If machine tool consumption is any indication, an economic recovery isn't going to happen anytime soon. Most recent stats indicate a drop-off of nearly 30% compared to 2001, which itself was down from 2000. Year-to-date (through September 2002) total was $1.5 billion. Numbers come from the Association for Manufacturing Technology and the American Machine Tool Distributors Association.
Days after a massive, distributed denial-of-service attack took down dozens of major websites around the country, ARM Holdings plc is rolling out a pair of new processor architectures aimed at shoring up IoT security.
Dow Chemical and several other companies have launched a program in Omaha, Neb. to divert about 36 tons of plastics from landfills in its first phase, and convert it into energy used for cement production.
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