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Digital Currency Revolution

Mt. Gox Creditors Alarmed by ‘Brute-Force’ Log-In Attempts on Accounts

Jul 18, 2024 08:25 am UTC| Digital Currency Technology

Numerous Mt. Gox creditors are reporting brute-force log-in attempts on their accounts, leading to hacking concerns in a dedicated subreddit. Creditors Report Account Access Issues Users on a subreddit for Mt. Gox...

Digital Currency Revolution

OKX Exits Nigeria Amid Regulatory Concerns, Following Binance's Troubles

Jul 18, 2024 05:40 am UTC| Digital Currency Technology

OKX has announced its departure from Nigeria, citing local regulatory changes, following similar actions by Binance. OKX Cites Regulatory Changes In an email addressed to clients in Nigeria on July 17, OKX said that...

Huawei Pura 70 Shipments Soar 125%, Surpassing P60 Range in Popularity

Jul 18, 2024 05:21 am UTC| Technology Business

Huaweis Pura 70 series has surged in popularity, with a 125% year-over-year increase in shipments compared to the P60 range, demonstrating strong market performance. Year-Over-Year Growth According to a Huawei...

Mercedes-Benz to Equip Starbucks Stores with 400kW EV Chargers Along Key US Routes

Jul 18, 2024 05:02 am UTC| Technology Business

A Mercedes-Benz subsidiary revealed a partnership with Starbucks to place 400kW EV chargers at more than 100 stores along Interstate 5, boosting EV accessibility. Mercedes-Benz and Starbucks Bring High-Speed EV Charging...

Google's AI Deal with Samsung Faces EU Antitrust Scrutiny Over Chatbot Competition Concerns

Jul 18, 2024 04:18 am UTC| Technology Business

EU antitrust authorities are scrutinizing Googles AI agreement with Samsung to assess whether it hampers rival chatbots on Samsung smartphones, according to a document reviewed by Reuters. Requests for Information...

Huawei Completes $1.4 Billion Shanghai R&D Center Amid Ongoing Chip Industry Tensions

Jul 17, 2024 22:27 pm UTC| Technology Business

Huawei Technologies Co. is nearing completion of a $1.4 billion semiconductor research and development center in Shanghai. The state-of-the-art facility, expected to house 30,000 personnel, will advance Chinas tech...

Investor Predicts Nvidia's Market Cap Could Reach Double-Digit Trillions with AI Surge

Jul 17, 2024 22:18 pm UTC| Technology Business

Nvidias market capitalization has skyrocketed from $1.1 trillion to $3.1 trillion within a year, and tech investor James Anderson, who previously foresaw the success of Amazon and Tesla, suggests the AI-driven growth could...

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Economy

Dollar Holds Near Two-Week High as Fed Rate Hike Bets Rise

The U.S. dollar held close to a two-week high on Monday as investors increased bets on a Federal Reserve interest rate hike following hawkish comments from Chair Kevin Warsh, while renewed tensions in the Gulf boosted...

Asian Currencies Mixed as Yen Nears 160, Oil Surges

Asian currencies traded mixed on Monday as the Japanese yen remained close to the critical 160-per-dollar level, while escalating U.S.-Iran tensions pushed oil prices higher and fueled risk aversion across financial...

Asian Tech Stocks Slide as Fed Rate Hike Bets Rise

Asian technology stocks fell sharply on Monday as hawkish comments from Federal Reserve Chair Kevin Warsh strengthened expectations for a September U.S. interest rate hike, while renewed U.S.-Iran tensions and rising oil...

China Manufacturing PMI Contracts Again as Recovery Remains Fragile

Chinas manufacturing sector remained in contraction territory for a second consecutive month in August, although improving factory orders helped slow the pace of decline. Services activity also weakened, highlighting...

Asian Stocks Fall as Fed Rate Hike Bets and Iran Conflict Rattle Markets

Asian stocks fell broadly on Monday as investors reacted to hawkish comments from Federal Reserve Chair Kevin Warsh and escalating U.S.-Iran tensions, which drove oil prices higher and renewed inflation concerns. The...

Politics

Top US General Says No Troops Planned at Polling Places

The U.S. military has no plans to deploy federal troops or National Guard personnel to polling locations during the November 2026 midterm elections, according to General Dan Caine, chairman of the Joint Chiefs of Staff....

Trump Secures Drug Pricing Deals With Nine Pharma Companies

President Donald Trump announced new drug pricing agreements with nine pharmaceutical companies on Monday, expanding his administrations campaign to lower prescription drug costs for Americans. The agreements involve...

North Korea Vows to Strengthen Nuclear Arsenal Amid U.S. Tensions

North Korea said Monday that it will continue strengthening its nuclear weapons program, arguing that Washingtons hostile policy toward Pyongyang remains unchanged and poses an ongoing threat to the countrys sovereignty...

Flavio Bolsonaro Pledges to Respect Brazil Election Result

Brazilian Senator Flavio Bolsonaro, the leading opposition candidate in the countrys presidential race, has pledged to respect the outcome of the October election and abide by Brazils existing electoral rules. Bolsonaro, a...

Trump Posts AI Video of Iran’s Kharg Island Exploding as Tensions Surge

U.S. President Donald Trump posted an AI-generated video depicting Irans Kharg Island oil hub being destroyed, adding to tensions after Washington and Tehran exchanged attacks for the first time since July. Kharg Island...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

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...

Technology

Faraday Future Delivers First Robots in Middle East, Plans September Launches

Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI) has completed its first robotics sale and delivery in the Middle East, marking an early milestone in the electric vehicle and AI technology companys regional...

Pinterest Stock Falls as CFO Julia Brau Donnelly Resigns

Pinterest Inc. (NYSE: PINS) shares fell sharply in after-hours trading on Friday after the social media company announced the resignation of Chief Financial Officer Julia Brau Donnelly, prompting investor attention on the...

PayPal Shares Sink as $50 Billion Takeover Bid Collapses

PayPal Holdings (NASDAQ: PYPL) shares plunged in extended trading after a consortium led by private equity firm Advent International and payments giant Stripe reportedly ended its pursuit of the digital payments company....

Nvidia Pauses AI Cloud Financing Deals Amid Antitrust Concerns

Nvidia has temporarily halted some deals tied to a recently introduced financing program for artificial intelligence cloud companies, amid internal concerns that the arrangement could attract greater antitrust scrutiny,...

Google Changes EU Spam Policy Amid Antitrust Scrutiny

Google has revised its spam policy in Europe after concerns from European Union regulators raised the possibility of a significant antitrust fine for Alphabet, the search giants parent company. The company said Friday that...