In Annapolis, Md., people gather each year to usher in the warmer weather by burning their socks. The springtime tradition is the unofficial start of the Chesapeake Bay sailing season. (Image credit: Tyrone Turner)
In Annapolis, Md., people gather each year to usher in the warmer weather by burning their socks. The springtime tradition is the unofficial start of the Chesapeake Bay sailing season. (Image credit: Tyrone Turner)
As June's primary election nears, Democratic Gov. Janet Mills and combat veteran Graham Platner are effectively engaged in a proxy battle between factions in their own party. (Image credit: Robert F. Bukaty/AP; Kevin Dietsch/Getty Images)
As June's primary election nears, Democratic Gov. Janet Mills and combat veteran Graham Platner are effectively engaged in a proxy battle between factions in their own party. (Image credit: Robert F. Bukaty/AP; Kevin Dietsch/Getty Images)
LONDON, March 26, 2026--According to Omdia, global spending on cloud infrastructure services reached US$110.9 billion in Q4 2025, reflecting year-on-year growth of 29%. Growth accelerated from the previous quarter, marking the sixth consecutive quarter in which the market expanded by more than 20%. As enterprise AI demand shifts from experimentation to production deployment, hyperscalers are incre...
LONDON, March 26, 2026--According to Omdia, global spending on cloud infrastructure services reached US$110.9 billion in Q4 2025, reflecting year-on-year growth of 29%. Growth accelerated from the previous quarter, marking the sixth consecutive quarter in which the market expanded by more than 20%. As enterprise AI demand shifts from experimentation to production deployment, hyperscalers are increasing investment to expand AI infrastructure capacity.
At Mobile World Congress (MWC) 2026, Tencent Cloud, the cloud business of global technology company Tencent, announced its strategic partnership with CGTrader, one of the world's largest 3D model marketplaces. Under the agreement, Tencent HY 3D Global will be integrated into CGTrader's upcoming AI-powered 3D creation workflow, marking a significant step forward in automated and accelerated 3D asse...
At Mobile World Congress (MWC) 2026, Tencent Cloud, the cloud business of global technology company Tencent, announced its strategic partnership with CGTrader, one of the world's largest 3D model marketplaces. Under the agreement, Tencent HY 3D Global will be integrated into CGTrader's upcoming AI-powered 3D creation workflow, marking a significant step forward in automated and accelerated 3D asset creation.
Brazil President Luiz Inacio Lula da Silva is struggling to respond to Flavio Bolsonaro ’s rise in polls as tensions mount within his inner circle over how to counter the surge, adding to a string of crises denting his approval and threatening his chances in the final electoral campaign of his career. Lula has seen a double-digit lead evaporate in just four months, and Flavio, the eldest son of fo...
Brazil President Luiz Inacio Lula da Silva is struggling to respond to Flavio Bolsonaro ’s rise in polls as tensions mount within his inner circle over how to counter the surge, adding to a string of crises denting his approval and threatening his chances in the final electoral campaign of his career. Lula has seen a double-digit lead evaporate in just four months, and Flavio, the eldest son of former President Jair Bolsonaro , now holds a slight advantage ahead of October’s election. That has generated divisions among allies preaching patience and those who want Lula to go on the attack now, people familiar with the situation said, as the president also grapples with a slowing economy, inflationary concerns from US war in Iran, and corruption probes that are fostering anti-establishment sentiment across Brazil. The combination has returned Lula’s approval ratings to their low points from last year, before Donald Trump ’s trade war against Brazil provided a boost that turned him into an election favorite. And it has reinvigorated concerns over whether the 80-year-old Lula is capable of crafting a message tailored to a modern Brazilian voter. A massive probe into fraud allegations at Banco Master SA , a failed bank whose former CEO forged deep connections with Brazil’s political elite, is weighing on voter sentiment ahead of the election, and posing political risk to Lula even though he’s faced no allegations of wrongdoing in the case. Roughly 60% of Brazilians rate corruption as one of the country’s biggest concerns, according to LatAm Pulse, a survey conducted by AtlasIntel for Bloomberg News and released Thursday. About 40% say Lula’s allies are the most involved in the scandal, compared to 28% who say Bolsonaro’s are, even as the highest-profile politicians who’ve been directly linked to former Master owner Daniel Vorcaro are associates of the former president. Read More: Flavio Bolsonaro Inches Ahead of Lula in Brazil Election Poll That’s likely due to perceptio...
Pony AI Inc. delivered its first profitable quarter ever, bolstered by a windfall from an early investment, rather than its main robotaxi business. Net income reached $75.5 million in the three months ended December, helping the full-year loss narrow by 72% to $76.8 million, according to a company statement on Thursday. Revenue climbed 20% for the year to $90 million. “We are making front-loaded i...
Pony AI Inc. delivered its first profitable quarter ever, bolstered by a windfall from an early investment, rather than its main robotaxi business. Net income reached $75.5 million in the three months ended December, helping the full-year loss narrow by 72% to $76.8 million, according to a company statement on Thursday. Revenue climbed 20% for the year to $90 million. “We are making front-loaded investment to drive our commercialization at a quicker pace,” said Chief Financial Officer Leo Wang, according to the statement. Though the investment gain wasn’t specified, a Pony AI unit is an early investor in Chinese chip designer Moore Threads, whose shares surged as much as 425% when it went public in December. The global robotaxi race is heating up, with players in China and the US leading deployment. Alphabet Inc.’s Waymo has expanded to 10 cities in America, while Chinese companies such as Pony AI, Weride Inc. and Baidu Inc.’s Apollo Go are working with partners such as Uber Technologies Co. and Lyft Inc. in markets such as the Middle East and the UK. Pony AI has set a goal of deploying robotaxis with partners in more than 20 cities worldwide this year. The company said late last year it plans to grow its global fleet to 3,000 in the same time. Uber and Pony AI, as well as local startup Verne, are planning to launch robotaxis soon in the Croatian capital of Zagreb, making it likely to be the first European city to have a fare-charging self-driving cab service. Pony AI is also conducting trials in Luxembourg, while Uber and Baidu are testing in London. Read More: Pony AI, Uber to Launch Robotaxis in Croatia in Europe Push After achieving break even on a per vehicle basis in Guangzhou and Shenzhen after the launch of its seventh-generation robotaxi model, the technology firm plans to replicate the business model globally and to more cities in China. “The foundation we have established in China will enable us to replicate this model in overseas market and build dual gr...
Businesses and professionals increasingly rely on cross-platform workflows as Mac adoption grows across industries. However, many organizations still depend on Windows-only applications for accounting systems, enterprise tools, engineering platforms, and legacy software. Running those programs on macOS has long required complicated workarounds or additional hardware.
Businesses and professionals increasingly rely on cross-platform workflows as Mac adoption grows across industries. However, many organizations still depend on Windows-only applications for accounting systems, enterprise tools, engineering platforms, and legacy software. Running those programs on macOS has long required complicated workarounds or additional hardware.
The market may be close to all-time highs, but that has not prevented carnage from happening across many sectors. One stock that has recently been hit is SoFi Technologies (NASDAQ: SOFI) . Down close to 50%, the financial technology company keeps growing quickly but was recently targeted by a short seller alleging potentially misleading accounting that would wipe out the company's profitability. S...
The market may be close to all-time highs, but that has not prevented carnage from happening across many sectors. One stock that has recently been hit is SoFi Technologies (NASDAQ: SOFI) . Down close to 50%, the financial technology company keeps growing quickly but was recently targeted by a short seller alleging potentially misleading accounting that would wipe out the company's profitability. Should you panic over this short report on SoFi? Or is the stock a buy now? First, let's talk about the short report. Muddy Waters, which tries to profit from falling share prices, is a famous short-selling firm that makes bold claims against high-flying companies popular on Wall Street. Sometimes its allegations are right. Sometimes, they are wrong. Continue reading
The US Army has announced the first group of companies that will build data centers on military bases, as the armed forces address a growing need for artificial intelligence computing power. The Army plans to work with Carlyle Group Inc. to build a data center at Fort Bliss in Texas, and KKR & Co. -backed data-center operator CyrusOne to construct another at Dugway Proving Ground, Utah, Army Secre...
The US Army has announced the first group of companies that will build data centers on military bases, as the armed forces address a growing need for artificial intelligence computing power. The Army plans to work with Carlyle Group Inc. to build a data center at Fort Bliss in Texas, and KKR & Co. -backed data-center operator CyrusOne to construct another at Dugway Proving Ground, Utah, Army Secretary Dan Driscoll told reporters. Each project is expected to involve the companies investing billions of dollars. The centers will be built on underused Army land through 50-year leases, allowing private developers to finance construction and operations in exchange for access to computing power. “We just have massive demands,” Driscoll said. “This is the first of many, many projects that we hope to announce.” President Donald Trump signed an executive order in December to restrict state-level regulation, the latest in a series of steps he’s taken to bolster the AI industry since his return to the White House. Those moves are intended to make it easier to build infrastructure and increase energy supply for data centers. David Fitzgerald, the senior official performing the duties of under secretary of the Army, said this new model was designed to avoid boom-and-bust spending cycles tied to government budgets. Instead, the private sector will invest billions to set up shop on Army land. Read More: Pentagon to Push AI Battlefield Integration With Focus on Maven The Fort Bliss campus-style center would be set across roughly 1,384 acres and is being structured to generate its own energy and a closed water system to avoid stresses on local communities. The center, he said, would bring 2,000 new jobs to the El Paso region. The Dugway-based center would be built on a 1,200 acre parcel, anchoring more economic activity in a remote region. The AI drive has emerged as a politically contentious issue in November midterm elections, as voters bristle over the rapid development of data ce...
The approval rating of Colombia’s leftist leader Gustavo Petro rose to its highest level since 2024, potentially boosting the chances of his ally Iván Cepeda in the presidential election in May. The proportion of people who approve of Petro’s administration increased by 1.6 percentage points to 41.8%, while disapproval remained stable at 54.7%, according to LatAm Pulse, a poll conducted by AtlasIn...
The approval rating of Colombia’s leftist leader Gustavo Petro rose to its highest level since 2024, potentially boosting the chances of his ally Iván Cepeda in the presidential election in May. The proportion of people who approve of Petro’s administration increased by 1.6 percentage points to 41.8%, while disapproval remained stable at 54.7%, according to LatAm Pulse, a poll conducted by AtlasIntel for Bloomberg News. Petro’s four-year term ends in August, and he can’t run for reelection. However, Senator Cepeda is among the three favorites in the upcoming vote. Petro’s controversial decision to increase the minimum wage by a record 23% this year bolstered his support among labor unions and some low income workers. His rebound in support contrasts with trends among other major regional leaders. The approval ratings of Brazil’s President Luiz Inacio Lula da Silva , Argentina’s President Javier Milei , and Mexico’s President Claudia Sheinbaum have all declined this year. Colombians overwhelmingly see corruption as the country’s biggest problem, the poll found, which has long been the case. However, this year the health system has overtaken insecurity as voters’ second-biggest worry, the poll found. Presidential Candidates’ Standing The three favorites to win the presidency are neck and neck in terms of approval rating, the poll found. Right-wing Senator Paloma Valencia had a 44% favorable rating, while conservative lawyer Abelardo de la Espriella and Cepeda both scored 43%. However, fewer Colombians had a negative view of Valencia than of her opponents. Valencia has a net rating of -1 percentage point, compared with -6 for de la Espriella and -10 for Cepeda. Colombia will hold the first round of its presidential election on May 31, with a likely runoff three weeks later. Read more: Colombia’s Presidential Race Shifts as Valencia Gains Ground The next president will inherit strained fiscal accounts, rising insecurity and drug trafficking, and a deeply deteriorated he...
The European Central Bank is “closely monitoring” the economic effects of the Iran war and is determined to achieve price stability, Vice President Luis de Guindos said. “We are unwavering in our commitment to ensuring that inflation stabilizes at our 2% target in the medium term,” Guindos said Thursday in Tallinn, Estonia. “Our data-dependent and meeting-by-meeting approach allows us to respond i...
The European Central Bank is “closely monitoring” the economic effects of the Iran war and is determined to achieve price stability, Vice President Luis de Guindos said. “We are unwavering in our commitment to ensuring that inflation stabilizes at our 2% target in the medium term,” Guindos said Thursday in Tallinn, Estonia. “Our data-dependent and meeting-by-meeting approach allows us to respond in an agile manner to the evolving outlook.” The Middle East conflict has sent energy costs soaring, recalling the 2022 shock that followed Russia’s invasion of Ukraine and saw inflation breach 10%. Policymakers including Bundesbank President Joachim Nagel have indicated the ECB will need to consider raising borrowing costs as soon as Aptil . Guindos also said: “With shipping now virtually at a standstill, we are facing a supply shock that will likely have far-reaching repercussions for the global economy and financial stability. The scale of the impact and the implications for price and financial stability will depend on how much the war spreads, and how long it lasts.” “Amid already elevated global uncertainty, this conflict could trigger the unraveling of interconnected vulnerabilities and cause systemic stress. It threatens to derail market sentiment at a time when asset valuations are high, potentially leading to a sharp repricing of risk for leveraged borrowers and sovereigns and amplifying stress in the non-bank financial sector.” “To strengthen Europe’s growth prospects and reduce its vulnerability to current and future shocks, the only viable path forward is to focus on what we can achieve together and foster deeper integration within Europe.” Read More: ECB Won’t Be ‘Paralyzed by Hesitation’ on Iran, Lagarde Says
Mexico’s central bank is likely to hold its benchmark interest rate steady or deliver a small cut later Thursday, with analysts unusually split between the two outcomes after last month’s decision to leave borrowing costs unchanged. A narrow majority of economists surveyed by Bloomberg — 16 out of 31 — expect the bank’s board to hold the key rate at 7%, while the rest see a 25-basis-point cut to 6...
Mexico’s central bank is likely to hold its benchmark interest rate steady or deliver a small cut later Thursday, with analysts unusually split between the two outcomes after last month’s decision to leave borrowing costs unchanged. A narrow majority of economists surveyed by Bloomberg — 16 out of 31 — expect the bank’s board to hold the key rate at 7%, while the rest see a 25-basis-point cut to 6.75%. The lack of consensus reflects fresh domestic and external pressures. Banxico, as the bank is known, may keep rates on hold to contain inflation risks fueled in part by rising energy costs after weeks of war in Iran. Alternatively, it could cite weak economic growth and its own estimate that inflation will ease to the 3% target next year to justify a small cut. The board held the rate at 7% in a unanimous Feb. 5 decision, pausing a nearly two-year easing cycle. At the time, officials said they would assess further adjustments in the coming months. In the first half of March, annual inflation accelerated more than expected to 4.63%, above the 4.37% median estimate in a Bloomberg survey and up from 4.13% in late February. Core inflation, which excludes volatile food and fuel prices, edged down to 4.46% from 4.48% in the previous reading. Banxico targets inflation at 3%, plus or minus 1 percentage point. Among the factors pushing up headlinne inflation is a rebound in non-core prices, including perishable food costs and persistently high labor expenses that are likely to keep services inflation elevated, according to Alberto Ramos , chief Latin America economist at Goldman Sachs Group Inc. “The recent oil price shock is a new headwind on the inflation front, which depending on the duration and intensity of the shock may prompt the central bank to adopt a more near-term conservative stance,” Ramos wrote prior to the rate decision. Weaker Activity Sluggish economic growth — up just 0.6% last year — poses a downside risk to inflation, according to Banxico, which forecasts 1...
The US Shows A Way Out Of Germany's Energy Trap Submitted by Thomas Kolbe Big developments are underway in Tennessee and Alabama . Over the next five years, the joint Japanese-American project will bring several so-called small modular reactors (SMRs) of the BWRX-300 type online . Almost one percent of U.S. electricity production—slightly more than three gigawatts—will be added to the existing ene...
The US Shows A Way Out Of Germany's Energy Trap Submitted by Thomas Kolbe Big developments are underway in Tennessee and Alabama . Over the next five years, the joint Japanese-American project will bring several so-called small modular reactors (SMRs) of the BWRX-300 type online . Almost one percent of U.S. electricity production—slightly more than three gigawatts—will be added to the existing energy mix by reactors designed by Hitachi and GE Vernova. A caveat for purists of market economics: this is a hybrid project. While the majority is privately financed, export support from Japan as well as offtake guarantees and credit facilities accounting for roughly one percent of the total volume come from the U.S. Overall, this project represents an investment of $40 billion. It joins a number of major initiatives currently being driven largely by the private sector in the U.S. Major platform operators and tech giants—Google, Meta, and Microsoft—are deeply involved in building new nuclear capacities. This disproves, above all, the claims of most German ideologues who insist that nuclear power has no future worldwide. The fog has lifted. The truth is indisputably on the table. The closure of the Strait of Hormuz completes the evidence that Germany’s energy transition has not only failed but has destroyed hundreds of billions, if not trillions, of euros. Once the work of the eco-socialists is complete, we must conclude, more than a year’s worth of economic output may have gone up in smoke . This is economic substance and the guarantee of our prosperity. It is a reminder that the societal damage of this policy far exceeds what GDP figures alone can convey. In the wake of this realization—now felt in everyone’s wallet—several fatal insights emerge, describing the current state of the Federal Republic. First is the successful narrowing of public discourse to Merkel’s principle of “no alternatives.” Like a pyramid scheme set from the top, the issue of CO2-driven climate change ...
MUMBAI, India, March 26, 2026--LTM has been recognized as a Leader in multiple quadrants in the ISG Provider Lens™ Oracle Cloud and Technology Ecosystem 2025 reports.
MUMBAI, India, March 26, 2026--LTM has been recognized as a Leader in multiple quadrants in the ISG Provider Lens™ Oracle Cloud and Technology Ecosystem 2025 reports.