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OpenAI’s $500bn Stargate project drives record demand for high-bandwidth memory, benefiting SK Hynix and Samsung.SK Hynix shares jumped about 10%, while Samsung Electronics climbed over 3% in Seoul trading Thursday.Both companies secured roles supplying HBM for the supercomputer network, boosting investor confidence and market influence. Samsung dominates global DRAM and NAND flash production, powering servers, smartphones, and cloud storage.SK Hynix ranks second in DRAM and leads HBM supply for Nvidia’s AI processors.Together, they control over half of the world’s memory market, shaping prices, capacity, and technology trends. HBM Demand Rockets With Stargate Expansion High-bandwidth memory enables AI chips to transfer…
Elon Musk has become the first individual to surpass a net worth of $500bn. The milestone reflects soaring values of Tesla and his other companies this year. His fortune briefly hit $500.1bn on Wednesday afternoon in New York. It later eased slightly to just over $499bn, Forbes’ billionaires index reported. Valuations of Musk’s other ventures, including artificial intelligence firm xAI and rocket company SpaceX, have also risen in recent months. Musk widens his global lead Musk’s fortune cements his position as the world’s richest person. He stays well ahead of leading rivals in the tech sector. Oracle founder Larry Ellison…
Autism should not be seen as a single condition with one unified cause, according to new research that highlights striking genetic and developmental differences between those diagnosed in early childhood and those diagnosed later in life. An international team analysed behavioural and genetic data from more than 45,000 autistic people across Europe and the US. They found that children diagnosed before the age of six often had clear early social and communication difficulties that remained relatively stable over time, and showed distinct genetic profiles. By contrast, those diagnosed after the age of 10 were more likely to develop increasing social…
Eurozone inflation climbed to 2.2% in September, the highest since April, driven by services and energy prices.Core inflation held at 2.3% for the fifth consecutive month, signaling persistent underlying pressures.Annual inflation rose from 2.0% in August, while monthly prices edged up 0.1%, matching last month’s pace. Services led the increase with a 3.2% annual rise, slightly above August’s 3.1%.Food, alcohol, and tobacco grew 3.0%, down from 3.2%, while non-energy industrial goods stayed at 0.8%.Energy costs fell 0.4%, a slower decline than August’s 2.0%. Estonia recorded the eurozone’s highest inflation at 5.2%, followed by Croatia and Slovakia at 4.6% each.Cyprus saw…
The sunscreen scandal in Australia is intensifying. Authorities have already pulled 18 products from store shelves over safety concerns. Popular sunscreen brands questioned In June, a consumer advocacy group revealed that several well-known sunscreens failed to meet their advertised protection levels. Ultra Violette’s Lean Screen Skinscreen claimed SPF 50+ but tested at only SPF 4. The company recalled the product voluntarily in August. Since then, the medicines regulator has identified 20 more sunscreens from different brands. All of them used the same base formula, which testing showed to be unreliable. SPF results much lower than advertised Preliminary tests showed the…
Danish Authorities Enforce Drone Flight Ban As European leaders gather in Copenhagen, Denmark is dealing with recent incursions by unidentified drones that disrupted airport operations and triggered alerts at military sites. In response, the government has prohibited all civilian drone flights nationwide, emphasizing the potential danger to critical infrastructure and public safety. Regional Allies Contribute to Security Measures To secure the summit, Denmark has received assistance from neighboring countries. Sweden, Germany, and France have provided troops, radar systems, and counter-drone technology to reinforce local defenses. Officials described the measures as unusually extensive, reflecting concern that the drone activity may have…
Scientists in the US have successfully created human eggs from skin cells, marking a potential revolution in fertility treatment. The early-stage research, led by Prof Shoukhrat Mitalipov at Oregon Health and Science University, could one day allow women who are infertile due to age, illness or medical treatment to have genetically related children. The same technique could also provide eggs for same-sex male couples. The process draws on cloning methods first used to create Dolly the sheep in the 1990s. Researchers removed nuclei from female skin cells and placed them into donor eggs that had been stripped of their own…
Zhimin Qian, 47, tricked more than 128,000 people in China before trying to launder cryptocurrency through UK property.UK authorities convicted Qian of leading a Bitcoin scam linked to a seizure worth over £5.5 billion.Also called Yadi Zhang, Qian admitted at Southwark Crown Court to illegally obtaining and holding cryptocurrency. Global Investigation and Escape The Metropolitan Police said a seven-year international probe led to her guilty plea.From 2014 to 2017, Qian executed a large-scale fraud, converting victims’ money into Bitcoin.She fled China with fake documents and entered the UK to hide her illegal gains by buying property in 2018.Police recovered 61,000…
Donald Trump has once again threatened a 100% tariff on all films made outside the United States. He claimed America’s film industry had been “stolen” by other nations. California in Trump’s spotlight On Monday, Trump argued California suffered most from the current situation. He said the levy would “solve this long time, never ending problem”. In May, he revealed plans to meet Hollywood executives. Then, he warned that America’s film business was dying “a very fast death”. New tariffs already rolling out Trump’s threat followed the launch of other tariffs. These included a 100% levy on branded or patented drug…
Researchers tested VER-01, an experimental cannabis extract, on adults suffering persistent lower back pain. Patients reported meaningful reductions in pain over several months. Unlike smoking cannabis, the extract delivers precise doses, minimizing psychoactive effects and avoiding respiratory risks. Scientists designed VER-01 to reduce pain while limiting addiction or serious side effects. Chronic lower back pain affects over 619 million people worldwide and remains the leading cause of disability. Current treatments, such as opioids, carry high addiction potential, while NSAIDs risk heart and gastrointestinal problems. Many patients struggle to find effective, safe solutions. Clinical Trial Demonstrates Measurable Relief The study enrolled…