Whatever your thoughts on Elon Musk’s politics, his management philosophy — lean, fast-moving, unconventional — is especially apropos in the age of AI. That’s why Jon McNeill’s new book, , is the most important business book of the year. And the first-ever written by one of Musk’s direct reports. If ...
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Cryptography must prepare for quantum computing, Google warnsCryptography must prepare for quantum computing, Google warns
Cryptography needs to be ready for quantum computing by 2029, Google warned. Modern encryption uses math equations that would take conventional computers trillions of years to crack. In theory, quantum computers could do that math instantly. “Q-day,” when the tech renders existing encryption useless, was — like fusion power — ...
Iran war widens the oil-fueled petroyuan corridorIran war widens the oil-fueled petroyuan corridor
Clay Chandler’s view The US is fighting Iran with one hand while funding it with the other — and accelerating the growth of a yuan-based financial corridor that it’s becoming too big to ignore. In the space of a single week, the US struck Iran’s Kharg Island, temporarily lifted sanctions ...
Jaw bone shows dogs were pets earlier than thoughtJaw bone shows dogs were pets earlier than thought
The discovery of a canine jawbone in a cave in southern England suggests that dogs were domesticated 5,000 years earlier than previously thought. The bone dates from around 15,000 years ago; older dog-like bones do exist, some as old as 33,000 years, but scientists dispute whether they are true dogs ...
Iran war risks grave global food crisisIran war risks grave global food crisis
The war in the Middle East threatens to unleash a global food crisis, with experts forecasting the impact could be worse than that sparked by Russia’s invasion of Ukraine. Iran’s closure of the Strait of Hormuz, through which a large share of the world’s fertilizer passes, is putting farmers at ...
Iran war spurs interest in African energyIran war spurs interest in African energy
Algeria agreed to increase LNG exports to Spain, part of renewed foreign interest in African energy supplies as the war in Iran sends prices soaring. The decision came just days after Italy’s prime minister traveled to Algiers to secure greater gas supplies; Ukraine also said it would increase gas imports ...
China detains Panama-flagged shipsChina detains Panama-flagged ships
The US said it was monitoring a surge in detentions of Panama-flagged ships by China, which it warned was linked to a recent decision by Panama to cancel a port concession for a Hong Kong-listed firm. In January, Panama — under pressure from Washington — canceled CK Hutchison’s contract to ...
China names AI tokens after the yuanChina names AI tokens after the yuan
China named the official translation for tokens — the units of data processed by AI models — after its own currency, as Beijing looks to shape the rules of the AI economy. By settling on Beijing ended a debate within China’s tech scene over the term: The move was “widely ...
Investors retreat from oil-reliant Asian marketsInvestors retreat from oil-reliant Asian markets
Global investors are pulling a record amount of capital from Asia’s emerging-market stocks — with China a notable exception. The region is especially vulnerable to energy disruptions stemming from the war, and oil-reliant nations like Taiwan, South Korea, and India saw the steepest outflows, Bloomberg reported, surpassing the pandemic-driven exodus ...
OECD forecasts Iran hit to global economyOECD forecasts Iran hit to global economy
The war in Iran is set to weigh on global growth this year, the OECD forecast Thursday, knocking the world’s economy off a path of strong expansion. The global economy was set for stronger-than-expected growth before the conflict began, but the near-halt to energy shipments from the Gulf “could result ...