NewsFeed

March 29, 2025

Dawson Geophysical Faces Nasdaq Delisting Threats

Dawson Geophysical Company faces risks including limited market for its shares, which could lead to delisting from Nasdaq and reduced SEC filings. The company's business is also vulnerable to economic conditions, energy industry spending, and the volatility of oil and gas prices. The COVID-19 pandemic has caused operational challenges, logistical issues, and disruptions in the global economy, including export controls and financial sanctions. These factors have negatively impacted the company's business, with potential for contract delays, reduced utilization, high fixed costs, and limited capital resources.

https://www.prnewswire.com/news-releases/dawson-geophysical-reports-fourth-quarter-and-year-end-2024-results-302414582.html

March 29, 2025

Dhruv Rathee's Ghibli-Inspired Animation Magic Revealed

Dhruv Rathee, a digital content creator, has gained attention for his Ghibli-style animation video. To create such an image, one can use AI-generated images and then edit them using software like Adobe After Effects or Blender. Rathee's video showcases his creativity in transforming AI-generated images into a visually stunning clip.

https://www.livemint.com/technology/tech-news/dhruv-rathee-wows-netizens-with-his-ghibli-style-animation-video-heres-how-to-turn-ai-generated-images-into-a-clip-11743246425347.html

March 29, 2025

HHS Announces Massive Layoffs Across Agencies

The US Department of Health and Human Services (HHS) is implementing significant job cuts as part of its restructuring efforts. The FDA will lose 3,500 employees, or 20% of its workforce, while the CDC will cut 2,400 staff members. Additionally, CMS will reduce its employee count by 300 and NIH will see a 1,200-person reduction. These cuts, combined with voluntary resignations, bring the total HHS job losses to 10,000, adding to the previous 20,000 employees who have already left due to buyouts or other departures.

https://natlawreview.com/article/hhs-job-cuts-fda-cdc-nih-and-cms-impacted-amidst-significant-restructurings

March 29, 2025

Lazada Invests Heavily in AI-Powered E-commerce

Lazada Group is investing heavily in artificial intelligence (AI) and cutting-edge technologies to revolutionize the e-commerce ecosystem in Southeast Asia. The company's CEO, James Dong, stated that as technology evolves, consumer expectations also change, and Lazada will continue to focus on AI-powered discovery, dependability, deals, and decision-making. A study found that 92% of shoppers use AI-powered personalized recommendations, while 90% trust AI-generated product summaries. The platform's survey revealed that 83% of Southeast Asian shoppers are willing to pay more for an AI-powered experience. Lazada's AI-driven features enhance customer confidence and loyalty, making the shopping experience more intuitive and seamless. The company is also introducing new features such as Message+, its AI-powered assistant, to provide users with a better online shopping experience.

https://channelnewsasia.com/brand-studio/heres-why-more-consumers-southeast-asia-trust-ai-when-they-shop-online-4997946

March 29, 2025

Mawson Inc. Faces Revenue Expectation Risks

Mawson Inc. faces significant risks and uncertainties that could impact its ability to achieve revenue expectations, including the need for additional capital, volatility in digital asset prices, and regulatory changes affecting AI and HPC technologies. The company's forward-looking statements are subject to material differences due to factors such as the evolution of AI and HPC market, slower-than-expected demand growth, and challenges in implementing and executing on its digital infrastructure build-out.

https://www.manilatimes.net/2025/03/29/tmt-newswire/globenewswire/mawson-infrastructure-group-inc-reports-fiscal-year-2024-financial-results/2082500

March 29, 2025

Microsoft Invests $13 Billion in OpenAI Partnership

Satya Nadella has led Microsoft's transformation since becoming CEO in 2014, investing heavily in cloud systems and growing Azure to dominate the market. In 2023, Microsoft committed $13 billion to OpenAI, further solidifying its position in AI. The company has integrated OpenAI models into Copilot AI assistant and Office 365 programs, with plans to enhance its Copilot service.

https://koreajoongangdaily.joins.com/news/2025-03-29/business/tech/Microsoft-CEO-Satya-Nadella-keen-on-Korean-partnerships-with-eye-on-AI-/2272732

March 29, 2025

Musk Meets with CIA Director John Ratcliffe

Elon Musk, a top adviser to President Donald Trump, will visit the Central Intelligence Agency (CIA) on Monday to discuss government efficiency with Director John Ratcliffe. This comes after a New York Times article claimed Musk would receive confidential briefings on China's war preparations at the Defence Department, which was disputed by Trump and others. Musk criticized the piece as "pure propaganda" and called for legal action against those who leaked the information. The CIA has also sacked several recent workers as part of the Trump administration's government labour reductions, managed by Musk and his Department of Government Efficiency.

https://www.firstpost.com/world/musk-to-meet-cia-director-to-boost-government-efficiency-13875545.html

March 29, 2025

Signal Vulnerability Exposes US Government Officials' Secrets

The US Defense Department warned personnel about a vulnerability in Signal, stating that Russia was attempting to hack the app. A known risk is that if a malicious actor gains access to a person's phone, they can link their device to the user's Signal and monitor messages remotely in real-time. The administration's use of Signal for sensitive government communications is unclear, with Director of National Intelligence Tulsi Gabbard refusing to disclose whether she accessed information on her personal or government-issued phone during a Senate hearing, citing an ongoing investigation by the National Security Council.

https://whyy.org/articles/trump-leak-intelligence-signal-attack-plan-messages-what-we-know/

March 29, 2025

US Halts $25.7M WTO Contribution Payment

The US is holding back its contribution of around $25.7 million to the World Trade Organization (WTO) due to a review of international organisation funding, ordered by former President Trump through an executive order. The review, led by Secretary of State Marco Rubio, aims to determine if member organisations are contrary to US interests. As a result, US payments to the WTO have been put on hold pending the outcome of this review, which is expected to be completed within 180 days.

https://www.thenews.com.pk/print/1296209-us-pauses-financial-contributions-to-wto-trade-sources-say