Elon Musk Leads Federal Cost-Cutting Effort Amid Treasury Access Concerns
Key Points Billionaire Elon Musk, appointed by President Donald Trump to lead federal downsizing efforts, is set to provide an update on the initiative early
Key Points Billionaire Elon Musk, appointed by President Donald Trump to lead federal downsizing efforts, is set to provide an update on the initiative early
Key Points U.S. President Donald Trump met with Nvidia CEO Jensen Huang at the White House on Friday to discuss DeepSeek, the Chinese AI company
Key Points According to a report by online analysis firm Graphika, Chinese state-linked social media accounts heavily promoted the launch of AI startup DeepSeek’s models
Key Points Days after Chinese AI startup DeepSeek introduced a breakthrough in low-cost AI computing, U.S. tech giants Microsoft and Meta defended their massive AI
Key Points On Tuesday, White House press secretary Karoline Leavitt confirmed that the U.S. government is assessing the national security risks posed by the Chinese
Key Points Google Maps is set to rename the “Gulf of Mexico” to the “Gulf of America” in an upcoming update, following a recent decision
Key Points Meta Platforms Inc. faces mounting concerns as DeepSeek, a conversational AI developed by a Chinese hedge fund, is emerging as a serious competitor
Key Points Bitcoin and the broader cryptocurrency market saw modest gains on Friday following President Donald Trump’s executive order to reshape crypto regulations and explore
Key Points U.S. President Donald Trump has issued an executive order establishing a cryptocurrency working group tasked with drafting new digital asset regulations and exploring
Key Points Several Meta platform’s social media users reported on Wednesday that their accounts automatically re-followed the profiles of President Donald Trump, Vice President JD
Key Points U.S. President Donald Trump has announced a massive private sector investment of up to $500 billion to develop artificial intelligence (AI) infrastructure in
Key Points Bitcoin and other major cryptocurrencies experienced a significant decline on Tuesday as investor enthusiasm surrounding President Donald Trump’s inauguration began to wane. Market
Key Points Chinese officials are reportedly engaging in preliminary discussions about a potential sale of TikTok’s U.S. operations to Elon Musk if the app cannot
Key Points A coalition of trade groups from the semiconductor and manufacturing sectors has sent a private letter to U.S. President Joe Biden, criticizing new
Key Points British Prime Minister Keir Starmer is set to unveil an ambitious plan to establish the UK as a global leader in artificial intelligence,
Key Points The relentless Palisades Fire continues its devastating march through Southern California, expanding northeast into affluent neighborhoods like Brentwood and Bel Air. According to
Key Points On Friday, the U.S. Supreme Court appeared inclined to uphold a law mandating TikTok’s sale or potential ban by January 19, citing national
Key Points Nvidia strongly opposes reports of the Biden administration’s proposed restrictions on AI chip exports, urging the outgoing president to refrain from implementing a
Key Points The U.S. Supreme Court is facing a pivotal decision on whether to uphold a national ban on TikTok, a move driven by concerns
Key Points A prominent technology industry group has urged the Biden administration to reconsider implementing a sweeping rule that could severely limit global access to
Key Points China’s top government research academy is accelerating efforts to bolster semiconductor self-reliance amid escalating U.S. trade restrictions. The Chinese Academy of Sciences (CAS)
Key Points The tech world converges on Las Vegas as CES 2025 gears up to showcase the industry’s latest innovations. While the show officially begins
Key Points The Federal Deposit Insurance Corporation (FDIC), a U.S. bank regulator, advised banks to pause direct involvement in cryptocurrency-related activities between 2022 and 2023.
Key Points Hybrid-powered vehicles are gaining traction over battery-only models in China as consumers increasingly move away from gas-powered cars. BYD, the market leader, reported
Key Points Malaysia’s communications regulator has granted Tencent’s WeChat and ByteDance’s TikTok licenses to operate under a new social media law designed to combat increasing
Key Points Bitcoin’s remarkable rise in 2024 saw its value double, reaching a historic milestone of $100,000. This surge was driven by the U.S. Securities
Key Points The U.S. government fund created to compensate victims of Bernard Lawrence Madoff’s infamous Ponzi scheme has announced its tenth and final distribution, marking
Key Points Nvidia has had a remarkable year, with soaring revenues and stock prices fueled by strategic investments in artificial intelligence. Riding the generative AI
Key Points According to experts and one of the impacted firms, a series of cyberattacks compromising Chrome browser extensions has affected multiple companies, with incidents
Key Points Bitcoin experienced its first decline in three days, dropping by as much as 3.4% to $95,110 in New York on Thursday. This retreat
Key Points Toyota Motor’s global production declined for the 10th consecutive month in November, with the world’s largest automaker reporting a 6.2% drop to 869,230
Key Points Alphabet’s (GOOGL.O) Google has recently adjusted its search result formats to align with European Union tech legislation, known as the Digital Markets Act
Key Points A pro-tech advocacy group, American Edge Project, has issued a report highlighting the growing dangers posed by China’s artificial intelligence (AI) technology and
Key Points Democratic Senator Ed Markey and Republican Senator Rand Paul have called on President Joe Biden to extend by 90 days the January 19
Key Points According to sources familiar with the matter, Apple is reportedly in early discussions with Chinese tech giants Tencent and ByteDance about incorporating their
Key Points Salesforce CEO Marc Benioff says the company has surpassed 1,000 paid deals for Agentforce, its artificial intelligence-driven platform for creating virtual representatives. Speaking