for America s most valuable company come as the country s economy struggles with its first recession in more than a decade. Figures released earlier on Thursday showed that the US gross domestic product contracted 32.9% between April and June — its worst drop on record — as the pandemic ground most economic activity to a halt. Apple s net income of $11.2 billion for the quarter represented a 12% increase from a year earlier. "In uncertain times, this performance is a testament to the important role our products play in our customers lives and to Apple s relentless innovation," Apple CEO Tim Cook said in a statement, touting the company s "record June quarter" that was driven by "double digit growth" in both products and services. International sales accounted for 60% of revenue for the quarter. Apple has thus far managed to weather the pandemic. It posted record earnings for the last three months of 2019 even as the coronavirus ravaged its market and supply chains in China; continued to grow slightly in the first quarter of this year; and even launched several new products and services virtually in the midst of global lockdowns. But the company has also had to shutter roughly a third of its US stores, after reopening and re-closing many of them, as coronavirus cases spike across several states. Apple (AAPL) is one of four tech giants — along with Facebook (FB), Amazon (AMZN) and Google (GOOGL) — to report earnings on Thursday, barely 24 hours after their CEOs were grilled by Congress over allegations that their companies have become too dominant and are stifling competition. Cook predominantly faced questions about Apple s App Store and the commissions the company charges some apps to list on it.
Boeing lost $2.4 billion over the past three months, the company revealed Wednesday. It s just the latest sign of trouble for the aerospace giant as it continues to grapple with the fallout over its beleaguered 737 Max aircraft and the COVID-19 pandemic. In a note to employees, Boeing CEO Dave Calhoun said that the "prolonged impact" of the virus will require the company to "further assess the size of our workforce," signaling Boeing will cut more jobs than the 16,000 — about 10% of its workforce — it previously announced. Wall Street wasn t shocked by the numbers. Investors already knew Boeing s deliveries 10 jets last month as it began ramping up production after its factory was shuttered by the pandemic. But Calhoun also revealed that Boeing is planning to further scale back production of all its commercial jets and, potentially, shuttering entire assembly lines of its 787 Dreamliner jets."We will also need to evaluate the most efficient way to produce the 787, including studying the feasibility of consolidating production in one location," Calhoun said. He declined to share further details with reporters. Boeing manufactures the 787 Dreamliner at a dedicated facility in Charleston and at the company s massive plant near Seattle. Boeing is now looking to produce just six 787s per month in 2021, according to the company, down from the current rate of 10 per month. Boeing is also planning to reduce its monthly output of 777 widebody aircraft to two per month, down from five. The company is still in the early stages of resuming production of its 737 Max jets, which was Boeing s best-selling aircraft but has been grounded since March 2019 following two crashes that killed 346 people. But Boeing said Wednesday it would slow down its plans to ramp up that production as well. It s aiming to produce 31 of those jets per month by 2022 — a target Boeing was expecting to hit next year.Boeing (BA) stock was up slightly during pre-market trading. But it fell about 4% in the early hours of Wednesday s trading session. The company revealed earlier in July that it was able to deliver only 20 commercial airplanes last quarter — the lowest number of commercial airplanes delivered in a quarter by Boeing since 1977. And 60 Boeing aircraft orders were canceled in last month, adding to the 150 orders canceled in March, 108 in April, and 18 more in May. Boeing s customer base, airlines, have been among the hardest hit by the pandemic. The nosedive in demand for air travel has forced carriers to move thousands of jets into storage, leaving the airlines to bleed tens of millions of dollars every day with no end in sight. That s left little appetite for buying new jets from aircraft manufacturers like Boeing. "The reality is the pandemic s impact on the aviation sector continues to be severe," Calhoun, Boeing s CEO, said in his letter to employees Wednesday. "While there have been some encouraging signs, we estimate it will take around three years to return to 2019 passenger levels." But Boeing was already on rocky ground before the pandemic hit because of the 737 Max crisis.The company said Wednesday it has "made steady progress toward he safe return to service of the 737, including completion of FAA certification flight tests" last quarter. But, the pandemic has prevented Boeing executives from traveling abroad and holding the meetings it needs to regain international approval for the jet. Executives told investors Wednesday that Boeing has more than 457 of the jets sitting in inventory, and the company is planning to produce them at "very low rates for the remainder of 2020." Boeing previously said it expects the 737 Max troubles to cost the company a total of about $19 billion. Still, Boeing has more than 4,500 orders in its backlog — enough to keep its factories working for years to come. But the June results mean Boeing has 843 canceled or uncertain orders in 2020, compared to only 59 new orders.The company counted only one new sale last month: a 767 freighter destined for FedEx (FDX). Thanks to a surge in e-commerce orders and demand for hauling medical equipment across the globe, cargo carriers have proved to be the sole bright spot in the airline industry. To help ease the financial pressure, Calhoun said the company has temporarily stopped paying investor dividends, halted its stock buyback program, cut spending and costs, and taken on $25 billion in debt. "The diversity of our portfolio and our government services, defense and space programs provide some stability in the near term as we take these tough but necessary steps," Calhoun said of Boeing s planned job cuts. Boeing is able to reduce staff because it chose not to accept grants and loans via the CARES Act, though the company had previously said it needed a $60 billion bailout to survive the pandemic. The government barred companies that accepted CARES Act funds from cutting jobs at least until October. Major US airlines, however, did accept CARES Act funding. But those funds are quickly drying up, and carriers are now warning tens of thousands of airline workers may lose their jobs when the layoff ban is lifted in October. CNN Business Chris Isidore and CNN s Gregory Wallace contributed
Google (GOOGL) will let employees work from home until at least July 2021, a company spokesperson said on Monday. The company had previously said most employees would be working remotely through the end of 2020, with some employees being allowed back into the office sooner. But the decision to extend the remote work policy well into next year indicates that one of the world s largest tech companies is bracing for a long pandemic — and could prompt other businesses to follow suit. In a memo to employees, a copy of which was obtained by CNN Business, Google CEO Sundar Pichai said the company has reopened 42 offices around the world. "To give employees the ability to plan ahead, we ll be extending our global voluntary work from home option through June 30, 2021 for roles that don t need to be in the office," Pichai wrote. "I hope this will offer the flexibility you need to balance work with taking care of yourselves and your loved ones over the next 12 months." The tech industry has led the charge on remote work during the coronavirus crisis, with companies including Twitter and Facebook saying they plan to allow some employees to continue working remotely indefinitely.
Actors, activists and performing arts organizations are staging a 48-hour protest over the platform s handling of anti-Semitic posts over the weekend by a popular British rapper. Wiley, who has been described as the godfather of grime music, posted a string of anti-Semitic comments on his Twitter and Instagram late last week. Although some of the posts were blocked and removed, UK government officials and other public figures blasted both platforms for leaving other posts up for too long and for not doing enough overall to stop anti-Semitism. Wiley, who was honored with an Order of the British Empire award by Prince William in 2018 for his contributions to music, has now been temporarily locked out of his Twitter (TWTR), Facebook (FB) and Instagram accounts."There is no place for hate speech on Instagram. We have deleted content that violates our policies from this account and have blocked access to it for seven days," a Facebook spokesperson said in a statement. A Twitter spokesperson said the platform had taken swift action, blocking certain tweets and also locking Wiley out of his account. "Abuse and harassment has no place on Twitter and we strongly condemn it," the spokesperson said in a statement. "Our Hateful Conduct Policy prohibits the promotion of violence against -- or threats of attack towards -- people on the basis of certain categories such as religious affiliation, race and ethnic origin, and it is also against the Twitter rules to use hateful imagery." "We enforce our rules judiciously and impartially for all and take action if an account violates our rules," the Twitter spokesperson added. But UK Home Secretary Priti Patel accused the companies of acting too slowly to take down the hate speech. "The antisemitic posts from Wiley are abhorrent," she said in a tweet on Sunday. "They should not have been able to remain on Twitter and Instagram for so long and I have asked them for a full explanation. Social media companies must act much faster to remove such appalling hatred from their platforms." On Twitter, #NoSafeSpaceForJewHate and #48HoursSilence were trending on Monday as many prominent accounts encouraged others to join the digital "walkout." "We are joining the #48HoursSilence boycott of @Twitter to protest their inaction on antisemitism. We stand in solidarity with Jewish friends and colleagues against intimidation and discrimination. #NoSafeSpaceForJewHate," the Royal Opera House and the Royal Academy accounts tweeted."Harry Potter" actor Jason Isaacs posted: "I m in. Or out, rather. I m so used to antisemitic hatred, caricature and conspiracy theories from governments, looneytunes, the left, right and reasonable middle that I long ago lost hope for change online or in life. Maybe there s a window." Wiley s management company announced it was severing its relationship with the rapper on Saturday. His manager John Woolf tweeted: "Following Wileys antisemitic tweets today we at @A_ListMGMT have cut all ties with him. There is no place in society for antisemitism." Like other European countries, the UK government has been stepping up its pressure on internet platforms to act faster to remove hate speech. In March it announced that broadcast media regulator OfCom would be tasked with enforcing and regulating internet platforms to protect users from "harmful and illegal content" with "fair, proportionate and transparent" penalties.
This holiday season will see a showdown between new consoles from two of the biggest names in gaming: Sony and Microsoft. The companies have now given plenty of detail on their new consoles, Sony s PlayStation 5 and Microsoft s Xbox Series X. Both are coming this holiday season, though specific release dates and pricing have yet to be announced. CNN Business took a look at how these two hotly anticipated releases compare, from the technical specifications of the consoles to their designs and business strategies. We also spoke to Xbox following Thursday s games showcase to discuss the next generation of consoles. Tech specs When it comes to the processor, the Xbox Series X is slightly more powerful than the PlayStation 5, though the difference is unlikely to have a large impact on the gaming experience. The new Xbox s processor, also known as a CPU, can go up to marginally faster clock speeds at 3.8 Gigahertz compared to the PS5 s 3.5 Gigahertz. But those are just the numbers, so it remains to be seen how that plays out in performance. When it comes to the graphics, Microsoft appears to have the slight advantage -- at first. Graphics processing units, commonly known as GPUs, render game graphics. In general, the more processing power a console s GPU has, the better a game will look. Xbox has 1.7 more teraflops, a unit of measuring computing speed, on its GPU than PlayStation does. But before we write off Sony, it should be noted that the PlayStation has some differences in its GPU architecture that might translate into better graphics performance than it first appears. So we will only know how all those numbers impact the visual experience when we see how the graphics look on various games. The Xbox Series X wins out on internal storage. Xbox has 1 terabyte of internal storage compared to PlayStation s 825 GB. Any gamer will tell you that running out of storage on a console can be a hassle. But both console makers have cloud gaming solutions now — PlayStation Now and Project xCloud — and if more players rely on the cloud, storage will become less important.Sony does have one advantage. The PS5 can push through data at 5.5 GB per second, compared to the Xbox Series X, which works at 2.4GB per second. That could mean marginally faster load times, and less time spent on a loading screen. Both consoles are evenly matched elsewhere. They each have 16 GB of memory and support 4K and 8K resolution gaming. And when it comes to the latest flashy technology, both Sony and Microsoft have worked to incorporate ray-tracing, a technology that makes light and shadow look better in-game, and offer 3D audio for more immersive sound. While both consoles support 8K resolution gaming, most people don t own an 8K compatible television and most developers don t currently optimize games for 8K resolution. Sony and Microsoft built these consoles with 8K support to plan for the future. But the 8K TVs currently available are pricey, with a 55-inch Samsung model going for $2,499. Sony and Samsung have 98-inch 8Ks for $60,000. "When we designed the Xbox Series X... we designed it with the next seven to 10 years in mind," Jason Ronald, the director of program management for the Xbox Series X, told CNN Business. "So we ve absolutely designed the system to be able to do 8K." Business strategy In the current generation of consoles, Sony s PlayStation 4 has vastly outsold the Xbox One. Both were introduced in 2013, and since then PS4 consoles have sold 109 million units as of early 2020. While sales of the Xbox One aren t disclosed, it is estimated to have sold around 49 million units, according to Ampere Analysis. Nintendo, which releases consoles on its own schedule and whose Switch console is earlier in its product life cycle, surpassed Xbox One in lifetime sales, selling 53 million units by early 2020, despite coming out four years later. A lot of this boils down to content. Sony and Nintendo have compelling games that only can be played on their own consoles, locking fans of these franchises into their ecosystems. Some Nintendo franchises, such as "Super Mario" and "Pokemon," rarely come to other platforms and if they do, it s mobile, rather than console, versions of the games. Sony revs up fans every generation with a new set of PlayStation exclusives. Many Xbox titles, however, are released simultaneously for Xbox and PlayStation, meaning Sony fans don t need to migrate outside their preferred ecosystem to play them. Ampere Analysis games research director Piers Harding-Rolls predicts Sony will outsell Microsoft again, reaching 66 million consoles sold by the end of 2024, compared to an estimated 37 million for the Series X. His estimates are based on previous sales data and taking Sony and Microsoft strategies into account. Sony is continuing to rely on big exclusive games. "Sony is focused on pushing exclusives for PS5 to sell hardware and is remaining more traditional in its approach," Harding-Rolls told CNN Business, "It is looking to expand its audience through PlayStation Now, but it is far less aggressive in its approach compared to Microsoft with Xbox Game Pass." Microsoft is focused on selling games as a service, in hopes that gamers will purchase a monthly subscription to its Xbox Game Pass, which offers access to hundreds of games and starts at $9.99 a month. Microsoft said that all the new games it showed on Thursday will be available through the Game Pass. It s also promising that users won t need to upgrade to the next-generation console to play many games, as many games will be backwards compatible with the previous generation. And if players want to go on mobile, Project xCloud supports that. Ronald, the Xbox Series X director, said the company is "really focusing on the player and not trying to force the player to upgrade to an individual device or to make things exclusive to this device or that device." He added, "I think it s what really differentiates us from the competition." Ronald estimates that Xbox pivoted to focus more closely on the gamer than on the device around the time Phil Spencer became head of Xbox in 2014, a year after the Xbox One was released. It s a vastly different approach than Sony s, which is to market a new round of exclusives, including the forthcoming "Spider-Man: Miles Morales," as exclusive for the PS5. Sony declined to comment for this article. Xbox has a strong value proposition in offering hundreds of games for a low rate per month with its Game Pass subscription — if it can convey that value to its audience. "Microsoft in general struggles with marketing entertainment products. They are much more comfortable marketing tech specs to an IT crowd that does really care about those things. Unfortunately, that is a small fraction of the console buyer," said David Cole, an analyst at research firm DFC Intelligence. Some consumers may simply wait to see if the consoles are worth the upgrade. And the impact of the pandemic on many people s income could influence the decision. "There will be a lot of gamers happy to get by on their current consoles until they re forced to upgrade to play the newest release of a beloved series," said Laine Nooney, assistant professor and historian of video games at New York University.
Twitter (TWTR) has removed thousands of accounts linked to QAnon, a group known for spreading conspiracy theories and disinformation online. "We ve been clear that we will take strong enforcement action on behavior that has the potential to lead to offline harm," Twitter s safety team said late Tuesday in a tweet. "In line with this approach, this week we are taking further action on so-called QAnon activity across the service." More than 7,000 accounts have been removed in the last several weeks, according to Twitter. It also expects that additional actions it is taking to limit the reach of QAnon activity on its platform could affect 150,000 accounts worldwide. QAnon began as a single conspiracy theory. But its followers now act more like a virtual cult, largely adoring and believing whatever disinformation the conspiracy community spins up. Its main conspiracy theories claim dozens of politicians and A-list celebrities work in tandem with governments around the globe to engage in child sex abuse. Followers also believe there is a "deep state" effort to annihilate President Donald Trump. "We will permanently suspend accounts Tweeting about these topics that we know are engaged in violations of our multi-account policy, coordinating abuse around individual victims, or are attempting to evade a previous suspension — something we ve seen more of in recent weeks," Twitter said. Twitter s multi-account policy prohibits coordinating with others to artificially engage or amplify conversations. There s no evidence that any of what QAnon claims is factual. Followers make unfounded claims and then amplify them with doctored or out-of-context evidence posted on social media to support the allegations.The anarchical group s birth, and its continued seepage into mainstream American life, comes on the coattails of the Russian disinformation campaign that targeted US elections in 2016. While the Russian campaign had an apparent objective — influence voters to elect Trump — QAnon is decentralized, having no clear objective aside from its popular slogan, "Question everything." Anyone can create a conspiracy, offer evidence to support it and tag it with QAnon hashtags to spread it. But no one is held responsible for the trail of chaos and disinformation it leaves behind. Twitter said it will also no longer serve content associated with QAnon in its Trends section and recommendations, prevent it from being highlighted in searches and block URLs associated with QAnon from being shared on Twitter. "These actions will be rolled out comprehensively this week," the company said. "We will continue to review this activity across our service and update our rules and enforcement approach again if necessary." At least three GOP candidates have been sympathetic or supportive of QAnon: Jo Rae Perkins, a candidate for a US Senate seat in Oregon; Marjorie Taylor Greene, a Congressional candidate for Georgia s 14th district seat; and Lauren Boebert, who beat a Trump-backed, five-term incumbent during primary elections to become a candidate for Colorado s 3rd district.Twitter has been taking more aggressive action against disinformation on its platform in recent months, placing warning labels on a post by President Trump about mail-in ballots and another during a protest where he said "looting" would lead to "shooting." Facebook, which came under fire for not taking action against those posts, began adding labels to some of Trump s more recent posts. But rather than attempt to fact-check the posts as true or false concerning claims about mail-in voting, the labels direct users to a government website to learn more about how to vote. And while Twitter has implemented several policy changes to crackdown on misinformation, enforcing them could be a challenge and only have a limited impact on preventing the group s conspiracy theories from spreading. QAnon followers are active on Facebook, Reddit, YouTube and other darker corners of the internet.
French Finance Minister Bruno Le Maire told France Info radio on Tuesday that France would not ban China s Huawei from investing in the country, in contrast to Britain which has decided to purge the firm s equipment from its 5G network by 2027. Le Maire nevertheless condemned China s alleged abuses against the country s minority Muslim population. U.S. Secretary of State Mike Pompeo took fresh aim at China last week, saying the United States would impose visa restrictions on Chinese firms such as Huawei that he accused of facilitating human-rights violations.
Billionaires Elon Musk, Jeff Bezos and Bill Gates are among many prominent US figures targeted by hackers on Twitter in an apparent Bitcoin scam. The official accounts of Barack Obama, Joe Biden and Kanye West also requested donations in the cryptocurrency. "Everyone is asking me to give back," a tweet from Mr Gates account said. "You send $1,000, I send you back $2,000." Twitter said it was a "co-ordinated" attack targeting its employees "with access to internal systems and tools". "We know they [the hackers] used this access to take control of many highly-visible (including verified) accounts and Tweet on their behalf," the company said in a series of tweets. It added that "significant steps" were taken to limit access to such internal systems and tools while the company s investigation was ongoing. Meanwhile, Twitter chief executive Jack Dorsey tweeted: "Tough day for us at Twitter. We all feel terrible this happened." One cyber-security expert said that the breach could have been a lot worse in other circumstances. "If you were to have this kind of incident take place in the middle of a crisis, where Twitter was being used to either communicate de-escalatory language or critical information to the public, and suddenly it s putting out the wrong messages from several verified status accounts - that could be seriously destabilising," Dr Alexi Drew from King s College London told the BBC. Emergency response Twitter earlier had to take the extraordinary step of stopping many verified accounts marked with blue ticks from tweeting altogether. Password reset requests were also being denied and some other "account functions" disabled. By 20:30 EDT (00:30 GMT Thursday) users with verified account started to be able to send tweets again, but Twitter said it was still working on a fix. Image Copyright @jack@JACK Report Dmitri Alperovitch, who co-founded cyber-security company CrowdStrike, told Reuters news agency: "This appears to be the worst hack of a major social media platform yet." On the official account of Mr Musk, the Tesla and SpaceX chief appeared to offer to double any Bitcoin payment sent to the address of his digital wallet "for the next 30 minutes". "I m feeling generous because of Covid-19," the tweet added, along with a Bitcoin link address. The tweets were deleted just minutes after they were first posted. But as the first such tweet from Musk s account was removed, another one appeared, then a third. Others targeted included: the rapper Kanye West reality TV star Kim Kardashian West former US President Obama former US Vice-President Joe Biden, who is the current Democratic presidential candidate media billionaire Mike Bloomberg the ride-sharing app Uber the iPhone-maker Apple The Biden campaign said Twitter had "locked down the account within a few minutes of the breach and removed the related tweet". A spokesman for Bill Gates told AP news agency: "This appears to be part of a larger issue that Twitter is facing." Instagram message The BBC can report from a security source that a web address - cryptoforhealth.com - to which some hacked tweets directed users was registered by a cyber-attacker using the email address email@example.com. The name "Anthony Elias" was used to register the website, but may be a pseudonym - it appears to be a play on "an alias". Cryptoforhealth is also a registered user name on Instagram, apparently set up contemporaneously to the hack. What is Bitcoin? How do crypto-currencies work? The description of the profile read "It was us", alongside a slightly smiling face emoticon. The Instagram profile also posted a message that said: "It was a charity attack. Your money will find its way to the right place." In any case, the real identities of the perpetrators are as yet unknown. These "double your Bitcoin" scams have been a persistent pest on Twitter for years but this is unprecedented with the actual accounts of public figures hijacked and on a large scale. The fact that so many different users have been compromised at the same time implies that this is a problem with Twitter s platform itself. Early suggestions are that someone has managed to get hold of some sort of administration privileges and bypassed the passwords of pretty much any account they want. With so much power at their fingertips the attackers could have done a lot more damage with more sophisticated tweets that could have harmed an individual or organisation s reputation. But the motive seems to be clear - make as much money as quickly as they can. The hackers would have known that the tweets wouldn t stay up for long so this was the equivalent of a "smash and grab" operation. There are conflicting accounts of how much money the hackers have made and even when a figure is settled upon, it s important to remember that cyber-criminals are known to add their own funds into their Bitcoin wallets to make the scam seem more legitimate. Either way, it s going to be very hard to catch the criminals by following the money. Law enforcement, as well as many angry users, will have some strong questions for Twitter about how this could have happened. Cameron Winklevoss, who was declared the world s first Bitcoin billionaire in 2017 along with his twin brother Tyler, tweeted a message on Wednesday warning people not to participate in the "scam". In the short time it was online, the link displayed in the tweets of targeted accounts received hundreds of contributions totalling more than $100,000 (£80,000), according to publicly available blockchain records. The Twitter accounts targeted have millions of followers Last year, Twitter chief executive Jack Dorsey s account was hacked, but the company said it had fixed the flaw that left his account vulnerable. Dr Drew recently co-authored a paper warning about the potential of Twitter being used to sow disinformation. She said the latest incident highlighted the need for all major social media platforms to check their security measures, particularly in the run up to the US Presidential vote. "Social media companies such as Twitter and, Facebook all have a duty to consider the damage and influence their platforms can have on the 2020 election, and I think some companies are taking that more seriously than others," she told the BBC. "Twitter actually has a good history of being forward-thinking and proactive in this space. "But whatever the source of this attack [it seems they have] still not done enough." The FBI s San Francisco field office put out a statement on Wednesday about the latest cyber-breach. "The accounts appear to have been compromised in order to perpetuate cryptocurrency fraud," it said. "We advise the public not to fall victim to this scam by sending cryptocurrency or money in relation to this incident."
Amazon has warned its wireless earphones may be at risk of overheating and is urging customers to update their software, to make them safe. Customers were sent an email on Wednesday, saying in “very rare cases” Echo Buds could overheat in their charging case. Amazon said it had released a software update to fix the issue "out of an abundance of caution". “The safety of our customers is our top priority,” it said. Amazon would not say if this meant the earphones could catch fire or explode, but did disclose that its investigation had been prompted by a concerned customer getting in touch. Amazon said owners would automatically receive the update when the Echo Buds were connected via Bluetooth to a mobile phone and the Alexa app. It also said if the Echo Buds were a gift, the customer should alert the recipient immediately. The earbuds are still for sale on the Amazon site but labelled as "out of stock" until late August. Scorching-hot hacked computer burned my hand Washing machine danger revealed as recall launched The details of the email were shared by Daniel Bader, managing editor at the Android Central technology blog. “We are writing to inform you about an important software update for your Echo Buds,” the email said. “We recently determined that in very rare cases it is possible for Echo Buds to overheat while in the charging case." The email also said the same software update "improves the long-term performance of Echo Buds batteries". Many brands of wireless earbuds have their own battery inside the case, which automatically charges the earbuds when they are placed inside. Battery heat is often given out by devices while charging but usually stays within strict safety limits. Amazon did not say if the heat problem was caused by overcharging or any other specific issue within the battery case.
The United Kingdom has banned Huawei from its 5G telecom network, reversing a January decision to allow the embattled Chinese tech company a limited role in building the country s super-fast wireless infrastructure. Operators such as BT (BTGOF) and Vodafone (VOD) have been given until 2027 to remove existing Huawei equipment from their 5G networks, the UK government announced on Tuesday. Digital and Culture Minister Oliver Dowden said new US sanctions imposed on the company in May had "significantly changed" the landscape. "Given the uncertainty this creates around Huawei s supply chain, the UK can no longer be confident it will be able to guarantee the security of future Huawei 5G equipment," Dowden said. The decision is a big win for the Trump administration, which has been pushing allies to exclude Huawei from their 5G networks, arguing that the Chinese company is a threat to national security. US Secretary of State Mike Pompeo declared last month that "the tide is turning against Huawei as citizens around the world are waking up to the danger of the Chinese Communist Party s surveillance state." But it risks a backlash from China as Britain looks for new trading opportunities around the world after Brexit, and will delay the rollout of 5G across the country by at least a year, Dowden said. The US campaign against Huawei was having mixed success until the new sanctions in May further reduced the company s ability to manufacture and obtain semiconductor chips using American-made technology. That triggered another UK security review of the company s involvement in the British network, leading to Tuesday s decision by the National Security Council to order the phased removal of its technology. The decision is a huge blow for Huawei, which has operated in Britain for 20 years. Europe is a key market for the company, accounting for 24% of sales last year. Huawei on Monday announced half year results earlier than usual, reporting slower revenue growth. The company is already experiencing a decline in smartphone sales, after Washington blocked it from accessing popular Google apps. The phones became a lot less attractive in markets outside of China as a result. Huawei said it was confident that the recent US sanctions would not have affected "the resilience or security" of its products and described the UK announcement as disappointing. "It threatens to move Britain into the digital slow lane, push up bills and deepen the digital divide," said Ed Brewster, a spokesperson for Huawei UK. "Regrettably our future in the UK has become politicized, this is about US trade policy and not security." The US sanctions restrict companies like TSMC (TSM), a Taiwan-based firm, from exporting computer chipsets and other key components to Huawei. Without them, Huawei can t build 5G base stations and other equipment. "Based on the current direct export rule that the US put on, I really think that Huawei s 5G equipment business is in grave danger," Jefferies analyst Edison Lee said last month. UK Prime Minister Boris Johnson had faced mounting pressure from lawmakers within his own party, along with the Trump administration, which argues that the Chinese government could use Huawei for spying and even sabotage. Washington had warned that US-UK intelligence sharing and military collaboration could be put at risk if Britain went ahead with its plan. Under Chinese law, Chinese companies can be ordered to act under the direction of Beijing. Huawei has consistently denied that it would help the Chinese government to spy, and says it is "100% owned by employees." Speaking early Tuesday before the UK announcement, China s Foreign Ministry repeated a previous warning by its ambassador that the decision would have consequences for the wider relationship between the two countries. "Whether the UK can provide an open, fair and non-discriminatory business environment for Chinese companies ... is a litmus test for British markets after Brexit, and it is also an indicator for China s investment in the UK," foreign ministry spokesperson Zhao Lijian said. Ban will cause delays and cost billions Huawei had lobbied hard to persuade the UK government it was a trustworthy partner, launching an advertising campaign last month emphasizing its history of investment and job creation in the country. This month, it announced that it had received approval to build a sprawling $1.25 billion research facility in Cambridge. Huawei is already an integral part of Britain s existing 4G infrastructure, and telecom operators will not be required to swap out the company s equipment in those networks. The Chinese company s European rivals said they were ready to fill the 5G void left by Huawei. Nokia (NOK) said in a statement that it has the "capacity and expertise to replace all of the Huawei equipment in the UK s networks at scale and speed." Arun Bansal, Europe and Latin America president for Ericsson (ERIC), said in a statement that the Swedish company "has the technology, experience and supply chain capacity," to help the United Kingdom reach its 5G goals. Nonetheless, the UK will pay a hefty price for kicking out Huawei. The government said Tuesday that the cumulative delay to 5G networks from the ban on new Huawei equipment and replacing its existing technology would be two or three years, at a total cost of as much as £2.5 billion ($3.1 billion). That means British consumers and businesses will have to wait longer, and possibly pay more, for the services that the extra bandwidth can support, such as self-driving cars and advanced manufacturing and healthcare applications. "Obviously we are disappointed because this decision — as the government has highlighted today — will add delay to the roll out of 5G in the UK and will result in additional costs for the industry," a Vodafone spokesperson said. BT CEO Philip Jansen said his company would be able to make the required changes without a significant impact on its timetable for 5G rollout. The implementation costs would be no higher than the £500 million ($627 million) BT estimated in January it would cost to comply with the previous UK decision to limit Huawei s role.
The coronavirus pandemic will get "worse and worse" if governments fail to take more decisive action, the World Health Organization (WHO) has warned. Director general Dr Tedros Adhanom Ghebreyesus said "too many countries [were] headed in the wrong direction". Cases were rising where proven measures were not adopted or followed, he added. The Americas are the current epicentre of the pandemic. The US has seen a rise in cases amid tensions between health experts and President Donald Trump. The US, the worst affected country, has over 3.3 million confirmed cases and more than 135,000 deaths, according to Johns Hopkins University. What has the WHO said? At a briefing in Geneva on Monday, Dr Tedros said "mixed messages from leaders" were undermining public trust in attempts to bring the pandemic under control. "The virus remains public enemy number one, but the actions of many governments and people do not reflect this," he said. Dr Tedros said measures such as social distancing, hand washing, and wearing masks in appropriate situations needed to be taken seriously, warning that there would be "no return to the old normal for the foreseeable future". "If the basics aren t followed, there is only one way this pandemic is going to go," Dr Tedros said, adding: "It s going to get worse and worse and worse." Who should wear a face mask or face covering? Where are the world s Covid-19 hotspots? Dr Mike Ryan, the WHO s emergencies director, said the easing of some lockdown measures in the Americas and the opening up of some areas had led to "intense transmission". Latin America has confirmed more than 145,000 coronavirus-related deaths, though the number is believed to be higher because of insufficient testing. Half of the deaths were in Brazil, where President Jair Bolsonaro has opposed strict measures to curb the spread of the virus. Dr Ryan said closing down large regions would have huge economic consequences, but that local lockdowns in specific places might be necessary to mitigate the spread of the virus. He urged governments to implement clear and "strong" strategies, adding: "Citizens have to understand, and it has to be easy for them to comply." What about a vaccine, or immunity? "We need to learn to live with this virus," Dr Ryan said, warning that expectations that the virus could be eradicated, or that an effective vaccine could be ready, within month were "unrealistic". He said it was not yet known whether recovering from the coronavirus would lead to immunity, or, if it did, how long that immunity would last. A separate study released on Monday by scientists at King s College London suggested that immunity to the virus may be short-lived. Scientists at the college studied 96 people to understand how the body naturally fights off the virus by making antibodies, and how long these last in the weeks and months after recovery. However, while almost all of those who participated had detectable antibodies that could neutralise and stop coronavirus, levels began to wane over the three months of the study. At the WHO briefing, health experts also said there was evidence to suggest that children under the age of 10 were only very mildly affected by Covid-19, while those over 10 seemed to suffer similar mild symptoms to young adults. To what extent children can transmit the virus, while it appears to be low, remains unknown.
Eye-tracking technology has helped people with medical conditions like autism, traumatic brain injuries and ALS, or amyotropic lateral sclerosis, communicate with others. Swedish start-up Tobii Technology, a global leader in the transformative field of eye tracking, offers those kinds of devices not just for medical use but also for gamers, who utilize the technology to detect where they are looking while playing fast-paced games like "Fortnite" and "League of Legends." In June, Tobii released the Tobii Eye Tracker 5, which costs $229 and has improved recalibration. It uses an algorithm for tracking the eye s patterns with a camera, enabling the software to pinpoint the direction of a subject s gaze, and over time, patterns of behavior. It can track players eyes and the direction of their heads, helping them determine where their blind spots are. "If we lose your gaze, then we are much, much faster in finding your eyes again," which helps with games such as "Counter-Strike: Global Offensive" and others, Martin Lindgren, head of gaming at Tobii, told CNN Business. The company reported revenue of $163 million in 2019, up 9% from the previous year, after currency adjustments. To set up the Tobii Eye Tracker 5, the device, which includes a series of sensors and two cameras, must be either magnetically attached or mounted onto a monitor with its USB cable plugged in. It will register your gaze by asking you to stare at specific points on the screen. I was able to give the technology a try. I wanted to improve my gaming skills, and I knew my slow eye movements were hindering that effort. I ran into some initial setup issues. The adhesive and the magnetic strip on the tracker were not strong enough so it kept falling off my monitor. Once I finally got started, I tested out Tobii s first feature aimed at helping people improve their gaming skills, its integration with Mobalytics, a gamer training app for "League of Legends." Mobalytics uses the data fed from Tobii s eye tracker to determine if the user (in this case, me) stares too long at the same spot on a screen, whether I m aware of my surroundings and what enemies may be lurking and how much information I can absorb. Just connecting an eye tracker to a game is enough to improve my gameplay, I found, even by a small margin. When you gaze at the screen with the eye tracker, a bubble representing your focal point floats across the screen. That bubble was distracting at first, but I grew accustomed to it, as it flit around the screen and reminded me to keep my eyes peeled for action, encouraging me to play better. A few snafus aside, Tobii s eye tracker did its job. I won more games and my character died less often. Eye-tracking in esports Professional esports players already use eye-tracking technology, taking the raw data and interpreting it to create more effective strategies at trying to win tournaments. Their eye data is on a whole other level. Lindgren said that esports athletes are at the same performance level as traditional sports athletes, if judged by how quickly their eyes move. "The fastest guys in sports are ice hockey goalies. They have incredibly fast reaction times because they re getting pucks shot at them at very fast speeds. So it s them and the [pitchers] in baseball," said Lindgren. "When we measure esports athletes, they have been just as fast, or in some cases, faster, with their eyes." Tobii has already been used in competitive play with games such as "Counterstrike" and "PlayerUnknown s Battlegrounds," but it s still adding more titles for both pro and casual play. "Watchdogs: Legion," coming from Ubisoft later this year, is another title that will support Tobii s eye tracking. "We ve only really scratched the surface of the possibilities, even though we ve done this a few years now," said Lindgren. "But there s lots of stuff that we can do better."
When Butterfly Network first began rolling out its handheld ultrasound scanners in 2018, much of the focus was on providing tools to parts of Africa and Latin America, where access to large and more traditional ultrasound machines was far more restricted. But two years later, a technology that was positioned to help the developing world may find a new use in the United States as hospitals adapt to the new challenges of the coronavirus pandemic. Getting an ultrasound examination can be a long process that usually entails a visit to the hospital and the use of equipment worth tens of thousands of dollars. And while ultrasounds can help in the treatment of the coronavirus by scanning a patient s lungs, getting patients to an exam room risks exposing others to the virus and further straining an already overstressed healthcare system. That s where Butterfly Network s device and others like it could help. The Butterfly iQ consists of a handheld probe similar to the one attached to traditional ultrasound machines, but instead is attached to a cable that connects to a smartphone or tablet through its charging port. Doctors can then view the images on the screen through Butterfly s app. "I don t need to transport that patient to another area of the hospital for additional imaging and exposure to additional staff and potentially patients along the way," said Mike Stone, a Portland-based emergency physician and Butterfly Network s director of education. "The fact that I can bring a handheld ultrasound system that plugs into a phone into a room, do the exam I need, get the information I need, walk out and disinfect a phone and a probe — compared to wheeling in a cart with three different probes on it, doing that same exam, getting that same information ... it s really night and day," he added. The Butterfly iQ is one of several products trying to streamline the process. Companies such as GE and Philips, as well as some smaller firms, are also building tools that allow doctors to carry ultrasound devices in their pockets. While there may be limitations and some tradeoffs in quality, some doctors believe the benefits are clear. "The image quality may not be great, but the image quality is there, it can communicate the message that I m trying to see," said Jagat Narula, director of the cardiovascular imaging program at New York s Mount Sinai hospital system. "And if I m going to do a point of care ultrasound on the bedside of a patient, it would give me almost everything that I require." Narula is not affiliated with Butterfly Network and has only done a brief demo of the Buttefly iQ, though he said he regularly uses similar products from Philips and GE. The coronavirus has opened up a new front in the technology s use, allowing doctors to conduct lung scans much faster and with minimal exposure to the virus. Butterfly Network has previously attracted high-profile investors including financial services firm Fidelity and the Bill and Melinda Gates Foundation, which took part in a $250 million fundraising round in 2018 that valued the company at $1.25 billion. Butterfly says its handheld devices are used by thousands of hospitals around the world, and earlier this year it signed a deal with North Carolina-based hospital network Atrium Health to deploy them at dozens of hospitals in the US.It s another example of hospitals turning to newer technologies as they deal with the coronavirus, from virtual reality training for doctors to two-way video calling devices for providers to check in with patients and even drones to deliver personal protective equipment. Portable ultrasound treatment, despite some limitations on the kinds of tests it can do, is "relatively inexpensive, lightweight, and portable [and] compares favorably to the physical exam," according to an analysis last year published by the American College of Cardiology. Handheld devices also cost much less than traditional ultrasound machines. The ones sold by Butterfly, GE and Philips range in price from around $2,000 to $5,000, whereas traditional devices can cost tens or even hundreds of thousands of dollars, according to Narula. There are some limitations to the kind of functions the smaller devices can perform. The Butterfly iQ is currently equipped for 19 different types of scans and tests, which don t include some of the more complex tests a traditional ultrasound machine can do. A "major" limitation, according to Narula and the ACC analysis, is the inability to perform the spectral Doppler test used to identify some more acute heart conditions. Stone says Butterfly Network does not aim to replace traditional ultrasound machines altogether. "We re not trying to make the Butterfly iQ compare with a $200,000 ultrasound system," Stone said. He also stressed that the device is not capable of diagnosing the coronavirus on its own — patients would still need a nasal swab test for that. What ultrasound can do is identify signs of stress in the lungs that can ensure more targeted and faster treatment.Despite their limitations, handheld ultrasound machines can be an effective substitute for many common scans, ensuring that larger machines can be used to treat only the most critical cases, Narula says. He estimates that handheld machines can help rule out the need for 70% of patients to get a test done in the lab. "So I ll be able to optimize my testing," he said. While the pandemic may help with wider adoption of the devices, Stone says the technology s applications both precede coronavirus and will continue after the pandemic is over. "You can scan close to the entire body," he said. "We were using lung sonography to look at patients with shortness of breath and chest pain far before Covid and we ll be using it to look at them long after Covid has hopefully been handled."
China s largest semiconductor maker could raise as much as $7.5 billion this year by listing its stock in Shanghai — a move that could deliver the Chinese mainland its largest share sale in a decade, and reduce the country s reliance on foreign chips. Semiconductor Manufacturing International Corporation (SMIC), which already trades in Hong Kong, said in a stock exchange filing last week that it wants to raise at least $6.6 billion. The bigger number would be hit if the company exercises an "over-allotment option" and issues additional shares in response to strong demand from investors. A $7.5 billion raise would make SMIC s offering the world s third biggest share sale this year, according to Dealogic. It would also be China s biggest offering on the mainland since Agricultural Bank (ACGBF) went public in 2010, according to data provider Refinitiv.The company is the largest chipmaker in China, pulling in 22 billion yuan ($3.1 billion) in revenue in 2019. SMIC was the fourth largest standalone chipmaker in the world in terms of sales in 2018, behind Taiwan Semiconductor Manufacturing Co. (TSM), GlobalFoundries and United Microelectronics Corporation, according to IC Insights. But ranked among all semiconductor suppliers — including huge players like Intel (INTC) and Samsung (SSNLF) — the Chinese firm isn t even among the world s top 10. SMIC, whose major shareholders are state-owned companies, said in its prospectus that it wants to use the money to invest in technology and catch up with its global competitors. A listing in Shanghai suggests that SMIC thinks it can best grow by relying on Chinese investors. The company used to trade on the New York Stock Exchange, but delisted a little over a year ago, citing low trading volume. And in the weeks since it announced plans to list in mainland China, it has raised more than $2 billion from state-backed development funds. SMIC hasn t yet said when it will start trading, but it plans to list shares on China s Star Market — a Nasdaq-style stock market that launched a year ago. A persistent gap Much of China s supply of chipsets comes from foreign companies, which power everything from Chinese smartphones and computers to telecommunications gear. Last year the country imported $306 billion worth of chips, or 15% of the value of the country s total imports, according to government statistics. Beijing has pledged to improve its chipmaking technology and match the industry s most advanced leaders by 2030. Through its Made in China 2025 initiative, the country is trying to compete with the United States in developing the technologies of the future.Analysts say that SMIC still has a long way to go to be a global competitor, though. "SMIC currently lags behind TSMC in technology by about five years, and we believe the gap will persist over the next five years," Citi analysts wrote in a research report last month. TSMC and Samsung, for example, have the ability to produce tiny chipsets that can pack more technology into a smaller space, analysts from Jefferies wrote in a recent research note. In its prospectus, SMIC admitted that it has to narrow the gap with global leaders, adding that it has to spend more on research and development to do so. Huawei sanction risks The Chinese chipmaker also faces risks as US-China tensions escalate, spilling over into everything from national security and trade to technology. SMIC uses American-made software and equipment to create its chips, which it then supplies to other companies — including embattled Chinese tech firm Huawei. But in May, the US Commerce Department announced a rule restricting companies from exporting computer chipsets and other key components to Huawei if those firms use American equipment to make them."SMIC will definitely be required by the new US rule to obtain an export license from the US before being able to make any ... chipsets for Huawei," according to the Jefferies analysts. "It would, in our view, be unimaginable for SMIC not to comply with the new rule as it would risk being cut off from further supplies of US semi equipment and access to US software." The chipmaker warned in its prospectus that the US tech restrictions could create obstacles preventing it from providing products and services to its clients, though it did not mention any names. Trade frictions and diplomatic disputes between China and other countries could also affect the company s overseas supply of raw materials and equipment, SMIC added.
Egypt s Ministry of Health announced Saturday that it has begun following up on a national project to manufacture plasma derivatives, with the participation of the Arab Company for Drug Industries and Medical Appliances (ACDIMA) as a major shareholder alongside a Korean company, and the National Investment Bank. The announcement came during a meeting presided over by Health Minister Hala Zayed and Minister of Finance Mohamed Maait for the general assembly of the ACDIMA. Zayed discussed the assembly s work, the approval of the budget and the company s business lists, and approved her contribution to the project for collecting and manufacturing plasma derivatives. The ACDIMA is one of the country s strongest arms in meeting the drug market s needs for oncology and infant formula, and ensuring the availability of insulin is at 100 percent, she said. And on Sunday, Prime Minister Mostafa Madbouly held a meeting to follow up the latest developments in plasma derivative manufacturing, in the presence of the Minister of Health and the Minister of Planning and Economic Development. President Abdel Fattah al-Sisi has been closely following this project, Mabouly said, and explained that Egypt s Sovereign Wealth Fund will enter as a partner in this promising industry with a plot of land set aside to establish a factory. Egypt said in April that it has begun a trial using plasma taken from recovered coronavirus patients to treat severe cases. Plasma in the blood of recovered cases can contain antibodies. Egypt s therapy trial for injecting coronavirus patients with plasma taken from recovered cases has been a success, the Ministry of Health and Population announced in June. The trial therapy came as part of state efforts to help find a cure for the coronavirus disease. The plasma treatment was used on several critical cases in hospitals belonging under the Health Ministry. It showed promising initial results via a good recovery rate for patients, reducing the need for ventilators while increasing rates of recovery and hospital discharge. The Health Ministry implored those recovering from the coronavirus to go to the nearest blood transfusion center affiliated to the National Blood Transfusion Services of the Ministry of Health and Population 14 days after their recovery to donate their plasma.
is under a lot of pressure. Fresh US sanctions have cut off the Chinese tech company s access to vital American technology to a greater extent than ever before. Countries and mobile network operators around the world are now questioning whether Huawei will be able to deliver on its 5G promises. And rising anti-China sentiment in India and elsewhere is not helping matters. US Secretary of State Mike Pompeo declared last month that "the tide is turning against Huawei as citizens around the world are waking up to the danger of the Chinese Communist Party s surveillance state." Those remarks were "a bit pre-emptive," said Carisa Nietsche, a researcher at the Center for a New American Security, a Washington think tank.Pompeo lauded countries such as the Czech Republic, Poland and Estonia for "only allowing trusted vendors in their 5G networks." But Nietsche noted that many of those countries made up their minds last year, when they signaled they wouldn t work with Huawei. And European countries with much bigger economies, such as the United Kingdom, France and Germany, have yet to announce a total ban on Huawei. But there is "the beginning of a sea change in Europe," Nietsche said. European countries and mobile carriers are now worried that Huawei won t be able to provide 5G infrastructure as promised given the "massive hit to their business" from the new US export controls, she said. Huawei s 5G business in grave danger Huawei has been here before. Last year, the US government barred American firms from selling tech and supplies to the Shenzhen-based company without first obtaining a license to do so. Huawei stockpiled inventory and found alternative suppliers, and as a result, continued doing brisk business despite the US ban. The company s overseas smartphone sales took a hit, though, because it was forced to release new models that weren t able to access to popular Google apps. Even after reporting a strong finish to 2019, however, Huawei warned that 2020 would be "difficult." That would prove to be all too true.The latest US sanction announced in May cuts much deeper than last year s ban. It applies to any global firms using American equipment to make semiconductors. The new rule restricts companies like TSMC, a Taiwan-based firm, from exporting computer chipsets and other key components to Huawei. Without those chipsets, Huawei can t build 5G base stations and other equipment, according to analysts at brokerage firm Jefferies. "Based on the current direct export rule that the US put on, I really think that Huawei s 5G equipment business is in grave danger," Jefferies analyst Edison Lee said on a recent call with investors. "If the law doesn t change, and if the US-China tension does not de-escalate, then I think there s a big risk that Huawei will stop being able to provide 5G equipment" from early next year, he added. Asked for comment for this story, Huawei spokeswoman Evita Cao said "we continue to receive support from our customers," without going into further detail. The company said in May that it "categorically opposes" the latest US sanction, calling the new rule "discriminatory." "It will have a serious impact on a wide number of global industries" and damage "collaboration within the global semiconductor industry," Huawei said in a statement. "We expect that our business will inevitably be affected," it added. That may already be happening in the United Kingdom.On Saturday, the UK-based Telegraph newspaper reported that Prime Minister Boris Johnson is poised to begin phasing out Huawei 5G tech in Britain "as soon as this year," walking back a decision that granted Huawei a limited role in building that network. Earlier last week, Oliver Dowden, the country s digital and media secretary, said that the US sanctions will "likely have an impact on the viability of Huawei as a provider for the 5G network." "I am not a Sinophobe, I won t be drawn into Sinophobia," Johnson said on Tuesday. But "I do want to see our critical national infrastructure properly protected from hostile state vendors, so we need to strike that balance." Huawei said earlier this year that it has secured 91 commercial 5G contracts, more than half (47) are in Europe, 27 are in Asia and 17 are elsewhere in the world. China tensions The United States has long viewed Huawei warily, suspicious of how closely the company is tied to the Chinese Communist Party. The company maintains that it is a private firm owned by thousands of its employees. Critics also say Beijing could force Huawei to spy on other nations. Huawei says that has never happened and if it did, the company would refuse such orders. Yet even as it claims independence from Beijing, Huawei has been caught up in sparring between China and the United States, and to an increasing degree, the European Union and countries such as India that are growing more wary of China.The coronavirus pandemic has only strained relations further. Some countries, such as the United States, have blamed China for the outbreak, and others have been put off by what they see as Beijing s aggressive response to criticism. There was a moment during the pandemic "where China was able to assert itself on the global stage as a leader, and I think they fumbled that," especially in Europe, after China sent masks and respirators of dubious quality to countries experiencing outbreaks, said Nietsche. EU countries are concerned about their lopsided trade and investment relationship with China, and they have taken steps in recent months to prevent subsidized Chinese companies taking over the bloc s industrial champions or winning public contracts. Beijing s repression of the Uyghur ethnic minority in the northwest province of Xinjiang is another major area of concern. There are now "excellent signals" coming from Germany and the United Kingdom "that they will move to exclude or at least will take Huawei out of the core [5G] network," said Nietsche. Germany, for instance, is scrutinizing Huawei s data flows to see if the company is breaching European laws, she said. India, meanwhile, had been going back and forth over whether to include Huawei equipment in the country s 5G network, said Chaitanya Giri, an analyst with Indian foreign policy think tank Gateway House. Huawei received the green light to participate in 5G trials late last year.But tensions between New Delhi and Beijing have risen dramatically in recent weeks after at least 20 Indian soldiers were killed in border clashes with Chinese troops stationed in the Himalayas. China has also been singled out in India for blame over the coronavirus pandemic, according to Giri. Some Indians have been calling for a boycott of Chinese goods. And in a move widely seen as retaliation against China, the Indian government last week banned TikTok and several other Chinese apps, saying they pose a "threat to sovereignty and integrity." Huawei may now get caught up in the escalating tensions, according to Giri. Public sentiment has now "consolidated, that we are not going to use any of the Chinese equipment," he said. What Europe and India share, according to Giri, is a growing sense of unease following years of substantial investment by China. "Big democracies right now are singing in a chorus," he said. "They understand what s at stake."
Tesla sales and production were hurt by the Covid-19 pandemic and lockdowns. But not as much as some other automakers. The electric car company reported Thursday it delivered 90,650 cars to customers during the quarter. That s down 5% from a year ago, but far less than the drops of 30% or more reported by other automakers on Wednesday. Tesla s second-quarter sales were up a bit from the 88,400 cars it delivered in the first quarter. Production was down, though, falling 20% from the first quarter, as Tesla s factory in Fremont, California, was shut for a couple of months. CEO Elon Musk strongly objected to the orders to remain closed, calling stay-at-home orders "fascist" in a call with investors in late April. Tesla filed a lawsuit to get the factory open once again in mid-May. Content By BMW Exploration is a way to understand the unknown Zhang Zhoujie explains his process in creating art and design using digital design. The solid sales number was good news for those hoping that Tesla would be able to maintain its path of profitability despite the Covid-19 pandemic. Tesla s stock, which had been up 6% in premarket trading before the sales and production release, climbed even higher on the news.Shares have been on a run recently, making Tesla the most valuable automaker in the world, despite still having only a fraction of the sales of the established automakers. Shares are up 168% this year, through Wednesday s close.
Egypt has participated in 72 clinical studies on the novel coronavirus (COVID-19) pandemic in Africa, according to The Egyptian Academy of Scientific Research and Technology. The academy s June Scientific Research Index reported that research on coronavirus included 12 studies implemented by Ain Shams University, nine by Cairo University, nine by Assiut University, and seven by Tanta and Mansoura Universities. Twenty-six Egyptian institutions in total participated in the studies. The Research Index is a science and technology index issued by the Academy s Observatory for Science, Technology and Innovation. The Academy was established in February 2014 to promote the development of a knowledge-based economy, and to help decision makers set policies in the fields of science, technology, and innovation. The aim is to help Egypt face future challenges and to unify sources of data and technology in Egypt. The observatory has been identified as a primary source of information, scientific data, technology, and innovation for international organizations such as UNESCO and the Organization for Economic Development and Cooperation (OECD).
Egypt has participated in 72 clinical studies on the novel coronavirus (COVID-19) pandemic in Africa, according to The Egyptian Academy of Scientific Research and Technology. The academy’s June Scientific Research Index reported that research on coronavirus included 12 studies implemented by Ain Shams University, nine by Cairo University, nine by Assiut University, and seven by Tanta and Mansoura Universities. Twenty-six Egyptian institutions in total participated in the studies. The Research Index is a science and technology index issued by the Academy’s Observatory for Science, Technology and Innovation. The Academy was established in February 2014 to promote the development of a knowledge-based economy, and to help decision makers set policies in the fields of science, technology, and innovation. The aim is to help Egypt face future challenges and to unify sources of data and technology in Egypt. The observatory has been identified as a primary source of information, scientific data, technology, and innovation for international organizations such as UNESCO and the Organization for Economic Development and Cooperation (OECD).
In his last speech, president Abdul Fattah al-Sisi called on the Egyptian people to be as brave and powerful as lions and work hard each in his position. He added that this way Egypt would be so powerful as great lion that nobody can threaten. I remembered this story that my mother used to tell me. The story says a great lion woke up to see a small mouse falling on his leg. The lion grew angry and decided to kill