Category: News Home
Dollar nears two-week high
The dollar held near two-week highs on Friday, drawing on its safe-haven appeal, as investors rushed to unwind some of their riskier positions following a deep rout in stocks, crypto and precious metals driven by concerns over a surge in AI-related spending this year.Classic safe-havens such as gold and alternatives including bitcoin have been caught
Canada and France to open Greenland consulates
Greenland has been on Canada’s radar for some time. The consulate was first announced in early 2024, when Ottawa reviewed its Arctic foreign policy. The opening had been slated for late 2025, but that was delayed due to bad weather.Canada is set to open its first diplomatic outpost in Greenland in a significant show of
US-Iran talks over ‘for now’
While the talks are happening in Oman, we know US warships and aircraft have amassed near Iran’s coastal waters, with Trump threatening that “bad things” would probably happen if a deal could not be reached.A military escalation is not completely beyond the realms of possibility and could serve Trump’s interest, according to Middle East expert
Use of Biometrics in unlocking your phone
Using a face scan to unlock your phone and log in to accounts is easy to set up, but it’s not the best option for everyone. Biometric data is a fancy term for the face and fingerprint scanning that your computer, phone, or tablet uses to verify your identity. The data can unlock your device
AWS India layoffs
Amazon Bedrock is a platform for building generative AI applications and agents at a production scale.As Amazon recalibrates its global operations, AWS India is facing the heat as the company has allegedly laid off nearly 400 of the 450 Bedrock employees in Chennai and Bengaluru.Sources also shared that the layoffs have affected AWS and other
Silver’s giving investors whiplash in 2026
Silver prices surged 60% in the first four weeks of 2026 before crashing last week in the white metal’s worst trading day since 1980. Tuesday was another hectic day, with silver jumping 10% to close at $88 per ounce. Investors could be forgiven for being confused. Given these lightning price changes, many are wondering what
OpenAI unveils AI agent service
OpenAI on Thursday said it is launching a service, called Frontier, for companies to build and manage so-called artificial-intelligence agents, or AI tools that can complete specific tasks, like fixing a software bug.The enterprise market is just one of many places where OpenAI and Anthropic are going head-to-head. Both companies are preparing to go public,
Iran seizes 2 foreign oil tankers
Iran seized two foreign oil tankers in the Persian Gulf on Thursday, state television reported, claiming the vessels had been smuggling fuel. The report did not provide a nationality of the tankers or say what flag they were flying under. Iran occasionally seizes oil-carrying vessels over similar charges in the region. In December, it seized
Egypt moves to ban Roblox gaming platform
Egypt’s regulators have taken steps to ban Roblox Corp.’s gaming platform as part of a broader initiative to protect children from potentially harmful online content.The Supreme Council for Media Regulation (SCMR) will implement the ban in coordination with the National Telecommunications Regulatory Authority. Egypt would join several other nations, many in the Arab world, that
Generative AI Music Attribution
AI-powered music technology company Musical AI has raised $4.5 million in a round led by San Francisco-based venture capital firm Heavybit and supported by BDC and Build Ventures. This funding will be used to expand the company’s team, further develop its attribution technology, and support industry.To ensure correct attribution, Musical AI has built a platform