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Thu, Dec 19, 2024 06:00 AM All times are UTC

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GM Dumps $10B Cruise Robotaxi Bet, Shifts Gears on Self-Driving Future

Dec 10, 2024 23:29 pm UTC| Economy Technology

General Motors has called time on its $10 billion Cruise robotaxi project, marking a major shift in its autonomous driving ambitions. The automakers decision comes amid fierce competition, regulatory hurdles, and efforts...

AI Safety Gaps Exposed: US Official Says Evolving Tech Threatens Cybersecurity and Oversight

Dec 10, 2024 23:06 pm UTC| Economy Technology

Policymakers are facing tough decisions on AI safety as rapidly evolving technology creates cybersecurity risks and oversight gaps. A US official emphasized the need for industry collaboration to address synthetic content...

Tesla's 2025 Robotaxi Vision: Human Teleoperators to Boost Safety in California and Texas Rollout

Dec 10, 2024 07:13 am UTC| Technology Business

Tesla aims to launch its robotaxi service in California and Texas by 2025, ensuring safety with human teleoperators and a company-owned fleet. Deutsche Bank revealed the details after meeting with Tesla officials. Tesla...

Tesla Model Q Teases BYD Dolphin Rivalry With Sub-$30K Price, Analysts Expect Game-Changing Impact

Dec 10, 2024 06:53 am UTC| Technology Business

Teslas rumored Model Q hatchback, with a sub-$30K price, targets BYD Dolphin and Volkswagen ID.3 in the affordable EV segment. The anticipated H1 2025 launch has analysts revising stock price targets, hinting at a...

Grand Theft Hamlet documentary shines a light on reinventing Shakespeare in a virtual world

Dec 10, 2024 05:04 am UTC| Insights & Views Technology

The new documentary Grand Theft Hamlet marks a groundbreaking moment in the world of digital performance. It tells the story of an innovative theatrical production of Hamlet, staged within the popular video game Grand...

OpenAI’s Sora Turbo Takes on Meta and Google with Stunning 1080p Text-to-Video Features

Dec 09, 2024 22:01 pm UTC| Technology Business

OpenAIs latest move in AI innovation introduces Sora Turbo, a cutting-edge text-to-video tool for ChatGPT Plus users. With HD capabilities and robust safety measures, Sora enters a competitive space dominated by Google and...

Wall Street Shudders as Nvidia Stumbles on China Probe, Markets Brace for Inflation Shockwaves

Dec 09, 2024 21:36 pm UTC| Economy Technology

Wall Streets main indexes dipped Monday as Nvidia plummeted following a Chinese antimonopoly investigation. Investors grew jittery ahead of critical U.S. inflation readings due midweek, raising questions about the Federal...

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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,...