Ukraine Plans Domestic AI Computing Capacity to Strengthen National Security Ukraine plans to build domestic computing capacity for artificial intelligence in partnership with Kyivstar, as the country seeks to strengthen critical infrastructure during the ongoing war. The company announced on Friday that it had signed a memorandum of understanding with the Economy Ministry during the Ukraine Recovery Conference in Gdansk. Meanwhile, parent company VEON will provide financial backing for the project’s first phase. Kyivstar Chief Executive Officer Oleksandr Komarov said the initial stage could require between three and five megawatts of computing capacity and investment worth tens of millions of…
Author: Aditya Lenka
Aditya Lenka
A multi-faceted professional with a diverse range of skills and experiences. He currently works as a Producer, Digital Marketer, and Journalist for several well-known media outlets, namely StratNewsGlobal, BharatShakti, and Interstellar. With a passion for storytelling and a keen eye for detail, Aditya has covered a wide range of topics and events across India, bringing a unique perspective to his work.When he's not busy producing content, Aditya enjoys exploring new places and cuisines, having traveled extensively throughout India. He's also an avid writer and poet, often penning his thoughts and musings in his free time. And when he wants to unwind and relax, Aditya spends time with his two loyal companions, Zorro and Pablo, his beloved dogs.Aditya's dynamic personality and varied interests make him a unique individual, always eager to learn and experience new things.
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SEBI Rejects Anil Ambani Settlement Plea Over Alleged Fund Diversion India’s capital markets regulator has rejected settlement applications filed by industrialist Anil Ambani and his corporate group over allegations involving the alleged misuse of company funds worth nearly $700 million. The decision marks another regulatory setback for the businessman as investigations into his business empire continue. SEBI Rejects Settlement Applications The Securities and Exchange Board of India (SEBI) last week rejected settlement requests submitted by Anil Ambani and Reliance Infrastructure over allegations that 65.26 billion rupees (approximately $691 million) of company funds were improperly routed to entities linked to the…
Tata Electronics Tightens Security After Alleged Dark Web Data Leak Tata Electronics has tightened internal access to sensitive systems after an alleged leak of confidential client files surfaced on the dark web, prompting a forensic investigation and heightened scrutiny of one of Apple’s most important suppliers in India. The company has also informed the Indian government and affected clients while working to determine the scope of the cybersecurity incident. Tata Restricts Access to Sensitive Systems Tata Electronics has restricted employee access to critical internal systems following the suspected data breach, according to a company source and industry officials familiar with…
South Korea Expands Drone Programme With 500,000 ‘Drone Warriors’ to Counter North Korea South Korea has unveiled an ambitious plan to rapidly expand its drone and counter-drone capabilities, aiming to strengthen its military readiness against North Korea while adapting to the changing nature of modern warfare. The Defence Ministry announced that it will train 500,000 “drone warriors” and distribute tens of thousands of unmanned systems to frontline units over the coming years. The initiative also includes plans to manufacture 110,000 drones by 2029 for deployment across the army, navy, air force and marine corps. The government intends to make drones…
Australia Moves to Strengthen Social Media Ban for Under-16s Despite Limited Early Impact Australia’s government plans to reinforce its landmark social media ban for children, even as early research suggests the measure has had only a limited effect on teenage online activity. Prime Minister Anthony Albanese said the government remains committed to ensuring the legislation is as robust as possible before it faces potential legal challenges. The law, which has now been in force for six months, prevents major social media platforms, including Instagram and YouTube, from allowing children under the age of 16 to create accounts. The government intends…
Thailand Issues Arrest Warrant for Chinese Businessman Over Alleged Crypto Fraud Network Thailand has issued an arrest warrant for a Chinese businessman who featured in a Reuters investigation into transnational cryptocurrency investment fraud. Authorities allege he played a central role in a network that laundered money from online scams and illegal gambling through unlawful cryptocurrency mining operations. The businessman, Wang Yicheng, was previously highlighted in a 2023 Reuters investigation. That report detailed how an account in his name received millions of dollars from a cryptocurrency wallet that a United States blockchain analysis firm linked to scam operations. At the same…
Anthropic Accuses Alibaba of Large-Scale AI Model Distillation Campaign U.S. artificial intelligence company Anthropic has accused Chinese technology and e-commerce giant Alibaba of carrying out what it described as the largest known attempt to extract the capabilities of its Claude AI model through illicit means. According to a letter seen by Reuters, Anthropic alleged that the campaign relied on a technique known as “distillation”. The company has previously described distillation as a process in which a less capable AI model learns from the outputs of a more advanced model. Anthropic said the activity took place between April 22 and June…
GTA 6 Pre-Orders Go Live in India: Price, Editions, Bonuses, and Launch Details The countdown to one of gaming’s biggest releases has entered its final phase. Rockstar Games has officially opened pre-orders for Grand Theft Auto VI (GTA 6) worldwide, including in India, allowing PlayStation 5 and Xbox Series S/X players to reserve their copies ahead of the game’s November launch. Indian gamers can now pre-order GTA 6 through the PlayStation Store, Xbox Store, and selected physical retailers. The game is scheduled to launch globally on November 19, 2026, with pre-orders opening on June 25. GTA 6 India Price and…
SpaceX Loses $600 Billion In Market Value As Tech Stocks Slide SpaceX loses $600 billion in market value as selling pressure intensifies across major technology stocks, highlighting a sharp reversal in momentum after the company’s strong post-listing rally. The decline came as investors pulled back from high-growth technology names, weighing on broader market sentiment and pushing leading indices lower. The Nasdaq 100 index was on track to wipe out more than $1 trillion in market value on Tuesday, 23 June. Technology heavyweights and semiconductor stocks led the decline, placing significant pressure on the benchmark index. Nasdaq 100 Faces Broad-Based Selling…
Flipkart Expands Quick Commerce Network Ahead Of India Growth Push Walmart-owned Flipkart is accelerating the expansion of its quick commerce business in India, aiming to add 500 more neighbourhood warehouses as it seeks to strengthen its position in the country’s rapidly growing $11 billion sector. The move comes as Flipkart prepares for a future stock market listing in Mumbai, although the company has not announced a timeline for the offering. As competition intensifies in India’s fast-delivery market, Flipkart is focusing heavily on expanding its reach beyond major metropolitan centres. Rapid Expansion In Fast-Growing Market Flipkart entered the quick commerce segment…