BlackRock CEO Larry Fink has raised concerns about the U.S. dollar's continued status as the world's reserve currency. He cautioned that if the U.S. fails to address its mounting debt crisis, digital assets like Bitcoin could eventually replace the dollar’s dominance. A Debt Crisis Threatening Global Dominance In his annual letter to investors, Fink pointed out that the U.S. has…

Tesla showrooms, dealerships, and charging stations worldwide have become the focal points of a major protest today, as the 'Tesla Takedown' movement calls for economic resistance against Elon Musk's influence on government policies. Organizers have urged Tesla owners to sell their vehicles and stocks, hoping to impact Musk’s financial power and his role in reducing public funding for social programs.…

Utah has enacted a new law that makes app stores—not individual apps—responsible for verifying users’ ages and obtaining parental consent for minors. The App Store Accountability Act, recently signed by Governor Spencer Cox, is the first of its kind in the United States and has received widespread support from social media giants Meta, X (formerly Twitter), and Snap. The Battle…

BYD Co. has officially surpassed Tesla Inc. in revenue, marking a significant milestone in the rapidly evolving electric vehicle (EV) industry. The Chinese automaker reported an impressive 777 billion yuan ($107 billion) in revenue for 2024, a 29% increase from the previous year, exceeding analysts' expectations. In comparison, Tesla's revenue for the same period was $97.7 billion. This is the…

Jack Ma-backed Ant Group has made a significant breakthrough in artificial intelligence by successfully training large language models (LLMs) using domestically produced Chinese semiconductors. This innovation has reportedly reduced AI training costs by 20%, marking a crucial step in China’s quest for self-sufficiency in AI technology. Ant Group Develops AI Models Without Premium GPUs According to sources familiar with the…

Puma has launched its most extensive global campaign to date, titled "Go Wild", marking a significant shift in its branding strategy. The campaign, which debuted on March 20, focuses on self-expression, enjoyment, and social connection rather than the traditional emphasis on extreme performance. A New Perspective on Sports Unlike the industry’s long-standing "performance at any cost" approach, Puma’s "Go Wild"…

SoftBank is making a major move in the AI chip industry with its latest acquisition. The Japanese conglomerate has announced that it is purchasing Ampere Computing, the chip design company founded by former Intel president Renee James, for a staggering $6.5 billion in cash. Ampere, established in 2018, originally focused on cloud-native computing solutions but has since pivoted toward AI-driven…

In a surprising contrast to Tesla’s recent warning about increased manufacturing costs due to tariffs, SpaceX has taken a different stance in its letter to the Trump administration. While Tesla expressed concerns over the impact of tariffs on its vehicle components, SpaceX has highlighted the global regulatory obstacles hindering its Starlink satellite service. Regulatory Barriers & Trade Tariffs Challenge Starlink…

The Hangzhou-based company claims that, under optimal conditions, the daily revenue generated by these models could significantly outweigh their operational costs. However, the firm was quick to caution that actual profits would be far less, given the complexities of real-world usage and the fact that only a portion of services are monetized. This announcement marks the first time DeepSeek has…

Market Turmoil Deepens Amidst Executive Order The cryptocurrency market faced unexpected turbulence this week as President Donald Trump’s executive order to establish a federal Bitcoin reserve backfired spectacularly. Instead of bolstering investor confidence, the announcement sent Bitcoin’s value tumbling, fueling broader concerns about the administration’s economic strategy. The move, which was intended to solidify the U.S. government's position in the…

Late last year, Australia made global headlines by passing a groundbreaking law banning social media access for individuals under the age of 16. However, recent developments have sparked controversy among major tech giants as the government has granted an exception to YouTube, citing its role as a critical educational tool. This decision has prompted backlash from companies such as Meta,…

Amazon is set to roll out its much-anticipated Alexa+, a cutting-edge update to its iconic voice assistant, blending generative AI with powerful integrations that could change the way users interact with technology. After 18 months of anticipation, the updated version of Alexa will begin offering early access in March, and it comes with a range of modern features designed to…