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Thu, Jan 15, 2026 07:45 AM All times are UTC

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Tesla's First Philippine Store Opens Nov. 9, Bringing EV Sales to Manila's Uptown Bonifacio

Nov 04, 2024 18:25 pm UTC| Technology Business

Tesla will open its first store in the Philippines on Nov. 9, expanding its presence in Southeast Asia with a location in Manilas Uptown Bonifacio. The stores debut marks Teslas latest effort to boost electric vehicle...

Nvidia and Elon Musk's xAI Reportedly Eye Landmark Investment Deal

Nov 04, 2024 09:51 am UTC| Technology Business

Elon Musks AI venture xAI is reportedly in talks with Nvidia for a substantial investment that could accelerate the development of its large language model, Grok. Sources suggest this move might significantly impact the...

SK hynix Debuts Industry-Leading 48GB 16-High HBM3E Memory, Revolutionizing AI Accelerator Performance

Nov 04, 2024 08:46 am UTC| Technology Business

At the SK AI Summit 2024, SK hynix CEO Kwak Noh-Jung unveiled the worlds first 16-high 48GB HBM3E memory solution, pushing AI memory capabilities to unprecedented levels. The advanced HBM3E solution promises enhanced...

Samsung Defies NVIDIA Fall-Out Rumors, Eyes HBM3E Integration in AI Accelerators Next Quarter

Nov 04, 2024 08:31 am UTC| Technology Business

Samsung appears poised to overcome setbacks in its quest to supply HBM3E memory to NVIDIA, aiming to establish itself in the AI accelerator market. With key milestones reportedly completed, Samsung may soon join the ranks...

Digital Currency Revolution

Ethereum Seen as Amazon of the 90s by Analyst: Is Wall Street Missing Out?

Nov 04, 2024 08:12 am UTC| Digital Currency Technology Business

An analyst at 21Shares sees Ethereums potential as akin to Amazons meteoric rise in the 90s, arguing that Wall Street is only beginning to understand its disruptive power. With billions in decentralized finance and a...

China’s DeepRoute.ai Secures $100M to Lead Autonomous Driving, Eyes 200,000-Car Rollout by 2025

Nov 04, 2024 07:17 am UTC| Technology Business

Chinese autonomous driving innovator DeepRoute.ai has raised $100 million from an unnamed local carmaker, aiming to outfit 200,000 vehicles with its advanced driving system by 2025. This bold move positions DeepRoute.ai to...

Digital Currency Revolution

XRP Climbs Above $0.50 as Bullish Signal Points to Recovery, Boosting Investor Confidence

Nov 04, 2024 07:04 am UTC| Digital Currency Technology Business

XRP, supported by a bullish divergence, is gaining momentum after reclaiming the $0.50 support level. The cryptocurrencys legal clarity continues to attract investor interest, with market signals showing waning bearish...

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Economy

China Signals Willingness to Deepen Canada Ties as Leaders Seek Reset in Relations

China has expressed a willingness to deepen cooperation with Canada while working to eliminate what it describes as interference, signaling a potential reset in bilateral relations after years of strain. The message was...

Gold Prices Retreat After Record Highs as Geopolitical and Fed Concerns Ease

Gold prices declined during Asian trading on Thursday, pulling back from three consecutive record-high sessions as easing geopolitical tensions and reassurance over U.S. monetary policy reduced safe-haven demand. Spot gold...

Asian Currencies Trade Flat as Yen Weakens on Election Fears and Won Retreats After U.S. Support

Most Asian currencies traded near flat levels on Thursday as investors remained cautious amid mixed political and monetary signals from both the region and the United States. The Japanese yen hovered near 18-month lows,...

South Korea Central Bank Signals End to Rate Cuts as Won Weakens

South Koreas central bank has signalled a potential end to its current easing cycle after keeping its benchmark interest rate unchanged at 2.50% in its first policy meeting of the year, prioritising financial stability as...

Yen Near 18-Month Lows as Election Risks and Intervention Fears Keep Markets on Edge

The Japanese yen stabilized near 18-month lows on Thursday, as investors remained cautious about the risk of currency intervention following strong verbal warnings from Japanese officials ahead of a snap national election....

Politics

Trump Says He Has No Immediate Plans to Fire Fed Chair Jerome Powell Amid DOJ Probe

U.S. President Donald Trump said on Wednesday that he currently has no plans to remove Federal Reserve Chair Jerome Powell, even as the Department of Justice has reportedly threatened the central banker with a criminal...

US Senate Delays Crypto Regulation Bill After Coinbase CEO Raises Concerns

The United States Senate Banking Committee has postponed a planned discussion on new cryptocurrency regulation legislation following public opposition from Coinbase CEO Brian Armstrong. The delay highlights ongoing...

Trump Delays Tariffs on Critical Minerals, Seeks Global Supply Deals to Protect U.S. Security

U.S. President Donald Trump has decided, for now, not to impose tariffs on rare earths, lithium, and other critical minerals, choosing instead to pursue international negotiations aimed at securing stable supplies. The...

Federal Judge Blocks Trump Administration From Cutting $80 Million in Minnesota SNAP Funding

A federal judge on Wednesday temporarily blocked the Trump administration from withholding roughly $80 million in federal funding used to administer Minnesotas Supplemental Nutrition Assistance Program (SNAP), commonly...

Japan Firms Warn Economic Risks as China Ties Fray and BOJ Tightens Policy

More than two-thirds of Japanese companies believe the domestic economy will suffer as relations with China continue to deteriorate, according to a recent Reuters survey conducted by Nikkei Research. Nearly half of the...

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

China Considers New Rules to Limit Purchases of Foreign AI Chips Amid Growing Demand

China is preparing new regulatory measures to manage how many advanced artificial intelligence chips domestic companies can purchase from foreign suppliers such as Nvidia, according to a report by Nikkei Asia citing...

Microsoft Strikes Landmark Soil Carbon Credit Deal With Indigo Carbon to Boost Carbon-Negative Goal

Microsoft has taken another major step toward its climate ambitions by agreeing to purchase a record 2.85 million soil carbon credits from Indigo Carbon, marking the largest regenerative agriculture-based carbon removal...

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...