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Salesforce Invests $1B in Singapore to Advance AI and Digital Innovation

Mar 12, 2025 12:19 pm UTC| Technology Business

Salesforce (NYSE:CRM) is making a major investment in Singapore, pledging $1 billion over the next five years to accelerate artificial intelligence (AI) development and digital transformation. The move reinforces the...

Reliance Jio Partners with SpaceX’s Starlink for Satellite Internet in India

Mar 12, 2025 06:53 am UTC| Business Technology

Mukesh Ambanis Reliance Jio has signed a deal with Elon Musks SpaceX to bring Starlink satellite internet services to India. This move comes after months of disputes between the two billionaires over how the country should...

Trump Backs Musk, Warns Tesla Vandals Will Face Severe Consequences

Mar 12, 2025 04:14 am UTC| Technology Business Politics

Tesla (NASDAQ: TSLA) surged nearly 4% Tuesday after U.S. President Donald Trump warned that attacks on Tesla dealerships would be treated as domestic terrorism. Standing alongside Tesla CEO Elon Musk at the White House,...

Toyota Eyes UK Exports to U.S. Amid Trump’s Trade Tariff Plans

Mar 12, 2025 03:50 am UTC| Technology Business

Toyota (NYSE: TM) is exploring vehicle exports from its UK plant to the U.S. in response to higher trade tariffs under President Donald Trump, according to the Financial Times. The worlds largest automaker faces increasing...

China Leads Global EV Sales Growth Despite EU Tariffs

Mar 12, 2025 03:49 am UTC| Technology Business

China continued to dominate the global electric vehicle (EV) market in February, with sales surging 76% year-on-year, according to Rho Motion. Despite European Union tariffs on China-made EVs, global sales of battery...

Trump Buys Tesla to Back Musk Amid Controversy, TSLA Shares Rebound

Mar 12, 2025 03:49 am UTC| Technology Business Politics

Tesla (NASDAQ: TSLA) shares jumped 4% Tuesday after U.S. President Donald Trump purchased a new Tesla to support CEO Elon Musk. Trump praised Musk for his leadership and cost-cutting efforts under the Department of...

Xpeng Eyes Major Investment in Humanoid Robots, Aims for Up to $13.8 Billion

Mar 11, 2025 14:24 pm UTC| Technology Business

Chinese EV maker Xpeng (NYSE:XPEV) is gearing up for a massive investment in humanoid robots, with potential spending reaching 100 billion yuan ($13.8 billion), CEO He Xiaopeng revealed during Chinas annual parliamentary...

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Economy

U.S.–Taiwan Trade Deal Spurs $500 Billion Semiconductor Investment in America

A new U.S. trade deal with Taiwan is set to significantly reshape the global semiconductor landscape, with massive investments aimed at strengthening chip manufacturing in the United States. According to Commerce Secretary...

Dollar Holds Firm as Strong U.S. Data Dims Fed Rate Cut Hopes

The U.S. dollar remained resilient on Friday, positioning itself for a third consecutive weekly gain as stronger-than-expected U.S. economic data reduced market expectations for near-term Federal Reserve rate cuts. The...

IMF Chief Signals New $8.1 Billion Ukraine Aid Program After Surprise Kyiv Visit

International Monetary Fund Managing Director Kristalina Georgieva made a surprise visit to Kyiv on Thursday, signaling continued global financial support for Ukraine as the war with Russia drags on. Speaking to Reuters,...

Oil Prices Steady in Asia as Iran Tensions Ease and Venezuelan Supply Returns

Oil prices were mostly steady during Asian trading on Friday, following a sharp selloff in the previous session that erased most of the gains recorded earlier in the week. The stabilization in crude markets came as...

Wall Street Futures Steady as Tech Stocks Rally on TSMC Earnings, Banks Support Markets

U.S. stock index futures stabilized on Thursday evening after a strong rebound in technology stocks helped Wall Street snap a two-day losing streak. The recovery was driven largely by blockbuster earnings from Taiwan...

Politics

Schumer Urges Trump to Halt ICE Raids, Citing Fear in U.S. Cities

U.S. Senate Democratic Leader Chuck Schumer sharply criticized Immigration and Customs Enforcement operations during a meeting with President Donald Trump on Thursday, warning that ongoing ICE raids in major U.S. cities...

Trump Pushes Gaza Demilitarization Deal With Backing From Egypt, Turkey, and Qatar

U.S. President Donald Trump said on Thursday that Egypt, Turkey, and Qatar are backing his push for a comprehensive demilitarization agreement with Hamas, as Washington moves forward with the next phase of its plan to end...

Trump Backs Palestinian Technocratic Government to Lead Gaza Transition

U.S. President Donald Trump announced on Thursday that he is supporting the establishment of a newly appointed Palestinian Technocratic Government to oversee the administration of Gaza during a transitional period, a...

US Imposes 25% Tariff on High-End Semiconductors as Phase One Move

The United States government has announced a 25% national security tariff on certain high-end semiconductors, marking what officials describe as a phase one step in a broader strategy to protect and strengthen the domestic...

U.S. Warns All Options Remain on Table as Iran Protests Dominate U.N. Security Council Debate

The United States has reiterated its strong support for the brave people of Iran amid ongoing anti-government protests, warning that all options remain on the table to halt what it describes as a violent crackdown by...

Science

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

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...

Technology

Publishers Seek to Join Lawsuit Against Google Over Alleged AI Copyright Infringement

Major publishing companies Hachette Book Group and Cengage Group have formally asked a California federal court for permission to intervene in a proposed class action lawsuit against Google, intensifying the ongoing legal...

China’s AI Models Narrow the Gap With the West, Says Google DeepMind CEO

Chinas artificial intelligence capabilities are rapidly catching up to those of the United States and other Western nations, according to Demis Hassabis, CEO of Google DeepMind. Speaking on a CNBC podcast, Hassabis said...

xAI Restricts Grok Image Editing After Sexualized AI Images Trigger Global Scrutiny

Elon Musks artificial intelligence company xAI announced new restrictions on its Grok AI chatbot after the platform generated sexualized and manipulated images that raised alarms among regulators worldwide. The move comes...

TSMC Set to Post Record Q4 Profit as AI Chip Demand Accelerates

Taiwan Semiconductor Manufacturing Co (TSMC), the worlds largest contract chipmaker and a critical supplier to Nvidia and Apple, is expected to deliver a record-breaking fourth-quarter profit, driven by surging global...

U.S. Lawmakers Raise Alarm Over Trump Approval of Nvidia AI Chip Sales to China

U.S. lawmakers and former national security officials are voicing strong concerns over President Donald Trumps decision to allow Nvidia to resume sales of its advanced H200 artificial intelligence chips to China, warning...