India announces new French fighter jet deal as Modi visits Paris
India announces new multi-billion-dollar deal for French fighter jets and submarines during Prime Minister Narendra Modi’s visit to Paris.
International
Swiss parliament starts Credit Suisse takeover probe
Switzerland’s parliament has launched an inquiry into the government-orchestrated takeover of Credit Suisse by UBS.
US regulator investigating ChatGPT over bad content
OpenAI is under investigation by the FTC over concerns of generating false information and mishandling user data.
Hollywood shuts down as actors go on strike
Hollywood actors’ strike begins, joining writers in a historic industry-wide walkout over pay and the threat of AI.
HBO/Max tops Emmy nominations, achieving historical milestones
HBO/Max sets a record with 127 Emmy nominations across 17 original programs for the 75th Annual Primetime Emmy Awards. This marks the 21st time HBO tops the list of most Primetime Emmy nominations in a year.
U.S. bank stocks surge amid cooler-than-expected inflation data; deVere CEO predicts ‘perfect soft landing’
Cooler-than-expected inflation data propels U.S. bank stocks, fostering belief of a ‘soft landing’ for the economy, according to deVere CEO Nigel Green. He predicts solid growth in tech, healthcare, and infrastructure sectors amid enhanced economic stability.
Military ties to take centre stage as Modi visits France
Indian PM Modi visits France for Bastille Day parade, discussing defense deals amid mutual concerns about China.
Musk launches xAI to rival OpenAI, Google
Elon Musk launched xAI, his own AI company, to rival OpenAI. The goal is to understand reality and tackle life’s biggest questions. The team includes former researchers from OpenAI, Google DeepMind, Tesla, and the University of Toronto.
Musk criticizes OpenAI’s political bias and irresponsibility.
Chinese hackers breached US govt email accounts: Microsoft
Chinese hackers, referred to as Storm-0558 by Microsoft, breached the email accounts of several US government agencies. The hackers primarily targeted government agencies in Western Europe and engaged in espionage, data theft, and credential access.
While the targets were not identified, the US State Department confirmed detecting anomalous activity and taking immediate steps to secure their systems. The incident remains under investigation, and the full extent of the breach is being assessed.
Biden blunders again during meeting with King Charles III
During his recent United Kingdom visit, US President Biden inadvertently broke royal protocol multiple times when meeting King Charles III, repeating mistakes previously made by former President Trump, including walking ahead of the monarch and engaging in unanticipated casual physical contact.