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Cybertruck Production Ramp-Up Caught on Drone Footage; Tesla Giga Texas Gears Up for Mass Deliveries

Aug 25, 2024 11:55 am UTC| Technology Business

Drone footage reveals Teslas Giga Texas is ramping up Cybertruck production, with rows of the striking vehicles lined up, preparing for mass deliveries as Tesla accelerates its manufacturing pace. Tesla Giga Texas...

Digital Currency Revolution

Pavel Durov’s Arrest Sparks 32% Surge in Toncoin Open Interest Amid Market Uncertainty

Aug 25, 2024 11:13 am UTC| Digital Currency Technology Business

The arrest of Telegram CEO Pavel Durov triggered a 32% surge in Toncoins open interest, reflecting heightened market uncertainty and trader activity. Durov Faces Multiple Charges, Including Conspiracy Following...

Digital Currency Revolution

Bitcoin's Quick Path to $68K: Chart Signals Indicate Potential Surge, Say Traders

Aug 25, 2024 10:44 am UTC| Digital Currency Technology Business

Bitcoin is showing signs of a rapid climb to $68,000, with chart signals pointing to an extremely quick move that could reignite interest among investors. Bitcoin Signals Rapid Climb to $68K Cryptocurrency investors...

Digital Currency Revolution

SHIB Price Surges Despite Shibarium's 88.24% Transaction Plunge, Rally Defies Bearish Trend

Aug 25, 2024 10:17 am UTC| Digital Currency Technology Business

Despite an 88.24% plunge in Shibariums daily transaction count, Shiba Inus (SHIB) price has surged, defying market expectations and showcasing unexpected resilience in the meme-themed cryptocurrency. SHIB Price Surges...

Tesla Model Y Juniper Prototype Makes Another Appearance on US Roads Amid Ongoing Speculation

Aug 25, 2024 08:44 am UTC| Technology Business

The Tesla Model Y Juniper prototype has been seen once more on US roads, intensifying rumors about possible updates to the electric crossover, even as Elon Musk downplays any significant changes this year. Tesla Model Y...

Apple Intelligence Rumored as Key Element in iPhone 16 Pitch, Major AI Push Expected

Aug 25, 2024 08:07 am UTC| Technology Business

Apple is rumored to be banking on its new Apple Intelligence to lead the sales pitch for the upcoming iPhone 16. With a launch event expected in September, this AI integration could drive significant consumer...

Gurman: Apple’s M4 Macs Might Debut with 16GB of RAM as Default for the First Time

Aug 25, 2024 07:22 am UTC| Technology Business

Apples forthcoming M4 Macs are expected to break new ground by offering 16GB of RAM as the standard configuration for the first time, according to Bloombergs Mark Gurman. Gurman: M4 Macs Likely to Start with 16GB...

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Economy

Asian Stock Markets Trade Flat as Holiday Liquidity Thins and BOJ Minutes Watched

Asian stock markets traded mostly flat on Wednesday as subdued year-end trading volumes and holiday-thinned liquidity limited investor activity across the region. With Christmas and New Year holidays approaching, many...

US and Japan Fast-Track $550 Billion Strategic Investment Initiative

The United States and Japan have agreed to accelerate coordination on their Strategic Investment Initiative, a major bilateral framework backed by a $550 billion fund established under the two countries tariff agreement....

Japan Plans $189 Billion Bond Issuance as Record Budget Signals Expansionary Fiscal Policy

Japan is preparing to issue new government bonds worth approximately $189 billion to help finance a record-breaking national budget for the next fiscal year, according to a draft budget reviewed by Reuters. The move...

BOJ Minutes Reveal Growing Debate Over Interest Rate Hikes and Inflation Risks

Bank of Japan (BOJ) policymakers actively debated whether to continue raising interest rates toward levels considered neutral for the economy, according to minutes from their October policy meeting released on Wednesday....

Gold Price Breaks $4,500 as Safe-Haven Demand and Rate Cut Bets Fuel Rally

Spot gold surged past the key psychological level of $4,500 per ounce for the first time on Wednesday, marking a historic milestone for the precious metal and reinforcing its status as a preferred safe-haven asset. The...

Politics

U.S. Signs $2.3 Billion Global Health MOUs With Four African Nations

The United States has signed four new global health memorandums of understanding (MOUs) with Madagascar, Sierra Leone, Botswana, and Ethiopia, reinforcing its long-term commitment to strengthening global health security...

U.S. Discusses Migrant Transfer Plan With Palau Despite Lawmaker Opposition

The United States has renewed discussions with Palau over a controversial proposal to transfer third-country nationals to the Pacific Island nation, despite clear resistance from Palaus lawmakers earlier this year....

NSW Passes Toughest Gun and Anti-Terror Laws After Bondi Beach Shooting

Australias most populous state, New South Wales, has passed sweeping new gun control and anti-terrorism laws following the deadly Bondi Beach mass shooting, marking the most significant tightening of firearm and protest...

Democratic Attorneys General Sue Trump Administration Over Proposed Limits on Gender-Affirming Care for Youth

A coalition of Democratic state attorneys general has filed a federal lawsuit seeking to block proposed rules by the Trump administration that would significantly restrict access to gender-affirming care for transgender...

U.S. Pledges Maximum Sanctions on Venezuela Amid Rising Global Tensions

The United States has told the United Nations it will impose and strictly enforce sanctions to the maximum extent against Venezuela in an effort to deprive President Nicolás Maduro of financial resources, escalating...

Science

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...

Blue Origin’s New Glenn Achieves Breakthrough Success With First NASA Mission

Blue Origins massive New Glenn rocket marked a major milestone as it completed its first mission for paying customers, sending two NASA satellites toward Mars and successfully landing its reusable booster at sea. The...

Cogent Biosciences Soars 120% on Breakthrough Phase 3 Results for Bezuclastinib in GIST Treatment

Cogent Biosciences (NASDAQ: COGT) shares skyrocketed over 120% after the biotech company announced groundbreaking results from its Phase 3 PEAK trial evaluating bezuclastinib in combination with sunitinib for patients with...

Technology

Texas App Store Age Verification Law Blocked by Federal Judge in First Amendment Ruling

A federal judge in Texas has blocked the enforcement of a new state law that would have required app stores and developers to verify users ages, marking a significant legal win for major technology companies and digital...

FTC Praises Instacart for Ending AI Pricing Tests After $60M Settlement

The U.S. Federal Trade Commission has welcomed Instacarts decision to end its artificial intelligence-based price testing, a move that follows weeks of consumer backlash and regulatory scrutiny. FTC Chair Andrew Ferguson...

John Carreyrou Sues Major AI Firms Over Alleged Copyrighted Book Use in AI Training

Investigative journalist John Carreyrou, widely known for exposing fraud at Silicon Valley blood-testing startup Theranos and for authoring the bestselling book Bad Blood, has filed a new copyright infringement lawsuit...

Italy Fines Apple €98.6 Million Over App Store Dominance

Italys competition authority has imposed a 98.6 million ($115.53 million) fine on U.S. technology giant Apple and two of its subsidiaries, citing alleged abuse of a dominant market position related to the distribution of...

Moore Threads Unveils New GPUs, Fuels Optimism Around China’s AI Chip Ambitions

Moore Threads Technology Co Ltd (SS:688795), often described as Chinas potential alternative to NVIDIA Corporation (NASDAQ: NVDA), attracted investor attention after unveiling a new lineup of graphics processing units at...