Geoffrey Hinton, a pioneer in the field of artificial intelligence, recently spoke to Reuters about the potential threat posed by AI to humanity. According to Hinton, AI could be a “more urgent” risk than climate change. Hinton co-authored a landmark paper on neural networks in 1986 and was awarded the Turing Award in 2018 for … Read more
The World Health Organization (WHO) has decided that covid-19 is no longer an international emergency. Almost three years after the health agency set off all the alarms about the then new coronavirus discovered in China on January 30, 2020, the situation in the world has improved remarkably, although in these 1,191 days the disease has … Read more
Oil prices experienced their biggest one-day percentage decline since early January, with Brent futures and West Texas Intermediate crude falling around 5% to a five-week low. The fall was fueled by increased concerns about the economy as US politicians discuss ways to avoid a debt default and investors prepare for more rate hikes this week. … Read more
Japanese startup ispace inc announced that their attempt to make the first private moon landing failed, as they lost contact with their Hakuto-R Mission 1 (M1) lander, leading them to assume that it most likely crashed on the lunar surface. This marks the second major setback for private space development in a week, following SpaceX’s … Read more
Sega, the Japanese video game company, is reportedly nearing a deal to acquire Rovio, the maker of Angry Birds, for a staggering $1 billion. According to the Wall Street Journal, the acquisition is part of Sega’s push to expand its mobile gaming business and strengthen its position in the highly competitive gaming industry. The potential … Read more
Apple has announced plans to invest another $200 million in its carbon removal initiative, a fund aimed at removing carbon dioxide from the atmosphere. This move comes as part of the company’s long-term efforts to reduce its carbon footprint and become carbon-neutral by 2030. With this investment, Apple hopes to accelerate the development of innovative … Read more
The United States dollar weakened on Monday, amid anticipation of inflation data that is set to be released later this week. Investors are keeping a close eye on the figures, as rising inflation could lead to the Federal Reserve tightening its monetary policy sooner than planned. The greenback’s dip comes after a strong stretch in … Read more
UAE telco company, Etisalat, is taking a page out of India’s playbook by launching its own super app, Breakingviews. Hoping to emulate the success of India’s Jio Platforms and its all-in-one app JioMart, Etisalat’s Breakingviews aims to offer customers a seamless experience that combines e-commerce, digital payments, and a variety of other services. As the … Read more
Oil prices have been on the rise recently as hopes for a Chinese economic stimulus and a weaker dollar have buoyed the market. With China’s economy showing signs of slowing down, investors have been waiting for the government to announce a new round of stimulus measures, which could potentially increase demand for oil. Additionally, a … Read more
Bitcoin has been on a rollercoaster ride in 2021, surpassing $30,000 for the first time on January 2nd. This latest surge is partly due to investors anticipating the end of rate rises and seeing Bitcoin as a hedge against higher inflation. But with its notorious volatility, the cryptocurrency market is not for the faint of … Read more