The United States should take on a greater role in the global semiconductor industry for the sake of its economy and security, US Secretary of State Antony Blinken said Tuesday.. The electronic components are essential for multiple global sectors, including the auto industry and smartphones.
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Twitter whistleblower Peiter Zatko told the US Congress Tuesday that the platform ignored his security concerns, with his testimony coming as company shareholders greenlit Elon Musk's $44 billion takeover deal.. Twitter has sued him to force it through, but analysts said testimony by Zatko, the social network's former security chief, will put more pressure on the company as it heads to court next month.
Twitter whistleblower Peiter Zatko told the US Congress on Tuesday that the platform ignored his security concerns, as its shareholders decide whether to approve a $44 billion takeover deal that Elon Musk is trying to exit.. But revelations of his whistleblower report in the US press in August were perfectly timed for Tesla chief Elon Musk, who has used it as part of his justification for abandoning his unsolicited $44 billion bid to buy Twitter.
Workers at Britain's largest container port, Felixstowe, are to strike for a further eight days, union bosses announced Tuesday, as the country suffers a cost-of-living crisis.. Felixstowe port expressed disappointment at the new walkout, adding however there is "no prospect of agreement being reached with the union".
Paris will start switching off the ornamental lights that grace city monuments hours earlier than usual, plunging the Eiffel Tower and other landmarks in the dark to cope with surging electricity costs, officials said Tuesday.. The Eiffel Tower, usually bathed in a warm glow until 1:00 am, and which comes ablaze with dazzling white lights every hour, will now go dark after the last visitor leaves, at 11:45 pm.
Asian stocks continued a global rally on Tuesday morning, ahead of the release of key US consumer price data that is expected to show slightly slowing inflation in the world's largest economy.. US consumer price index (CPI) data will be released on Tuesday, with analysts expecting inflation to slow to eight percent, driven mostly by falling gasoline prices.
Tokyo stocks opened higher on Tuesday, tracking gains on Wall Street, as investors priced in the expectation of further interest rate hikes to tame inflation.. While inflation is expected to have eased in August, largely due to falling gasoline prices, it seems unlikely it will be enough to stave off a third consecutive three-quarter point rate hike from the Fed.
US inflation likely slowed in August, largely thanks to falling gasoline prices, but not enough to satisfy policymakers, especially President Joe Biden, as high prices continue to inflict pain on American families and businesses. . While Americans will welcome relief at the pump, from the steady drop in gasoline prices, high costs for food and housing continue to strain family budgets.
Respected in cybersecurity circles, former Twitter security chief Peiter "Mudge" Zatko is a wild card in Elon Musk's legal gambit to break a $44 billion deal to buy the social network.. - 'Big problems' - "If Mudge says Twitter has cybersecurity problems, Twitter has big problems," said Vectra cybersecurity firm chief technology officer Aaron Turner, who says he has known Zatko since the 1980s.
