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Tesla China Hits Second-Highest Monthly Sales in August with Over 86,000 Vehicles Sold

Sep 03, 2024 15:37 pm UTC| Business Technology

Teslas Gigafactory in Shanghai recorded its second-highest monthly sales in August, delivering 86,697 Model 3 and Model Y vehicles. This marks the highest output for Tesla China since March and reflects strong demand...

China’s $25 Billion Chipmaking Investment in H1 2024 Surpasses U.S., South Korea, Taiwan Combined

Sep 03, 2024 15:34 pm UTC| Business Technology

Chinas relentless drive to bolster its chipmaking capabilities saw a record $25 billion spent on equipment in the first half of 2024, eclipsing the combined expenditures of the U.S., South Korea, and Taiwan. This massive...

Vitaliy Chiryassov: an entrepreneur on a mission to digitize business setup around the world

Sep 03, 2024 09:51 am UTC| Business Technology

In his famous address to Stanford graduates, Steve Jobs encouraged young people to stay hungry you never know where a transformative business idea will come from, but youll never see it if you dont look. The story of...

Five notorious cyberattacks that targeted governments

Sep 03, 2024 00:34 am UTC| Insights & Views Technology

Warfare is no longer confined to physical battlefields. In the digital age, a new front has emerged cyberspace. Here, countries clash not with bullets and bombs, but with lines of code and sophisticated malware. One of...

Samsung Galaxy S24 FE Leak Suggests Larger Build, Wi-Fi 6E, and Reverse Wireless Charging

Sep 02, 2024 20:59 pm UTC| Technology Business

The latest Galaxy S24 FE leak reveals a broader and taller design, Wi-Fi 6E capabilities, and reverse wireless charging, positioning Samsungs upcoming budget phone as a strong contender ahead of its rumored October...

Digital Currency Revolution

Pepe Coin Whale Moves 292.97 Billion PEPE, 273K of Worldcoin, Price Rally Anticipated?

Sep 02, 2024 19:26 pm UTC| Digital Currency Technology Business

A major whale transferred 292.97 billion Pepe Coins and 273K Worldcoin from Binance, fueling optimism for a potential price rally despite ongoing market volatility. Whale Transfers 292.97 Billion PEPE from Binance A...

Digital Currency Revolution

JPMorgan: Don’t Bet on a Crypto Bull Run—Even with Fed Rate Cuts Looming

Sep 02, 2024 18:58 pm UTC| Digital Currency Technology Business

JPMorgans latest report casts doubt on the potential for a crypto bull market despite widespread anticipation of Fed rate cuts this month. JPMorgan Questions Crypto Bull Market Potential Traders and investors around...

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Economy

Global Markets Slide as AI, Crypto, and Precious Metals Face Heightened Volatility

Global financial markets extended their losses for a third straight session on Friday as a deepening Wall Street selloff rattled investor confidence across equities, cryptocurrencies, and precious metals. Rising concerns...

Dollar Near Two-Week High as Stock Rout, AI Concerns and Global Events Drive Market Volatility

The U.S. dollar held firm near a two-week high on Friday, positioning itself for its strongest weekly gain since November as global markets grappled with heightened risk aversion. A sharp selloff in equities, led by...

Vietnam’s Trade Surplus With US Jumps as Exports Surge and China Imports Hit Record

Vietnams trade surplus with the United States expanded sharply in January, rising nearly 30% year on year, as strong export growth outweighed the impact of higher US tariffs, according to official data released on Friday....

Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target

The Bank of Japan (BOJ) is under growing pressure to raise interest rates in a timely manner as underlying inflation approaches its long-standing 2% target, according to comments from board member Kazuyuki Masu. His...

Gold and Silver Prices Slide as Dollar Strength and Easing Tensions Weigh on Metals

Gold and silver prices declined sharply in early Asian trading on Friday, extending steep losses from the previous session as profit-taking, a stronger U.S. dollar, and easing geopolitical tensions continued to pressure...

Politics

TrumpRx Website Launches to Offer Discounted Prescription Drugs for Cash-Paying Americans

U.S. President Donald Trump has launched a new website called TrumpRx, aimed at helping Americans lower their prescription drug costs by offering discounted prices for those who prefer to pay cash instead of using health...

Missouri Judge Dismisses Lawsuit Challenging Starbucks’ Diversity and Inclusion Policies

A federal judge in Missouri on Thursday dismissed a lawsuit filed by the Republican-led state that accused Starbucks of using its diversity, equity, and inclusion (DEI) commitments as a pretext for unlawful discrimination...

Trump Endorses Japan’s Sanae Takaichi Ahead of Crucial Election Amid Market and China Tensions

U.S. President Donald Trump has given his complete and total endorsement to Japanese Prime Minister Sanae Takaichi ahead of Japans national election this Sunday, signaling strong U.S. backing at a critical moment for...

U.S. Announces Additional $6 Million in Humanitarian Aid to Cuba Amid Oil Sanctions and Fuel Shortages

The United States will provide an additional $6 million in humanitarian aid to Cuba, bringing the total U.S. assistance to $9 million since Hurricane Melissa struck the island in October, according to a senior State...

South Korea Assures U.S. on Trade Deal Commitments Amid Tariff Concerns

South Korea has reaffirmed its commitment to fulfilling key obligations under its trade deal with the United States, pushing back against concerns in Washington that Seoul is dragging its feet on implementation. According...

Science

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...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Technology

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....

Nvidia, ByteDance, and the U.S.-China AI Chip Standoff Over H200 Exports

The U.S. government is prepared to allow Chinas ByteDance to purchase Nvidias advanced H200 AI chips, but negotiations remain stalled as Nvidia has not agreed to the proposed conditions governing their use. According to...

Sony Q3 Profit Jumps on Gaming and Image Sensors, Full-Year Outlook Raised

Sony Corp (TYO:6758) reported stronger-than-expected third-quarter earnings, driven by solid performance in its gaming, music, and image sensor businesses. The Japanese conglomerate also raised its full-year forecast,...
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