黎智英案|蘋果前執行總編輯林文宗就刑期提上訴 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】黎智英勾結外國勢力案,蘋果前執行總編輯林文宗就刑期提出上訴。 林文宗是案中第二名被告提出上訴,他承認串謀勾結外國勢力罪,...
黎智英案|蘋果前執行總編輯林文宗就刑期提上訴 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】黎智英勾結外國勢力案,蘋果前執行總編輯林文宗就刑期提出上訴。 林文宗是案中第二名被告提出上訴,他承認串謀勾結外國勢力罪,判監10年,他不服刑罰,就刑期提出上訴。另一名被告、蘋果前英文版總編輯馮偉光同樣判監10年,早前亦已就刑期提出上訴。
Enterprise software giant Oracle is reportedly planning to ax thousands of jobs due to mounting financial pressure from its aggressive push to build AI-focused data centers. The tech powerhouse may slash 20,000 to 30,000 positions, possibly cutting 12–18% of its global workforce of roughly 162,000 employees, tech magazine CIO reported. The layoffs could be implemented as early as March 2026, Bloom...
Enterprise software giant Oracle is reportedly planning to ax thousands of jobs due to mounting financial pressure from its aggressive push to build AI-focused data centers. The tech powerhouse may slash 20,000 to 30,000 positions, possibly cutting 12–18% of its global workforce of roughly 162,000 employees, tech magazine CIO reported. The layoffs could be implemented as early as March 2026, Bloomberg reported. The move is driven by a cash crunch from massive spending on data centers, which Wall Street expects will keep Oracle’s cash flow negative for years, forcing the company to seek alternative ways to preserve liquidity, Bloomberg said. MAJOR TECH COMPANIES BACK TRUMP PLEDGE TO PAY MORE FOR DATA CENTER ELECTRICITY AHEAD OF SIGNING Additionally, several U.S. banks have scaled back financing for Oracle’s massive AI data center expansion, according to investment bank TD Cowen, cited by CIO.com. Lenders have reportedly voiced growing concerns over the company’s ability to repay debt given the enormous capital required to build infrastructure for high-profile AI clients such as OpenAI. "Both equity and debt investors have raised questions regarding Oracle’s ability to finance this buildout," the report said. STANLEY BLACK & DECKER TO CUT HUNDREDS OF JOBS, SHUT CONNECTICUT PLANT The job cuts will span divisions across the company, focusing on roles Oracle expects to need less of due to AI, Bloomberg reported. The move is also expected to free up $8 billion to $10 billion, TD Cowen said in a research report cited by CIO. Led by Chairman Larry Ellison, Oracle is making a high-stakes, all-in bet on becoming a top-tier AI cloud provider to rival AWS, Microsoft and Salesforce. Ticker Security Last Change Change % ORCL ORACLE CORP. 152.93 -1.86 -1.20% GET FOX BUSINESS ON THE GO BY CLICKING HERE The upcoming layoffs at Oracle are expected to be much larger and more extensive than the company’s usual smaller routine job cuts. Oracle reportedly told internal teams it would rea...
Video appears to show U.S. cruise missile striking Iranian school compound toggle caption Screenshots by Geoff Brumfiel for NPR/ Mehr News on X A new video released by Iranian state media shows what appears to be a U.S. cruise missile striking a compound where around 175 Iranian students and staff were killed at a girl's school a little over a week ago. The seven-second video was posted by Mehr Ne...
Video appears to show U.S. cruise missile striking Iranian school compound toggle caption Screenshots by Geoff Brumfiel for NPR/ Mehr News on X A new video released by Iranian state media shows what appears to be a U.S. cruise missile striking a compound where around 175 Iranian students and staff were killed at a girl's school a little over a week ago. The seven-second video was posted by Mehr News, an Iranian state news agency. It shows the missile slamming into a building inside a walled compound – likely a health clinic that was also inside the perimeter of what was at one point an Iranian Revolutionary Guard naval base. The strike appears to have taken place shortly after the girl's school was hit. In the new video, smoke is already visibly rising from the part of the compound where the school was located. State media reports put the death toll from the bombing at somewhere between 165 and 180, many of them students. Sponsor Message Although the quality of the video makes precisely identifying the munition difficult, the missile appears consistent with a Tomahawk cruise missile, according to Jeffrey Lewis, a professor of global security at Middlebury College. The U.S. is the only country known to have Tomahawk missiles, and U.S. officials say the military was operating in the south of the country at the time of the strike. "The first shooters at sea were Tomahawks unleashed by the United States Navy," Gen. Dan Caine, the chairman of the Joint Chiefs of Staff said in a press conference on the Monday after the strike. Speaking aboard Air Force One on Saturday, President Trump accused Iran of being responsible for the school bombing. "Based on what I've seen, I think it was done by Iran," Trump said. "Because they're very, inaccurate as you know, with their munitions. They have no accuracy whatsoever. It was done by Iran." Lewis, however, said that the missile in the video did not appear to be consistent with known, Iranian-made cruise missile designs. NPR was abl...
Bitcoin fell to its lowest price in a week during early Asia trading, as oil prices surged due to the escalating war with Iran. Risk-off sentiment driven by inflation fears helped push the original cryptocurrency down as much as 2.36% to $65,633 on Monday, coinciding with a spike in Brent crude prices, which touched $118.73 a barrel — the highest since June 2022. Bitcoin was trading above $66,000 ...
Bitcoin fell to its lowest price in a week during early Asia trading, as oil prices surged due to the escalating war with Iran. Risk-off sentiment driven by inflation fears helped push the original cryptocurrency down as much as 2.36% to $65,633 on Monday, coinciding with a spike in Brent crude prices, which touched $118.73 a barrel — the highest since June 2022. Bitcoin was trading above $66,000 at 10:30 a.m. in Singapore. “The geopolitical situation in the Middle East has moved beyond a single military event into sustained economic disruption,” said Hayden Hughes, managing partner at Tokenize Capital. He added that investors are bracing for the latest US Consumer Price Index numbers, scheduled for release this week. “The market is positioning defensively ahead of what is likely a hot print given elevated energy costs,” Hughes said. Asian shares also slumped , with South Korea’s Kospi falling as much as 8.1%. The US dollar, the haven of choice amid inflationary pressure, rose against nearly all its peers. Treasuries sold off, as well, with benchmark US 10-year yields turning higher for the year. Bitcoin’s drop was “surprisingly modest compared to, say, Nasdaq futures or the Kospi, which tells me there are very little leveraged long positions left,” said Damien Loh , chief investment officer at Ericsenz Capital . The overall mood remained bearish as exchange-traded fund flows turned negative again at the end of last week. US-listed spot Bitcoin ETFs have seen nearly $6 billion in net outflows since November, according to data compiled by Bloomberg. This indicates that institutional capital continues to exit rather than wait on the sidelines, Hughes said. Hughes said $64,000 is the immediate downside level to watch for Bitcoin, while a break below that would take the next support level to $61,000. On the upside, $68,000 is the next resistance level, he added.