The International Energy Agency recently released a report that highlighted a significant shift in the global oil production and demand landscape. The report predicts that a surge in oil production, led primarily by the U.S., will outstrip demand growth until the end of the decade. This surge is expected to push spare capacity to unprecedented
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The Department of Justice (DOJ) recently condemned House Republicans for spreading baseless allegations that the federal agency had orchestrated the hush money trial of former President Donald Trump in New York. Assistant Attorney General Carlos Uriarte labeled the conspiracy theory as “irresponsible” and “completely false.” He emphasized that there was no evidence of any coordination
OpenAI, a leading artificial intelligence company, made headlines on Monday with the announcement of two key executive hires. Sarah Friar, known for her previous roles as the CEO of Nextdoor and finance chief at Square, is now stepping into the role of chief financial officer at OpenAI. Alongside Friar, Kevin Weil, the former president of
Former President Trump is scheduled to sit for a virtual interview on Monday with a New York City probation officer from his home at Mar-a-Lago. This comes after he was found guilty on all counts in the hush money trial against him last month. The probation interview is a required part of the former president’s
Boeing’s Starliner was introduced as a human-grade space capsule aimed at transporting astronauts to and from the International Space Station. This initiative was part of NASA’s Commercial Crew Program, where Boeing signed a $4.2 billion contract in 2014, alongside SpaceX, which received $2.6 billion for its Crew Dragon capsule development. Caleb Henry, director of research
Microsoft recently announced the Recall feature on new PCs with artificial intelligence capabilities, intending to capture screenshots and enable searching through user activity. However, security researchers raised concerns about potential vulnerabilities that could allow attackers to access sensitive data. In response to the security risks identified, Microsoft decided to make the Recall feature off by
In a recent development, the Federal Trade Commission and the Justice Department have announced plans to launch antitrust investigations into tech giants Microsoft, OpenAI, and Nvidia. These investigations will delve into the companies’ influence on the artificial intelligence industry, focusing on their conduct rather than mergers and acquisitions. As emerging startups like OpenAI and Anthropic
The Amazon Labor Union, formed as a grassroots organization of current and former Amazon workers in 2021, gained national attention after winning a historic union election in Staten Island. However, the group has faced challenges in negotiating a contract with Amazon, leading to rifts within the organization. With Amazon seeking to overturn the election results
In a recent development, Databricks, a leading data analytics software maker, has announced its acquisition of Tabular, a startup specializing in optimizing cloud-stored data. This move comes amidst fierce competition from entities like Snowflake and marks a strategic step for Databricks in enhancing its product portfolio. While the exact financial details of the acquisition are
Microsoft has announced that they will be laying off employees in the mixed reality department, specifically those working on the HoloLens 2 augmented reality headset. This decision comes as part of a larger restructuring effort by the software giant, which also includes changes to their hardware lineup. The move follows a previous round of layoffs