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  • New Research Offers Businesses a Playbook for Surviving Social Media Firestorms

    By Anthony Borrelli

    This was how critics labeled a 30-second Peloton holiday ad in 2019 that featured a man giving a woman an exercise bike as a gift. Backlash was so severe that Peloton’s stock fell by about 9%, after social media erupted over perceived outdated gender roles and body image standards.

    Researchers describe this kind of reaction as online social disapproval (OSD) — the public expression of criticism against businesses on digital platforms — which can rapidly escalate into bursts of public responses with significant reputational and financial consequences. For instance, in 2023, Bud Light faced boycotts and sales declines following backlash over its partnership with a transgender influencer.

    In response, new research co-authored by Associate Professor Jinglu Jiang from the Binghamton University School of Management introduces a digital toolkit designed to help organizations anticipate, interpret, and respond to social media backlash more effectively. The conceptual paper, “Bursts of online social disapproval: leveraging analytics for comprehension and detection,”(opens in a new window) was published in the Journal of Business Strategy.

    The toolkit, developed by combining a review of existing research with real-world cases, identified four phases of OSD — preburst, initial burst, spreading and contagion, and recalibration — that explain how backlash emerges and evolves over time.

    “The whole point is that online social disapproval is different from traditional crisis management. It’s not linear; it’s more like a cycle, because of how the internet and social media algorithms create different bursting patterns affecting how these kinds of responses can spread,” Jiang said. “Negative opinions become a battlefield in the spreading phase, and sometimes one perspective emerges as more dominant. When things settle down and get back to normal, that’s when management should revert to prebursting monitoring practices, rather than just waiting for it to happen again.”

    Jinglu Jiang, associate professor in the Binghamton University School of Management.

    Jinglu Jiang, associate professor in the Binghamton University School of Management. Image Credit: Jonathan Cohen.

    Using the four phases, the study offers guiding questions and analytical indicators to give managers more robust capabilities for early detection, response, and recovery:

    • Preburst: Is there a process to monitor emerging trends within your firm?
    • Initial burst: Have you identified indicators for OSD popularity?
    • Spread and contagion: Is a company-specific burstiness threshold defined? Is a structured procedure in place to monitor OSD burst trajectories?
    • Recalibration: Have situational and long-term impact measures been defined?

    For the final phase, researchers said the critical question is not simply whether online activity has subsided, but what lasting imprint the OSD burst has left on the organization.

    “In the short term, firms can track immediate market and financial responses, such as sales fluctuations, stock price volatility, or shifts in customer traffic. These indicators provide situational feedback on the material consequences of the burst,” the study stated. “However, analytics also structure longer-term interpretations by highlighting enduring reputational shifts. Measures such as customer satisfaction, online review trends, survey-based reputation indices, and social media engagement reveal whether stakeholder trust is recovering or whether skepticism persists.”

    Each business needs to define its own baseline “normality” for how the public responds on social media to different events or situations for this type of toolkit to be effective, Jiang said. The study also cautions that older events can resurface unexpectedly, triggering renewed backlash as past news and content are rediscovered online.

    “The moment you observe that initial burst online, you need to be cautious and strategic about how you respond,” Jiang said, “because once it enters the spreading and contentious phase, it can become a social media battlefield that’s more difficult to contain. That’s something any business would want to avoid.”

    Photo: This was how critics labeled a 30-second Peloton holiday ad in 2019 that featured a man giving a woman an exercise bike as a gift. Backlash was so severe that Peloton’s stock fell by about 9%, after social media erupted over perceived outdated gender roles and body image standards.

    Researchers describe this kind of reaction as online social disapproval (OSD) — the public expression of criticism against businesses on digital platforms — which can rapidly escalate into bursts of public responses with significant reputational and financial consequences. For instance, in 2023, Bud Light faced boycotts and sales declines following backlash over its partnership with a transgender influencer.

    In response, new research co-authored by Associate Professor Jinglu Jiang from the Binghamton University School of Management introduces a digital toolkit designed to help organizations anticipate, interpret, and respond to social media backlash more effectively. The conceptual paper, “Bursts of online social disapproval: leveraging analytics for comprehension and detection,”(opens in a new window) was published in the Journal of Business Strategy.

    The toolkit, developed by combining a review of existing research with real-world cases, identified four phases of OSD — preburst, initial burst, spreading and contagion, and recalibration — that explain how backlash emerges and evolves over time.

    “The whole point is that online social disapproval is different from traditional crisis management. It’s not linear; it’s more like a cycle, because of how the internet and social media algorithms create different bursting patterns affecting how these kinds of responses can spread,” Jiang said. “Negative opinions become a battlefield in the spreading phase, and sometimes one perspective emerges as more dominant. When things settle down and get back to normal, that’s when management should revert to prebursting monitoring practices, rather than just waiting for it to happen again.”

     

    Using the four phases, the study offers guiding questions and analytical indicators to give managers more robust capabilities for early detection, response, and recovery:

    • Preburst: Is there a process to monitor emerging trends within your firm?
    • Initial burst: Have you identified indicators for OSD popularity?
    • Spread and contagion: Is a company-specific burstiness threshold defined? Is a structured procedure in place to monitor OSD burst trajectories?
    • Recalibration: Have situational and long-term impact measures been defined?

    For the final phase, researchers said the critical question is not simply whether online activity has subsided, but what lasting imprint the OSD burst has left on the organization.

    “In the short term, firms can track immediate market and financial responses, such as sales fluctuations, stock price volatility, or shifts in customer traffic. These indicators provide situational feedback on the material consequences of the burst,” the study stated. “However, analytics also structure longer-term interpretations by highlighting enduring reputational shifts. Measures such as customer satisfaction, online review trends, survey-based reputation indices, and social media engagement reveal whether stakeholder trust is recovering or whether skepticism persists.”

    Each business needs to define its own baseline “normality” for how the public responds on social media to different events or situations for this type of toolkit to be effective, Jiang said. The study also cautions that older events can resurface unexpectedly, triggering renewed backlash as past news and content are rediscovered online.

    “The moment you observe that initial burst online, you need to be cautious and strategic about how you respond,” Jiang said, “because once it enters the spreading and contentious phase, it can become a social media battlefield that’s more difficult to contain. That’s something any business would want to avoid.”

     

  • AAEON to Demonstrate Next-Gen AI Solutions at NVIDIA GTC

    AAEON’s broad line of AI edge solutions powered by NVIDIA technologies will demonstrate the versatile market potential of next-gen AI.

    (Taipei, Taiwan – Mar 3) AAEON, an industry-leading provider of edge AI solutions, will present live demonstrations of its extensive line of edge AI solutions powered by NVIDIA Jetson systems-on-module during NVIDIA GTC, the premier global AI conference.

    Date: March 16 – 19, 2026

    Booth: #149

    Venue: San Jose Convention Center, CA

    As a sponsor of the conference, which offers over 500 sessions, including panels, talks, and Q&As with industry leaders in the AI space, AAEON highlights upcoming products from its range of products built on NVIDIA Jetson Orin and NVIDIA Jetson Thor, including live demonstrations of its systems at work.

    The centerpiece of AAEON’s demonstrations at the event will be a smart vehicle safety application featuring the BOXER-8645AI, illustrating 275 TOPS of inferencing performance available for AI real-time pedestrian and vehicle detection via the tools offered by NVIDIA Jetson AGX Orin module.

    Demonstrating AAEON’s use of NVIDIA developer software will be a live demo using the NIKY-2155-NX, AAEON’s first Panel PC powered by NVIDIA Jetson Orin NX, which will run models built using NVIDIA Blueprint for Video Search and Summarization (VSS). This demonstration will illustrate the advances in AI video understanding and interaction, and how they have the potential to revolutionize how we access, analyze, and interact with video content.

    AAEON will also host a live demonstration focusing on using compact edge AI to streamline operations in industrial and commercial settings, featuring the upcoming RTC-1210-Nano, a rugged tablet computer powered by NVIDIA Jetson Orin Nano.

    Joining AAEON’s live demonstrations will be video demonstrations of collaborative solutions from AI-driven motion capture specialist Red Pill Lab and Yo-Kai Express, a company leading the way in applying physical AI robotics to the restaurant world.

    The first of these video demonstrations will illustrate how Red Pill Lab’s multi-camera, multi-actor markerless motion capture software can be executed on AAEON’s MAXER-5100 for animation, VFX, game development and robotics applications.

    Meanwhile, a video demonstration from Yo-Kai Express will show a simulation of the company’s autonomous robotics cooking station, powered by the BOXER-8641AI-PLUS, with insights into the impact that key NVIDIA software development tools have had on accelerating the development of the application.

    Alongside these live demonstrations, AAEON will have a number of its systems featuring modules from across NVIDIA Jetson Orin and NVIDIA Jetson Thor lineup on display, including the BOXER-8740AI and BOXER-8741AI from AAEON’s Embedded Box PC range and the MAXER-5000, an AI Inference Server, all of which are powered by NVIDIA

    Jetson T5000 module.

    Also on show will be the BOXER-8649AI, an IP67-rated fanless embedded Al system powered by NVIDIA Jetson AGX Orin.

    “We are incredibly excited to be exhibiting at NVIDIA GTC, which will give us the opportunity to showcase the work we are doing as the next wave of AI innovation begins,” said Alex Hsueh, Associate Vice President of AAEON’s Smart Platform Business Unit. “We also look forward to providing visitors with a clear picture of how we are adopting NVIDIA’s transformative technologies, and how they can be deployed in new and exciting ways,” Hsueh added.

  • TrucksUp Partners with IOCL to Support Apna Ghar, a Government Scheme for Truck Driver Welfare

    New Delhi, Mar 03: TrucksUp has partnered with Indian Oil Corporation Limited to support Apna Ghar IOCL, a Government of India welfare scheme created for truck drivers. Apna Ghar is a mandatory initiative at identified highway fuel stations, aimed at ensuring drivers have access to clean rest areas, hygienic washrooms, and basic comfort facilities during long-distance travel. Through this partnership, TrucksUp is aligning with the government’s objective by increasing awareness of the Apna Ghar scheme among truck drivers and owners on its platform. The first of these facilities is currently operational at Baghola, Haryana, strategically located at 63/140, Delhi–Mumbai Expressway, Gurugram (122103).

    TrucksUp Partners with IOCL to Support Apna Ghar, a Government Scheme for Truck Driver Welfare

    The partnership between TrucksUp and IOCL for Apna Ghar will benefit truck drivers on the TrucksUp platform. Apna Ghar IOCL centres provide safe resting spaces, clean washrooms, drinking water, and essential amenities for truck drivers on long journeys. These centres are part of a national driver welfare programme, and TrucksUp will explore the Apna Ghar scheme with IOCL to more cities and highway routes across India. TrucksUp will continue to support this initiative by ensuring drivers on its platform are informed about the purpose and availability of Apna Ghar facilities, contributing to safer and more comfortable journeys.

    Commenting on the partnership, Sarthak Elwadhi, Co-founder, TrucksUp, said,

    “Apna Ghar is an important government initiative focused on the welfare of truck drivers, who are the backbone of India’s logistics system. By partnering with IOCL, TrucksUp is supporting a structured effort to improve driver comfort and safety. Access to clean and safe facilities helps reduce fatigue, improves morale, and leads to safer roads and a stronger logistics ecosystem.”

  • MWC 2026: Amdocs Collaborates with Microsoft to Bring AI-Accelerated Application Modernization to Enterprises

    MWC 2026: Amdocs Collaborates with Microsoft to Bring AI-Accelerated Application Modernization to Enterprises

    Joint collaboration combines the Amdocs’ Agentic Services, as part of Amdocs agentic operating system, aOS, with Microsoft’s AI technologies to help enterprises modernize faster, at scale, and with greater resilience.

    JERSEY CITY, NJ – Mar 03 — Amdocs (NASDAQ: DOX), a leading provider of software and services to communications and media companies, today announced a collaboration with Microsoft to deliver AI-accelerated application modernization solutions designed to drive measurable business outcomes, from business case to execution, while helping enterprises transform their technology landscape into an agent-ready foundation. In this approach, cloud migration is a key enabler within a broader modernization journey, supporting improved quality and efficiency across the enterprise technology lifecycle.

    Amdocs delivers its cloud migration, modernization, and quality engineering expertise through its multivendor Amdocs Agentic Services, which includes Microsoft technologies like Microsoft Foundry (including Azure Open AI in Foundry Models), Microsoft Migration Agents, GitHub Copilot and Fabric IQ. Enterprises can deploy a coordinated set of Amdocs and Microsoft IT agents that automate and orchestrate end-to-end modernization activities, enabling accelerated refactoring, strengthened architectural resilience, and seamless migration to Microsoft Azure.

    At the core of the solution is Amdocs Agentic Services, part of the Amdocs agentic operating system (aOS), which orchestrates specialized agents from across Amdocs Studios into coordinated, multi-agent workflows. Delivered through a growing library of pre-built, customizable workflows, the agentic services operationalizes AI across modernization initiatives at scale. This scalable model simplifies execution, enhances quality and consistency, and delivers measurable business outcomes with full observability and control.

    “This collaboration with Microsoft marks a pivotal step forward in shaping how enterprises modernize at scale,” said Anthony Goonetilleke, Group President of Technology and Head of Strategy at Amdocs. “Powered by Amdocs aOS, with AI embedded at the core of execution, we are reimagining modernization as an agent-led, intelligently orchestrated process that helps organizations address technical debt and achieve enterprise-grade speed and efficiency.”

    “Enterprises today are looking for practical, scalable ways to modernize their applications while minimizing risk and disruption,” said Rick Lievano, Worldwide CTO, Telco, Media & Gaming at Microsoft. “By combining Microsoft’s AI capabilities with Amdocs’ deep modernization expertise to deliver Service-as-Software, this collaboration empowers customers to accelerate their cloud journeys on Microsoft Azure with greater confidence, speed, and efficiency.”

    Amdocs and Microsoft will share more about how they are collaborating to drive innovation at Mobile World Congress (MWC) 2026, the world’s largest telco conference. Amdocs will demonstrate its cloud transformation-specialized agents at its partner demo corner pods at the booth, and Microsoft will showcase the solution at its booth.

     

     

     

  • The Central African Republic has launched a high-quality digitization project

     

     
     
     
     
     
    The platform is built on an open-source microservices architecture with high resiliency (99.8% availability), encrypted data structure, and API interoperability
     
    BANGUI, Central African Republic, Mar 3: A historic step in the modernization of the Central African Republic’s public administration. With the official launch of the Dûnîa digital platform, an entire ministry was fully digitized for the first time – both in terms of internal processes and cooperation with external partners.

    The platform was developed on behalf of the Ministry of Economy, Planning and International Cooperation (MEPCI) and marks a unique structural shift in the governance of economic policy, development planning and international partnerships.

    The official launch of this Platform took place on February 23, 2026 under the patronage of the President of the Republic, Head of State, Professor Faustin Archange Touadera, and is under the banner of the National Development Plan (NDP-2024-2028).

    “Dûnîa is much more than just an e-government project. It is an integrated, modular and scalable digital platform that maps all of the ministry’s administrative, operational and strategic processes. A strategic lever for development and digitalisation – and an important element of our Ambition28 programme,” says Professor Richard Filakota, Minister of Economy, Planning and International Cooperation.

    On the platform, all HR and budget management processes of the Ministry of the Economy are automated: document management is managed entirely electronically, project management is digitally centralized, macroeconomic analyses are modeled based on data and international funding is tracked transparently. The platform is built on an open-source microservices architecture with high resiliency (99.8% availability), encrypted data structure, and API interoperability.

    Concrete gains in efficiency and transparency

    Digitalization brings measurable improvements. Administrative processing times are reduced by up to 70%. Around 40% of human resources can be used for value-added tasks in the future. In the case of recurring administrative costs, a potential savings of up to 30% is expected.

    In addition, all processes will be fully digitally traceable in the future to minimize the risk of corruption. After all, reporting is carried out in accordance with international standards – and in an automated way.

    Of particular importance is the new central project register, which for the first time brings together all governmental, international and humanitarian projects in a common database. This reduces information gaps and avoids duplication of structures – an important step towards making more effective use of international development funds.

    Digital governance of more than $9 billion in development finance

    The platform directly supports the implementation of the National Development Plan 2024–2028, for which more than USD 9 billion has been mobilized as part of the International Investors Roundtable held in Casablanca in September 2025.

    By grouping and digitally coordinating all projects, overlaps can be reduced and a potential savings of 15 to 20 percent can be realized. In addition, outflows of funds are accelerated, impact assessments are improved and territorial imbalances are compensated. This makes digitalization the central instrument for effective development management.

    The development and implementation of Dûnîa is carried out in partnership with the Central African technology company EDEN TiiiT, led by Cédric PIDJOU who pre-financed the previous phases of the project from his own funds.

    “This model underlines the growing role of the local private sector in the country’s digital transformation and sends a strong signal to international partners and investors,” says Professor Richard Filakota. “With Dûnîa, the Central African Republic is positioning itself as a pioneer in digital administrative modernization. A model of digital sovereignty for a country! »

    This platform strengthens the state’s capacity for action, increases transparency and accountability, and creates the basis for evidence-based policymaking. The digitalization of the Ministry is therefore not only a technological step, but also a strategic cornerstone for sustainable growth, institutional stability and international partnership.

    The name Dûnîa means “the world, the universe, a place with an infinite number of solutions” in Sango, the local language. It was chosen to symbolize the opening of the CAR to the world, its repositioning among the countries with high digital potential, and the acceleration of its economic growth thanks to an infinite number of innovative solutions.

     
  • TLD Group and Northeast Georgia Health System Mark Six Years of Adaptive Leadership

    NEW YORK, NY, Mar 3: The Leadership Development Group, Inc. a leading healthcare talent development firm specializing in customized leadership development solutions for executive and clinical leaders, and Northeast Georgia Health System  recently named by Newsweek as one of America’s Greatest Workplaces for overall workplace culture, healthcare, diversity, and for women,  are proud to commemorate a six-year partnership that has transformed leadership development across the organization.

    What began as a physician-focused leadership academy has evolved year-over-year to include Dyad Leaders and Advanced Practice Providers  reflecting NGHS’ commitment to adaptability, innovation, and impact. Together, TLD Group and NGHS have built flexible leadership academies that not only strengthen individual capabilities but also foster interdisciplinary collaboration and reinforce NGHS’ commitment to evolving clinical leadership models.

    NGHS launched its inaugural Applied Physician Leadership Academy in 2020 with a pioneering cohort of 29 senior medical directors and physician leaders during the height of the Covid 19 pandemic. Since then, the program has flourished, graduating more than 115 physicians and establishing a powerful leadership pipeline to guide the health system’s future. Building on this success, NGHS introduced the Applied Dyad Leadership Academy (ADLA) in 2023, equipping physician and administrative leaders  including nurse managers and operational leaders  with the collaborative skills essential to the dyad leadership model. To date, more than 35 dyads have completed the program. 2025 marked another milestone as NGHS expanded APLA to include Advanced Practice Providers (APPs) alongside physicians, further broadening the scope of leadership development. In total, by the end of 2026, NGHS will have graduated more than 225 physicians, nurse managers, and APPs  reflecting its deep and ongoing investment in cultivating the next generation of leaders across the system.

    “Our leadership academies have become a cornerstone of how NGHS develops talent. By evolving from physicians to dyads to APPs, we have created a culture of collaboration and adaptability that directly benefits our patients and our community,”

    said Dr. Deepak Aggarwal, NGHS Physician Champion of Provider Leadership. 

    “The focus on self-awareness, team-building, and strategic thinking has empowered our leaders to lead more effectively, especially in an evolving healthcare landscape.”

    Through TLD Group’s customized design approach, the academies have iterated over time to include new participants that reflect the evolving structure of clinical leadership at NGHS. Each academy incorporates customized workshops, strategic project work, and coaching. Year over year participants have demonstrated significant improvements in key leadership dimensions including Self-Awareness, Building Effective Teams, Business Fundamental, Dyad Leadership, and Strategic Change Management. Strategic projects challenged teams to address organizational priorities such as mentorship, social media strategy, AI, career pathways, and resource optimization. Participants highlighted the experience as a valuable laboratory for applying leadership tools to real-world challenges.

    NGHS’ commitment to sustained learning is further reflected in its “Dinner & Discourse” series  a set of post-graduation evening sessions that reinforce program concepts and foster alumni engagement. This initiative supports continuous leadership growth and bonding among past participants. Leadership development efforts have also correlated with marked improvements in organizational engagement. According to NGHS’ Press Ganey engagement survey data, employee and physician engagement scores have steadily increased over the last few years, underscoring the broader impact of TLD Group’s academies on NGHS’ performance and culture.

    “At NGHS, we know that leadership drives transformation. This partnership with TLD Group has ensured that our leaders are not only prepared for today’s challenges but also equipped to shape the future of healthcare, said Matt Hanley, MD, President and CEO of NGHS.

    “We are honored to celebrate six years of partnership with NGHS. Their willingness to iterate and expand the academies each year reflects a true commitment to impact, innovation, and leadership across the health ecosystem,”

    said Tracy Duberman, PhD, President and CEO of TLD Group.

    “We’re thankful we have worked together to cultivate leaders who are shaping the future of healthcare.”

    Northeast Georgia Health System  is a non-profit on a mission of improving the health of the community in all they do. Their team cares for more than one million people across the region through five hospitals and a variety of outpatient locations. Northeast Georgia Health System (NGHS) has campuses in Gainesville, Braselton, Winder, Dahlonega, and Demorest – with a total of more than 1,000 beds and more than 1,500 medical staff members representing more than sixty specialties. 

    The Leadership Development Group is a talent development consulting firm. Through its customized leadership solutions, TLD Group ignites leaders, teams, and organizations to align their passion to purpose to transform the healthcare industry. TLD Group works with the most influential players in the industry  providers, payers, health systems, pharmaceutical companies, policymakers, health-adjacent, and those looking to disrupt. TLD Group’s talent development solutions create leaders who are collaborative change agents capable of executing mission-critical organizational strategies.

  • Today’s market analysis on behalf of Michael BrownSenior Research Strategist at Pepperstone

    DIGEST – Market attention remained squarely on the Middle East yesterday, though initial risk-aversion pared as the day wore on, with equity dip buyers out in force again. Headline-watching will remain the order of the day today.

    WHERE WE STAND – Participants maintained a laser-like focus on geopolitical developments yesterday, as conflict in the Middle East continued, and headline noise remained deafening.

    Clearly, we all hope that the situation calms in short order, and that hostilities are brought to a relatively swift end. At this stage, however, such a conclusion seems unlikely, at least in the short-term, with rhetoric from both the US-Israeli, and Iranian, sides indicating preparedness for a prolonged conflict, and thus far signalling little desire to de-escalate or negotiate.

    Crucially, though, the Iranians have signalled that oil infrastructure of countries within the Gulf are not targets of their military strikes, while the Strait of Hormuz remains open, even if the majority of tankers are at a standstill nearby, awaiting confirmation they will receive clear passage, as well as appropriate insurance coverage. All that allowed crude benchmarks to pare around a third of the opening gap higher, and for Brent to pullback beneath the key $80bbl mark, as some degree of the extreme risk premium priced at Sunday’s open was removed.

    Besides Brent trimming gains, there were two distinct themes dominating the price action yesterday.

    Firstly, there was a general desire to preserve capital, as participants sought havens in which to shelter from geopolitical news flow, and batten down the hatches to a degree. For most, gold was the haven of choice, with bullion briefly taking a look above $5,400/oz once again before paring a chunk of the gains, while the dollar also attracted inflows, advancing around 1% against a basket of peers. In case it were in any doubt, this again proves that, when push comes to shove, the greenback is still the ‘cleanest dirty shirt’ in the FX universe; so much for the ‘Sell America’ trade!

    Interestingly, the Swissie didn’t attract the haven inflows that I’d expected, though this was largely as a result of the SNB noting their ‘increased preparedness’ to intervene in the FX market in light of the international situation. That jawboning clearly dented the attractiveness of hiding out in the CHF, while the JPY also faced some fairly chunky headwinds, largely a reflection of Japan being a significant energy importer.

    This brings me to the second distinct theme, where participants traded geopolitical risk through the lens of a commodity shock. This was evident not only via that JPY weakness, but with other big energy importers, such as the GBP, also seeing notable downside.

    Such a theme was even more obvious in the rates space, with Treasuries – and govvies across DM – trading substantially softer on the day across the board. The belly underperformed, largely unwinding the outperformance seen last week, with the benchmark 10-year Treasury yield in turn poking its head back above 4.00%. The prices paid metric in the ISM manufacturing survey rising to its highest level since June 2022 didn’t help much here either.

    I’d argue that a lot of the pressure here, as well as the hawkish repricing in G10 STIR curves, is probably overdone, considering not only that an energy price shock will only prove inflationary if it is sustained, but also bearing in mind that policymakers almost always look-through the impact of energy prices in any case.

    Amid all that, equity dip buyers wasted no time in entering the fray, with both spoos and the NQ paring opening declines of over 1%, to end the day in the green. Although stocks here in Europe did end the day in the red, largely a function of the aforementioned commodity shock, I think this on the whole speaks to participants re-focusing away from headline noise, and instead reflecting on what remains a robust fundamental backdrop for risky assets, amid strong earnings growth, and a robust underlying economy. Obviously, a degree of caution may prevail in the short-term, though I remain in dip-buying mode, as the ‘path of least resistance’ should continue to lead higher over the medium-run.

    Lastly, I’ll reiterate what I said yesterday, in that we are already seeing the ‘half-life’ of geopolitical headlines shorten rather significantly, with market attention increasingly turning towards the potential for ‘off ramps’ and ‘de-escalation’. Though we are not at that stage yet, there is still little that leads me to believe that this will prove different to the usual manner in which geopolitical events tend to shake out for markets. Namely, that this will prove a short-term shock, not a trigger for a durable or longer-lasting change in the overall direction or theme.

    LOOK AHEAD – I’ll go through it anyway, but with geopolitics the focus, I can almost guarantee that today’s calendar events won’t matter one bit.

    Last month’s ‘flash’ eurozone inflation figures are the only notable data release, with both headline and core CPI metrics set to remain unchanged at 1.7% YoY and 2.2% YoY respectively, adding further evidence to the case for the ECB’s easing cycle to be at an end.

    Elsewhere, a handful of central bank speakers are due, including influential Fed voter Williams, and BoJ Governor Ueda, though neither is likely to say too much about the impact of recent events. Meanwhile, on the earnings front, notable reports come from the likes of Target (TGT) before the open, and CrowdStrike (CRWD) after the close.

  • Holi Celebrations Get Costlier; Salaried Indians Opt for Smarter Cash-Flow Planning: Rupee112

    Urban India’s Holi celebrations are witnessing a steady rise in expenses, reflecting broader shifts in consumption patterns among salaried households. Traditionally a community-driven festival marked by modest spending, Holi is now increasingly associated with travel plans, social gatherings, lifestyle purchases, and experiential celebrations — placing short-term pressure on monthly budgets.

    Financial platforms tracking salaried consumer behaviour suggest that the core challenge is not necessarily rising costs, but timing mismatches between fixed income cycles and festive spending.

    According to Rupee112, festivals such as Holi often coincide with existing financial commitments including rent payments, EMIs, insurance premiums, and routine household expenses. This overlap can create temporary liquidity gaps for working professionals operating within fixed income structures.

    “Salaried individuals typically operate within fixed income structures. Festivals introduce additional discretionary spending within the same cycle, which often requires better cash-flow management rather than large-scale borrowing,” said Kuldeep Yudhuvanshi, Business Head, Rupee112.

    The company has observed a visible shift in borrowing behaviour during festive periods. Instead of turning to informal credit channels or withdrawing long-term savings, salaried consumers are increasingly opting for short-term personal loans tailored to manage planned expenses. This trend reflects a gradual normalisation of digital credit as a budgeting tool rather than an emergency fallback.

    Industry observers note that fully digital lending processes, minimal documentation requirements, and faster approval timelines are driving this transition. The appeal lies in accessing unsecured credit aligned with predictable salary inflows, enabling borrowers to distribute festive expenses across manageable repayment cycles without disrupting savings or long-term investments.

    Rupee112 highlights that younger professionals and first-time credit users are at the forefront of this shift.

    “There is growing financial awareness among salaried borrowers. The objective is to preserve liquidity while maintaining financial discipline, especially during lifestyle-heavy spending periods like festivals,” Yudhuvanshi added.

    The evolving borrowing behaviour also mirrors India’s expanding consumption economy, where celebrations are becoming more experience-led, while financial decisions are increasingly structured and technology-enabled.

    As inflationary pressures continue to influence discretionary spending, Holi may remain vibrant and celebratory. However, for many salaried Indians, the real transformation lies in how festivities are financed. Managing cash flow — rather than scaling back celebrations — is emerging as the preferred and more sustainable approach.

  • HANMI Semiconductor Deepens Strategic Partnership with Micron at India ATMP Facility’s Opening Ceremony

    HANMI Semiconductor Deepens Strategic Partnership with Micron at India ATMP Facility’s Opening Ceremony

      Director Jong-Jin Lee and Executive Vice President Myung-Ho Lee of HANMI Semiconductor attended the grand opening ceremony of Micron’s first semiconductor manufacturing facility in India on February 28. During the event, HANMI Semiconductor received a commemorative plaque for DDR5 DRAM produced in India from Micron Chairman and CEO Sanjay Mehrotra.

    SEOUL, South Korea (Mar 3) — HANMI Semiconductor today announced that it attended the grand opening ceremony of Micron Technology’s semiconductor facility in Sanand, Gujarat, India, on February 28. The facility marks Micron’s first semiconductor manufacturing plant in India.

    The inauguration ceremony was attended by Indian Prime Minister Narendra Modi, who delivered a commemorative address, along with senior government officials, Micron Chairman and CEO Sanjay Mehrotra, and other key executives.

    HANMI Semiconductor was invited as a key equipment supplier to Micron’s India facility, reaffirming its position as a key strategic partner.

    Micron’s plant in India is an advanced packaging facility backed by a total investment of USD 2.75 billion and supported by financial incentives from the Government of India. Aimed at strengthening the country’s semiconductor industry, the project has been designated as a national strategic initiative, with the Government of India providing 50% of the investment in subsidies and the State of Gujarat contributing an additional 20%. The facility is expected to serve as a strategic hub for testing and packaging high-performance AI memory products, including multi-die GDDR (Graphics DRAM) and enterprise SSDs (stacked NAND Flash).

    The DDR5 DRAM currently being produced in Gujarat, India, is based on Micron’s most advanced DRAM technology, utilizing its latest 1-gamma process node. Micron announced that it plans to begin packaging and testing tens of millions of chips this year, with production expected to scale to hundreds of millions next year. Accordingly, it is expected that KRW 2 trillion (approximately USD 1.4 billion) will be invested in advanced semiconductor packaging equipment, including TC bonders used for stacking AI memory semiconductor chips.

    The facility also holds historic significance as the first project approved under the “India Semiconductor Mission 2.0” and as the first semiconductor manufacturing facility established in the country. It is widely regarded as a major milestone in India’s advancement toward becoming a key hub in the global semiconductor supply chain. Through the initiative, the government has introduced an incentive program of approximately USD 10 billion to advance the country’s ambition of becoming a global semiconductor manufacturing hub.

    Advanced bonding technology and rapid technical support are critical to ensuring the stable operation of the new facility. As a core supplier to Micron, HANMI Semiconductor plans to fly in engineers to India to provide on-site technical support and operate training programs, reinforcing its long-term strategic collaboration. Building on this partnership, the company received the “Outstanding Supplier Performance Award” from Micron in 2025.

    “HANMI Semiconductor’s participation in Micron’s grand opening of semiconductor facility in India and the roundtable reaffirms our position as a key supplier in the global semiconductor supply chain,” said a HANMI Semiconductor official. “As Micron’s key supplier, we will continue to dispatch engineers to India and provide close technical support to ensure the highest level of customer satisfaction.”

     

     

  • Tenable Research Reveals Growing AI Exposure Gap Fueled by Supply Chain Risks and Lack of Identity Controls

     

    Dubai, UAE. – (Mar 2)Tenable® (NASDAQ: TENB), the exposure management company, today released its Cloud and AI Security Risk Report 2026. The research reveals organizations face a zeromargin AI exposure gap as they inherit cyber risks faster than they can address them. Engineering velocity — driven by AI adoption, third-party code and cloud scale — has outpaced the human-led ability to assess, prioritize and remediate risks before threat actors exploit them.

    The AI Exposure Gap is a largely invisible form of exposure that emerges across applications, infrastructure, identities, agents and data, and that most security teams are not equipped to manage. Tenable’s analysis of cloud environments identifies severe risks across four key security areas: AI security posture, supply chain attack vectors, least privilege implementation and cloud workload exposure — all of which demand immediate attention. The report includes actionable guidance for security and business leaders to reduce risk across cloud and AI environments.

    Key findings from the Cloud and AI Security Risk Report 2026 include:

           70% have integrated at least one AI or Model Context Protocol (MCP) third-party package, embedding AI deep into applications and infrastructure, often without central security oversight.

           86% host third-party code packages with critical-severity vulnerabilities, making the software supply chain a primary and persistent source of cloud exposure. Furthermore, nearly 1 in 8 (13%) have deployed packages with a known history of compromise, such as the s1ngularity or Shai-Hulud worms.

           18% of organizations have granted AI services administrative permissions that are rarely audited, creating a “pre-packaged” catalog of privileges for attackers to claim.

           Nonhuman identities such as AI agents and service accounts now represent higher risk (52%) than human users (37%), forming “toxic combinations” of permissions and access that fragmented tools fail to connect.

           65% possess “ghost” secrets—unused or unrotated cloud credentials—with 17% of these tied specifically to critical administrative privileges.

           49% of identities with critical-severity excessive permissions are dormant.

    Liat Hayun

    AI systems embedded in infrastructure pose a critical risk that CISOs and defenders must address, in addition to anticipating emerging threats from both AI and cloud technologies. Lack of visibility and governance means teams are at the mercy of new exposures, including over-privileged identities in the cloud,” said Liat Hayun, Senior Vice President of Product Management and Research at Tenable. “By focusing on the unified exposure path, organizations can stop managing ‘security debt’ and start managing actual business risk.”

    To manage emerging risks, organizations must secure the AI integration process through comprehensive visibility and identity-centric controls. This includes enforcing least privilege for AI roles, neutralizing “ghost” identity risk and eliminating static secret exposure. Third-party code and external accounts are now extensions of organizations’ infrastructure; steps to reduce extended supply chain exposure include unifying visibility across code packages, virtual machines, identity access and cloud environments.

    The 2026 Cloud & AI Security Risk Report presents findings from the Tenable Research team, analyzing anonymized telemetry from diverse public cloud and enterprise environments collected from April to October 2025 (AI findings extended through December 2025).

    Exposure Management is the practice of identifying, evaluating, and prioritizing the risks posed by all entry points an attacker could exploit. This includes not just software vulnerabilities (CVEs), but also misconfigurations, excessive user privileges (identity risk), cloud security gaps, and the “shadow” assets created by AI and third-party supply chains.