nvidia-posts-record-profit-of-$58.3bn-amid-ai-chip-boom

Chip giant announces $80bn stock buyback scheme and dividend hike in boon to shareholders., Chip giant announces $80bn stock buyback scheme and dividend hike in boon to shareholders. Nvidia has announced record quarterly profit and revenue amid explosive demand for its advanced AI chips. The US tech behemoth said on Wednesday that profit soared to $58.3bn for the February-April period, up 37 percent fromContinue Reading

russo-ukrainian-war,-day-1547:-russia-escalates-baltic-threats-as-experts-warn-of-manufactured-pretext-for-aggression

Exclusives Russia’s air-to-air Shaheds probably can’t hit F-16s—but the slow planes are exposed. Lag in Russia’s command network protects fast jets. Helicopters less so Russia threatens Latvia with “just retribution.” Von der Leyen calls it “absolutely unacceptable”. Latvia’s government already resigned last week over its handling of the incursions. USContinue Reading

Are additional song rights investments in the near-term cards for Shamrock? Possibly, as the firm has officially closed its Content Fund IV with $813 million worth of capital commitments. Shamrock Capital formally announced that oversubscribed fourth fund’s final closing today. All told, the LA-based entity’s 11-year-old “Content Strategy” is said to have north of $3.3Continue Reading

Appalachian Region Could Hold Key to U.S. Battery Supply Chain Independence

The United States Geological Survey has made a potentially game-changing discovery in the Appalachian region. New research suggests that the ancient mountain range may be home to over 3srcsrc years’ worth of lithium resources, presenting a potentially critical opportunity for the United States to wean itself off of international lithium deposits and build up domesticContinue Reading

indonesians-sue-government-over-deadly-sumatra-flood-response

Survivors of Indonesia’s deadly Sumatra floods are suing the government over inadequate disaster recovery, NewsFeed Survivors of Indonesia’s deadly Sumatra floods are suing the government over what they say was an inadequate disaster response. As Al Jazeera’s Jessica Washington reports, they’re seeking a court order to declare the floods aContinue Reading