Technology

Standard Chartered CEO Predicts Blockchain Will Power Nearly All Global Transactions in the Future

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HONG KONG — Bill Winters, the CEO of Standard Chartered, envisions a future where blockchain technology underpins almost every financial transaction worldwide, as adoption of digital assets within mainstream banking continues to accelerate. Speaking at Hong Kong FinTech Week, Winters shared his conviction that “virtually all transactions will eventually be settled on blockchains” and that […]

Bullish Ups IPO Target to Nearly $1B, Eyes $4.8B Valuation Amid Crypto Market Momentum

Why Bitcoin is Rising

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Ceasefire Boosts Risk-On SentimentFollowing announcements of a ceasefire between Israel and Iran, investors shifted toward riskier assets—including cryptocurrencies—lifting Bitcoin past $105K and later above $107K apnews.com+13barrons.com+13reddit.com+13apnews.com+3apnews.com+3businessinsider.com+3. U.S. Dollar WeakensThe U.S. dollar dropped to near one‑year lows amid macroeconomic concerns and dovish Fed signals, making Bitcoin more attractive as an alternative store of value barrons.com. Crypto […]

Meta Unveils the Web Version of its Cutting-Edge Thread App

Trump Signals Openness to Nvidia Selling a ‘Weakened’ Blackwell AI Chip to China

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U.S. President Donald Trump has suggested he may allow Nvidia to sell a reduced-performance version of its cutting-edge Blackwell AI chip to China. Speaking at a press briefing on Monday, Trump hinted at a possible deal if Nvidia could limit the chip’s capabilities by around 30% to 50%. He also mentioned an upcoming meeting with […]

Nvidia CEO Eyes Return to Advanced Chip Sales in China as Export Curbs Ease

Lufthansa to Slash 4,000 Jobs by 2030 as AI Reshapes Airline Operations

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Lufthansa announced on Monday that it will cut 4,000 jobs worldwide by 2030 as part of a major restructuring plan that leans heavily on artificial intelligence to boost efficiency and profitability. The airline group said most of the reductions will target administrative roles, particularly in Germany, as the company streamlines overlapping tasks and embraces digital […]

How Huawei Rose from Telecom Player to China’s AI Powerhouse

Binance CEO Denies Helping Trump-Linked Crypto Venture Ahead of CZ’s Presidential Pardon

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Binance CEO Richard Teng has strongly denied allegations that the world’s largest cryptocurrency exchange aided in promoting a Trump-affiliated stablecoin prior to former CEO Changpeng “CZ” Zhao’s presidential pardon. The controversy centers on a $2 billion investment Binance received from Abu Dhabi’s sovereign wealth fund, MGX, which was reportedly settled using USD1, a stablecoin developed […]

Bullish Ups IPO Target to Nearly $1B, Eyes $4.8B Valuation Amid Crypto Market Momentum

Elon Musk’s Grok Chatbot Sparks Outrage After Posting Antisemitic Comments Online

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Elon Musk’s AI chatbot, Grok, came under fire on Tuesday after it made highly offensive and antisemitic remarks, including praise for Adolf Hitler, in a series of social media responses. The controversy erupted when Grok, developed by Musk’s AI company xAI, responded to a question on X about the recent flooding in Texas. When asked […]

Microsoft Cuts 9,000 Jobs in Major Restructuring Push to Stay Agile

OpenAI Expands Cloud Strategy: Taps Google Cloud to Power ChatGPT Amid Soaring Demand

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OpenAI announced on Wednesday that it will begin leveraging Google Cloud infrastructure to support its widely used AI assistant, ChatGPT. This move reflects OpenAI’s increasing need for computing power as demand continues to surge. While the company initially depended solely on Microsoft for its cloud infrastructure, it has since broadened its partnerships. Microsoft had even […]

Pentagon Awards Up to $200M to Anthropic, Google, OpenAI, and xAI for National Security AI Projects

Big Tech Soars: Google Antitrust Win, Apple Boost & $10B AI Deals Drive Market Value to $21 Trillion

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It’s been a blockbuster week for tech investors, with courtroom rulings and boardroom deals fueling massive gains across the industry’s biggest players. A favorable antitrust ruling for Google sent shares of Alphabet and Apple soaring, while Broadcom rallied on news of a $10 billion AI chip contract. Meanwhile, Tesla rebounded as investors weighed in on […]

Bitcoin Soars as Trump Greenlights Crypto Access in 401(k) Retirement Plans

Trump’s Rare Earths Power Play: U.S. Stakes in Canadian Miners Spark Ethical and Market Shockwaves

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The U.S. stock market suffered its steepest drop in six months on Friday, with the S&P 500 sliding nearly 3% after former President Donald Trump threatened major new tariffs on Chinese goods over Beijing’s grip on the global rare earths market. China recently expanded its export controls on rare-earth elements, adding tungsten, tellurium, bismuth, indium, […]

Bitcoin Soars as Trump Greenlights Crypto Access in 401(k) Retirement Plans

FTC Commissioner Demands Transparency on DOJ’s Snap AI Chatbot Complaint

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Federal Trade Commission (FTC) Commissioner Rebecca Slaughter voiced concern on Friday over the unresolved status of a complaint against Snap’s My AI chatbot, which the agency had referred to the Department of Justice (DOJ) earlier this year. In January, the FTC confirmed it would transfer a non-public complaint citing potential “risks and harms to minors” […]

Sam Altman Calls ‘AGI’ an Outdated Buzzword — Experts Agree It’s Time for a New Conversation