All posts tagged: Bloomberg

Indian journalists honoured for exposing global rise in digital fraud

Indian journalists honoured for exposing global rise in digital fraud

Published by Webster

Indian journalists Anand RK and Suparna Sharma have won the prestigious Pulitzer Prize for their work highlighting digital surveillance and cyber fraud. Anand and Sharma won the award, announced on Monday, in the Illustrated Reporting and Commentary category. They share the award with Natalie Obiko Pearson of Bloomberg. Disclaimer: We do not own any of the content, ideas, images, or text presented here. All rights belong to their respective owners. For more information and to view the original source, please visit the following link: Source link

What is ‘Miss Piggy’? Trump’s old remark surfaces after barb at Bloomberg reporter

What is ‘Miss Piggy’? Trump’s old remark surfaces after barb at Bloomberg reporter

Published by Parlour News

President Donald Trump sparked a row saying ‘quiet piggy’ to Bloomberg’s White House correspondent Catherine Lucy, aboard the Air Force One, when she asked him about the Epstein files. Now, an old remark of Trump’s has now resurfaced, where he called another woman ‘Miss Piggy’. U.S. President Donald Trump told a Bloomberg reporter ‘quiet piggy’ sparking a row. (REUTERS) Meanwhile, the current backlash has only grown with New Mexico Congresswoman Melanie Stansbury joining in as well. On X, the lawmaker wrote “As a part of the Miss Piggy generation, I just want to leave this right here.” What is ‘Miss Piggy’ and whom did Trump say this to? Alicia Machado, who gained fame in 1996 for being crowned Miss Universe at the age of 19, had claimed that Trump called her ‘Miss Piggy’. The Venezuelan-born model claimed that these remarks came as she’d put on some weight after her win, BBC reported. Machado also claimed that Trump had threatened to take her crown after she gained weight. “He was overwhelming. I was very scared of …

Ex-Minister Suresh Prabhu Only Indian On Bloomberg New Economy Advisory Board

Ex-Minister Suresh Prabhu Only Indian On Bloomberg New Economy Advisory Board

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Former Union Minister Suresh Prabhu has been appointed to the Bloomberg New Economy advisory board, making him the only Indian on the list, which includes the former President of Indonesia, First Deputy Managing Director of the IMF, Gita Gopinath and several industry leaders. Suresh Prabhu is a six-time Member of Parliament who held several portfolios during the Vajpayee government and Prime Minister Modi’s first two terms.  He held several cabinet portfolios like Industry, Power, Environment & Forest, Railways, Civil Aviation, Commerce & Industry, and Fertilizers & Chemicals. Additionally, he has served as the Prime Minister’s Sherpa to the G7 and G20, playing a crucial role in shaping the official agenda of the Government of India on critical issues for the G7 and G20 Summits. Mr Prabhu is a renowned Chartered Accountant and currently the Chancellor of Rishihood University in Sonipat, Haryana. He is also a visiting Professor at the London School of Economics. The Bloomberg New Economy is a platform for dialogue and debate about the future of the global economy. A new advisory board …

Price, Width, Battery Life of Apple’s Thinnest Ever Smartphone

Price, Width, Battery Life of Apple’s Thinnest Ever Smartphone

Published by Webster

Image: Christoph Dernbach/dpa/Corbis The iPhone 17 Air will be Apple’s thinnest ever smartphone. The device will be two millimetres thinner than the iPhone 16 Pro, putting its width at 6.25 mm, according to Apple insider Mark Gurman. Back in August, Gurman said the first iPhone Air model would be released with the iPhone 17 lineup. Apple’s Air products are typically lighter, more affordable, and less powerful than their standard counterparts, and the iPhone Air is rumoured to replace the Plus model. Must-read Apple coverage iPhone 17 Air’s price, battery life, and charging In Gurman’s latest “Power On” newsletter for Bloomberg, he made a number of other claims about the iPhone 17 Air, including that it will be priced at “roughly $900.” This is the same price as the iPhone 16 Plus, reinforcing again how the Air will act as a replacement in the next iPhone generation. Furthermore, the iPhone 17 Air will offer a battery life that is “on par with current iPhones” despite the battery pack being notably smaller. This achievement apparently took a …

Apple Watch Series 10 to Arrive With Larger Display, Support for Sleep Apnea Detection: Bloomberg

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Apple Watch Series 10 — or Watch X — is expected to be unveiled at the company’s next launch event, ten years after the first model was introduced. The Cupertino company is expected to refresh the standard version of its smartwatch, as well as the affordable Apple Watch SE and high-end Watch Ultra models. This year, only the 10th generation model could arrive with some design changes, according to Bloomberg’s Mark Gurman. Apple is also expected to introduce a new health tracking feature with its upcoming smartwatch models. Apple Watch Series 10 to Get Sleep Apnea Detection Feature A Bloomberg report states that Apple will add support for sleep apnea detection with the upcoming Apple Watch Series 10 model that is expected to be unveiled at its September 9 launch event. Sleep disorders such as sleep apnea are typically diagnosed at a sleep disorder centre, and usually involves overnight monitoring (nocturnal polysomnography) or a simpler home sleep test, based on the type of sleep apnea — obstructive sleep apnea (OSA) or central sleep apnea (CSA) — that …

Generative AI Projects Fail Amid High Costs and Risks

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Despite the promise of artificial intelligence transforming industries, rising costs and mounting risks are causing many AI projects to falter, as highlighted by several recent reports. At least 30% of generative AI projects will be abandoned after the proof-of-concept stage by the end of 2025, according to a new Gartner report. Companies are “struggling to prove and realise value” in their endeavours, which are costing from $5 million to $20 million in upfront investments. A separate report from Deloitte provided a similar result. Of the 2,770 companies surveyed, 70% said they have only moved 30% or fewer of their GenAI experiments into the production stage. Lack of preparation and data-related issues attributed to this low success rate. The overall outlook for AI projects is not rosy. Research from the think tank RAND found that despite private-sector investments in AI increasing 18-fold from 2013 to 2022, over 80% of AI projects fail — twice the rate of failure in corporate IT projects that don’t involve AI. The disparity in financial backing and completion is a likely …

The Nvidia AI antitrust investigation is ‘escalating,’ reports Bloomberg

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An antitrust investigation by the Department of Justice focusing on Nvidia’s AI dominance as the hardware company of choice is escalating, reports Bloomberg. The outlet reports that Nvidia and other companies have received legally binding requests for information as its sources say regulators are investigating whether Nvidia is “making it harder to switch to other suppliers and penalizes buyers that don’t exclusively use its artificial intelligence chips.” Earlier this summer, Nvidia had overtaken Microsoft as the world’s most valuable company, but now it trails both Microsoft and Apple. Before the subpoenas were reported on Tuesday afternoon, its share price dropped more than 9 percent, wiping out about $279 billion in market value in one day. But as Bloomberg notes, Nvidia’s stock is still up more than double this year as the AI boom has fueled sales of the company’s pricey chips, even after a report by The Information a few weeks ago saying that its upcoming Blackwell series of AI chips may be delayed “by three months or more due to design flaws.” Source link

Bharat Biotech Co-Founder Dr Krishna Ella Honoured By Johns Hopkins Bloomberg School of Public Health

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Dean’s medal is Johns Hopkins Bloomberg School’s highest honour. New Delhi: Dr Krishna Ella, co-founder and Executive Chairman of Bharat Biotech, has been awarded the prestigious Dean’s medal by the Johns Hopkins Bloomberg School of Public Health, the Hyderabad-based pharma company said on Friday. The award was presented to him by Dean Ellen J MacKenzie during the Bloomberg School’s Convocation Ceremony held on May 22 in Baltimore, Maryland. Dr Ella received the award for his exceptional leadership, enduring vision and contribution to improving public health, the firm said in a statement. “John Hopkins Bloomberg School of Public Health acknowledges Dr Ella’s pioneering work, remarkable influence, and determination to develop an indigenous, innovative, and safe vaccine focused on global public health,” the statement said. This is the school’s highest honour, reserved for outstanding public health researchers and practitioners who demonstrate exceptional leadership in safeguarding and improving public health. “I acknowledge this medal as a global recognition of India’s scientific excellence and dedicate this medal to Bharat, which has shown remarkable success by advancing science and research …

Pre-Trial Injunction Against Media Platforms Should Be Exceptional: Supreme Court

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The trial judge needed to have analysed why such an ex parte injunction was essential, top court said. New Delhi: Courts should not grant ex-parte injunctions against publication of a news article barring in exceptional cases as it may have severe ramifications for the right to freedom of speech of the author and the public’s right to know, the Supreme Court has said. Setting aside a trial court’s order directing international media group Bloomberg to take down an allegedly defamatory news article against Zee Entertainment, the top court said injunctions against the publication of material should be granted only after a full fledged trial. “The grant of a pre-trial injunction against the publication of an article may have severe ramifications on the right to freedom of speech of the author and the public’s right to know,” a three-judge bench headed by Chief Justice D Y Chandrachud said. The bench, also comprising Justices Justices J B Pardiwala and Manoj Misra, said an injunction, particularly ex-parte, should not be granted without establishing that the content sought to …

SK Hynix Investing $1 Billion to Widen Lead in AI Memory Chips

Published by Parlour News

(Bloomberg) — SK Hynix Inc. is ramping up its spending on advanced chip packaging, in hopes of capturing more of the burgeoning demand for a crucial component in artificial intelligence development: high-bandwidth memory. HT Image The Icheon-based firm is investing more than $1 billion in South Korea to expand and improve the final steps of its chip manufacture, said Lee Kang-Wook, a former Samsung Electronics Co. engineer who now heads up packaging development at SK Hynix. Innovation with that process is at the heart of HBM’s advantage as the most sought-after AI memory, and further advances will be key to reducing power consumption, driving performance and cementing the company’s lead in the HBM market. Hindustan Times – your fastest source for breaking news! Read now. Lee specializes in advanced ways of combining and connecting semiconductors, which has grown in importance with the advent of modern AI and its digestion of vast troves of data via parallel processing chains. While SK Hynix has not disclosed its capital expenditure budget for this year, the average analyst estimate …