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Microsoft says virus hurting supply chain more than expected

Microsoft says virus hurting supply chain more than expected

Technology
The virus outbreak in China is hurting Microsoft more than expected, as the company says it won't meet targets that had already factored in the uncertaintyBy MATT O'BRIEN AP Technology WriterFebruary 26, 2020, 10:34 PM2 min readREDMOND, Wash. -- The virus outbreak in China is hurting Microsoft more than expected, as the company said it won't meet targets that had already factored in the uncertainty. In particular, Microsoft said revenue from Windows licenses and its Surface devices “are more negatively impacted than previously anticipated.” The company said demand for Windows products is still strong, but getting the supply chain back to normal is taking longer. That goes for both Microsoft-made Surface devices and Windows products made by third parties, which include Acer and Lenovo. Las
Microsoft: ‘carbon-negative’ by 2030 even for supply chain

Microsoft: ‘carbon-negative’ by 2030 even for supply chain

Technology
Microsoft says it will be 100% “carbon-negative” by 2030 by removing more carbon from the environment than it emitsBy MATT O'BRIEN AP Technology WriterJanuary 16, 2020, 7:52 PM3 min read Microsoft is pledging to become 100% “carbon-negative” by 2030 by removing more carbon from the environment than it emits. CEO Satya Nadella said Thursday that the commitment will happen "not just across our direct emissions, but across our supply chain, too.” It's a major step up from Microsoft's previous green pledges. The tech company had previously said its data centers would be 60% powered by renewable electricity by the end of last year, but environmental groups have said it has fallen short of such rivals as Google and Apple by relying too much on purchasing renewable energy credits to make up for i
Cinema chain reinstates gangland film with ‘increased security’

Cinema chain reinstates gangland film with ‘increased security’

Entertainment
Showcase Cinemas has reversed its decision to cancel all screenings of the gangland film Blue Story.The chain said it was reinstating the London street war drama with extra security after "careful consideration and discussions with the distributor", just hours after it was pulled from its multiplexes across the country. Showcase had announced it would be following rival firm Vue in banning the film, with the latter having revealed more than a dozen of its cinemas had faced problems linked to its release.In an updated statement released on Monday night, Showcase said: "We took the decision to temporarily suspend screenings of Blue Story to enable us to assess the situation. Image: Director and writer Andrew Onwubolu, known as Rapman, has def...
‘Devastated’: 1,000 redundancies as Jamie Oliver restaurant chain collapses

‘Devastated’: 1,000 redundancies as Jamie Oliver restaurant chain collapses

Business
Administrators to Jamie Oliver's restaurant chain say 22 sites have closed resulting in 1,000 redundancies after the business collapsed.KPMG said attempts to bring fresh investment into the celebrity chef's business - at a time of rising costs and fragile consumer confidence - had failed. The business was left without enough cash to trade while in administration, meaning that all but three of its 25 eateries have closed.Jamie Oliver said he was "devastated" as the collapse - first reported by Sky News - was announced. Image: 22 of the 25 sites have closed KPMG said Mr Oliver had made additional funds of £4m available since the start of this year as the business sought to attract new investment but after failing to do so "and in
F-35s grounded 30 percent of the time, GAO says in parts supply chain analysis

F-35s grounded 30 percent of the time, GAO says in parts supply chain analysis

Business
April 26 (UPI) -- The lower-than-desired performance of the F-35 fighter plane is the result of supply chain issues, the General Accounting Office said in a report. The 59-page report, released on Thursday, noted that the plane is unable to fly as often as required because of spare parts shortages and logistical problems in moving parts around the world. GAO said that in the time period analyzed, May to November of 2018, F-35s were unable to fly 30 percent of the time because of shortages and mismatched parts, and that the Defense Department has an order backlog of about 4,300 parts. Parts for the aircraft are made largely in the United States, but also in other NATO countries, and the report said the Defense Department has not fully determined which actions are required to close the pip...