Feed aggregator

Russia focuses on seizing Ukraine’s Pokrovsk amid reports of heavy losses

Around The Globe - Thu, 01/30/2025 - 11:12
Russia concentrates on Donetsk hoping for a decisive breakthrough, as Ukraine claims Moscow has lost almost 835,000 men.

Ukraine says Russian drone strike killed four people in Sumy

Around The Globe - Thu, 01/30/2025 - 11:02
The Ukrainian military said Russia launched 81 drones overnight, 37 of which were shot down.

Trump’s freeze on international aid causes “massive shocks”

Around The Globe - Thu, 01/30/2025 - 11:01
The consequences for global stability of the Trump administration’s decision to pause international aid.

Video: Syria’s al-Sharaa sets out priorities as transitional president

Around The Globe - Thu, 01/30/2025 - 10:29
Former Syrian opposition leader Ahmed al-Sharaa has given a speech in Damascus

US figure skaters, former Russian world champions on board crashed plane

Around The Globe - Thu, 01/30/2025 - 10:14
The skaters, returning from a Kansas camp, were among the 64 passengers on the plane that crashed near Washington, DC.

Adesanya vs Imavov: UFC Saudi Arabia – start, fight undercard, how to watch

Around The Globe - Thu, 01/30/2025 - 10:12
All the key fight details as Israel Adesanya clashes with Nassourdine Imavov at UFC Fight Night 250 in the Middle East.

Israel’s ban on UNRWA comes into effect despite backlash

Around The Globe - Thu, 01/30/2025 - 10:12
Israel has repeatedly accused UNRWA employees of involvement in the October 7 attack without providing proof.

The UN’s agency for Palestinians is now banned in Gaza. What now?

Around The Globe - Thu, 01/30/2025 - 10:00
Israel’s ban on the UN’s refugee agency for Palestinians, UNRWA, has come into force. Soraya Lennie explains.

Female Israeli captive freed in ceremony among northern Gaza rubble

Around The Globe - Thu, 01/30/2025 - 09:49
Israeli captive soldier Agam Berger has been handed over to the Red Cross in a ceremony among the rubble of Gaza.

Microsoft, Meta CEOs defend hefty AI spending after DeepSeek stuns tech world

Technology - Thu, 01/30/2025 - 09:26
Days after Chinese upstart DeepSeek revealed a breakthrough in cheap AI computing that shook the U.S. technology industry, the chief executives of Microsoft and Meta defended massive spending that they said was key to staying competitive in the new field. DeepSeek's quick progress has stirred doubts about the lead America has in AI with models that it claims can match or even outperform Western rivals at a fraction of the cost, but the U.S. executives said on Wednesday that building huge computer networks was necessary to serve growing corporate needs. "Investing 'very heavily' in capital expenditure and infrastructure is going to be a strategic advantage over time," Meta CEO Mark Zuckerberg said on a post-earnings call. Satya Nadella, CEO of Microsoft, said the spending was needed to overcome the capacity constraints that have hampered the technology giant's ability to capitalize on AI. "As AI becomes more efficient and accessible, we will see exponentially more demand," he said on a call with analysts. Microsoft has earmarked $80 billion for AI in its current fiscal year, while Meta has pledged as much as $65 billion towards the technology. That is a far cry from the roughly $6 million DeepSeek said it has spent to develop its AI model. U.S. tech executives and Wall Street analysts say that reflects the amount spent on computing power, rather than all development costs. Still, some investors seem to be losing patience with the hefty spending and lack of big payoffs. Shares of Microsoft — widely seen as a front runner in the AI race because of its tie to industry leader OpenAI - were down 5% in extended trading after the company said that growth in its Azure cloud business in the current quarter would fall short of estimates. "We really want to start to see a clear road map to what that monetization model looks like for all of the capital that's been invested," said Brian Mulberry, portfolio manager at Zacks Investment Management, which holds shares in Microsoft. Meta, meanwhile, sent mixed signals about how its bets on AI-powered tools were paying off, with a strong fourth quarter but a lackluster sales forecast for the current period. "With these huge expenses, they need to turn the spigot on in terms of revenue generated, but I think this week was a wake-up call for the U.S." said Futurum Group analyst Daniel Newman. "For AI right now, there's too much capital expenditure, not enough consumption." There are some signs though that executives are moving to change that. Microsoft CFO Amy Hood said the company's capital spending in the current quarter and the next would remain around the $22.6 billion level seen in the second quarter. "In fiscal 2026, we expect to continue to invest against strong demand signals. However, the growth rate will be lower than fiscal 2025 (which ends in June)," she said. 

Gulf of Mexico or Gulf of America? Google Maps and contentious geography

Around The Globe - Thu, 01/30/2025 - 09:21
Google Maps will change the name of Gulf of Mexico to Gulf of America when the US government officially makes the change

Israeli female soldier released in Gaza as part of ceasefire deal

Around The Globe - Thu, 01/30/2025 - 09:04
In return, Israel is due to release 110 Palestinians held in Israeli prisons later today.

Video shows moment US passenger plane collides with helicopter

Around The Globe - Thu, 01/30/2025 - 09:03
Video captured by a web camera shows the moment a US passenger plane collided with a military helicopter.

Rohingya refugees’ boat runs aground in Indonesia’s Aceh province

Around The Globe - Thu, 01/30/2025 - 08:46
Over 70 Rohingya refugees in Indonesia after fleeing Myanmar.

Chinese app shakes up AI race

Technology - Thu, 01/30/2025 - 07:55
A small Chinese company sent shockwaves around the tech world this week with news that it has created a high-performing artificial intelligence system with less computing power and at a lower cost than ones made by U.S. tech giants. Michelle Quinn reports.

Photos: American Airlines Plane, Black Hawk crash at Reagan Airport near DC

Around The Globe - Thu, 01/30/2025 - 07:50
The passenger plane was about to land at Reagan Washington National Airport after flying from Kansas.

Russia-Ukraine war: List of key events – day 1,071

Around The Globe - Thu, 01/30/2025 - 07:44
Here are the key developments on the 1,071st day of Russia’s full-scale invasion of Ukraine.

Afghan women cricketers reunite in first game after fleeing Taliban

Around The Globe - Thu, 01/30/2025 - 07:39
Refugee cricketers hope the charity match can help 'open doors for Afghan women in education and sport' in the future.

Israel to free 110 Palestinian prisoners in latest Gaza ceasefire exchange

Around The Globe - Thu, 01/30/2025 - 05:22
The 110 Palestinians due to be released from Israeli prisons today also include 30 children.

Plane and helicopter collide midair near Washington, DC, casualties feared

Around The Globe - Thu, 01/30/2025 - 04:02
Ronald Reagan national airport halts all takeoffs and landings following midair collision.

Pages