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Tech Stocks Face Volatility as AI Disruption Shakes Market

Feb 02, 2025 02:29 am UTC| Technology Business

The tech sector experienced significant volatility this week, with major companies seeing sharp movements. Nvidia (NASDAQ:NVDA) plunged over 16% on Monday following the launch of DeepSeek, a Chinese AI platform offering...

NVIDIA CEO Jensen Huang Meets President Trump to Discuss AI and Semiconductor Policy

Feb 01, 2025 02:57 am UTC| Technology Politics Business

NVIDIA (NASDAQ: NVDA) CEO Jensen Huang met with newly-elected President Donald Trump to discuss AI and semiconductor policy, the company confirmed to Investing.com. The meeting, which took place less than two weeks into...

Dutch Watchdog Investigates DeepSeek Over Privacy Concerns

Feb 01, 2025 02:55 am UTC| Technology Governance

The Netherlands privacy regulator, the AP, announced an investigation into Chinese AI firm DeepSeek over data collection concerns. Dutch users are advised to exercise caution when using the companys software due to...

WhatsApp Targets Israeli Spyware Firm for Hacking Attempt

Feb 01, 2025 02:35 am UTC| Technology

WhatsApp, owned by Meta Platforms (NASDAQ:META), has accused Israeli spyware firm Paragon Solutions of targeting around 90 users, including journalists and civil society members, across more than two dozen countries. The...

South Korea Investigates DeepSeek’s Handling of User Data

Feb 01, 2025 02:33 am UTC| Technology Governance

South Koreas Personal Information Protection Commission (PIPC) is set to question DeepSeek, a Chinese artificial intelligence model, on how it manages user data, an official confirmed Friday. The privacy watchdog plans to...

From chatbot to sexbot: What lawmakers can learn from South Korea’s AI hate-speech disaster

Jan 31, 2025 08:41 am UTC| Insights & Views Technology Life

As artificial intelligence technologies develop at accelerated rates, the methods of governing companies and platforms continue to raise ethical and legal concerns. In Canada, many view proposed laws to regulate AI...

Nissan and Honda Push Back Integration Decision Amid Ongoing Talks

Jan 31, 2025 07:54 am UTC| Business Technology

Nissan Motor (OTC:NSANY) has delayed its decision on a potential merger with Honda Motor (NYSE:HMC) to mid-February, extending discussions initially set to conclude by the end of January. A company spokesperson confirmed...

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Economy

US Launches New Trade Investigation Into Vietnam Over Intellectual Property Concerns

The United States has initiated a new trade investigation into Vietnams handling of intellectual property (IP) rights, a move that could eventually lead to additional tariffs on Vietnamese imports. The investigation,...

US Dollar Slips as Markets Weigh Potential US-Iran Peace Deal and Oil Price Outlook

The U.S. dollar weakened slightly on Friday as investor confidence improved following comments from President Donald Trump regarding a possible peace agreement between the United States and Iran. The prospect of easing...

Asian Currencies Steady as U.S.-Iran Ceasefire Extension Hopes Weigh on Dollar

Asian currencies traded in a narrow range on Friday while the U.S. dollar remained largely unchanged, as investors assessed reports suggesting the United States and Iran are close to extending their ceasefire agreement....

Asian Stocks Rally as AI Boom and Iran Ceasefire Progress Lift Market Sentiment

Asian stock markets posted strong gains on Friday, supported by a global technology rally and growing optimism surrounding a potential extension of the ceasefire between the United States and Iran. Investor confidence...

Tokyo Inflation Cools in May, Supporting BOJ’s Cautious Rate Hike Path

Tokyo consumer inflation slowed in May, reinforcing expectations that the Bank of Japan (BOJ) will continue taking a measured approach to monetary policy tightening as inflationary pressures remain moderate. According to...

Politics

US Southern Command Chief Holds Rare Military Meeting With Cuban Officials at Guantanamo Bay

A rare high-level military meeting between the United States and Cuba took place at the perimeter of the U.S. Naval Station at Guantanamo Bay, marking a significant development in U.S.-Cuba relations amid growing...

Trump Nears Decision on Iran Ceasefire Extension as Key Disputes Remain

U.S. President Donald Trump said Friday that he is close to making a final decision on a proposed agreement to extend the current ceasefire with Iran, although major disagreements between Washington and Tehran continue to...

Trump Signs Executive Order to Expand Access to Federal Lands in the U.S.

U.S. President Donald Trump signed an executive order on Friday aimed at removing restrictions that limit access to federal lands across the United States, according to a statement from the White House. The move is part of...

Netanyahu Gaza Expansion Plan Sparks Hamas Condemnation and International Concern

Israeli Prime Minister Benjamin Netanyahus announcement that Israel plans to expand its area of control in Gaza has drawn strong criticism from Hamas, European governments, and residents of the Palestinian territory. The...

Russia Prepares New Large-Scale Attack on Ukraine, Zelenskiy Warns

Ukrainian President Volodymyr Zelenskiy has warned that Russia is preparing a major new attack on Ukraine, citing intelligence reports that indicate plans for a large-scale military strike. The announcement comes as...

Science

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

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...

Technology

Kentucky School District Secures $27 Million in Social Media Addiction Lawsuit Settlements

A Kentucky school district has secured nearly $27 million in settlements from major social media companies over allegations that their platforms contributed to a growing student mental health crisis. The financial details,...

MongoDB Q1 FY2027 Earnings Beat Expectations, Raises Full-Year Outlook

MongoDB (NASDAQ: MDB) delivered stronger-than-expected first-quarter fiscal 2027 results, fueled by growing demand for its database platform among enterprises and organizations developing artificial intelligence...

SpaceX IPO Could Become Largest in History with $1.8 Trillion Valuation Target

Elon Musks SpaceX is reportedly moving forward with plans for a historic initial public offering (IPO), targeting a valuation of at least $1.8 trillion. According to a Bloomberg News report citing sources familiar with the...

Autodesk Beats Q1 Estimates, Acquires MaintainX for $3.6 Billion

Autodesk (NASDAQ: ADSK) reported stronger-than-expected financial results for its fiscal first quarter and announced a major $3.6 billion acquisition of MaintainX, a move that strengthens its position in AI-powered...

US Quantum Stocks Surge After $2 Billion Government Investment

The U.S. Department of Commerce has sparked major excitement across the technology and financial sectors after announcing plans to invest $2 billion into quantum computing and advanced hardware companies through the CHIPS...