US President Donald Trump has called for the end of a bipartisan $52 billion semiconductor subsidy program, which he claims is “horrible” and unfair. The program, known as the Chips Act, was enacted by his predecessor Joe Biden’s administration and has already spurred over $400 billion in investments from major companies such as Taiwan Semiconductor … Read more
US President Donald Trump’s announcement of a “Crypto Strategic Reserve” has sparked concerns among experts over the potential misuse of taxpayer funds. The proposal involves buying billions of dollars’ worth of cryptocurrency assets, including bitcoin and ether, to fill the reserve. Critics argue that there is no strategic reason for the government to own crypto … Read more
Emilia Pérez led the nominations into the 97th Academy Awards with her musical crime drama, but left the ceremony without many wins. Pérez won only two Oscars, a Best Supporting Actress Oscar for Zoe Saldaña and an Oscar for Best Original Song for “El Mal”. The awards came despite a major backlash against Gascón’s offensive … Read more
Samsung has confirmed plans to launch its extended reality headset, dubbed Project Moohan, this year. The device is a response to Apple’s $3,500 Vision Pro and aims to merge the digital and physical worlds. Key features include four cameras for gesture control and touch controls on the side. The operating system, Android XR platform, will … Read more
US stocks plummeted on Wednesday, erasing gains made since the presidential election, as tariffs imposed by the Trump administration on Canadian and Mexican goods took effect. The move, which was announced in September, marks a significant escalation of trade tensions between the US and its two largest trading partners. The tariffs, worth around $12 billion, … Read more
The stock market has taken a significant hit since Donald Trump’s presidential win, with record highs evaporating in the face of escalating tariffs and fears of slow economic growth. The S&P 500 index is now down around 2% for the year, while the Nasdaq Composite is off over 5%. Traders are spooked by the potential … Read more
President Donald Trump’s pick to lead policy for the Pentagon, Elbridge Colby, refused to acknowledge that Russia invaded Ukraine during a confirmation hearing, making him the second top Defense Department nominee in a week to equivocate on the question. Colby, a former Pentagon official nominated to be the undersecretary of defense for policy, said he … Read more
252 million years ago, ancient frogs outsmarted Earth’s deadliest extinction event, the end-Permian mass extinction. This event was even more devastating than the widely known dinosaur extinction and wiped out 90% of life on the planet. Ancient frog relatives, temnospondyls, were among the few species that survived and thrived in a world of extreme heat … Read more