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Biden says he won't leave despite demands to pull out 

2 min read

US President Joe Biden calmed top Democrats and campaign workers after rumors claimed he was considering his departure following last week’s dismal debate with Donald Trump. Mr. Biden had a closed-door lunch with Vice-President Kamala Harris at the White House as speculation rose that she will run as the party’s nominee in November. Ms Harris...  Read more

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Ukraine's "meat assaults": Russia's deadly ground invasion plan

3 min read

  Ukrainian troops describe Russian tactics they see everyday with a brutal word. They call them “meat assaults”—waves of Russian troops attacking their defensive positions about a dozen times a day. Ukrainian National Guard Lt Col Anton Bayev of the Khartia Brigade said wave after wave might arrive in a few hours at frontlines north...  Read more

Dell, Super Micro provide xAI supercomputer server racks.

1 min read

Elon Musk said on Wednesday on social media platform X that Dell Technologies  and Super Micro Computer would supply server racks for his artificial intelligence firm xAI’s supercomputer. Musk revealed on X that Dell is building half of xAI’s supercomputer racks. In response to another post concerning the second partner, the billionaire responded “SMC”—Super Micro...  Read more

New ongoing framework in Brazil targets 3% inflation.

2 min read

President Luiz Inacio Lula da Silva signed a decree on Wednesday setting a continuous inflation objective beginning in 2025 with quarterly central bank accountability. National Monetary Council (CMN), the country’s primary economic policy authority, sets the aim under the edict. In a Wednesday meeting, the CMN reaffirmed the 3% aim with a 1.5 percentage point...  Read more

Beijing city lowers home-buying expenses to stimulate demand.

1 min read

Beijing, China’s capital, announced moves on Wednesday to decrease the cost of house ownership, including lowering mortgage interest rates and the minimum down payment ratio, in an effort to bolster the local property market. The changes, revealed in a local government statement, came after the central bank published new recommendations for lowering minimum mortgage rates...  Read more

India joins JPMorgan EM debt index: five things to know

2 min read

Beginning Friday, JPMorgan’s widely followed developing market debt index will include India’s government bonds. The September shift allowed billions of dollars to enter the world’s fifth-largest economy. Five things to know as global bond investors invest more in South Asia and stock markets see greater portfolio inflows. WHAT INFLOWS? Indian bonds should receive $2 billion...  Read more

Italy's Meloni promise to reverse the EU ban on gasoline…

1 min read

On Wednesday, Italian Prime Minister Giorgia Meloni said that the government will strive to remedy the European Union ban on the sale of new gasoline and diesel vehicles beginning in 2035. She stated that the decision was illogical and that the government would try to fix the prohibition. Meloni was delivering a speech in the...  Read more

Analysts predict a sharp Japan GDP fall, influencing monetary policy.

2 min read

Some experts fear a rare unexpected adjustment to Japan’s first-quarter GDP may sharply reduce the central bank’s growth expectations and the timing of its next interest rate rise. The government said on Tuesday that it would modify January-March GDP estimates to reflect construction order data revisions and release them on July 1. The substantial negative...  Read more

Meta claims it may restrict Australian Facebook news.

2 min read

A corporate spokesman told a parliamentary committee on Friday that Facebook owner Meta may restrict Australian news material if the government requires licensing payments. Meta’s regional policy director Mia Garlick told MPs “all options are on the table” if the business would prohibit Australians from sharing news information to save expenses. “There’s a large number...  Read more

European stocks fall, currency hits 38-year low

3 min read

European stock markets fell on Wednesday ahead of a French election and a major U.S. inflation figure, as the yen fell to its lowest since 1986, raising concerns about central bank intervention. Risk sentiment in Europe deteriorated this morning as markets remained sensitive to global monetary policy, and a rise in Australian consumer prices overnight...  Read more

The yen has dropped to its lowest level since 1986,…

3 min read

On Wednesday, the yen fell to its lowest level versus the dollar since 1986, leaving currency markets on edge for any hints of Japanese government action to support the battered currency. The US dollar was trading at 160.39 yen, a level last seen in December 1986, as the two nations’ massive interest rate differential continued...  Read more

US business equipment borrowings rose 11% in May, ELFA said.

1 min read

Equipment Leasing and fund Association (ELFA) said on Tuesday that U.S. corporations borrowed 11% more to fund equipment investments in May than a year earlier. May saw $10.2 billion in new loans, leases, and lines of credit, down 7% from April. “The April volume drop may indicate that some businesses are delaying equipment purchases until...  Read more

A toddler in Arizona was rescued after becoming stuck in…

2 min read

The Model Y’s 12-volt battery, which powers doors and windows, failed. A 20-month-old toddler was rescued after becoming stuck in a Tesla Model Y in Scottsdale, Arizona, where temperatures have risen beyond 100 degrees this week, after its 12-volt battery expired, according to Arizona’s Family. After smashing through a glass with an axe, firefighters were...  Read more

The Starlink Mini provides space internet for travelers.

2 min read

The USB power bank-powered laptop dish contains the Wi-Fi router. The new DC-powered Starlink Mini, the size of a thick laptop, combines the Wi-Fi router within the dish. It can reach speeds over 100Mbps yet utilizing less power than comparable Starlink terminals. Elon Musk, CEO of SpaceX, said X takes less than five minutes to...  Read more

TikTok claims US denied meaningful settlement discussions.

2 min read

ByteDance alleged that the US government would prefer shut down than find a ‘effective solution’ to protect customers. Biden’s April legislation required that ByteDance sell TikTok’s US assets by January 19, or face a ban on the app. TikTok and ByteDance petitioned a US court in 2024 to overturn a restriction that would have prohibited...  Read more

US seeks limitations on investments in Chinese technology and AI.

2 min read

According to a draft guideline, US investors cannot support AI systems in China that may be used for military purposes, including weapons targeting. The US Treasury has proposed a law to prohibit and oversee US investments in China for AI, computer chips, and quantum computing. The Friday draft regulation follows President Joe Biden’s August executive...  Read more

Vigil for killed Chick-fil-A Las Colinas workers

2 min read

Family members prayed and honored Patricia Portillo and Brayan Godoy. On Saturday, people gathered outside a closed Las Colinas Chick-fil-A to memorialize two employees who were murdered on Wednesday. Family and friends of Patricia Portillo and Brayan Godoy placed flowers at the restaurant’s entrance sign and prayed. Prisoner Oved Argueta is suspected of the shooting....  Read more

Renault-backed BeyonCa will construct Hong Kong's first EVs.

1 min read

On Friday, Renault-backed premium EV company BeyonCa and Dongfeng Motor announced plans to build Hong Kong’s first vehicle brand’s final assembly factory and worldwide headquarters. Hong Kong has attempted to diversify and grow other businesses after the 2019 protests and epidemic hit its economy. “We aim to achieve a breakthrough in Hong Kong’s auto manufacturing...  Read more

Airtel acquires $820 million in spectrum in dismal auction

1 min read

Bharti Airtel (BRTI.NS), opens new tab paid 68.57 billion rupees ($820.80 million), the highest among its peers, to buy telecom spectrum in a government auction that closed on Wednesday, despite their total bids being much below the limit. Telecom businesses bid 113.40 billion rupees for 141 megahertz (MHz) of airwaves, substantially lower than the 962.38...  Read more

SNAPSHOT: Wall Street falls as tech rebound slows

0 min read

Wall Street’s major indexes began lower on Wednesday as semiconductor and megacap companies gave up early gains, with investors anticipating a key inflation data later this week. The Dow Jones Industrial Average opened at 39063.15, down 49.0 points, or 0.13%. The S&P 500 slid 8.6 points, or 0.16%, to 5460.71 at the morning, while the...  Read more

RTX's Collins is considering canceling NASA's ISS spacesuit contract.

2 min read

According to two sources, RTX Corp subsidiary Collins Aerospace is in talks with NASA to cancel its contract to build new spacesuits for International Space Station astronauts, a setback as the agency struggles with its decades-old spacewalking suits. Collins and Axiom Space received $3.5 billion from NASA in 2022 to create new spacesuits for the...  Read more

Reddit should upgrade web standard to stop automated scraping

1 min read

Popular social media network Reddit has taken preemptive measures to preserve its material. A web standard used by the platform to restrict automated data scraping from its website will be updated on Tuesday. Reports that AI companies were circumventing the regulation to obtain material for their systems prompted this move. Reddit’s action is noteworthy, particularly...  Read more

Quarterra sells multifamily assets to KKR for $2.1 billion.

1 min read

On Tuesday, KKR strategically acquired 18 multifamily real estate properties from Quarterra Multifamily’s closed-end fund for a significant $2.1 billion. It has 5,200 units across California, Washington, Florida, Texas, Georgia, North Carolina, Colorado, and New Jersey. The worldwide commercial property business, especially offices, is in its worst slump since the 2007-9 financial crisis. The worst...  Read more

Nvidia shares rise nearly 7% after $430 billion market drop.

2 min read

On Tuesday, Nvidia shares rose nearly 7% after a three-session downturn that destroyed $430 billion from the artificial intelligence chipmaker’s market worth. Nvidia’s shares fell 13% from June 18’s $135.58 to $126.09. The dip followed a rise that increased after a June 10 10-for-1 stock split. The bounce today is a regular technical bounce after...  Read more

Tech-driven Nasdaq rises; Dow falls.

3 min read

The Dow fell as retailers dragged and investors waited for critical inflation data this week, while the Nasdaq rose 1.3% on Tuesday, led by Nvidia and other tech firms. After a three-session sell-off, Nvidia rose 6.8%, and the Philadelphia Semiconductor index rose 1.8%. Chips helped the S&P 500 technology index recover from a three-day slide,...  Read more

Fisker failed to outperform Tesla and went bankrupt.

2 min read

Henrik Fisker attempted to emulate Elon Musk’s charisma but failed. Like other electric vehicle companies, we have faced various market and macroeconomic headwinds that have impacted our ability to operate efficiently. It’s hardly unexpected to those paying attention. Fisker has been warning about its liquidity shortage for months. This did all the right things to...  Read more

Haiti Prime Minister Conille praises new police commander in battle…

2 min read

Haiti’s Prime Minister Garry Conille said Thursday that the decision to replace the national police director was driven by the need to give security personnel a “new lease on life” in the face of gangs terrorizing the populace. Rameau Normil was named director-general of the embattled Caribbean nation’s police department on Wednesday, succeeding Frantz Elbe....  Read more

US bans Russia's Kaspersky software due to national security concerns.

2 min read

  President Joe Biden’s administration on Thursday prohibited Russia-based cybersecurity company Kaspersky from selling its popular antivirus software in the United States due to national security concerns, according to the US Commerce Department. “Kaspersky will generally no longer be able to, among other activities, sell its software within the United States or provide updates to...  Read more

EU chastises France, six countries for budget shortfalls

1 min read

The European Commission has issued a reprimand to France, along with Belgium, Italy, Hungary, Malta, Slovakia, and Poland, for exceeding their budget deficits. According to the EU’s Maastricht treaty, member states are obligated to maintain public debt below 60 percent and deficits below 3 percent of GDP. Additionally, Nvidia has surpassed Microsoft to become the...  Read more

China's 'underground bankers' accused of supporting Mexican cartel

1 min read

A Chinese “underground banking” network is suspected by the US of aiding Mexico’s Sinaloa narcotics cartel in money laundering and other crimes. The DoJ has accused 24 persons with drug distribution and other offenses. Police confiscated $5m (£4m) in cash, firearms, and hundreds of pounds of cocaine, methamphetamine, and ecstasy tablets. The DoJ has emphasized...  Read more

Boeing crash families want record $25bn fine

2 min read

Family members of two Boeing 737 Max plane crash victims demand prosecution and $24.8bn for “the deadliest corporate crime in US history.” For the “enormous human costs of Boeing’s crimes,” the families’ lawyer, Paul Cassell, said the payout was “justified and clearly appropriate.” The BBC received a 32-page letter from Mr. Cassell suggesting the US...  Read more

Chinese automakers want 25% EU tariff - state media

2 min read

Chinese automakers allegedly demanded 25% import taxes on EU rivals’ automobiles if tariffs are imposed on Chinese vehicles during a closed-door meeting. European carmakers demanded it at China’s Ministry of Commerce’s closed-door meeting. This legislation targets EU cars with large petrol engines. Last week, the EU threatened Chinese EV firms with 38% tariffs beginning July...  Read more

Louisiana requires Ten Commandments displays in all classrooms.

1 min read

Republican Wednesday, Louisiana Governor Jeff Landry signed the bill. Louisiana is the first state to mandate Ten Commandments posters in public schools through universities. Governor Jeff Landry signed the Republican-backed legislation Wednesday, calling the commandments “the foundational documents of our state and national government.” US civil rights groups will undoubtedly contest the bill, claiming it...  Read more

At least 34 Indians perish from poisonous alcohol.

1 min read

Officials in Tamil Nadu reported 34 deaths from poisonous bootleg alcohol. Several Kallakuruchi locals were ill after drinking alcohol on Tuesday night. At least 80 people are being hospitalized in hospitals for severe diarrhoea, and officials believe the death toll could climb. Two have been arrested and a bigger investigation is ongoing. A senior police...  Read more

US and Mexico heatwave fueled by climate change

2 min read

Scientists estimate that human-induced climate change increased the high heat in the southwest US, Mexico, and Central America by 35 times. The World Weather Attribution (WWA) group analyzed excess heat in southwest states like California, Nevada, and Arizona in May and early June during the US heatwave. The period also saw deaths from extreme Mexican...  Read more

AI adoption via mobile networks

3 min read

Last week, Apple became the latest mobile phone vendor to announce AI for its OS. Siri will include Apple Intelligence to simplify phone use. Improve Siri as a personal assistant. Google’s Gemini AI for Pixel phones follows Samsung’s Galaxy AI. AI will expand phone computing, boosting data generation and use. It will strain UK mobile...  Read more

Federal investigators investigate Microsoft's startup acquisition as AI grows.

3 min read

    Microsoft hired Inflection’s co-founders and other employees to manage its Copilot program in March, and Inflection claimed that its AI model will be hosted on Microsoft’s cloud platform. Microsoft allegedly paid Inflection $650 million. Microsoft disclosed a hiring choice, not a purchase. According to a source, the FTC investigation into Microsoft is focused...  Read more

Elon Musk's X lawsuit against Media Matters will be tried…

1 min read

Thursday’s US District Court for the Northern District of Texas judgment sets the timetable for a high-profile battle over Media Matters’ study on social media’s anti-Semitic and pro-Nazi content. In November, X filed a lawsuit against Media Matters for misrepresenting the likelihood of hate speech on the platform. CNN has asked X about Thursday’s order....  Read more

Samsung Electronics workers strike for the first time.

1 min read

Samsung Electronics’ South Korean labor union reported numerous workers striking Friday, the first in the company’s 55-year history. After failed negotiations over salary and incentive arrangements, the Nationwide Samsung Electronics Union (NSEU), which represents 28,000 workers, said last week that it would strike for a day on June 7. The union requested that its members...  Read more

Mike Lynch, British tech entrepreneur, acquitted of HP fraud.

2 min read

Lynch was acquitted on all 15 charges—one conspiracy and 14 wire fraud—according to Lynch and US prosecutors. The Lynch representation stated that former Autonomy finance chief Stephen Chamberlain, who faced the same allegations as Lynch, was acquitted on all counts. The trial, in which Lynch and Chamberlain were accused of inflating Autonomy’s earnings, was the...  Read more

According to a source, the You.com startup is raising $50…

2 min read

The startup behind You.com is receiving $50 million in new funding, according to a source familiar with the matter, as it looks to establish a presence in the booming market for AI-powered assistants. SuSea Inc, the four-year-old firm behind You.com, would be valued between $700 million and $900 million based on the nearly completed Series...  Read more

YouTube tries the context 'notes' tool for videos.

1 min read

Alphabet YouTube will soon allow users to contribute ‘notes’ that provide context to some of its videos as part of a new feature that will be pushed out first in the United States, the company announced on Monday. As part of the initial test phase, YouTube will allow specific users and producers to add notes...  Read more

Norway's Schibsted to lose 250 jobs in a cost-cutting drive.

1 min read

Schibsted  a Norwegian online classifieds organization, will lose approximately 250 jobs in the Nordic region as part of a restructuring plan to decrease costs and increase efficiency, the company announced on Tuesday. Schibsted, which recently sold its historical news media business, runs online marketplaces for real estate, jobs, vehicles, travel, and other services in Norway,...  Read more

Photoshop manufacturer Adobe sued by US for hiding fees, making…

1 min read

On Monday, the U.S. government sued Adobe for hiding high termination fees in its most popular membership plan and making cancellations difficult. The Federal Trade Commission complained in San Jose, California, that Adobe hides fees, which can reach hundreds of dollars, and other critical provisions in its “annual paid monthly” subscription plan in the fine...  Read more

NATO's $1.1 billion fund targets AI, robots, and space tech

1 min read

NATO partners have announced the first recipients of their one billion euro ($1.1 billion) innovation fund. The alliance announced the fund in summer 2022, months after the Russian invasion of Ukraine, to invest in defense technologies. 24 of NATO’s 32 members, including Finland and Sweden, which joined this year, support the fund. The NATO Innovation...  Read more

Chinese anti-dumping probe targets EU pork

1 min read

In response to electric vehicle export limits, China has launched an anti-dumping investigation against EU pork and byproducts, targeting Spain, the Netherlands, and Denmark. China’s trade ministry began investigating fresh, cold, and frozen pork slices, pig intestines, bladders, and stomachs for human consumption on Monday. June 17 is when the investigation starts. The authorities cited...  Read more

Fed's Harker: one rate cut this year, my base case

1 min read

If his economic projection holds, Philadelphia Fed President Patrick Harker indicated Monday that the Fed could drop its benchmark interest rate once this year. “If all of it happens to be as forecasted, I think one rate cut would be appropriate by year’s end,” Harker said in prepared remarks to a Philadelphia regional central bank...  Read more

Delve into Meghan's Intriguing Lifestyle Brand American Riviera

Delve into Meghan's Intriguing Lifestyle Brand: American Riviera Orchard

2 min read

Delve into Meghan’s Intriguing Lifestyle Brand: American Riviera Orchard Accompanied by the nostalgic melodies of Nancy Wilson’s 1960s hit “I Wish You Love,” the Duchess of Sussex steps into the spotlight, unveiling a tantalizing glimpse of her new lifestyle venture from the comfort of her Californian home. In a brief 16-second teaser, Meghan’s graceful presence...  Read more

Taiko Nakamura samples whisky barreled in the year he founded at his distillery in Shizuoka, Shizuoka Prefecture, Japan October 25, 2023. REUTERS/Rocky Swift/File Photo

Japanese whisky turns 100 as craft distilleries transform industry

4 min read

Japanese whisky turns 100 as craft distilleries transform the industry. Shizuoka Distillery, a pioneer in Japan’s new wave of independent whiskey manufacturers, produces its spirits to meet the growing demand for whisky worldwide in a still that burns cedar harvested from forests in the surrounding area. This year celebrates the 100th anniversary of whiskey production...  Read more

Singer Jungkook of BTS performs on NBC’s ‘Today’ show at Rockefeller Center New York City, U.S., November 8, 2023. REUTERS/Caitlin Ochs/File Photo

K-Pop supergroup BTS' Jung Kook to begin military service in…

1 min read

K-Pop supergroup BTS Jung Kook will begin military service in December. After the group’s management agency stated that all seven members of BTS were on track to carry out their duties, Jung Kook, a member of the K-pop band BTS, announced on Wednesday that he would begin his military service in December. Jung Kook’s announcement...  Read more

A member of the teamLab digital art group poses in an installation in preparation for the reopening of their Borderless museum in February at the Azabudai Hills complex in Tokyo, Japan November 17, 2023. REUTERS/Kim Kyung-Hoon

Japan's TeamLab readies a renewed digital museum in the Tokyo…

1 min read

Japan’s TeamLab readies a renewed digital museum in the Tokyo mega-complex. Tokyo’s newest megaproject will have an immersive museum as its cultural center, and construction crews and digital artists are working feverishly to put it together in a basement maze beneath the country’s highest tower. The global artistic collective teamLab broke the Guinness World Record...  Read more

Shakira poses on the red carpet during the 24th Annual Latin Grammy Awards show in Seville, Spain, November 16, 2023. REUTERS/Marcelo del Pozo/File Photo

Shakira stands trial in Spain for alleged tax fraud

2 min read

On Monday, Shakira will go on trial in Barcelona to answer allegations that she neglected to pay 14.5 million euros ($15.74 million) in income taxes to Spain from 2012 to 2014. The ‘Hips Don’t Lie’ megastar from Colombia, currently facing a second tax fraud probe from Spanish authorities, has promised to fight back against what...  Read more

Sean Combs arrives at the Metropolitan Museum of Art Costume Institute Gala (Met Gala) to celebrate the opening of “Heavenly Bodies: Fashion and the Catholic Imagination” in the Manhattan borough of New York, U.S., May 7, 2018. REUTERS/Eduardo Munoz/File Photo

Sean 'Diddy' Combs accused of sex trafficking and rape of…

3 min read

Sean ‘Diddy’ Combs accused of sex trafficking and rape of singer Cassie. R&B vocalist Cassandra Ventura filed a lawsuit against rapper and hip-hop mogul Sean “Diddy” Combs on Thursday in federal court. In the case, she accuses Combs, whom she dated in the past and whose record label she signed with, of subjecting her to...  Read more

Photo: Giorgio Armani

Focus: Giorgio Armani fashions his legacy with a succession plan.

5 min read

Focus: Giorgio Armani fashions his legacy with a succession plan. Giorgio Armani has always maintained a firm hold on the company he established, and the Italian fashion king’s attention to detail extends to establishing specific regulations for how the company should be governed after his passing. Armani, now 89 years old, continues to serve as...  Read more

Sydney Opera House

Sydney Opera House celebrates 50th birthday with light show and…

1 min read

On Friday, the Sydney Opera House celebrated its 50th birthday with a laser performance that will illuminate the famous structure. On October 20, 1973, Queen Elizabeth II formally inaugurated the Opera House, one of the best architectural works of the 20th century with 10.9 million annual visitors. On Saturday, when Robin Fox, an Australian audio-visual...  Read more

Former architect and tour guide Peter Sekules

The love affair of a retired Australian architect with the…

2 min read

One of the most photographed structures in the world, the Sydney Opera House is instantly recognizable by its sails shimmering above Sydney Harbour. The House, as it is popularly known, has dazzled audiences with world-class performances inside one of the finest architectural marvels of the 20th century since it officially opened in 1973 and will...  Read more

People take photos at Disney's product showcase during Magical Christmas Market

The London exhibition celebrates 100 years of Disney

2 min read

London exhibition celebrates 100 years of Disney. On Friday, a brand-new exhibition honoring Disney’s beautiful world for one hundred years opens in London. It has everything from the early designs of Mickey Mouse to Cinderella’s glass slipper. A variety of artwork, costumes, and props from classic animated films like “Snow White and the Seven Dwarfs”...  Read more

Hunter Biden, son of U.S. President Joe Biden, departs federal court

Hunter Biden will plead not guilty to gun charges

1 min read

Hunter Biden, age 53, is at the heart of a political storm as House Republicans conduct an impeachment inquiry against his father. The impeachment inquiry is centered on alleged ties between Hunter Biden’s business activities and his father’s policies during the time that Hunter Biden’s father served as vice president from 2009 to 2017. He...  Read more

Jacob Aarup-Andersen becomes Carlsberg's CEO - Logo of carlsberg

Jacob Aarup-Andersen becomes Carlsberg's CEO.

1 min read

On Thursday, Carlsberg (CARLb.CO) announced Jacob Aarup-Andersen as its new CEO. Aarup-Andersen replaces Cees’t Hart, who retired earlier this month. Aarup-Andersen joins Carlsberg from ISS(ISS.CO), where he has been CEO since 2020. Jacob Aarup-Andersen, a businessman who has led ten companies, is currently Group Chief Executive Officer of ISS A, Chairman of ISS World Services...  Read more

Business

A landmark ruling bans popular app from hosting adolescents.

1 min read

  In an unprecedented and aggressive move against “rampant cyberbullying and threats against children and teens” on a controversial anonymous messaging app, the Federal Trade Commission and Los Angeles District Attorney’s Office banned it from serving kids under 18. The FTC’s targeted restriction is the latest in a crackdown on social media sites, data brokers,...  Read more

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ECB keeps rates unchanged, no hints on next move

Fri, 2024-Jul-19 20:32:58

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Burberry aces CEO and dividend warns on profits

Mon, 2024-Jul-15 20:32:33

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U.S consumer prices first drop in four years

Fri, 2024-Jul-12 20:33:01

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Stellantis ramps up hybrids as demand booms

Wed, 2024-Jul-10 20:32:34

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Boeing pleads guilty to fraud in 737 crash probe

Mon, 2024-Jul-08 20:33:06

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See More Videos

Technology

How global tech crashed simultaneously

2 min read

  When computers and electronic systems around the world went down Friday, clogging airports, halting Social Security offices and curtailing jail operations, many people had one question: How on earth could this happen in 2024? A software update from a single cybersecurity company, US-based CrowdStrike, was the fundamental cause of the upheaval, illustrating the fragility...  Read more

Global IT outage disrupts airlines, banks, media, telecoms

0 min read

A huge IT outage has disrupted businesses, institutions, and airports across the US, UK, Spain, the Netherlands, France, Germany, and Malaysia. An IT meltdown has wreaked havoc for airlines, government systems, banks, supermarkets, telephones, and media outlets worldwide. The outcry occurred hours after Microsoft announced it was fixing a Microsoft 365 app and service outage.  Read more

US investors cannot fund AI systems in China that could…

2 min read

According to a draft rule, US investors cannot fund AI systems in China that could be used for military purposes, including weapons targeting. The US Treasury has proposed a law to prohibit and oversee US investments in China for AI, computer chips, and quantum computing. The Friday draft rule follows President Joe Biden’s August executive...  Read more

Musk chastises EU for charging X with blue checkmark deception.

2 min read

On Friday, EU tech regulators found that Elon Musk’s social media business X violated EU online content laws, and its blue checkmark deceives consumers, which might result in a large punishment and major changes to its operations. A seven-month investigation led to the European Commission’s first DSA accusations. Large internet platforms and search engines must...  Read more

Enterpreneurship

Influencer Collaboration

Mastering Influencer Collaboration: 5 Keys for a Successful Marketing Program

49 min read

Mastering Influencer Collaboration: 5 Keys for a Successful Marketing Program   Unlocking Success: The Blueprint for Constructing a Dynamic Influencer Marketing Program   Key Takeaways: Align your influencer partnerships with your brand’s values, objectives, and target audience to ensure authentic and impactful collaborations. Carefully curate influencers whose content style, niche, and followers resonate with your...  Read more

Co-founder of Microsoft, Bill Gates addresses Reaching the Last Mile Forum 2023, during the United Nations Climate Change Conference (COP28), in Dubai, United Arab Emirates, December 3, 2023. REUTERS/Thomas Mukoya

COP28: UAE signs deal with Bill Gates' nuclear company on…

2 min read

The United Arab Emirates-controlled ENEC and Bill Gates’ advanced nuclear reactor company, TerraPower LLC, announced on Monday that they had reached an agreement to look into the possibility of developing advanced reactors in the UAE and other nations. The memorandum of agreement comes at a time when the United Arab Emirates (UAE) is making efforts...  Read more

SpaceX's Martian Dream: Inside Elon Musk's Mars Colonization Strategy

SpaceX's Martian Dream: Inside Elon Musk's Mars Colonization Strategy

13 min read

Explore Elon Musk’s visionary Mars colonization plans and the future of Mars exploration in this in-depth article.   KEY TAKEAWAYS Multiplanetary Vision: Elon Musk envisions making humanity a multi-planetary species by colonizing Mars, viewing it as a crucial step for your long-term survival. SpaceX’s Role: SpaceX, Musk’s space exploration company, plays a central role in...  Read more

The logo of the Nippon Life Insurance Co. is displayed at the company's headquarters in Tokyo, Japan. February 26, 2019. REUTERS/Hideyuki Sano/File Photo

Nippon Life to buy Nichii Holdings for about $1.41 bln…

2 min read

Nippon Life will buy Nichii Holdings for about $1.41 billion (Nikkei). The Nikkei reported on Tuesday that Nippon Life Insurance (NPNLI.UL), a Japanese insurance company, will purchase Nichii Holdings for around 210 billion yen, equivalent to $1.41 billion. According to the story, which did not cite any authoritative sources, Nippon Life has agreed to purchase...  Read more

Shoppers are reflected in a Black Friday sign outside a shop in Singapore November 22, 2023. REUTERS/Edgar Su

US retailers hope to draw picky Black Friday shoppers to…

3 min read

Retailers around the United States are keeping their fingers crossed for a cold and dry Black Friday since this will mark the beginning of the crucial Christmas shopping season. They expect millions of customers to visit their stores on this day. However, because many consumers are already experiencing financial strain, Christmas spending in the United...  Read more

Finance

Nasdaq rises on megacap increase as markets evaluate payrolls.

2 min read

Friday’s mixed payrolls report left the Dow and S&P 500 in limbo as investors analyzed the Federal Reserve’s policy easing pace. Megacap tech giants buoyed the Nasdaq. Futures increased after the U.S. Labor Department’s carefully awaited data revealed the unemployment rate jumped to 4.1% in June, contrary to estimates of 4%. In June, non-farm payrolls...  Read more

Dollar-yen at 38-year high; US equities gain

2 min read

While major U.S. stock indexes rose on Wednesday, the U.S. dollar achieved its highest level versus the Japanese yen in almost 38 years, raising market concern that Japan may intervene to support the currency. Authorities were “seriously concerned and on high alert” about the yen’s fast slide, said Masato Kanda, Japan’s senior currency ambassador. The...  Read more

S&P 500, Nasdaq close at record highs before data, Fed…

2 min read

The S&P 500 and Nasdaq closed at new highs on Monday as technology companies rose on artificial intelligence euphoria ahead of this week’s economic data and Federal Reserve speeches that could illuminate monetary policy. Mega caps Apple and Microsoft recovered from early losses to end 1.97% and 1.31% higher, respectively. Apple shares continued their surge...  Read more

Betashares could receive up to $198 million from Temasek.

1 min read

On Monday, Temasek Holdings announced it will invest up to A$300 million ($198.4 million) in Betashares, an Australian exchange-traded fund manager. Betashares stated that the money will expand its Australian and international offerings. It said that Temasek will join its staff and private equity firm TA Associates as Betashares shareholders with an undisclosed minority stake....  Read more

Asian stock markets dipped on Monday as mixed Chinese economic…

2 min read

while political uncertainty in Europe depressed risk appetites and put the euro on the defensive. Chinese blue chips slipped 0.2% in May as retail sales grew 3.7%, but industrial output and fixed-asset investment lagged. Other data showed that property values fell at their fastest rate in a decade in May, showing persistent housing market difficulties....  Read more

Economy

Russian scientists autopsy 44,000-year-old wolf.

1 min read

A Pleistocene wolf unearthed in permafrost by Yakutia inhabitants is the first. Scientists autopsy an ancient wolf. Russian scientists are performing the first-ever autopsy on a wolf that has been in permafrost for 44,000 years. “This is the world’s first discovery of a late Pleistocene predator,” said Yakutia Academy of Sciences mammoth department director Albert...  Read more

The world says smartphones harm children's mental health, but does…

2 min read

Los Angeles has joined a growing list of US school districts, states, and towns prohibiting smartphone use in public schools amid concerns about social media and technology’s influence on children and youth. The Los Angeles Unified School District Board, which oversees 1,000 schools, adopted a resolution last month to restrict student smartphone and social media...  Read more

There is currently very nothing in Adele's "tank." She intends…

1 min read

You would have thought this summer couldn’t get worse, but then Adele happened and crushed our hearts. The singer allegedly announced her intention to take a long hiatus from the music industry. In an interview that was just shared, she told the German network ZDF, “My tank is quite empty at the minute.”.”Absolutely nothing is...  Read more

China investigating EU ‘trade barriers’ as tensions rise.

1 min read

The Chinese government announced Wednesday that it would explore whether EU investigations into Chinese enterprises are “trade barriers.” Westerners worry that cheap Chinese imports subsidized by the government could destroy jobs and critical sectors. The EU investigated China’s governmental backing for wind turbine and solar panel suppliers earlier this year. After an eight-month investigation into...  Read more

Politics

WhatsApp has arrived in Cambodia. Critics worry it may be…

2 min read

  Hun Sen, a powerful figure in Cambodia, is a supporter of a new messaging app that critics claim the government uses to monitor and stifle political discourse. The former prime minister posted on his official Facebook page this week that CoolApp, created this month to compete with WhatsApp and Telegram, will make it “difficult...  Read more

Russia raises high income taxes to support Ukraine offensive.

1 min read

On Friday, Russian President Vladimir Putin approved a law raising affluent income taxes to replenish government coffers depleted by the Ukraine war. Domestically, tax hikes were called “systemic reforms”. Russian President Vladimir Putin approved a $30 billion tax increase package on Friday to raise funding for his Ukraine offensive from workers and enterprises. Since sending...  Read more

Schumer, Pelosi urge Biden on 2024 electoral bid

1 min read

Representative Adam Schiff became the most prominent Democrat to publicly ask Biden to get out of the presidential race. After speaking during a ceremony celebrating the 13th anniversary of the Affordable Care Act in the East Room of the White House in Washington, DC, March 23, 2023, US President Joe Biden meets with California Democrat...  Read more

A drone strike on Tel Aviv kills one and injures…

1 min read

The Israeli military is probing the attack and why its defenses missed the ‘aerial target’. According to reports, Yemen’s Houthi organization claimed responsibility for a drone attack in Tel Aviv that killed one and injured at least 10. Houthi armed forces spokesperson posted on social media on Friday claimed Iran-aligned group had “targeted ‘Tel Aviv’...  Read more

Quote of the day

"There are no secrets to success. It is the result of preparation, hard work and learning from failure."

Henry Ford

Lifestyle

Fans react after Usher's 2024 BET Awards speech is muffled.

2 min read

On June 30, the musician received the 2024 BET Lifetime Achievement Award, but his acceptance speech was plagued by digital glitches. Many of his 10-minute address was muted for unknown reasons, according to fans. One fan posted on X, “How they silence Usher’s whole speech like that.” One social media user joked, “I know Usher...  Read more

Meghan's Lifestyle Brand Takes Off with Its Premier Product

Meghan's Lifestyle Brand Takes Off with Its Premier Product

2 min read

Meghan’s Lifestyle Brand Takes Off with Its Premier Product The Duchess of Sussex has given a sneak peek into her latest business venture through a tantalizing glimpse of strawberry jam shared on social media. The jam, part of the new American Riviera Orchard brand, was distributed among friends and influencers, adding an air of intrigue...  Read more

Songwriter Conquers Male Competition in Video Gaming

Female Power: Songwriter Conquers Male Competition in Video Gaming

2 min read

Songwriter Conquers Male Competition in Video Gaming Songwriter Siobhan Wilson is set to represent Scotland and women in the international gaming community at the upcoming Game Audio Network Guild (GANG) awards in San Francisco. Nominated for Best Original Song, Siobhan’s composition from the game Planet of Lana has already garnered attention, securing her a commission...  Read more

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