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Digital Currency Revolution

Bitcoin ETFs Gain Momentum as BlackRock's IBIT Sees $82M Influx

Jun 29, 2024 22:17 pm UTC| Technology Digital Currency

For the fourth consecutive day, U.S. Spot Bitcoin ETFs have recorded positive inflows, bolstered by BlackRocks IBIT, which saw its first significant influx since June 20. Despite Bitcoins price dip below $60,000, investor...

Digital Currency Revolution

Hamster Kombat Surpasses 150 Million Users, Claims Third-Fastest Growth Record

Jun 29, 2024 22:11 pm UTC| Technology Digital Currency

Hamster Kombat has achieved a remarkable milestone by surpassing 150 million users, making it the third-fastest app in history to reach this number, following the successes of Pokémon GO and Threads. Hamster...

Digital Currency Revolution

Hong Kong’s Crypto License Surpasses US, and Singapore Regulations in Digital Asset Innovation

Jun 29, 2024 22:06 pm UTC| Technology Digital Currency

Hong Kongs crypto license, allowing the trading of security tokens and cryptocurrencies under a single permit, surpasses US and Singapore regulations. This strategic move positions Hong Kong as a premier hub for digital...

Tesla Semi Spotted Testing LiDAR Sensors Near Gigafactory Nevada

Jun 29, 2024 22:02 pm UTC| Technology

A Tesla Semi equipped with LiDAR sensors was recently spotted near Gigafactory Nevada, sparking speculation about Teslas preliminary research on the vehicles driver-assist capabilities. Tesla Semi Spotted Near...

EU Intensifies Scrutiny on Microsoft's $13 Billion Investment in OpenAI

Jun 29, 2024 17:48 pm UTC| Technology

The EUs antitrust regulators are increasing their scrutiny of Microsofts $13 billion investment in OpenAI, focusing on the AI firms exclusive use of Microsofts cloud technology and its potential impact on...

Ford CEO Urges U.S. to Embrace EVs, Highlighting Future of Transportation

Jun 29, 2024 17:40 pm UTC| Technology

Ford CEO Jim Farley has called on the United States to embrace electric vehicles, emphasizing their potential to transform the future of transportation and urging consumers to give EVs a chance. Ford CEO Jim Farley...

SpaceX Valuation Hits $210B, Surpassing Disney and McDonald's Combined

Jun 29, 2024 17:33 pm UTC| Technology

Elon Musks SpaceX has reached a staggering valuation of $210 billion, making it the most valuable aerospace company globally. This unprecedented valuation surpasses household names like Disney and McDonalds, highlighting...

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Economy

Japan Economy Poised for Q4 2025 Growth as Investment and Consumption Hold Firm

Japans economy is widely expected to have returned to growth in the final quarter of 2025, supported by strong corporate investment and resilient consumer spending, according to a recent Reuters poll of economists. The...

Asian Stocks Slip as Tech Rout Deepens, Japan Steadies Ahead of Election

Asian stock markets mostly declined on Friday, tracking sustained losses in global technology shares and a weak lead from Wall Street, while Japanese equities managed to stabilize ahead of a closely watched national...

Japanese Pharmaceutical Stocks Slide as TrumpRx.gov Launch Sparks Market Concerns

Shares of major Japanese pharmaceutical companies fell sharply in early Tokyo trading on Friday after the launch of TrumpRx.gov, a new U.S. government-backed website offering discounted prescription medicines to American...

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...

Politics

Norway Opens Corruption Probe Into Former PM and Nobel Committee Chair Thorbjoern Jagland Over Epstein Links

Norways economic crime police unit, Økokrim, has opened an investigation into former prime minister and former Norwegian Nobel Committee chairman Thorbjoern Jagland on suspicion of aggravated corruption, authorities...

Iran–U.S. Nuclear Talks in Oman Face Major Hurdles Amid Rising Regional Tensions

Iran and the United States are preparing for high-stakes nuclear negotiations in Oman on Friday, but deep disagreements over the agenda and escalating regional tensions suggest that meaningful progress will be difficult....

Trump Allegedly Sought Airport, Penn Station Renaming in Exchange for Hudson River Tunnel Funding

U.S. President Donald Trump reportedly offered to release frozen federal funding for the $16 billion Gateway Hudson River tunnel project in exchange for Democratic Senator Chuck Schumers support for renaming Washington...

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...

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,...