The U.S. Navy has issued a warning prohibiting its members from using DeepSeek, a Chinese AI model, citing security and ethical concerns. The directive, sent via email on Friday, instructed
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Trans-Pacific shipping rates declined as Chinese factories slowed operations for the Lunar New Year. Asia’s factories and logistics networks shut down for 15 days during the holiday, reducing shipping demand.
Mexican President Claudia Sheinbaum said she does not expect U.S. President Donald Trump to announce a 25% tariff on Mexican goods on Feb. 1. “We don’t expect it will happen,”
Howard Lutnick, President Donald Trump’s nominee for Commerce Secretary, has pledged to sell all of his business assets within 90 days. “I will divest, I will sell all of my
Los Angeles municipal bondholders will not face payment disruptions despite ongoing wildfires, according to PIMCO, a major U.S. bond fund manager. The wildfires, which started on January 7, have caused
Germany’s government has sharply reduced its economic growth forecast for 2025 to just 0.3%, a major drop from the previous estimate of 1.1%. The announcement came on Wednesday as Europe’s
Norway’s sovereign wealth fund, the world’s largest, reported a 13% return in 2024, adding $222 billion in profits, mainly due to strong gains in U.S. technology stocks. Despite the record-breaking
Norway’s sovereign wealth fund, the world’s largest, posted a record profit of $222 billion in 2024, driven by strong gains in technology stocks. The fund, valued at $1.8 trillion, invests
European stocks hit a record high on Wednesday, driven by strong earnings from ASML, the leading chip equipment maker. The pan-European STOXX 600 index rose 0.5%, surpassing Tuesday’s record close.
Alibaba has launched its latest AI model, Qwen 2.5-Max, and claims it surpasses DeepSeek-V3, OpenAI’s GPT-4o, and Meta’s Llama-3.1-405B. The announcement came on the first day of the Lunar New
The U.S. dollar strengthened against major currencies on Tuesday, following new tariff threats from the United States and concerns over a low-cost Chinese AI model, DeepSeek, disrupting the tech market.
Reid Hoffman, the co-founder of LinkedIn, has raised $25 million for his new AI startup, Manas AI, which focuses on developing faster and more accurate cancer treatments. Key Goals of
President Donald Trump is preparing to impose 25% tariffs on Canada and Mexico, following his successful use of the same tactic to force Colombia to accept deportees. Trump has stated
U.S. President Donald Trump revealed on Monday that Microsoft is in discussions to acquire TikTok, the popular social media app. He added that he would welcome a bidding war for
Taiwan’s economy ministry defended its semiconductor partnership with the U.S. on Tuesday, calling it a “win-win” model amid tariff threats from President Donald Trump. Trump announced plans to impose tariffs
The world’s 500 richest people lost a staggering $108 billion on Monday as a tech-led selloff rocked global markets. The selloff was triggered by the sudden rise of Chinese AI
President Donald Trump announced plans to impose tariffs on U.S. imports of copper, aluminum, and steel, aiming to boost domestic production. However, analysts warn that these tariffs could raise prices
Google has announced it will update the names of the Gulf of Mexico and Denali on Google Maps after changes ordered by the Trump Administration. These changes will reflect updates
On January 20, 2025, President Donald Trump wasted no time in advancing his pro-oil and gas agenda. In his inauguration speech, he declared a national “energy emergency,” calling for a
Meta’s updated paid ad-free service may still violate EU privacy and consumer laws, according to the European Consumer Organisation (BEUC). The group has urged regulators to take action against the
Ross Ulbricht, the creator of the infamous darknet marketplace Silk Road, is a free man after 11 years in prison. President Donald Trump granted him a full and unconditional pardon
On January 23, 2025, President Donald Trump signed an executive order to create a regulatory framework for digital assets in the United States. The move aims to boost innovation in
A new proposal by Tennessee Congressman Andy Ogles could allow Donald Trump to serve as U.S. President until 2032. The proposal seeks to amend the 22nd Amendment, which currently limits
In one of his first acts as the 47th President of the United States, Donald Trump has officially renamed the Gulf of Mexico to the Gulf of America. However, the
TikTok, the popular social media platform, has found itself in a legal and political bind in the United States. After a ruling by the U.S. Supreme Court, TikTok is no
In his initial 24 hours back in office, President Donald Trump enacted a series of significant executive actions that underscore his “America First” agenda. Withdrawal from the World Health Organization
President Donald Trump’s inauguration as the 47th president of the United States on Monday brought together a striking mix of political figures, celebrities, and tech industry leaders. High-profile attendees included
TikTok restored its services in the United States on Sunday, just hours after shutting down due to a national ban. The app’s comeback followed a statement from President-elect Donald Trump
Late on Saturday, TikTok ceased operations in the United States, marking the end of a long battle over the app’s presence in the country. The app was removed from Apple’s
Ripple has pledged $100,000 in XRP to help communities affected by the devastating California wildfires. The donation will support the work of nonprofit organizations World Central Kitchen and GiveDirectly, which