Technology

Eurosystem Charts Future of Finance with Appia Roadmap for Tokenised Markets

The Eurosystem has launched the Appia roadmap, outlining its strategy for developing a tokenised wholesale financial ecosystem in Europe, ensuring central bank money remains central.

China Urges Dialogue: Beijing Calls for Iran-US Talks Amid Escalating Middle East Tensions

Amidst escalating tensions in the Middle East, China's top diplomat, Foreign Minister Wang Yi,...

Xi Jinping Pushes Xiong’an as China’s Next Innovation Powerhouse

President Xi Jinping’s renewed push for Xiong’an New Area highlights ambitious plans for the city as a new technology and policy innovation hub, despite ongoing challenges in attracting businesses and residents.

Thermo Fisher Scientific Seals $8.875 Billion Deal for Clario Holdings, Bolstering Clinical Trial Data Capabilities

Thermo Fisher Scientific completes $8.875 billion acquisition of Clario Holdings, enhancing its clinical trial data solutions and biopharma services.

China’s Central Bank Boosts Liquidity with Fresh MLF and Reverse Repo Actions

China’s central bank injected additional liquidity into the banking system via a net MLF injection and reverse repo operations, marking ongoing policy support for stable market conditions.

Elon Musk’s Boring Company Faces Scrutiny Over Nashville Tunnel Project

Elon Musk’s tunneling company, The Boring Company, recently announced plans to build a 10-mile underground transit loop in Nashville, Tennessee, with strong backing from...

Nvidia Faces Heightened Scrutiny from China Amid H20 AI Chip Export Resumption

Nvidia has received approval from Washington to resume exports of its H20 AI processing units to China, yet the chips may encounter increased scrutiny...

AI-Generated ASMR Videos Offer Stress Relief and Sensory Escape

Yin Chenxi, a second-year postgraduate student, was working on her thesis when a video on the Chinese platform RedNote caught her attention. Tagged with...

India Becomes Top U.S. Smartphone Exporter, Surpassing China

India has officially surpassed China as the largest exporter of smartphones to the United States, marking a pivotal shift in the global electronics supply...

Europe Invests Billions in AI Gigafactories to Regain Global Competitiveness

Europe is moving forward with ambitious plans to establish AI gigafactories as part of its strategy to revitalize its artificial intelligence sector and secure...

Google Agrees to EU AI Guidelines Amid Innovation Concerns

Google has announced its decision to sign the European Union’s voluntary code of practice for general-purpose AI models, a move intended to support broader...

AI Chip Startup Rebellions Secures Samsung Investment, Eyes $200M Funding Round

South Korean AI chip startup Rebellions has secured fresh investment from tech giant Samsung and is currently in the midst of raising up to...

PayPal Beats Q2 Estimates but Faces Profitability Concerns

PayPal posted stronger-than-expected results for the second quarter but saw its shares drop more than 8% as concerns over profitability metrics emerged. While the...

Spotify Shares Tumble on Weak Earnings and Guidance

Spotify shares fell more than 11% Tuesday, marking their worst single-day performance since July 2023. The sharp decline followed disappointing second-quarter results and weaker-than-expected...

Rare Earth Elements: A Strategic Battleground in the U.S.-China Trade War

Rare earth elements consist of 17 elements on the periodic table with unique atomic structures that grant them special magnetic properties. These materials are...

Meta Overhauls AI Strategy After Setbacks with Llama 4, Invests Billions in Talent and Tech

Meta’s attempt to compete with OpenAI by emulating innovations from a Chinese AI startup backfired, prompting a major overhaul of its artificial intelligence strategy....

Apple Launches Manufacturing Academy in Detroit to Boost U.S. Manufacturing Skills

Apple is responding to growing pressure to increase U.S.-based manufacturing by launching the Apple Manufacturing Academy in downtown Detroit. Scheduled to open in August,...

Cash App Launches Pools to Expand Peer-to-Peer Payments Beyond Its Network

Cash App, owned by Block, is taking a bold step to enhance its peer-to-peer payment services with the launch of Pools, a new feature...

Palo Alto Networks Explores $20 Billion Acquisition of CyberArk Amid Cybersecurity Boom

Shares of CyberArk surged 13% after reports emerged that Palo Alto Networks, a major player in cybersecurity, is considering a purchase of the identity...

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