Author: Editor-In-Chief
Mercedes’ Kimi Antonelli and George Russell set the fastest time ahead of Ferrari’s Lewis Hamilton on the final day of the first Bahrain test, amid continued arguments and counterarguments from F1’s four leading teams as to who will be the real protagonists in early 2026.Russell took the lead in the Friday morning session with a then-best fastest lap in testing at 1 minute 33.918 seconds, and teammate Antonelli improved his time twice during the afternoon session. The Italian youngster ended up clocking a time of 1:33.669, setting a benchmark for his first week of running in Sakhir. Hamilton raced all…
Swiss Franc banknotes in Lausanne, Switzerland, December 23, 2025.Fabrice Coffrini | AFP | Getty ImagesIf you ask investors to name their safe-haven currencies, most will say the US dollar, the Swiss franc, or the Japanese yen.Investors have historically expected value to be maintained even during geopolitical or economic turmoil.But recently, these currencies themselves have experienced volatility. The dollar and yen depreciated sharply from 2025 to 2026. The franc has strengthened, but this is difficult for an export-dependent country with unusually low inflation.dollar declineUS President Donald Trump has reordered global trade to impose tariffs in 2025, triggering a “Sell America” trade…
As European leaders prepared for a combative Munich Security Conference on Friday, Germany’s Friedrich Merz sternly pointed out that the international world order “no longer exists”, one of the few points of agreement between the fractious allies in the Atlantic alliance. Merz’s speech at the South Germany conference, which brings together officials from around the world to discuss international security and hold diplomatic negotiations, highlighted the widening rift between the United States and Europe. The German leader of the centre-right Christian Democratic Union has warned that European freedoms “can no longer be taken for granted” in an era when major…
Meta plans to add facial recognition capabilities to its smart glasses as early as this year, according to a new report in the New York Times. The feature, known internally as a “name tag,” allows the wearer of the smart glasses to identify a person and retrieve information about that person through Meta’s AI assistant. The report notes that Meta’s plans are subject to change. The tech giant has been considering how to release features that pose “security and privacy risks” since early last year. According to an internal memo, the company originally planned to show Name Tag to attendees…
An aerial view of Singapore’s skyline.Tong Thi Viet Phuong | Moments | Getty ImagesAsia-Pacific markets fell on Friday, following Wall Street’s decline on concerns about artificial intelligence disruption. S&P500 In the red for three consecutive days. This year, parts of the U.S. stock market have been hit by the release of AI tools that threaten the automation of tasks performed by some companies, or at least risk eating into profit margins.Shares of several trucking and logistics companies have fallen on concerns that new AI tools could significantly reduce major inefficiencies in transportation, leading to reduced demand for the industry’s services.Software…
This report is from this week’s The Tech Download newsletter. Is it what you see? You can subscribe here.coreIn earnings season, tech companies are pledging endless spending as they rush to ramp up data center capacity amid the AI boom.Hyperscalers (including) Amazon, microsoft, meta and alphabetannounced that AI-related capital spending could reach $700 billion this year, more than the GDP of countries such as the United Arab Emirates, Singapore, and Israel.Investors are feeling anxious. Stocks tumbled last week as more than $1 trillion was wiped from the market capitalization of Big Tech companies amid concerns about the scale of AI…
Wales, aiming to win their first Guinness Six Nations since 2023, have made four changes to their squad ahead of this Sunday’s match against France.Leicester back-rower Ollie Cracknell will make his Six Nations debut for Wales. The 31-year-old, who became the fifth oldest player to make his debut for Wales in the autumn, won his third cap as a number eight in a reshaped back-row. Aaron Wainwright moved from number eight to blindside flanker, Alex Mann switched to openside and Josh MacLeod dropped out as Wales switched things up after their 48-7 thrashing of England in the Championship opener. Use…
As top AI labs like Google, Anthropic, and OpenAI chase enterprise adoption, Canadian AI startup Cohere is quietly cleaning up. The company told investors in a note that it exceeded its 2025 annual recurring revenue target of $200 million, growing more than 50% quarter-over-quarter for the year to $240 million, according to CNBC. Cohere was founded in 2019 and is backed by enterprise technology investors including Nvidia, AMD, and Salesforce. The startup’s core technology is its Command family of generative AI models, which Cohere says are efficient enough to deploy on limited GPUs, making them attractive to companies looking to…
Traders work on the floor of the New York Stock Exchange (NYSE) on February 11, 2026 in New York City, USA. Brendan McDiarmid | Reuters Artificial intelligence is having its moment. And in the market, that usually means someone is having a tough week.The latest victims of this technology are real estate, trucking and logistics stocks, along with financial stocks and software-as-a-service stocks, which are plummeting on concerns about AI.Office towers could soon be empty as AI replaces workers, according to Elon Musk, who commented on a podcast last week. This was echoed in an essay by Matt Schumer, co-founder…
Aerial view of a truck entering a shipping berth at the Port of Oakland on August 26, 2025 in Oakland, California.Justin Sullivan | Getty ImagesInvestors were on edge in the last session of the week after concerns over AI hit the stock market again, triggering a fresh decline, this time with the logistics and real estate sectors taking a hit. Here’s how some of the hardest hit stocks fared on Friday.Trucking and logisticsOn Thursday, logistics stocks became the latest victim of AI fear trading, thanks to a new tool from AI company Algorithm Holdings. The tool, called SemiCab, touts itself…