Recently, China conducted war games around Taiwan, which included simulated attacks with bombers and practicing boarding ships. These exercises were seen as a direct challenge by Taiwan, who condemned them as a “blatant provocation.” The surge of Chinese warplanes and warships in the region raised alarms and tensions between the two sides. The “Joint Sword
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X CEO Linda Yaccarino recently spoke out against Australia following a dispute with online safety regulators. She criticized Australia for what she perceived as overreach in their attempt to block videos of a violent incident from being shared on the platform. Yaccarino argued that X was simply trying to protect the access to information for
Nvidia, a renowned chipmaker, experienced a significant milestone as its shares surged past $1,000 for the first time in extended trading following the release of its fiscal first-quarter results. This highlights the increasing investor interest in the company’s performance, particularly in relation to the ongoing AI boom. The company reported earnings that exceeded analyst expectations,
The current situation regarding inflation in the U.S. seems to have left Federal Reserve officials in a state of confusion, as per Julian Howard, the lead investment director of multi-asset solutions at GAM. This uncertainty was highlighted by Howard during an appearance on CNBC’s “Squawk Box Europe,” where he expressed his view that policymakers are
The Asia-Pacific markets experienced a mixed day on Tuesday as tech shares propelled the Nasdaq Composite to reach record highs. Nvidia’s shares saw a more than 2% increase following bullish analyst calls that emphasized the company’s dominant market position. As a result, several Wall Street firms raised their price targets on Nvidia, hinting at a
China recently decided to keep its one- and five-year loan prime rates unchanged, which had a significant impact on the market. The announcement gave a boost to the property market, as the five-year LPR is the reference rate for housing mortgages. This move led to a positive response in Hong Kong’s Hang Seng index, which
A helicopter carrying Iranian President Ebrahim Raisi and other officials suffered a “crash landing” on Sunday, as reported by state media. The exact condition of President Raisi and other passengers was unclear, with rescue efforts hindered by harsh weather conditions, including heavy fog in the area. At least 40 rescue teams, equipped with drones and
Benny Gantz, a centrist member of Israel’s three-member War Cabinet, has recently threatened to resign from the Israeli government if a new plan for the war in Gaza is not adopted within three weeks. Gantz’s ultimatum has put Prime Minister Benjamin Netanyahu in a difficult position, potentially further aligning him with his far-right allies. Gantz
Chet Kapoor, the chairman and CEO of DataStax, had always dreamt of working for tech mogul Steve Jobs. This dream became a reality when Kapoor was hired as an intern at software company NeXT, founded by Jobs. Kapoor spoke about his experience as an intern, mentioning how he worked closely with Jobs, despite initially feeling
The European Commission, the executive body of the European Union, has announced that it is launching a major investigation into Facebook parent company Meta for potential breaches of the bloc’s strict online content law related to child safety risks. The Commission is particularly concerned about the possibility that Meta’s Facebook and Instagram platforms could be
