Finance news

Canada moves to ban under-16s from social media, regulate AI

Canada’s culture minister on Wednesday introduced legislation that would ban children under 16 from having social media accounts and require AI chatbot services to limit production of harmful content. The proposed Digital Safety Act makes Canada the latest in a wave of countries cracking down on social media platforms over concerns of harm to children. “We have seen the very serious consequences that online harms can have … The safety of children cannot be an afterthought,” said Culture Minister

FBI disables 13 Chinese suspected spying websites targeting US officials

The FBI said on Wednesday that it seized more than a dozen internet domains used by Chinese intelligence services to gain personal information in hopes of fooling, conscripting or blackmailing Americans with security clearances into divulging sensitive information. “The fake consulting company domains seized by the FBI illustrate the lengths the Chinese government’s intelligence services will go to as they try to use AI-generated content to trick, recruit, or coerce current and former US...

Possible Move from the US, Looking to Learn

Hello Everyone, Apologies in advance if this post breaks any of the rules of the subreddit, please let me know if changes need to be made. I'll start with some context before asking my questions: I'm an Italian citizen (29M) that came to live to the U.S when I was around 15, because of my parent's work. Fast forwarding to about 2 years ago, when I started working as a Software Dev and started putting money in the stock market and my 401k here in the US (I'm not sure what the equivalent is in EU)

Micron, Intel drag the tech sector into a new bearish phase. Will the correction last this time?

The selloff in the tech sector that has heightened investor anxiety over the past week graduated to a new phase on Wednesday: The pullback is over, and it’s now officially a correction.

Am I crazy or is copper becoming one of the most obvious AI investments?

Every day I see people arguing about NVIDIA, AMD, OpenAI, etc. But the more I read about AI infrastructure, the more I keep coming back to copper. All these data centers need power. All that power needs transmission lines. All those transmission lines need copper. Meanwhile I keep hearing that new copper discoveries aren't exactly keeping up with future demand. Maybe I'm missing something, but it feels like everyone wants exposure to AI while ignoring the stuff that actually makes AI possible. A

China-UK cooperation vital in ensuring the AI era puts people first

During a recent discussion in Shenzhen with British Foreign Secretary Yvette Cooper, I was reminded that the development of artificial intelligence (AI) is no longer only a technological race. It is a test of whether major economies can build the institutions, standards and economic systems needed to integrate intelligent machines into human society. Britain has every reason to enter this new era with confidence. It has contributed to much of the modern world’s foundations. In 1687, Isaac Newton

Software: Oracle exceeds expectations – shares fall due to financing plans

Sales and profits exceed analysts' expectations. But investors are increasingly critical of the expansion of the infrastructure for artificial intelligence because of the high debt burden.

NTT sets sights on Nvidia, AI race with $500m optical network fund

‘They got very lucky,’ Trump says of downed Apache helicopter’s crew

After a U.S. Army Apache helicopter was downed by an Iranian drone, President Donald Trump said the rescued aviators “got very lucky.”

US Army astronaut tapped for NASA’s Artemis III mission

The U.S. Army is launching into space again by way of Col. Frank Rubio, who will be part of the 2027 Artemis III mission, NASA announced Tuesday.

Trump doubles down on Pulte for DNI, calls for short-term extension of foreign surveillance law

Unless Congress acts, a key provision of the Foreign Intelligence Surveillance Act will expire at the end of this week.

Humaniod robotics company raises up to $1.4 billion from Nvidia, Amazon and others

Investors have rushed to back companies in the physical AI space

German robot start-up: Neura Robotics raises up to 1.4 billion dollars

Billion boost for Neura Robotics: With support from Amazon, Nvidia and Co., the start-up wants to make humanoid robots suitable for the masses. What's behind it?

Artificial intelligence: How watermarks in the EU will soon mark AI content

AI or real photo? Anyone who is online regularly comes across content that looks deceptively real but is not. The EU AI law is intended to provide more clarity.

565 terawatt hours consumption: The artificial intelligence lacks electricity

The energy consumption of data centers is increasing faster than expected, and electricity is becoming a bottleneck in the AI ​​race. That's why tech companies are now building their own power plants.

EnQuest Bets $833 Million on Malaysia's Offshore Oil

EnQuest PLC has agreed to buy interests in four production sharing contracts offshore Malaysia from local state firm Petronas for up to $833 million, as the UK-based oil and gas producer bets on growth opportunities in Southeast Asia. EnQuest on Wednesday said that its wholly-owned subsidiary, EnQuest Petroleum Production Malaysia Limited, has agreed to acquire three separate packages that include interests in four offshore production sharing contracts in Malaysia. The proposed acquisitions invo

The Fault Lines in China’s Power: America Must Build—and Use—Leverage Against Beijing

[Excerpt from essay by Ely Ratner, Principal at the Marathon Initiative. From 2021 to 2025, he served as Assistant Secretary of Defense for Indo-Pacific Security Affairs in the Biden administration; and Nick Danby, research associate at the Marathon Initiative. He previously served as a U.S. naval intelligence officer.] The U.S.-Chinese trade war of 2025 lasted barely a month, but the strategic deficit it exposed had been festering for decades. On April 2, his so-called Liberation Day, U.S. Pres

“Artemis” moon program: Expert: German as the first European on the moon is still conceivable

Surprisingly, a European is allowed to take part in the “Artemis-3” mission of the NASA moon program. Luca Parmitano from Italy can be happy. What does this mean for German astronauts with moon ambitions?

Pharmaceutical industry: Pfizer boss cancels Merz and questions investments

Criticism of austerity targets for the pharmaceutical sector is growing: After two major investments in Germany were halted, Pfizer is also putting its plans to the test.

Pharmaceutical industry: Pfizer boss cancels Merz and questions investments

Criticism of austerity targets for the pharmaceutical sector is growing: After two major investments in Germany were halted, Pfizer is also putting its plans to the test.

German air show opens under shadow of Iran war, fighter project collapse

Airbus, which represented Germany and Spain in FCAS, is increasingly looking to Sweden’s Saab as a preferred partner, according to sources.

Artificial Intelligence: Anthropic expands access to myth

The AI ​​model was previously only available to selected users due to security concerns. Now Anthropic is releasing a version for the general public – with restrictions.

The US usually sells weapons to Taiwan – with drones, expect the reverse

Taiwan's biggest appeal is the lack of China in the manufacturing supply chain, one analyst said.

Health insurance: Can Berlin prevent the pharmaceutical crash? Coalition is working on relieving the burden on industry in the austerity law

The conflict between the pharmaceutical industry and the federal government is intensifying; billions in investments are at stake. According to Handelsblatt information, the coalition could accommodate the industry.

Truck driver arrested as HK$10m of injections, fish maw seized at Hong Kong bridge

Hong Kong customs officers have arrested a 39-year-old truck driver on suspicion of smuggling and seized goods worth HK$10 million (US$1.27 million), including weight-loss injections and fish maw. The Customs and Excise Department said on Wednesday that a medium goods vehicle was intercepted at the Hong Kong-Zhuhai-Macau Bridge crossing on June 4. The vehicle, bound for Macau, was declared to be carrying wine, garments, health supplements and cameras, but X-ray imaging revealed discrepancies,...

China’s military warned against ‘dangers of AI sycophancy’ on the battlefield

China’s military mouthpiece has highlighted the “dangers of AI sycophancy” – where artificial intelligence systems alter the facts to match user biases – and called for action to prevent this from harming People’s Liberation Army operations. An article in PLA Daily on Tuesday said the tendency for AI models to cater to user preferences – even endorsing blatant errors over objective facts – posed a “severe threat” at a time when the military relied more on automated systems. “The dangers of AI...

Pharma: Letters to Merz: Pharmaceutical companies are pushing for a personal meeting - but the Chancellor doesn't answer

There is frustration in the industry about the government's austerity measures - and radio silence from the Chancellor. A corporate board keeps its distance. The Handelsblatt has two letters about this.

Thousands of Iranians left without water in searing heat after US hits reservoirs

Thousands of Iranians in the southern port town of Sirik have lost access to drinking water after US strikes hit two reservoirs in the area, Iranian state media said on Wednesday. The United States carried out strikes on the southern cities of Jask and Sirik and on Qeshm Island in the Strait of Hormuz, after what Washington said was Iran’s downing of a US Army Apache helicopter over Gulf waters. The strikes damaged two reservoirs supplying the Bemani and Kouhestak areas of Sirik...

Apple and Nvidia supplier Foxconn invests in Vietnam solar, wind power

New Siemens locomotives: Like a smartphone with 9,000 horsepower

Europe's railway manufacturers are increasingly relying on software and artificial intelligence. Siemens is rushing forward with a new locomotive. It even has an app store on board.