World Liberty Financial, a decentralised finance (DeFi) crypto project associated with former President Donald Trump and his sons, has outlined plans to restrict its token sales to $30 million within the United States. This move reflects the company’s strategic approach to navigating a complex regulatory landscape while capitalising on the growing interest in cryptocurrency investments. […]
The EU Plans Major Funding to Advance Tech and AI
In a decisive move aimed at bolstering its technology sector, the European Union (EU) has announced a substantial investment of €1.4 billion towards deep tech development for the year 2025. This funding, which represents an increase of €200 million from last year, will be channeled through the European Innovation Council (EIC) under the Horizon Europe […]
US Finalizes Rules to Curb Investment in China’s AI and Defence Tech
In a move signaling heightened tensions between the United States and China, the Biden administration has announced new regulations aimed at restricting American investments in China’s critical technology sectors, particularly in artificial intelligence (AI), semiconductors, and quantum computing. Set to take effect on January 2, 2024, these regulations are part of a broader strategy to […]
Nvidia Overtakes Apple as Most Valuable Company: A Shift in the Tech Landscape
In a remarkable twist in the technology sector, Nvidia has reclaimed its position as the world’s most valuable company, momentarily surpassing Apple. This development highlights the dynamic nature of market valuations and underscores the growing influence of artificial intelligence (AI) in shaping business fortunes. Recently, Nvidia’s market capitalization peaked at approximately $3.53 trillion, edging out […]
Musk's America PAC Prioritises Facebook and Instagram Over X in Strategic Ad Campaign to Support Trump
Elon Musk’s political action committee, America PAC, has made a notable strategic shift in its advertising approach as it gears up to support former President Donald Trump in the upcoming elections. While Musk owns X (formerly Twitter), the PAC has opted to invest substantially more in traditional social media platforms such as Facebook and Instagram, […]
Rianta Capital Invests In Biotech Beauty Brand
In an era where innovation shapes the beauty landscape, the UK-based biotech skincare brand, Reome, has captured attention with its successful first round of funding. Launched by former beauty editor Joanna Ellner in January 2023, Reome recently raised over £1.1 million ($1.4 million) led by Rianta Capital, the investment arm of New Look founder Tom […]
Electronics and Mobility Sectors Unite in Japan
Japan’s largest annual electronics event has launched alongside a mobility show, marking a significant milestone as the first joint trade fair of its kind. This collaboration highlights the increasing convergence between the technology and automotive industries, an evolution propelled by the rise of autonomous and connected vehicles. Hosted by the Japan Electronics and Information Technology […]
Blackstone Plans Significant Data Centre Development in Spain
Blackstone, the world’s largest alternative asset manager, has unveiled ambitious plans to invest €7.5 billion (approximately $8.2 billion) in developing data centres in Aragon, Spain. This decision is poised to cement Aragon’s status as a critical hub for cloud computing in Europe, particularly amid growing demand for digital infrastructures. The investment comes at a time […]
Trump-backed Crypto Project Gains 100,000 Signups Before Token Launch
In a significant development within the cryptocurrency sector, World Liberty Financial, a project backed by former President Donald Trump, has successfully attracted over 100,000 signups in anticipation of its WLFI token launch. This ERC-20 token, which operates on the Ethereum blockchain, is designed to serve as the governance token for a new decentralized finance (DeFi) […]
System Magazine Co-Founders Exit Publication
In a notable shift within the fashion media landscape, the co-founders of System Magazine — Elizabeth von Guttman, Thomas Lenthal, and Jonathan Wingfield — have announced their departure from the publication. This decision marks the end of an era for the influential magazine, which has carved a niche for itself since its inception. However, the […]