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EU Faces Wi-Fi vs. Mobile Spectrum Clash as Tech Groups Urge 6GHz Access

May 21, 2025 06:12 am UTC| Technology Governance Business

A coalition of 58 internet providers and tech industry groups has urged the EU to open the upper 6GHz band for unlicensed Wi-Fi use, challenging telecom operators lobbying to reserve the same spectrum for future 5G and 6G...

Google Unveils $249 AI Ultra Plan and Smart Glasses at I/O 2025

May 21, 2025 05:58 am UTC| Business Technology

Google has launched a premium $249.99/month AI Ultra Plan alongside a series of AI-driven product updates during its 2025 I/O conference in Mountain View, California. Aimed at advanced users, the subscription includes...

Fortnite Returns to Apple App Store in U.S. After Nearly Five-Year Ban

May 21, 2025 04:01 am UTC| Technology Business Law

Epic Games hit battle royale title Fortnite is back on Apples App Store in the U.S., ending a ban that lasted nearly five years. This marks a significant legal and strategic win for Epic Games in its prolonged antitrust...

Nvidia CEO Slams U.S. AI Chip Export Curbs to China as Strategic Misstep

May 21, 2025 03:36 am UTC| Business Technology

Nvidia CEO Jensen Huang criticized the U.S. governments export controls on AI chips to China, calling the policy a failure. Speaking at Computex 2025 in Taipei, Huang said, The fundamental assumptions that led to the AI...

Meitu Shares Surge on Alibaba Partnership and $250M Bond Deal

May 21, 2025 03:33 am UTC| Business Technology

Shares of Meitu Inc (HK:1357) soared to a seven-year high on Wednesday following the announcement of a strategic partnership with Alibaba Group (NYSE:BABA) (HK:9988) and a $250 million convertible bond issuance to Alibabas...

China Slams U.S. Over New Chip Export Restrictions

May 21, 2025 03:32 am UTC| Politics Governance Technology

Chinas Ministry of Commerce strongly criticized the United States on Wednesday, accusing Washington of weaponizing export controls to suppress Chinas tech advancement. The response follows the U.S. Department of Commerces...

Xiaomi Begins Mass Production of In-House Xring O1 Mobile Chip

May 20, 2025 04:24 am UTC| Business Technology

Xiaomi has officially begun mass production of its self-developed Xring O1 advanced mobile chip, according to founder Lei Jun. The announcement was made Tuesday via Leis personal Weibo account, ahead of the companys...

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Economy

U.S. Trade Rep Dismisses WTO's Future Role After Failed Cameroon Summit

U.S. Trade Representative Jamieson Greer declared on Monday that the World Trade Organization will play only a marginal role in shaping future global trade policy, following a contentious ministerial meeting in Cameroon...

Bessent: Global Oil Market Well Supplied as U.S. Eyes Hormuz Navigation Control

U.S. Treasury Secretary Scott Bessent reassured markets on Monday that the global oil supply remains stable, pointing to increased vessel traffic through the Strait of Hormuz as a key indicator of improving conditions....

Aluminum Prices Surge Toward Four-Year Highs After Gulf Smelter Strikes

Global aluminum prices shot up sharply on Monday, approaching levels not seen in nearly four years after Iranian missile and drone attacks caused significant damage to major smelting facilities across the Gulf region. The...

Goldman Sachs Sees Value in European Real Estate Stocks Despite Sharp Selloff

European real estate stocks have taken a significant hit since late February, tumbling roughly 14% as rising bond yields and widening credit spreads weigh heavily on the sector. According to Goldman Sachs, valuations have...

Asian Currencies Hold Steady Amid U.S.-Israel-Iran Tensions and BOJ Signals

Asian currencies traded within a narrow range Monday as geopolitical uncertainty surrounding the U.S.-Israel conflict with Iran continued to weigh on regional sentiment. Most currencies in the region remained under...

Politics

Trump Administration Resumes Partial Asylum Processing After Temporary Halt

The Trump administration has announced it will resume processing certain asylum applications following a temporary suspension that was triggered by a high-profile shooting involving an asylum seeker. U.S. Citizenship and...

Trump's Name Spreads Across America: Airports, Warships, and Currency

Florida Governor Ron DeSantis signed legislation Monday renaming Palm Beach International Airport after former and current President Donald Trump, marking yet another addition to a growing list of American institutions,...

Israel Passes Death Penalty Law Targeting Palestinians in Military Courts

Israels parliament has approved a controversial new law establishing hanging as the default sentence for Palestinians convicted in military courts of carrying out deadly attacks. The legislation, championed by far-right...

U.S. Army Investigates Military Helicopters Flying Near Kid Rock's Home and Anti-Trump Protests

The U.S. Army has launched an administrative review after military Apache helicopters were spotted flying near the Nashville home of rock star and Trump supporter Kid Rock, as well as near anti-Trump demonstrations held...

Ukraine Open to Energy Ceasefire Amid Global Oil Crisis

Ukrainian President Volodymyr Zelenskiy revealed on Monday that several of Kyivs Western allies have quietly urged Ukraine to scale back its long-range strikes targeting Russias oil and energy infrastructure. The request...

Science

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...

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...

Technology

Cybersecurity Stocks Tumble After Anthropic's Claude Mythos AI Leak Sparks Market Fears

Major cybersecurity stocks took a sharp hit Friday following reports that Anthropic accidentally exposed details about its next-generation AI model before its official launch. CrowdStrike fell 7%, Palo Alto Networks...

Chinese Universities with PLA Ties Found Purchasing Restricted U.S. AI Chips Through Super Micro Servers

Procurement records reveal that four Chinese universities, two of which have direct ties to the Peoples Liberation Army, acquired Super Micro Computer servers loaded with restricted Nvidia AI chips over the past year. The...

Federal Judge Blocks Pentagon's Blacklisting of AI Company Anthropic

A federal judge has temporarily prevented the Pentagon from enforcing its designation of Anthropic as a national security supply-chain risk, dealing an early blow to the Trump administration in a growing dispute over...

SMIC Allegedly Supplies Chipmaking Tools to Iran's Military, U.S. Officials Warn

Chinas top semiconductor manufacturer, SMIC (Semiconductor Manufacturing International Corporation), has reportedly been transferring chipmaking equipment to Irans military industrial complex, according to two senior Trump...

Google's TurboQuant Algorithm Sends Memory Chip Stocks Tumbling

Major memory chipmakers took a significant hit on Thursday after Google researchers introduced a groundbreaking compression algorithm that threatens to reduce artificial intelligence demand for memory chips. Samsung...