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Monthly Archives: March 2023

Covington & Burling was hacked, SEC is now suing the D.C. law firm

People exit the headquarters of the U.S. Securities and Exchange Commission (SEC) in Washington, D.C., May 12, 2021. Andrew Kelly | Reuters Covington & Burling has more than 700 lawyers in Washington, D.C., where the international firm has built a reputation of working with regulators rather than fighting them. But …

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Lenovo confirms new model for 2023

Motorola plans to launch the next generation of the Razr foldable device “very soon,” according to the CEO of Lenovo. Motorola rebooted the iconic Razr brand in 2020 as a device with a bendable screen. Dimitrios Kambouris | Getty Images Entertainment | Getty Images BARCELONA, Spain — A new version …

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Denmark to scrap public holiday to help meet NATO spending goal

Denmark’s 179-seat parliament voted by 95 to 68 to approve the government’s proposal to scrap Great Prayer Day, a religious holiday that falls on the fourth Friday after Easter. Liselotte Sabroe | Afp | Getty Images Danish lawmakers voted to abolish a springtime public holiday from the national calendar and …

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Delta pilots wrap voting on new contract with big raises

A pilot walks past the windows at the newly renovated Delta terminal D at LaGuardia Airport in New York March 6, 2021. Timothy A. Clary | AFP | Getty Images Delta Air Lines pilots on Wednesday will wrap up voting on a new contract that includes 34% raises over four …

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Brexit deal could resurface Britain’s healthy fundamentals’ if EU relations strengthen

Speaking at a news conference, Sunak described the new agreement — known as the Windsor Framework — as “the beginning of a new chapter” for the relationship between the U.K. and the EU. Dan Kitwood | Getty Images News | Getty Images LONDON — The new Brexit deal between the …

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Qualcomm CEO says planning for Apple to make own iPhone modems from 2024

Apple is moving to in-house 5G modem chips for its 2024 iPhones, as far as the chief executive of Qualcomm — which currently produces them for the tech giant — is aware. “We’re making no plans for 2024, my planning assumption is we’re not providing [Apple] a modem in ’24, …

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Aston Martin shares surge on profitability forecast for 2023

Aston Martin DBX707 SUV Courtesy: Sassy Films | Aston Martin LONDON — British luxury carmaker Aston Martin Lagonda forecasts better profitability this year, after widening its 2022 pretax losses on the back of a weakening U.K. currency. The company more than doubled year-on-year pretax losses to £495 million ($598 million) …

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UK house prices post sharpest annual fall for a decade

March 1, 2023: U.K. house prices saw their sharpest annual decline since 2012 in February, according to Nationwide. Christopher Furlong | Getty Images News | Getty Images LONDON — U.K. house prices fell by 1.1% annually in February, their first annual decline since June 2020 and the sharpest contraction since …

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$33 billion fintech giant Revolut reports first-ever annual profit

Nikolay Storonsky, founder and CEO of Revolut. Harry Murphy | Sportsfile for Web Summit via Getty Images Financial technology giant Revolut reported its first-ever annual profit in 2021, according to financial accounts released Wednesday, as subscriptions to its paid packages and overall usage of its app grew sharply. The company …

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Next generation will have devices in their skin

Martin Cooper places first call on mobile phone on April 3, 1973 AP BARCELONA, Spain — One day phones will become devices integrated into our skin, rather than the black rectangular slabs we’ve become accustomed to, according to the inventor of the cell phone. “The next generation will have the …

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