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Friday, March 6, 2026

McKesson Announces Key Leadership Change: CFO Britt Vitalone to Retire, Kenny Cheung to Take the Helm

McKesson Corporation announces a planned CFO transition as Britt Vitalone retires after 20 years, with Kenny Cheung named as his successor. Learn more about the leadership change and the company's recent financial performance.

Core Scientific Secures $1 Billion Financing from Morgan Stanley, Pivots to AI Infrastructure

Core Scientific secures a $500 million loan facility from Morgan Stanley, with an option to extend to $1 billion, as it pivots its business model from Bitcoin mining to AI infrastructure.

Scorpio Tankers Strengthens Fleet with Vessel Sales and Long-Term Charters

Scorpio Tankers Inc. announces strategic fleet adjustments, including the sale of three product tankers and long-term charter agreements for two LR2 vessels, set to finalize in early 2026.

Technology

YouTuber Accuses AI Startup Runway of Stealing Content for Training

YouTuber David Gardner files a class action lawsuit against AI video startup Runway AI, alleging unlawful scraping of YouTube content for AI training data, adding to a wave of creator lawsuits against tech companies.

Core Scientific Secures $1 Billion Financing from Morgan Stanley, Pivots to AI Infrastructure

Core Scientific secures a $500 million loan facility from Morgan Stanley, with an option to extend to $1 billion, as it pivots its business model from Bitcoin mining to AI infrastructure.

Scorpio Tankers Strengthens Fleet with Vessel Sales and Long-Term Charters

Scorpio Tankers Inc. announces strategic fleet adjustments, including the sale of three product tankers and long-term charter agreements for two LR2 vessels, set to finalize in early 2026.

China Sets Ambitious 2030 Development Goals: Tech, Green Energy, and Economic Growth at the Forefront

China's 15th Five-Year Plan (2026-2030) details ambitious targets for technological innovation, economic growth, and decarbonization, aiming to boost R&D spending and reduce carbon emissions per GDP unit.

Israel Orders Beirut Evacuation Amid Escalating Middle East Conflict

Israel orders residents to leave southern Beirut amid escalating conflict. Read about the latest developments, international responses, and regional impacts of the ongoing war.

Huawei’s net profit rises to $5.1bn as it focuses on growth opportunities

Huawei Technologies Co announced on Friday that it had generated a net profit of 35.6 billion yuan ($5.1 billion) in 2022, with total revenue...

China Mobile leads collaboration with global telecom giants to draft 6G requirements and design considerations

China Mobile, the world's largest mobile carrier by subscriber numbers, is partnering with dozens of multinational telecom carriers and equipment makers to unveil a...

Chinese AI Pioneer SenseTime Collaborates with T&B Media Global (Thailand) to Boost Translucia’s Virtual World Infrastructure

T&B Media Global (Thailand) and SenseTime, the Chinese AI pioneer, have joined forces to enhance the infrastructure of Translucia, Thailand's inaugural virtual world. The...

China’s National Legislature Prioritizes Pooling of Quality Resources to Achieve Breakthroughs in Key Fields

China's national legislature recently held its annual session, during which President Xi Jinping recognized Shan Zenghai, chief engineer of Xuzhou Construction Machinery Group, who...

Guiyang aims to become China’s national computing power and algorithm supporting base

Guiyang, the capital city of Guizhou province in Southwest China, is positioning itself as a national computing power and algorithm supporting base. The city...

Industry Leaders Urged to Establish Research Institutes for Technological Innovations

During the ongoing two sessions, Yao Lijun, a member of the 14th National Committee of the Chinese People's Political Consultative Conference, called for more...

China Eyes Nuclear Power as Base Load Power Supply to Support Renewable Energy Development

A political adviser at this year's two sessions has called for nuclear power to play a more significant role in China's efforts to achieve...

China Criticizes US for Unreasonable Suppression of TikTok Amid Security Concerns

China has once again urged the United States to stop spreading false information about data security issues and unreasonably suppressing related companies. This comes...

China’s Smart Farming Technologies Revolutionize Agricultural Industry

China's agricultural industry is undergoing a transformation through the integration of cutting-edge technologies such as big data, cloud computing, and the internet with traditional...

Zhejiang Province Takes the Lead in Digital Village Construction and Agriculture Development

Zhejiang province is leading the way in the construction of digital villages and the development of digital agriculture and rural areas. The China Digital...

SenseTime Launches World’s Largest Open-Source AI Language Model, Intern 2.5

Chinese artificial intelligence pioneer, SenseTime, announced the launch of its latest invention on Tuesday - the Intern 2.5, which it claims to be the...

Huawei helps global telecom carriers achieve digital transformation with innovative technology

Huawei Technologies Co is making strides to help global telecom carriers accelerate their digital transformation with cutting-edge technologies. According to You Jiangtao, vice-president of...

China Plans $1.44 Billion Fund for Chip Development Following Vice-Premier Liu He’s Visit to IC Enterprises

The semiconductor market has become the stage for a growing rivalry between the world's two largest economies, as the US government aims to curb...

China’s Push for 5G and 6G Technology to Drive Economic Growth and Digital Transformation

According to industry experts, China's intensified push for the development of superfast wireless technology, including 5G and 6G, will provide new momentum for the...

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