Author: Mik Smitt

US Inflation Rise in December; Consumer Spending Accelerates

US Inflation Rises in December; Consumer Spending Accelerates In a recent economic development, the United States witnessed a notable increase in prices during the month of December. Simultaneously, consumer spending experienced a significant surge, indicating a potential shift in the Federal Reserve’s interest rate policy. The rise in inflation and the acceleration of consumer spending […]

US tech giants defend AI spending amid Chinese competition

Tech Giants in the US Defend AI Spending Amid Chinese Competition In the ever-competitive landscape of artificial intelligence (AI), US tech giants like Microsoft and Meta are facing increasing pressure to navigate their investments in this cutting-edge technology. With Chinese companies rapidly advancing in the AI space, these American tech titans are doubling down on […]

DeepSeek: Speeding up the planet or levelling with ChatGPT?

DeepSeek: Revolutionizing the AI Industry with Open-Source Ethics and Transparency In the ever-changing landscape of artificial intelligence, a new player has emerged, promising to shake up the industry with its commitment to open-source ethics and transparency. DeepSeek, a cutting-edge AI technology, is gaining popularity for its innovative approach that could potentially revolutionize the way we […]

Kazakhstan moves to expand legal crypto operations

Kazakhstan’s Push for Legal Crypto Operations Kazakhstan is making significant strides towards expanding its legal crypto operations, with President Tokayev spearheading efforts to implement urgent reforms in order to regulate the industry effectively and crack down on illegal platforms. This move comes at a pivotal moment in the world of cryptocurrency, as governments worldwide are […]

FBI and Europol target cybercrime networks in global crackdown

FBI and Europol Target Cybercrime Networks in Global Crackdown Law enforcement agencies like FBI and Europol have recently made significant strides in combating cybercrime on a global scale. The collaborative effort between these two powerhouse organizations has led to the successful seizure of multiple cybercrime websites, marking a crucial step in dismantling illicit online networks. […]

Apple iPhones included in Starlink satellite trial

Apple iPhones included in Starlink satellite trial Apple iPhones have long been at the forefront of mobile communication, and now they are set to enter a new era with their inclusion in the Starlink satellite trial. Starlink, a project by SpaceX, aims to revolutionize internet access by providing direct-to-cell service through a network of satellites […]

Coinbase secures approval to launch in Argentina

Coinbase Secures Approval to Launch in Argentina Coinbase, a leading cryptocurrency exchange platform, has recently made waves in the financial world by securing approval to launch in Argentina. This strategic move comes as part of the company’s expansion efforts into new markets, with a keen focus on tapping into the burgeoning crypto scene in South […]

Vatican urges regulation of AI to prevent misinformation

Vatican Calls for Regulation of AI to Combat Misinformation In a world where technology is advancing at an unprecedented pace, the rise of artificial intelligence (AI) has brought about both incredible opportunities and significant challenges. While AI has the potential to revolutionize various aspects of our lives, including healthcare, transportation, and communication, it also poses […]

Chinese startup DeepSeek challenges AI spending norms

Chinese Startup DeepSeek Challenges AI Spending Norms In the fast-paced world of artificial intelligence (AI), the prevailing belief has been that to scale AI capabilities, vast investments in computing power are essential. However, DeepSeek, a rising star in the Chinese startup scene, is challenging this narrative with bold claims and innovative approaches. DeepSeek’s disruptive stance […]

Metaplanet to acquire 21,000 Bitcoin by 2026

Metaplanet’s Bold Move: Acquiring 21,000 Bitcoin by 2026 In a bold and strategic move, Metaplanet has unveiled its ambitious plan to acquire a staggering 21,000 Bitcoin by the year 2026. This initiative, aptly named the ’21 Million Plan’, is set to propel the company into the forefront of the digital currency realm, solidifying its position […]

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