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Category: Economy

Economy

How the buzz around Chinese AI model DeepSeek sparked a massive Nasdaq sell-off

January 27, 2025

DeepSeek's emergence is shaking up investor confidence of the AI story that has been lifting the U.S. bull market in…

DeepSeek hit with large-scale cyberattack, says it’s limiting registrations
Economy

DeepSeek hit with large-scale cyberattack, says it’s limiting registrations

January 27, 2025

DeepSeek on Monday said it would temporarily limit user registrations "due to large-scale malicious attacks" on its services. ...

Economy

Nvidia drops 16% as China’s DeepSeek AI model sparks global tech sell-off

January 27, 2025

DeepSeek launched a free, open-source large language model in late December, claiming it was developed in just two months at a cost…

Economy

Here’s what CEOs are saying about DEI at Davos

January 26, 2025

On the ground in Davos, DEI has been the subject of conversation both on the record and behind closed doors.…

How China’s new AI model DeepSeek is threatening U.S. dominance
Economy

How China’s new AI model DeepSeek is threatening U.S. dominance

January 26, 2025

An AI lab out of China has ignited panic in Silicon Valley after releasing impressive AI models more cheaply and…

CIA believes Covid-19 likely caused by lab leak, NBC News reports
Economy

CIA believes Covid-19 likely caused by lab leak, NBC News reports

January 26, 2025

"CIA continues to assess that both research-related and natural origin scenarios of the COVID-19 pandemic remain plausible." ...

Aerial firefighting companies’ new challenge: Keeping up with demand
Economy

Aerial firefighting companies’ new challenge: Keeping up with demand

January 26, 2025

Aerial firefighting companies supplement federal and state firefighting fleets, and their services are in high demand. ...

Venture Global closes below IPO price in disappointing debut despite Trump’s support of LNG industry
Economy

Venture Global closes below IPO price in disappointing debut despite Trump’s support of LNG industry

January 24, 2025

"The Trump administration has made very clear they support growing LNG exports," Venture CEO Mike Sabel told CNBC in an…

Zuckerberg sets Meta’s AI targets for the year, expects to spend $60 billion on growth
Economy

Zuckerberg sets Meta’s AI targets for the year, expects to spend $60 billion on growth

January 24, 2025

Meta CEO Mark Zuckerberg announced the company plans to invest around $60 billion to $65 billion in capital expenditures this year…

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Crypto World

1
Cryptocurrency

CZ pardon was considered with ‘utmost seriousness,’ White House says

November 5, 2025

The White House carefully considered Binance founder Changpeng Zhao’s pardon and went through the standard processes before sending it to President Donald Trump for his approval, says White House press secretary Karoline Leavitt.Trump defended the…

2
Cryptocurrency

ZKsync creator floats governance token revamp to add ‘economic utility’

November 5, 2025

The co-creator of the Ethereum-scaling solution ZKsync has proposed a major overhaul of its governance token, arguing it should prioritize “economic utility.”In a post on Tuesday to the ZKsync forum, Alex Gluchowski argued that while…

3
Cryptocurrency

Strategy won’t face Bitcoin liquidation in the next bear market: Willy Woo

November 5, 2025

Michael Saylor’s Strategy (MSTR) won’t have to sell off part of its Bitcoin stash to cover its debt in the next significant crypto market downturn, according to Bitcoin analyst Willy Woo.“MSTR liquidation in the next…

4
Cryptocurrency

Crypto exchange Gemini eyes integrating prediction markets: Report

November 5, 2025

Crypto exchange Gemini Space Station Inc. is reportedly preparing to enter the prediction markets arena, following similar moves by the likes of Coinbase and MetaMask in recent months.Gemini is looking to enter the prediction markets…

Economy

Economy

Nvidia deepens India footprint with $2 billion deep tech alliance to mentor AI startups

November 5, 2025
Economy

Democratic candidate Mikie Sherrill wins New Jersey governor’s race, NBC News projects

November 5, 2025
Economy

SoftBank market cap drops by about $32 billion as Asian AI stocks slide on valuation jitters

November 5, 2025
Economy

Ozempic maker Novo Nordisk lowers growth outlook for its weight loss drugs as pricing pressures mount

November 5, 2025
Economy

Democrats win big on Election Night in key races

November 5, 2025
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