Daily Archives: May 7, 2017


China to Strengthen Its Controls Over the Internet

China will further tighten its internet regulations with a pledge Sunday to strengthen controls over search engines and online news portals, the latest step in President Xi Jinping’s push to maintain strict Communist Party control over content. Xi has made China’s “cyber sovereignty” a top priority in his sweeping campaign to bolster security. He has also reasserted the ruling Communist Party’s role in limiting and guiding online discussion. The five-year cultural development and reform plan released by the party and State Council, or Cabinet, calls for a perfecting of laws …


Buffett Talks Wells Fargo, IBM and His Successor at Annual Meeting

Warren Buffett, the chairman of Berkshire Hathaway Inc., Saturday faulted Wells Fargo & Co for failing to stop employees from signing up customers for bogus accounts even after learning it was happening. Wells Fargo, whose largest shareholder is Berkshire, with a 10 percent stake worth roughly $27 billion, gave employees too much autonomy to engage in “cross-selling” multiple products to meet sales goals, Buffett said. This “incentivized the wrong type of behavior,” and former Chief Executive John Stumpf, who lost his job over the scandal, was too slow to fix …


Buffett: GOP Health Care Bill a Tax Cut for the Rich

Berkshire Hathaway Inc Chairman Warren Buffett fumed Saturday that health care costs are eating away at the U.S. economy like “tapeworm” and said the Republican approach to overhaul Obamacare is a tax cut for the rich. The U.S. House of Representatives on Thursday narrowly approved a bill to repeal and replace Obamacare, a victory for Republican President Donald Trump who has called the 2010 law a “disaster.” Speaking at Berkshire’s annual shareholders’ meeting in Omaha, Buffett said his federal income taxes last year would have gone down 17 percent had …


Metal Fabric Printed as One Piece

3D printing with metals is rapidly changing the way parts are being manufactured because it is now possible to create continuous complex shapes. Where once parts had to be welded to close the gaps, they can now be made as one solid piece. NASA’s scientists say they can now print flexible material made of intertwined metal rings. VOA’s George Putic reports. … From: MeNeedIt


US Bobsledding Star, Steven Holcomb, Dies at 37

Steven Holcomb was simultaneously ordinary and remarkable. America’s best bobsled pilot was a self-described computer geek who would rub elbows with Hollywood stars. He was never exactly in the best of shape, yet was a world-class athlete. He attempted suicide years ago, then revealed his story with hopes of helping others. He was a man who nearly went blind, then became an Olympic gold medalist. His life was the epitome of a bobsled race, filled with twists and turns. ‘Huge loss, huge loss’ It came to a most unexpected end …