SK Hynix and Samsung surged as OpenAI tapped them to supply high-bandwidth memory for its $500bn Stargate project.SK Hynix shares jumped roughly 10%, while Samsung Electronics climbed over 3% in Seoul trading.The two firms together control more than half of global memory production, shaping pricing, capacity, and technological direction. Samsung dominates DRAM and NAND flash markets, powering data centers, computers, and smartphones worldwide.SK Hynix ranks second in DRAM and leads in high-bandwidth memory, critical for Nvidia’s AI processors.The Stargate project promises unprecedented capital spending across the AI supply chain, boosting both firms’ market influence. High-Bandwidth Memory Drives Global AI Expansion…
Author: Rachel Maddow
Rachel Maddow
Rachel Maddow is a freelance journalist based in the USA, with over 20 years of experience covering Politics, World Affairs, Business, Health, Technology, Finance, Lifestyle, and Culture. She earned her degree in Political Science and Journalism from Stanford University. Throughout her career, she has contributed to outlets such as MSNBC, The New York Times, and The Washington Post. Known for her thorough reporting and compelling storytelling, Rachel delivers accurate and timely news that keeps readers informed on both national and global developments.
Eurozone annual inflation climbed to 2.2% in September, the highest in five months, Eurostat reported.Core inflation remained stable at 2.3%, showing persistent underlying price pressures despite headline increases.Services drove inflation higher with a 3.2% annual rise, while food, alcohol, and tobacco grew 3.0%. Energy prices fell 0.4%, a slower decline than August, and non-energy industrial goods held at 0.8%.Estonia recorded the highest inflation at 5.2%, while Cyprus saw no annual change and France rose 1.1%.Italy and Portugal posted notable monthly gains of 1.3% and 1.0%, highlighting localized price acceleration. ECB Maintains Rates Amid Inflation Data The ECB kept its deposit…
Zhimin Qian, 47, tricked more than 128,000 people in China and tried to hide stolen cryptocurrency through UK property.UK courts convicted Qian for a central role in Bitcoin fraud linked to a £5.5 billion cryptocurrency seizure.Also known as Yadi Zhang, Qian admitted at Southwark Crown Court to illegally acquiring and possessing Bitcoin. Seven Years of Investigation Police reported that investigators spent seven years tracing Qian’s international money laundering activities.Between 2014 and 2017, she ran a large-scale fraud in China, converting victims’ money into Bitcoin assets.She escaped China using false documents and entered the UK, then tried to launder her illegal…
Researchers tested VER-01, an experimental cannabis extract, on adults with persistent lower back pain. Patients reported notable reductions in pain scores over several months. Unlike smoking cannabis, VER-01 delivers controlled doses that minimize addiction and severe side effects. Chronic lower back pain affects over 619 million people worldwide and remains the leading cause of disability. Existing treatments, including opioids and NSAIDs like ibuprofen, either risk addiction or cause long-term health problems. Patients often lack effective and safe alternatives, creating urgent demand for new therapies. Clinical Trial Shows Significant Relief The study enrolled 820 adults whose pain did not respond to…
Germany plans to build Europe’s strongest conventional army, Chancellor Friedrich Merz announced in May. The government must expand troop numbers through new military service while rapidly modernizing equipment. Politico reported Berlin plans €83 billion in procurement, with most orders going to European manufacturers. Officials will execute 154 major defense projects between September 2025 and December 2026. Only eight percent of purchases will come from the United States. Sipri data shows European arms imports from the US tripled between 2020 and 2024. Germany’s imports jumped 334 percent, with 70 percent sourced from the US. Berlin now emphasizes “Buy European” to reduce…
Around 50,000 people marched through Berlin on Saturday, showing solidarity with Palestinians in Gaza. Protesters chanted “free, free Palestine” and called for an immediate end to the Israel-Hamas conflict. Authorities deployed 1,800 police officers to monitor the downtown demonstration from Alexanderplatz to the Victory Column. Demonstrators urged Germany to stop sending arms to Israel and pushed for EU sanctions against Israel’s military. Fifty organisations, including Amnesty International and Die Linke, coordinated the pro-Palestinian rally, though police broke up some protests for anti-Israel slogans. Counter-Demonstrations and Clashes About 100 people rallied in support of Israel, denouncing antisemitism, German broadcaster RBB reported.…
Interpol, the global policing network with 196 member countries, coordinated a large-scale cybercrime operation in Africa.Authorities arrested 260 suspects linked to online romance fraud, sextortion, and extortion schemes during July and August.Investigators identified perpetrators who created fake online relationships to trick victims into sending money or sharing compromising images.The scams affected over 1,400 individuals, who collectively lost nearly $2.8 million (€2.4 million), according to Interpol.Cyril Gout, acting executive director of police services at Interpol, noted that African cybercrime units reported sharp increases in digital-enabled scams. Criminals Exploit Technology to Defraud and Blackmail Interpol revealed that perpetrators used social media, dating…
Aid groups recovered five decomposed bodies of suspected migrants in eastern Libya, 550 kilometers south of Tobruk.Rescue crews worked with local authorities to secure the remains and transported them to Tobruk.Abreen, a Libyan aid group, reported the victims were likely Sudanese and shared photos of the recovery operation. Migrants Face Extreme Risks Libya borders six countries and runs along the Mediterranean, making it a key route to Europe.Migrants fleeing war and poverty travel overland or by sea, facing deadly conditions.In December, 61 migrants drowned off Zuwara, including women and children.In May, seven Sudanese migrants died after a desert vehicle broke…
A drone fired from Yemen struck Eilat Wednesday, wounding at least 22 people, local medics reported.The Israeli military confirmed air defences failed to intercept the drone before it hit the Red Sea city.Emergency services said two people suffered serious injuries, while the rest received minor wounds. Authorities Secure Site and Warn Public Police deployed bomb disposal teams to inspect the drone debris.Officials instructed residents to avoid the crash site and not touch any potential explosives.The military urged the public to follow Home Front Command safety guidelines posted on Telegram. Houthis Escalate Attacks, Israel and U.S. Respond Iran-backed Houthi rebels regularly…
President Trump told the UN that migration flows and energy policies threaten Europe’s identity.He called uncontrolled immigration a “double-tailed monster” and said nations will crumble if unchecked.Trump criticized leaders for prioritizing politeness over national security and urged immediate border closures.He accused the UN of enabling mass entries into the U.S. and financing illegal migration. Diplomatic Wins Claimed in Months Trump claimed he resolved seven historic conflicts in just seven months.He named disputes in the Middle East, Africa, and South Asia where he brokered peace.Trump said he acted alone while the UN failed to assist in negotiations.He suggested these accomplishments merited…