Phool dev Shahni, like his father and grandfather before him, once earned his livelihood by diving into 8-foot-deep muddy ponds to harvest makhana, or lotus seeds. “I used to dive in 7 to 8 feet of water for hours a… Read More ›
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FTX Ordered To Repay $12.7 Billion To Customers Amid Bankruptcy Settlement
A U.S. court has mandated that bankrupt cryptocurrency exchange FTX pay $12.7 billion in relief to its customers, the Commodity Futures Trading Commission (CFTC) announced on Thursday. The ruling follows accusations that FTX lured customers with a false sense of… Read More ›
Study Reveals Alarming Growth In AI-Generated Child Sexual Abuse Content On Dark Web
A recent study has uncovered a disturbing trend: a significant rise in the creation of AI-generated child sexual abuse material on the dark web. Research conducted by Anglia Ruskin University indicates a clear and growing demand for such content among… Read More ›
Assassination Of Hamas Leader Ismail Haniyeh In Iran Sparks Fears Of Wider Regional Escalation
Hamas leader Ismail Haniyeh was assassinated in the early hours of the morning in Iran, the Palestinian militant group announced on Wednesday, heightening concerns of a broader escalation in a region already shaken by Israel’s war in Gaza and a… Read More ›
Despite China’s Slump, Second-Quarter Sales Growth Drives A 10.5% Gain In Philips Shares
After the Dutch gadget manufacturer Philips released better-than-expected second-quarter profits, its stock rose more than 10.5% in early trading on Monday. By 9:32 a.m. London time, the stock had reduced gains marginally and was trading up 10.45%. Similar group sales… Read More ›
Putin Alerts The US To A Missile Catastrophe Akin To The Cold War
Vladimir Putin, the president of Russia, issued a warning to Washington on Sunday, stating that if Washington placed long-range missiles in Germany, Russia would place missiles of a similar design within striking reach of the West. In anticipation of a… Read More ›
Mitsubishi Motors Will Join The Honda-Nissan Alliance
According to the Nikkei newspaper on Sunday, Japan’s Mitsubishi Motors is going to become a part of an alliance between Nissan Motor and Honda Motor, forming a partnership between manufacturers with a combined sales volume of over 8 million cars…. Read More ›
G20 Decides To Address Super-Rich Taxes, But The Forum Has Not Yet Been Determined
A deeper debate about the appropriate platform to advance the agenda was covered up by the first-ever unified declaration by G20 finance chiefs on Friday, wherein they pledged to work in order to properly tax the world’s richest fortunes. The… Read More ›
Colgate-Palmolive Improves Its 2024 Projections Citing Solid Demand
Colgate-Palmolive, a manufacturer of toothpaste, increased its projections for organic sales and yearly profit on Friday. This came after the company’s high-priced products continued to outpace second-quarter predictions. In comparison to a 16% increase in the previous year, organic sales… Read More ›
How Visa Used AI To Thwart $40 Billion In Fraud But Con Artists Also Utilise The Technology
James Mirfin, global head of risk and identity solutions at Visa, told CNBC that the payment giant is utilising AI and machine learning to combat fraud. Between October 2022 and September 2023, the business stopped $40 billion worth of fraudulent… Read More ›
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