Larry Ellison’s Oracle signed a contract worth up to $7 billion with the U.S. Department of War last week to provide software for the military over the next decade, sending its stock up about 3 percent after the announcement of the deal, CNBC reported.
Category: 28 July 2026
TRUMP DOWNPLAYS THE WORD ‘AFFORDABILITY’ AS A MADE-UP WORD TO HURT HIM POLITICALLY
President Donald Trump told a crowd in Georgia last week that the word “affordability” was created by his opponents in hopes of scoring political points and insisted that any rise in prices is temporary and coming down “very rapidly.”
LETTER WARNS LEADERS OF AI’S POTENTIAL DANGERS TO ECONOMY
Almost 200 economists and noted technologists have signed an open letter, entitled “We Must Act Now,” warning policymakers that AI is poised to bring changes more quickly than they realize and that they must shape policies to anticipate AI’s possible impacts on jobs and the economy.
U.S. TO BEGIN PRODUCING DRONE BOATS DESIGNED BY UKRAINE, AS TWO MILITARIES GROW CLOSER
A manufacturer in Portland, Ore., will start producing drone boats designed by the Ukrainian military during the war against Russia in what is seen as the latest sign of the Pentagon and Kyiv’s blossoming relationship.
BIG CHEMICAL NEWSWATCH: CONTAMINANTS IN WATER LINKED TO UTERINE CANCER RISK + MORE
Higher levels of trihalomethanes (THMs) — a disinfection byproduct of the drinking water treatment process — were linked to a higher risk of uterine cancer among a cohort of California women.
CHINA CONSIDERS TIGHTER EXPORT CONTROLS ON ADVANCED AI
Chinese regulators are in discussions with the country’s AI industry leaders about how to prevent China’s leading AI labs and advanced technologies from being acquired by Western interests, the Financial Times reported.
IRAN ACCUSES UKRAINE OF FOLLOWING ISRAELI ORDERS IN DEADLY ATTACK ON IRANIAN VESSEL IN CASPIAN SEA
Iran’s top diplomat accused Ukraine of following orders from Israel when it decided to launch a deadly strike on an Iranian-flagged commercial vessel in the Caspian Sea, which killed a sailor.
CHINESE AI RESCUES HUGGING FACE FROM ROGUE OPENAI AGENT’S ATTACK
When AI hub Hugging Face was attacked earlier this month by a rogue OpenAI agent, the hub tried to use U.S.-made AI models for help. However, the models refused because the request violated their operating instructions.
ECONOMIC UPDATE
As we have forecast, the Dot-com Bust 2.0 is the way of the equity market world, and it will be a market crash heard around the world.
SPOTLIGHT: CHINA’S MARCH TOWARD GLOBAL TECH DOMINANCE
China has begun a diplomatic initiative around AI development in developing nations.









