BusinessInternational

Liberty Steel Cash Injection to Save 660 Jobs

In an effort to evade job loss of employees at its Rotherham plant in the UK, Liberty Steel, a global steel manufacturing and mining company, has received an injection of nearly $70 million (£50 million) in shareholder funds into the company. This comes after the company’s major financial service lender, Greensill Capital, filed for insolvency protection earlier this year. These funds will be issued through a separate corporate entity called Liberty Captial. 

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TechnologyTrending

Ex-Cybersecurity Officer Bodes Warning in Farewell to the Department of Defense

Nicholas Chaillian, a French-born, former technology entrepreneur turned U.S. Government Executive is stepping down from his role as Chief Software Officer of the Air Force, a role he has held since May of 2018. In a bombastic resignation statement, a frustrated Chaillian claims that the U.S. has all but lost the battle to control Artificial Intelligence (AI).

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