A top fund manager says investors, including those buying Alibaba Group Holdings Ltd. stock, are overlooking the company’s artificial intelligence potential and focusing only on its e-commerce business. This is partly due to concerns over global AI spending levels and intense competition in China, which have caused tech stocks to decline recently. As a result, … Read more
Two major social media platforms, Instagram and TikTok, have reversed their stance on end-to-end encryption for direct messages, allowing them to scan content and act on it. Meta will regain the technical ability to access message content starting May 8, while TikTok never offered the protection in the first place. This move comes after regulatory … Read more
The US Pentagon is asking the White House to approve a funding request of over $200 billion to support its war efforts in Iran, amid concerns about public support and congressional opposition. The proposal comes as tensions between the US and Iran have escalated since the joint U.S.-Israeli campaign began last month. While the exact … Read more
The US is headed for a debt spiral, with its debt expected to reach $40 trillion by the end of the year. This amount translates to $112,000 per person. The Congressional Budget Office (CBO) warns that the event horizon of a debt-induced fiscal crisis is getting closer. Things have worsened since the start of the … Read more
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Samsung is preparing to launch an expanded Galaxy Z-series lineup this summer, including a wider book-style foldable device with a 7.6-inch internal screen and a 16:10 aspect ratio. The new design seems inspired by Google’s Pixel Fold from 2023, but with notable differences. The leak, shared on Weibo, reveals that the new Samsung foldable will … Read more
The Federal Reserve kept interest rates unchanged at its latest meeting, but warned that higher energy prices could prolong their fight against inflation. This comes as tensions in the Iran war threaten to increase costs and lead to higher prices. Fed Chair Jerome Powell said there’s little room for rate cuts, suggesting it will be … Read more
Cybercriminals are increasingly using trusted global brands to launch attacks that can bypass traditional security layers. A recent case involved Sweden-based cybersecurity firm Outpost24, which was targeted by a highly sophisticated seven-stage phishing operation. The attackers used platforms like Cisco, JP Morgan, and Microsoft to construct a multi-layered attack chain. The attack began with a … Read more
Quantum physics allows particles to exist in multiple states at once, but we experience objects as definite and stable. Scientists have long sought to understand how this shared reality forms from quantum mechanics’ strange rules. Researchers now show that shared reality emerges when information spreads through a system’s environment until independent observers agree. A team … Read more
Oil prices skyrocketed after Israel’s attack on Iran’s South Pars gas field, with Brent crude futures reaching $107.38 a barrel and Dubai oil surging above $155 a barrel. The conflict has sent shockwaves through the energy market, causing widespread damage and fueling concerns over inflation. Analysts say these price hikes are a more accurate reflection … Read more