US INTELLIGENCE
‘Big Short’ investor Steve Eisman says you have to own big tech
Senior portfolio manager Steve Eisman foresees prolonged strength in US megacap tech stocks driven by AI accessibility. Eisman recommends owning large-cap tech stocks like Apple, Nvidia, Microsoft, and Oracle. Despite concerns about Nvidia's valuation, Eisman remains optimistic about its future earnings growth. He also predicts a Trump victory in November.
US Republican lawmakers concerned over Microsoft-G42 AI deal, letter says
Michael McCaul and John Moolenaar of the House Foreign Affairs and Select Committee on China request a briefing on Microsoft's $1.5 billion investment in G42, citing concerns about export controls, military and espionage, G42's Huawei ties, cyber espionage, intellectual property risks, and UAE-China relations in their July 10 letter to Jake Sullivan.
US Presidential Election 2024: Is Russia helping Donald Trump? Intelligence officials on alert
Intelligence officials in the US have warned against possible Russian attempts to influence the upcoming presidential election in favor of a particular candidate. it is believed that the Russians will attempt to influence the electorate in the swing states in favor of their preferred candidate. Iran and China are also being watched closely.
Use of M4 carbine assault rifles in terror attacks in J-K alarming: Experts
The use of American-made M4 carbine assault rifles by terrorists in Jammu and Kashmir has raised concerns among experts. These rifles, left behind by the US Army after its Afghanistan pullout in 2021, have reportedly been obtained by terrorists through Pakistani handlers. The M4 carbine, known for its maneuverability and lethal steel bullets, poses a significant threat due to its advanced capabilities. Despite efforts to secure these weapons, their presence has intensified attacks in the region, prompting security forces to adapt strategies to counter this evolving threat.
The Tyrant: What we know about production, plot, cast and characters of Disney+ Korean miniseries
Disney+ will debut "The Tyrant," a Korean espionage-revenge-drama miniseries, on August 14. Created by Park Hoon-jung, the series focuses on a virus theft that sparks a conflict between Korean and U.S. intelligence agencies.
Egypt, US, Israel spy chiefs to attend Gaza truce talks in Doha
Negotiations to secure a ceasefire in the Gaza war will resume in Doha on Wednesday. The talks will see the participation of intelligence chiefs from Egypt, the United States, and Israel, according to Egypt's state-affiliated Al-Qahera News TV and sources. Egypt's security delegation, led by intelligence chief Abbas Kamel, aims to mediate between Hamas and Israel to reach a truce.
Get AI's mojo back intelligently
As AI emerged, it was met with optimism, but soon concerns over AI safety, explainability, data privacy, and deepfakes overshadowed the excitement. Experts began to caution that AI could threaten humanity's existence. To harness the positive potential of AI, we must rekindle the initial hope, joy, and curiosity associated with technological advancements.
New Cuban radar site near US military base could aid China spying, think tank says
Cuba is constructing a new radar site near Santiago de Cuba, capable of monitoring U.S. military activities at Guantanamo Bay, according to satellite imagery analyzed by a Washington think tank. The facility, set east of Santiago de Cuba and due to be operational soon, could track signals up to 8,000 miles away. The development raises concerns about China's strategic interests, despite denials from Cuban officials. This site adds to suspicions of increased Chinese surveillance capabilities in Cuba, targeting U.S. military and space operations.
Satellite images reveal the presence of Chinese spy bases in Cuba. Should the US be concerned?
A report by a think-tank based out of the US analyzed satellite images from Cuba which revealed the presence of Chinese spying facilities. This is a direct threat to the US. Law makers have urged the Biden administration to tackle this threat.
AI deals lift US venture capital funding to $55 billion in Q2, data shows
U.S. venture capital funding surged to $55.6 billion in Q2, driven by AI investments. Emerging VC fund managers faced pressure as large firms like Andreessen Horowitz led fundraising efforts.
Echoes of dotcom bubble haunt AI-driven US stock market
AI enthusiasm, along with a robust economy and improved earnings, has driven the S&P 500 index to new highs this year, surging over 50% since October 2022. The Nasdaq Composite, heavily influenced by technology stocks, has soared more than 70% since the end of 2022. While several internet stocks such as Amazon survived and eventually thrived, others never recovered.
Chinese troops are going to stay at the disputed site along India border for longer period: US Report
China-India Border Tensions: Amid global focus on Ukraine, Gaza, and the South China Sea, tensions on the China-India border remain significant. Reports from the US Army War College and the US Annual Threat Assessment highlight the People's Liberation Army's (PLA) strategic positioning and infrastructure development along the Line of Actual Control (LAC) in Aksai Chin. These developments indicate a prolonged readiness for potential conflict, underscoring the importance of ongoing diplomatic efforts.
Poised along the Indian border, Chinese troops are there for the long haul
The Strategic Studies Institute of the US Army War College published an in-depth report examining PLA activity along the mountainous border in Aksai Chin opposite India in 2020-21. It considered how the PLA rapidly moved troops into the region as violence flared between Chinese and Indian troops in Galwan Valley on 15-16 June 2020. However, Blasko, a former US defence attache in Beijing and Hong Kong, also provided a useful assessment of current and future conditions along the Line of Actual Control (LAC).
The voices of AI are telling us a lot
AI voices evolve from cinematic stereotypes to diverse choices, impacting user preferences.
Retail traders are getting bigger than ever in US stock options
Retail traders were responsible for 18.3% of the total options activity in June, a record, the bank’s strategists led by Bram Kaplan wrote Friday in a note to clients on Friday. More than 60% of their orders were for contracts expiring a week out or less, with technology options being of the highest demand among single-stock trades.
Julian Assange's actions put people in danger: US State Department after whistleblower walks free
Julian Assange, WikiLeaks founder, arrived in Australia after signing a plea deal with the US, ending a 14-year legal case. The US State Department criticized Assange for endangering lives, including diplomats and allies, by releasing unredacted classified documents. They also accused him of acting as a conduit for Russian intelligence during the US presidential elections. Assange was welcomed in Canberra by supporters and family. His plea deal was formalized on the Northern Mariana Islands to facilitate his travel back to Australia.
US, Japan, South Korea vow strategic cooperation to boost security, economies
Commerce and trade ministers from the U.S., Japan, and South Korea agreed to cooperate on AI safety, export controls, clean energy, and semiconductor supply chains. U.S. Commerce Secretary Gina Raimondo emphasized the importance of collaboration for global security. Japanese Minister Ken Saito and South Korean Minister Ahn Duk-geun also attended the inaugural meeting, initiated at a Camp David summit. The ministers aim to strengthen supply chain resilience, particularly in semiconductors and critical minerals, and enhance cooperation in cybersecurity and technical standards to counter China's dominance in critical mineral supply chains.
Is there a Saudi link to the 9/11 terror attacks? What is the role of the Saudi Intelligence?
Recent evidence has revealed the links between Omar Al-Bayoumi who is a Saudi national to two of the 9/11 hijackers. Further, it has been reported that he is on the payroll of the Saudi Intelligence.
Artificial intelligence firms lead Chinese shares higher
China's CSI AI Index jumped 3.7%, as domestic AI companies moved swiftly to attract users of OpenAI's technology. The blue-chip CSI300 index hit a four-month low on Tuesday. A US company intends to limit access to its application programming interface (API) in China and other nations. The API serves as a platform enabling developers to integrate its AI models into their products.
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