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Ether Surges 13% After Trump Delays Trade Tariffs

Feb 04, 2025 04:46 am UTC| Digital Currency Business

Ether rebounded sharply on Tuesday, jumping 13% to $2,845.42 after U.S. President Donald Trump postponed trade tariffs on Canada and Mexico. The second-largest cryptocurrency recovered most of its 8% loss from the prior...

OpenAI and Kakao Forge AI Partnership for Korean Market

Feb 04, 2025 04:46 am UTC| Technology Business

OpenAI and Kakao have announced a strategic partnership to develop AI solutions tailored for South Korea. OpenAI CEO Sam Altman and Kakao CEO Chung Shina revealed the collaboration during a press conference in Seoul,...

Ontario Halts Starlink Contract Cancellation as U.S. Delays Tariffs on Canada

Feb 04, 2025 01:34 am UTC| Business Politics

Ontario has halted planned retaliatory measures against the U.S. after President Donald Trump postponed tariffs on Canadian imports by 30 days. Premier Doug Ford had initially threatened to ban U.S. companies from...

Alcohol Industry Faces Uncertainty Amid U.S. Tariff War

Feb 04, 2025 01:33 am UTC| Business

Global alcohol giants like Diageo (LON:DGE) and Brown-Forman (NYSE:BF.B) face significant challenges as the U.S. imposes 25% tariffs on Canadian and Mexican imports. President Donald Trump postponed the decision for a...

Palantir Warns Against Using Chinese AI Model DeepSeek, Forecasts Strong Growth

Feb 04, 2025 01:21 am UTC| Technology Business

Palantir (NASDAQ:PLTR) has urged clients to avoid Chinese AI startup DeepSeek, citing security concerns. Chief Revenue Officer Ryan Taylor stated that U.S. government agencies are unlikely to use DeepSeeks models. The...

Online performance reviews: How technology has changed manners and etiquette

Feb 03, 2025 10:56 am UTC| Insights & Views Business Technology

As we settle into the new year, one meeting often weighs heavily on the minds of employees: the performance appraisal review. For some, its a time of validation and recognition, while for others, it brings a mix of...

Bitcoin Drops to Three-Week Low Amid Trade War Concerns

Feb 03, 2025 10:49 am UTC| Business Digital Currency

Cryptocurrency prices plunged on Monday, with Bitcoin hitting a three-week low of $91,441.89 before recovering slightly to $95,730.35 at 0941 GMT, marking a 6.2% daily drop. Ether tumbled nearly 25% since Friday, its worst...

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Economy

U.S. Stock Futures Flat Ahead of July CPI Data

U.S. stock futures were little changed Tuesday evening after Wall Street suffered a second consecutive session of losses, as investors turned their attention to upcoming U.S. inflation data for clues about the Federal...

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...

Politics

Darline Graham Advances to South Carolina Senate Runoff

Darline Graham, the sister of the late U.S. Senator Lindsey Graham, has advanced to a Republican runoff for South Carolinas U.S. Senate seat, setting up an August 25 contest against U.S. Representative Ralph Norman....

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,...

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...