Cosco Shipping confirms Q1 plunge in profits amid weakening demand
Highlighting the fall in demand, total liftings at Cosco Shipping Lines and OOCL fell more than 10 percent in the first quarter, to 5.5 million TEU.
Month: April 2023
Savannah wins environmental clearance for new inland terminal
The Georgia Ports Authority expects to begin construction on the approximately $170 million terminal in early 2024, which will have a focus on manufacturing imports and poultry exports.
Pre and Post-LLM Software
The recent RSA conference has left me concerned for the many companies in attendance. It seems we are at a turning point in software history, divided into two epochs: Pre-LLM and Post-LLM. Pre-LLM software is limited in scope, only aware of its specific database and rigid schema. It operates through narrow, brittle queries. In contrast, Post-LLM software is…
More than 100 died at a religious cult in Kenya. The majority are children, says minister
Children account for most of the 109 bodies so far recovered in mass graves linked to a cult in Kenya, the interior minister said on Friday, the latest details in a case that has shocked the country and…
The CCP Messes With Texas (and Florida)
Recent cases in Texas and Florida illustrate how the Chinese Communist Party is using WeChat and other means to try and shape public policy outcomes.
DOJ Detected SolarWinds Breach Months Before Public Disclosure
In May 2020, the US Department of Justice noticed Russian hackers in its network but did not realize the significance of what it had found for six months.
Portugal’s president says country should apologize, ‘assume responsibility’ for slave trade
This week, President Marcelo Rebelo de Sousa said Portugal should formally apologize for its role in the trans-Atlantic slave trade. The Portuguese were responsible for selling nearly 6 million people into slavery — mostly in Brazil. Some activists and…
Emirati Sultan Al Neyadi becomes first Arab to walk in space
Sultan Al Neyadi completes ‘the first Arab spacewalk in history’ wearing a space suit that bears the Emirati flag.
How Cloud Environments Are Exploited for Smishing Campaigns
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House votes to restore solar panel tariffs, Biden vows to veto bill if it passes Senate
The president’s tariff moratorium was imposed as a bridge to boost U.S. solar manufacturing capacity while accelerating clean energy development.