Category: News Home
The Economic chaos in the middle east
A full-blown regional war has so far been avoided, largely because neither Iran nor America wants one. Yet the conflict’s economic consequences are already vast. Trade routes are blocked, disrupting global shipping and devastating local economies. The Middle East’s most productive industries are being battered. Just over 100 days after Hamas’s brutal attack on Israel
AI creating trust issues with the content
From the printing press to the internet, new technologies have often made it easier to spread untruths or impersonate the trustworthy. Typically, humans have used shortcuts to sniff out foul play: one too many spelling mistakes suggests an email might be a phishing attack, for example.It is now possible to generate fake but realistic content
Will Russia attack NATO
Russian President Putin’s surprise visit to Kaliningrad,Kaliningrad’s history includes annexation by the USSR from Germany after World War II. During the visit, Putin warns the West, emphasizing the removal of Soviet memorials. UK Government estimates a 1-in-4 chance of a Russian attack on allies, prompting concerns about a broader conflict.Putin’s visit coincides with Baltic states
Nvidia shares down by 30%
Nvidia focused heavily on AI early in the game, and this has led to the company dominating the AI chip market, with an 80% share. But Intel, a giant in the market for central processing units (CPUs) the main chip in any given computer has struggled to keep up in the high-growth area of AI.
Chinese satellites of constellation
A Chinese state-owned enterprise on Tuesday successfully placed 18 satellites into orbit, the launch of the low Earth orbit (LEO) satellites by Shanghai Spacecom Satellite Technology (SSST) took place at Taiyuan Satellite Launch Centre in the northern Shanxi province. LEO satellites usually operate at altitudes of 300km to 2,000km from the Earth’s surface and have
Investing in Fintech
Payment systems are the backbone of economic transactions, and their evolution has played a pivotal role in shaping the financial landscape of of united states and the world . Payment systems like PayPal, Square, and Stripe have empowered SMEs with affordable, easy-to-use payment solutions. This support helps small businesses scale operations, expand their customer base,
Chinese firms storing Samsung’s HBM chips
The South Korean tech giant had noted in its earnings release in July that it sees strong demand for HBM chips in the second half of 2024 due to AI applications. Chinese tech companies including Baidu , Huawei Technologies and startups are storing high bandwidth memory chips from Samsung Electronics expecting new U.S. restrictions on
Massive new undersea Power cable
The plan, which involves a solar farm covering more than 29,000 acres, the sea-spanning transmission line, and storage, will set world renewable energy and Australian economic development records. It will provide about 15% of Singapore’s electricity needs 24/7, all per SunCable and the Australian government. Sun power from above may soon be captured Down Under
Tesla’s Autopilot Crash
In April, the company settled a lawsuit from the family of an Apple engineer who was killed in his Tesla Model X when it crashed into a barrier while engaged in Autopilot mode. Another lawsuit has been filed against Tesla over its Autopilot system, this time from the parents of a motorcyclist who was killed
China’s JH-XX Stealth Fighter-Bomber
Designed for speed and regional dominance, it may serve as a replacement for the H-6K bomber and could threaten U.S. interests in the Pacific, including Guam and Taiwan. China’s JH-XX, a stealth bomber in development alongside the Xi’an H-20, has sparked concerns in the U.S. defense community. Though details remain sparse, the JH-XX could be