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Fri, Jan 31, 2025 02:48 AM All times are UTC

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U.S. Lawmakers Urge AI Chip Export Ban Amid DeepSeek Concerns

Jan 31, 2025 02:45 am UTC| Technology Business Politics

Two U.S. lawmakers are urging the Trump administration to consider restricting Nvidias (NASDAQ:NVDA) AI chip exports, citing concerns over Chinas AI advancements. Representatives John Moolenaar and Raja Krishnamoorthi,...

FDA Approves Vertex’s Non-Opioid Painkiller Journavx, Offering New Alternative for Acute Pain

Jan 31, 2025 02:25 am UTC| Business

The U.S. Food and Drug Administration (FDA) has approved Vertex Pharmaceuticals (NASDAQ:VRTX) non-opioid drug Journavx for acute pain, marking a breakthrough in pain management. Unlike traditional opioids, which activate...

Nvidia Approves Samsung's HBM3E Chips for AI, but SK hynix Remains Leader

Jan 31, 2025 02:25 am UTC| Technology Business

Nvidia (NASDAQ:NVDA) has approved Samsung Electronics (KS:005930) 8-layer HBM3E chips for artificial intelligence applications, Bloomberg reported. The chips will be used in Nvidias AI products for China, which are less...

Apple Forecasts Sales Growth Amid AI Expansion and iPhone Recovery

Jan 31, 2025 02:25 am UTC| Technology Business

Apple (NASDAQ:AAPL) anticipates solid sales growth as it integrates AI features across its product lineup, helping offset a slight decline in iPhone sales. Despite missing Wall Streets iPhone revenue estimates for the...

SoftBank Eyes $40B Investment in OpenAI Amid AI Race

Jan 31, 2025 02:25 am UTC| Business Technology

SoftBank Group (TYO:9984) is in talks to lead a funding round of up to $40 billion in OpenAI, valuing the ChatGPT maker at $300 billion, sources said. If finalized, this would mark a record-breaking private funding round....

The Economics of Precision Farming: Costs and Benefits

Jan 30, 2025 23:54 pm UTC| Business

The agricultural world is experiencing a fundamental transformation through the implementation of precision farming methods in 2025. These methods support farmers to boost their production while maintaining sustainability....

Why Innovation Is The Driving Force Behind Long-Term Business Growth

Jan 30, 2025 23:40 pm UTC| Business

In an ever-evolving marketplace, businesses that prioritize innovation are the ones that achieve sustainable growth and long-term success. Innovation not only drives competitive advantage but also fosters adaptability,...

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Economy

Tokyo Inflation Hits Near Two-Year High, BOJ Rate Hike Impact in Focus

Tokyos consumer price index (CPI) inflation accelerated in January, reaching a near two-year high as strong private spending sustained price growth. The headline CPI rose 3.4% year-on-year, up from 3% in December, marking...

Stock Futures Rise Slightly as Investors Await Key Inflation Data

U.S. stock index futures edged higher Thursday evening following modest Wall Street gains, driven by corporate earnings from Apple and Microsoft. Investors now focus on Fridays personal consumption expenditures (PCE) price...

Hong Kong Keeps Interest Rates Unchanged, Tracking Fed's Decision

The Hong Kong Monetary Authority (HKMA) maintained its base rate at 4.75% on Thursday, aligning with the U.S. Federal Reserves decision to hold rates steady. Hong Kongs monetary policy follows U.S. interest rate moves due...

Former IEA Official Criticizes Agency’s Green Focus, Calls for Oil and Gas Prioritization

The International Energy Agency (IEA) is facing criticism for its shift toward clean energy policies. Former IEA oil market chief Neil Atkinson, along with Mark Mills of the National Center for Energy Analytics, released a...

Stock Market Dips as Fed’s Hawkish Pause Dampens Sentiment; Big Tech Earnings Await

The SP 500 closed lower Wednesday as investors reacted to the Federal Reserves hawkish stance and awaited earnings from major tech firms. The Dow Jones Industrial Average fell 137 points (0.3%), while the SP 500 and NASDAQ...

Politics

Trump’s Defense Secretary Revokes Milley’s Security Clearance, Launches Inquiry

New U.S. Defense Secretary Pete Hegseth, appointed by President Donald Trump, has revoked the security clearance and personal security detail of retired Army General Mark Milley, former chairman of the Joint Chiefs of...

RFK Jr. Faces Senate Scrutiny Over Vaccine Views in HHS Nomination Hearing

Robert F. Kennedy Jr., President Donald Trumps nominee to lead the U.S. Department of Health and Human Services (HHS), faced intense questioning at a Senate confirmation hearing. Democratic senators accused him of...

Meta Settles Trump Lawsuit for $25M Amid Efforts to Repair Ties

Meta Platforms (NASDAQ: META) has agreed to pay $25 million to settle a lawsuit filed by U.S. President Donald Trump over the suspension of his social media accounts following the January 6, 2021, Capitol riot. Trump had...

Netanyahu Meets U.S. Envoy Witkoff Amid Gaza Ceasefire Talks

U.S. Middle East envoy Steve Witkoff visited Gaza on Wednesday before meeting Israeli Prime Minister Benjamin Netanyahu, as efforts to solidify a ceasefire and advance regional diplomacy continue. His visit, confirmed by a...

Ahmed al-Sharaa Takes Charge as Syria’s Transitional President Amid Power Shift

Ahmed al-Sharaa has been declared Syrias transitional president, cementing his authority less than two months after leading the offensive that ousted Bashar al-Assad. The announcement, made by the military command...

Science

It’s science, not fiction: high-tech drones may soon be fighting bushfires in Australia

Picture this. Its a summer evening in Australia. A dry lightning storm is about to sweep across remote, tinder-dry bushland. The next day is forecast to be hot and windy. A lightning strike tonight could spark a fire that...

Earth is bombarded with rocks from space – but who gets to keep these ultimate antiques?

Every day, about 48.5 tonnes of space rock hurtle towards Earth. Meteorites that fall into the ocean are never recovered. But the ones that crash on land can spark debates about legal ownership. Globally, meteorite hunting...

Most of us trust scientists, shows a survey of nearly 72,000 people worldwide

Public trust in scientists is vital. It can help us with personal decisions on matters like health and provide evidence-based policymaking to assist governments with crises such as the COVID pandemic or climate change. In...

Astronauts on NASA’s Artemis mission to the Moon will need better boots − here’s why

The U.S.s return to the Moon with NASAs Artemis program will not be a mere stroll in the park. Instead it will be a perilous journey to a lunar location representing one of the most extreme environments in the solar...

Why Africa’s young scientists should help check the quality of climate change research

Scientific research is essential for addressing the climate crisis. The Intergovernmental Panel on Climate Change (IPCC), a United Nations body, assesses the science on climate change through its regular assessment...

Technology

Nvidia Approves Samsung's HBM3E Chips for AI, but SK hynix Remains Leader

U.S. Probes DeepSeek Over Possible Nvidia Sanctions Violation

U.S. officials are investigating whether Chinese AI startup DeepSeek sourced advanced Nvidia (NASDAQ: NVDA) processors through Singapore distributors to bypass U.S. sanctions, Bloomberg reported. The probe centers on...

Apple Forecasts Sales Growth Amid AI Expansion and iPhone Recovery

SoftBank Eyes $40B Investment in OpenAI Amid AI Race

DeepSeek AI Disrupts Market, Challenging U.S. AI Giants

Chinese AI startup DeepSeek is making waves, with its AI assistant surpassing OpenAIs ChatGPT on Apples U.S. App Store. Using Nvidias lower-capability H800 chips, DeepSeek claims to have trained its model for under $6...

Digital Currency