Posts by Liam Redmond
Amazon shares slide as US$200 billion outlay fans fears over AI returns
Big tech’s massive AI spending hike surprises analysts, raising doubts over whether returns can keep pace Published Fri, Feb 6, 2026 · 11:26 PM [NEW YORK] Amazon.com shares slid 9 per cent on Friday (Feb 6) after the company outlined a planned US$200 billion capital outlay for the year, stoking investor concerns about the scale…
Read MoreTikTok accused of breaching EU online content rules
EU tech regulators say the app may have to change its ‘addictive design’ featuring infinite scroll and autoplay Published Fri, Feb 6, 2026 · 11:01 PM [BRUSSELS] Social media app TikTok was charged by the European Union tech regulators on Friday (Feb 6), with breaching EU online content rules through its addictive features. It was…
Read MoreOlympic fans urged to ‘be respectful’ to US officials, athletes at opening ceremony
The head of the International Olympic Committee has warned spectators to be on their best behavior when American athletes and dignitaries are introduced at Friday’s opening ceremony. “I hope that the opening ceremony is seen by everyone as an opportunity to be respectful of each other,” IOC President Kirsty Coventry told reporters Wednesday when asked…
Read MoreWall Street rebounds after week-long tech rout, Amazon down on AI capex jump
Published Fri, Feb 6, 2026 · 10:42 PM [NEW YORK] Wall Street’s main indexes opened higher on Friday (Feb 6) following a bruising sell-off in technology shares through the week, though optimism was tempered by Amazon’s drop after it became the latest Big Tech to ramp up spending on AI infrastructure. At 09:30 am ET,…
Read MoreGoldman, JPMorgan and Bank of America boost banker, trader bonus pools by at least 10%
Published Fri, Feb 6, 2026 · 10:25 PM [NEW YORK] JPMorgan Chase, Goldman Sachs Group and Bank of America boosted their bonus pools for bankers and traders by at least 10 per cent, as the businesses benefited from a banner year in dealmaking and market activity. Executives began communicating the compensation decisions to middle managers…
Read MoreTaylor Swift’s ‘Opalite’ music video is a ‘90s fashion fever dream
Taylor Swift and Domhnall Gleeson become best friends (and dance partners) in the new “Opalite” music video. taylorswift13/X She comes back stronger than a ’90s trend. Taylor Swift released her new music video for “Opalite” on Apple Music and Spotify Friday morning — and in addition to appearances from all five stars who joined her on…
Read MoreFirst ransom deadline passes in Savannah Guthrie’s missing mom case, Chinese-linked biolab makes Vegas neighbors sick
Pima County AZ Sheriff Chris Nanos gives more details about what investigators know, and still don’t know, in Nancy Guthrie’s missing persons case. They believe she’s still alive. Feds raid a biolab in a home in a Las Vegas neighborhood. The Chinese-linked lab left some locals ill. Source link
Read MoreChairman of Malaysia’s IJM Corp detained in anti-graft probe
The arrest happened at the agency’s headquarters following a raid on the suspect’s home Published Fri, Feb 6, 2026 · 08:30 PM [KUALA LUMPUR] Malaysia’s anti-graft body briefly detained the chairman of construction group IJM Corporation for questioning, it said on Friday (Feb 6), part of a probe into alleged corruption involving around RM2.5 billion…
Read MoreWorld’s largest pig breeder Muyuan up 3.9% in Hong Kong debut; Han’s CNC jumps nearly 15%
Muyuan’s HK$10.7 billion listing proceeds makes it the largest IPO since Zijin Gold International’s debut last September Published Fri, Feb 6, 2026 · 07:57 PM [SINGAPORE/HONG KONG] The shares of China’s Muyuan Foods closed slightly higher in their Hong Kong trading debut on Friday (Feb 6), after the world’s biggest pig breeder raised HK$10.7 billion…
Read MoreTMZ boss says Nancy Guthrie could still be in the Tucson area radius, ransom note was ‘very specific, well organized’
TMZ founder Harvey Levin believes that Savannah Guthrie’s kidnapped mother could be being held in the “radius” of Tucson as he described the purported ransom email as “very specific” and “well organized.” Levin said on “Hannity” that Monday’s deadline is “far more consequential” after Thursday’s came and went, with kidnappers demanding the family shell out…
Read MoreKaiser workers launch war against AI, protesting potential job losses and patient harm
Workers of one of the most powerful unions in California are forming an early front in the battle against artificial intelligence, warning it could take jobs and harm people’s health. As part of their ongoing negotiations with their employer, Kaiser Permanente workers have been pushing back against the giant healthcare provider’s use of AI. They…
Read MoreStellantis plunges after taking 22 billion euros hit on EVs
The writedowns, which include some 6.5 billion euros in cash payments mainly to compensate suppliers Published Fri, Feb 6, 2026 · 06:47 PM [MILAN] Stellantis shares fell the most on record after the automaker announced 22 billion euros (S$33.4 billion) in charges linked to walking back its electric-vehicle strategy. The writedowns, which include some 6.5…
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