Author: Editor-In-Chief
oracle CNBC has confirmed that the company has begun telling employees it will cut thousands of jobs as it deals with a plummeting stock price as it injects massive amounts of capital into building out its AI infrastructure. While Oracle’s core business has been hit by market panic over competitive risks from generative artificial intelligence models, the company has also faced pressure from investors over the amount of debt it is raising for AI investments and declining cash flow. Business Insider reported on the latest layoffs early Tuesday. CNBC confirmed the cuts to two people familiar with the matter, who…
A new economic partner?Liberta Velasco is a Chavismo who grew up in Enero district 23, but was still a teenager when Chavez came to power.She later became one of the founding members of the youth wing of Chávez’s political party, the United Socialist Party of Venezuela (PSUV). Eventually, she became the head of a government agency that expands access to higher education to people in vulnerable communities.Still, Velasco described the period following Maduro’s abduction as something of an awakening.”It’s like seeing yourself without makeup,” Velasco says. “Now everything is laid bare and revealed in its purest state, and we begin…
Metula, northern Israel — The rooftops of a Lebanese village in an area currently set aside by the Israeli government as a “security buffer zone” can be seen from a border community in northern Israel. And for more than 60,000 Israelis living in remote towns, war with Hezbollah is not a distant reality. Here, when a Hezbollah rocket fires an air raid siren, there is no gap between the warning and the shock. Unlike other parts of Israel, residents have only seconds to evacuate. On Sunday, Israeli Prime Minister Benjamin Netanyahu announced a further expansion of Lebanon’s internal military buffer…
Sky Sports and NOW will become the home of Most Valuable Promotions’ new women’s boxing platform MVPW in the UK and Ireland after agreeing a multi-year deal with the promoter.The deal will see Sky Sports exclusively broadcast two all-female UK evening matches each year, along with MVPW’s first UK tournament on Sunday 5 April at the Olympia in London. The women’s-only bill at Olympia, which will be broadcast live on Sky Sports this Sunday, includes a historic double main event in which Caroline Dubois takes on British rival Terry Harper in a lightweight world title unification bout, as well as…
Runway is moving beyond building AI video models to shaping what is built on top of them. An AI video generation startup has launched a $10 million venture fund to invest in early-stage companies building AI, media and world simulations, the company’s founders told TechCrunch. It’s also rolling out a Builders program that provides free API credits to startups from seed to Series C, a move that signals Runway wants to build an ecosystem around what it calls “video intelligence.” Runway has become one of the leading companies in AI video generation, with its tools used across film, advertising, and…
Gas prices displayed at a Mobil gas station in Pasadena, California on March 30, 2026. Tama Mario | Getty ImagesAs part of an ongoing supply shock in energy markets, gasoline prices above $4 a gallon may appear to be a signal for the Federal Reserve to raise interest rates to stem inflation. That seems like a bad bet, at least for now.Instead, investors expect the central bank to keep rates unchanged or even cut them later this year, as policymakers consider the risk that rising energy prices will slow growth rather than sustaining inflation.In market-moving remarks, Federal Reserve Chairman Jerome…
microsoft The company is facing new scrutiny of its business software ecosystem from the UK’s competition regulator as Europe ramps up efforts to diversify its technology stack and expand its digital sovereignty. Britain’s Competition and Markets Authority announced on Tuesday that it will launch a “strategic market situation (SMS) investigation” into the tech giant’s enterprise software suite from May. The regulator said in a statement that hundreds of thousands of businesses and public sector organizations in the UK use Microsoft business software every day, including Windows, Word, Excel, Teams and the AI platform Copilot. “The SMS designation allows us to…
Cuba is facing one of its worst crises in decades, as the Caribbean island contends with nationwide blackouts, fuel shortages and growing political uncertainty.The crisis comes as the United States increases pressure on the communist government in Havana.Recommended Stories list of 3 itemsend of listAs recently as Friday, US President Donald Trump hinted that he might attack Cuba, following military operations in Venezuela and Iran.“I built this great military. I said, ‘You’ll never have to use it.’ But sometimes you have to use it. And Cuba is next,” he said.Trump’s threats have raised questions about the future of Cuba’s leadership…
Manchester United are planning a summer rebuild with eight senior players expected to leave Old Trafford, with the club likely to earn more than £100m.United currently sit third in the Premier League with seven games in hand. If they return to the Champions League next season, they will earn around £16m for making it to the group stage, but that figure could rise significantly depending on their performance, meaning English clubs will earn at least £40m for reaching the last 16 this season. But attention will also turn to a potential departure as United prepare for a crucial transfer window…
To build future autonomous machines, you may need a model. Companies developing self-driving cars, robots that manipulate physical environments, and autonomous construction equipment are collecting thousands, if not millions, of hours of video data for evaluation and training purposes. It’s now a human job to organize and catalog that video, and humans have to watch all the videos. Even if I fast forward, the scale doesn’t match. NomadicML, a startup founded by CEO Mustafa Bal and CTO Varun Krishnan, wants to solve a problem for customers where 95% of their fleet data is stored in archives. This challenge becomes even…