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Musk Confirms Tesla Cybertruck's FSD Supervised to Hit the Road in August

Jul 29, 2024 11:31 am UTC| Technology Business

Elon Musk thrilled attendees at a California event by confirming that the Tesla Cybertruck will feature Full Self-Driving (FSD) Supervised mode starting in August. Musks Exciting Reveal at X Takeover Elon Musk...

DJI Drone Ban Axed from 2025 NDAA by US Senate: ‘Countering CCP Drones Act’ Dropped

Jul 29, 2024 10:34 am UTC| Technology Business

The U.S. Senate has excluded the controversial Countering CCP Drones Act from the 2025 NDAA, offering a reprieve for DJIs U.S. market presence. Public Safety Agencies Oppose Ban The controversial Countering CCP...

TSMC VP Boldly Declares: 'I Don't Care' About Moore's Law, Tech Scaling is the Future

Jul 29, 2024 10:08 am UTC| Technology Business

In a bold statement, TSMCs VP dismisses Moores Law as outdated, emphasizing the revolutionary potential of modern tech scaling and 3D chip packaging. TSMCs Effective Alternatives TSMC has searched for efficient means...

Qoo10 Payment Delays: South Korea Provides $400M Support, Founder Commits Personal Assets

Jul 29, 2024 09:28 am UTC| Technology Business

Vendors affected by Qoo10 payment delays will get $400 million in aid from South Korea, with the founder committing personal assets for compensation. TMON and WeMakePrice Impacted Small companies affected by payment...

Tesla Reveals Stunning Render of Giga Nevada’s Semi Factory Under Construction

Jul 28, 2024 22:02 pm UTC| Technology Business

Tesla has unveiled a new rendering of its upcoming Semi factory at Giga Nevada, showcasing the facilitys expansive design as early development begins on-site. Semi Factory Material Shipments Begin An executive from...

Tesla Energy: The Next Amazon Web Services? Here’s How It’s Transforming the Industry

Jul 28, 2024 21:11 pm UTC| Business Technology

As Teslas (TSLA) stock faces turbulence due to concerns over profitability and new product reveals, its energy division emerges as a beacon of growth and stability. Tesla Energy, encompassing everything from home Powerwall...

Coca-Cola’s Q2 2024 Earnings: Revenue Surges While EPS Disappoints – What’s Next?

Jul 28, 2024 21:05 pm UTC| Business

Coca-Cola (NYSE: KO) reported its second-quarter 2024 financial results, revealing a mixed performance that saw revenues exceed expectations while earnings per share (EPS) fell short. Despite the challenges, the beverage...

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Economy

Taiwan Stock Market Ends Higher as Semiconductor and Energy Shares Lead Gains

Taiwan stocks closed higher on Thursday, supported by broad-based gains across key sectors including semiconductors, oil, gas and electricity, as well as construction. The Taiwan Stock Exchange Weighted Index finished the...

BOJ Governor Signals Gradual Rate Hikes as Japan’s Inflation Nears 2% Target

Bank of Japan Governor Kazuo Ueda said Japans underlying inflation is steadily accelerating and moving closer to the central banks long-standing 2% target, reinforcing expectations that interest rate hikes will continue if...

UBS Warns of Short-Term Risks as Precious Metals Rally to Record Highs

Gold, silver, and platinum have surged to fresh record highs heading into the year-end holiday period, drawing strong attention across global commodity markets. However, UBS is urging investors to exercise caution, warning...

Japan Revises Economic Growth Forecast as Stimulus Fuels Consumption and Investment

Japans government has revised upward its economic growth forecast for the fiscal year ending next March and projected faster expansion in the following year, citing the positive impact of a large-scale stimulus package...

U.S. Stocks Rally to Record Highs as AI Rebound Fuels Holiday-Shortened Session

U.S. stocks closed higher on Wednesday, with the Dow Jones Industrial Average and the SP 500 finishing at record closing highs during a broad-based rally in a holiday-shortened trading session. All three major indexes...

Politics

U.S. Prioritizes Economic Pressure With Venezuelan Oil Quarantine as Sanctions Intensify

The United States has shifted its near-term military focus toward enforcing a so-called quarantine on Venezuelan oil exports, signaling a strategy that prioritizes economic pressure over direct military confrontation....

Hanwha Signals Readiness to Build Nuclear-Powered Submarines at Philly Shipyard for U.S. Navy

Hanwha Group has announced that its Philadelphia-based shipyard has the technical capability to build nuclear-powered submarines for the U.S. Navy, highlighting the South Korean conglomerates growing ambitions in the...

China’s One-Child Policy Legacy Resurfaces After Death of Former Population Chief

The death of Peng Peiyun, a former senior Chinese official who oversaw the countrys one-child policy for a decade, has reignited fierce debate on Chinese social media about the long-term impact of the controversial...

Christmas Eve Jazz Concert Canceled After Kennedy Center Renaming to Include Trump

A planned Christmas Eve jazz concert at the Kennedy Center in Washington, D.C., has been canceled following a controversial decision to rename the iconic performing arts institution to include the name of Republican U.S....

Palau Agrees to Accept Up to 75 U.S.-Transferred Migrants in Deal Tied to Increased American Aid

Palau has agreed to accept up to 75 migrants transferred from the United States after signing a memorandum of understanding (MOU) with Washington, a move that has drawn international attention amid ongoing debate over U.S....

Science

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Blue Origin’s New Glenn Achieves Breakthrough Success With First NASA Mission

Blue Origins massive New Glenn rocket marked a major milestone as it completed its first mission for paying customers, sending two NASA satellites toward Mars and successfully landing its reusable booster at sea. The...

Cogent Biosciences Soars 120% on Breakthrough Phase 3 Results for Bezuclastinib in GIST Treatment

Cogent Biosciences (NASDAQ: COGT) shares skyrocketed over 120% after the biotech company announced groundbreaking results from its Phase 3 PEAK trial evaluating bezuclastinib in combination with sunitinib for patients with...

Technology

Nvidia to Acquire Groq in $20 Billion Deal to Boost AI Chip Dominance

NVIDIA (NASDAQ: NVDA) has reportedly agreed to acquire Groq, a fast-growing designer of high-performance artificial intelligence accelerator chips, in a $20 billion all-cash transaction, according to a CNBC report. The...

Texas App Store Age Verification Law Blocked by Federal Judge in First Amendment Ruling

A federal judge in Texas has blocked the enforcement of a new state law that would have required app stores and developers to verify users ages, marking a significant legal win for major technology companies and digital...

FTC Praises Instacart for Ending AI Pricing Tests After $60M Settlement

The U.S. Federal Trade Commission has welcomed Instacarts decision to end its artificial intelligence-based price testing, a move that follows weeks of consumer backlash and regulatory scrutiny. FTC Chair Andrew Ferguson...

John Carreyrou Sues Major AI Firms Over Alleged Copyrighted Book Use in AI Training

Investigative journalist John Carreyrou, widely known for exposing fraud at Silicon Valley blood-testing startup Theranos and for authoring the bestselling book Bad Blood, has filed a new copyright infringement lawsuit...

Italy Fines Apple €98.6 Million Over App Store Dominance

Italys competition authority has imposed a 98.6 million ($115.53 million) fine on U.S. technology giant Apple and two of its subsidiaries, citing alleged abuse of a dominant market position related to the distribution of...