Posts by Liam Redmond
When the disruptor gets disrupted: How Chinese open-source AI is eating its own industry
Chinese labs have flooded the market with models that are free to download, cheap to run and increasingly hard to dismiss as second-rate IT’S ironic to watch an industry disrupting itself. Artificial intelligence was supposed to be the great disruptor – the technology that would hollow out call centres, law firms, accountants and coding jobs.…
Read MoreEurope’s central banks may come under political pressure, Panetta says
Published Tue, Jul 7, 2026 · 07:49 AM [FRANKFURT] Central banks in Europe could come under growing pressure from governments facing rising demands for pension spending and industrial support, European Central Bank policymaker Fabio Panetta said on Monday. Germany, France and Italy are all struggling to fund higher defence spending, reviving industry and sustaining welfare…
Read MoreSamsung profit surges past estimates on AI memory chip demand
Chipmakers are enjoying an unprecedented rise in demand for the high-bandwidth memory essential to AI accelerators Published Tue, Jul 7, 2026 · 07:34 AM [SEOUL] Samsung Electronics’s quarterly profit surged 19-times, soaring past elevated expectations due to rocketing demand for memory chips needed in artificial intelligence data centres. The world’s largest memory maker reported preliminary…
Read MoreUnited Airlines must face lawsuit over ‘window seats’ that lack windows
Passengers said United failed to clearly disclose the missing windows during the booking process Published Tue, Jul 7, 2026 · 07:19 AM A FEDERAL judge on Monday rejected United Airlines’ bid to dismiss a lawsuit by passengers who complained they paid extra money to sit in window seats, only to discover their seats had no…
Read MoreWall Street regulator should stick to quarterly reports, investor groups say
Published Tue, Jul 7, 2026 · 07:02 AM [WASHINGTON] The investment industry is urging Wall Street’s top regulator to stick to its current practice of requiring quarterly reporting from publicly traded companies, according to the balance of public comment letters available on Monday (Jul 6). Responses to a proposal to let companies opt for semiannual…
Read MoreFree the Smithsonian — and our history — from America-hating elites
“Warning: The exhibits in this museum were prepared by people who don’t want you to love your country.” That’s a disclaimer every entrance to the National Museum of American History ought to display, according to a new White House report excoriating the Smithsonian Institution and its flagship museum. But it doesn’t take a 160-page report…
Read MoreOil prices settle at pre-Iran war levels as crude output grows
Published Tue, Jul 7, 2026 · 06:09 AM [NEW YORK] Oil prices settled around pre-Iran war levels on Monday as Saudi Arabia slashed its official selling prices, Opec+ approved another production target increase starting in August, and exports through the Strait of Hormuz recovered further. Brent crude futures, which hit a four-year high above US$126 in…
Read MoreOil climbs as fresh tanker strike highlights risks around Hormuz
Global benchmark Brent has fully erased the war premium that had built up in recent months Published Tue, Jul 7, 2026 · 06:09 AM — Updated Tue, Jul 7, 2026 · 02:07 PM [TOKYO/NEW YORK] Oil gained following attacks on vessels in the Strait of Hormuz, highlighting continued risks to traffic in the waterway. Brent…
Read MoreShohei Ohtani Christmas ornament to be released this weekend
Los Angeles Dodgers two-way star Shohei Ohtani can now be a decoration on your Christmas tree this year. Hallmark is set to debut a new Keepsake Ornament of Ohtani, featuring the four-time MVP dressed in a Dodgers uniform in a swing stance. This weekend, fans will be available to purchase the ornament at Hallmark Gold…
Read MoreEuropean shares retreat after hitting record high; easyJet surges on takeover offer
Industrial orders in the eurozone’s largest economy rise more than expected in May Published Tue, Jul 7, 2026 · 05:30 AM [BENGALURU] Europe’s benchmark Stoxx 600 index pulled back after hitting a record high on Monday (Jul 6) as investors cashed in on gains following a strong run, while a US$7.3 billion take-private offer boosted…
Read MoreMarcellus Wiley breaks silence after unnerving domestic battery arrest details emerge
Marcellus Wiley is adamant he’s innocent. The media personality and former NFL player took to his X page Monday, two days after he was arrested for allegedly getting physical with his wife while threatening her during a dispute at a Florida hotel, to deny the allegations. Marcellus Wiley #75 defensive lineman for the San Diego…
Read MoreHow Did Nate Smith Lose 70 Pounds? Country Singer Reveals Weight Loss Journey After Health Scare
Country music star Nate Smith has opened up about the health journey behind his dramatic transformation, revealing that he has lost more than 70 pounds after years of struggling to breathe during live performances. The “Whiskey on You” singer said the decision to overhaul his lifestyle wasn’t driven by appearance, but by growing concerns about…
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