EU Watchdog Warns of Risks from Foreign-Issued Stablecoins
Key Points The European Union’s top financial risk watchdog is sounding the alarm about stablecoins that are partly issued outside the European Union, warning that
Key Points The European Union’s top financial risk watchdog is sounding the alarm about stablecoins that are partly issued outside the European Union, warning that
Key Points Today’s artificial intelligence models, such as those that power ChatGPT, are unlikely to produce any major, Nobel Prize-level scientific breakthroughs. That’s the verdict
Key Points OpenAI, the creator of ChatGPT, has reached a staggering $500 billion valuation after its employees sold off about $6.6 billion worth of their
Key Points Google has laid off more than 100 employees in design-related roles, the latest in a series of cuts as the tech giant shifts
Key Points OpenAI is teaming up with South Korean chip giants Samsung and SK Hynix to secure a massive supply of memory chips and build
Key Points U.S. stock futures fell on Wednesday as investors braced for the fallout from a federal government shutdown. The biggest immediate concern for the
Key Points Taiwan has forcefully rejected a demand from the Trump administration to move half of its semiconductor production to the United States. The defiant
Key Points Apple and OpenAI are asking a federal judge to throw out the antitrust lawsuit filed against them by Elon Musk’s AI company, xAI.
Key Points Global trading of the Chinese yuan has surged to $817 billion a day, putting it in hot pursuit of the British pound as
Key Points Scientists have developed a new type of sensor that addresses a significant challenge in the pursuit of building powerful, light-based computers. The breakthrough
Key Points Quantum computing startup PsiQuantum has started construction on a major new facility in Chicago, a project powered by a fresh $1 billion in
Key Points Cloud computing startup CoreWeave has signed a massive deal to supply Meta Platforms with up to $14.2 billion worth of computing power, a
Key Points Amazon is holding a major launch event on Tuesday, where it’s expected to unveil a “brand new lineup” of devices, all likely built
Key Points Payments giant Visa is launching a new pilot program that will enable businesses to use stablecoins for international payments. The move is a
Key Points China’s factory activity shrank for the sixth month in a row in September, the longest slump since 2019, according to an official government
Key Points California utility PG&E announced on Monday it plans to spend a massive $73 billion by 2030 on transmission upgrades to keep up with
Key Points Video game giant Electronic Arts, the company behind massive franchises like “Madden NFL” and “The Sims,” is being acquired for $55 billion in
Key Points Every single member of the European Union has now joined a Dutch-led coalition pushing to overhaul the bloc’s ambitious “Chips Act.” The move
Key Points As stock market valuations soar to new heights, many investors are getting nervous, worried that a major crash is just around the corner.
Key Points China is rolling out a new visa program this week, designed to attract foreign tech talent —a move perfectly timed to capitalize on
Key Points Social media platform X announced on Monday that it will appeal a recent court order in India, which grants millions of police officers
Key points A team of researchers at the University of Delaware has made a significant breakthrough in tackling plastic pollution. They’ve developed a novel catalyst
Key Points The “Sell America” trade that spooked Wall Street earlier this year has fizzled out. Despite fears over President Trump’s tariffs, new data show
Key Points Scientists have developed a new AI system that can learn the hidden rules governing collective motion, a breakthrough that could help us program
Key Points Former Meta global affairs chief Nick Clegg has a simple message for the tech world: stay out of politics. He said Friday that
Key Points President Donald Trump on Thursday announced a sweeping new round of import tariffs, including a massive 100% duty on branded drugs and a
Key Points Google’s YouTube is rolling back its strict misinformation policies, announcing that it will now allow accounts previously banned for spreading false information about
Key Points Investor confidence in China’s mainland stock market has cooled slightly, but it hasn’t plummeted. Recent data paints a mixed picture, with some areas
Key Points Chinese tech giant Baidu is bringing its fully driverless robotaxi service to Dubai, with plans to begin operations in the first quarter of
Key Points Taiwan aims to double its chip and electronics exports to India over the next five to seven years, betting on the South Asian
Key points US President Donald Trump has signed an executive order endorsing a deal that secures the future of TikTok’s US operations, averting a potential
Key points xAI, the artificial intelligence company founded by Elon Musk, has initiated legal action against its rival, OpenAI, alleging the theft of trade secrets.
Key points US stock futures traded near a flat line Thursday morning as investors remained cautious, awaiting key economic data that could influence the Federal
Key points A consortium of nine prominent European banks, including ING, UniCredit, and DekaBank, announced the formation of a new company to launch a euro-denominated
Key points China’s agricultural import strategy has undergone a dramatic shift, with the country significantly increasing its purchases of soybeans from Argentina following the South
Key points Singapore has issued a stern warning to Meta Platforms, demanding that the company implement anti-impersonation measures on its Facebook platform by the end