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Wed, Apr 15, 2026 03:45 PM All times are UTC

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US Commerce Secretary Asserts Huawei Chip Lag, Affirms Export Control Success

Apr 22, 2024 02:44 am UTC| Technology Business Politics

In an interview on CBS News 60 Minutes, Commerce Secretary Gina Raimondo stated that the latest Huawei Mate 60 Pro phones chip remains significantly behind U.S. technology despite being the most advanced from China. She...

Digital Currency Revolution

New IRS Crypto Tax Form: What Your Broker Will Report Next Year

Apr 21, 2024 16:26 pm UTC| Technology Digital Currency Business Law

The IRS has introduced a draft of the 1099-DA tax form, a new document for reporting cryptocurrency transactions. Set to impact brokers and investors, this form will track gains and losses in digital asset exchanges...

Tesla's Bold $8,000 FSD Cut Targets US, Drops Prices $2,000 in China

Apr 21, 2024 15:12 pm UTC| Technology Business

Tesla is aggressively pursuing market expansion by reducing the price of its Full Self-Driving (FSD) software to $8,000 in the U.S. and decreasing model prices by $2,000 in China amidst escalating competition. Musks...

Digital Currency Revolution

Wealth Managers to Increase Bitcoin ETF Investments, Says Bitwise CEO

Apr 21, 2024 13:10 pm UTC| Technology Digital Currency Business

According to Bitwise CEO Hunter Horsley, U.S. wealth management firms are poised to expand their holdings in Bitcoin ETFs, reflecting a robust demand for cryptocurrency investments following the recent Bitcoin...

Tesla Trims Prices on Models Y, X, S Amid Sales Dip; Musk Delays India Trip

Apr 20, 2024 11:49 am UTC| Technology Business

Tesla has reduced the prices of its Model Y, X, and S vehicles by $2,000 to boost sales following disappointing first-quarter delivery numbers. Meanwhile, CEO Elon Musk postponed his anticipated trip to India due to...

Tesla's Elon Musk Teases Full Self-Driving Launch in China, Postpones India Visit

Apr 20, 2024 09:46 am UTC| Technology Business

On Saturday, Teslas CEO Elon Musk teased the near-term rollout of Full Self-Driving (FSD) in China and announced a delay in his awaited visit to India, attributing it to pressing Tesla commitments. FSD in China: An...

Kia Unveils $15,000 EV2, Spearheading Affordable Electric Vehicle Drive

Apr 20, 2024 06:57 am UTC| Technology Business

Kia has unveiled the EV2, its newest addition to the electric vehicle market, priced at around $15,000. This compact SUV, seen in recent test footage, is part of Kias broader strategy to introduce a range of affordable...

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Economy

Asian Currencies Hold Steady Amid U.S.-Iran Ceasefire Hopes and Soft U.S. Inflation Data

Asian currencies traded within a narrow range on Wednesday as investors awaited further developments in U.S.-Iran ceasefire negotiations, while softer-than-expected U.S. inflation data offered modest relief to markets. The...

Gold Prices Ease From One-Month High Amid Iran Ceasefire Uncertainty

Gold prices slipped slightly from a one-month peak during Asian trading on Wednesday, with investors closely watching developments between the United States and Iran as a fragile ceasefire deadline approaches next week....

Strait of Hormuz Oil Shipments Resume Amid U.S.-Iran War Tensions

Global energy markets remain on edge as the U.S. blockade on Iranian ports continues to disrupt shipping through the Strait of Hormuz, a critical chokepoint that normally handles roughly one-fifth of worldwide oil and gas...

Asian Stocks Rally on Tech Gains and U.S.-Iran Diplomacy Hopes

Asian equity markets extended their winning streak on Wednesday, buoyed by strong performances in technology stocks and growing optimism surrounding potential U.S.-Iran diplomatic talks. The positive momentum followed a...

Iran War Drives Asia's Plastic Crisis — and a Green Packaging Boom

The ongoing Iran conflict is reshaping the global packaging industry in ways environmental advocates never anticipated. By disrupting Middle Eastern oil and petrochemical supplies, the war has driven plastic prices to...

Politics

Federal Agencies Secretly Test Anthropic's AI Despite Trump Administration Ban

Despite a formal directive from President Donald Trump ordering federal agencies to stop using Anthropics artificial intelligence technology, multiple U.S. government bodies have been quietly evaluating the companys latest...

Iran's Secret Use of Chinese Spy Satellite to Target U.S. Military Bases Revealed

A explosive new report from the Financial Times has uncovered that Iran covertly leveraged a Chinese spy satellite during a recent regional conflict, granting the Islamic Republic an unprecedented ability to surveil and...

Trump Warns Against Iranian Nuclear Weapons, Criticizes Pope Leo

President Donald Trump renewed his sharp criticism of Pope Leo on Tuesday, taking to his Truth Social platform to issue a stern warning about Irans nuclear ambitions while highlighting what he described as a severe human...

Japan Opens Arms Export Floodgates: New Policy Draws Global Defense Interest

Japan is preparing to significantly loosen its arms export restrictions, and allies from Europe to Southeast Asia are already lining up. Prime Minister Sanae Takaichis ruling party has approved the sweeping policy changes,...

U.S. Blockade on Iran Tightens Amid Ceasefire Uncertainty

United States military forces have fully enacted a naval blockade against Iran, halting all sea-based economic trade flowing in and out of the country, according to a statement released Tuesday by U.S. Central Command. The...

Science

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

NASA Artemis II: First Crewed Moon Mission Since Apollo Takes Four Astronauts on 10-Day Lunar Journey

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Mission: First Crewed Lunar Journey Since Apollo

NASA's Artemis II Crew Arrives in Florida for Historic Moon Mission

The four astronauts chosen for NASAs Artemis II mission have touched down at Kennedy Space Center in Florida, marking the beginning of final launch preparations for the first crewed lunar journey in over 50 years. NASA...

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

Technology

ASML Raises 2026 Revenue Outlook as AI Chip Demand Surges

ASML Holding N.V. lifted its full-year 2026 revenue forecast after the Dutch semiconductor equipment giant surpassed first-quarter profit and sales expectations. The results were fueled by accelerating AI-driven chip...

KKR's $820M Investment Fuels Samsung SDS AI Expansion, Sending Group Shares Soaring

Samsung Group stocks rallied sharply on Wednesday following KKRs announcement of a major strategic partnership with Samsung SDS, reigniting investor confidence in the conglomerates artificial intelligence and digital...

DEEPX Partners with Hyundai to Power Next-Gen AI Robots Ahead of IPO

South Korean AI chip startup DEEPX is deepening its collaboration with Hyundai Motor Group to build a cutting-edge computing platform for generative AI-powered robots. The initiative will be driven by the companys upcoming...

Anthropic Nears $800 Billion Valuation as Investor Confidence Surges

Anthropic, the artificial intelligence startup behind the Claude AI assistant, is reportedly fielding investment offers that could value the company at up to $800 billion. According to Business Insider, multiple venture...

SK Hynix Shares Hit Record High Amid AI Memory Demand Surge

SK Hynix shares soared to an all-time high on Tuesday, riding a wave of renewed investor confidence in artificial intelligence infrastructure and fresh momentum from developments tied to fellow memory chipmaker SanDisk....