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Techlife News

Techlife News #486

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Read the most relevant news of the week about the world of technology and its influence on our lives. New products, Apps, acquisitions in the industry, highlights about the digital world and everything about your favorite iGadgets and upgrades. Everything you need to keep well informed. A new concept of light, intelligent, innovative reading at your fingertips. A global view of Tech LifeStyle and its influence on our lives.

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Country:
United States
Language:
English
Publisher:
Ivan Castilho de Almeida
Frequency:
Weekly
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52 Issues

in this issue

2 min.
us still unraveling ‘sophisticated’ hack of 9 gov’t agencies

U.S. authorities are still working to unravel the full scope of the likely Russian hack that gave the “sophisticated” actor behind the breach complete access to files and email from at least nine government agencies and about 100 private companies, the top White House cybersecurity official said Wednesday. Anne Neuberger, the newly appointed deputy national security adviser for cyber and emerging technology, also warned that the danger has not passed because the hackers breached networks of technology companies whose products could be used to launch additional intrusions. A task force is investigating the extent of the damage from the breach, assessing potential responses and trying to confirm the identity of whoever was behind it — a process Neuberger warned will take more time. “This is a sophisticated actor who did their best to…

1 min.
startup electric truck maker wants ohio to ok direct sales

A new electric vehicle maker wants Ohio to allow the company to directly sell its trucks to customers as it looks to begin full production later this year. Lordstown Motors Corp. hopes state lawmakers will approve the change, which would allow it to get around a rule requiring vehicle sales go through auto dealerships. Proposed legislation is expected to be introduced at the Statehouse within the next few weeks. Full production of the company’s Endurance pickups is slated to begin in September at the former General Motors assembly plant near Youngstown, which Lordstown Motors bought in 2019. It now has 500 workers and plans to have around 1,500 employees when production ramps up. Allowing the direct sales would allow the company to keep its prices down and protect proprietary technology, Lordstown Motors officials said…

2 min.
cost controls, luxury sales help daimler weather pandemic

Car and truck maker Daimler increased its profits by 48% to 4.0 billion euros ($4.8 billion euros) in 2020 thanks to extensive cost-cutting and a sales recovery in the second half for its highly profitable Mercedes-Benz luxury cars and sport-utility vehicles. The bottom line improved on 2.7 billion euros from 2019, even as top-line revenue fell 11% to 154.3 billion euros. With net cash at year end of 17.9 billion euros, CEO Ola Kallenius said the company had the resources to develop the electric cars and digitalized products and services that are transforming the industry: “We proved our ability to generate substantial cash flow and to drive the ongoing transformation on our own — even under the adverse circumstances of a pandemic.” The Stuttgart-based company said its outlook for this year was for…

3 min.
walmart sales still surging, but a chill may be on the way

Walmart is raising wages for 425,000 of its 1.5 million U.S. workers and is investing $14 billion this year to speed up its distribution network as the nation’s largest retailer navigates vast industry changes that were accelerated by the pandemic. Walmart Inc. reported a mixed performance Thursday for the fourth quarter. It swung to a loss partly due to costs related to the pandemic, and the sale of its Japan and U.K. divisions. But sales surged by 7.4% in the period that includes the critical holiday shopping season. Sales at stores opened at least a year rose 8.6%, up from 6.4% in the previous quarter. While online sales surged 69%, that is down from an 80% spike in the prior period and it was the slowest growth since the pandemic began. The…

3 min.
airbus lost $1.3 billion amid pandemic; expects better 2021

European plane maker Airbus lost 1.1 billion euros ($1.3 billion) last year amid an unprecedented global slump in air travel because of the pandemic, but expects to deliver hundreds of planes and make a profit in 2021 despite uncertainty about when people will resume flying en masse. Airbus is also pushing to negotiate a “ceasefire” soon in its years-long trade dispute with U.S. rival Boeing, amid hopes that the Biden Administration will be more amenable than Trump’s government to a deal. The dispute has led to billions of dollars in tit-for-tat cross-Atlantic tariffs on planes, cheese, wine, video games and other products. Airbus CEO Guillaume Faury acknowledged Thursday that the company’s performance last year was “far from expectations” and had to constantly adapt as airlines grounded planes — or folded altogether —…

4 min.
in surprise move, facebook blocks news access in australia

In a surprise retaliatory move Thursday, Facebook blocked Australians from sharing news stories, escalating a fight with the government over whether powerful tech companies should have to pay news organizations for content. Australia’s government condemned the step, which also blocked some government communications, including messages about emergency services, and some commercial pages. The digital platforms fear that what’s happening in Australia will become an expensive precedent for other countries as governments revamp laws to catch up with the fast changing digital world. Facebook acted after the House of Representatives passed legislation that would make it and Google pay for Australian journalism, said Treasurer Josh Frydenberg. He said he was given no warning before Facebook acted. The legislation must be passed by the Senate to become law. Australian news organizations could not post stories and…