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Digital Currency Revolution

China on Crypto Alert: Ex-Finance Minister Sounds Off After US Bitcoin ETF Shift

Sep 29, 2024 12:03 pm UTC| Digital Currency Technology Business

Lou Jiwei, Chinas former finance minister, has called for a thorough examination of cryptocurrency implications after the US approved Bitcoin ETFs, warning that digital currencies could destabilize global markets due to...

Digital Currency Revolution

Shiba Inu Among Worst Performers While Meme Coin Rivals Surge—What's Happening to SHIB?

Sep 29, 2024 11:47 am UTC| Digital Currency Technology Business

Shiba Inu has tumbled by over 3% in the past 24 hours, making it one of the worst-performing tokens. This comes after a significant 34% rally, leaving holders to wonder if the dip is merely a correction or a sign of...

Digital Currency Revolution

Billionaire Bitcoiner Flees UK Over Offshore Tax Changes, Settles in Crypto-Powered Swiss City

Sep 29, 2024 11:23 am UTC| Digital Currency Technology Business

A high-profile billionaire Bitcoiner has escaped the UKs upcoming tax changes, opting to settle in Lugano, Switzerland, a Bitcoin-friendly town. The UKs tighter tax rules on offshore assets have pushed many top investors...

Big lithium plans for Imperial Valley, one of California’s poorest regions, raise a bigger question: Who should benefit?

Sep 29, 2024 10:23 am UTC| Technology Business

Imperial County consistently ranks among the most economically distressed places in California. Its Salton Sea, the states biggest and most toxic lake, is an environmental disaster. And the regions politics have been...

‘We nicknamed it Eddy’: what do schools and teachers think of AI in classrooms?

Sep 29, 2024 10:14 am UTC| Technology

Its almost two years since ChatGPT burst onto the scene in late 2022. Since then, educators worldwide have been grappling with what generative artificial intelligence might mean for classrooms and learning. ChatGPT has...

Apple Withdraws from OpenAI Investment Talks Ahead of $6.5 Billion Funding Round: WSJ Reports

Sep 29, 2024 00:45 am UTC| Technology Business

Apple has reportedly pulled out of negotiations to join OpenAIs $6.5 billion funding round, according to The Wall Street Journal. The decision leaves Microsoft and Nvidia as potential key investors in OpenAI, which is...

Tesla’s $25K Compact Car Could Drive Bigger Stock Gains Than Robotaxi, Analyst Predicts

Sep 29, 2024 00:41 am UTC| Technology Science

As anticipation builds for Teslas Robotaxi, some analysts believe the companys upcoming $25,000 compact car will have a more significant impact on its stock. Gary Black of The Future Fund argues that entering the...

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Economy

Japan Declines Comment on BOJ’s Absence From Global Support Statement for Fed Chair Powell. Source: Asturio Cantabrio, CC BY-SA 4.0, via Wikimedia Commons

Japan has declined to comment on why the Bank of Japan (BOJ) did not join a rare joint statement issued by other major central banks in support of U.S. Federal Reserve Chair Jerome Powell, following reports of threats of...

Gold Prices Hold Near Record Highs as Fed Rate Cut Bets and Iran Tensions Fuel Safe-Haven Demand

Gold prices edged higher in Asian trading on Wednesday, hovering just below the record highs reached in the previous session, as a combination of easing U.S. inflation data, expectations of future Federal Reserve rate...

Asian Stocks Rise as Japan Hits Record Highs and China Gains on Trade Data

Asian stock markets showed mixed but generally positive performance on Wednesday, led by strong gains in Japanese stocks and renewed optimism around Chinas economy and technology sector. Japans equity markets surged to...

US–India Trade Talks Race Toward USD 500 Billion Goal

On January 13, 2026, the United States and India resumed negotiations to establish a new trade relationship between the two countries under the leadership of newly appointed U.S. Ambassador Sergio Gor. The goal of the...

Jefferies Sees Further Upside for Chinese AI Stocks as Valuation Gap Narrows

Jefferies has expressed a bullish outlook on Chinese artificial intelligence stocks, saying the sector still has significant upside potential as the valuation gap with U.S. AI peers continues to narrow. In a recent...

Politics

Trump Signals Confidence China Could Open Markets to U.S. Goods Amid Rising Global Tensions

U.S. President Donald Trump said on Tuesday that he believes China could eventually open its markets wider to American goods, once again emphasizing what he described as a strong personal relationship with Chinese...

Trump Administration Approves Nvidia H200 AI Chip Sales to China Under New Export Rules

The Trump administration has officially approved the sale of Nvidias H200 artificial intelligence chips to China, marking a major shift in U.S. export policy and reigniting debate over national security and global AI...

Amazon Reviews Supplier Costs as U.S.–China Tariffs Ease

Amazon has confirmed that it is in discussions with some of its vendors about adjusting product costs following a recent reduction in U.S. tariff rates on Chinese imports, a move that could influence pricing across its...

Congress Seen as Check on Trump Policies, But Markets Face Rising Volatility, Says BCA Research

Congress is expected to restrain President Donald Trumps most aggressive policy initiatives, but financial markets should prepare for heightened volatility as he tests those boundaries, according to a recent analysis from...

Trump Responds to Criticism at Michigan Auto Plant as Epstein Controversy Resurfaces

U.S. President Donald Trump sparked fresh controversy during a visit to a Michigan auto plant after video footage circulated online showing him making an obscene hand gesture and appearing to direct profanity toward a...

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

Taiwan Issues Arrest Warrant for OnePlus CEO Over Alleged Illegal Recruitment Activities

Title: Taiwanese prosecutors have issued an arrest warrant for Pete Lau, the chief executive officer of Chinese smartphone maker OnePlus, accusing him of involvement in illegal business operations and recruitment...

Zhipu AI Launches GLM-Image Model Trained on Huawei Chips, Boosting China’s AI Self-Reliance Drive

Chinese artificial intelligence startup Zhipu AI has unveiled a new open-source image generation model, marking a significant milestone in Chinas push for technological self-reliance. The model, called GLM-Image, was...

Alphabet Stock Poised for Growth as Bank of America Sees Strong AI Momentum Into 2026

Bank of America has reinforced its bullish outlook on Alphabet, citing improving artificial intelligence sentiment and a strengthening competitive position that could drive the company toward becoming the worlds most...

AFT Leaves X Over AI-Generated Images of Minors

The American Federation of Teachers (AFT), one of the largest teachers unions in the United States, has announced it is leaving the social media platform X, citing serious concerns over the creation and spread of...

Nvidia Denies Upfront Payment Requirement for H200 AI Chips Amid China Export Scrutiny

Nvidia has denied claims that it requires full upfront payments for its H200 artificial intelligence chips, pushing back against reports suggesting unusually strict sales terms for Chinese customers. In a statement issued...