Author: IQ TIMES MEDIA
Some Formula 1 races live in the memory because of thrilling action, some for controversy, some even for being so dull they forced a rule change. And then there’s Oscar Piastri’s first F1 win, the benchmark for sheer awkwardness.Piastri is happy to be back in Hungary this week, but his breakthrough victory there last year remains a lesson for McLaren as it tries to manage his title fight with teammate Lando Norris. It’s all the more important now. Piastri has developed into a genuine title contender over the last year and leads Norris by 16 points following his victory in…
BRUSSELS (AP) — The European Union’s top court ruled on Friday that the decisions of world soccer’s governing body FIFA can be challenged outside Switzerland, opening up a system that currently binds athletes, officials and clubs to accept verdicts there.A statement from the European Court of Justice said that tribunals in the 27 EU member states “must be able to carry out an in-depth review of those awards for consistency with the fundamental rules of EU law.”The ECJ ruling in Luxembourg means that EU national courts should be able to review verdicts from the Swiss-based Court of Arbitration for Sport…
Apple is ready for some retail therapy.In a rare move, Apple CEO Tim Cook indicated interest in corporate acquisitions.”We’re very open to M&A that accelerates our road map,” Cook said on Thursday’s earnings call, referring to mergers and acquisitions. “We are not stuck on a certain size company, although the ones that we have acquired thus far this year are small in nature.”The CEO added, “We basically ask ourselves whether a company can help us accelerate a road map. If they do, then we’re interested.”Apple rarely splurges on big acquisitions. Its largest buy was Beats Electronics for $3 billion in…
Amazon earnings beat expectations in the second quarter, but it wasn’t enough to calm investors’ concerns over AI competition and its weak profit guidance.On Thursday, the e-commerce giant reported $167.7 billion in net sales and earnings of $1.68 per share, which smashed analyst estimates.Despite the strong results, the company’s stock fell 7% in after-hours trading. Investors were spooked by Amazon’s profit outlook for the third quarter, which projected operating income between $15.5 billion and $20.5 billion, against Wall Street’s estimate of $19.41 billion.From where Amazon is in the AI race to competition with Starlink, here are our four key takeaways…
SINGAPORE (AP) — The gold medals were spread around on Friday at the swimming world championships, thanks to the absence of stars Léon Marchand of France and Canadian Summer McIntosh from any finals on Day 6 in Singapore.Marchand, who has already broken the world record in the 200-meter individual medley, will try to break his own 400 IM record on Sunday, the final day.McIntosh has won three individual gold medals already and will chase two more on Saturday and Sunday as she tries for five individual golds. Only Michael Phelps has managed that at the worlds.The biggest race of the…
STANFORD, Calif. (AP) — Former Nike CEO John Donahoe has been hired as athletic director at Stanford.Donahoe will become the school’s eighth athletic director and replace Bernard Muir, who stepped down this year. He will officially begin in the role Sept. 8.“Stanford occupies a unique place in the national athletics landscape,” school president Jon Levin said in a statement. “We needed a distinctive leader — someone with the vision, judgment, and strategic acumen for a new era of college athletics, and with a deep appreciation for Stanford’s model of scholar-athlete excellence. John embodies these characteristics.”ESPN first reported the move.Donahoe graduated…
LITTLE ROCK, Ark. (AP) — A teacher who authorities say admitted to fatally stabbing a couple he didn’t know who were hiking with two of their children in an Arkansas state park is expected to have his first court appearance Friday.Andrew James McGann, 28, has been charged with two counts of capital murder in the killing Saturday of Clinton David Brink, 43, and Cristen Amanda Brink, 41. He is being held without bond and is expected to appear at the Washington County Detention Center.Arkansas State Police Col. Mike Hagar said authorities are trying to determine a motive for the attack…
2025-08-01T00:37:39Z Share Facebook Email X LinkedIn Reddit Bluesky WhatsApp Copy link lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. OpenAI is removing a feature that lets users put ChatGPT activity on search engines. The opt-in feature was a “short-lived experiment” that’ll be gone by Friday, CISO Dane Stuckey said. The feature made it easier for users to accidentally share things they didn’t mean to, Stuckey said. OpenAI quickly…
On Thursday, Amazon CEO Andy Jassy scrambled to calm investor concerns over growth at the company’s cloud and AI business.Wall Street wasn’t buying it.Jassy fielded tough analyst questions about AWS growth and its position in the AI race. The stock tumbled 7% in after-hours trading, weighed down by disappointing profit guidance and Jassy’s vague responses on AI.During the call, Jassy was asked about rival companies’ “significantly faster cloud growth.” AWS reported revenue growth of 17%, a far slower rate than Microsoft and Google’s cloud businesses.Jassy said AWS has a much bigger revenue base, which makes comparing growth rates difficult. He…
A Singapore-based deep tech startup called SixSense has developed an AI-powered platform that helps semiconductor manufacturers predict and detect potential chip defects on production lines in real time. It has raised $8.5 million in Series A bringing its total funding to around $12 million. The round was led by Peak XV’s Surge (formerly Sequoia India & SEA), with participation from Alpha Intelligence Capital, FEBE, and others. Founded in 2018 by engineers Akanksha Jagwani (CTO) and Avni Agarwal (CEO), SixSense aims to address a fundamental challenge in semiconductor manufacturing: converting raw production data, from defect images to equipment signals, into real-time…