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Ford Will Invest $11 Billion In Electric Cars By 2022

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The Detroit-based company previously said that it would invest 4.5 billion US dollars in electric products by 2020, and on Sunday it said that this number would rise to 11 billion dollars. "The only question is, will the customers be there with us?" The new hybrid range will be part of Ford's global electrification strategy, which will see "13 new global electrified vehicles" come ton market in the next five years. Read More »

Uber used remote computer system to shield data from police raids

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Reipley's implementation supposedly came after Belgian police raided Uber offices in March 2015, and were able to access the company's payments system, as well as obtain financial documents and information about drivers and employees. Ripley, the name of the software, took reportedly took its name form Sigourney Weaver's character in the 1979 sci-fi movie " Alien ". "That's the only unusual thing here to me", he said, pointing out that most companies will use very common end-point ... Read More »

Big UK government contractor sees shares plunge on debt woes

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Carillion , one of the UK's largest construction companies, is on the brink of collapse - but what does it do? Administrator firms PwC and EY were also reported to have been put on standby as talks about the firm's future carry on. The reported that David Lidington, who was moved to the Cabinet Office as part of Prime Minister Theresa May's reshuffle this week, convened the meeting with Business Secretary Greg Clark, new Justice Minister Rory Stewart, new Transport Minister Jo Johnson and ... Read More »

Lost in space? Secret SpaceX Zuma satellite a total loss

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It was one of the most important things Elon Musk has ever launched into space: a government satellite so shrouded in secrecy that virtually everything about it is classified. Langbroek wrote in a blog post that he believes the image shows the Falcon 9's upper stage dumping excess propellant after a de-orbit burn to drive it back into Earth's atmosphere. Read More »

U.S. in 15 hours: KQ's maiden NY flight to cost Sh89,000

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The service will be operated by a Boeing 787-8 Dreamliner, which will traverse almost 7,400 miles of land and sea. The direct flight plan is expected to instantly reduce by six hours, travel time between the USA city and Nairobi and further boost tourism and trade ties between the two countries. Read More »

Ripple price (XRP/USD) spikes after announcement of MoneyGram partnership

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Like its longtime rival Western Union , MoneyGram has faced competition from a new generation of low-priced Internet-based services like TransferWise. This shows that Ripple is emerging as a key supplier of technology support for money transfers not only to banks but also to other institutions having their own payments wallet. Read More »

Clothing review boosts Tesco Christmas trade

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However, when taking all of the Big 4 retailer's global markets into account, total like-for-like sales grew by 0.6 per cent during that period, but overall sales enjoyed a 1.8 per cent uplift. Earlier this week, Marks & Spencer announced that Humphrey Singer, now group finance director at electronics retailer Dixons Carpohone, will be its new chief finance officer. Read More »

Ford adds diesel engine to F-150 for the first time

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Ford announced the diesel engine option for the F-150 Monday, saying it will give the truck an estimated rating of 30 miles per gallon. The team has managed to generate a diesel V-6 that will wear ratings of 250 horsepower and 440 pound-feet of torque, enough to command a best-in-class towing capacity of 11,400 pounds. Read More »

Nvidia's New AI Platform Brings Smart Assistants and AR to the vehicle

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NVIDIA DRIVE Xavier , available this quarter, is the autonomous machine processor at the heart of this functionally safe system. "Artificial intelligence is revolutionising the auto", said Herbert Diess, Volkswagen CEO. "Working with NVIDIA , the leader in AI technology, enables us to take a big step into the future". The Xavier processor has more than 9 billion transistors and is the most complex system on a chip ever created, Huang says, yet it requires a fraction of the electricity ... Read More »

United Flight Reroutes to Alaska After Passenger 'Smears Feces Everywhere'

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The flight was diverted due to " a disruptive passenger ", United Airlines said in a statement, adding that the said passenger was handed over to authorities at Anchorage and was reportedly cooperative. In a statement, United said the unlucky passengers were put up in hotels and that the airline would be working to get them to their destinations as soon as possible. Read More »

Bay Area Jolted By 4.4 Earthquake On Hayward Fault

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The USGS placed the epicenter of the quake next to the Claremont Club and Spa in Berkeley. According to the USGS website , people reported feeling the quake 40 miles south in San Jose. The past five large earthquakes on Hayward fault have been about 140 years apart , so this fault and the Rodgers Creek faults are the most likely to have a major quake in the bay. Read More »

Temporary outage at Customs leads to longer lines

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According to the agency it had access to the national security-related databases during the outage. It added that all airports came back online after the outage lasted from 7:30 pm to about 9:30 pm ET. Other airports, including Denver International Airport, also said they were affected. The customs agents are working to get everyone screened and through customs as quickly as possible. Read More »

Italy's Manufacturing Growth Robust In December

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Demand from North American customers was particularly strong during December, the report found. A trend of synchronised global growth that became apparent over the course of previous year looked set to continue, with activity surveys in the euro zone and the United States later in the day expected to post strong readings. Read More »

Dispatch: Iranian protesters defy authorities to voice differing demands for change

Rouhani's main achievement, a 2015 deal with world powers that curbed Iran's nuclear program in return for a lifting of most worldwide sanctions, is yet to bring the economic benefits the government promised. The Iranian government is denying responsibility for the deaths and unrest. . Nikki Haley, the U.S. ambassador to the United Nations, said, "The Iranian government is being tested by its own citizens". Read More »

Florida's minimum wage set to increase on January 1

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At the time the law passed, the country's first minimum wage was $0.25 per hour. Assemblyman Andy Goodell, R-Jamestown, said many economic studies have been done that show there will be a loss of entry-level jobs as the wages in NY state increase. Read More »

Powerball, Mega Millions Jackpots Grow To More Than $306M

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A customer at Jake's Express Shop & Deli, 6104 Highway Y, won the $1 million "Match 5" prize after matching all five white-ball numbers drawn in the December 23 drawing. Mega Millions is played in 44 states, plus the District of Columbia and the Virgin Islands. Between Mega Millions and Powerball , there's a combined $643 million bucks up for grabs this week. Read More »

JetBlue plane skids off taxiway n Boston

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As much as three inches of snow had fallen previously in the day, and Logan International was temporarily closed that morning. "The aircraft exited the runway onto Taxiway E and slid off the Taxiway in the vicinity of taxiways E and P", FAA spokesman Jim Peters told AVweb in an email on Tuesday. Read More »

Family Meets Jadhav 22 Months After Detention, Sits Across Glass Partition

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It was the first time that Jadhav was meeting his family since his arrest in March, and Pakistan portrayed it as a humanitarian gesture to mark the birthday of the country's founder Mohammed Ali Jinnah. Shashi Tharoor , speaking to ANI , said, "In one sense, it is a step forward because 22 months after they arrested this poor man, finally somebody is able to see him". Read More »