CoreWeave Adjusts IPO Strategy: Lower Share Price Reflects Market Realities In a surprising turn of events, CoreWeave, despite having the support of tech giant Nvidia, has decided to scale back its initial public offering (IPO) by a significant 23.5%. This decision comes as a response to investor concerns regarding the company’s substantial debt and heavy […]
Thailand stock exchange halts trading after earthquake
Thailand Stock Exchange Halts Trading After Earthquake The recent seismic activity in Myanmar sent tremors through the region, leading to unforeseen consequences beyond the immediate impact. While the earthquake’s epicenter was located in a neighboring country, Thailand felt the reverberations as the strong tremor prompted the suspension of trading on the country’s stock exchange. The […]
US Fashion Lobby Warns Trump Cuts Threaten Key Supply-Chain Programmes
US Fashion Lobby Warns Trump Cuts Threaten Key Supply-Chain Programmes The US fashion industry is facing a critical threat as the Trump administration announces cuts to key supply-chain programs aimed at combating child labor, forced labor, and human trafficking overseas. With the Labor Department slashing over $500 million in funding for these vital initiatives, the […]
Massive 18M tons of lithium worth $540B unearthed in US, could reduce China’s grip
Massive 18M Tons of Lithium Worth $540B Unearthed in US, Could Reduce China’s Grip With the demand for lithium soaring, the U.S. government is taking action. In a recent development, a staggering 18 million tons of lithium deposits have been unearthed in the United States. This discovery is not only significant in terms of quantity […]
H&M: Stuck in the Middle With You
H&M: Stuck in the Middle With You In the fast-paced world of fashion retail, staying ahead of the curve is crucial to success. However, for retail giant H&M, the road to success seems to be filled with obstacles as it finds itself stuck in the middle of fierce competition between low-priced brands like Shein and […]
Fusion plant’s sensing tech that can withstand sun-like power set to be developed in UK
Fusion Plant’s Sensing Tech that Can Withstand Sun-Like Power Set to be Developed in UK A top UK nuclear body has speeded up efforts to develop robust sensing technologies for fusion plants that can withstand power equivalent to that of the sun. The UK Atomic Energy Authority (UKAEA) is at the forefront of this groundbreaking […]
76% successful: Magnet-powered tiny robotic tools perform scalpel-free brain surgery
76% successful: Magnet-powered tiny robotic tools perform scalpel-free brain surgery A research team at the University of Toronto in Canada has developed a set of magnet-powered tiny robotic tools that have revolutionized the field of brain surgery. These innovative tools have made scalpel-free procedures a reality, significantly reducing the risks and recovery times associated with […]
AI chip production to benefit from Rapidus and Quest Global alliance
AI Chip Production Set to Soar with Rapidus and Quest Global Collaboration In a strategic move set to revolutionize the landscape of artificial intelligence (AI) chip production, Rapidus and Quest Global have announced a groundbreaking alliance. This partnership aims to harness the strengths of both companies to create next-generation AI chips that are set to […]
China faces Nvidia chip shortages
China Faces Nvidia Chip Shortages China’s tech landscape is rapidly evolving, with companies like Tencent and Alibaba at the forefront of innovation. As these industry giants race to adopt cutting-edge AI models, the demand for advanced hardware is skyrocketing. However, this surge in demand has led to a significant challenge – a shortage of Nvidia’s […]
Coinbase urges Canada to prioritise crypto regulation ahead of elections
Coinbase Urges Canada to Prioritize Crypto Regulation Ahead of Elections As the world of cryptocurrency continues to expand and evolve, regulatory uncertainty has become a significant concern for industry players. In Canada, this issue has reached a critical point, leading to a situation where crypto firms are feeling compelled to look elsewhere for more favorable […]