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Wed, Aug 12, 2026 01:49 AM All times are UTC

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Reddit Shares Drop 15% as Google Algorithm Change Impacts Traffic

Feb 13, 2025 05:37 am UTC| Technology Business

Reddits stock tumbled 15% in extended trading after missing Q4 market estimates for daily active unique visitors. The decline was attributed to a Google algorithm update that affected how often the platform appeared in...

WazirX Heist: Fallout from India's Biggest Crypto Hack

Feb 13, 2025 00:34 am UTC| Business

One of Indias largest cryptocurrency exchanges experienced a massive $230 million heist on July 18, 2024. The stolen crypto accounted for almost 50% of WazirXs total assets. Funds were frozen and investor confidence was...

Bank of Japan Governor Ueda Warns of Inflation Risks Amid Rising Food Prices

Feb 12, 2025 11:16 am UTC| Business Economy

Bank of Japan (BOJ) Governor Kazuo Ueda cautioned on Wednesday that persistently high food prices could impact inflation expectations. Speaking to parliament, Ueda acknowledged that rising costs of fresh foods and daily...

Reserve Bank of India Injects Record $28.85 Billion to Stabilize Rupee and Boost Liquidity

Feb 12, 2025 11:16 am UTC| Business

The Reserve Bank of India (RBI) is set to infuse a record 2.50 trillion rupees ($28.85 billion) into the banking system through an overnight variable rate repo auction on Wednesday. This marks the central banks largest...

Nissan Shares Plunge as Foxconn Clarifies Partnership Intentions

Feb 12, 2025 11:15 am UTC| Technology Business

Nissan Motor Co. (TYO:7201) saw its shares drop 6.8% to 412.4 yen on Wednesday after Foxconn (SS:601138) Chairman Young Liu clarified that the electronics giant was pursuing a partnership with Nissan, not ownership. Liu...

Eneos Plans Japan’s Largest IPO in Seven Years with JX Advanced Metals Listing

Feb 12, 2025 11:15 am UTC| Business

Japans top oil refiner, Eneos Holdings, is set to launch the nations largest IPO in seven years, aiming to raise at least 400 billion yen ($2.61 billion) by listing its wholly owned metals unit, JX Advanced Metals (JXAM),...

Commonwealth Bank Reports Profit Growth Amid Economic Recovery

Feb 12, 2025 11:14 am UTC| Business

Commonwealth Bank of Australia (CBA), the nations largest lender, reported a slight rise in first-half profit, driven by economic recovery and a significant drop in loan impairment charges. The banks shares hit a record...

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Economy

Australia Housing Crisis Deepens as Worker Shortages Delay Homebuilding

Australias housing shortage is intensifying as construction worker shortages, rising costs and higher financing expenses slow the delivery of new homes, putting the governments 1.2 million-home target by 2029 at risk. In...

Dollar Steady as Markets Await U.S. Inflation Data

The U.S. dollar traded mostly flat in early Asian trading on Wednesday as investors focused on upcoming U.S. inflation data for clues about the Federal Reserves next interest-rate decision. Renewed attacks on shipping...

Asian Currencies Steady as Markets Await U.S. Inflation Data

Asian currencies and the U.S. dollar traded in narrow ranges on Tuesday as investors stayed cautious ahead of key U.S. inflation data that could influence expectations for the Federal Reserves interest-rate outlook. The...

Asian Stocks Mixed as RBA Holds Rates, Oil Risks Rise

Asian stocks traded mixed on Tuesday as gains in South Korea and Singapore offset weakness across several regional markets. Investors assessed the Reserve Bank of Australias latest interest rate decision while monitoring...

Oil Prices Rise as US-Iran Talks Stall, Inflation Risks Grow

Oil prices climbed on Tuesday as stalled U.S.-Iran peace negotiations and uncertainty over reopening the Strait of Hormuz renewed concerns about global energy supplies. Asian stock markets, meanwhile, traded cautiously as...

Politics

Judge Blocks Trump Mail Voting Order Ahead of 2026 Midterms

A federal judge has blocked the U.S. Postal Service (USPS) from enforcing part of President Donald Trumps executive order aimed at tightening mail-in voting rules ahead of the November 2026 midterm elections. U.S. District...

Ukraine Accuses Russia of Systematic Torture of POWs and Civilian Detainees

Former Ukrainian detainees and government officials have accused Russia of widespread and systematic torture of Ukrainian prisoners of war and civilian detainees, alleging beatings, electric shocks, sexual violence and...

Houthi Attack on Yemen’s Mocha Port Kills 7, Injures 30

At least seven people were killed and 30 others wounded after Houthi forces launched a major attack on Yemens Red Sea port city of Mocha, according to the Yemeni military. The military said in a statement early Monday that...

Trump Media Says Truth API Draws 10+ Customers as Conflict Concerns Grow

Trump Media Technology Group said Monday that more than 10 customers have signed up for its upcoming Truth API, a real-time data service designed to provide rapid access to posts from prominent Truth Social accounts,...

Trump Secretly Switched Planes in Turkey After Iran Threat, Report Says

U.S. President Donald Trump secretly switched to a smaller military aircraft while leaving Turkey last month due to a potential Iranian security threat, according to a Washington Post report published Monday. Trump had...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

Technology

Anthropic Signs $9.1B AI Data Center Deal With Riot Platforms

Anthropic has reportedly signed a $9.1 billion long-term agreement with Riot Platforms (NASDAQ: RIOT) to secure large-scale AI computing capacity, marking another major investment by the Claude developer as demand for...

Nvidia Secures $500 Billion AI Infrastructure Push With Wall Street Giants

Nvidia is expanding its influence beyond semiconductors after announcing agreements aimed at mobilizing up to $500 billion in third-party capital for artificial intelligence infrastructure. The move brings the AI chip...

SEC Clears Path for Data Center Securitizations as AI Financing Demand Surges

The U.S. Securities and Exchange Commission (SEC) has provided regulatory clarification that could make it easier for data center owners and operators to access capital markets as the artificial intelligence boom drives...

Apple Tests China’s CXMT Memory Chips for iPhones and MacBooks Amid AI Supply Crunch

Apple Inc. (NASDAQ: AAPL) is reportedly testing memory chips from Chinese semiconductor manufacturer CXMT Corp as the rapid expansion of artificial intelligence infrastructure puts increasing pressure on global memory...

Sony, TSMC Eye $6.3 Billion Japan Chip Venture for Next-Gen Image Sensors

Sony Group and Taiwan Semiconductor Manufacturing Co. (TSMC) are reportedly preparing to invest about 1 trillion yen ($6.32 billion) in a new Japanese semiconductor venture focused on next-generation chips for image...