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Chinese ratings house: U.S. government already defaulting on debts

A Chinese ratings house has accused the United States of defaulting on its massive debt, state media said Friday, a day after Beijing urged Washington to put its fiscal house in order. “In our opinion, the United States has already been defaulting,” Guan Jianzhong, president of Dagong Global Credit Rating…

U.S. nuclear regulator withheld information: report

WASHINGTON (Reuters) – The head of the U.S. nuclear safety regulator did not break the law when he stopped a review of a proposed Nevada burial site for radioactive waste, but he “strategically” kept information from his fellow commissioners, the Wall Street Journal said, citing a report from the agency’s internal watchdog. The confidential report…

Nissan 350Z has highest driver death rate: report

WASHINGTON — US drivers of Nissan 350Z sports car and Titan pickup, as well as the humble Chevrolet Aveo run the most risk of dying in a crash, while Audi’s luxury A6 cruised in relative safety, according to an insurance report Thursday. Meanwhile sports utility vehicles (SUVs), formerly known as…

Breakthrough in battery technology could revolutionize electric vehicles

A new battery design developed by researchers at the Massachusetts Institute of Technology could transform the way electric vehicles and the power grid store and discharge energy. The MIT News Office reported that the new architecture suspends the active electrical components of a battery, such as positive and negative electrodes,…

Senators call for crackdown on ‘Bitcoin’ as drug traffickers move in

The Internet barter system known as “Bitcoin,” which makes it difficult for law enforcement to monitor online transactions, has raised the ire of two U.S. Senators who learned recently about a new website that lets Bitcoin users buy and sell illegal drugs. In a letter to Attorney General Eric Holder…

Citigroup says hackers viewed client accounts

HONG KONG (AFP) – US banking giant Citigroup said Thursday that computer hackers have accessed information in about one percent of accounts held by its US credit card card customers. “During routine monitoring, we recently discovered unauthorized access to Citi’s Account Online. A limited number — roughly one percent —…

Facebook under fire for facial recognition software

WASHINGTON — Facebook is coming under fire for a feature that uses facial recognition software to allow members to tag pictures of their friends on the social network. The “Tag Suggestions” feature made its debut on Facebook in the United States six months ago but has drawn renewed attention this…

NATO building special task force to respond to cyber attacks

TALLINN — NATO wants to beef up its cyber defence capabilities with the creation of a special task force to detect and respond to Internet attacks, an alliance expert said Wednesday at a conference on cyber security here. “NATO is planning to establish the Cyber Red Team (…) that would…

Next generation Internet addresses tested on global scale

WASHINGTON (AFP) – A worldwide test was under way on Wednesday of the next generation of Internet addresses designed to replace the dwindling pool of 4.3 billion unique identifiers in the original system. Hundreds of companies, organizations and institutions around the world are taking part in “World IPv6 Day,” including…

Greenpeace accuses Barbie of being a forest vandal

JAKARTA (AFP) – Greenpeace on Wednesday accused Mattel, the US maker of Barbie dolls, of contributing to the wanton destruction of carbon-rich Indonesian forests and habitats of endangered species like Sumatran tigers. The environmental group said packaging used in Barbie and Ken boxes contained timber products from Asia Pulp and…

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