Israeli opposition leader Benny Gantz has urged Israel to take “courageous actions” in response to US President-elect Donald Trump’s promise to release captive Israelis from Gaza prior to his inauguration. Trump made the statement, saying “there will be hell to pay” if captives held in Gaza are not released. Finance Minister Bezalel Smotrich welcomed the … Read more
The world’s wealthiest real estate buyers have slowed their spending in the third quarter as they wait for greater political certainty. According to a report by Knight Frank, 406 super-prime residential sales worth $7.4 billion were made across 12 major global markets in the three-month period. This represents an 18% decrease in the number of … Read more
The US has launched its third major crackdown on China’s semiconductor industry in three years, affecting 140 companies, including chip equipment maker Naura Technology Group. The restrictions aim to curb exports of advanced chip equipment and software tools, as well as high-bandwidth memory used in AI chips. New controls will be placed on semiconductor manufacturing … Read more
The US has introduced new rules restricting China’s access to vital components used in chips and artificial intelligence (AI). The move is part of a campaign to contain Beijing’s growing technological ambitions, but it falls short of tougher sanctions that were initially proposed. The Department of Commerce has imposed curbs on the sale of high-bandwidth … Read more
The Netherlands-based chip equipment maker ASML has reiterated its financial guidance for 2025, saying it does not expect new US restrictions on semiconductor exports to China to affect its sales. ASML shares rose 0.9% after the company released a statement, citing its “industry-leading” computational lithography software as a significant differentiator in the market. The new … Read more
Ketone bodies are produced by the body during fasting and low glucose availability, serving as an alternative energy source for cells. Recent research by Buck Institute scientists has uncovered a direct molecular mechanism for the regulation of misfolded proteins in the brain, suggesting ketone bodies play a significant role in maintaining brain health. The study … Read more
A fragile ceasefire between Israel and Hezbollah has been put under strain after multiple incidents of violence, with at least 11 people killed and three injured in Israeli strikes on southern Lebanon. The latest exchange of fire occurred when Hezbollah fired rockets on an Israeli military position in the Shebaa Farms area, claiming it was … Read more
French lawmakers have introduced a motion of no confidence against Prime Minister Michel Barnier, setting up a vote that could bring down his government in days. The motion was triggered by Barnier’s attempt to pass part of his 2025 budget, which includes tax hikes and spending cuts aimed at reducing the deficit. The budget is … Read more
Amazon founder Jeff Bezos has invested $700 million in AI chip startup Tenstorrent, valuing the company at $2.6 billion. This move puts Tenstorrent on par with Nvidia Corp., a leader in the AI business. Tenstorrent aims to challenge Nvidia’s dominance by developing its own AI chips. The funding round also saw participation from Samsung and … Read more
Marie Dageville’s sudden billionaire status after her data cloud company Snowflake went public in 2020 prompted her to give away a significant portion of her fortune. Her journey highlights the challenges faced by billionaires in giving more of their wealth. The idea of giving away one’s fortune dates back to Andrew Carnegie’s 1889 essay “The … Read more