Mexico Imposes New Tariffs That Could Affect E-Tailers Like Shein and Temu
Mexico’s new tariff policy is set to shake up the world of online shopping, with platforms like Shein and Temu potentially facing significant hurdles. Starting January 1, goods entering Mexico…
Decline in Crypto Theft: December Sees Lowest Losses of 2024
In the closing month of 2024, the digital asset community witnessed a significant reduction in financial losses due to scams, exploits, and hacks. December registered the lowest amount stolen all…
U.S. Crypto Executives Anticipate Clearer Regulations Under New Administration
With the imminent arrival of a new U.S. presidential administration and Congress, the digital asset industry is abuzz with expectations of potentially more accommodating regulatory frameworks. Key industry leaders are…
Terraform Co-founder Do Kwon Pleads Not Guilty in First US Court Appearance After Extradition
Do Kwon, the co-founder of Terraform Labs, appeared before a US magistrate on January 2, 2025, and pleaded not guilty to multiple charges related to the collapse of the Terra…
CNBC Launches CNBC+ Streaming Service with Tiered Pricing and Global Reach
CNBC has unveiled CNBC+, a new subscription-based streaming service offering business news and financial content tailored to its core audience. Priced at $14.99 per month or $99.99 annually, the service…
Trump and Republicans Incorrectly Attribute New Orleans Incident to Immigration Issues
President-elect Donald Trump and certain Congressional Republicans have incorrectly linked President Joe Biden’s immigration policies to a recent tragic attack in New Orleans, despite the perpetrator being a U.S. citizen.…
US Soldier Arrested for Allegedly Selling Stolen Phone Records in Hacking Case
Federal authorities have charged Cameron John Wagenius, a U.S. Army soldier, with selling stolen confidential phone records, linking him to a broader hacking operation that involved high-profile breaches. Arrested on…
US Sanctions Iran and Russia for Election Interference with AI Disinformation
The United States has sanctioned Iranian and Russian groups for attempting to interfere in the 2024 elections using disinformation campaigns powered by artificial intelligence. Announced Tuesday by the Treasury and…
Nvidia Adds $2 Trillion in Market Value in 2024
Nvidia surged to the forefront of market capitalization gains in 2024, with its value climbing over $2 trillion, driven by unprecedented demand for its AI-focused chips. The company’s market value…
ByteDance Reportedly Finding Loopholes to Acquire Nvidia Chips Despite U.S. Restrictions
ByteDance, the parent company of TikTok, reportedly plans to spend $7 billion on Nvidia AI chips in 2025. According to The Information, the move could position ByteDance as one of…
IRS Temporarily Suspends Automatic FIFO Rule for Crypto Transactions
The U.S. Internal Revenue Service (IRS) has provided temporary relief from a rule that would have automatically assigned a potentially disadvantageous accounting method for cryptocurrency holders on centralized exchanges. Previously,…
Hive Digital to Relocate Headquarters to Texas Amid Favorable Crypto Climate
Hive Digital Technologies, a prominent Bitcoin mining firm, announced on December 31 its plans to relocate its headquarters from Vancouver, Canada, to Texas, motivated by the incoming Trump administration’s supportive…
Las Vegas Explosion Near Trump Hotel Linked to Fireworks in Cybertruck, Leaves One Dead and Seven Injured
A Tesla Cybertruck explosion outside the Trump International Hotel in Las Vegas early New Year’s Day left one person dead and seven others injured, Las Vegas Metropolitan Police Department (LVMPD)…
Potential Conflicts Abound as Billionaires Populate Trump’s Administration
President-elect Donald Trump is assembling an administration filled with billionaires and industry magnates, a move that brings considerable business acumen but also a host of potential conflicts of interest. This…
Apple TV+ Offers Free Streaming This Weekend
Apple TV+ will be free to stream worldwide from January 3 to January 5, giving viewers a chance to explore its catalog of original series and films without a subscription.…
Meta Offers Free Replacements After Software Update Bricks Quest Headsets
Meta is addressing a widespread issue caused by a buggy software update that rendered some Quest 2, Quest 3, and Quest 3S virtual reality headsets unusable. Initially, the company faced…
Nvidia Finalizes $700 Million Acquisition of AI Startup Run:ai
Nvidia has officially completed its $700 million acquisition of Israeli startup Run:ai, a company that helps developers optimize AI hardware infrastructure. The deal faced months of regulatory scrutiny, including a…
Marvel Rivals Becomes a Holiday Hit on PC and Consoles
Marvel Rivals, the free-to-play superhero shooter developed by NetEase Inc. and Walt Disney Co., is making waves this holiday season. Released on December 5, the game has climbed to the…
Volkswagen Data Leak Exposed Location Data for 800,000 Electric Cars
For several months, the personal data and precise locations of 800,000 electric vehicles (EVs) from Volkswagen and its associated brands were publicly accessible online due to a significant data leak.…
US Treasury Says China-Linked Hackers Breached Systems in Cyberattack
Hackers linked to the Chinese government breached the US Treasury Department using vulnerabilities in third-party remote management software, marking a significant security incident. As reported by The New York Times,…