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The threat of attack has never been higher, the boss of Europe’s biggest defence contractor has warned. Dr Charles Woodburn Source link
As Manchester prepared to welcome Andy Burnham to his new northern Number 10, one nearby office employee had already found an unexpected upside.“I’ve been trying for three months to get them to jet-wash that square,” he said approvingly as a band of men in hi-viz jackets blasted the ground outside on Thursday. Aside from freshly washed pavements, rooftop snipers and a newly installed security camera opposite his new office, the welcome when Burnham finally arrived on Friday was eclectic to say the least. Journalists and a smattering of curious members of the public began to gather from mid-morning outside Albert Square’s Heron…
Trump says US to launch EU probe over ’illegal’ Google fine Source link
Sundar Pichai, CEO of Alphabet, Satya Nadella, CEO of Microsoft, Andy Jassy, CEO of Amazon and Mark Zuckerberg, CEO of Meta.Damian Lemanski | David Ryder | Bloomberg | Getty Images | CNBC | Manuel Orbegozo | ReutersThe race to build artificial intelligence infrastructure at a trillion-dollar annual clip is eroding the free cash flow and increasing balance-sheet risk at so-called hyperscalers, warned Moody’s Ratings.In a research note released this week, Moody’s said that the spending surge is forcing even the world’s most cash-rich corporations like Alphabet and Microsoft to lean heavily on debt, stock sales and off-balance-sheet moves to fund…
President Donald Trump on Friday said his administration will launch a trade probe into the European Union that will cancel hefty fines levied against U.S. tech giants and likely result in a “substantial” tariff on the 27-member bloc.Trump, in a lengthy Truth Social post, accused the EU of “‘ROBBING’ American Companies and, in turn, the American Taxpayer” as he raged over its recent $1 billion fine on Google for allegedly giving priority to its own services in its search engine.”The European Union is at it again and, as usual, taking direct aim at GREAT American Companies!” Trump wrote in the…
The bearish Tesla set-up we flagged ahead of Wednesday’s report has delivered most of what it can. Two ways forward: bank the entire gain, or press the same playbook against another priced-for-perfection name reporting in two weeks.Heading into Tesla’s second-quarter report, I argued the risks were skewed to the downside. Greeting a delivery beat with selling was a classic tell of expectations “priced for perfection.” While revenue of $28.2 billion beat handily, up 26% year over year, adjusted earnings of 34 cents per share missed the consensus (50 cents) by a wide margin. Operating margin compressed to 1.4%, and a…
Beumer Group sues EU over Vanderlande airport logistics deal Source link
Robotic servicing mission launches from Cape Canaveral. A spacecraft fitted with two flexible robotic arms is on the way to geosynchronous orbit after launching earlier this week on a SpaceX Falcon 9 rocket, kicking off a planned decade-long mission to open new frontiers in satellite servicing, Ars reports. The Mission Robotic Vehicle, owned and built by Northrop Grumman, rocketed into orbit from Cape Canaveral Space Force Station in Florida on Tuesday. Three small propulsion pods, each functioning as standalone spacecraft, accompanied the MRV aboard the Falcon 9 rocket. First of its kind… The Mission Robotic Vehicle is arguably the most…
Cost: Downing Street says no additional cost to taxpayers, fundedBurnham ended his first week as PM by working out of the new No 10 North, external, based at Heron House in Manchester’s city centre, which he claimed will be the “situation room for making Britain better”.He’s expected to work from there each week, with other ministers including Education Secretary Lucy Powell and Chancellor of the Duchy of Lancaster Louise Haigh, who is overseeing the department as part of her role, also working there on a regular basis. Up to 300 civil servants are expected to join the operation by the…
Vir Biotechnology stock falls as CFO O’Byrne departs Source link