Tag Archives: buying

Trump tells NATO allies to spend more… like thrifty Pentagon buying $1.2k mugs & $10k toilet seats?

Toilet seat covers that cost $ 10,000? Coffee mugs for $ 1,200 apiece? No wonder NATO countries aren’t too keen to follow US military spending benchmarks. Even the Pentagon is looking for better deals and 3D printing for savings. While President Donald Trump browbeats NATO allies into increasing their military spending, the US Department of Defense is spending untold amounts ...

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India likely to ignore Washington’s call to stop buying Iranian crude oil

India doesn’t recognize unilateral sanctions, so the country is unlikely to comply with the US demand to halt oil imports from Iran, according to India’s top oil official. On Tuesday, a senior State Department official said that the White House demanded countries cut all imports of Iranian oil from November with no exemptions expected to be entitled. Washington announced plans ...

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United States demands that Japan stops buying oil from Iran – reports

Washington has asked Tokyo to halt all crude purchases from Iran, insisting that its allies cease all trade with the country, according to Bloomberg. Read more The request was made during a meeting between US and Japanese officials in Tokyo this week, according to the media. No decision has been made yet, though, and talks will continue. This means that ...

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Microsoft is buying AI startup, Bonsai

If all of the big tech co’s agree on one thing at the moment, it’s that artificial intelligence and machine learning point the way forward for their businesses. As a matter of fact, Microsoft is about to acquire Bonsai, a small Berkeley-based startup it hopes to make the centerpiece of its AI efforts. The company specializes in reinforcement learning, a ...

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‘Buying arms is a sovereign decision’ – Qatar FM rejects alleged Saudi threats over S-400 deal

Qatar’s Foreign Minister has rejected Saudi Arabia’s reported threats of military action over Doha’s interest in buying Russian S-400 missile systems. He said the country can decide for itself what weapons to buy. “The purchase of any military equipment is a sovereign decision that no country has anything to do with,” Mohammed bin Abdulrahman Al Thani told Qatari TV channel ...

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Netflix says shows produced by Obama won’t be political, but Americans not buying it

Netflix’s Chief Operating Officer Ted Sarandos has said the streaming service is not veering to the political left despite a $ 50 million deal with former US president Barack Obama — but people are not buying it. Speaking at an industry event in Beverly Hills on Tuesday, Ted Sarandos said that Netflix’s multi-year deal with the former president and his ...

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After buying Flipkart, Walmart seeks allies to join its fight against Amazon in India

The rumors are true: Walmart has bought a controlling stake in India’s Flipkart. This isn’t a straight-up acquisition, however, because, rather than going it alone, the U.S. retailer is enlisting strategic allies as it takes its fight to Amazon in a new region. Walmart has an existing offline retail business in India, but enter the online space puts it up against Amazon, ...

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New ‘hottest flashpoint’? Taiwan mulls buying US Abrams tanks to counter China

Taiwan is considering purchasing American M1A2 Abrams tanks to defend its shores from China’s potential aggression, Taipei’s defense minister said, claiming that the island might become a new “hottest flashpoint” in the region. Taipei is contemplating the procurement of US M1A2 Abrams tanks to serve as a coastal line of defense should mainland China chose to reassert its sovereignty over ...

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Twitter banned Russian security firm Kaspersky Lab from buying ads

The U.S. government isn’t the only one feeling skittish about Kaspersky Lab. On Friday, the Russian security firm’s founder Eugene Kaspersky confronted Twitter’s apparent ban on advertising from the company, a decision it quietly issued in January. No matter how this situation develops, we won’t be doing any more advertising on Twitter this year. The whole of the planned Twitter ...

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Turkey ‘may face sanctions’ for buying Russian S-400 missiles and not toeing US line – diplomat

Ankara’s decision to buy S-400 air defense systems from Russia exposes Turkey to possible US sanctions and may bar it from getting F-35 jets, a State Department official said, adding that Turkey should “align with the West.” The warning came on Wednesday from Assistant Secretary of State Wess Mitchell, who spoke to the House Foreign Affairs Committee on behalf of ...

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