Breaking News, Business, Financial and Economic News, World News from EconoTimes

Become a contributor

Bookmark Econotimes

Technology

Thu, Dec 19, 2024 06:24 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

China’s DJI and Autel Drones Could Be Grounded by US Military Bill Over National Security Threats

Dec 09, 2024 21:13 pm UTC| Economy Technology

Chinas leading drone makers, DJI and Autel Robotics, may soon be barred from selling in the U.S., as lawmakers push a military bill addressing national security risks linked to Chinese technology. The decision could...

US House Corners Huawei, ZTE Under National Security Spotlight, Fueling $3B Cleansing Effort

Dec 09, 2024 03:41 am UTC| Technology Politics Economy

The U.S. House of Representatives is backing a $3 billion initiative to purge Huawei and ZTE devices from domestic wireless networks. Lawmakers say the measure will strengthen national security, preserve rural...

Survey on AI finds most people want it regulated, but trust in government remains low

Dec 09, 2024 02:00 am UTC| Insights & Views Technology

If you use social media, youve likely come across deepfakes. These are video or audio clips of politicians, celebrities or others manipulated using artificial intelligence (AI) to make it appear like the person is saying...

Cybertruck Wraps Fuel Tesla’s Next Move: Custom Avatars Headed to Multiple Models

Dec 08, 2024 22:18 pm UTC| Economy Technology

Following a successful debut with the Cybertruck, Tesla is extending its wrap customization feature to more vehicles. The 2024 Holiday Update introduced a new era of personalized infotainment, letting users create digital...

Microsoft’s AI Revenue ‘Explodes,’ Tesla’s Robotaxi Plans Shock Wall Street, and Credo’s 30% Leap Sparks Frenzy

Dec 08, 2024 21:26 pm UTC| Technology Economy

Wall Street analysts are doubling down on artificial intelligence (AI) growth, issuing bold ratings for tech giants like Microsoft, Tesla, and Credo Technology. AI advancements have fueled optimism across industries, with...

‘Microsoft’s UAE AI Deal Sparks Security Fears:’ U.S. Clears Advanced Chip Export Amid Controversy

Dec 08, 2024 21:10 pm UTC| Economy Technology

The U.S. government has granted approval for the export of advanced artificial intelligence (AI) chips to a Microsoft-operated facility in the United Arab Emirates (UAE), marking a significant step in Microsofts...

Cybercab Shocker: Tesla Lead Engineer Reveals It Has Half the Parts of a Model 3

Dec 07, 2024 21:55 pm UTC| Economy Technology

Teslas Cybercab, unveiled by the companys lead engineer, pushes self-driving innovation with a compact two-seat design, half the parts of a Model 3, and impressive storage capacity. This efficiency-focused robotaxi sets a...

1 2 3 4 5 6 7 8 9 10

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,...