The U.S. government has officially imposed tariffs as high as 3.521% on solar equipment imported from Cambodia, Vietnam, Malaysia, and Thailand, marking a major escalation in its ongoing effort to bolster domestic manufacturing. This decision stems from a year-long investigation that concluded solar manufacturers in the four Southeast Asian countries were benefiting from unfair subsidies and dumping products into the…
NVIDIA’s Jensen Huang has been named the smartest CEO in the U.S. following an extensive linguistic analysis that ranked business leaders on how intelligently they express complex ideas. The study, conducted by Preply and featured by Visual Capitalist, analyzed the speech patterns of 126 prominent CEOs, evaluating their verbal ability, logical reasoning, memory, and abstract thinking. Huang earned the top…
Mark Zuckerberg once proposed a drastic strategy to revive Facebook’s waning popularity — completely wiping users' friend lists annually. This bold idea surfaced during an internal conversation in 2022 and has now come to light during the ongoing Meta antitrust trial, according to internal emails presented by the FTC. Zuckerberg expressed concern that Facebook’s "cultural relevance is decreasing quickly," prompting…
Taiwan Semiconductor Manufacturing Company (TSMC), the world’s largest chip maker, could be required to pay a hefty fine exceeding $1 billion following an investigation into potential violations of U.S. export regulations. TSMC, renowned for its cutting-edge semiconductor production, reportedly faces scrutiny from the U.S. Department of Commerce due to its alleged involvement in providing chips that ended up in products…
A new privacy storm is brewing over TikTok, with European regulators reportedly preparing a massive €500 million ($553 million) fine for illegally sending user data to China. The Irish Data Protection Commission (DPC), which oversees TikTok's EU operations due to its headquarters in Dublin, is expected to issue the penalty before the end of April, according to Bloomberg. The fine…
In a dramatic Rose Garden ceremony on April 2, former President Donald Trump announced a new wave of tariffs on U.S. imports, calling it a “historic correction” to decades of what he described as economic exploitation by foreign nations. The initiative, dubbed “Liberation Day” by the Trump team, sets a blanket 10% duty on all imported goods and additional custom…
Apple has officially rolled out iOS 18.4, the fourth major update to its operating system since the release of iOS 18 last September. The new update brings a mix of cutting-edge features and enhancements, with something for both old and new iPhone models. Here's a detailed look at the latest additions that are shaping the iPhone experience. Priority Notifications: Apple…
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…
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