Company will pay a $200 million fine for inadvertently releasing sensitive data.
Text of the article:
*Raytheon Technology Corp. (RTX) has been assessed a $200 million fine for violating export laws involving exchanging information on U.S. combat aircraft with prohibited countries. The laws are associated with the International Traffic in Arm Regulations. According to the U.S. State Department, RTX is guilty of improperly classifying and controlling exports of defense articles, including classified material.
Sensitive information on the F-22 Raptor, F-35 Lightning II, and B-2 Spirit bomber was mistakenly made available to Russia, China, and Iran.
According to a Reuters report, RTX voluntarily disclosed its errors. At a July 25 earnings call with investors, the company said it had earmarked $1 billion to resolve three separate legal issues that it said were primarily identified during the integration of firms Rockwell Collins and Raytheon/United Technologies into RTX in April 2020.
According to a U.S. State Department document released last week, one of the transgressions involved providing Chinese nationals in Shanghai with information that was more sensitive than RTX employees realized on “an aluminum display housing component of the F-22 Raptor Fighter Aircraft.”
On the earnings call, RTX told investors, "As part of the resolution of each of these three matters, we will be required to retain independent compliance monitors over the three-year term of the agreements." Half of the fine will be spent to fund a remedial compliance program.*
Own take:
First of all, hahahahaha!! This is what you get for being such a free market fundamentalist shithole that you leave war production in the hands of the private sector! Also China wins again by doing absolutely nothing lol
I think this punishment is extremely lenient considering this could be viewed as treason. It's barely .012% of their market cap, so it's like a speeding ticket for a normal person. Also it mentions they are having three other violations at the same time, so this is apparently a regular occurrence. In my opinion, this just goes to show how deep the US government is in the pocket of these companies.
Even if you ignore the unplastered brick wall with the trident hastily slapped on, the uncomfortably tiny glass table without a cloth, the main course being served on a saucer, and the fact that they brought the emissary of their most powerful ally water in plastic bottles and then just left it there, it really speaks to the post-Soviet rebirth of Ukraine's cultural identity that senior diplomats on state visits are served Italian food
Lol they can't even buy the bullets to shoot themselves in the foot
According to Elon Musk in 2016, Space X would have produced an unmanned Mars mission by 2018; and according to him in 2020 there should have been cargo trips in 2022
A statue of what though? I think this trident thing is exactly the right symbol to represent the anonymous historical void that is the source and the sink of this regime
Hot take: Even at its height at the end of the 1970s, the Warsaw Pact never stood the shadow of a chance against global capital, neither in terms of weaponry, nor economy, nor geographical extent. Stalin's legacy was snuffed out long before it could create the conditions necessary for the Eastern Bloc to survive through the brunt of imperialism. The US only panicked about the Soviets because they were pint-sized when all of its previous adversaries were microscopic, and the fact that the USSR survived 35 years after destalinisation can only be credited to the remaining embers of Marxism-Leninism, the brilliancy of its workers, and the uncurable malaise of its enemy.
If even the Red Army could defeat your splinter ideology, how do you see it faring against global capital?
It isn't even bizarre if you consider that every foreign notion that enters the general vicinity of the US is immediately ripped apart and absorbed by a churning maelstrom of confusion and misinformation explicitly designed to prevent the formation of anything resembling coherent political thought. If you want bizarre, look at a Qanon map
Perhaps getting rid of the British to improve our nutritional value wasn't such a good idea after all
First the ghost of Kiev, now a shell necromancer. What's next, are they sending warlocks to the front lines?
Next up is the lathe, now will Trudeau be smart enough to keep his tie away from it?
Terry Gilliam needs to sue them over copyright infringement for ripping off the movie Brazil
Mfs getting dangerously close to an integer overflow
We should be critically supportive of the TSA, given that it helps accelerate the downfall of the empire by wasting 9.7 billion dollars per year on unfounded paranoia
It's a real shame they can't just ask the Soviet Union for help
Time, as the negative unity of being outside of itself, is just as thoroughly abstract, ideal being: being which, since it is, is not, and since it is not, is.
Kissinger would be running his mouth discussing the specs, pros and cons of every apparatus that is applied to him while pushing his glasses up the nose and then leak classified floor plans of some Estonian CIA black site on Discord in order to prove his points in real time like a fucking torture otaku
They can't actually fight under the French flag because feigning surrender is a war crime
The "control your subjects" quote is not even that far fetched, because in order to perpetuate itself, the capitalist class must adopt its own version of dialectical materialism so that it can learn how to avoid or defeat revolutions and minimise the damage of economic crises on its end.
The problem with learning this capitalist kind of theory is that it limits its user to the portion of history before a successful revolution occurs. It tells them nothing about the culture and the society of the economy that will follow, nor about their own role in it. They will lie awake pondering the simplest question that any proletarian who has read even just a Marxist leaflet could answer, as if it were an indeterminable enigma such as the shape of the universe. Such a theory may be able to teach calm indifference when Marxism teaches horror and revulsion, but it must be silent in the face of existential dread when Marxism begins teaching hope.
If you really believe that, you better start stockpiling Chinese products. If this shit happens, you'll be hard-pressed to get spares for all the stuff you own and all the stuff that goes into making all the stuff you own
Costa Rica is a tropical country and has only two seasons; a dry season from January to March and a wet season during the rest of the year. It is geographically impossible for there to be a Four Seasons hotel in this country. If anyone has sold you a stay at such a resort, you have been scammed! Contrary to what is advertised, you will not experience autumn, winter, or spring in the way temperate latitudes do, nor do these hotels undertake any actions to emulate such an experience.
As the abstraction of the act of streaming from its individual particularities, NPC streaming presents the distillation of the streaming profession, resulting in maximal efficiency in revenue generation. A quantitative increase in this kind of stream will eventually result in a qualitative transformation of the industry where it will be sublated by an entirely novel mode of production, namely the streamer-capitalist who relies entirely on the viewer for both the production and the consumption of their product, and who will eventually become a node in a never-ending tree of subcontractors.
Mathematics student who upon completion of his degree was ripped from the university's caring bosom and cast into the ghastly cold world of employment