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Category: Economy

China’s DeepSeek AI dethrones ChatGPT on App Store: Here’s what you should know
Economy

China’s DeepSeek AI dethrones ChatGPT on App Store: Here’s what you should know

January 27, 2025

The buzz around Chinese AI startup DeepSeek began picking up steam earlier this month, when the startup released R1, its…

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…

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Crypto World

1
Cryptocurrency

Solana network and DeFi activity suggest SOL price rally will continue

May 13, 2025

Key takeaways:Solana's $10.9 billion TVL surpassed the entire Ethereum layer-2 ecosystem.Solana’s 30-day fee revenue ($43.4 million) rose 109% compared to the previous month.SOL’s 8% funding rate shows healthy leverage demand from bulls.Solana’s native token SOL…

2
Cryptocurrency

Coinbase invests in Canadian stablecoin issuer

May 13, 2025

Coinbase has partnered with Canadian stablecoin issuer Stablecorp in a bid to expand access to tokenized Canadian dollars, a company executive told Cointelegraph during the Blockchain Futurist Conference in Toronto.According to Coinbase Canada's CEO, Lucas…

3
Cryptocurrency

CoinShares Q1 net profit falls to $24M

May 13, 2025

CoinShares, a digital asset investment firm with offices in the United States and Europe, said its net profit fell to $24 million in the first quarter of 2025, a 42.2% decrease from the same period…

4
Cryptocurrency

US lawmakers call for change in corporate digital asset taxes

May 13, 2025

Two US senators are calling on Treasury Secretary Scott Bessent to “exercise [the department’s] authority” and change a provision affecting taxes on corporate holdings of digital assets.In a May 12 letter, Senators Cynthia Lummis and…

Economy

Economy

He lives in Thailand but ‘supercommutes’ to Singapore—living off what he makes from 3 hours a week

May 15, 2025
Economy

Amazon lays off about 100 employees in devices and services unit

May 15, 2025
Economy

The world’s best airport is building a mega terminal to ride the travel boom in Asia

May 15, 2025
Economy

CoreWeave beats on revenue, reports more than 400% growth in first earnings after IPO

May 15, 2025
Economy

Boeing inks record-breaking deal for Qatar Airways to buy up to 210 planes

May 15, 2025
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