kslmadmin

June 8 (Reuters) – China’s crackdown on “illegal” cross-border investment won’t lead to mainlanders’ offshore accounts being closed and assets liquidated forcibly, the securities regulator said, amid investor concerns over the fate of $54 billion worth of assets. Some savers from mainland China are travelling to Hong Kong and scrambling to explore options to retain their investments in the financial hub, after Beijing’s unexpected crackdown last month on “illegal” cross-border […]

SEOUL, June 8 (Reuters) – SK Hynix on Monday announced a multi-year technology partnership with Nvidia, saying the deal would advance next-generation memory for global AI data centres. The South Korean memory chipmaker said it would enter new AI fields via the partnership, such as personal AI and physical AI, and that the deal would help maintain a stable supply of memory despite advanced memory’s long development cycles. (Reporting by […]

SEOUL, June 8 (Reuters) – Nvidia said on Monday that South Korean internet conglomerate Naver would use its technology to build AI factories at gigawatt scale to meet rising global demand for AI services and physical AI. The project is aimed at serving growing global demand for AI services and physical AI applications, Nvidia said. (Reporting by Heekyong Yang; Editing by Jamie Freed) Brought to you by www.srnnews.com

PORTLAND, Maine (AP) — Graham Platner is set to take questions from voters Sunday at a town hall-style event in Maine as the Democrat moves to stabilize his Senate campaign after new reports about his past treatment of women. The evening event in Portland is taking place two days before a Democratic primary that is still seen as Platner’s to win, but which could provide clues as to whether enthusiasm […]

Iran Launches 4 Barrages of Missiles at Israel After Warning of ‘Painful’ Retaliation for Beirut Strikes   By The Media Line Staff   Iran fired missile barrages toward northern Israel on Sunday night, prompting interception efforts by the Israel Defense Forces (IDF) and Home Front Command to impose nationwide restrictions after Tehran had threatened retaliation for Israeli airstrikes on Hezbollah targets in Beirut’s Dahiyeh district.    The IDF said in a post on X that missiles had […]

Greek Authorities Arrest Hamas-Linked Palestinian in Alleged Plot Against Israeli Cruise Ship   By The Media Line Staff   A 37-year-old Palestinian man was arrested in Crete on suspicion of involvement in a planned terrorist attack against an Israeli-linked cruise ship expected to arrive on the Greek island this week, according to Cyprus Inform.   Greek authorities took the suspect into custody on Saturday night after an investigation conducted jointly with Cypriot intelligence […]

Israel’s Haredi Debate Becomes an Economic Reckoning  Rising defense costs, demographic change, and gaps in education, employment, and military service are turning a long-running social dispute into a national fiscal challenge  By Gabriel Colodro / The Media Line  Israel’s debate over the ultra-Orthodox community is no longer only about religion, draft exemptions, or coalition politics. At one of the country’s leading economic policy forums this week, it became a harder question: Can Israel afford its demographic future?  With defense spending rising toward 8% of gross domestic product and roughly a quarter of the state budget, and with Haredim projected to make up a growing share of draft-age […]

Foreign Fighters Pose Integration Challenge for Damascus  Syria’s new government is weighing containment, military incorporation, and security pressure as it seeks to dismantle independent armed networks  By Rizik Alabi/The Media Line  [DAMASCUS] A statement by foreign fighters of Uzbek origin in Syria criticizing the country’s new government has reopened one of the most difficult security questions facing Damascus after the fall of Bashar Assad: what to do with thousands of non-Syrian combatants who fought […]

BGU Study Warns AI Sports Scouting May Reinforce Bias, Threaten Privacy  By The Media Line Staff   Researchers at Ben-Gurion University of the Negev have identified hidden risks associated with the growing use of artificial intelligence in sports scouting and youth talent identification, warning that some AI systems may reinforce existing inequalities and create new ethical challenges, according to a study published in Big Data and Cognitive Computing.   The study examined […]