Delays in building the final stretch of the high-speed railway HS2 to Euston Station in central London will mean extra costs and potentially even higher spending, a government spending watchdog has warned. Transport Secretary Mark Harper announced earlier this month that “inflationary pressures” will cause delays to the construction of key parts of HS2. He…
Delays to HS2’s Euston Leg May Lead to Higher Spending, Watchdog Warns
Twitter Source Code Leaked Online, Prompting Lawsuit to Identify Leaker
Parts of Twitter’s source code have been leaked and the social media platform owned by billionaire Elon Musk is seeking information on the person responsible, according to legal filings. The March 24 document filed with the U.S. District Court of the Northern District of California, indicates that “various excerpts” of Twitter’s source code, which is…
Twitter’s Source Code Leaked Online, Prompting Lawsuit to Identify Leaker
Parts of Twitter’s source code have been leaked, and the social media platform owned by billionaire Elon Musk is seeking information on the person responsible, according to legal filings. The March 24 document filed with the U.S. District Court for the Northern District of California, indicates that “various excerpts” of Twitter’s source code, which is…
First Citizens Buys Failed Lender Silicon Valley Bank
A buyer has been found for failed lender Silicon Valley Bank (SVB), with 17 former branches opening under First Citizens Bank on Monday, the Federal Deposit Insurance Corporation (FDIC) has announced. The FDIC said in a statement Sunday that it has entered into an agreement with the Raleigh, North Carolina-based First Citizens Bank to purchase all…
Banker Fired Over Sexual Harassment Sues Barclays for $700,000
LONDON—A former Barclays director, fired for sexual harassment and other misconduct, is suing the British bank for more than 584,600 pounds ($719,412), arguing that female colleagues fabricated allegations and that his dismissal was unfair. Robert Record, once a senior wealth manager overseeing assets worth 580 million pounds, was dismissed in September 2020 for gross misconduct…
Data of 14 Million Customers Stolen in Cyber Attack
The hack of Australian finance firm, Latitude Financial, is worse than initially thought. In mid-March, the consumer finance provider estimated around 328,000 customers had their data stolen by hackers, now that number has ballooned to over 14 million, according to an investor statement. Latitude Group confirmed on March 27 that 7.9 million Australian and New…
Directive for Aussie Dating Apps Over Safety Concerns
Tinder, Bumble and Grindr are among the popular Aussie dating apps ordered to hand over data on sexual violence in a government crackdown to improve safety. Communications Minister Michelle Rowland has directed the country’s top 10 online dating services to report back on the extent of harm being experienced by users, in addition to safety policies. The…
Travel Disruption Hits Germany on Eve of Transport Strike
BERLIN—An increased number of travelers in Germany boarded trains and planes on Sunday, a day before a major one-day strike that aims to bring the country’s transportation system to a standstill. But even advance travel was met with disruption in some places as Munich airport already shut down because of the impending strike on Monday,…
Technical Issues at Lufthansa Cause Delays in Frankfurt
BERLIN—Lufthansa’s operations were disrupted Sunday at Frankfurt airport because of technical problems, German news agency dpa reported. Check-in systems on the airline’s website and at the counter, as well as boarding, were affected at Germany’s biggest airport, a Lufthansa spokeswoman told dpa. Some flights were delayed or would have to be canceled because of the…
Vietnam Seizes Opportunity for Rapid Rise as China at Odds With the West
News Analysis Entering 2023, as the United States continues to impose various sanctions on China and American companies are accelerating their withdrawal from the country, Vietnam—a former foe during the Vietnam War—is receiving favorable gestures from the United States. A huge American business delegation that is about to visit Vietnam has attracted worldwide attention, making…
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