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Japan recently announced an increase in its defense budget so that within five years it will be the third largest in the world. "Israel is important to us. There are many companies here with specialization in cyber. NTT Israel is trying to team up with local startup companies. There is also the potential for acquisitions and investments," said Kazu Yozawa, CEO of NTT Security Japanese Prime Minister Fumio Kishida recently announced an increase in the Japanese defense budget from 1% of the country’s GDP to 2%. This means that within five years the budget will be the third largest in the world after China and the U.S. In an interview with Calcalist, Kazu Yozawa, CEO of NTT Security, the Japanese giant’s cybersecurity subsidiary, says that this is a golden opportunity for Israeli cyber companies. "We work here with many Israeli cyber companies through our innovation center. Our ongoing work with the Japanese government allows us to connect the new contracts with many Israeli companies that offer good solutions for the needs of the Japanese economy." Kazu believes that in the near future we will see an Israeli company be acquired by the Japanese giant. "Israel is very important to […]

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Share Splitting up Google’s ad business would potentially give publishers and advertisers more choice. Google spent the better part of two decades building the world’s most powerful digital advertising machine . Breaking it up would send shock waves through the $500 billion online-ad market. If the U.S. government wins the antitrust lawsuit it filed last week and the Alphabet Inc. GOOG -3.29% internet company is required to spin off technology for brokering ad deals across the web, the separated businesses would be valued at tens of billions of dollars, according to ad and media-industry executives. Continue reading your article with a WSJ membership

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ABB has been streamlining its business to boost profitability, following pressure from shareholders. ABB Ltd. ’s electric-vehicle charging business has raised additional funds from minority investors including Porsche SE and General Atlantic in a second and final round before listing the division. The division, ABB E-Mobility, sold a 12% stake for 325 million Swiss francs ($355 million) to General Atlantic’s BeyondNetZero climate fund, Singapore’s sovereign wealth fund GIC, UK-based investment firm Just Climate and Porsche AG’s holding company Porsche SE, according to a statement Wednesday. The value of the company remains 2.5 billion Swiss francs, the same as in the previous pre-IPO placement round. In November, ABB sold an 8% stake for about 200 million francs to equity fund Interogo Holding AG, family office Moyreal Holding AG and ABB E-mobility Chairman Michael Halbherr. The private placements, which now amount to 525 million francs in funding, will be used to grow the charging business, as the Swiss conglomerate still pursues plans for a listing. ABB, which maintains a 80% holding, in June delayed an IPO of the unit that was set to raise $750 million because of the market rout. The industrials company offers a range of chargers and related […]

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Company’s Supplier Diversity Program Recognized by Women’s Business Enterprise National Council WILMINGTON, Del., Feb. 1, 2023 /PRNewswire/ — DuPont (NYSE: DD ) today announced it has been named one of the 2023 America’s Top Corporations for Women’s Business Enterprises (WBEs) by the Women’s Business Enterprise National Council (WBENC). The America’s Top Corporations award is the only national award honoring corporations for world-class supplier diversity programs that reduce barriers and drive growth for women-owned businesses. Continue Reading 2023 America’s Top Corporations for Women’s Business Enterprises "We’re honored to be recognized as a WBENC 2023 America’s Top Corporation working to increase opportunities for women-owned suppliers and entrepreneurs," said Miguel Gonzalez, Chief Procurement Officer at DuPont. "At DuPont, we are committed to helping our diverse suppliers thrive because their innovation and motivation are critical to our ability to grow and win in the marketplace. Strengthening our supply chain is a priority; cultivating and developing relationships with diverse suppliers in the communities where we live and work is our goal." "WBENC is proud to honor the 2023 America’s Top Corporations for Women’s Business Enterprises, including DuPont, for their continuous and growing commitment to creating business opportunities for women-owned businesses," said Pamela Prince-Eason, President […]

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Amazon’s drone delivery program has been in the works since 2013. Amazon launched its Prime Air drone delivery program ten years ago. A string of crashes at one test site has led some employees to raise safety concerns. Prime Air’s safety teams have been hit hard by Amazon’s far-reaching layoffs, employees said. Top editors give you the stories you want — delivered right to your inbox each weekday. Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. Email address By clicking ‘Sign up’, you agree to receive marketing emails from Insider as well as other partner offers and accept our Terms of Service and Privacy Policy . When Amazon announced last summer that the towns of College Station, Texas, and Lockeford, California, would be its first test sites for package delivery by automated drone , some residents expressed concerns. The possibility of Amazon’s nearly-90-pound drone "falling from the sky onto our home, onto our car, onto our children" was nerve-wracking, College Station resident Amina Alikhan said at a public meeting last summer. Amazon did its best to assuage those anxieties. "Safety is of the utmost importance" to Amazon, […]

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AMD stock rose Wednesday after the chipmaker reported stronger-than-expected data center chip sales in the fourth quarter. But Advanced Micro Devices ( AMD ) tempered that news with soft guidance for the current period. The Santa Clara, Calif.-based company late Tuesday said it earned an adjusted 69 cents a share on sales of $5.6 billion in the December quarter. Analysts polled by FactSet had expected AMD earnings of 67 cents a share on sales of $5.51 billion. On a year-over-year basis, AMD earnings fell 25% while sales rose 16%. The acquisition of Xilinx boosted revenue and helped offset declining PC and gaming chip sales. In the fourth quarter, AMD’s PC chip sales dropped 51% year over year to $903 million amid weak personal computer demand. Gaming segment revenue slid 7% to $1.6 billion. Meanwhile, data center chip sales increased 42% to $1.7 billion, driven by Epyc server processors. AMD Stock Rises After Report For the current quarter, AMD predicted sales of $5.3 billion, down 10% year over year. Analysts were looking for $5.5 billion in the first quarter. On the stock market today , AMD stock jumped 12.6% to close at 84.64. During the regular session Tuesday, AMD stock […]

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Here are seven ways ChatGPT can make your job easier. ChatGPT won’t replace your job anytime soon. But it can make it a little bit easier. With its impressive functions, the buzzy AI chatbot could give some workers a "productivity boost." Insider compiled a list of seven ways workers can use the AI tool to help do their jobs. Sign up for our newsletter for the latest tech news and scoops — delivered daily to your inbox. Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. Email address By clicking ‘Sign up’, you agree to receive marketing emails from Insider as well as other partner offers and accept our Terms of Service and Privacy Policy . OpenAI’s ChatGPT and similar AI tools may not replace jobs anytime soon . But they can help workers across many industries – from tech to media – do their jobs better and more quickly. "It’s almost like a bit of a productivity boost that some of these occupations might get," Anu Madgavkar, a partner at economic research firm McKinsey Global Institute, told Insider. The buzzy conversational chatbot – which attracted one million […]

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Twitter is reportedly planning to charge businesses $1,000 to keep gold checks. Social media consultant Matt Navarra first reported that Twitter is reaching out to businesses about the plan. There is reportedly no timeline for when non-paying accounts will lose their checks. Elon Musk also tweeted about other changes this week, such as removing "legacy" blue checks. Sign up for our newsletter for the latest tech news and scoops — delivered daily to your inbox. Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. Email address By clicking ‘Sign up’, you agree to receive marketing emails from Insider as well as other partner offers and accept our Terms of Service and Privacy Policy . In the latest revenue generating effort for Elon Musk’s Twitter, the social media giant is reportedly set to make businesses pay $1,000 per month to keep their gold verification check. Social media consultant Matt Navarra first reported the new charge, along with screenshots allegedly showing Twitter employees offering the price to businesses looking to sign up as a "Verified Organization." The Information confirmed the report Friday, adding that it is currently unclear when the […]

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Southwest Airlines’ customers remain loyal despite service meltdowns: Sal Lagonia 00:00 00:0002:54GO LIVE Facebook Twitter Email Embed SpeedNormal Autoplay Southwest Airlines is reportedly reducing the number of hours prospective pilots must have spent flying jets and other turbine-powered aircraft. While the airline had required applicants to have spent at least 1,000 hours flying such aircraft, The Wall Street Journal said Saturday that it will now consider candidates with less of that type of experience. The outlet said the change is set to go into effect Feb. 7, citing a message sent to pilots this week. The carrier reportedly has noted there was an increased demand for highly qualified pilots across the industry. Southwest Airlines pilots conduct a pre-flight check in the cockpit of an airplane on the tarmac at Los Angeles International Airport (LAX) in Los Angeles Sept. 6, 2013. The pilot credentials listed on Southwest’s website show 500 hours in a fixed-wing turbine aircraft are "preferred." Ticker Security Last Change Change % LUV SOUTHWEST AIRLINES CO. 36.35 -0.47 -1.28% Powered By Southwest Airlines told FOX Business in an emailed statement it had exceeded its 2022 hiring goal and was on an early track to meet its expanded 2023 […]

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Flybe passenger aircraft on the tarmac at Exeter Airport, Exeter, UK. Deutsche Lufthansa AG and Air France-KLM are in talks to buy bankrupt UK airline Flybe , the Telegraph reported , without saying where it obtained the information. Lufthansa and Air France-KLM are considering an offer because they are interested in Flybe’s seven pairs of take-off and landing slots at London’s Heathrow airport and five pairs of slots at Schiphol in Amsterdam, the Telegraph said. Media representatives at Air France and Lufthansa declined to comment. Flybe ceased operations last month, less than a year after the low-cost airline returned to the skies after an initial bankruptcy in 2020 triggered by the Covid-19 pandemic. The airline operated seven daily flights at Heathrow, Britain’s busiest airport, to Amsterdam, Belfast, Newcastle and Newquay in Cornwall, Cirium data show. The carrier’s bankruptcy administrator has just days to work out a rescue and avoid the business being wound down, the Telegraph said. Lufthansa and Air France-KLM have been competing elsewhere of late. The German carrier last month entered talks with the Italian government to buy a minority stake in ITA Airways, the successor of Alitalia SpA. Air France-KLM also was interested in the ITA […]

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