
Chinese AI Firms Seize Opportunity as OpenAI Blocks Access in China
Jul 09, 2024 20:53 pm UTC| Technology
Chinese AI firms are capitalizing on OpenAIs decision to block access in China, offering free tokens and migration services to attract users. This move intensifies competition as companies like SenseTime and Baidu seek to...

Tesla Shareholders Contest $1.44 Billion Legal Fees in Musk Compensation Case
Jul 09, 2024 20:46 pm UTC| Business Technology
Tesla shareholders are set to appear in court to dispute a $1.44 billion attorney fee request related to CEO Elon Musks invalidated $56 billion compensation plan. The fee demand, initially $7.2 billion, has sparked...

AI Hype Mirrors Dot-Com Bubble, Warns Veteran Analyst James Ferguson
Jul 09, 2024 20:42 pm UTC| Technology
James Ferguson, founding partner of MicroStrategy Partnership, warns that the current AI hype has created a market bubble akin to the dot-com era. He suggests that AIs unproven applications and high energy consumption...

Tesla Employees Allege FSD Favoritism: Musk's Optimized Routes for VIPs 'Felt Dishonest'
Jul 09, 2024 18:57 pm UTC| Technology Business
Tesla employees allege Elon Musk optimized routes for VIPs and influencers, creating biased FSD performance. It felt dishonest, they said. Insiders at Tesla believe that the CEO, Elon Musk, optimized the routes that he...

Apple, TSMC Begin 2nm Chip Trials for iPhone 17 and M5 Chip Next Week
Jul 09, 2024 18:19 pm UTC| Business Technology
TSMC will start trial production of 2nm chips at its Baoshan plant next week, with plans to integrate these advanced semiconductors into Apples iPhone 17 and M5 chip. Apple Targets iPhone 17 with 2nm...

Shiba Inu (SHIB) Burn Rate Rises 439.9% in 24 Hours, Indicating a Positive Signal for the Market
Jul 09, 2024 17:51 pm UTC| Digital Currency Technology
Shiba Inu (SHIB) has seen a significant 439.9% increase in its burn rate over the last 24 hours, according to Shibburn data, indicating a potential positive shift for the meme coin amid market difficulties. Surge in...

China’s 190k Bitcoin Reserves Exceed Germany’s: Potential Sell-Off Concerns
Jul 09, 2024 17:04 pm UTC| Digital Currency Technology
China, now holding 190k Bitcoin, surpasses Germany in reserves. Market watchers are concerned about potential sell-offs. Chinas Seized Bitcoin Holdings The Chinese government seized 27.24 million EOS coins, 830,000...