MicroStrategy, a business intelligence software company, has lost money in each of its last four quarters but its value has never been higher. Despite recording a record net loss of $2 billion in 2023, the company’s market capitalization has surged to over $7 billion due to its massive Bitcoin holdings. The company’s CEO, Michael Saylor, … Read more
Nokia Oyj has announced the appointment of Justin Hotard, Intel Corp.’s newly appointed head of artificial intelligence, as its new CEO. Pekka Lundmark, who has been leading the company for over four years, will step down on March 31 and continue as an adviser to Hotard until the end of the year. Hotard’s appointment comes … Read more
The US government has halted funding for a national electric vehicle (EV) charging network, as part of efforts to reverse policies encouraging the adoption of EVs introduced by the Biden administration. This move is seen as an attempt to roll back Biden-era initiatives that supported the transition to cleaner transportation options. Source: https://www.autonews.com/technology/mobility/an-trump-dot-regulations-rollback
Researchers have discovered evidence of cannibalism among ancient European groups 18,000 years ago. A study published Thursday found that human remains from a cave in Poland showed cut marks and fractures consistent with the removal of brains and other body parts. The bones dated to the Magdalenian period were analyzed using advanced 3D microscopy techniques, … Read more
President Donald Trump’s promise to lower energy prices through increased oil drilling is overblown and would mainly benefit corporate polluters. The administration’s “drill baby drill” approach aims to remove protections from public lands and waters, increasing the amount of leased land for oil and gas development. However, there are several reasons why this approach won’t … Read more
Goldman Sachs has observed a trend that hasn’t been seen in two years: tech companies are making earnings surprises happen again. This marks the first quarter where many of these firms haven’t disappointed investors with their quarterly results. The market, led by tech stocks, is starting off on a positive note, with investors feeling more … Read more
A new trend has emerged among Apple Watch users, who are wearing the device on their ankles to improve heart rate monitoring. Fitness enthusiasts and individuals with smaller wrists have adopted this practice, citing benefits such as improved accuracy and convenience. However, the trend has led to misunderstandings, including a recent incident at the gym … Read more
China’s consumer inflation has accelerated for the first time since last August, driven by increased household spending during the Lunar New Year holiday. The National Bureau of Statistics reported a 0.5% year-over-year increase in the consumer price index (CPI) in January, surpassing the median forecast of economists who predicted a 0.4% gain. This surge is … Read more
President Donald Trump’s second term has brought significant attention to Washington’s cryptocurrency agenda. The Republican-controlled Congress is expected to prioritize stablecoin regulation and other crypto-related bills in its first 100 days. This policy blitz aims to establish the US as a leading hub for digital assets, but concerns over illicit activity, market volatility, and regulatory … Read more
President Donald Trump’s Super Bowl day was marked by controversy and a game-changing trade move. In an exclusive interview, Trump discussed his administration’s trade policies, which put American workers first. However, the President also faced criticism for his comments about the Kansas City Chiefs and Taylor Swift. Trump’s team announced a new trade deal that … Read more