UK

Hitachi abandons UK nuclear power station projects

Lavern Vogel 1 day ago

Horizon Nuclear Power will end producing two British isles projects subsequent a conclusion by Hitachi to pull out of the scheme.

The decision to abandon developing new electrical power stations at Wylfa Newydd on Anglesey and at Oldbury on Severn, in South Gloucestershire, offers a big blow to the nuclear marketplace and hopes of producing thousands of new work opportunities.

Hitachi announced it will close company functions on the nuclear electrical power plant development venture at Wylfa, which was suspended in January 2019.

The Japanese firm claimed: “Hitachi made this conclusion specified that 20 months have handed because the suspension, and the expenditure atmosphere has grow to be increasingly severe because of to the effect of Covid-19.”

Horizon chief government Duncan Hawthorne claimed: “I fully grasp this announcement will be disappointing for our many supporters who had hoped to see our venture through to completion. Wylfa Newydd on

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Save Arm — UK Could Lose Access to Own Tech

Lavern Vogel 3 days ago

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“This puts Britain in an invidious position”

Dr Hermann Hauser, a founder of British chipmaker Arm, says an agreed $40 billion sale of Arm to US rival NVIDIA could outcome in “American vassalage” and outcome in the Uk getting blocked from “our own microprocessor technology” — in an outspoken intervention in opposition to the landmark deal agreed by the two companies’ boards this week.

He spoke out after NVIDIA signed up to the biggest semiconductor acquisition the market place has witnessed agreeing to fork out Arm’s Japanese operator SoftBank a total of $21.five billion in NVIDIA stock and $twelve billion cash in the highest profile dealhigh-profile, substantial-affect tech deal since IBM’s $36 billion buyout of Red Hat in 2018.

Despite pledges by NVIDIA to continue to keep work and innovation in the Uk (including the start of a new tech incubator and design of an Arm-driven supercomputer)

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UK, European Banks, Fintechs Being Targeted with Malicious KYC Docs

Lavern Vogel 2 weeks ago

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“This innovation in strategies and equipment has helped the group stay beneath the radar”

A new Python-primarily based distant entry trojan (RAT) is becoming deployed by a advanced hacking group — which is employing phony Know Your Buyer (KYC) paperwork to assault economical expert services companies across the EU and Uk.

The PyVil RAT has been created by Evilnum, an state-of-the-art persistent menace (APT) group. The group has been tracked given that 2018 by researchers from Boston-primarily based Cybereason, who say the toolkit is a new 1 from the group — which is also growing its command and command infrastructure quickly.

The RAT allows attackers exfiltrate information, carry out keylogging, consider screenshots and steal qualifications by employing supplementary secondary equipment. It is becoming shipped through a phishing assault comprising a single LNK file masquerading as a PDF which consists of a array of ID paperwork like driving

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