Trump says ‘we have a tremendous order’ with Saudi Arabia, doesn’t want to cancel defense contracts ‘as retribution’ for Jamal Khashoggi’s death

AP Photo/Mary Altaffer Saudi Arabia admitted that missing Washington Post columnist Jamal Khashoggi died inside the Saudi Consulate after an encounter with Saudi operatives there “led to a quarrel and a physical confrontation.” President Donald Trump said he approves of Saudi Arabia’s acknowledgement and called it “a great first step.” An official statement from White […]

Trump says Khashoggi death ‘unacceptable’, but he ‘prefers’ to keep defense contracts with Saudis

Calling Saudi Arabia a crucial ally against Iran that purchases billions of dollars-worth of US weapons, Donald Trump lamented Khashoggi’s “unacceptable” death but praised Riyadh for making the first arrests in the ongoing probe. “It is a good first step. It is a big step,” Trump said, admitting, though, that “some questions” do remain and […]

Former US nuclear command officer charged with diverting military contracts to her own company

US Navy Captain Heather Cole has been charged with criminal conspiracy after failing to disclose her active-duty military status while negotiating over half a million dollars in defense contracts with her own company. Cole pleaded not guilty before court martial and is set to go to trial in December on charges of criminal conspiracy linked […]

Chop-chop: Saudis may cut billions in military contracts & petrodollar in response to US sanctions

US penalties against Saudi Arabia over the alleged murder of Washington Post journalist Jamal Khashoggi may never be implemented. But just in case, the oil-rich kingdom has threatened to hit back using several effective weapons. Washington pledged ‘severe punishment’ if the Saudis ordered the killing of Khashoggi, a Saudi-born journalist, who disappeared nearly two weeks […]

Lawmakers are trying to curb contracts that make it harder to change jobs

IN 2011 Kathleen started work at an insurance-and-benefits consultancy in Boston. A couple of years later the firm gave her an ultimatum: sign a “non-compete” agreement within 30 days or wave goodbye. She signed, which meant that, if she left, she would be barred for three years from working for a rival or any firm […]

Ajit Pai’s ex-broadband advisor arrested on charge of forging fiber contracts

Enlarge (credit: Getty Images | Laurence Dutton) The former head of FCC Chairman Ajit Pai’s Broadband Deployment Advisory Committee (BDAC) has been arrested on a charge of wire fraud for allegedly tricking investors into pouring money into a fiber-optic network. Elizabeth Pierce is accused of “forg[ing] guaranteed revenue contracts to fraudulently induce investors to invest […]

UK to let Brits tear up broadband contracts over slow speeds

There are so many factors that can affect home broadband speeds, the “up to” figures providers like to throw around are tantamount to guesswork. UK telecoms regulator Ofcom isn’t a great fan of inaccurate claims, so it’s forcing ISPs to change how they communicate speeds to potential customers. Companies have a whole year — until […]

Huawei calls U.S. security concerns groundless, touts 45 5G contracts

Following two months of public lobbying by U.S. legislators and security agencies, Chinese networking giant Huawei today confronted espionage accusations, dismissing them as “not fair” and “only based on groundless suspicion” while touting successes in other countries. The South China Morning Post and Agence France Presse provided English translations of Huawei chief executive Ken Hu’s Chinese-language comments, made today […]

As smart contracts get smarter, the rules of development will change

GUEST: If 2017 was the year of Bitcoin, 2018 will be the year of the smart contract. Smart contracts — the self-executing coded contracts running on blockchain networks — enable decentralized apps (dApps) and the brand new economic models we are see emerging on blockchains. While it’s difficult to gauge exactly how many smart contracts […]

U.S. immigration agency contracts license-plate tracking firm

Among its other services, Vigilant Solutions maintains a database of license plate reader (LPR) images gathered from nationwide law enforcement organizations and camera-equipped police cars, plus numerous commercial points like tollbooths and repo services. The company says it “can offer over 5 billion nationwide detections and over 150 million more added monthly” to entities that […]