The US government has launched a national security investigation into TP-Link, a China-founded router maker that has become the dominant player in the American home router market. The probe follows repeated cyber attacks targeting TP-Link devices, which have also been used by China to exploit other companies’ equipment. This new investigation is part of the … Read more
Savita Subramanian, head of US equity strategy at Bank of America Securities, shares her insights on the market’s misconceptions about President-elect Donald Trump’s second term trade strategy. According to Subramanian, the market’s expectation that Trump’s second term will focus solely on mergers and acquisitions (M&A) is incorrect. She believes that while M&A will be a … Read more
Electronic Arts’ college football game has taken the top spot as the best-selling sports video game in the US, surpassing previous records. The latest November report from Circana shows that EA Sports College Football 25 is among the top 50 best-selling games of all time by revenue and is the biggest selling game of the … Read more
A new HIV prevention drug could be made available in poorest countries by 2025, according to a health official. This development is seen as a significant step forward in combating the spread of the disease in low-income regions. The news comes after years of efforts by pharmaceutical companies and global health organizations to improve access … Read more
Intel’s discrete graphics card initiative has finally hit paydirt with its Arc B580 “Battlemage” GPU, which has garnered near-universal praise and sold out most retailers. The $250 card is now in short supply, but Intel assures that new units will be shipped weekly. In a rare instance of a manufacturer delivering on their promises, the … Read more
Telecom giant AT&T is requiring its staff to work in the office five days a week, following Amazon CEO Andy Jassy’s similar move. The company previously allowed employees to be in the office three days a week but brought back 18,000 management staff to “core” office hubs as part of its push for collaboration and … Read more
US Senator Elizabeth Warren has written a letter to President-elect Donald Trump requesting clear conflict-of-interest rules to regulate Elon Musk, the world’s richest man, as a top adviser to the new administration. The request aims to ensure transparency and prevent potential conflicts of interest during his role in advising the president. Source: https://www.washingtonpost.com/politics/2024/12/17/elizabeth-warren-trump-elon-musk-conflicts-interest
Salesforce and Google recently unveiled their new AI-powered tools, Agentforce 2.0 and Gemini 2.0 respectively. This move highlights the growing competition among tech giants to develop artificial intelligence (AI) solutions. Experts say that AI can contribute to revenue growth for software giants, but the expected impact is a relatively small percentage – around 1%. KeyBanc … Read more
Police can seize more than £2m from Andrew Tate and his brother Tristan due to tax evasion allegations. The brothers failed to pay taxes on £21m earned from their online businesses, including OnlyFans and the War Room. Devon and Cornwall Police had sought to freeze £7 million in bank accounts held by the brothers and … Read more
Japan’s space startup, Space One, has faced its second rocket failure in nine months. The company’s latest attempt to launch a rocket carrying satellites into orbit was aborted just minutes after liftoff on Wednesday due to a self-destruct mechanism activating to prevent further damage. Space One aims to become Japan’s first private company to successfully … Read more