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Cisco Acquires Cybersecurity Giant Splunk for $28B; Tidal Partners Advises in Historic Deal

Sep 22, 2023 12:18 pm UTC| Business Economy Technology

Cisco Systems, Inc., announced it has acquired Splunk, a software company specializing in cybersecurity. It has tapped Tidal Partners, a new mergers and acquisitions advisory group that was established last year by David...

Hyundai, Kia Launch 'Universal Mobility 2.0' in Singapore to Aid Vulnerable Pedestrians

Sep 22, 2023 12:11 pm UTC| Technology Life Business

Hyundai and Kia kick-start Universal Mobility 2.0 in Singapore, a navigation initiative supporting vulnerable pedestrians, focusing on the visually impaired and wheelchair users, evolving from their successful EnableLA...

Digital Currency Revolution

Busan Aims to Become South Korea's Blockchain Hub with $75M Public Mainnet Project

Sep 22, 2023 11:42 am UTC| Business Digital Currency Investing Technology

Busan, the second largest city in South Korea, has set out to work on achieving its goal of becoming a Blockchain City. The city will soon launch a public mainnet as part of its initiative for the project that has been...

YouTube Unveils AI-Driven Tools for Enhanced Video Creation

Sep 22, 2023 02:57 am UTC| Economy Technology Business

YouTube revealed a range of cutting-edge artificial intelligence (AI)-powered features aimed at assisting creators in producing videos and expanding their audience reach. As companies incorporate generative AI technology...

Not everyone wants to delegate their chores to technology

Sep 21, 2023 12:02 pm UTC| Technology

Household chores have a bad reputation. Many of us do not particularly like doing the dishes and cleaning the floor. No wonder companies are leveraging advances in robotics and artificial intelligence to introduce a new...

In future, we'll see fewer generic AI chatbots like ChatGPT and more specialised ones that are tailored to our needs

Sep 21, 2023 12:00 pm UTC| Technology

AI technology is developing rapidly. ChatGPT has become the fastest-growing online service in history. Google and Microsoft are integrating generative AI into their products. And world leaders are excitedly embracing AI as...

The joke's on us – how big tech is replicating our laughter online

Sep 21, 2023 11:58 am UTC| Technology

Human laughter as we know it likely developed between ten and 16 million years ago. For context, the stone tools our distant human ancestors made in the Early Stone Age date back around 2.6 million years. These are vast...

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Economy

Bessent Says U.S. Must Strengthen Supply Chains and Economic Security

U.S. Treasury Secretary Scott Bessent said the Trump administration is focused on strengthening supply chain resilience to protect critical industries from economic disruptions, pandemics, geopolitical conflicts, and...

South Korea Remains MSCI Emerging Market Despite Reform Progress

South Korea will remain classified as an emerging market by MSCI after the global index provider decided not to upgrade the country to developed market status in its latest market accessibility review released on Tuesday....

South Korea’s KOSPI Rebounds as Samsung and SK Hynix Lead Tech Stock Recovery

South Koreas benchmark KOSPI index staged a strong recovery on Wednesday, climbing 3.4% to 8,480.21 points after suffering a sharp sell-off in the previous session. The rebound was driven largely by gains in major...

Australia Inflation Cools in May, But Core CPI Keeps RBA Rate Hike Risks Alive

Australias inflation rate eased more than expected in May, offering signs that price pressures may be gradually cooling and strengthening the case for the Reserve Bank of Australia (RBA) to keep interest rates unchanged in...

Oil Prices Slip as Iran Sanctions Relief and Hormuz Shipping Recovery Ease Supply Concerns

Global oil prices moved lower on Tuesday, extending losses from the previous session as concerns over supply disruptions eased following signs of increased shipping activity through the Strait of Hormuz and a temporary...

Politics

Crimea Power Outage After Ukrainian Drone Attack, Russian Authorities Say

Power supplies were disrupted in Sevastopol, the largest city in Russian-annexed Crimea, following what local Russian-installed authorities described as a Ukrainian attack on energy infrastructure. Mikhail Razvozhayev, the...

Cait Conley Wins Democratic Nomination, Sets Up Key House Battle Against Mike Lawler in New York

Cait Conley, a U.S. Army veteran and former national security official, has secured the Democratic nomination to challenge Republican Congressman Mike Lawler in New Yorks highly competitive 17th Congressional District. The...

U.S. Eases Iran Team Travel Restrictions Ahead of Seattle World Cup Match

The United States has relaxed travel restrictions for Irans national soccer team ahead of its upcoming FIFA World Cup match in Seattle, allowing the squad to enter the country two days before kickoff instead of just one...

Peru Election Dispute Deepens as Roberto Sanchez Rejects Runoff Results

Perus presidential election dispute intensified on Tuesday after leftist candidate Roberto Sanchez announced that he would not recognize the outcome of the tightly contested presidential runoff, alleging electoral fraud...

Marco Rubio Seeks Gulf Support for U.S.-Iran Peace Deal Amid Regional Concerns

U.S. Secretary of State Marco Rubio has begun a diplomatic tour of the Gulf region as the Trump administration works to ease concerns over its newly signed peace agreement with Iran. Rubio arrived in the United Arab...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

Technology

Anthropic AI Model Uncovers Vulnerabilities in Classified U.S. Government Systems During Security Test

Anthropics advanced artificial intelligence model identified vulnerabilities in classified U.S. government computer systems during a recent security testing exercise, according to a report by the Associated Press citing a...

Samsung Electronics Stock Surges on Report of Massive $59 Billion Share Buyback Plan

Samsung Electronics shares rallied sharply on Wednesday after a report suggested the company could launch a substantial share buyback program worth nearly 90 trillion won ($59 billion) over the next three years. The...

SK Hynix Moves Closer to New York ADR Listing Amid AI Chip Boom

South Korean memory chip giant SK Hynix is reportedly preparing to take a major step toward a U.S. market debut by filing documents for an American Depositary Receipt (ADR) offering with South Koreas financial regulator....

Cerebras Revenue Forecast Tops Expectations, but Margin Concerns Weigh on Stock

Cerebras Systems delivered a strong revenue outlook for 2026 that exceeded Wall Street expectations, but investors remained cautious as the companys profit margin forecast highlighted the challenges of competing with AI...

SpaceX Stock Rebounds After Sharp Selloff, But Valuation Concerns Persist

SpaceX (NASDAQ: SPCX) recovered modestly on Tuesday, closing 0.9% higher at $156.06 after briefly falling below its post-IPO opening price during intraday trading. The stock touched a low of $147.11, slipping beneath the...