Author: OMN AI

SK Hynix and Samsung will profit from surging demand for high-bandwidth memory as OpenAI launches its $500bn Stargate project.Shares jumped sharply in Seoul, with SK Hynix up 10% and Samsung Electronics rising more than 3%.Both firms will supply HBM chips for OpenAI’s supercomputer, securing a critical role in the global AI push. Samsung leads global DRAM and NAND flash production, powering data centers, servers, and smartphones worldwide.SK Hynix ranks second in DRAM output and dominates HBM, supplying ultra-fast chips for Nvidia AI processors.Together, they control over half the memory market, shaping prices, capacity, and technology direction in the digital economy.…

Elon Musk has become the first person in history to hold a fortune above $500bn. The record reflects the rising value of Tesla and his other companies this year. His wealth briefly reached $500.1bn on Wednesday afternoon in New York. It then dipped slightly to just over $499bn, according to Forbes’ billionaires index. Valuations of Musk’s other firms, including artificial intelligence startup xAI and rocket company SpaceX, have also surged in recent months. Musk secures top spot among billionaires The achievement further cements Musk as the world’s richest man. He stands far ahead of other global tech leaders. Oracle co-founder…

Eurozone inflation climbed to 2.2% in September, rising from 2.0% in August, Eurostat reported.Monthly prices increased 0.1%, repeating August’s pace, while core inflation held steady at 2.3%.Services led price gains with a 3.2% annual rise, and food, alcohol, and tobacco rose 3.0%. Energy prices fell 0.4%, easing from August’s 2.0% decline, while non-energy industrial goods remained at 0.8%.Estonia recorded the highest inflation at 5.2%, followed by Croatia and Slovakia at 4.6% each.Cyprus saw no change, France increased 1.1%, and Italy and Portugal rose 1.3% and 1.0% respectively. ECB Maintains Rates Amid Rising Prices The ECB kept its deposit facility rate…

The sunscreen safety scandal in Australia is spreading fast. Authorities have already withdrawn 18 products from store shelves over safety risks. Well-known sunscreen brands implicated In June, a consumer advocacy group revealed that several popular sunscreens failed to meet their advertised protection. Ultra Violette’s Lean Screen Skinscreen claimed SPF 50+ but tested at just SPF 4. The company recalled it voluntarily in August. The medicines regulator has since warned about 20 more sunscreens from different brands. Each of them used the same base formula, which showed major weaknesses in testing. Alarming SPF results from investigation Preliminary tests found the base…

Denmark Restricts Civilian Drone Operations The Danish capital is hosting a major European summit under heightened tension following a surge of unauthorized drone activity. Several airports were temporarily closed, and military facilities went on high alert as unidentified drones were detected. Authorities have responded by banning all civilian drone flights across the country, citing threats to both infrastructure and public safety. Allies Provide Reinforcements to Secure the Summit To support Denmark’s security efforts, neighboring countries have sent personnel and equipment. Sweden, Germany, and France deployed troops, surveillance systems, and anti-drone technology to help safeguard the event. Officials characterized the operation…

Zhimin Qian, 47, tricked over 128,000 people in China and tried to hide stolen cryptocurrency in the UK.UK courts convicted Qian of leading a Bitcoin scam connected to the world’s largest crypto seizure, worth £5.5 billion.Also called Yadi Zhang, Qian admitted at Southwark Crown Court to unlawfully acquiring and holding cryptocurrency. Escape and Laundering Efforts Police said her guilty plea followed a seven-year international money laundering investigation.From 2014 to 2017, Qian ran a huge fraud in China, converting victims’ money into Bitcoin assets.She fled China using fake documents and entered the UK, attempting to launder the funds by buying property…

Donald Trump has again threatened to impose a 100% tariff on all films produced outside the United States. He claimed that other nations had “stolen” America’s movie industry. California in the spotlight On Monday, Trump said California had been hit hardest by the current situation. He argued the new levy would “solve this long time, never ending problem”. In May, he had already announced talks with Hollywood executives. At that time, he warned the US film business was dying “a very fast death”. Tariffs already hitting other products His latest remarks followed the launch of new tariffs in other sectors.…

Researchers tested VER-01, a cannabis-derived extract, on adults suffering persistent lower back pain. Patients reported meaningful pain relief over several months. Scientists developed VER-01 to reduce pain without causing addiction or severe side effects. Chronic lower back pain affects around 619 million people globally, making it the leading cause of disability. Traditional treatments like opioids carry high addiction risks, while NSAIDs, including ibuprofen, can harm the heart and digestive system. Many patients struggle to find effective alternatives, highlighting a critical need for safer therapies. Clinical Trial Shows Measurable Benefits The study enrolled 820 adults who failed to respond to non-opioid…

EU Introduces Biometric Border ControlsStarting October 12, 2025, Americans visiting Europe will encounter a new entry process under the European Union’s Entry/Exit System (EES). Passport stamps will be phased out and replaced with electronic records. Travelers will be required to submit a facial photograph and four fingerprints at airports, seaports, and land border crossings within the Schengen area. Who Must Comply and ExemptionsThe new system applies to short-term visitors from non-EU countries, including U.S. citizens traveling visa-free. Biometric information is collected during the first entry and stored for future use, allowing faster processing on subsequent trips. Children under 12 are…

Insider threats remain one of cyber-crime’s darkest tactics. Few employees ever face them. Even fewer describe what happens inside. I recently experienced one firsthand. A criminal group approached me with an unsettling offer: betray my employer for millions. The approach on Signal The message appeared suddenly. “If you are interested, we can offer you 15% of any ransom payment if you give us access to your PC.” The sender called themselves Syndicate. They contacted me in July through Signal, an encrypted app. I had no clue who they were, but I knew exactly what they wanted. The deal was clear.…