Cloud Computing Poses Risks
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FCA boss ‘not convinced’ private equity poses systemic risk
Nikhil Rathi warns against ‘overkill regulatory mode’ as Bank of England warns of bubbleFinancial Times - Business -
FCA boss ‘not convinced’ private equity poses systemic risk
Nikhil Rathi warns against ‘overkill regulatory mode’ as Bank of England warns of bubbleFinancial Times - Business -
FCA boss ‘not convinced’ private equity poses systemic risk
Nikhil Rathi warns against ‘overkill regulatory mode’ as Bank of England warns of bubbleFinancial Times - Business -
FCA boss ‘not convinced’ private equity poses systemic risk
Nikhil Rathi warns against ‘overkill regulatory mode’ as Bank of England warns of bubbleFinancial Times - Business -
FCA boss ‘not convinced’ private equity poses systemic risk
Nikhil Rathi warns against ‘overkill regulatory mode’ as Bank of England warns of bubbleFinancial Times - Business -
Tech Powerhouses Reap Gains From AI Cloud Computing Boom
You can't spell AI without Alphabet--or Amazon, or Microsoft, which are all making money off the need for cloud services as businesses adopt AI functions.Inc. - Business -
Amazon reports strong 1Q results driven by its cloud-computing unit and Prime Video ad dollars
Amazon has reported strong results for the first quarterABC News - Tech -
Amazon.com reported record first-quarter sales as the artificial-intelligence boom powered growth in its cloud-computing unit.
Amazon.com reported record first-quarter sales as the artificial-intelligence boom powered growth in its cloud-computing unit.The Wall Street Journal - World -
AI StartupCoreWeaveNearly Triples Valuation to $19 Billion in Five Months
Nvidia-backed company raises $1.1 billion from investors including Fidelity, Magnetar Capital.The Wall Street Journal - Tech - Artificial Intelligence -
CoreWeave, a cloud-computing startup backed by Nvidia and tailored for artificial intelligence, nearly tripled its valuation to $19 billion in a funding round.
CoreWeave, a cloud-computing startup backed by Nvidia and tailored for artificial intelligence, nearly tripled its valuation to $19 billion in a funding round.The Wall Street Journal - World -
China Has a Controversial Plan for Brain-Computer Interfaces
China's brain-computer interface technology is catching up to the US. But it envisions a very different use case: cognitive enhancement.Wired - Tech - China -
We risk a lost decade for the world’s poor
The elimination of extreme poverty is slipping from our graspFinancial Times - Business -
Why hundreds of U.S. banks may be at risk of failure
Of about 4,000 banks, 282 banks face threats from commercial real estate and higher interest rates, according to a study by Klaros Group.CNBC - Business -
Healthy hospital staff posed as ‘fake’ patients for Victorian minister’s visit, investigation confirms
Health minister Mary-Anne Thomas says 10 people who were not unwell were inside Colac area health’s urgent care clinic during her 2023 visit . Follow our Australia news live blog for latest updatesGet our morning and afternoon news emails, free ...The Guardian - World -
Google and Apple Built Tech Empires--Now the Antitrust Laws That Helped Them Pose a Threat
Any regulatory efforts to crack down on the tech giants would have strong similarities to the Justice Department's 1988 case against Microsoft.Inc. - Business - Google -
'Basel III' bank rules could pose unexpected threat to Biden's green energy plans
Renewable energy groups and congressional Democrats are raising alarms about potential harm to clean energy goals from a proposed banking regulation.CNBC - Business - Joe Biden -
From Risk to Resilience: Managing Data Security in AI-Driven Enterprises
Strategies to fortify defenses and prioritize data security in the age of artificial intelligence.Inc. - Business -
6 risks to consider before tapping into your home's equity
Borrowing from your home equity can be a smart option to consider, but there are some risks to be aware of, too.CBS News - Top stories -
Vaping tied to increased lead, uranium exposure risk: Research
Vaping by young people led to increased risk of lead and uranium exposure, according to a new study. The study, published Monday in the journal Tobacco Control, found that both people aged 13 to 17 who used e-cigarettes in timespans lasting six ...The Hill - Politics -
Biden administration plans to reclassify marijuana as lower-risk drug
Drug Enforcement Administration seeking to downgrade cannabis from top category to Schedule III, but still short of legalization. The US Drug Enforcement Administration will move to reclassify marijuana as a less dangerous drug, the Associated ...The Guardian - World - Joe Biden -
Greece boosts special firefighting units to cope with its growing heat risk
Under pressure to cope with the impact of rising temperatures, Greece's emergency response planners are shifting tactics this summerABC News - World -
New research shows how a surge of anger could raise heart attack risk
Is anger linked to heart attacks? New research finds that a bout of anger impairs blood vessel function which can raise the risk of atherosclerosis, which in turn raises heart disease risk.NBC News - Top stories -
Private Equity and Traditional Insurers Spar Over Risk Rules
Over the past decade, insurance has become a cash cow for PE firms. The standoff over illiquid securities has become ‘a proxy for private equity’s entrance into the sector,’ says one observer.The Wall Street Journal - World -
‘Big Bang’ EU countries risk losing competitive edge
Ten countries need new impetus after reaping early benefits of enlargement waveFinancial Times - Business - European Union -
‘Big Bang’ EU countries risk losing competitive edge
Ten countries need new impetus after reaping early benefits of enlargement waveFinancial Times - World - European Union -
Berkshire after Buffett: the risk ‘genius’ pulling the insurance strings
Ajit Jain, 72, leads the insurance arm that underpins the conglomerate but presents his own succession challengeFinancial Times - Business -
Banks face new risks as US tightens sanctions on Russia
Ukraine conflict shows no sign of abating — and financial institutions are being expected to implement the responseFinancial Times - World - Russia -
We are hiking our price target on Eaton as demand for AI computing power heats up
Results under the hood were a bit mixed, but the positives far outweighed the negatives.CNBC - Business -
Amazon cloud sales growth accelerates as group prepares for more AI spending
Ecommerce company’s operating income more than triples as Amazon Web Services and adverts provide a boostFinancial Times - Business -
Sui blockchain and Google Cloud team up to drive Web3 innovation
Sui, the Layer 1 blockchain and smart contract platform initiated by Mysten Labs, has announced a collaboration with Google Cloud.VentureBeat - Tech - Google -
Microsoft will invest $1.7 billion in AI and cloud infrastructure in Indonesia
Microsoft will invest $1.7 billion over the next four years in new cloud and artificial intelligence infrastructure in Indonesia — the single largest investment in Microsoft’s 29-year history in the countryABC News - Tech - Microsoft -
Amazon profit more than triples, topping Wall Street expectations
Amazon surpassed analyst expectations for revenue and earnings in the first quarter.CNBC - Business - Amazon -
Amazon cloud sales growth accelerates as group prepares for more AI spending
Ecommerce company’s operating income more than triples as Amazon Web Services and adverts provide a boostFinancial Times - Business -
Amazon cloud sales growth accelerates as group prepares for more AI spending
Ecommerce company’s operating income more than triples as Amazon Web Services and adverts provide a boostFinancial Times - Business -
WATCH: Mammatus clouds fill the sky as severe weather hits Kansas
The distinctive clouds are formed due to sinking cold air in unstable cumulonimbus clouds.ABC News - Top stories -
Nvidia-backed GPU cloud provider CoreWeave surges to $19 billion valuation
CoreWeave intends to set up more of its clouds full of graphics processing units in more places around the world as it goes up against Amazon and Google.CNBC - Business -
CoreWeave raises $1.1B to expand its GPU cloud infrastructure network
CoreWeave's new $1.1 billion investment will help bring its GPU cloud infrastructure to more places worldwide in support of AI development.VentureBeat - Tech -
Microsoft will invest $2.2 billion in cloud and AI services in Malaysia
Microsoft CEO Satya Nadella says the company will invest $2.2 billion over the next four years in new cloud and artificial intelligence infrastructure in MalaysiaABC News - World - Microsoft -
Microsoft will invest $2.2 billion in cloud and AI services in Malaysia
Microsoft CEO Satya Nadella says the company will invest $2.2 billion over the next four years in new cloud and artificial intelligence infrastructure in MalaysiaABC News - Tech - Microsoft -
My wife and I are 78. This is how we manage investment risk without panicking.
Many retirees take the wrong level of risk because they don’t understand it or they don’t want to think about itMarketWatch - Business