The autonomous revolution is nearly upon us, and General Motors is entering the fray properly with this, the Cruise AV. The fruit of GM’s $1 billion acquisition of Cruise Automotive back in March of 2016, the Cruise AV is a properly driverless car. That is to say, it has no steering wheel, no pedals and no real driver controls at all — aside from a touchscreen — and GM says it’ll hit the road in 2019.
Last week the government published the full list of people who were granted Maltese citizenship during 2016, including those who had purchased their citizenship through the Individual Investor Programme (IIP).
Under the IIP, high-net worth individuals can obtain Maltese, and therefore EU citizenship, against a fee of €650,000, as well as €150,000 in government bonds and a €350,000 investment in property. A physical presence is not required for applicants to prove residency.
The death of Hugh Hefner might also bring the death of Playboy’s print magazine, according to Playboy Enterprises interim CEO Ben Kohn.
Instead, the magazine’s parent company might shift its focus on brand partnerships and licensing deals -think that famous bunny logo- and forgo its editorial branch, according to The Wall Street Journal.
Brian Krzanich, chief executive officer of Intel, sold millions of dollars’ worth of Intel stock-all he could part with under corporate bylaws-after Intel learned of Meltdown and Spectre, two related families of security flaws in Intel processors.
While an Intel spokesperson told CBS Marketwatch reporter Jeremy Owens that the trades were "unrelated" to the security revelations, and Intel financial filings showed that the stock sales were previously scheduled, Krzanich scheduled those sales on October 30. That’s a full five months after researchers informed Intel of the vulnerabilities. And Intel has offered no further explanation of why Krzanich abruptly sold off all the stock he was permitted to.
Security researchers on Wednesday disclosed a set of security flaws that they said could let hackers steal sensitive information from nearly every modern computing device containing chips from Intel Corp, Advanced Micro Devices Inc and ARM Holdings, Reuters reported.
On Wednesday evening, a large team of researchers at Google’s Project Zero, universities including the Graz University of Technology, the University of Pennsylvania, the University of Adelaide in Australia, and security companies including Cyberus and Rambus together released the full details of two attacks based on that flaw, which they call Meltdown and Spectre.
Birkenstock has terminated its business relations with Amazon, accusing it of breaking the law. From January 1, Birkenstock will cease trading with the online retail giant within the EU, citing a breakdown in trust between the two parties.
In a statement issued on Monday, Birkenstock claimed there has been a series of violations of the law on Amazon’s Marketplace platform, which the online retailer failed to prevent. Birkenstock said on a number of occasions, it filed complaints that counterfeit products of poor quality, which infringed the company’s trademark rights and misled the consumers regarding the origins of goods that, were being made available on the platform.
Swiss private bank EFG International has concluded the integration of all operations of local rival BSI into its platform. The deal came to a close with migration of BSI’s Ticino business to EFG’s IT platform. The merger comprised 15 individual IT migrations this year. With the deal, EFG advances to one of Switzerland’s largest private banks, which 147.5 billion in assets under management as of October.
The EU has declared there is still "no white smoke" over a Brexit deal and handed Theresa May a 72-hour deadline to make an acceptable offer. Michel Barnier has informed EU member states that Britain has just 48 hours to agree on a potential deal on the first phase of Brexit talks for talks to move onto trade and transition before 2018.
