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Chinese Hack Expands to More US Telecoms, Report Finds
A recent report from The Wall Street Journal has uncovered a broader scope of Chinese cyberattacks targeting U.S. telecommunications networks than previously disclosed. The breaches, attributed to the Salt Typhoon…
Foxconn Breaks Revenue Records in Fourth Quarter Amid AI Server Boom
Foxconn, the world’s largest contract electronics manufacturer and Apple’s primary iPhone assembler, announced record-breaking revenue for the fourth quarter of 2024, exceeding market expectations. The Taiwan-based company, officially known as…
US Republican Lawmakers Demand Treasury Answers on Chinese Hack of Employee Workstations
Two US Republican lawmakers are urging the Treasury Department to provide answers regarding a Chinese state-sponsored cyberattack that compromised employee workstations. In a Dec. 31, 2024, letter to Treasury Secretary…
Five Hyundai and Kia Electric Vehicles Now Eligible for $7,500 Tax Credit
Hyundai, Kia, and Genesis electric vehicles have qualified for the $7,500 federal EV tax credit, according to Electrek. Five models, including the popular Hyundai Ioniq 5 crossover and Kia EV9…
US Government Strikes Major Nuclear Energy Deal
The US government has signed a massive nuclear energy deal, marking a significant move to secure reliable power for federal agencies while meeting growing electricity demands. The General Services Administration…
California Resident Files Lawsuit Against 3 Asia-Based Banks Over $1M Crypto Scam
A California resident has filed a lawsuit against three Asia-based banks, accusing them of neglecting necessary checks that could have prevented crypto scammers from defrauding him of nearly $1 million.…
Japanese Chipmakers Prepare for a New Era of Semiconductor Production
The Japanese semiconductor industry, once a global leader, is taking decisive steps to regain its competitive edge. Amid the increasing demand for advanced chips fueled by generative artificial intelligence and…
New Code Fuels Rumors X Payments Launch May Be Imminent
A recent leak of the latest software code behind Elon Musk’s X platform has ignited speculation that the highly anticipated payments system, X Money, could be launching soon. The leak…
Tesla’s Annual Deliveries Decline for the First Time
Tesla, the leading name in electric vehicles, has reported its first-ever year-over-year decline in annual deliveries, sparking concerns about the company’s performance in an increasingly competitive market. The automaker delivered…
Telegram Adds Third-Party Verification and Search Filters to Boost Security
Telegram is rolling out a third-party verification system that aims to reduce scams and misinformation across its platform. The update lets verified organizations assign custom icons to accounts and chats,…
USDC Market Cap Jumps 80% from 2023 Lows as Onchain Activity Surges
The circulating supply of Circle’s USD Coin (USDC) has seen a significant surge, rising 80% from its cyclical lows, as onchain activity continues to pick up momentum. According to data…
Morgan Stanley Considers Adding Crypto Trading to E-Trade Platform
Morgan Stanley, one of the largest asset management firms in the world, is reportedly considering adding cryptocurrency trading to its E-Trade online brokerage platform. According to a January 2 report…
China Becomes a Bright Spot for Tesla Amid Global Sales Dip
Tesla reported record-breaking sales in China for 2024, marking an 8.8% increase to over 657,000 vehicles sold in its second-largest market. This performance stands in contrast to the company’s first-ever…
China’s Military States AI Cannot Replace Human Judgment on the Battlefield
China’s military has issued a clear warning against relying solely on artificial intelligence in warfare, emphasizing the irreplaceable role of human decision-making. In an article published in People’s Liberation Army…
KuCoin Launches New Point-of-Sale System to Enable Crypto Payments for Businesses
KuCoin, one of the world’s largest cryptocurrency exchanges, has introduced a new point-of-sale (PoS) system that enables its users to make payments using their exchange balances. This new feature, known…
Apple Settles Siri Privacy Lawsuit for $95 Million
Apple has agreed to pay $95 million to settle a class action lawsuit alleging that its Siri voice assistant inadvertently recorded private conversations. The settlement, which requires approval from US…
Celsius Challenges Court’s Rejection of $444M Claim in FTX Litigation
The defunct cryptocurrency lending platform Celsius has initiated an appeal against a judicial order that rejected its substantial financial claims in its bankruptcy proceedings. This move follows Judge John T.…
China Proposes Export Curbs on Key Battery and Mineral Technologies
China’s Ministry of Commerce has unveiled a proposal to tighten export restrictions on key technologies for processing critical minerals like lithium and gallium, essential in battery production. The announcement, detailed…
Nick Clegg Steps Down from Meta After Seven Years
Nick Clegg, Meta’s president of global affairs and a prominent voice in shaping the company’s policies, has announced his departure after seven years. Clegg shared the news on X and…
Binance Achieves 21st International Crypto License with Brazilian Authorization
Binance, the world’s foremost cryptocurrency exchange, has obtained its 21st international regulatory approval, this time from Banco Central do Brasil (BCB), the central bank of Brazil. This authorization is a…