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Tesla Triples Cybertruck Production, Aims for 2025 Profitability

Jul 23, 2024 23:49 pm UTC| Technology Business

Tesla has announced a tripling of Cybertruck production rates, with a target of profitability by 2025. Tripled Cybertruck Production to Drive Profitability As part of its Shareholder Deck for Q2 2024, Tesla revised...

BYD Launches First Electric MPV in Indonesia, Priced Under $25,000

Jul 23, 2024 22:31 pm UTC| Technology Business

BYD, Chinas leading electric vehicle manufacturer, has launched the M6, Indonesias first electric multipurpose vehicle (MPV). Unveiled at the 31st Indonesia International Motor Show, the M6 aims to cater to the growing...

SpaceX Unveils Design for ISS Deorbit Vehicle Using Dragon Heritage Hardware

Jul 23, 2024 22:22 pm UTC| Science Technology

NASAs decision to entrust SpaceX with constructing the ISS deorbit vehicle marks a significant milestone in space technology. SpaceX recently revealed a rendering of the car based on its Dragon spacecraft, which features...

Apple's Foldable iPhone Release Eyed for 2026, Potential Major Redesign

Jul 23, 2024 21:09 pm UTC| Technology Business

Apple may introduce its first foldable iPhone by 2026, aiming for a significant hardware redesign to compete with Samsung and Huawei. Apples Foldable iPhone Has Moved Past the Concept Stage According to Tuesdays...

Digital Currency Revolution

Trump Denies Picking Bitcoin Skeptic Jamie Dimon or BlackRock's Larry Fink for Treasury

Jul 23, 2024 20:41 pm UTC| Digital Currency Technology

Donald Trump has denied the rumors that he considered Jamie Dimon, CEO of JPMorgan, or Larry Fink, CEO of BlackRock, for the U.S. Treasury Secretary position, addressing widespread speculation. Trump Refutes Treasury...

Digital Currency Revolution

Toyota Embraces Ethereum’s ERC-4337 for Revolutionary Mobility Standards

Jul 23, 2024 20:20 pm UTC| Digital Currency Technology

In a groundbreaking move, Toyota Blockchain Lab has adopted Ethereums ERC-4337 standard, aiming to revolutionize mobility solutions with advanced blockchain technology. Developing the Toyota Mobility Concept A recent...

Digital Currency Revolution

Shiba Inu (SHIB) Burn Rate Soars 482%, Sparking Renewed Interest

Jul 23, 2024 19:39 pm UTC| Digital Currency Technology

Shiba Inu (SHIB) has seen its burn rate soar by 482%, sparking renewed interest and debate in the cryptocurrency market. Shiba Inus Recent Burn Rate Increase Explained While news of the Ethereum ETFs introduction...

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Economy

Asian Stocks Rise as Tech Rally and Japan Election Speculation Lift Markets

Asian stock markets advanced on Tuesday, led by strong gains in technology shares as optimism around artificial intelligence continued to drive investor sentiment. Japans Nikkei 225 index was the standout performer,...

Oil Prices Climb for Fourth Session as Iran Unrest and Supply Risks Fuel Market Fears

Oil prices continued to rise during Asian trading on Tuesday, extending gains for a fourth consecutive session as mounting geopolitical tensions and global supply disruption risks lifted market sentiment. Brent crude and...

Australian Consumer Confidence Falls Further as Rate and Job Worries Grow

Australian consumer confidence weakened further in January, slipping deeper into pessimistic territory as households became increasingly uneasy about interest rates, employment prospects, and the short-term economic...

Bank of Korea Expected to Hold Interest Rates as Weak Won Limits Policy Easing

South Koreas central bank is widely expected to keep its key interest rate unchanged at 2.50% at its upcoming policy meeting, as a weakening Korean won and lingering inflation pressures reduce room for further monetary...

Japan Warns U.S. Over Yen Depreciation as Dollar Hits One-Year High

Japans Finance Minister Satsuki Katayama has raised serious concerns over the rapid weakening of the Japanese yen, describing its recent movement as a one-sided depreciation, during a meeting with U.S. Treasury Secretary...

Politics

AbbVie Commits $100 Billion to U.S. Investment in Drug Pricing Deal With Trump Administration

AbbVie has announced a major agreement with the U.S. government that could reshape drug pricing and pharmaceutical investment in the country. The company said it has entered into a three-year deal with President Donald...

Trump Warns of New Tariffs as Iran Protests Escalate and U.S.-Iran Tensions Rise

Tehran said it is keeping communication channels open with Washington as U.S. President Donald Trump weighs how to respond to Irans violent crackdown on nationwide protests, one of the most serious challenges to clerical...

Trump Pushes Tech Giants to Absorb AI Data Center Power Costs, Citing Microsoft Changes

U.S. President Donald Trump said Monday evening that his administration is working closely with major American technology companies to prevent the rising electricity costs of AI data centers from increasing household...

Medvedev Jokes About Greenland Referendum as Trump Renews Push to Control Arctic Island

Russian Security Council Deputy Chairman Dmitry Medvedev has sparked international attention after suggesting, in a sarcastic remark, that Greenlanders could vote to join Russia if U.S. President Donald Trump fails to act...

Russian Missile Attacks Hit Kyiv and Kharkiv, Causing Casualties

Russian forces launched renewed attacks on Ukraines two largest cities early Tuesday, intensifying the ongoing conflict and raising concerns over civilian safety and regional security. According to Ukrainian officials,...

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

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...

SK Hynix to Invest $13 Billion in Advanced Chip Packaging Plant as AI Memory Demand Surges

SK Hynix Inc, a key supplier to Nvidia and one of the worlds largest memory chipmakers, announced plans to invest 19 trillion won (approximately $13 billion) to build a cutting-edge chip packaging plant in South Korea,...

Starlink Internet Remains Active in Iran Despite Nationwide Blackout

Some Iranians continue to access the internet through Elon Musks Starlink satellite service despite a sweeping nationwide communications blackout, highlighting how satellite internet is increasingly used to bypass...

BESI Reports Strong Q4-25 Orders Surge Driven by Data Center and Hybrid Bonding Demand

BE Semiconductor Industries N.V. (Euronext: BESI), a leading Dutch semiconductor assembly equipment manufacturer, reported robust preliminary orders for the fourth quarter of 2025, underscoring strengthening demand across...

Trump Considers Starlink to Restore Internet Access in Iran Amid Protests

U.S. President Donald Trump said on Sunday that he is considering discussions with billionaire entrepreneur Elon Musk about restoring internet access in Iran, where authorities have imposed widespread blackouts amid...
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