The call was made on an Airbus A320 flying from Dusseldorf airport in Germany on 6 July following two stall warnings. ...
US State Dept. mislabels every country on Africa mapUS State Dept. mislabels every country on Africa map
The US State Department mislabeled every country on a map of Africa displayed during a presentation at a global AIDS conference in Brazil this week. The map, which Reuters suggested was made with OpenAI tools, showed Nigeria as landlocked, misplaced Mozambique in the Horn of Africa, and relocated Ivory Coast ...
Gulf states push China to restrain IranGulf states push China to restrain Iran
Gulf states are pushing for China to rein in Iran as doubts grow about the US’ ability to end the five-month conflict. The Gulf is hoping that Beijing will use its economic clout to steer Tehran to a negotiated deal that will reopen the Strait of Hormuz, as fresh strikes ...
Europe revolts against FIFA planEurope revolts against FIFA plan
Europe’s soccer federation voted to boycott the World Cup on Thursday, after FIFA moved to spin off its commercial rights to private investors. The $20 billion plan blindsided the soccer world: UEFA said its boycott of all FIFA competitions will persist as “long as these proposals remain alive.” FIFA’s North ...
Meta plunges on AI spending scrutinyMeta plunges on AI spending scrutiny
Meta’s stock plunged 8% Thursday, continuing its historic losing streak after lackluster earnings and revenue projections dimmed investor confidence in CEO Mark Zuckerberg’s AI vision. The company, which is pushing more premium social media services to fund its eye-watering AI bills, could enter negative free cash flow for the first ...
AI-related imports prove to be drag on US growthAI-related imports prove to be drag on US growth
The US economy grew more slowly than expected in the second quarter, as AI-related imports weighed on otherwise robust economic data. Consumer spending picked up despite inflation and business investment driven by the AI buildout remained strong, but that AI boom cut against overall growth, as the country imported more ...
Trump says Board of Peace has reached agreement for disarmament of HamasTrump says Board of Peace has reached agreement for disarmament of Hamas
Israel and Hamas have yet to comment on the announcement. ...
Uefa to boycott World Cups if Fifa plans approvedUefa to boycott World Cups if Fifa plans approved
Uefa says “the World Cup is not for sale” after its 55 member associations vote to boycott future tournaments if Fifa and its president, Gianni Infantino, do not back down on their investment proposals. ...
High-flying hedge fund sells holdings to Citadel after AI lossesHigh-flying hedge fund sells holdings to Citadel after AI losses
A high-flying hedge fund founded by former OpenAI researcher Leopold Aschenbrenner dumped its stock holdings to Citadel, an AI-age sequel to the Archegos fiasco that rocked Wall Street a few years ago. Situational Awareness sold its public book to Ken Griffin’s hedge fund, people familiar with the matter said. The ...
Bond markets flinch at Fed’s non-guidanceBond markets flinch at Fed’s non-guidance
US long-term borrowing costs hit their highest levels since 2007 as investors balked at Federal Reserve Chairman Kevin Warsh’s new stripped-down communications strategy. Yields on 30-year Treasury bonds touched 5.24% after Wednesday’s Fed meeting, when Warsh made good on his promise to pare back guidance that, in his view, the ...