A Chain Cut Through a Capsized Cargo Ship Filled W' Cars: Process Is Fascinating
- Per a representative from St. Simons Incident Response, a team removes links from the chain as the cutting operation advances—this acts to maintain the upward chain tension that cuts through the ship.
- Per a representative from St. Simons Incident Response, the front two sections and sections seven and eight will be removed in the way described above—VB-10000 will lift the sections onto a barge, the barge will then take the sections to a local facility to be cut up and fastened for seat travel to Louisiana.
- Workers did this, per St. Simons Sound Incident Response, as a way to reduce weight on the stern of the ship to make lifting easier for the VB-10000.
English whisky? A spirits pioneer tries to survive the pandemic and Brexit
- Despite being overshadowed by huge Scottish operations that pump out millions of liters of whisky a year, as well as Japanese and American imports, there are now 24 distilleries in England trying to carve out a market niche and survive the coronavirus pandemic and trade uncertainty caused by Brexit.
- The nascent industry has even given rise to Exploring English Whisky, an online organization that gives consumers a place to celebrate their favorite brands. In October, the group organized a virtual conference that featured 14 distilleries, hosting virtual tastings, discussions and quizzes for an audience of around 400 people.
- But the business stabilized thanks to some timely deals and a surge in online sales, with profits rebounding to track 15% higher than last year, according to Szor.
Global stocks edge lower despite the UK's approval of Pfizer and BioNTech's COVID-19 vaccine
- Global stocks edged lower on Wednesday as investors booked profits from November's record-breaking rally, but the UK's approval of Pfizer and BioNTech's COVID-19 vaccine capped losses.
- This is likely because the pound is down 0.4% against the dollar and 0.5% against the euro after reports of tension within the EU over the number of concessions Brexit negotiator Michel Barnier is potentially giving away to the UK, said Connor Campbell, a financial analyst at SpreadEx. But other market watchers were looking beyond some of the shorter-term drivers.
- Some of the biggest gainers in the UK equity market were smaller retail- or travel-related shares, such as brewery group Marston's, restaurant operator Loungers, aircraft-leasing firm Aviation, and cinema chain Cineworld, which all gained between 5% and 8% on the day.
- In Asia, Japan reported that visitors won't be required to get vaccinated before arriving for the Summer Olympics next year.
Ivanti has acquired security firms MobileIron and Pulse Secure
- IT security software company Ivanti has acquired two security companies: enterprise mobile security firm MobileIron, and corporate virtual network provider Pulse Secure.
- In a statement on Tuesday, Ivanti said it bought MobileIron for $872 million in stock, with 91% of the shareholders voting in favor of the deal; and acquired Pulse Secure from its parent company Siris Capital Group, but did not disclose the buying price.
- Just last month, the U.K. government’s National Cyber Security Center published an alert that warned of a remotely executable bug in MobileIron, patched in June, allowing hackers to break into enterprise networks.
- Meanwhile, CISA also warned that Pulse Secure was one of several corporate VPN providers with vulnerabilities that have since become a favorite among hackers, particularly ransomware actors, who abuse the bugs to gain access to a network and deploy the file-encrypting ransomware.
The death of the department store and the American middle class
- As a result, chains that sell brands at sharp discounts like TJ Maxx, Ross, and Dollar General have become more popular, siphoning away shoppers from full-price department stores like Macy’s and J.C. Penney that were designed to cater to a stronger middle class of yesteryear.
- What happens when an entire sector of retail, one that employs more than half a million people, is in free fall — and is slowing or dragging down shopping malls like the American Dream with it?
- As a result, discount chains that sell name brands at a bargain — like TJ Maxx and Ross stores — became much more attractive to middle-class shoppers than department stores selling at full price.
- More mid-priced brands such as Levi’s and Adidas started selling on Amazon and other online marketplaces as department stores targeting the middle class started to struggle, meaning chains like Macy’s now had serious online competition, too.
UK bans installation of Huawei 5G equipment starting September 2021
- UK cellular operators will be banned from installing Huawei 5G equipment after September 2021, the Department for Digital, Culture, Media and Sport has announced.
- The government also released a roadmap to eliminating Huawei-built telecom gear by 2027.
- The UK has reversed tack on its Huawei strategy, having said earlier this year that it wouldn’t yield to US pressure to block Huawei tech from its 5G networks.
- In July 2020, the government revealed that it was working on proposals to ban the use of new Huawei 5G gear and accelerate the removal of equipment already in place.
- The UK government also unveiled a new “5G Supply Chain Diversification Strategy” designed to bring new vendors into the 5G telecom market.
- “We are also publishing a new strategy to make sure we are never again dependent on a handful of telecoms vendors for the smooth and secure running of our networks,” Dowden said.
Radical new bike chain claims to be faster, more durable than anything available
- The future apparently isn’t far away, as New Motion Labs has developed a new Dual Engagement chain that is supposedly able to transfer high power on both sides of the tooth, over nearly all the teeth available to the chain.
- According to New Motion Labs, because the chain engages on both sides of the tooth, it is effectively locked in position, theoretically spreading the power distribution over many teeth, increasing efficiency, and reducing wear.
- I asked New Motion Labs CEO Marcel Fowler if the Dual Engagement chain was something we could possibly see on other forms of bikes in the future, and specifically, if it was compatible with a derailleur system.
- For example, Fowler explained that some riders are currently experimenting with carbon fiber sprockets to reduce friction, but due to the huge forces applied when just a few teeth are engaged, there isn’t sufficient durability to make that material a viable option.