Toshiba to cut up to 7,000 jobs: Nikkei

(Reuters) – Toshiba Corp is looking to cut up to 7,000 jobs, as it looks to streamline operations in the wake of an accounting scandal, the Nikkei business daily reported. Reuters: Technology News

Read More »

Argentine police bus crashes, 42 dead; nine injured

BUENOS AIRES (Reuters) – A bus carrying Argentine border patrol officers crashed into a ravine in the northern province of Salta on Monday, killing 42 people, while nine were being treated for injuries, provincial emergency official Francisco Marinaro told local television. Reuters: World News

Read More »

Man guilty of IS-inspired knife plan

Man guilty of IS-inspired knife plan 14 December 2015 From the section UK Image copyright CPS Image caption Syed had expressed admiration for the killers of soldier Lee Rigby, the court heard A man has been convicted of preparing to carry out a knife attack in London, inspired by so-called Islamic State. Nadir Syed, 22, from Southall in west London, was arrested hours after buying a chef’s knife in November 2014, days before Remembrance Sunday. Woolwich Crown Court heard how he had been inspired by IS leaders urging attacks on ...

Read More »

Newell Rubbermaid to buy Jarden for about $13 billion

Newell Rubbermaid Inc, the maker of Sharpie markers and Parker pens, agreed to buy diversified consumer products company Jarden Corp for $ 13.22 billion, adding brands such as Sunbeam kitchen appliances and Coleman outdoor gear. Jarden shareholders will receive $ 21 in cash and 0.862 Newell shares for each share held, the companies said on Monday. This implies an offer of $ 60 per share, a 14 percent premium to Jarden’s closing price on Friday. Jarden’s shares rose nearly 5 percent to $ 55.25 in premarket trading on Monday, while ...

Read More »

Huge German fusion reactor powers up, giving age-old tech a new shot

Share This article Boy, do we hope stellarators — which confine and control hot plasma within magnetic fields — are the thing that works for fusion. After all, it only matters we achieve some fully green form of mass electricity production from a nigh-infinite fuel source. If, by chance, the International Thermonuclear Experimental Reactor (ITER) were to get it done, well, worse things could happen. But stellarators are the original fusion reactor design, they’ve got by far the coolest name, and they have some major advantages over other reactors designs. Best of all? The most powerful stellarator ever ...

Read More »

Mandatory FAA drone registration starts December 21

The rise of consumer drones Just in time for Christmas, the FAA has unveiled registration requirements for drone owners. Consumers are expected to buy about 400,000 drones this holiday season. The Consumer Technology Association said this will be the “defining year” for drone sales. On Monday, FAA officials said online drone registration will start on December 21. Drones bought before next Monday must be registered within 60. After that point, drones will have to be registered before their first flight. FAA officials are hoping registration will make drone owners operate ...

Read More »