Former US Treasury Secretary Lawrence Summers has dismissed President-elect Donald Trump’s plan to create a national Bitcoin reserve as “crazy” and motivated by special interest donors. The proposal, which aims to hold onto approximately 1 million Bitcoins worth $19 billion, was floated during the campaign and backed by some Republicans, including Wyoming Senator Cynthia Lummis. … Read more
Anker is recalling nearly 80,000 Soundcore and PowerConf Bluetooth speakers in the US and Canada due to overheating lithium battery issues. The affected speakers were sold from March to October 2023 on Amazon at prices as low as $28. The Consumer Product Safety Commission has received 33 reports of incidents involving the lithium-ion batteries overheating, … Read more
Tulsi Gabbard, President-elect Trump’s pick to head the nation’s intelligence apparatus, faces a tough confirmation path due to concerns about her foreign policy dealings and trustworthiness. A number of senators view her as the most difficult to confirm among Trump’s nominees. GOP senators are skeptical about Gabbard’s views on Ukraine, echoing Russian state media praise … Read more
Super Micro Computer Inc.’s stock price rose nearly 9% in after-market hours trading following the company’s extension from Nasdaq to file its overdue annual and quarterly reports by February 25. The AI server manufacturer has been under scrutiny since August when it delayed its annual report filing, citing internal control issues. The delay came after … Read more
Apple plans to integrate custom modems into various devices, starting with iPhones and iPads, while also incorporating them into Macs and future versions of the Vision Pro, according to a report from Bloomberg. The company expects to launch its second-generation modem in 2026. Macs with cellular connectivity are expected to arrive after 2026, as Apple … Read more
Rising sea levels, melting glaciers, and ocean heatwaves dominated 2023’s climate news, with global temperatures soaring to almost 1.5 degrees Celsius above pre-industrial levels. Scientists are trying to determine the cause of this sudden surge in warming. They considered factors like greenhouse gases, volcanic eruptions, and El Niño events, but found an unexplained gap of … Read more
The United States is standing with the Romanian people as they face significant challenges regarding the integrity of their elections. The country’s democratic will should be reflected in its electoral processes, free from foreign interference. Romania’s hard-earned democracy relies on the free and fair election of its leaders. In response to today’s decision by the … Read more
UnitedHealth Group’s parent company led the broader decline in health insurance stocks, with losses attributed to industry-wide focus and backlash over claims processing. Shares of UnitedHealth fell 5% on Friday, extending its weekly loss to 10%. This is the company’s worst week since March 2020 and fifth-steepest weekly loss this decade. The US’ most valuable … Read more
Aries individuals can expect a day filled with prosperity and positive health according to the daily horoscope prediction on December 7, 2024. The forecast says you’ll never compromise on your ideals, handling troubles in the love life with ease and confidence. In terms of love life, focus on keeping your partner happy, as strong and … Read more
Opposition forces have taken control of Syria’s Daraa and Sweida cities, marking the fourth strategic loss for President Bashar al-Assad’s forces in a week. The Syrian army has withdrawn from much of the southern region as opposition fighters continue their lightning offensive. Daraa, known as “the cradle of the revolution,” was a key battleground early … Read more