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US space company upbeat on next Moon mission despite lander's demise
US space company upbeat on next Moon mission despite lander's demise
Economy
by  AFP

The head of the American space company whose lunar lander failed this week in its mission to reach the Moon expressed optimism Friday that the next attempt would achieve its goal. Astrobotic's Peregrine lander was launched on January 8 under an experimental new partnership between US space agency NASA and private industry intended to reduce costs for American taxpayers and seed a lunar economy.

Microsoft says exec email breached in Russia-backed hack
Microsoft says exec email breached in Russia-backed hack
Technology
by  AFP

Hackers linked to Russia's intelligence service broke into email accounts of senior Microsoft executives, according to a regulatory filing available Friday. The hackers then used that "foothold" to access some Microsoft corporate email accounts including those of senior leaders and security team members, taking emails and attached documents.

LA Times staff walk out over job cut threats
LA Times staff walk out over job cut threats
Economy
by  AFP

Unionized journalists at the Los Angeles Times walked off the job Friday for the first time in the paper's 142-year history, after management said it planned significant job cuts to help plug a gaping financial hole. No official number was put on the planned job cuts, but reports said it could be at least 100 journalists -- around a fifth of the newsroom.

US Fed official says 'premature' to expect rate cuts soon
US Fed official says 'premature' to expect rate cuts soon
Economy
by  AFP

The US Federal Reserve's fight against inflation is far from over and it is "premature" to expect rate cuts around the corner, a senior US central bank official said Friday. The interventions from Fed officials this week appear to have changed market perceptions of when the US central bank will start loosening monetary policy, with futures traders now far less confident of a March rate cut.

Sports Illustrated magazine lays off staff
Sports Illustrated magazine lays off staff
Economy
by  AFP

Staff at Sports Illustrated, the famed American sports magazine that became a fixture for athletes and fans, were laid off on Friday by publisher The Arena Group, according to the SI employees union.