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AI Giants Call for a Slowdown; Chip Stocks Take a Hit

AI Giants Call for a Slowdown; Chip Stocks Take a Hit

Asian AI-related stocks faced selling pressure in Monday morning trading after three prominent AI industry leaders issued a rare joint call to slow the development of cutting-edge models, compounded by OpenAI CEO Sam Altman’s statement that the company would not go public this year. SoftBank Group shares plunged as much as 13%, while Samsung Electronics, […]

Multiple teenage girls found inside a trailer…

Multiple teenage girls found inside a trailer…

Samuel Bateman, a 50-year-old leader of a polygamous sect, was sentenced on the 24th to 24 years in prison after being convicted of three counts of child abuse involving the transport of girls in an unventilated trailer in Arizona. He was already serving a 50-year federal sentence for organizing child sex crimes; this new sentence […]

US Open: Djokovic loses five-set thriller

US Open: Djokovic loses five-set thriller

Serbian star Novak Djokovic, a four-time US Open champion, entered this year’s final Grand Slam of the season as the fourth seed; however, he suffered a shock upset while headlining the night session on the main court on opening day (August 30). Hampered by physical discomfort, he was defeated in a comeback by 25-year-old Argentine […]

Yen Breaches 160 Again; Bessent Still Claims It Is Being Managed Reasonably Well

Yen Breaches 160 Again; Bessent Still Claims It Is Being Managed Reasonably Well

U.S. Treasury Secretary Bessent stated on Sunday that the recent movement of the Japanese yen has been “well-controlled,” indicating that the U.S. does not view the currency’s renewed depreciation as reflecting the kind of disorderly conditions that prompted a rare joint intervention by the U.S. and Japan in the foreign exchange market last month. The […]