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Month: May 2025

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Eye-scanning crypto orbs want to save humans from bot apocalypse

[ad_1] SAN FRANCISCO: Spend enough time in San Francisco, peering into the cyberpunk future, and you may find that weird things like self-driving cars and woolly mammoths start seeming normal. On Wednesday night, people waited impatiently in a crowded room in the Marina district, gazing into a glowing white sphere known as the Orb, having your eyeballs scanned in exchange for cryptocurrency and something called a World ID. The event was hosted by World, a San Francisco startup co-founded by Sam Altman of OpenAI that has come up with one of the more ambitious (or creepy, depending on your view) tech projects in recent memory.Its basic pitch is : The internet is about to be overrun with swarms of realistic AI bots that will make it impossible to tell if we're interacting with real humans on online spaces. To solve […]

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Why Rich Dad Poor Dad’s author Robert Kiyosaki says ‘Market crashes mean real assets go on sale’

[ad_1] As markets wobble and mass layoffs ripple across industries, Rich Dad Poor Dad author Robert Kiyosaki has issued a stark warning: the world may be on the brink of a financial collapse bigger than the 2008 crisis.Kiyosaki, known for his bold predictions and unorthodox financial philosophy, believes the fear of unemployment is spreading like a virus—infecting the economy just as much as emotions.And he claims this fear may be the precursor to a “New Great Depression.”“I hope I’m wrong,” Kiyosaki said in a recent statement. “But if I’m right, I want people to be prepared, not panicked.”The crash he saw coming?In his 2004 book Rich Dad’s Prophecy, Kiyosaki predicted a catastrophic market event triggered by an unstable retirement system and a ballooning global economy. That warning seemed prophetic when the 2008 Global Financial Crisis devastated markets. Now, he says, […]

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One strike and you’re out: Trump’s harsh ‘catch and revoke’ rule could cost foreign students their visa over minor offenses

[ad_1] In a dramatic escalation of its immigration enforcement agenda, the Trump administration has rolled out a new policy enabling the US government to revoke the visas of foreign nationals—students, workers, and visitors alike—for even minor legal infractions.The “Catch and Revoke” directive, unveiled by Secretary of State Marco Rubio in the April 30 edition of the State Department newsletter, introduces a strict one-strike rule. “Whenever the government catches non-US citizens breaking our laws, we will take action to revoke their status,” Rubio stated, calling a visa “a privilege, not a right.”While the policy outlines priority revocations for crimes like domestic violence and assault, its broad and ambiguous language has drawn backlash. “They stripped student visas from people for speeding tickets,” said Aaron Reichlin-Melnick of the American Immigration Council. “Now they're suggesting they'll do the same to everyone.”The policy also singles […]

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Albanese rides anti-Trump wave; 1st Australian PM in 21 years to win 2 elections

[ad_1] Anthony Albanese became the first Australian prime minister to clinch a second consecutive term in 21 years on Saturday in a dramatic comeback against once-resurgent conservatives that was powered by voters' concerns about the influence of US President Donald Trump.Peter Dutton, chief of the conservative Liberal party, conceded defeat and the loss of his own seat - echoing the fate of Canada's conservatives and their chief, Pierre Poilievre, whose election losses days earlier were also attributed to a Trump backlash.Albanese's centre-left Labor Party had branded Dutton 'DOGE-y Dutton' and accused the Liberals of mimicking Trump and his dept of govt efficiency.Supporters at Labor's election party in Sydney cheered and hugged each other as Albanese claimed victory and said his party would form a majority govt. "Australians have chosen to face global challenges the Australian way, looking after each other […]

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SBI net dips 9.9% after one-time provision for pension liabilities

[ad_1] MUMBAI: State Bank of India reported a net profit of Rs 18,643 crore for Jan-March quarter, down 9.9% from Rs. 20,698 crore a year ago, mainly due to a one-time provision for increased pension liabilities. The bank had implemented a uniform 50% hike in pensions and adjusted payouts for inflation through dearness relief neutralisation. As a result, total provisions rose 57% to Rs 12,643 crore, with Rs 7,100 crore allocated to pension adjustment.The bank has also announced its plans to raise Rs 25,000 crore through issue of new shares - its largest capital raise so far and the first major capital raise in over a decade. The board has declared a dividend of Rs 15.9 per share.Excluding the pension provision, the quarter showed stronger performance. Operating profit rose 8.8% to Rs 31,289 crore, supported by a 39.4% jump in […]

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Days before Pahalgam attack, intelligence hinted at terror plans to hit tourist sites in Jammu and Kashmir | India News

[ad_1] NEW DELHI: Days before the Pahalgam massacre, terror chatter picked up from across the border indicated terrorists' plans to hit tourist places in J&K, particularly hotels on outskirts of Srinagar, more specifically areas like Dachigam, etc, senior officials following the investigations told TOI on Saturday.J&K Police sources, however, insisted that while intelligence was available on likely terror plans to target tourists and hotels, it was generic in nature, also naming non-local migrant labourers, Hindu pilgrims and Kashmiri pandits as potential targets and several areas like Kulgam, Pulwama, etc, as "vulnerable spots". There was no mention of Baisaran, which had no history of terror activity or attacks, in these inputs. The intelligence was followed up, with J&K Police brass camping in Srinagar to ensure that security at several prominent tourist places and hotels was tightened.Sources said the two local terrorists […]

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Courtrooms have winners & losers, but mediation’s healing: CJI | India News

[ad_1] NEW DELHI: CJI Sanjiv Khanna on Saturday said courtroom adjudication is grim and shallow, as it results in a winner and a loser - a process that fails to heal strained relationships between parties. He contrasted this with mediation, which, he said, seeks to provide a holistic solution that restores relationships.Speaking at the first National Mediation Conference inaugurated by President Droupadi Murmu, CJI Khanna said 'community mediation' provision in the Mediation Act, 2023 is salutary as this can be an effective tool to resolve disputes that are likely to affect peace, harmony and tranquility among residents or families in a specific area or locality. "This is an important step forward," he said.Justice Khanna said unfortunately mediation, which is ingrained in our civilisational history, is not mainstreamed and not first choice of parties to a dispute even though modern mediation […]

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Vance defends Trump’s AI image of himself as pope, says ‘fine with people telling jokes, not with people starting stupid wars’

[ad_1] US Vice President JD Vance, who is Catholic, defended Donald Trump's Truth Social post featuring an AI-generated image of Trump as pope, considering it merely humorous."As a general rule, I'm fine with people telling jokes and not fine with people starting stupid wars that kill thousands of my countrymen," Vance stated on X on Saturday, addressing Bill Kristol's query about disrespecting the holy father.Following Pope Francis's passing at age 88 on Easter Monday, the papal conclave is scheduled to commence on May 7 to select a successor. Vance, a Catholic, was amongst the final individuals to meet Pope Francis before his death.Trump recently expressed his interest in leading the Catholic Church, suggesting himself as the prime candidate before recommending New York-based Cardinal Timothy Dolan for the position. Notably, no American cardinal has ever served as pope.The New York State […]

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Kotak Mahindra net profit dips 14%

[ad_1] MUMBAI: Kotak Mahindra Bankreported a 14% year-on-year decline in standalone net profit to Rs 3,552 crore for the quarter ended March 2025, as rising provisions and narrowing margins weighed on earnings. For the full year, standalone profit after tax rose 6% to Rs 13,720 crore, excluding a Rs 2,730 crore gain from the sale of a stake in its general insurance unit.Including the one-time gain, annual profit rose 19% to Rs 16,450 crore. The board proposed a dividend of Rs 2.5 per share.On a consolidated basis, net profit for the March quarter dropped 8% to Rs 4,933 crore. For FY25, consolidated profit after tax rose 21% to Rs 22,126 crore, supported by a Rs 3,013 crore gain from the insurance divestment. Without this gain, profit was up 5% to Rs 19,113 crore. [ad_2] Source link

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NMC orders suspension of 26 MBBS students for NEET-2024 malpractices | India News

[ad_1] NEW DELHI: The National Medical Commission (NMC) has directed immediate suspension of 26 MBBS students found complicit in NEET-UG 2024 malpractices while admission of 14 students for academic year 2024-25 has been cancelled for adopting unfair means for the entrance exam. The action by NMC comes ahead of the NEET-UG 2025 exam scheduled for Sunday.Sources said the action against the students has been initiated based on the findings of the Central Bureau of Investigation (CBI), which is investigating the cases related to NEET UG 2024 examination. "Given the severity of these violations and their potential to undermine the credibility of the medical education system, the NMC has issued directives to the concerned medical colleges and institutions to immediately suspend the 26 MBBS students found to be complicit," said a source.Medical students' misconduct a threat to public trust: Official Further, […]

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