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Digital Currency Revolution

Coca-Cola NFTs on Coinbase's Base Chain Surge to $450,000, Bucking Previous Brand Trends

Aug 17, 2023 06:53 am UTC| Economy Digital Currency Business

Coca-Colas recent NFT launch on Coinbases Base chain amasses over $450,000, marking a significant uptick as major brands typically falter in NFT secondary markets. On Sunday, Coinbase announced the collection launch as...

Digital Currency Revolution

tBTC Debuts on Solana: A Revolution in Decentralized Finance, Bitcoin Liquidity

Aug 16, 2023 12:02 pm UTC| Economy Digital Currency Business Investing

The Threshold Networks tBTC has debuted on Solana, revolutionizing decentralized finance. This innovative tokenized Bitcoin offers unprecedented opportunities, addressing Bitcoins existing challenges and bolstering Solanas...

Toss Bank's AI Successfully Spots 600 Fake IDs in South Korea Within Six Months

Aug 16, 2023 11:27 am UTC| Business Economy

Toss Bank, one of the top three online banking service providers in South Korea, created an artificial intelligence system that can detect fake identification cards or documents. The company revealed it was able to spot at...

Indonesia Debuts State-Backed Crypto Exchange to Boost Transparency, Investor Safety

Aug 16, 2023 11:18 am UTC| Economy Digital Currency Investing Business

Indonesia launches a state-backed cryptocurrency exchange, partnering with leading private sector exchanges like Indodax, enhancing market transparency and safeguarding investors amid global crypto disruptions and local...

Occidental Petroleum Announces Acquisition of Carbon Engineering for $1.1B

Aug 16, 2023 10:52 am UTC| Business Economy

Occidental Petroleum, or OXY, an American oil and gas company, announced it will buy the Canadian startup that provides carbon capture technology, Carbon Engineering. OXY is acquiring the company in cash worth $1.1...

Ralph Lauren Investigated in Canada Over Alleged Forced Labor Links in Supply Chain

Aug 16, 2023 10:34 am UTC| Business Economy

Ralph Lauren, one of the most well-known American fashion brands, is being investigated in Canada. Based on the reports, the company was accused of using forced labor in its supply chain. According to CBC News, the...

Digital Currency Revolution

Islamic Coin: Pioneering Shariah-Compliant Crypto Launches with $400M Backing, Global Partnerships

Aug 16, 2023 10:05 am UTC| Economy Digital Currency Investing Business

Islamic Coin, a Shariah-compliant crypto, announces its September 1 launch. Backed by a staggering $400 million and strategic partnerships, the coin is shaking up traditional and Islamic finance worlds. In a major...

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Economy

India–U.S. Interim Trade Pact Cuts Auto Tariffs but Leaves Tesla Out

India and the United States have taken a significant step toward strengthening bilateral trade ties with the release of an interim trade framework that includes major tariff reductions on high-end American automobiles and...

Trump’s Inflation Claims Clash With Voters’ Cost-of-Living Reality

Donald Trump has positioned himself as the Republican Partys chief voice on the cost of living during a pivotal election year, but a Reuters review of his recent speeches shows a growing disconnect between his rhetoric and...

South Africa Eyes ECB Repo Lines as Inflation Eases and Rate Cuts Loom

South Africa is keen to make use of potential new European Central Bank (ECB) repo liquidity lines, according to central bank governor Lesetja Kganyago, as the country continues to navigate easing inflation and a gradual...

Russian Stocks End Mixed as MOEX Index Closes Flat Amid Commodity Strength

Russian stocks finished the latest trading session on a mixed note, with the MOEX Russia Index closing flat as gains in select blue-chip shares were offset by losses in others. At the close of trading in Moscow, the...

China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices

Chinas central bank has continued to strengthen its gold reserves, extending its buying streak to a 15th consecutive month in January, according to the latest data released by the Peoples Bank of China (PBOC). The move...

Politics

Jack Lang Resigns as Head of Arab World Institute Amid Epstein Controversy

Jack Lang, a prominent French political figure and former culture minister under President François Mitterrand, has stepped down from his role as president of the Arab World Institute in Paris following mounting...

US Pushes Ukraine-Russia Peace Talks Before Summer Amid Escalating Attacks

The United States is pressing Ukraine and Russia to reach an agreement to end the war before the start of summer, Ukrainian President Volodymyr Zelenskiy said following two days of U.S.-brokered talks held in Abu Dhabi....

Netanyahu to Meet Trump in Washington as Iran Nuclear Talks Intensify

Israeli Prime Minister Benjamin Netanyahu is expected to meet U.S. President Donald Trump in Washington on Wednesday, with Irans nuclear program and regional security topping the agenda. The meeting comes amid renewed...

Trump Backs Nexstar–Tegna Merger Amid Shifting U.S. Media Landscape

U.S. President Donald Trump has publicly endorsed a proposed merger between Nexstar Media Group and Tegna, signaling renewed political attention on the future of local television broadcasting. In a post shared Saturday on...

Japan Election 2026: Sanae Takaichi Poised for Landslide Win Despite Record Snowfall

Japanese voters headed to the polls on Sunday in a rare winter election that could deliver Prime Minister Sanae Takaichi a commanding mandate, even as record snowfall threatened to suppress turnout in parts of the country....

Science

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

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...

Technology

Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge

Nvidia (NASDAQ: NVDA) CEO Jensen Huang reaffirmed his bullish stance on artificial intelligence, calling the massive capital expenditure flowing into AI infrastructure both appropriate and necessary as the industry...

Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate

Amazon.com (NASDAQ:AMZN) delivered a mixed but closely watched earnings report, beating Wall Street expectations on revenue while unveiling a massive long-term investment plan that unsettled investors. The e-commerce and...

Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch

Major PC manufacturers including HP, Dell, Acer, and Asus are reportedly exploring the option of sourcing memory chips from Chinese semiconductor companies for the first time, as a prolonged global supply crunch continues...

OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering

OpenAI is significantly accelerating its enterprise AI strategy by hiring hundreds of new employees for its technical consulting division, according to a report by The Information, citing a person familiar with the...

SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off

SoftBank Group Corp. (TYO:9984) shares tumbled sharply on Thursday, tracking a steep decline in Arm Holdings (NASDAQ:ARM) after the UK-based chip designer reported weaker-than-expected earnings for the December quarter....