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Hong Kong high-rise inferno leaves dozens dead and hundreds missing
Deadly fire at Hong Kong’s Wang Fuk Court kills 36, 279 missing; authorities face scrutiny over construction safety.
Deadly fire at Hong Kong’s Wang Fuk Court kills 36, 279 missing; authorities face scrutiny over construction safety.
A horrific fire has torn through Hong Kong’s Wang Fuk Court housing complex, killing at least 36 people and leaving 279 missing. The blaze erupted in the Tai Po district and quickly intensified as bamboo scaffolding helped the flames spread with alarming speed.
The complex, home to nearly 4,800 residents, was undergoing major renovations at the time of the disaster. Authorities are now facing renewed scrutiny over construction safety and the ongoing reliance on bamboo scaffolding, which has been at the centre of multiple accidents in recent years.
Chinese President Xi Jinping has expressed deep condolences and called for urgent rescue and recovery operations as emergency teams continue searching for survivors.
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Experts warn AI could trigger ‘Grey Swan’ events in the global economy
Experts warn that AI could trigger ‘grey swan events’ posing risks to economic stability, demand resilience strategies.
Experts warn that AI could trigger ‘grey swan events’ posing risks to economic stability, demand resilience strategies.
As excitement around artificial intelligence reaches new heights, experts are cautioning that the technology could spark unexpected disruptions known as ‘grey swan events’. Unlike black swans, these events are somewhat foreseeable but often underestimated, posing real threats to economic stability.
David Scutt from StoneX joins Ticker to break down what grey swans are, their potential impact on AI, and how legal, security, and innovation risks could shake the industry. He also explains how the pace of AI advancement makes it harder to anticipate and prepare for these shocks.
From resilience strategies for policymakers to the concept of antifragility coined by Nassim Nicholas Taleb, this discussion offers insights into how the world might navigate the growing AI landscape.
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#AI #GreySwan #TechRisks #InnovationShock #ArtificialIntelligence #GlobalEconomy #DavidScutt #TickerNews
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Oscars move to YouTube in landmark streaming deal from 2029
YouTube will stream the Oscars exclusively from 2029, making it free for over two billion users worldwide.
YouTube will stream the Oscars exclusively from 2029, making it free for over two billion users worldwide.
The Academy of Motion Picture Arts and Sciences has struck a landmark agreement with YouTube to stream the Oscars exclusively from 2029, marking a major shift for Hollywood’s biggest night.
YouTube will hold global rights to the ceremony from 2029 to 2033, making the event free to its more than two billion users worldwide, with added features like red carpet coverage and behind-the-scenes access.
The move reflects changing viewing habits as audiences increasingly turn to digital platforms for live events.
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#Oscars #YouTube #StreamingWars #Hollywood #FilmIndustry #DigitalMedia #EntertainmentNews #AcademyAwards
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NSW weighs urgent gun law changes after Bondi shooting as firearm caps spark backlash
NSW government to discuss urgent firearm legislation changes after Bondi Beach shooting amid rising violence concerns.
NSW government to discuss urgent firearm legislation changes after Bondi Beach shooting amid rising violence concerns.
The New South Wales government is set to discuss urgent changes to firearm legislation next week following the Bondi Beach shooting, reigniting the national debate over gun control and public safety.
The proposed reforms are aimed at tightening access to firearms and limiting individual ownership, as authorities respond to concerns about rising violence across the state.
With the number of registered firearms in NSW surging over the past decade, lawmakers say swift action may be needed to prevent further harm.
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#NSWPolitics #GunControl #FirearmLaws #BondiShooting #PublicSafety #AustralianNews #BreakingNews #TickerNews
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