Despite growing concerns over fallout from the Trump administration’s trade barriers, Gap Inc. on Thursday joined other retailers in reporting profit growth for the most recent three-month earnings period. Revenue at the San Francisco-based apparel chain grew 7.5 percent to $4.09 billion for the quarter that ended on June 30. Net income rose 6.6 percent […]
Mexican Trade Team: Regardless of Canada the Deal Between the U.S. and Mexico Still Stands…
Gap Joins U.S. Retail Rally as Quarterly Sales Top $4 Billion…
Trade War Escalates As U.S., China Slap Each Other With Fresh $16 BN in Tariffs…
Just after midnight on Thursday EDT, the United States and China escalated their acrimonious trade war implementing punitive 25% tariffs on $16 billion worth of each other’s goods, even as mid-level officials from both sides resumed talks in Washington. China’s Commerce Ministry said Washington was “remaining obstinate” by implementing the latest tariffs, which kicked-in on […]
SHOT: ‘Social Score’ Facebook Has ‘Trust’ Ratings for Users–But Refuses to Divulge Your Score…
FACEBOOK is rating users based on how “trustworthy” it thinks they are. Users receive a score on a scale from zero to one that determines if they have a good or bad reputation – but it’s completely hidden. The rating system was revealed in a report by the Washington Post – and later confirmed by […]
FLASHBACK: CHASER — China Assigns Every Citizen a ‘Social Credit Score’ to Identify Who Is and Isn’t Trustworthy…
Chinese Surveillance State Is Basically the U.S. Surveillance Apparatus Minus the Constitutional Rights…
Reuters has a long, detailed examination of the Chinese surveillance state. China’s intrusion into the lives of its citizens has never been minimal, but advances in technology have allowed the government to keep tabs on pretty much every aspect of citizens’ lives. Facial recognition has been deployed at scale and it’s not limited to finding […]
Russian Military Braces for Massive War Games in the East…
Russia’s military forces in the country’s east were put on high alert Monday ahead of massive war games that also involve China and Mongolia, the largest show of power in nearly 40 years, the Russian defense minister said. Defense Minister Sergei Shoigu said the five days of military drills will pave the way for the […]
From Laboratory in Far West, China’s Surveillance State Spreads Quietly…
Filip Liu, a 31-year-old software developer from Beijing, was traveling in the far western Chinese region of Xinjiang when he was pulled to one side by police as he got off a bus. The officers took Liu’s iPhone, hooked it up to a handheld device that looked like a laptop and told him they were […]
Botched CIA Communications System Helped Blow Cover of More Than 30 Chinese Agents Resulting in Their Death…
It was considered one of the CIA’s worst failures in decades: Over a two-year period starting in late 2010, Chinese authorities systematically dismantled the agency’s network of agents across the country, executing dozens of suspected U.S. spies. But since then, a question has loomed over the entire debacle. How were the Chinese able to roll […]
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