Author: franperez66q@protonmail.com

China’s crude oil imports are set to recover from August after plunging to their lowest level in eight years during the Middle East conflict, according to JPMorgan , as more than half of the decline in China’s crude demand seen since the war may prove temporary. The country’s crude imports shrank by an unprecedented 4.8 million barrels per day (mbd) between February and May — a steeper drop than the 4 mbd decline seen during the depths of the pandemic in the second half of 2020 — Parsley Ong, JPMorgan’s head of Asia energy & chemicals research, said in a…

Read More

One of the most hotly anticipated electric vehicles makes its formal debut next week. It’s the Blank Slate, a refreshingly simple pickup truck EV designed by Slate Auto, which is trying to take some of the soaring cost out of a new car with a back-to-basics approach that means even electric windows are an optional extra. Of course, a crucial aspect of this pared-back approach is pricing. Plenty of people are attracted to the idea of a truck with a compact footprint, no infotainment system or embedded modem, and the option to upconvert it later into an SUV or fastback.…

Read More

SHENZHEN, CHINA – APRIL 12: A Chinese national flag is seen in the foreground with container ships, cranes, and stacked shipping containers at the Yantian International Container Terminal under cloudy skies, on April 12, 2025 in Shenzhen, China. (Photo by Cheng Xin/Getty Images)Cheng Xin | Getty Images News | Getty ImagesForeign governments, Wall Street banks and multinational companies are flocking to China’s domestic bond market as some of the world’s cheapest borrowing costs turn the yuan into an increasingly attractive funding currency.The yuan-denominated bonds, also known as panda bonds, are sold by overseas issuers in China’s onshore market and have…

Read More

Tesco is also dealing with migration challenges related to data security because its new, unnamed virtualization software is incompatible with the Veeam and Zerto products it uses. “Manifestly unfair and excessive” price hike Tesco initially requested at least 100 million pounds (about $133.6 million) in damages each from Broadcom, VMware, and reseller Computacenter, plus interest. In its recent filings, Tesco said it turned down at least four offers from Broadcom to continue using VMware and Broadcom’s mainframe tech. One offer charged $23.5 million (about 17.6 million pounds) for VMware Cloud Foundation 9.0 and mainframe software and support services for a…

Read More

Samuel Boivin | Nurphoto | Getty ImagesGoogle’s vice president of engineering and a co-lead of its Gemini AI models Noam Shazeer announced Wednesday that he was leaving the company to join OpenAI.”I’m excited to share that I’ll be joining OpenAI and look forward to working with the exceptional team there,” Shazeer said in a post on X.”It was a difficult decision to move on. I’m incredibly proud of the amazing team at Google and everything we’ve built together. It has been an honor and a pleasure to work with all of you,” he added.Shazeer’s departure comes less than two years…

Read More

Hudson Rock said the attackers went on to “actively intercept SSL VPN authentication hashes and crack them using a massive, dedicated 45-GPU cluster managed via Hashtopolis.” From there, they used the GPU cluster to crack the hashes, meaning to try massive combinations of plain-text passwords until they found the right one. These passwords allowed the threat actors to move laterally to compromise Active Directory environments and other centralized authentication systems. “This aggressive methodology has led to severe, real-world consequences,” Hudson Rock said. “Diachenko’s research confirmed full network compromises at multiple organizations across Japan, Taiwan, Vietnam, Iraq, and Turkey. Most alarmingly,…

Read More