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EU probes Nuctech: Chinese security hardware maker under scanner; Market share concerns

The EU’s competition watchdog is probing Chinese security firm Nuctech over alleged unfair advantages from Beijing’s subsidies. Concerns are that grants and preferential financing allowed Nuctech to undercut rivals in supplying airport security scanners. The investigation aims to ensure a level playing field for all companies operating within the EU market. Source link

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US to help Pak upgrade its F-16s: Trump admin clears $686m deal; a message for India?

The Trump administration has notified Congress of a $686 million package to modernise Pakistan’s F-16 fleet, including avionics upgrades and tactical data links. This move, aimed at enhancing interoperability for counterterrorism, comes amid strained US-India ties and follows Pakistan’s recent diplomatic efforts with Washington. Source link

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What 'luxury shopping order' of Netflix director accused of fraud to personal assistant said

Netflix director Carl Rinsch faces a fraud trial for allegedly misusing $11 million production funds. Prosecutors claim he spent lavishly on personal items, including a $439,000 mattress and designer goods, comparing his situation to ‘Brewster’s Millions.’ His former assistant testified about extravagant purchases and luxury car usage. Source link

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Goa nightclub fire: Luthra brothers misled police – what cops told court

Goa police informed a Delhi court that nightclub co-owners Saurabh and Gaurav Luthra misled investigators and showed no cooperation after the deadly fire that killed 25. The brothers, who fled to Thailand, are seeking anticipatory bail, but police argue their actions disentitle them to such protection. The investigation into the blaze continues. Source link

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AI's $500B question: Does bigger mean smarter; Silicon Valley divided

In an ongoing debate among leading AI firms, Google’s DeepMind insists on the necessity of scaling models to reach human-like intelligence. Meanwhile, Meta’s Yann LeCun counters that this method has reached a dead end. With enormous financial investments at play and the quest for artificial general intelligence intensifying, Microsoft aims to pursue a measured compromise. […]

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‘It is a gift’: Trump pitches ‘Gold Card’ as boost for India, China students

US President Donald Trump announced the new Gold Card Visa program, aiming to retain highly skilled foreign graduates from top American universities, including Indians. This initiative seeks to address the dilemma companies face in hiring talented individuals who might otherwise be forced to leave the country, despite broader immigration crackdowns. Source link