Austria’s Supreme Court has ruled that loot boxes in the FIFA video game series do not constitute gambling under national law, holding that the mechanics require a degree of player skill and therefore fall outside the legal definition of games of chance. The judgment by the Oberster Gerichtshof, Austria’s highest civil court, addresses a long-running dispute over FIFA’s Ultimate Team mode, where players can acquire virtual packs […]
Bitcoin could reach $6.5 million within two decades, according to Matt Hougan, the chief investment officer at Bitwise, who argues that the asset’s structural supply limits and expanding institutional demand outweigh cyclical volatility. Hougan’s outlook lands after a punishing year for digital assets in 2025, when tighter financial conditions, regulatory uncertainty and a cooling risk appetite weighed on prices. He expects a period of sideways trading to […]
OpenAI has introduced an internal data agent known as Kepler, designed to let employees interrogate one of the largest private data estates in the technology sector through natural-language queries. The system, powered by a GPT-5.2 class model, is built to handle more than 600 petabytes of internal information, a scale that reflects both the company’s rapid growth and the expanding complexity of training, safety, product telemetry and […]
OPEC+ is expected to keep its pause on planned oil output increases for March when key ministers meet on Sunday, according to people familiar with the discussions, as crude prices move above the $70-a-barrel mark amid heightened geopolitical risk in the Middle East. Brent crude has climbed to nearly $72 a barrel, the highest level since August, reversing earlier expectations that ample supply would weigh on prices […]
Arabian Post Staff -Dubai Dubai-based luxury property developer Damac Real Estate Development Limited has returned to the debt capital markets with a $600 million Islamic bond that drew strong investor demand, signalling sustained appetite for Gulf real estate credit despite higher-for-longer global interest rates. The 3.5-year benchmark sukuk attracted an orderbook topping $1.7 billion, excluding interest from joint lead managers, allowing pricing to tighten materially from initial […]
Matein Khalid Something is dangerously wrong in a world where the price of gold rises 30% and silver surges a surreal 65% in a single month, as we witnessed in January 2026. True, an American carrier strike force with a full complement of 80 F-18 Hornet war planes and missile destroyers laden with Tomahawk cruise missiles has sailed from the South China Sea into the Gulf. Once […]
Sony is keeping the PlayStation 6 firmly out of public view even as speculation over its arrival intensifies, with industry signals suggesting the company is prioritising longevity and performance gains for the PlayStation 5 rather than rushing a generational shift. Market expectations have clustered around a PS6 launch window between 2027 and 2029, but Sony’s current strategy points to a longer runway for the PS5, underpinned by […]
By T N Ashok WASHINGTON: In the corridors of power, where messaging is currency and optics are everything, President Donald Trump faces a political paradox that threatens to undermine his party’s prospects in November’s midterm elections: his administration’s economic achievements are being systematically overshadowed by images of masked federal agents confronting protesters in Minneapolis. The […]
The article Trumps Economic Policies Drowned Out By The Drumbeat Of Minneapolis Outrage appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).
A materials engineering breakthrough that allows perforated aluminium structures to float indefinitely is prompting fresh thinking about ship safety, offshore platforms and ocean-energy systems, with researchers demonstrating that ordinary metal can be made effectively unsinkable by altering its surface at the microscopic level. The advance centres on aluminium tubes whose surfaces are engineered to repel water so strongly that air becomes permanently trapped inside them. Even when […]
Donald Trump has chosen former Federal Reserve governor Kevin Warsh to succeed Jerome Powell as chair of the US central bank when Powell’s term concludes in May, signalling a sharp shift in tone at the Fed and reviving a long-running debate over the institution’s independence and policy direction. The selection places a frequent critic of the Fed’s crisis-era interventions at the helm of the world’s most influential […]
Pentagon negotiations with Anthropic have stalled amid a dispute over restrictions the company has embedded to prevent autonomous targeting and domestic surveillance, throwing uncertainty over a proposed defence AI contract valued at about $200 million and sharpening fault lines in Washington’s approach to military automation. Senior defence officials have pressed Anthropic to relax safeguards that block its models from selecting or engaging targets without human authorisation and […]
Nvidia has issued urgent security updates for its GPU display drivers after identifying multiple high-severity flaws that could allow attackers to execute arbitrary code and gain elevated privileges across a wide range of systems. The vulnerabilities, disclosed in a security bulletin dated January 27, affect drivers used on Windows, Linux and virtualised environments, underscoring the broad exposure created by modern GPU deployments in consumer, enterprise and cloud […]
OpenAI is exploring the creation of a social media platform designed to sharply limit automated accounts, a move that would place the artificial intelligence firm in direct competition with X while signalling a broader push to shape how online discourse functions in an age increasingly defined by generative systems. People familiar with the matter say the idea has moved beyond casual internal discussion, with early-stage work examining […]
Ethereum slid sharply after losing key technical support near the $2,700 mark, triggering renewed anxiety about a deeper correction across digital asset markets and amplifying a risk-off tone that has weighed on crypto trading through January. The move extended a prolonged pullback for the world’s second-largest cryptocurrency, which has erased a significant portion of gains accumulated during the final quarter of last year and underperformed several large-cap […]
A warning from a long-standing crypto fund manager has reignited debate over Bitcoin’s long-term viability, with claims that the world’s largest cryptocurrency could face a structural security breakdown within the next seven to eleven years unless its economic model changes. Justin Bons, founder and chief investment officer of Cyber Capital, has argued that Bitcoin’s reliance on declining block subsidies will eventually undermine the incentives that secure its […]
President Donald Trump is close to nominating Kevin Warsh as the next Federal Reserve chair, and markets have already delivered a verdict. Stocks and bonds dipped while the dollar strengthened as investors priced in a chair perceived as less inclined toward deep interest-rate cuts. This reaction matters. A Fed chair perceived as less willing to ease policy, tightens financial conditions before a single decision is made. As […]
atNorth has unveiled plans to build a new high-density data centre in Stockholm, strengthening its Nordic presence as cloud providers, enterprises and artificial intelligence developers push demand for low-carbon digital infrastructure across Europe. The Iceland-based operator said the Stockholm facility would be designed to support compute-intensive workloads, including high-performance computing and AI training, with a focus on energy efficiency and heat reuse. The project adds to atNorth’s […]
SpaceX is weighing internal consolidation across Elon Musk’s corporate universe as it prepares for what investors describe as one of the largest public listings ever attempted, with discussions touching on potential combinations involving Tesla or the artificial intelligence venture xAI, according to people familiar with the matter. The deliberations, still exploratory, reflect a broader strategy to position SpaceX as the backbone of a vertically integrated space, energy […]
Abu Dhabi has begun consolidating its $263 billion wealth fund ADQ under the umbrella of a newly established sovereign entity, L’imad Holding Co., marking one of the most significant restructurings of the emirate’s investment architecture in years. The move adds another heavyweight to a capital ecosystem already dominated by state-backed investors controlling assets estimated at close to $2 trillion, underscoring the emirate’s push to sharpen coordination […]
Bitcoin slid during Asian trading on Friday as speculation over the future leadership of the United States central bank unsettled risk appetite across global markets, adding to a cautious tone already shaped by shifting expectations for interest rates and liquidity. The world’s largest cryptocurrency fell below the psychological $40,000 level before stabilising, with traders pointing to heightened volatility after reports and commentary suggested renewed political debate around […]
Central Bank of the UAE has rolled out the region’s first biometric payment system based on facial and palm recognition, marking a significant shift in how retail transactions may be authenticated across the country. The initiative aligns with the UAE Digital Economy Strategy and the central bank’s wider effort to create a secure, inclusive and innovation-led payments ecosystem, while reducing reliance on cards, cash and mobile devices. […]
A significant wave of liquidations surged through global cryptocurrency markets as leveraged long positions worth about $140 million were wiped out within a single hour, underscoring sharp price swings and persistent volatility that have unsettled traders and risk models alike. The liquidation event affected tens of thousands of leveraged accounts and came amid rapid price fluctuations in major digital assets, particularly Bitcoin and Ethereum, with derivatives trading […]
Kaspersky has introduced a new online tool aimed at helping industrial companies in the Middle East quantify cyber risk in operational technology environments, as manufacturers, energy firms and utilities face mounting pressure to justify cybersecurity spending with clearer financial metrics. The cybersecurity company said the OT Cybersecurity Savings Calculator is designed to translate technical exposure in industrial control systems into potential monetary losses, allowing executives to […]
By Nitya Chakraborty The meeting between Chinese President Xi Jinping and the British Prime Minister Keir Starmer on Thursday, January 29 in Beijing assumes special significance at a time when Britain is fighting its transatlantic ally U.S. over the sovereignty of Greenland and President Trump has mentioned security threat from China and Russia in Arctic […]
The article China’s Diplomatic, Trade Gains In Europe Continue As Trump Fumes appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).
