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Thu, Dec 19, 2024 06:23 AM All times are UTC

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Nvidia Doubles Down in China for AI Cars: 200 Hires Boost Ambitions Amid Trade Tensions

Dec 13, 2024 03:40 am UTC| Economy Technology

Nvidia, the global semiconductor leader, is amplifying its AI-driven car research in China, hiring 200 new employees even as semiconductor trade tensions escalate. Nvidia Expands AI Car Research in China Nvidia, a...

Meta Unveils Meta Motivo AI: Redefining Realism for Metaverse Avatars

Dec 13, 2024 03:12 am UTC| Technology Business Economy

Meta has revealed Meta Motivo AI, a cutting-edge solution to bring unprecedented realism to Metaverse avatars. This breakthrough reflects Metas bold investments in AI and immersive technology, aiming to transform virtual...

Trump's Crypto Scandal: 'Funds Tied to Terror Groups?' Critics Slam Shocking Links to Hamas and Hezbollah

Dec 12, 2024 20:08 pm UTC| Politics Digital Currency Technology

Former U.S. President-elect Donald Trump and his Middle East envoy, billionaire Steve Witkoff, have come under fire following revelations about their cryptocurrency venture, World Liberty Financial Inc., and its links to...

Meta’s $1M Inaugural Donation to Trump Sparks Outrage: ‘Mark Zuckerberg’s Politics Are as Two-Faced as Meta!’

Dec 12, 2024 18:20 pm UTC| Politics Technology Business

Meta Platforms, the tech giant helmed by Mark Zuckerberg, has donated $1 million to President-elect Donald Trumps inaugural fund, according to newly released Federal Election Commission filings. The substantial...

Tesla Head Autopilot HW Jumps to Amazon’s Zoox, Shaking up Self-Driving Ambitions

Dec 11, 2024 23:32 pm UTC| Economy Technology

Zheng Gao, who led Teslas Autopilot HW engineering for eight years, has joined Amazons Zoox. His departure comes as Tesla pushes promises of hands-free driving, while Zoox expands robotaxi testing in California, signaling...

Tesla’s Cybertruck China Filing Fuels Buzz Over Long-Awaited Market Launch

Dec 11, 2024 23:07 pm UTC| Economy Technology Business

Teslas Cybertruck has moved a step closer to potential availability in China after receiving an energy consumption label from the Ministry of Industry and Information Technology. The filing has fueled social media...

AI Is Supercharging Banks' Efficiency, But Why Can’t It Crack the Code for Profits?

Dec 11, 2024 22:38 pm UTC| Economy Technology

Artificial intelligence is helping banks like Goldman Sachs and BMO slash task times and free up creative potential. However, industry leaders revealed at the Reuters Next conference that despite the efficiency boom, AI...

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Economy

FxWirePro- Major Economic events for the day

Time (GMT) Currency Event Actual Forecast Previous 12:00pm GBP Monetary Policy...

Wall Street Jumps on Fed Rate Cut Hopes Driving Tesla and Nvidia Higher

Wall Street rallied Wednesday, buoyed by expectations of a Federal Reserve rate cut. Tesla and Nvidia powered gains as investors looked ahead to the Feds policy outlook and corporate earnings. Wall Street Gains as...

TikTok Challenges Looming Ban in US Supreme Court Showdown Over Free Speech

The US Supreme Court is set to hear TikToks challenge against a law demanding its sale or a nationwide ban by January 19. The case, pivotal for digital rights and national security, raises questions about free speech and...

Nvidia Stock Climbs on Positive Blackwell Update and Signs of GPU Momentum

Nvidia shares rose 2.5 percent early Wednesday as investors reacted to a report showcasing significant production progress on the Blackwell NVL system. The update reinforced expectations for strong GPU momentum in the...

UK Inflation Update: November CPI Expected to Rise Above Target

Today, December 18, 2024, the UK Consumer Prices Index (CPI) data for November is being released. Experts believe that the headline CPI will go up to 2.7%, compared to 2.3% in October. This increase means inflation will...

Politics

Mike Johnson Faces Backlash Over ‘Clean Bill’ Spending Plan as GOP Divisions Widen

House Speaker Mike Johnson is reportedly in discussions to abandon the current spending plan in favor of a clean bill, according to a report by POLITICO. The move, aimed at avoiding a government shutdown, has fueled...

’Ten Commandments Debate’ Heats Up as 18 States Back Louisiana’s Classroom Display Law

Eighteen states have voiced their support for Louisianas controversial law requiring public schools to display the Ten Commandments prominently in classrooms. The legislation mandates that the religious text be posted in a...

Trump’s Team ‘Lays Groundwork’ With Mexico and El Salvador for Mass Deportation Plan

Former President Donald Trumps transition team has reportedly started back-channel discussions with the governments of Mexico and El Salvador to prepare for a massive deportation plan if he returns to office. The effort is...

Ex-CDC Director Says ‘Vaccine Makers Lied’ About COVID as He Urges Congress to End Liability Shield

Former Centers for Disease Control and Prevention (CDC) Director Robert Redfield has urged Congress to remove the liability protections granted to vaccine manufacturers, claiming the public was misled about aspects of the...

Trump’s Border Czar Says ‘Mass Deportations’ Will Save Taxpayers Millions as Debate Heats Up

Tom Homan, former acting director of Immigration and Customs Enforcement and Trumps border czar, has stated that mass deportations would save American taxpayers millions of dollars over time. Homan shared his views during...

Science

Missing Radioactive Material in New Jersey Sparks Panic — Are Drones ‘Hunting for It’?

A small amount of radioactive material went missing in New Jersey earlier this month, raising concerns over public safety and potential security risks. The U.S. Nuclear Regulatory Commission (NRC) confirmed on December 2,...

Some black holes at the centers of galaxies have a buddy − but detecting these binary pairs isn’t easy

Every galaxy has a supermassive black hole at its center, much like every egg has a yolk. But sometimes, hens lay eggs with two yolks. In a similar way, astrophysicists like us who study supermassive black holes expect to...

Astronomers have pinpointed the origin of mysterious repeating radio bursts from space

Slowly repeating bursts of intense radio waves from space have puzzled astronomers since they were discovered in 2022. In new research, we have for the first time tracked one of these pulsating signals back to its...

How is Donald Trump prioritizing funding for cancer research in 2025?

President-elect Donald Trump has announced a major initiative to prioritize funding for cancer research in 2025, pledging billions in federal support to combat one of the worlds leading causes of death. The plan includes...

How will Donald Trump address renewable energy research funding in 2025?

President-elect Donald Trump has revealed plans to reshape the U.S. renewable energy landscape in 2025, sparking debates about the administrations commitment to combating climate change. While Trumps previous term focused...

Technology

Elon Musk Lights Up Tesla Buzz with $690.42 Price Target and $2 Trillion Market Cap Forecast

Tesla shares have skyrocketed, climbing over 85 percent since the election. Elon Musks forecast of a $690.42 share price and a $2 trillion market cap by 2025 has energized the market, fueled by AI and Full Self-Driving...

Lamborghini Pushes EV to 2029 Backing Belief That Luxury Market Still Needs More Time

Lamborghini is holding off on its first electric vehicle until 2029, confident that this timing is not too late. The automaker believes its luxury segment will not welcome a full EV much earlier, instead turning its...

Elon Musk Tells Users to ‘Stop Using Hashtags’ on X as Platform Moves Away From Trends

Elon Musk, CEO of X (formerly Twitter), has sparked fresh debate on social media after urging users to stop using hashtags. Musk stated that the platforms current system no longer requires them for functionality, adding...

Biden’s $300M Contracts to Reuters ‘Target Elon Musk’ as Federal Agencies Investigate His Companies: Report

The Biden administration reportedly awarded $300 million in government contracts to Reuters while 11 federal agencies conducted investigations into Elon Musks companiesTesla, SpaceX, Neuralink, and X (formerly Twitter)....

Donald Trump to Allegedly ‘Waive Apple’s China Tariffs’ as He Aims to Stop Samsung From Dominating Global Market

Former President Donald Trump is predicted to waive China tariffs on Apple to protect the U.S. tech giant from losing market share to its South Korean rival Samsung. The claim, made by prominent tech analyst Gene Munster,...