Australia

OpenAI announced that it closed an agreement to raise US$122 billion from investors

OpenAI announced that it closed an agreement to raise US$122 billion from investors

OpenAI closed a deal to raise US$122 billion from investors at a valuation of US$852 billion, marking by far the largest financing round in its history and reinforcing its expensive bet on more chips, data centers and talent. Most of the financing, which had been negotiated for months, came from three large technology companies. Amazon.com ...

OPEC oil production sinks in March due to war-related shipping cuts

OPEC oil production sinks in March due to war-related shipping cuts

The OPEC oil production plummeted in March to its lowest level since the height of the Covid-19 pandemic in June 2020, a Reuters poll showed, as the US-Israeli war against Iran led to the effective closure of the Strait of Hormuz and forced export cuts. The Crude oil production by members of the Organization of ...

Real estate crisis in China led people to use empty lots as cemeteries

Real estate crisis in China led people to use empty lots as cemeteries

While The real estate market in China is beginning to show some signs of stabilization after the crisis, thousands of families have resorted to a practice unusual that has caused government intervention: keep the ashes of their deceased in empty apartments. The construction and housing sector has come to account for nearly a quarter of ...

Meta and TikTok are accused of possible violations of the Australian ban

Meta and TikTok are accused of possible violations of the Australian ban

Australia’s online safety regulator is investigating Meta Platforms Inc., Snap Inc., TikTok and YouTube for possible breaches of the country’s under-16 social media ban, in the first formal evaluation of the response of large technology companies to this unprecedented measure worldwide. In its first compliance report, released Tuesday, eSafety expressed deep concern about platforms’ compliance ...

Israeli police prevent a Catholic cardinal from accessing the Holy Sepulcher in Jerusalem

Israeli police prevent a Catholic cardinal from accessing the Holy Sepulcher in Jerusalem

Israeli police prevented the Latin Patriarch of Jerusalem from celebrating Palm Sunday in the Church of the Holy Sepulcher “for the first time in centuries“, reported the Patriarchate, while the police alleged security reasons related to the war with Iran. Cardinal Pierbattista Pizzaballa and Friar Francesco Ielpo were approached by police while on their way ...

Jerome Powell highlights stable inflation expectations and uncertain outlook

Jerome Powell highlights stable inflation expectations and uncertain outlook

Federal Reserve Chairman Jerome Powell said on Monday that Long-term inflation expectations appear to remain stable despite the current energy crisis, and the central bank does not yet need to make a decision on how to react to the latest problems. “Inflation expectations appear to be well anchored beyond the short term”said Powell at Harvard ...

Finland investigates the fall of two unidentified drones in its southern area after an alert

Finland investigates the fall of two unidentified drones in its southern area after an alert

The Government of Finlandthrough its Defense portfolio, reported in the last few hours the impact of two unmanned aerial vehicles of unknown origin in the southern area of ​​its territory, specifically in the vicinity of the town of Kouvola. Given this alert situation, Minister Antti Hakkanen issued an official statement to confirm the immediate deployment ...

Four out of ten young people between 18 and 24 years old see news through social networks

Four out of ten young people between 18 and 24 years old see news through social networks

The constant evolution of technology and devices, which bring with them new ways of communicating and interacting with the world as well It has effects on the way people stay informed. A study carried out by the Reuters Institute and the University of Oxford highlighted that younger generations changed the way they watch news between ...