Author: Press Room

“Software is already eating AI” and will continue to do so, according to HSBC, with the bank shrugging off recent market fears about the sector being displaced by artificial intelligence. Software stocks plunged earlier this month as widespread concerns that AI could make software-as-a-service, or SaaS, business models obsolete, sparked a sell-off and warnings of an impending ” SaaSpocalypse .” But in a Tuesday note, analysts at HSBC said they do not expect that software will be usurped by AI, and will instead be a major beneficiary of its development. Consumer AI platform developers — like Google parent firm Alphabet…

NEWYou can now listen to Fox News articles! A former U.S. Air Force fighter pilot who once trained American servicemembers on advanced combat aircraft, including the F-35, has been arrested and accused of illegally training Chinese military pilots, federal prosecutors said Wednesday.The Department of Justice (DOJ) said Gerald Eddie Brown Jr., whose call sign is “Runner,” was taken into custody in Jeffersonville, Ind., and charged with providing and conspiring to provide defense services to Chinese military pilots without authorization.Prosecutors allege Brown violated the Arms Export Control Act, a federal law that regulates the export of U.S. defense articles, services and…

Saskatoon’s city council is moving ahead with the acquisition of a downtown property that will be converted into a drop-in centre despite pushback from the local community. Councillors voted Wednesday 7-4 in favour of purchasing a $1.64 million building located on Idylwyld Drive to provide services for people experiencing homelessness. Funding to pay for the building will come from a federal fund intended to support the city’s encampment response plan.However, businesses and community members near the new site are speaking out, expressing concerns about their safety and how it will affect their operations.“I’ve dealt with broken windows, vandalism, break-ins, theft…

Basil Zempilas has defended a confrontation with a female Labor MP — triggered by frequent power outages in Bullsbrook — after the Cook Government accused him of ‘intimidating’ behaviour. 

The pro-military and pro-monarchy party had its best electoral performance ever, riding a wave of nationalism following two rounds of deadly border clashes with Cambodia last year.Pheu Thai, Thailand’s most successful party of the 21st century, meanwhile, had its worst election result ever.The two parties were previously coalition partners until Anutin pulled out in June following a leaked phone conversation of his predecessor, Pheu Thai’s Paetongtarn Shinawatra.In the call, she referred to former Cambodian leader Hun Sun as “uncle” and called a Thai military commander her “opponent”, triggering outrage during a period of heightened tensions over the two countries’ disputed…

As the Muslim holy month of Ramadan began last week, the Iraqi city of Mosul regained its spiritual and cultural vibrancy, with religious rituals blending with cultural activities that reflect the city’s heritage, identity and collective memory after years of war and devastation.On the first night of Ramadan, immediately after the Maghrib call to prayer, the chant “Majina ya Majina”, a traditional Ramadan song, echoes through the old neighbourhoods. Children in traditional clothing roam the streets singing Ramadan songs, in a scene that revives longstanding customs.“This gathering of children revives Mosuli and Iraqi heritage and teaches them the values of…

At least 10 FBI employees who worked on former Special Counsel Jack Smith’s investigation into President Trump’s retention of classified records after he left the White House in 2021 were fired on Wednesday, multiple sources told CBS News.The firings came after Reuters reported that the FBI had subpoenaed records of phone calls made by FBI Director Kash Patel and White House Chief of Staff Susie Wiles when they were still both private citizens as part of Smith’s probe into Trump.The Reuters article quoted Patel, who alleged that the FBI had secretly subpoenaed his phone records “using flimsy pretexts and burying the entire…

NEWYou can now listen to Fox News articles! One of Todd Monken’s main priorities as the new head coach of the Cleveland Browns is figuring out who will be his starting quarterback for Week 1. Monken has three options to look at this season — Deshaun Watson, who wasn’t available all last season due to injury; Dillon Gabriel, the team’s third-round pick in 2025; and Shedeur Sanders, the Browns’ starter at the end of last season. Monken hopes one of these quarterbacks can set themselves apart over time. But all eyes will be on Sanders, who started the final seven games of…

NEWYou can now listen to Fox News articles! A toddler had a heart-stopping brush with a coyote right outside his Pasadena, California, home on Monday, according to surveillance footage that captured the frightening moment. In the video, the 3-year-old boy ran out onto the driveway before abruptly freezing in his tracks. He then turned around in panic, fleeing at full speed while letting out a terrified shriek.Moments later, the coyote appeared on camera, trailing closely behind the boy. As the animal moved through the family’s front yard and past the camera, a much louder scream — appearing to come from an…

An Okanagan Falls, B.C., family says their lives changed in an instant after a skiing accident left their 14-year-old son with serious injuries earlier this month. “Our entire world was turned upside down in seconds,” said Sean Hall, Connell Hall’s father.Connell Hall was skiing with friends at Apex Mountain Resort when he lost control coming down a hill.“I think his speed got a little too high. He wasn’t able to navigate a turn, got some air,” Hall explained. “And when he landed, he landed on his front, on the side of his head, which is where he incurred the majority…