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China may be planning to take out US satellites from the moon, a US Space Force commander said. Analysts are warning that China could be planning to use its power in space for military purposes. But others say that its ambitions may be difficult to realize.  China could be planning to attack US satellites from the Moon, a US Space Force commander said, amid growing US concerns about China’s space program.Defense One reported the comments from Brig. Gen. Anthony Mastalir, commander of US Space Forces Indo-Pacific, who discussed China’s lunar exploration program at a conference Monday.”From a military perspective, I am curious…

Elon Musk said AI will likely be smarter than all humans combined by 2029. Meta’s AI chief scientist snapped back, taking a dig at Musk’s self-driving car system.  Yann LeCun said AI cannot teach itself — a crucial gap in our understanding of the technology.  A leading figure rejected Elon Musk’s claims that AI could soon outsmart all of humanity.Yann LeCun, Meta’s AI lead, snapped at Musk when he said AI “will probably be smarter than any single human next year.””By 2029, AI is probably smarter than all humans combined,” the billionaire and adamant AI fan supporter of AI, said on X…

(Reuters) – Shares in MicroStrategy were down 13% on Tuesday as bitcoin fell after the company announced it had completed a $603.75 million convertible debt offering – its second in a week – to raise money to buy bitcoin. The deal, used by the company to raise money to buy bitcoin, follows an $800 million convertible offer that it announced it had completed just a week before. The company, which also said on Tuesday that it bought 9,245 bitcoins for $623 million between March 11 and March 18, saw its shares tumble as low as $12,750, which was their lowest…

MCLEAN, Va. – HII, known formally as Huntington Ingalls Industries (NYSE: NYSE:), has secured a $305 million contract from the Defense Intelligence Agency (DIA) to support the Joint Intelligence Operations Center-Korea (JIOC-K), the company announced Monday. Under the agreement, HII’s Mission Technologies division will provide intelligence analysis and operational support services to United States Forces Korea (USFK). This contract aims to enable USFK to effectively assess enemy capabilities, identify potential threats, and forecast enemy actions. HII’s role will include organizing intelligence activities within the Korean Theater of Operations (KTO) to enhance the integration of theater and global intelligence resources to…

Amid a housing shortage and an affordability crisis, US homebuilding heated up in February as builders anticipate demand for new homes to stay strong. One sure way to improve affordability is to increase the availability of apartments to rent and homes to buy. In areas of the country where there has been robust homebuilding, rents and home price increases have been more moderate. The pace of new housing starts soared by 10.7% in February from the month before, after slumping in January, according to data released Thursday by the Census Bureau and the Department of Housing and Urban Development. Starts…

Gold price dips to $2,150 as investors turn cautious ahead of Fed’s interest rate decision. The US Dollar advances on hopes that the Fed could delay rate-cut plans. 10-year US yields fall moderately but hold strength on lower expectations for the Fed reducing interest rates in June. Gold price (XAU/USD) drops to $2,150 in Tuesday’s European session as a strong US Dollar weighs heavily on the precious metal. The appeal for Gold remains subdued amid uncertainty ahead of the Federal Reserve’s monetary policy decision and the release of the quarterly dot plot on Wednesday.  The Fed is widely expected to…

Looking into the rate of crypto adoption and the share of cryptocurrency owners in 56 countries as of February 2024, Nigeria and Turkey lead the pack, according to data from Statista. Notably, selected North American and European countries rank significantly lower. The data was gathered by the Consumer Insights Global Survey of Internet users worldwide. It includes over 2 million participants from selected countries. More specifically, the survey period was January to December 2023. There were between 451 and 10,048 respondents (18-64 years) per country. The question asked in the survey was: “Which of these financial products and investments do…

Congressional leaders on Tuesday formally announced a deal to keep the rest of the government funded through the fiscal year, but with just days to go before a key deadline, members from both parties in the House and Senate will need to cooperate in order to prevent a partial government shutdown. Speaker Mike Johnson announced the deal in a statement, saying he hopes the text of the legislation will be released “as soon as possible,” a key step expected before either chamber votes. A GOP leadership aide told CNN on Monday night that congressional negotiators had reached an agreement on…

Topline MGM Resorts denied an anonymously sourced report from last week claiming singer Bruno Mars owed the resort company millions of dollars in gambling debts accumulated at the company’s Las Vegas casinos, telling Forbes no such debt actually exists. Key Facts Jenn Michaels, the senior vice president of public relations at MGM Resorts International, told Forbes on Monday that Mars “has no debt with MGM,” adding that “MGM and Bruno’s partnership is longstanding and rooted in mutual respect” and any “speculation otherwise is completely false.” Michaels referenced a report from upstart cable news channel NewsNation published last week that claimed…