June, 2017

• 10 June

  Stand against terrorism, even in Tehran

  

  There is only one acceptable response to Wednesday’s deadly terrorist attacks in Iran: swift and unequivocal condemnation of the perpetrators, and condolences to the victims. By joining the other world leaders who have offered their sympathy, US President Donald Trump can reaffirm both America’s standing in the community of nations and its determination to defeat terrorism, whatever and wherever its ...

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• 10 June

  With leaders like this, Britain should panic

  At a time when the UK’s most pressing need is for competent leadership, it’s saddled with two of the most bungling party leaders in living memory. Even a well-run government would struggle to control the short-term damage likely to be inflicted by Brexit. Whatever happens in Thursday’s vote, there’s no prospect of a well-run government by Friday. On this evidence, ...

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• 10 June

  Will India meet its Paris climate deal goals?

  

  As soon as Donald Trump withdrew the US from the Paris Agreement on climate change, eyes turned eastward. Even as the US reneges on its promises, the argument now goes, China and India will show leadership instead; they at least are committed to low-carbon growth. I wouldn’t be so sure, at least where India is concerned. It is true that ...

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• 10 June

  Don’t expect tech to care about your problems

  

  The entrepreneurs of Silicon Valley are undoubtedly finding many ways to make the world a better place — with tunnels, flying cars, interplanetary travel. Yet I can’t help noticing a growing divide between the problems people have and the problems tech companies are willing or able to solve. This divide has two sources. The first is related to inequality: When ...

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• 10 June

  It’s not just the retail that’s changing. It’s us

  

  Despite record highs in the markets, bad news about consumers has been relentless: malls are closing; consumers have accumulated too much debt; incomes are stagnant. None of this bodes well for future consumer spending and economic growth. This is the established narrative — fairly straightforward, based on well-understood data. I suspect it is also wrong. What if something else entirely ...

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• 10 June

  SoftBank doubles down on bots with new acquisition

  

  Bloomberg SoftBank Group Corp. is taking over Google parent Alphabet Inc.’s robot dreams, buying Boston Dynamics to pursue a future when more machines intermingle with humans. As part of the transaction with Alphabet, SoftBank also agreed to buy Japanese bipedal robotics company Schaft. Terms of the deal weren’t disclosed. Boston Dynamics, bought by Google in 2013 as part of a ...

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• 10 June

  Osram bets on iris-scanning app

  

  Bloomberg Back in 1972, engineers working at Osram Licht AG set their sights on developing applications for infrared. The unit of Siemens AG in southeastern Germany went on to develop an expertise in the light, used in night-vision equipment and galaxy-gazing telescopes. Almost half a century later, Osram is a stand-alone lighting company and infrared is one of its fastest-growing ...

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• 10 June

  Digital Realty agrees to buy DuPont Fabros for $4.95bn

  Bloomberg Digital Realty Trust Inc. agreed to buy DuPont Fabros Technology Inc. for about $4.95 billion in stock, a deal that would add to its data-center properties in areas such as California’s Silicon Valley. Investors in Washington-based DuPont Fabros will get 0.545 Digital Realty shares for each of their shares, the real estate investment trusts said in a statement Friday. ...

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• 10 June

  New iPhone lacks tech to match rivals’ data speed

  

  Bloomberg Verizon Corp., AT&T Inc. and the rest of the US wireless industry have a big boast for this year’s crop of smartphones: thanks to network upgrades, devices will be able to download as much as a gigabit of data in a single second — speeds 100 times faster than before. But that won’t be the case for Apple Inc.’s ...

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• 10 June

  Airbus warns new UK govt of risk to jobs, fighter role

  

  Bloomberg Airbus SE said the next UK government must guarantee the planemaker’s ability to move people between plants in Britain and continental Europe in order to safeguard the long-term future of production in the country. It’s likewise vital for aerospace manufacturing to remain exempt from import duties once Britain quits the European Union, Chief Executive Officer Tom Enders said at ...

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