Upcoming shows
Real News

NOW ON AIR
Now On Air

Story Time

1:00 am 6:00 am



Maga First News

Upcoming Shows

Join The MAGA Network on Discord

0 0

Swiss investment firm, Bitfury launch bitcoin mining fund

FILE PHOTO: Representation of the Bitcoin virtual currency standing on a PC motherboard
FILE PHOTO: Representation of the Bitcoin virtual currency standing on a PC motherboard is seen in this illustration picture, February 3, 2018. REUTERS/Dado Ruvic/Illustration/File Photo

April 24, 2019

By Gertrude Chavez-Dreyfuss

(Reuters) – Swiss investment firm Final Frontier and global blockchain technology company the Bitfury Group, which was recently valued at $1 billion, on Wednesday announced the launch of a regulated bitcoin mining fund.

The fund is under the supervision of Liechtenstein’s financial regulator.

Both companies, however, did not disclose the size of the fund, which was developed by Final Frontier for institutional and professional investors to gain access to the esoteric world of bitcoin mining.

Bitcoin mining entails updating the ledger of bitcoin transactions known as the blockchain. Miners run extremely powerful computers in a race against other miners to guess a specific number. The first miner to guess the number gets to update the ledger of transactions and also receives a reward of 12.5 newly minted bitcoins.

Bitfury, which holds a minority stake in Switzerland-based Final Frontier, said in a statement it is providing the hardware and end-to-end services for the bitcoin mining fund. The mining sites where the equipment will be deployed will be in locations scouted and serviced by Bitfury.

The fund will invest in turnkey assets consisting of mining sites with some of the lowest electricity and operating costs globally that feature Bitfury data centers, both companies said.

Imraan Moola, co-founder of Final Frontier, said the firm is launching the fund at an advantageous time for investors. “With the bitcoin price down significantly from its all-time high, yet institutional interest growing every day, now may be an opportune time to consider investing in bitcoin mining,” Moola said.

Bitcoin has trended higher the last few weeks, trading up nearly 4 percent at $5,594.65 on the Bitstamp platform late Tuesday.

That rally has made bitcoin mining more profitable, said crypto analyst Alex Kruger, noting that profits have risen since the start of April.

He said on Twitter that the break-even cost for efficient bitcoin mining operations currently hovers around $3,550 to $4,350, while the price of bitcoin is in the $5,500-plus range. That ensures a $1,000-plus profit for each bitcoin mined.

Bitfury late last year raised $80 million from investors including the merchant bank founded by billionaire Mike Novogratz, a former macro hedge fund manager at Fortress Investment Group. That funding pushed Bitfury’s valuation to $1 billion.

(Reporting by Gertrude Chavez-Dreyfuss; Editing by Lisa Shumaker)

Source: OANN

0 0

29 bodies recovered after new clashes in central Nigeria

An official says 29 bodies have been found after new fighting in central Nigeria between farmers and herdsmen.

The official says the bodies with gunshot and machete wounds were recovered after Tuesday's attack in Maro village in Kaduna state. A policeman was killed while trying to calm the violence.

The official, close to a government team that went to the area, spoke to The Associated Press on condition of anonymity because he was not authorized to speak to the press.

The Kaduna governor's spokesman confirmed the "sad news of renewed attacks in Kajuru and Kachia local government areas" but gave no death toll.

Southern Kaduna state has seen a series of clashes over increasingly scarce water and land.

The government last week said 130 people had been killed in Kajuru.

Source: Fox News World

0 0

Chinese tech giant Tencent invests in Argentine mobile banking startup

Logo of Tencent is displayed at a news conference in Hong Kong, China
FILE PHOTO: Logo of Tencent is displayed at a news conference in Hong Kong, China March 22, 2017. REUTERS/Tyrone Siu

April 23, 2019

By Cassandra Garrison

BUENOS AIRES (Reuters) – Chinese tech giant Tencent Holdings Ltd has invested in Argentine mobile banking service Uala, which also counts George Soros and Point72 Ventures LLC among its investors, the start-up’s founder said.

Uala founder Pierpaolo Barbieri said the company planned to collaborate with the Chinese social media-to-gaming giant to further develop its app. He declined to disclose the amount of Tencent’s investment.

Tencent, one of Asia’s most valuable listed companies, announced last year it would boost investments in a number of “key areas” including digital payment, where its service jostles with rival Alipay, backed by Alibaba Group Holding Ltd.

Tencent’s own messenger-to-payment app WeChat now has more than 1 billion users in China and has launched in-app services that compete with Apple and Google apps.

“We are proud of their interest in Uala and look forward to collaborating on new products and services. This investment will allow us to grow even faster with our product roadmap,” Barbieri said in an email to Reuters.

Argentine startups face regulatory hurdles in South America’s second largest economy, but the country has spawned some of the region’s most successful tech startups, including U.S.-listed online marketplace MercadoLibre Inc and Internet travel agent Despegar.com Corp.

The country, which has a large unbanked population, is also seeing a boom in digital finance from start-ups like Uala to a new wave of online banks competing with more traditional lenders.

(Reporting by Cassandra Garrison; Editing by Marguerita Choy)

Source: OANN

0 0

Noise of fighting echoes through Tripoli as thousands flee homes

Troops from eastern Libyan forces are seen in Ain Zara, south of Tripoli
Troops from eastern Libyan forces are seen in Ain Zara, south of Tripoli, Libya April 11, 2019. REUTERS/Stringer

April 12, 2019

By Ulf Laessing and Ahmed Elumami

TRIPOLI (Reuters) – Gunfire and blasts echoed through downtown Tripoli in the small hours of Friday as the eastern Libyan LNA force pushed against the forces of the internationally recognized government around the disused international airport and the Ain Zara district.

Fighting between the eastern force of General Khalifa Haftar and troops loyal to the Tripoli government of Prime Minister Fayez al-Serraj has displaced 9,500 people in the capital, the United Nations said.

But the World Health Organization (WHO) said it had made contingency plans in case “thousands if not hundreds of thousands” were displaced.

Haftar’s push on Tripoli in Libya’s northwest is the latest turn in a cycle of factional violence and chaos dating back to the 2011 uprising that overthrew veteran dictator Muammar Gaddafi.

After sweeping up from the desert south, Haftar’s Libyan National Army (LNA) has have been held up in the southern suburbs of Tripoli, about 11 km (7 miles) from the center.

The U.N. humanitarian agency OCHA said 3,500 people had left their homes in Tripoli in the previous 24 hours, and that 90 percent of those who had requested evacuation could not be moved to comparatively safer areas.

Late on Thursday, the European Union urged the LNA forces to stop their offensive.

As well as the toll on civilians, the renewed conflict threatens to disrupt oil supplies, increase migration across the Mediterranean to Europe, derail a U.N. peace plan and encourage Islamist militants to exploit the chaos. Libya is a main transit point for migrants who have poured into Europe in recent years, mostly trafficked by smuggling gangs.

The LNA forces swept out of their stronghold in eastern Libya to take the sparsely populated but oil-rich south earlier this year before heading towards Tripoli, where Serraj’s U.N.-backed government sits.

Dr Syed Jaffar Hussain, WHO representative in Libya, told a Geneva news briefing by telephone from Tripoli that he feared outbreaks of tuberculosis, measles and diarrhoeal diseases due to poor sanitation, especially among the displaced.

The WHO said it had two weeks of medical supplies available for Tripoli’s hospitals.

Haftar was among the officers who helped Gaddafi seize power in a 1969 coup before parting ways with him later. Critics call Haftar another strongman in Gaddafi’s mould.

He has so far resisted U.N. pressure to accept a power-sharing settlement to stabilize Libya, using his leverage as an ally of the West in attempts to stem Islamist militancy in North Africa.

(Additional reporting by Tom Miles, Stephanie Nebehay in Geneva; Editing by Kevin Liffey)

Source: OANN

0 0

California ‘house of horrors’ parents face life in prison; 911 call from daughter released: ‘Sometimes we live in filth’

The California “house of horrors” parents who abused and tortured some of their 13 children face being sentenced to 25 years to life in prison Friday, a day after the 911 call from one of their daughters which helped lead to their downfall was released.

David and Louise Turpin pleaded guilty in Riverside County Superior Court in February to torture and other abuse and neglect so severe it stunted their children’s growth, led to muscle wasting and left two girls unable to bear children.

Their 17-year-old daughter was able to escape the filthy home in a middle-class section of Perris, about 60 miles southeast of Los Angeles. She jumped out of the window and used a cell phone to alert authorities. ABC News obtained the 911 call the girl made to authorities, pleading for help.

“I’ve never been out,” the teen told the dispatcher. “I don’t go out much.”

CALIFORNIA ‘HOUSE OF HORRORS’ PARENTS PLEAD GUILTY

"My parents are abusive," she said in the call. "My two little sisters right now are chained up right now ... they're chained up to their bed."

“Sometimes we live in filth and sometimes I wake up and I can’t breathe because how dirty the house is,” she told the dispatcher.

In this June 20, 2018, file photo Louise Turpin, left, and her husband, David Turpin, right, appear for a preliminary hearing in Superior Court in Riverside, Calif. 

In this June 20, 2018, file photo Louise Turpin, left, and her husband, David Turpin, right, appear for a preliminary hearing in Superior Court in Riverside, Calif.  (AP)

When asked by the dispatcher when the last time she took a bath, she replied, “I don’t know. Almost a year ago.”

Authorities arrived at the home in January 2018 and were shocked by what they saw. A 22-year-old son was chained to a bed and two girls had just been set free from their shackles. The house was covered in filth and the stench of human waste was overwhelming, police said.

CALIFORNIA HOUSE WHERE ALLEGED TORTURE OF 13 CHILDREN TOOK PLACE GOES UP FOR SALE, REPORT SAYS

Authorities said the children barely left the home except for the occasional family vacation, slept most of the day and were mostly kept in their rooms.

The children said they were beaten, caged and shackled to beds if they didn't obey their parents. The children ranged in age from 2 to 29.

CLICK HERE TO GET THE FOX NEWS APP

David Turpin, 57, had been an engineer for Lockheed Martin and Northrop Grumman. Louise Turpin, 50, was listed as a housewife in a 2011 bankruptcy filing.

It was not immediately clear if any of the children will attend the sentencing, but they will be offered a chance to speak or can offer written statements to be read in court.

The Associated Press contributed to this report.

Source: Fox News National

0 0

AI System That Writes News Can Be Misused, Creators Warn

The creators of a new artificial intelligence system that can create news stories and other pieces of written content are not making it publicly available because they said it could be misused.

Called OpenAI, the system uses AI to write text based simply on a suggested headline for the piece. Reuters reported the company is backed by several Silicon Valley heavyweights, including LinkedIn founder Reid Hoffman and Tesla CEO Elon Musk.

The technology could be used to churn out news stories, papers for school, and other pieces of text. But there is concern among the people behind it that it could be exploited and used for the wrong reasons, so they wrote a paper about it.

The technology, they wrote, was found to have the ability to "write news articles about scientists discovering talking unicorns."

"We're not at a stage yet where we're saying, this is a danger," OpenAI's research director Dario Amodei said. "We're trying to make people aware of these issues and start a conversation."

Researchers across nearly every industry are working on various forms of artificial intelligence, even including the Pentagon as it dreams of having soldiers control equipment with just their minds.

Material from Reuters was used in this report.

Source: NewsMax America

0 0

Tennis: Nishikori stunned, Shapovalov raps at Indian Wells

Tennis: BNP Paribas Open-Day 9
Mar 12, 2019; Indian Wells, CA, USA; Hubert Hurkacz (POL) during his third round match against Kei Nishikori (not pictured) in the BNP Paribas Open at the Indian Wells Tennis Garden. Mandatory Credit: Jayne Kamin-Oncea-USA TODAY Sports

March 12, 2019

By Rory Carroll

(Reuters) – Pole Hubert Hurkacz fired 10 aces en route to a 4-6 6-4 6-3 upset win over world number seven Kei Nishikori of Japan to reach the fourth round of the BNP Paribas Open on Tuesday.

The 67th-ranked Hurkacz needed just over two hours to complete the comeback win over the 2014 U.S. Open finalist in the Southern California desert city of Indian Wells.

The 22-year-old will next face Canadian teenager Denis Shapovalov, who continued his run of dominant serving without being broken on his way to an impressive 6-4 6-2 win over 10th seeded Croat Marin Cilic.

After the match Shapovalov expressed his appreciation for his fans by rapping a song from the sun-soaked court three.

“Take care and good night, know this the good life, hot tubs and court time, Thursday we back alright!” he rapped at the end of the song, which got a roar of approval from the audience.

In another upset during the day session Russian 14th seed Daniil Medvedev was upset 6-3 6-2 by Serbia’s world number 113 Filip Krajinovic.

Krajinovic will be a big underdog when he faces Spain’s world number two Rafa Nadal, who crushed Argentine Diego Schwartzman 6-3 6-1 on the showcase court to reach the last 16.

(Reporting by Rory Carroll; Editing by Ken Ferris)

Source: OANN

NOW ON AIR
Now On Air

Story Time

1:00 am 6:00 am



The Wider Image: China's start-ups go small in age of 'shoebox' satellites
LinkSpace’s reusable rocket RLV-T5, also known as NewLine Baby, is carried to a vacant plot of land for a test launch in Longkou, Shandong province, China, April 19, 2019. REUTERS/Jason Lee

April 26, 2019

By Ryan Woo

LONGKOU, China (Reuters) – During initial tests of their 8.1-metre (27-foot) tall reusable rocket, Chinese engineers from LinkSpace, a start-up led by China’s youngest space entrepreneur, used a Kevlar tether to ensure its safe return. Just in case.

But when the Beijing-based company’s prototype, called NewLine Baby, successfully took off and landed last week for the second time in two months, no tether was needed.

The 1.5-tonne rocket hovered 40 meters above the ground before descending back to its concrete launch pad after 30 seconds, to the relief of 26-year-old chief executive Hu Zhenyu and his engineers – one of whom cartwheeled his way to the launch pad in delight.

LinkSpace, one of China’s 15-plus private rocket manufacturers, sees these short hops as the first steps towards a new business model: sending tiny, inexpensive satellites into orbit at affordable prices.

Demand for these so-called nanosatellites – which weigh less than 10 kilograms (22 pounds) and are in some cases as small as a shoebox – is expected to explode in the next few years. And China’s rocket entrepreneurs reckon there is no better place to develop inexpensive launch vehicles than their home country.

“For suborbital clients, their focus will be on scientific research and some commercial uses. After entering orbit, the near-term focus (of clients) will certainly be on satellites,” Hu said.

In the near term, China envisions massive constellations of commercial satellites that can offer services ranging from high-speed internet for aircraft to tracking coal shipments. Universities conducting experiments and companies looking to offer remote-sensing and communication services are among the potential domestic customers for nanosatellites.

A handful of U.S. small-rocket companies are also developing launchers ahead of the expected boom. One of the biggest, Rocket Lab, has already put 25 satellites in orbit.

No private company in China has done that yet. Since October, two – LandSpace and OneSpace – have tried but failed, illustrating the difficulties facing space start-ups everywhere.

The Chinese companies are approaching inexpensive launches in different ways. Some, like OneSpace, are designing cheap, disposable boosters. LinkSpace’s Hu aspires to build reusable rockets that return to Earth after delivering their payload, much like the Falcon 9 rockets of Elon Musk’s SpaceX.

“If you’re a small company and you can only build a very, very small rocket because that’s all you have money for, then your profit margins are going to be narrower,” said Macro Caceres, analyst at U.S. aerospace consultancy Teal Group.

“But if you can take that small rocket and make it reusable, and you can launch it once a week, four times a month, 50 times a year, then with more volume, your profit increases,” Caceres added.

Eventually LinkSpace hopes to charge no more than 30 million yuan ($4.48 million) per launch, Hu told Reuters.

That is a fraction of the $25 million to $30 million needed for a launch on a Northrop Grumman Innovation Systems Pegasus, a commonly used small rocket. The Pegasus is launched from a high-flying aircraft and is not reusable.

(Click https://reut.rs/2UVBjKs to see a picture package of China’s rocket start-ups. Click https://tmsnrt.rs/2GIy9Bc for an interactive look at the nascent industry.)

NEED FOR CASH

LinkSpace plans to conduct suborbital launch tests using a bigger recoverable rocket in the first half of 2020, reaching altitudes of at least 100 kilometers, then an orbital launch in 2021, Hu told Reuters.

The company is in its third round of fundraising and wants to raise up to 100 million yuan, Hu said. It had secured tens of millions of yuan in previous rounds.

After a surge in fresh funding in 2018, firms like LinkSpace are pushing out prototypes, planning more tests and even proposing operational launches this year.

Last year, equity investment in China’s space start-ups reached 3.57 billion yuan ($533 million), a report by Beijing-based investor FutureAerospace shows, with a burst of financing in late 2018.

That accounted for about 18 percent of global space start-up investments in 2018, a historic high, according to Reuters calculations based on a global estimate by Space Angels. The New York-based venture capital firm said global space start-up investments totaled $2.97 billion last year.

“Costs for rocket companies are relatively high, but as to how much funding they need, be it in the hundreds of millions, or tens of millions, or even just a few million yuan, depends on the company’s stage of development,” said Niu Min, founder of FutureAerospace.

FutureAerospace has invested tens of millions of yuan in LandSpace, based in Beijing.

Like space-launch startups elsewhere in the world, the immediate challenge for Chinese entrepreneurs is developing a safe and reliable rocket.

Proven talent to develop such hardware can be found in China’s state research institutes or the military; the government directly supports private firms by allowing them to launch from military-controlled facilities.

But it’s still a high-risk business, and one unsuccessful launch might kill a company.

“The biggest problem facing all commercial space companies, especially early-stage entrepreneurs, is failure” of an attempted flight, Liang Jianjun, chief executive of rocket company Space Trek, told Reuters. That can affect financing, research, manufacturing and the team’s morale, he added.

Space Trek is planning its first suborbital launch by the end of June and an orbital launch next year, said Liang, who founded the company in late 2017 with three other former military technical officers.

Despite LandSpace’s failed Zhuque-1 orbital launch in October, the Beijing-based firm secured 300 million yuan in additional funding for the development of its Zhuque-2 rocket a month later.

In December, the company started operating China’s first private rocket production facility in Zhejiang province, in anticipation of large-scale manufacturing of its Zhuque-2, which it expects to unveil next year.

STATE COMPETITION

China’s state defense contractors are also trying to get into the low-cost market.

In December, the China Aerospace Science and Industry Corp (CASIC) successfully launched a low-orbit communication satellite, the first of 156 that CASIC aims to deploy by 2022 to provide more stable broadband connectivity to rural China and eventually developing countries.

The satellite, Hongyun-1, was launched on a rocket supplied by the China Aerospace Science and Technology Corp (CASC), the nation’s main space contractor.

In early April, the China Academy of Launch Vehicle Technology (CALVT), a subsidiary of CASC, completed engine tests for its Dragon, China’s first rocket meant solely for commercial use, clearing the path for a maiden flight before July.

The Dragon, much bigger than the rockets being developed by private firms, is designed to carry multiple commercial satellites.

At least 35 private Chinese companies are working to produce more satellites.

Spacety, a satellite maker based in southern Hunan province, plans to put 20 satellites in orbit this year, including its first for a foreign client, chief executive Yang Feng told Reuters.

The company has only launched 12 on state-produced rockets since the company started operating in early 2016.

“When it comes to rocket launches, what we care about would be cost, reliability and time,” Yang said.

(Reporting by Ryan Woo; Additional reporting by Beijing newsroom; Editing by Gerry Doyle)

Source: OANN

Listen to https://magaoneradio.net and Listen Daily! Don't Forget to Share Click a Link Below!
German drug and crop chemical maker Bayer holds annual general meeting
Werner Baumann, CEO of German pharmaceutical and chemical maker Bayer AG, attends the annual general shareholders meeting in Bonn, Germany, April 26, 2019. REUTERS/Wolfgang Rattay

April 26, 2019

By Patricia Weiss and Ludwig Burger

BONN (Reuters) – Bayer shareholders vented their anger over its stock price slump on Friday as litigation risks mount from the German drugmaker’s $63 billion takeover of seed maker Monsanto.

Several large investors said they will not support aspirin investor Bayer’s management in a key vote scheduled for the end of its annual general meeting.

Bayer’s management, led by chief executive Werner Baumann, could see an embarrassing plunge in approval ratings, down from 97 percent at last year’s AGM, which was held shortly before the Monsanto takeover closed in June.

A vote to ratify the board’s actions features prominently at every German AGM. Although it has no bearing on management’s liability, it is seen as a key gauge of shareholder sentiment.

“Due to the continued negative development at Bayer, high legal risks and a massive share price slump, we refuse to ratify the management board and supervisory board’s actions during the business year,” Janne Werning, representing Germany’s Union Investment, a top-20 shareholder, said in prepared remarks.

About 30 billion euros ($34 billion) have been wiped off Bayer’s market value since August, when a U.S. jury found the pesticide and drugs group liable because Monsanto had not warned of alleged cancer risks linked to its weedkiller Roundup.

Bayer suffered a similar defeat last month and more than 13,000 plaintiffs are claiming damages.

Bayer is appealing or plans to appeal the verdicts.

Deutsche Bank’s asset managing arm DWS said shareholders should have been consulted before the takeover, which was agreed in 2016 and closed in June last year.

“You are pointing out that the lawsuits have not been lost yet. We and our customers, however, have already lost something – money and trust,” Nicolas Huber, head of corporate governance at DWS, said in prepared remarks for the AGM.

He said DWS would abstain from the shareholder vote of confidence in the executive and non-executive boards.

Two people familiar with the situation told Reuters this week that Bayer’s largest shareholder, BlackRock, plans to either abstain from or vote against ratifying the management board’s actions.

Asset management firm Deka, among Bayer’s largest German investors, has also said it would cast a no vote.

Baumann said Bayer’s true value was not reflected in the current share price.

“There’s no way to make this look good. The lawsuits and the first verdicts weigh heavily on our company and it’s a concern for many people,” he said, adding it was the right decision to buy Monsanto and that Bayer was vigorously defending itself.

This month, shareholder advisory firms Institutional Shareholder Services (ISS) and Glass Lewis recommended investors not to give the executive board their seal of approval.

(Reporting by Patricia Weiss and Ludwig Burger; Editing by Alexander Smith)

Source: OANN

Listen to https://magaoneradio.net and Listen Daily! Don't Forget to Share Click a Link Below!

Sudan’s military, which ousted President Omar al-Bashir after months of protests against his 30-year rule, says it intends to keep the upper hand during the country’s transitional period to civilian rule.

The announcement is expected to raise tensions with the protesters, who demand immediate handover of power.

The Sudanese Professionals Association, which is spearheading the protests, said Friday the crowds will stay in the streets until all their demands are met.

Shams al-Deen al-Kabashi, the spokesman for the military council, said late Thursday that the military will “maintain sovereign powers” while the Cabinet would be in the hands of civilians.

The protesters insist the country should be led by a “civilian sovereign” council with “limited military representation” during the transitional period.

The army toppled and arrested al-Bashir on April 11.

Source: Fox News World

Listen to https://magaoneradio.net and Listen Daily! Don't Forget to Share Click a Link Below!
FILE PHOTO: Small toy figures are seen in front of a displayed Huawei and 5G network logo in this illustration picture
FILE PHOTO: Small toy figures are seen in front of a displayed Huawei and 5G network logo in this illustration picture, March 30, 2019. REUTERS/Dado Ruvic

April 26, 2019

By Charlotte Greenfield

WELLINGTON (Reuters) – China’s Huawei Technologies said Britain’s decision to allow the firm a restricted role in building parts of its next-generation telecoms network was the kind of solution it was hoping for in New Zealand, where it has been blocked from 5G plans.

Britain will ban Huawei from all core parts of 5G network but give it some access to non-core parts, sources have told Reuters, as it seeks a middle way in a bitter U.S.-China dispute stemming from American allegations that Huawei’s equipment could be used by Beijing for espionage.

Washington has also urged its allies to ban Huawei from building 5G networks, even as the Chinese company, the world’s top producer of telecoms equipment, has repeatedly said the spying concerns are unfounded.

In New Zealand, a member of the Five Eyes intelligence sharing network that includes the United States, the Government Communications Security Bureau (GCSB) in November turned down an initial request from local telecommunication firm Spark to include Huawei equipment in its 5G network, but later gave the operator options to mitigate national security concerns.

“The proposed solution in the UK to restrict Huawei from bidding for the core is exactly the type of solution we have been looking at in New Zealand,” Andrew Bowater, deputy CEO of Huawei’s New Zealand arm, said in an emailed statement.

Spark said it has noted the developments in Britain and would raise it with the GCSB.

The reports “suggest the UK is following other European jurisdictions in taking a considered and balanced approach to managing supplier-related security risks in 5G”, Andrew Pirie, Spark’s corporate relations lead, said in an email.

“Our discussions with the GCSB are ongoing and we expect that the UK developments will be a further item of discussion between us,” Pirie added.

New Zealand’s minister for intelligence services, Andrew Little, did not immediately respond to a request for comment.

British culture minister Jeremy Wright said on Thursday that he would report to parliament the conclusions of a government review of the 5G supply chain once they had been taken.

He added that the disclosure of confidential discussions on the role of Huawei was “unacceptable” and that he could not rule out a criminal investigation into the leak.

The decisions by Britain and Germany to use Huawei gear in non-core parts of 5G network makes it harder to prove Huawei should be kept out of New Zealand telecommunication networks, said Syed Faraz Hasan, an expert in communication engineering and networks at New Zealand’s Massey University

He pointed out Huawei gear was already part of the non-core 4G networks that 5G infrastructure would be built on.

“Unless there is a convincing argument against the Huawei devices … it is difficult to keep them away,” Hasan said.

(Reporting by Charlotte Greenfield; Editing by Himani Sarkar)

Source: OANN

Listen to https://magaoneradio.net and Listen Daily! Don't Forget to Share Click a Link Below!
FILE PHOTO: The logo commodities trader Glencore is pictured in Baar
FILE PHOTO: The logo of commodities trader Glencore is pictured in front of the company’s headquarters in Baar, Switzerland, July 18, 2017. REUTERS/Arnd Wiegmann

April 26, 2019

(Reuters) – Glencore shares plunged the most in nearly four months on Friday after news overnight that U.S. regulators were investigating whether the miner broke some rules through “corrupt practices”.

Shares of the FTSE 100 company fell as much as 4.2 percent in early deals, and were down 3.5 percent at 310.25 pence by 0728 GMT.

On Thursday, Glencore said the U.S. Commodity Futures Trading Commission is investigating whether the company and its units have violated some provisions of the Commodity ExchangeAct and/or CFTC Regulations.

(Reporting by Muvija M in Bengaluru)

Source: OANN

Listen to https://magaoneradio.net and Listen Daily! Don't Forget to Share Click a Link Below!

Listen to https://magaoneradio.net and Listen Daily! Don't Forget to Share Click a Link Below!
Current track

Title

Artist