BlackRock’s Assets Under Management Exceed $10.6 Trillion, Fueled by Surge in ETF Inflows
BlackRock, the world’s largest asset manager, has achieved a new milestone by managing over $10.6 trillion in assets, reflecting a substantial $1.2 trillion growth year-over-year. This significant achievement has been…
ExoAtlet Expands Global Reach with New Strategic Partnerships
In the realm of medical technology, ExoAtlet stands out as a pioneering company dedicated to enhancing the quality of life for individuals with mobility impairments. Specializing in the development of…
China is building two-thirds of the world’s new wind and solar projects.
Almost two-thirds of large wind and solar plants currently under construction worldwide are located in China, according to research released on Thursday. The rapid expansion of renewable energy in China…
China Requests WTO Panel to Address US Electric Vehicle Subsidies Dispute
China has asked the World Trade Organization (WTO) to form an expert panel to help resolve a dispute over electric vehicle (EV) subsidies under the US Inflation Reduction Act (IRA),…
Metaplanet Acquires Additional $1.2 Million in Bitcoin Amid Price Surge Toward $65K
Metaplanet, a Bitcoin-stacking investment firm based in Japan, has strategically expanded its Bitcoin portfolio by purchasing an additional 21.88 Bitcoin, valued at over $1.2 million (200 million Japanese yen). This…
IIFLE Appoints Davis Tan, the Founder of Davis Commodities Limited, as Honorary Advisor
IIFLE (International Institute of Financing & Listing for Entrepreneurs) is pleased to appoint Mr. Davis Tan, the founder and majority shareholder of Davis Commodities (NASDAQ: DTCK), as an honorary advisor.…
Agility Robotics’ Digit Starts First Official Job at Spanx Factory
Agility Robotics’ humanoid robot, Digit, has begun its first official job at a Spanx factory in Connecticut. This deployment follows a multi-year agreement with GXO Logistics Inc., the world’s largest…
New EU AI Regulations Increase Operational Costs for Chinese Tech Companies
The European Union (EU) is set to implement the world’s first comprehensive artificial intelligence (AI) regulations on August 1. These new rules are expected to significantly increase compliance and assessment…
Speculation on Mainland China Reversing Bitcoin Ban Met With Community Skepticism
Recent buzz on social media has reignited discussions about China potentially lifting its longstanding prohibition on Bitcoin. However, the cryptocurrency community remains largely skeptical about such a reversal happening anytime…
Users Can Now Try iOS 18 and More as Apple Releases Public Betas
Apple has launched public betas for iOS 18, macOS Sequoia, iPadOS 18, watchOS 11, and tvOS 18, providing users early access to the upcoming features across its devices. The iOS…
Court Leak Shows Valve’s $400 Million Payout to Small Workforce
Valve’s internal financial and staffing details have emerged from an ongoing court case, revealing that the company has paid over $400 million to fewer than 400 employees. This leak highlights…
Hong Kong Identifies Seven Crypto Exchanges as Unregulated for Non-Compliance
The Securities and Futures Commission of Hong Kong (SFC) has recently intensified its oversight of the cryptocurrency sector, issuing alerts against seven trading platforms accused of operating without necessary licenses.…
Significant Moon Cave Discovery Could Shelter Future Astronauts
Researchers have uncovered a significant underground cave on the moon, accessible from the surface, which may prove pivotal for future lunar explorations and habitation. This discovery, reported in the journal…
Apple’s India Sales Soar 33%, Reaching Record High Amid Shift from China
Apple Inc. has achieved a milestone in India, with its annual sales reaching a record of almost $8 billion. This shows the rapid growth of the Indian market, where the…
Bitcoin Declines 3% Following $5.7 Billion Transfer from Mt. Gox Cold Wallet
On July 16, Bitcoin experienced a notable decline, dropping over 3% as unsettling news resurfaced concerning the defunct exchange Mt. Gox. This downturn occurred shortly after Bitcoin’s price briefly reached…
Unveiling Environmental Impact : The Hidden Water Footprint of AI
Ever wondered about the true environmental impact of AI? The uneven distribution of AI’s environmental effects is a pressing concern that demands our attention. As this technology continues to evolve…
Vectara Secures $25M Funding to Launch Mockingbird LLM for Enterprise RAG Solutions
Vectara, an early pioneer in Retrieval Augmented Generation (RAG) technology, is making headlines today with the announcement of a $25 million Series A funding round. This latest round brings the…
Huawei Invests $1.4 Billion in New Shanghai Center Amid Intensifying Chip War
Huawei Technologies Co is on the brink of finishing the construction of a chip research and development center in Shanghai. This development is poised to bolster China’s technological advancements despite…
India’s Affinity for Cheap Feature Phones Challenges Smartphone Brands
India, the world’s second-largest smartphone market after China with around 750 million users, is experiencing a slowdown in new smartphone sales. Many consumers find it difficult to afford a brand-new…
ASML Anticipates Surge in Orders Due to AI Chip Demand
ASML, the leading equipment supplier to computer chip makers, is set to report a significant increase in new orders when its new CEO delivers the second-quarter results on Wednesday. As…