Search results for "U.S."

U.S.A.F. wants AI Jets

Requests $6 bn for development The United States Air Force is asking for a ton of money to build 2000 AI-powered Valkyrie fighters. It’s important to note that these aircraft are not drones. They are capable of assessing and reacting to hostile interference. And much to the consternation of human rights activists, they’re capable of […]

Credit Suisse Hampered Internal Probe Into Nazi-Linked Accounts, U.S. Senators Say

A committee of U.S. lawmakers on Tuesday said troubled Swiss bank Credit Suisse Group hampered a multiyear investigation into the servicing of Nazi clients and Nazi-linked accounts. Credit Suisse commissioned an investigation into allegations levied by a human rights organization that the bank held potential Nazi-linked accounts and failed to disclose them, even during Holocaust-related […]

Major Currencies Steady Ahead of Key U.S. Inflation Data

Major global currencies including the U.S. dollar were steady on Wednesday ahead of U.S. inflation data which investors will scrutinise for clues as to when the Federal Reserve could end its rate hiking cycle. The March inflation reading, due at 1230 GMT, is forecast to come in at 5.2% year on year, down from 6.0% […]

U.S. House to Vote on Bill to Address Potential Huawei, ZTE Threats

The House of Representatives is set to vote next week on a bill to crack down on Chinese telecommunications companies Huawei and ZTE Corp that have been deemed security threats by the U.S. government. The House said on Tuesday it will take up a bipartisan bill called the Countering Untrusted Telecommunications Abroad Act that would […]

U.S. War on Chinese Hardware and Software

The U.S. war on China goes beyond Chinese hardware to now include its software. Can we afford slowing down technological advancements? The U.S. is not a fan of Chinese technology operating on its soil as it “strongly believes” that that could open it up to Chinese surveillance. And to drive that point home, late last […]