Lenovo Group Ltd saw its stock fall more than 17% on Monday, its biggest intraday decline in over a decade, after the Chinese technology giant withdrew its application for a 10 billion yuan ($1.55 billion) share listing in Shanghai. The world's biggest personal computer maker on Friday said it would withdraw its application, days after it had been accepted by Shanghai's STAR Market. On Sunday, Lenovo said it had done so because of the possibility of the validity of financial information in its prospectus lapsing during the application's vetting.
LONDON (Reuters) -The United States has already lost the artificial intelligence battle to China which is heading towards global dominance because of its advances in emerging cyber capabilities, the Pentagon's former software chief told the Financial Times. China, the world’s second largest economy, is likely to dominate many of the key emerging technologies, particularly artificial intelligence, synthetic biology and genetics within a decade or so, according to Western intelligence assessments.
The U.S. Treasury is being held hostage by Republican Senator Ted Cruz's efforts to halt a Russia-to-Germany gas pipeline, blocking critical appointments when the federal debt limit remains a pressing issue, White House officials and Democrats in Congress say. Only four confirmed nominees are in place in the top ranks of the Treasury, of about 20 slots for presidential picks, officials say. More than eight months after President Joe Biden took office, his nominees across the government are being approved at a slower rate than the past three presidents, federal data shows.
Sydney's oldest pub opened one hour early on Monday to welcome back its regulars after the city emerged from a more than 100-day lockdown, allowing COVID-19 vaccinated locals to enjoy new freedoms including a morning beer at their favourite bar. Soon after doors opened at 9:00 a.m. (2200 GMT Sunday), a handful of customers filled up one side of the bar at the Fortune of War, an almost two century-old pub looking out towards Sydney's main ferry and cruise ship wharf in The Rocks precinct. Speed said no-one can remember when the Fortune of War was last forced to close for an extended period, although he said it was likely during the Spanish Flu pandemic a century ago.
The cash-and-stock transaction would value AspenTech at about $160 per share, the report said, citing company officials. The price implies a premium of about 27% to AspenTech's close on Oct. 6, before Bloomberg 遞四方集運倉 first reported talks between the two companies, and about 13% to the company's last close on Friday. Emerson will own 55% of the combined company, while AspenTech shareholders will own the rest, the report said, adding that the new company will retain AspenTech's name and would be led by its current Chief Executive Officer Antonio Pietri.
“Police in schools are symbolic … Schools with school resource officers are not necessarily any safer.”
“To protect children, someone should stand guard.”
“Every dollar spent on police … would be better invested in trained professionals that support, not criminalize children.”
“Let’s not involve law enforcement too soon when no one is under threat. But the simple fact is that some kids should face arrest.”
“No school police officer patrolling the halls denotes safety; rather, they denote a walking threat.”