Bitcoin’s price could see significant volatility later today as the US releases its inflation data, which is expected to show a year-over-year increase of 2.6% for headline inflation, marking the first such rise since March 2024. The US Consumer Price Index (CPI) due at 8:30 ET is expected to reveal that the cost of living … Read more
Wall Street experienced a modest recovery on Wednesday, driven by an in-line inflation report that reinforced expectations for a December interest rate cut. The US dollar strengthened due to potential tariff tailwinds under the new administration. Bitcoin surged past $93,000, boosting its market capitalization to $1.8 trillion and fueling enthusiasm across crypto markets. The Consumer … Read more
A recent discovery by Infoblox reveals that nearly 800,000 vulnerable registered domains have been targeted by cybercriminals using the “Sitting Ducks” attack technique. This method allows attackers to hijack legitimate domains for phishing attacks and investment fraud schemes. Since 2018, cybersecurity researchers have documented this vector, but it gained significant attention only recently after the … Read more
TSMC’s new advanced fab site in Arizona, US, faces uncertainty as its inauguration ceremony has been put on hold. The Taiwanese semiconductor manufacturer notified invited guests that the opening ceremony will be rescheduled. The delay is reportedly due to unspecified reasons and may cause a disruption to TSMC’s expansion plans in the region. Industry sources … Read more
Tesla CEO Elon Musk’s ambitious plan for its cylindrical 4680 battery has faced criticism from Contemporary Amperex Technology Limited (CATL), a leading Chinese battery manufacturer. CATL’s founder and chairman, Robin Zeng, dismissed Tesla’s approach as “misguided” and claimed that Musk doesn’t understand how to make batteries. The debate centers on the benefits of different battery … Read more
CATL, the Chinese electric vehicle manufacturer, has been making waves in the industry with its latest move into producing EV platforms and solid-state batteries. In an interview, CATL founder Robin Zeng made some bold comments about his dealings with Tesla CEO Elon Musk. According to Zeng, he had a heated debate with Musk over the … Read more
Russia is experiencing a surge in food prices, with staples like potatoes and butter seeing significant increases. According to the Federal Statistics Service, the price of potatoes has skyrocketed by at least 73% compared to the start of the year, while butter costs have risen by over 30%. These rises top the list of essential … Read more
A growing number of open-source developers are speaking out about their struggles to make ends meet while contributing to popular projects like WordPress and Drupal. The issue has sparked a heated debate over fairness, funding, and the role of commercial entities in supporting these ecosystems. Matt Mullenweg, founder of WordPress, recently accused WP Engine, a … Read more
President-elect Donald Trump has ruled out appointing JPMorgan Chase & Co.’s Jamie Dimon to any position in his administration, despite expressing respect for the banking executive. Trump selected former congressman Denis Kennedy instead for a role at the Department of Veterans Affairs. In a post on his Truth Social network, Trump thanked Dimon for his … Read more
President-elect Donald J. Trump has nominated Robert F. Kennedy Jr., a vaccine skeptic, to lead the Department of Health and Human Services. The nomination has sparked controversy due to Mr. Kennedy’s unorthodox views on medicine and his association with anti-vaccination groups. Mr. Trump announced the nomination in a statement, saying he wants to “let [Mr. … Read more