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Mon, Apr 06, 2026 01:15 AM All times are UTC

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Samsung Develops Generative AI for Internal Use Due to Security Concerns

May 02, 2023 23:44 pm UTC| Technology Economy Business

Samsung Electronics is developing its own generative AI solution while temporarily restricting the internal use of ChatGPT and other third-party generative AI tools due to security concerns. The AI solution under...

Renault Korea launches AI-Powered SM6 NFT contest

May 02, 2023 23:44 pm UTC| Life Technology Economy Business

Renault Korea Motors is running a campaign dubbed Create Your SM6 using AI technology to create personalized SM6 images and turning them into NFTs. The carmaker has signed agreements with ALTAVA Group and The Sandbox,...

Devils in the detail: an economist argues the case for a Tasmanian AFL team – and new stadium

May 02, 2023 15:30 pm UTC| Economy

The Australian Football Leagues announcement of a Tasmanian football club likely to be called the Tassie Devils is now a formality, after the federal goverments pledge of A$240 million to a new stadium and precinct in...

1 in 4 households struggle to pay power bills. Here are 5 ways to tackle hidden energy poverty

May 02, 2023 15:29 pm UTC| Economy

One in four Australian households are finding it hard to pay their gas and electricity bills. As winter looms, energy price rises will make it even harder. Cold homes and disconnections resulting from energy poverty...

Government will require bosses to pay workers their super on payday

May 02, 2023 15:23 pm UTC| Economy

A government change requiring superannuation to be paid on payday could mean a young employee will be several thousand dollars better off by retirement. The reform which will not come in until July 1 2026 will benefit...

Europe Roundup: Euro dips below $1.10 after euro zone data, European shares fall ,Gold trades in narrow range, Oil slips on weak China data and rate hike expectations

May 02, 2023 13:01 pm UTC| Market Roundups Economy

Market Roundup German Mar Retail Sales (MoM) -2.4%, 0.4% forecast, -1.3% previous German Mar Retail Sales (YoY) -8.6%,-6.1% forecast,-7.1% previous UK Apr Nationwide HPI (MoM) 0.5%,0.4% forecast,-0.8%...

JPMorgan Chase Acquires Majority of First Republic Bank’s Assets

May 02, 2023 10:49 am UTC| Business Economy Digital Currency

JPMorgan Chase revealed on Monday, May 1, that it had acquired most of First Republic Banks assets. The acquisition comes after the second-largest bank in the United States has run aground. The deal between JPMorgan...

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Economy

U.S. Futures Drop as Trump Issues Iran Military Deadline, Oil Prices Jump

U.S. stock index futures pulled back Sunday night as geopolitical tensions in the Middle East intensified, pushing oil prices sharply higher after President Donald Trump issued a military ultimatum to Iran over access to...

Strait of Hormuz Disruption Sparks Global Oil Supply Fears

Growing concerns over a potential global oil shortage have resurfaced as escalating Middle East tensions disrupt energy shipments through the Strait of Hormuz, one of the worlds most strategically vital oil transit routes....

Oil Prices Surge as U.S.-Iran Conflict Threatens Global Supply

Global oil prices climbed sharply on Monday following the Easter holiday weekend, driven by escalating tensions between the United States, Israel, and Iran that continue to rattle international energy markets. The ongoing...

Morgan Stanley: Fed Rate Cuts Still on Track Despite Oil-Driven Inflation

Morgan Stanley believes the Federal Reserve will push forward with interest rate cuts in 2026, even as rising oil prices temporarily inflate headline inflation figures. According to the banks analysts, the current...

China's Energy Resilience Shields Economy From Global Oil Shock, Goldman Sachs Says

Goldman Sachs analysts believe China is among the best-positioned major economies to weather the current oil price shock stemming from escalating Middle East tensions, citing the countrys diversified energy strategy,...

Politics

Trump's "Easter Miracle" Rescue Sparks Church-State Debate

The dramatic rescue of a U.S. airman from Iran over the Easter weekend has ignited a national conversation about the role of religion in American military and foreign policy. President Donald Trump called the operation an...

Iran Rejects Trump's Hormuz Ultimatum, Threatens Wider Trade Disruption

Iran has firmly pushed back against U.S. President Donald Trumps latest threats over the Strait of Hormuz, dismissing his ultimatum and introducing new conditions that could further destabilize global trade routes. The...

Trump Issues Deadline for Iran to Reopen Strait of Hormuz Amid Escalating Conflict

President Donald Trump has set an 8:00 p.m. Eastern Time Tuesday deadline for Iran to reopen the Strait of Hormuz, one of the worlds most critical oil shipping routes, warning of severe military consequences if the demand...

U.S. Commandos Execute Daring Rescue Mission Deep Inside Iran

In one of the most audacious military operations in recent American history, U.S. special operations forces successfully extracted a stranded American weapons specialist from deep within Iranian territory. The mission,...

Ukraine Launches Massive Drone Offensive Across Russia, Knocking Out Power to Hundreds of Thousands

Russias military reported intercepting 148 Ukrainian drones within a three-hour window on Sunday evening, marking one of the more significant aerial campaigns in recent months. Air defence units neutralized the unmanned...

Science

NASA Artemis II: First Crewed Moon Mission Since Apollo Takes Four Astronauts on 10-Day Lunar Journey

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Mission: First Crewed Lunar Journey Since Apollo

NASA's Artemis II Crew Arrives in Florida for Historic Moon Mission

The four astronauts chosen for NASAs Artemis II mission have touched down at Kennedy Space Center in Florida, marking the beginning of final launch preparations for the first crewed lunar journey in over 50 years. NASA...

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

Technology

Samsung Electronics Eyes Record Q1 Profit Amid AI-Driven Chip Boom

Samsung Electronics is on track to report a historic first-quarter operating profit of approximately 40.5 trillion won ($26.9 billion), representing a six-fold year-over-year increase, according to a consensus estimate...

Elon Musk Ties SpaceX IPO Access to Mandatory Grok AI Subscriptions

Elon Musk is reportedly making Grok subscriptions a prerequisite for banks and advisers involved in SpaceXs highly anticipated initial public offering. According to the New York Times, citing insiders familiar with the...

MATCH Act Targets ASML and Chinese Chipmakers in New U.S. Export Crackdown

A bipartisan group of U.S. lawmakers has unveiled the MATCH Act, a landmark piece of draft legislation designed to tighten export restrictions on advanced semiconductor manufacturing equipment destined for China. The...

Microsoft's $10 Billion Japan Investment: AI Infrastructure and Data Sovereignty Push

Microsoft is set to pour approximately $10 billion into Japan between now and 2029, channeling funds into data center expansion and artificial intelligence infrastructure to meet the countrys growing demand for data...

Australia's Social Media Ban for Under-16s Sparks Global Movement

Australias landmark social media ban for users under 16, which took effect in December, is reshaping digital policy conversations worldwide. Countries including Spain and Malaysia have signaled interest in adopting similar...