A fresh wave of global selling pressure hit Wall Street on Tuesday, as escalating tensions involving Iran deepened fears of prolonged economic disruption. The S&P 500 fell 1.8 per cent in early trade. The Dow Jones Industrial Average was down 907 points, or 1.9 per cent, as of 9:35 am Eastern time, while the Nasdaq…
Two of the most powerful figures in artificial intelligence (AI) industry have signalled the same thing: the current era of AI is not the final one, and that it will take one of two more breakthroughs that can change the world entirely. Both Microsoft CEO Satya Nadella and Google DeepMind CEO Demis Hassabis believe the…
Russia on Tuesday indicated that it is ready to support India with energy supplies in case of any disruption arising from the ongoing crisis Middle East, amid increasing global concerns around impact of Gulf tensions on energy supplies and prices. Reuters citing sources said, “Russia is ready to help India with energy supplies in case…
Netflix co-CEO Ted Sarandos has now broken his silence after dropping out of the bidding war for Warner Bros. Discovery, conceding defeat to Paramount Skydance. However, Sarandos warned that the rival’s debt-heavy acquisition will come at a steep cost for Hollywood. Speaking to Bloomberg in an interview, Sarandos revealed that Netflix had planned for multiple…
Ali Khamenei (File photo) For years, Israeli intelligence quietly tracked the movements of Iran’s most powerful man — Ayatollah Ali Khamenei.Now, in one of the most dramatic military operations in recent history, Iran’s Supreme Leader of more than three decades has been killed in coordinated US-Israeli strikes. The mission was ambitious, long in the making…
Estimates from experts on India’s dependency on Middle East and the Strait of Hormuz peg it at 50% of India’s oil imports. (AI image) India is among the top five world economies and its energy security is of paramount importance. The ongoing US-Israel-Iran war has caused disruptions in global oil, gas and trading shipments, especially…
The US Embassy in Saudi Arabia warned Tuesday of imminent missile and UAV attacks over Dhahran, urging American citizens to avoid the US Consulate and shelter in place immediately on the lowest available floor, away from windows informing that the Consulate staff are taking cover inside the facility.Authorities instructed residents to seek immediate shelter if…
US President Donald Trump on Tuesday declared it was “too late” for Iran to seek talks, saying the country’s “air defence, Air Force, Navy, and leadership” had been effectively destroyed in US-Israeli strikes, even as he insisted Washington had “unlimited” high-end weaponry and the capability to sustain operations against Tehran far beyond current projections.“Their air…
The dispute between the Pentagon and Anthropic shows no sign of slowing down. Recently, Anthropic CEO Dario Amodei called Trump’s decision to label the company as a national security threat ‘retaliatory and punitive’. Now, Under Secretary of War Emil Michael has denied an Atlantic report which said that the Pentagon wanted to use Anthropic’s AI…
TIRUNELVELI: Two, including a guest worker, were hacked to death and five others sustained injuries in Perumpathu village, located on the Kalakkadu-Ervadi road near Nanguneri in Tirunelveli district, during the late hours of Monday.According to police sources, a gang entered Perumpathu village and hacked seven people who were standing outside a tea shop. As a…