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Microsoft-G42 Deal Forces Huawei Exit, White House Hails Move

Jun 24, 2024 22:51 pm UTC| Technology Business Politics

The White House praised Microsofts $1.5 billion investment in G42, emphasizing the positive impact of ending relations with Huawei on AI security. White House Sees Positive Shift in UAE Tech Alliances According to...

Shiba Inu Faces Uncertainty as 1 Trillion SHIB Dumped on Binance by Whale

Jun 24, 2024 16:53 pm UTC| Technology Digital Currency

Today, June 24, the cryptocurrency world has been flooded with speculative talk due to the emergence of Shiba Inu, the well-known dog-themed meme coin. Amid the tokens price decline throughout the course of the previous...

Shocking Costs: Tesla Cybertruck Repairs Lead to Totals and High Insurance Premiums

Jun 24, 2024 16:44 pm UTC| Technology

Concerns about the price of repairs have led to the appearance of a couple of Tesla Cybertrucks labeled totaled, which means they have suffered a complete loss. Insurance Concerns Arise Over Costly Cybertruck Repairs...

Huawei Mate 70 Series Expected to Launch by September 30 Amid Exciting Developments

Jun 24, 2024 16:19 pm UTC| Technology

According to recent leaks, Huaweis Mate 70 series is anticipated to launch around September 30, featuring advanced Kirin 5G processors and the latest HarmonyOS NEXT. The official release date may vary based on final...

Digital Currency Revolution

Japan's Metaplanet Bolsters Bitcoin Holdings with 1B Yen Amid Economic Uncertainty

Jun 24, 2024 08:24 am UTC| Digital Currency Technology

Metaplanet, a prominent Japanese investment company, has invested 1 billion yen in Bitcoin, reinforcing its strategic focus on cryptocurrency amid Japans economic challenges. Expanding Bitcoin Holdings The Bitcoin...

Bitcoin Falls Below $63K as Whale Transactions Drop 42%, Market Sentiment Shifts

Jun 24, 2024 07:29 am UTC| Technology Digital Currency

Bitcoins price fell below $63,000 following a significant 42% drop in whale transactions over the past two days, highlighting a shift in market sentiment and increased caution among major investors. Bitcoin Whale...

Pantera Capital Lauds Solana as the 'Mac OS of Blockchains' for Unique Architecture and Adoption

Jun 24, 2024 05:58 am UTC| Technology Digital Currency

In its latest blockchain letter, Pantera Capital praises Solana, comparing it to the Mac OS of blockchains for its architectural advantages and rising retail adoption, positioning it as a formidable competitor in the...

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Economy

Gold Prices Slide Below $5,000 as Strong Dollar and Central Bank Outlook Weigh on Metals

Gold prices reversed early gains and moved lower during Asian trading on Thursday, pressured by a strengthening U.S. dollar and reduced demand for safe-haven assets. Investor focus has shifted toward upcoming central bank...

Thailand Inflation Remains Negative for 10th Straight Month in January

Thailands annual headline inflation rate stayed in negative territory for the tenth consecutive month in January, underscoring continued price pressures driven largely by lower energy costs and government measures aimed at...

Silver Prices Plunge in Asian Trade as Dollar Strength Triggers Fresh Precious Metals Sell-Off

Silver prices tumbled sharply during Asian trading on Thursday, leading a broad sell-off across the precious metals market and erasing most of the short-lived rebound seen earlier this week. The steep decline highlighted...

South Korea’s Weak Won Struggles as Retail Investors Pour Money Into U.S. Stocks

South Koreas efforts to stabilise its currency are facing a growing domestic challenge as retail investors continue to pour record amounts of money into U.S. stocks, driving strong demand for dollars while the won trades...

Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady

Federal Reserve Governor Lisa Cook emphasized the importance of protecting the central banks credibility by ensuring inflation returns to its long-term target, signaling continued caution on monetary policy despite recent...

Politics

NATO to Discuss Strengthening Greenland Security Amid Arctic Tensions

NATO defence ministers are expected to discuss new measures to strengthen the security of Greenland at an upcoming meeting in Brussels, according to British Defence Secretary John Healey. The talks come amid renewed focus...

Trump Rejects Putin’s New START Extension Offer, Raising Fears of a New Nuclear Arms Race

U.S. President Donald Trump has rejected an offer from Russian President Vladimir Putin to voluntarily extend limits on strategic nuclear weapons following the expiration of the New START treaty, a landmark arms control...

Marco Rubio Steps Down as Acting U.S. Archivist Amid Federal Law Limits

U.S. Secretary of State and National Security Adviser Marco Rubio is no longer serving as the acting archivist of the United States, according to a statement confirmed Thursday by a spokesperson for the National Archives...

U.S. Sanctions on Russia Could Expand as Ukraine Peace Talks Continue, Says Treasury Secretary Bessent

U.S. Treasury Secretary Scott Bessent said on Thursday that the possibility of additional U.S. sanctions against Russia will depend largely on the progress of ongoing peace talks aimed at ending the nearly four-year-long...

Newly Released DOJ Epstein Files Expose High-Profile Connections Across Politics and Business

The U.S. Justice Departments release of millions of internal documents related to Jeffrey Epstein has reignited global scrutiny of the late financiers extensive network of powerful associates. The newly unsealed Epstein...

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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