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Nvidia quarterly profit soars on demand for AI chips

Nvidia on Wednesday said its profit soared to $12.3 billion in the recently ended quarter on record high revenue driven by demand for its chips to power artificial intelligence. The Silicon Valley chip titan reported record revenue of $22.1 billion in the quarter than ended late January and record high revenue of $60.9 billion for the fiscal year. Profit in the same quarter a year ago was $1.4 billion, while revenue in the same three […]

‘World’s most harmful’: What is the LockBit cybercrime gang?

By Qasim Nauman An international law enforcement operation has taken down dozens of servers and disrupted LockBit, “the world’s most harmful cyber crime group” according to British authorities. LockBit and its affiliates caused billions of dollars in damage and extracted tens of millions in ransom from their victims. Their targets have included banks, mail services and even a children’s hospital. How does LockBit operate? Rather than conduct an entire criminal operation itself, LockBit developed the […]

Republicans impeach US homeland security chief over border crisis

By Frankie TAGGART WASHINGTON, Feb 14, 2024 (AFP) – Republicans impeached US President Joe Biden’s immigration chief on Tuesday, the culmination of months of attacks on the Democratic administration as they seek to make border security a key issue in November’s election. Conservatives in the House of Representatives, which is narrowly controlled by Republicans, blame Homeland Security Secretary Alejandro Mayorkas for a surge in illegal entries from Mexico that they have called a “humanitarian catastrophe.” […]

Apollo to Artemis: Why America is betting big on private space

By Issam AHMED WASHINGTON, Feb 13, 2024 (AFP) – A private Houston-based company is set this week to lead a mission to the Moon which, if successful, will mark America’s first lunar landing since the end of the Apollo era five decades ago. Reputation will be on the line when Intuitive Machines’ Nova-C spaceship will launch atop a SpaceX rocket on Wednesday, following recent completed touchdowns by China, India and Japan. So why entrust such […]

Five dead in Haiti as armed environmental group clashes with police

PORT-AU-PRINCE, Feb 8, 2024 (AFP) – Five agents of an environmental protection body were killed in clashes with police near the Haitian capital Wednesday, as the country is seized by violent protests calling for the ouster of Prime Minister Ariel Henry. Haiti has been engulfed in unrest since Monday, with thousands of people in Port-au-Prince and across the country demanding that Henry step down in line with a political agreement forged in 2022. A police […]

Three dead, 280 injured in huge Kenya blaze

By Dylan GAMBA, Ammu KANNAMPILLY NAIROBI, Feb 2, 2024 (AFP) – A truck laden with gas canisters exploded in a densely populated area of the Kenyan capital, setting off a huge blaze that killed three people and injured 280, the government said Friday. The blast ignited a huge ball of fire in a residential area in the southeast of Nairobi, ravaging many properties and vehicles and sending local residents running for their lives. Firefighters managed […]

Gov’t eyes up to 7.5% GDP growth rate this year to elevate PHL to upper-middle-income status by 2025

(Eagle News)–The National Economic Development Authority is eyeing to achieve a 6.5 to 7.5 percent full-year GDP growth rate this year in a  bid to ultimately elevate the Philippines to “upper-middle-income-country” status by 2025. Based on World Bank data, the Philippines is currently classified as a lower middle-income country. As of 2022, it had a gross national income per capita of USD3,950. According to NEDA Secretary Arsenio Balisacan, the growth will be supported by “low […]

Heavens remain shut over Catalonia as three-year drought persists

By Anahi Aradas with Alfons Luna in Madrid VALLIRANA, Spain (AFP) – Although Atlantic storms regularly sweep through Spain they always seem to peter out before reaching Catalonia, which is experiencing its worst drought in living memory and may soon have to restrict water use. Ghost villages that were flooded to create reservoirs in this northeastern region are once again emerging because water reserves have run so low. And when the reservoirs fall below 16 […]

Strike on busy market kills dozens in Russian-held Donetsk

MOSCOW, Jan 21, 2024 (AFP) – Artillery shells struck a suburb of the Russian-occupied city of Donetsk in eastern Ukraine Sunday, killing at least 27 people, including many at a crowded market, Moscow-backed officials said. Both Russia and Ukraine have accused each other of a sharp escalation in attacks on civilian areas over the past two months. Shattered storefronts and broken glass could be seen in videos shared by Russian state media, along with what […]

‘Four survivors’ after Russian jet crashes in Afghan mountains

MOSCOW, Jan 21, 2024 (AFP) – Four people survived and two are unaccounted for after a Russian plane crashed in mountainous northeastern Afghanistan, the air transport agency Rosaviatsia said Sunday. The Falcon 10 business jet was believed to be carrying six people on a hospital flight from India to Uzbekistan and Russia before communication was lost on Saturday evening. “Of the six people on board the aircraft, tentatively, four are alive. They have various injuries. […]

5.6M Quake causes damage in Colombia

BOGOTÁ, Jan 19, 2024 (AFP) – A moderately strong earthquake struck the center-west of Colombia on Friday, causing material damage and possibly contributing to a death, authorities said. “At 6:26 am local time (1126 GMT) an earthquake of magnitude 5.6 was registered at a depth of 33 kilometers (20 miles), located in the municipality of Ansermanuevo,” John Makario London of the Colombian Geological Service said in a media video. He said the “intermediate magnitude” quake […]

UK’s King Charles III and Kate in health scares

By Phil HAZLEWOOD Britain’s royal family has had a double health scare as King Charles III faces treatment for an enlarged prostate and his daughter-in-law Catherine, Princess of Wales, recuperates from abdominal surgery. Separate announcements came within 90 minutes of each other from Buckingham Palace and Kensington Palace, in a rare show of transparency from royal officials about personal health matters. The king, 75, is due in hospital next week, while Catherine, often known as […]