Author: Editor-In-Chief
According to a lengthy social media post by Deedy Das, a partner at Menlo Ventures, the current mood around the AI boom is not great, even in the tech industry. Das called San Francisco “pretty hot right now” and said “the split in results is the worst I’ve ever seen.” Using “background AI calculations,” he predicted that about 10,000 people, including founders and employees of companies like OpenAI, Anthropic, and Nvidia, will have “retirement assets of well over $20 million,” while everyone else worries that “even if you could work a high-paying (but less than $500,000) job for the rest…
President Donald Trump is considered the ultimate president for the stock market, overseeing numerous expansions to all-time highs while also acting as a catalyst for major declines.Within the first two months of President Trump’s second term, S&P500 It experienced the most rapid decline into corrective territory since World War II, primarily due to uncertainty surrounding tariff policy. Less than a month later, the index nearly ended in bear market territory following the president’s “Emancipation Day” tariff announcement. A correction is defined as a decline of at least 10% but less than 20% from a recent high, and a bear market…
london — When around 150,000 people flocked to London in September to take part in a rally organized by Tommy Robinson, a provocateur of anti-Muslim bigotry with several convictions, it felt like a watershed moment in British politics. London Mayor Sadiq Khan said at the time: “Something has changed in our country.” “This felt different.” So when at least tens of thousands of people gathered again in the British capital on Saturday for the latest “Unite the Kingdom” march, it didn’t feel all that unusual. Views that were once not expressed in public are becoming commonplace. The marches, organized by…
Xabi Alonso has agreed to become Chelsea’s next permanent manager on a four-year contract.News of Alonso’s impending appointment broke shortly after Chelsea lost 1-0 to Manchester City in the FA Cup final on Saturday. Caretaker Callum MacFarlane was in charge until the end of the season and was in the dugout at Wembley. Chelsea, currently ninth in the Premier League, are looking for a new head coach after sacking Liam Rosenior in April after just three months in the role. Former Real Madrid manager Alonso is Chelsea’s number one takeover target and an announcement could be made as early as…
A truck passes in front of ADNOC Gas, a subsidiary of the Abu Dhabi National Oil Company facility, in Abu Dhabi on March 3, 2026. Ryan Lim | AFP | Getty ImagesThe United Arab Emirates’ decision to leave OPEC and OPEC+ is based on the country’s economic vision, not politics, the country’s energy minister said on Saturday.In a post onEarlier this month, Emirates announced that it would be withdrawing from OPEC, a group that has been a member since 1967, before the UAE was founded. “This decision is not based on any political considerations and does not reflect any rift…
Following US President Donald Trump’s visit to China, he issued a statement stating that the island of Taiwan is “sovereign and independent.”But Saturday’s statement added that Taiwan plans to maintain a “cross-strait status quo” without formally declaring independence from China.Recommended stories list of 3 itemsend of listThe message came in response to an interview Trump gave to Fox News the day before as he departed Beijing after meeting with Chinese President Xi Jinping.”We’re not going to make anyone independent,” Trump said in the interview, referring to Taiwan, an autonomous island that Beijing claims as its own territory.The issue of Taiwan’s…
Moments after a car plowed into a crowd of pedestrians in Modena, Italy, on Saturday, four Italian civilians intervened, tackled the car’s driver and pulled him to the ground, the mayor of Modena said. “A madman, I don’t know what to call the criminal who committed this act, got out of his car brandishing a knife,” Mayor Massimo Mezzetti told state news agency RAI. “We are grateful that four citizens captured him and turned him over to law enforcement.” Eight people were injured when a car plowed into a crowd on Via Emilia, a busy street in the center of…
ArXiv, a widely used open repository for preprint research, is going further to crack down on the careless use of large language models in scientific papers. Although papers are posted to the site before being peer-reviewed, arXiv (pronounced “archive”) has become one of the main ways research is distributed in fields such as computer science and mathematics, and the site itself is a source of data on trends in scientific research. ArXiv has already taken steps to combat the rise in low-quality AI-generated papers, such as requiring first-time submissions to receive approval from prominent authors. And the organization, which Cornell…
U.S. President Donald Trump attends a state dinner hosted by Chinese President Xi Jinping at the Great Hall of the People in Beijing, China, on May 14, 2026. Alex Wong | Getty ImagesBEIJING, May 16 (Reuters) – China and the United States have agreed to expand trade in agricultural products through tariff cuts and address non-tariff barriers and market access issues, China’s Commerce Ministry said on Saturday after a summit in Beijing this week.The ministry said the agreement was “tentative” and “will be finalized as soon as possible” after US President Donald Trump’s visit.China’s agricultural imports from the United States,…
For 250 days, Hearts threatened to destroy the natural order of Scottish football.Derek McInnes’ side are 90 minutes away from becoming the first non-Old Firm team to win the title since Sir Alex Ferguson’s Aberdeen in 1985, after their first league summit in almost eight months. In the end, they fell woefully short. Martin O’Neill had just woken up the hare and chased the tortoise across the goal line as Celtic were crowned champions for the 14th time in the past 15 years.But some might argue that the natural order has already been shaken, since the turtle will be operating…