The Daily Populous

Monday March 26th, 2018 evening edition

image for Remington, one of America's oldest gun makers, files for bankruptcy

The bankruptcy filing allows Remington to stay in business while restructuring its massive debt.

The company has been planning to reduce its debt by $700 million through the Chapter 11 process and contribute $145 million to its subsidiaries.

The company said, when it first announced its plan to file for bankruptcy in February, that operations "will not be disrupted by the restructuring process.".

Founded in 1816, Remington is one of the oldest and best-known gun makers in the world.

It's owned by Cerberus Capital Management, which plans to shed ownership once the bankruptcy is complete.

Related: Remington plans to file for bankruptcy.

An attorney from the law firm representing those family members said it does not expect the bankruptcy filing to affect its clients' case "in any material way.". »

The U.S. military has a weapon that can create human speech miles away

Authored by bigthink.com

One device that the lab is making is an energy weapon that can use lasers to create the Laser-Induced Plasma Effect, which allows it to alter atoms and create words out of thin air.

For now, it makes strange human-like sounds, but intelligible words are coming within the next three years.

The goal is to have the weapon being able to create particular noises or heat at particular distant points in space. »

Americans less likely to trust Facebook than rivals on personal data

Authored by reuters.com

FILE PHOTO: Facebook Founder and CEO Mark Zuckerberg speaks on stage during the annual Facebook F8 developers conference in San Jose, California, U.S., April 18, 2017.

SAN FRANCISCO/LONDON (Reuters) - Opinion polls published on Sunday in the United States and Germany cast doubt over the level of trust people have in Facebook over privacy, as the firm ran advertisements in British and U.S. newspapers apologizing to users.

Zuckerberg acknowledged that an app built by a university researcher had “leaked Facebook data of millions of people in 2014”. »

Japan's Abe seeks to remove 'balance' requirements in broadcast news

Authored by reuters.com
image for

TOKYO (Reuters) - Prime Minister Shinzo Abe wants to repeal a Japanese law requiring broadcasters to show impartiality, a step critics fear will lead to sensational reporting and polarize views, just as a similar move has been blamed for doing in the United States.

The U.S. Federal Communications Commission decided to repeal the doctrine in 1987 after criticism that it restricted broadcasters’ freedom.

“What Prime Minister Abe wants to do is to advertise his views,” said lawmaker Soichiro Okuno from the opposition Party of Hope. »