Menu

Search

Apple Reportedly Delving Into AI Home Robots After Ditching EV Venture

Apr 04, 2024 08:30 am UTC| Business Technology

Apple Inc. is reportedly entering the AI home robot business after discarding its electric vehicle ambitions. The iPhone maker has reportedly shifted its focus to AI-powered robotics for homes. According to CNBC, Apple...

Digital Currency Revolution

GBTC Outflows Hit Monthly Low Amid Rising Bitcoin ETF Inflows and Institutional Interest

Apr 04, 2024 07:24 am UTC| Technology Digital Currency

For the first time since February, outflows from the Grayscale Bitcoin Trust (GBTC) fell to $75 million on April 3, signaling a shift in investor sentiment and hinting at a potential Bitcoin rally. This change coincides...

Bitcoin Miners Reactivate as BTC Prices Soar, Analyst Reports

Apr 04, 2024 07:17 am UTC| Technology Digital Currency

As Bitcoins price hits a record high, previously unprofitable Bitcoin miners are powering up their machines again, according to industry analysts, marking a significant turn in the cryptocurrency mining sector. Surging...

xAI Startup Company Poaches Tesla Engineer; Elon Musk to Increase Tesla Pay to Prevent OpenAI From Recruiting Talents

Apr 04, 2024 05:50 am UTC| Business Technology

xAI, an artificial intelligence startup company launched by Elon Musk, reportedly poached another engineer from Tesla electric car manufacturer. The 53-year-old billionaire only introduced the said AI firm last year. As...

Digital Currency Revolution

Shiba Inu Tops Trading Charts in India; Meme Coins Eye New Highs

Apr 04, 2024 04:37 am UTC| Technology Digital Currency

Shiba Inu, the second-largest meme cryptocurrency, soared to a two-year high in March, becoming the most traded digital asset on WazirX, Indias leading cryptocurrency exchange, surpassing even Bitcoin and...

Digital Currency Revolution

Nvidia RTX 4090D Embroiled in US-China Tech Rivalry; South Korea Navigates Chip Export Dilemma

Apr 04, 2024 04:32 am UTC| Technology Politics

The U.S. government has tightened export restrictions on high-performance semiconductor chips to China, including the Nvidia RTX 4090D, and is urging South Korea to enforce similar curbs, marking a significant escalation...

Digital Currency Revolution

Goldman Sachs Remains Crypto Skeptic Amid Wall Street's Bitcoin ETF Boom

Apr 04, 2024 03:56 am UTC| Technology Digital Currency

Despite the booming interest in Bitcoin ETFs led by BlackRock and Fidelity, Goldman Sachs Sharmin Mossavar-Rahmani expressed the firms continued skepticism towards cryptocurrency as a viable investment, contrasting with...

  771 772 773 774 775 776 777 778 779 780   

Economy

German Retail Sales Drop 3.4% in July

German retail sales fell sharply in July, significantly missing market expectations and raising fresh concerns about consumer demand in Europes largest economy. Retail sales declined 3.4% in July compared with the previous...

Global Markets Brace for Fed Rate Hike as Oil Tops $91

The Japanese yen stabilized near the critical 160-per-dollar level on Tuesday as currency markets remained cautious amid rising U.S. interest-rate expectations, renewed U.S.-Iran tensions and surging oil prices. USD/JPY...

Bessent Urges Japan on Fiscal Discipline, BOJ Rate Hikes

U.S. Treasury Secretary Scott Bessent has urged Japanese policymakers to outline a credible path toward fiscal sustainability and higher interest rates as pressure on the yen and government bond markets intensifies,...

Japan Bond Yields Top 3% as Inflation, Fiscal Risks Rise

Japans benchmark government bond yields climbed above 3% on Tuesday for the first time since September 1996, as investors weighed persistent inflation, growing fiscal concerns and expectations for further interest rate...

India Manufacturing Growth Slows to Five-Year Low in August

Indias manufacturing sector expanded at its weakest pace in five years in August as softer demand weighed on new orders, production and employment, according to the latest private-sector survey. The HSBC India...

Politics

US Approves $800 Million Helicopter Sale to Iraq

The U.S. State Department has approved a potential $800 million military helicopter sale to Iraq, strengthening defense cooperation between Washington and Baghdad as Iraq continues efforts to modernize its armed forces....

China Warns Over Taiwan’s Pacific Islands Forum Presence

China has raised strong objections to Taiwans participation in the Pacific Islands Forum in Palau, warning of unspecified consequences as tensions over Beijings influence in the Pacific take center stage at the regional...

U.S., New Zealand Fund $60M Cook Islands Port Upgrade

The United States and New Zealand will jointly fund a major upgrade of a World War Two-era port in the Cook Islands, strengthening Western infrastructure investment in the Pacific as China expands its regional influence....

South Korea Unveils Record $597 Billion 2027 Budget to Boost AI and Chips

South Korea has proposed a record 821 trillion won ($596.92 billion) government budget for 2027, sharply increasing fiscal spending as the country seeks to strengthen its position in artificial intelligence, semiconductors...

Ukraine Sanctions Chief Heads to Washington to Push Russia Bill

Ukraines top sanctions official will visit Washington this week to press U.S. lawmakers to approve sweeping new Russia sanctions legislation that has already cleared the Senate but faces resistance in the House of...

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

OpenAI Rejects Apple Trade Secret Theft Claims

OpenAI has denied Apples allegations that it obtained confidential trade secrets through former Apple employees, arguing that the iPhone maker has failed to provide evidence showing proprietary information was stolen. In a...

MediaTek Shares Jump 10% on Nvidia’s $3.5 Billion Investment

MediaTek shares surged nearly 10% on Tuesday after Nvidia announced a $3.5 billion investment in the Taiwanese semiconductor designer, strengthening a strategic partnership focused on artificial intelligence...

Apple’s Phil Schiller Steps Back as Leadership Shake-Up Accelerates

Apple veteran Phil Schiller has stepped away from overseeing the App Store and the companys high-profile product launch events, marking another major leadership change as the iPhone maker prepares for a new era under...

SpaceX Mobile Network Could Cost Up to $130 Billion, Bernstein Says

SpaceX (NASDAQ: SPCX) could spend between $50 billion and $130 billion, including spectrum costs, to develop a standalone terrestrial network supporting its direct-to-device mobile service, according to Bernstein analysts....

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...
  • Market Data
Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.