Author: Admin
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Trump to invoke emergency law for California oil producer Sable
President Donald Trump plans to invoke Cold War-era emergency powers for ?Sable Offshore as it looks to restart ?production from a cluster of offshore platforms off the southern Californian coast. Trump is preparing ?to summon authorities under the Defense Production ?Act to preempt state laws and ease permitting ?for the California oil producer. The planned…
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Geopolitical risk analysis demand surges amid U.S.-Iran tensions
Reuters reports on a ?growing industry of ex-military and national security advisors who are helping Wall Street firms identify imminent military action. Around 6 p.m. ET on the day before U.S.-Israeli air strikes killed Iran’s Supreme Leader on Saturday February 28, for example, geopolitical risk consultancy WestExec Advisors advised clients that there was a 65%…
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Iran hits Amazon data centers in jolt to Gulf AI drive
Drone strikes targeting Amazon Web Services (AWS) data centers in the UAE and Bahrain have highlighted the vulnerability of major cloud infrastructure in the Middle East. AWS has confirmed that two UAE sites were hit, disrupting regional services including banking apps. Analysts believe this marks the first military attack on major “hyperscaler” cloud providers, raising…
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Paramount’s move on Warner Bros. Discovery sparks job fears
Concerns about potential layoffs have surfaced following the announcement of Paramount Skydance’s acquisition of Warner Bros. Discovery. Andy Gordon, Paramount’s Chief Strategy Officer, assured analysts that the anticipated $6bn in merger “synergies” would not come from job cuts but rather from consolidating streaming technology and optimizing real estate. However, many industry observers, including Kevin Klowden…
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Iranian-linked cyber activity surges
The digital activity of Iranian-linked cyber groups has increased tenfold since the start of the conflict in the Middle East, according to Tel Aviv-based cyber security company Check Point Software Technologies. Attacks and activities have focused on Israel and Arab countries and have included phishing attempts and alleged “hack and leak” operations, Check Point has…