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OMN AI
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Donald Trump warned that doing business with China posed serious risks for the UK as Sir Keir Starmer arrived in Shanghai. The prime minister reached the city on the third day of his official China visit. Trump reacted to agreements aimed at boosting trade and investment between Britain and China. Officials announced those deals after Sir Keir met President Xi Jinping in Beijing. Trump made the comments while attending a documentary premiere about his wife, Melania, on Thursday. He described Xi as a friend and said he knew the Chinese president very well. Trump did not provide further details about…
Hong Kong’s government has sharply criticized a decision by Panama’s highest court to cancel a long-standing concession that allowed a subsidiary of CK Hutchison Holdings to operate ports at both ends of the Panama Canal, calling the move unjustified and damaging to business confidence. The ruling, issued late Thursday, declared the concession unconstitutional following an audit by Panama’s comptroller that cited irregularities in a 25-year extension approved in 2021. Hong Kong Pushes Back In a statement released Friday, Hong Kong’s government said it “strongly disapproves of and firmly rejects” the court’s decision. It warned against what it described as the…
Google DeepMind launched AlphaGenome, an AI tool that helps identify genetic drivers of disease.The system predicts how DNA mutations disrupt gene regulation across different cells and tissues.AlphaGenome can analyse up to one million DNA letters at once.Researchers trained it on large public human and mouse genetics databases.Scientists expect it to accelerate research into cancer, heart disease, and autoimmune disorders.Experts say the tool could guide new drug development and future gene therapies.
How banned goods slip through Europe Russia has been using a logistics hub in Berlin to sidestep EU sanctions, funneling restricted goods to Moscow through international mail that faces lighter scrutiny, according to an investigation by German newspaper Bild. Reporters tracked test parcels fitted with GPS devices containing sanctioned items. The packages passed through a logistics hall near Berlin Brandenburg Airport without interference, then travelled onward via Poland and Belarus before reaching Moscow. The shipments reportedly carried labels from Uzbekistan’s state postal service, despite the fact that Germany’s Federal Network Agency does not authorise that operator to work in the…
Rates Stay Put After Last Year’s Reductions The US Federal Reserve decided on Wednesday to leave interest rates unchanged, holding its key rate at around 3.6% after cutting it three times last year. The move signals caution from policymakers who see an economy that is still growing steadily and a job market showing signs of stability. In its statement, the Fed said economic growth remains “solid,” upgrading its assessment from last month, when it described growth as “modest.” With hiring holding up and no clear signs of economic slowdown, officials appear in no rush to push borrowing costs lower. Inflation…
Amazon revealed plans for fresh global job cuts after an internal email circulated in error.Workers at Amazon Web Services received a draft message referencing layoffs called “Project Dawn”.The email wrongly stated affected staff in the US, Canada, and Costa Rica had already been informed.Senior executive Colleen Aubrey signed the message, which stressed future organisational efficiency.Amazon cut 14,000 corporate roles in October and continues trimming pandemic-era hiring.Chief executive Andy Jassy has warned AI could replace some white-collar roles.The news followed job cut plans at United Parcel Service, a key Amazon delivery partner and rival.
Lawmakers Call for Clear Rules to Unlock Investment European lawmakers are urging the EU to take nuclear fusion seriously as a future energy source and to create a clear regulatory framework that can attract private investors. Members of the European People’s Party (EPP) made the case during a public hearing at the European Parliament, arguing that fusion energy has moved beyond pure research and now needs political backing to reach deployment. In a declaration signed by several EPP MEPs, lawmakers said fusion has reached a turning point, with European industry and private capital increasingly aligned. What’s missing, they argue, is…
Scientists have launched DinoTracker, an AI-powered app that identifies dinosaurs from fossilised footprints.The system analyses footprint shapes and matches expert classifications about 90% of the time.Researchers trained the AI using 2,000 unlabelled footprint silhouettes to avoid human bias.The study appeared in Proceedings of the National Academy of Sciences.The project involved scientists from University of Edinburgh and Helmholtz-Zentrum.Users can upload footprints, compare similar tracks, and test how shape changes affect results.The AI supports earlier findings that some ancient tracks look strikingly birdlike.Researchers say the tool strengthens analysis but does not replace expert judgment.
A landmark trial over alleged social media addiction begins Tuesday in California. Senior executives from major technology companies are expected to testify. The outcome could reshape legal responsibility for digital platforms. The plaintiff is a 19-year-old woman identified as KGM. She claims platform algorithms caused addiction and harmed her mental health. She says design choices encouraged compulsive use during her teenage years. The defendants include Meta, owner of Instagram and Facebook, TikTok owner ByteDance, and YouTube parent Google. Snapchat reached a settlement with the plaintiff last week. The remaining companies now face court. The trial will be held at Los…
The US Securities and Exchange Commission has dismissed its lawsuit against the Winklevoss twins’ crypto exchange after investors recovered all assets.Regulators cited the full repayment of Gemini Earn customers through the Genesis Global Capital bankruptcy process in mid-2024.The decision reflects a broader shift toward friendlier crypto regulation under President Donald Trump.Trump reversed stricter enforcement policies, pardoned Binance founder Changpeng Zhao, and promoted wider digital asset adoption.The SEC stressed the dismissal does not affect other ongoing enforcement actions.Gemini later debuted on Nasdaq and is now valued at $1.14bn, according to LSEG.