CMA watchdog warns ARM sale raises ‘serious competition concerns’ August 20, 2021 The Competition and Markets Authority (CMA) has said that NVIDIA’s purchase of Arm raises serious competition concerns. The report, which has been sent to Oliver Dowden, the Secretary of State for Digital, said an “in-depth investigation” into the $40bn deal between Arm and NVIDIA is warranted. The CMA highlighted that NVIDIA and Arm are both [...]
Suspect in custody after ‘bomb threat’ near US Capitol August 19, 2021 A man who claimed to have an explosive device near the Congress building in Washington D.C has surrendered and is now in custody. Multiple buildings around the US Capitol were evacuated on Thursday after a man in a black truck told police he had a bomb. The suspect was identified by authorities as 49-year-old Floyd [...]
Taliban hunting ‘lists of individuals’ who have worked with foreign troops August 19, 2021 The Taliban are going to door-to-door and arresting government employees and Afghans who have worked with the US and UK. Militants are carrying out a methodic hunt for certain people who collaborated with foreign forces, Christian Nellemann, director of the Norwegian Centre for Global Analyses, told the BBC. He said: “What we have seen is [...]
Amazon plans to open department stores in US August 19, 2021 Amazon plans to open department stores in the U.S. allowing the trillion dollar tech company to expand its physical presence in retail. The company’s flagship retail stores are expected to be located in Ohio and California, an insider told The Wall Street Journal. The new spaces will offer customers access to household goods, clothing and [...]
Elephant & Castle restaurant stripped of licence after ‘machete’ attack August 19, 2021 An Elephant & Castle restaurant has lost its licence to sell alcohol after a man was left with a “possible machete” wound. Southwark Council’s licensing sub-committee revoked El Rincon Costeno’s licence at a virtual hearing on August 10 following an incident in July where police officers were called. Officers were called at around 2.40am on [...]
Extinction Rebellion: City of London to be next climate campaign target August 19, 2021 Environmental activists have said they will begin a fresh campaign next week in the heart of the capital’s financial district. The fortnight-long campaign targets the City of London, which Extinction Rebellion activists blame for stoking climate change with fossil fuel investment chains. Extinction Rebellion (XR) has regularly staged demonstrations across the UK – targeting banks [...]
CV Labs partnership launches British crypto firm Evai onto Bittrex Global exchange – CityAM : CityAM August 19, 2021 The global partnership between CV Labs and British AI crypto company Evai has led to a debut centralised exchange listing for the EVAI token on Bittrex Global from today. This latest development follows the CV Labs partnership announcement in May this year, which welcomed Evai into the worldwide CV Labs ecosystem as the cutting-edge FinTech [...]
Campaigners call on Apple to abandon surveillance plans August 19, 2021 An international coalition of more than 90 civil rights and policy groups is calling on Apple to scrap plans to surveil its US customers’ photos. Earlier this month, Apple announced plans to search people’s devices for child sex abuse material (CASM) using new “NeuralHash” technology to perform on device checks. The automated system will alert [...]
Legal groups urge UK to help female judges and legal professionals in Afghanistan August 19, 2021 At least 250 female judges in Afghanistan face a “perilous” future, legal groups have said while urging the UK government to offer asylum to female judges and other legal professionals in the country which has been control of by the Taliban. According to the Lawyer Monthly, the Bar Council, Bar Human Rights Committee and Law [...]
US stocks resist following FTSE lower as markets digest Fed minutes and oil rout August 19, 2021 Wall Street resisted the European market rout that sent the FTSE falling today and opened broadly flat today as investors digested news that the US Federal Reserve may tighten monetary policy this year. The S&P 500 edged down to 4,399.90 points, while the Dow Jones slipped to 34,944.70 points. Concerns about a possible earlier than [...]
