The Dutch government is reportedly set to comply with the US demand to tighten restrictions on semiconductor-related exports to China.
Industry
Gold Rush at Costco: Wells Fargo Estimates Gold Bars Revenue as Much as $200 Million Monthly
Costco has found a lucrative venture in selling gold. Analysts at Wells Fargo estimated monthly sales to reach as much as $200 million.
AI Transparency Bill: Artificial Intelligence Companies Urged to Reveal Use of Copyrighted Material for Generative Tools
With the increasing integration of generative artificial intelligence tools into the entertainment sector, a bill was endorsed to mandate AI companies to be more transparent.
South Korea to Invest Nearly $7 Billion in AI to Maintain Semiconductor Chips Dominance
South Korea's President Yoon Suk Yeol said the government will invest 9.4 trillion won ($6.94 billion) in artificial intelligence (AI) by 2027 in a bid to maintain its global dominance in semiconductor chips.
US Treasury Warns Against Growing Use of Virtual Currencies by Terrorist Groups
The US Treasury Department has expressed concerns about the growing use of virtual currencies and other digital assets by terrorist groups unless Congress enacts new regulatory measures.
Latest News
Labor unions and employers in Norway have successfully negotiated a 5.2% wage increase. Labor unions and employers in Norway have successfully negotiated a 5.
Russian nuclear power corporation Rosatom accused Ukraine of attacking the Zaporizhzhia plant. Russian nuclear power corporation Rosatom has pointed fingers at Ukraine's military, alleging a series of assaults on the Zaporizhzhia nuclear power station under Russian control, according to a report by Reuters.
Much of the investment is directed towards improving Canada's computing and technology infrastructure, which will benefit AI researchers and startups.
Tesla CEO Elon Musk has announced that the company will unveil its highly anticipated robotaxi product in August.
Tesla has reportedly ended its plans for a low-cost vehicle, a move attributed to the formidable competition posed by Chinese EV manufacturers.
Johnson & Johnson has made a significant acquisition, purchasing medical device maker Shockwave Medical for approximately $13.1 billion to strengthen the company's efforts in fighting heart disease.
A new survey revealed that 8 out of 10 employees want employers to shoulder their commuting expenses.
Apple's home devices group is reportedly developing a mobile robot and an advanced tabletop device with a moving display, both powered by robotics.
Gold surged above $2,300 an ounce for the first time Thursday. Gold surged above $2,300 an ounce for the first time Thursday amid mounting concerns over inflation and economic instability.
