Category Archives: Technology

Business/Economics, International, Technology, U.S.

March 11 Tsunami debris, including waterborne radioactive contamination, will reach U.S. in 4 months, EPA to begin monitoring

November8, the Environmental Protection Agency (EPA), and the National Oceanic and Atmospheric Administration (NOAA), will begin monitoring for at least three million tons of tsunami debris, due to hit Hawaii by March 2012.

Debris has already reached 900 kilometers (559 miles) west of the Midway Islands.  Scientists are warning that the debris (not to mention debris contaminated with radiation) will affect ecosystems, and tourism.

Japan’s National Institute for Environmental Studies made the official estimate of three million tons of debris, and we all know how the Japanese government underestimates things!  The flotsam will hit the west coast of North America by the end of 2012.

Business/Economics, International, Technology, U.S.

What Economic Recovery? Toyota to cut production by at least 30%, blaming floods

First the March 11 disasters in Japan, now the floods in Thailand.  Toyota says they can’t get enough parts to build their cars.

Toyota and Honda are suffering major parts supply problems (Honda already cut North American production by 50%).

Toyota is cutting back on worldwide production.  November 7, according to NHK, Toyota will be forced to cut production by at least 30%.

Toyota was trying to recover from the March 11 disasters, and had hoped to produce 330,000 vehicles in Indonesia, for the month of November.  Now they are hoping they can produce 230,000.

Blame it on the incompetent ‘just in time’ parts supply policy.

 

 

Business/Economics, International, Technology, U.S.

Occupy the World, Corporate Incompetence: Camera maker Olympus never reported losses, for at least a decade!

November 8, scandal for Japanese owned camera and industrial equipment maker Olympus: They deliberately kept losses off their finance books since the 1990s.

More proof that corporations can’t be trusted. The scandal wasn’t the result of Olympus officials confessing, it was the result of a third party investigation!

The losses come from securities investments.  Company officials tried to cover up the losses by blaming it on consulting fees, and the purchase of three smaller companies.

Olympus stock is now crashing on the Japanese stock market.  Olympus Vice President Hisashi Mori was fired for his involvement in the cover up.

 

International, Technology

Asteroid 2005 YU 55 will come close to Earth, closer than the Moon

NASA says on November 8, asteroid 2005 YU 55 will come very close to the Earth.

The asteroid is 400 meters (1,312 feet) in diameter, and at the closest point will be only 320,000 kilometers (198,000 miles) from Earth, that’s within the orbit of the Moon.

This isn’t a rare occasion; the last time such a close encounter happened was 35 years ago.

International, Technology, U.S.

World War 3: Israel develops ballistic missile, the target; Iran

November 3, Israel’s Defense Ministry said they had test fired a ballistic missile.  Observers say the latest test-firing is a warning against Iran’s nuclear program.

Israeli Prime Minister Benjamin Netanyahu warned of a “direct and heavy threat” posed by Iran’s nuclear program.

The testing of the ballistic missile was not announced in advance.  Some Israeli media sources say this is part of the Israeli government’s plan to attack Iran.  However officials in Netanyahu’s administration say regarding the missile test and Iran “The two things are separate”.

 

Business/Economics, International, Technology, U.S.

What Economic Recovery? Sony blames $2 billion loss on the United States & Europe, no more Sony TVs for you

On November 3, Sony announced that its television division is likely to post a record loss of about U.S.$2.2 billion for 2011.  That makes eight straight years of losses!

Sony is blaming poor sales in the United States and Europe.  This is more proof that the U.S. is no longer the market place for the World’s manufacturers.

Sony Executive Deputy President Kazuo Hirai says there is no sign of any economic recovery, and the company will revise downward its mid-term sales target by half.  Sony will also cut way back on TVs sold in Europe and the U.S.

Panasonic and Sharp say they will do the same.

 

International, Technology

Government Incompetence: Inspectors screw up approval of nuclear fuel rods

The Japan Nuclear Energy Safety Organization admitted it allowed nuclear fuel rods to pass quality checks using a faulty factory manual.

Government inspectors used the manufacture’s manual to inspect four sets of fuel rods.  They approved three of the sets.  The problem is that the approved sets did not match up with the length stated in the manual.  The rods were four meters (13 feet) long, the manual said they should have been 5 centimeters shorter.

Government officials say they will correct future inspections.

Business/Economics, International, Technology

Government Incompetence: Japan will now study 1986 Chernobyl nuclear accident

In a classic example of too little too late, Japan will now spend big money to study the effects of the 1986 Chernobyl nuclear accident!

Japan will expand its Ukrainian embassy staff to include two nuclear specialists and three translators.  The staff will also be equipped with gear for dealing with radiation.  They will interview Ukrainian and former Soviet officials, and residents about the effects of radiation contamination, and how to deal with a nuclear disaster.

The Japanese government said they will spend about U.S.$2 million on the project.  You’d think a country that got so involved with nuclear power would have included, as part of its nuclear disaster preparedness, a detailed study of the 1986 Chernobyl disaster!

Business/Economics, International, Technology, U.S.

What Economic Recovery? SAAB sold to China, at a loss

SAAB has new Chinese owners.  The car maker was sold at a loss, after it filed for bankruptcy in September.  SAAB hasn’t made any cars in its factory in Sweden, since April!

SAAB was originally offloaded by GM to Dutch company Spyker (now Swedish Automotive).  Chinese distributor Pang Da Automobile Trade, and auto manufacturer Zhejiang Youngman Lotus Automobile will pay about U.S.$142 million for SAAB.

SAAB joins Volvo in becoming a Chinese owned company.  In 2010 Volvo was sold by Ford, also at a loss, to Chinese company called Geely.

SAAB sales in the U.S. suck, in September only 429 cars were sold.  So far for the year 2011 only 4,612 cars have been sold.  In 2003 SAAB sales in the U.S. were ten times that (40,000 cars)!

 

 

Business/Economics, International, Technology

German police NAZIs work with Skype, Yahoo, Firefox, MSN to spy on you, the United States is involved

“We got our hands on it and found it is doing much more than it is legally allowed to do.”– Frank Rieger, Chaos Computer Club

The German government allows cell phone conversations to be spied on, but hackers discovered that the software used actually violates the government’s own legal limits.

It’s called Bundestrojan. Germany’s Federal Constitutional Court said it was legal as long as it screened only internet telephone calls. But, Bavarian police, and several other German states, are logging keystrokes, activating cameras, monitoring internet users’ activities and sending data to government officials.  All illegal.

Hackers also found out the United States is involved: “To avoid revealing the location of the command and control server, all data are redirected through a rented dedicated server in a data center in the U.S.”–Chaos Computer Club

A Finnish tech company, in Helsinki, also found that the Bundestrojan is intercepting data entered into web browser Firefox, as well as the instant messaging programs MSN and ICQ.

Antivirus vendor, Kaspersky Lab in Germany, investigated Bundestrojan’s capabilities:  “Amongst the new things we found in there are two rather interesting ones: Firstly, this version is not only capable of running on 32 bit systems; it also includes support for 64 bit versions of Windows.  Secondly, the list of target processes to monitor is longer than the one mentioned in the CCC report.  The number of applications infected by the various components is 15 in total.”– Tillmann Werner, Kaspersky Lab

Targeted applications includes Internet Explorer, Firefox and Opera, programs with VoIP and data encryption functionality, including ICQ, MSN Messenger, Yahoo Messenger, Skype, Low-Rate VoIP, CounterPath X-Lite and Paltalk.

German officials are calling for an investigation.  Hackers say this is a result of society putting security ahead of freedom: “Unfortunately, for too long the (government) has been guided by demands for technical surveillance, not by values like freedom or the question of how to protect our values in a digital world.”–Chaos Computer Club