Alibaba Shares Soar as Company Unveils Nvidia Partnership and AI Expansion Plans Alibaba announced a major push into artificial intelligence on Wednesday, revealing a partnership with Nvidia, global data centre expansion, and its most powerful AI model to date. The announcement sent its Hong Kong-listed shares up nearly 10% to a four-year high, while its US-listed stock also gained almost 10% in premarket trading. AI Takes Centre Stage for Alibaba At its annual Apsara Conference, CEO Eddie Wu said the pace of AI development had surpassed expectations, creating huge demand for infrastructure. He pledged more investment without giving specific figures.…
Author: Arushi Pandey
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Iran and European Powers Agree to Continue Nuclear Talks Amid Sanctions Threat Iran and key European powers have agreed to continue diplomatic talks over Tehran’s nuclear programme in a last-minute attempt to prevent the reimposition of United Nations sanctions. The agreement was reached during a meeting held on the sidelines of the UN General Assembly in New York. Foreign ministers from France, Britain, and Germany—the so-called E3—met with Iran’s foreign minister, alongside the EU’s foreign policy chief. Iran’s foreign ministry later stated that the discussions included proposals aimed at keeping diplomatic efforts alive. “In light of the unjustified and illegal…
Tesla Gains Approval to Test Robotaxis in Arizona Tesla has received permission to test its autonomous robotaxis in Arizona, marking a significant step in the company’s efforts to expand its self-driving vehicle services. The Arizona Department of Transportation confirmed the approval via email on Friday. Trials to Begin in Phoenix Metro Area The company applied for the necessary permit in June, aiming to test a ride-sharing service that uses autonomous vehicles. According to state officials, the tests will be carried out in the Phoenix Metro area. These trials will include safety drivers who will monitor the vehicles during operation, ensuring…
Panasonic Targets Breakthrough Battery to Extend EV Range by 2027 Panasonic is developing a new high-capacity battery that could significantly extend the driving range of electric vehicles. The Japanese company, a key supplier to Tesla, aims to introduce the technology within two years, with a world-class capacity level expected by the end of 2027. The innovation centres on eliminating the anode during manufacturing. Instead, the battery will form a lithium metal anode after its first charge. By freeing up space inside the cell, Panasonic can add more active cathode materials such as nickel, cobalt, and aluminium, resulting in greater energy…
YouTube at 20: From Amateur Clips to AI-Powered Entertainment Giant Two decades after its launch, YouTube has transformed from a scrappy website of low-budget videos into a global entertainment powerhouse. Today, the platform commands 2.7 billion users, including celebrities such as British pop star Dua Lipa, who share polished, professional content. With its growing dominance, YouTube is now the most popular way Americans watch television. Industry analysts expect its revenue this year to surpass Disney’s, a company long considered the leader in media. AI at the Core of YouTube’s Future At its annual Made on YouTube event, the platform, owned…
Colgate-Palmolive will update its toothpaste packaging and marketing after Texas Attorney General Ken Paxton raised concerns about fluoride use in children. Beginning 1 November, the company will adjust how it depicts toothpaste on products under its Colgate, Tom’s of Maine, and Hello brands. Paxton said Colgate will now show “safe, age-appropriate amounts” of toothpaste for children under six. Packaging and promotional images will feature a pea-sized amount rather than the larger swirls often displayed. The change is intended to align with usage instructions already printed on labels. The new depictions will appear online first and roll out to store shelves…
US Court Rejects Lawsuit Against FAA Approval of SpaceX Expansion A US district court has dismissed a lawsuit from conservation groups that opposed expanded rocket launch operations by SpaceX in South Texas. The groups argued that the Federal Aviation Administration (FAA) failed to fully consider environmental risks when approving the company’s expansion in 2022. The concerns included noise, light pollution, construction, and road traffic in an area near a national wildlife refuge. This region is home to endangered species such as ocelots and jaguarundis, as well as nesting sites for Kemp’s Ridley sea turtles and threatened shorebirds. Judge Rules in…
Australia Calls for Low-Impact Age Checks in Teen Social Media Ban Australia is pushing social media companies to use “minimally invasive” methods to verify users’ ages, as the country prepares to enforce a groundbreaking ban on social media access for anyone under 16. The new law, set to take effect in December 2025, will make Australia the first nation to implement such a restriction. The eSafety Commissioner has released formal guidance urging platforms to avoid blanket age-verification processes. Instead, companies are encouraged to use existing data, artificial intelligence and behavioural signals to determine a user’s age. Social Media Firms Expected…
Vietnam Probes Cyberattack on National Credit Database Vietnam’s cybersecurity agency has launched an investigation after hackers attacked a large national database containing sensitive creditor information. The breach targeted the National Credit Information Center (CIC), a unit of the State Bank of Vietnam. The CIC holds critical data, including personal details, credit card records, payment histories, and risk analysis. Authorities confirmed that the attack showed signs of unauthorised access aimed at stealing personal data. However, the full impact of the incident is still under review. In a letter dated 11 September and sent to financial institutions, CIC said it was assessing…
Musk’s Starlink Restores Service After Brief Global Outage Elon Musk’s satellite internet provider, Starlink, has restored service after a brief outage early Monday disrupted connections for tens of thousands of users. According to outage-tracking site Downdetector.com, reports of issues peaked at more than 43,000 in the US before dropping below 1,000 by 1:15 a.m. ET (0515 GMT). Starlink acknowledged the disruption on its website, saying its team was investigating the problem. That message was later removed once services resumed. The company did not provide details on the cause of the outage. Ukraine Reports Service Impact on Battlefield The outage was…