FAA Orders Inspection of 2,600 Boeing 737 Aircraft Over Oxygen Mask IssuesThe FAA demands an inspection of 2,600 Boeing 737 aircraft due to potential malfunction of passenger oxygen masks in emergencies.
U.S. Government Invests $176M in Moderna for Avian Flu VaccineThe U.S. government announced the plan to provide $176 million to Moderna to develop a pandemic vaccine targeting avian flu.
France Takes Aim at Nvidia: Big Tech Battle Heats UpFrance is expected to become the first enforcer of European antitrust regulations against tech giant Nvidia.
U.S. Army Strikes $4.5 Billion Deal with Lockheed Martin for Advanced Missile DefenseThe U.S. Army has signed a multi-year contract worth $4.5 billion for Lockheed Martin's air defense Patriot missile system.
Volkswagen Backs Rivian with $5 Billion: New Era for Electric Vehicles BeginsVolkswagen Group announced Tuesday that it is establishing a joint venture with Rivian for next-generation electric vehicles.
Israel Pours $250 Million into National AI Program, Eyes Global LeadershipThe chief executive of the state-backed Israel Innovation Authority said Israel is set to launch its first supercomputer on Wednesday.
How Short Sellers Cashed in on Nvidia's DeclineNvidia short sellers have made a profit through a three-day sell-off. According to data analysis company Ortex Technologies on the 25th (local time), Nvidia short sellers made about $5 billion in paper profits through a drastic sell-off over the previous three rounds. Furthermore, with Nvidia’s 6.6% drop on Monday, short sellers raked in $2.4 billion, […]
Tesla's Cybertruck Recall Hits 11,383 Units: What You Need to KnowTesla is recalling its Cybertruck electric pickup truck due to issues with both interior and exterior trims. Back in April, nearly 4,000 Cybertrucks were recalled to address an issue where the acceleration pedal pad could become loose and potentially get caught in the interior trim. According to the U.S. National Highway Traffic Safety Administration (NHTSA), […]
Russia is Taxing the Wealthy Elites for their War AgendaRussia plans to raise income tax. The Russian Parliament preliminarily approved a bill that raised the income tax for the wealthy elites.
Snap to Offer Full-Body AR Experiences with New Tech InnovationsSnapchat to create more realistic special effects when taking shots with a phone camera, helping it stay ahead of social media competitors.
France’s Financial Future May Be at Risk - Here’s WhyThe Central Bank of France has urged action to prevent the deepening of France’s fiscal deficit. François Villeroy de Galhau, the governor of the Bank of France, urged on June 18 to avoid worsening fiscal deficits as investors worry about France’s fiscal outlook after the sale of French assets. Before France is expected to be […]
China's EV Exports to Europe Hit by New Tariffs Starting JulyThe impact of European tariffs on Chinese electric vehicle (EV) companies will be implemented in July. According to the China Passenger Car Association (CPCA), retail sales of EVs increased 38.6% from the last year reaching 804,000 units. Cumulative sales in May were 3.249 million units with a 34.2% increase compared to the previous year’s performance. […]
AMD Under Cyber Attack: Sensitive Data Potentially ExposedAMD announced on the 18th that it was investigating claims that a cybercriminal organization stole the company's data through hacking.
Russian Submarine Exits Havana Harbor: Cold War Echoes ReturnRussian naval fleet, including a nuclear-powered submarine, left Havana Harbor after completing a planned military exercise in the Atlantic.
Zyn Nicotine Pouches Pulled from Online Shelves: Philip Morris Faces Legal HeatPhilip Morris International, a tobacco company, has discontinued the online sale of its popular nicotine pouch brand, Zyn.
Google Pumps $2.3 Billion Into Ohio Data Hub: What's Next for Tech?On the 18th, Google announced it would be investing an additional $2.3 billion to support three data center campuses located in central Ohio.
Is the Left-Wing Reign Over? European Markets Wobble as Far-Right Rises in EU ParliamentAnalysts predict that although short-term volatility is inevitable due to the right-wing shift in the European Union (EU), a gradual return to normalcy is expected as fundamentals recover. As anticipated, far-right parties made significant gains in the European Parliament elections held from June 6-9. Among individual countries, France saw the greatest expansion of far-right influence, […]
Meta Indefinitely Postpones AI Chatbot Launch Due to EU SanctionsThe launch of AI on the Meta platform has been postponed due to sanctions posed by the European Union (EU). Meta announced on the 15th that the launch of the Meta AI chatbot in Europe is delayed after the European regulatory authorities denied their plans to train large language models (LLM) with users’ posts. Meta […]
Tesla Stock Falls After Autopilot Causes Another High-Profile CrashAccording to the Fullerton Police Department in California and the Los Angeles Times on the 14th, an accident involving a police cruiser and a Tesla on autopilot occurred at the intersection of Orangethorpe and Courtney avenues while a police officer was conducting a traffic stop. At the time, the police car had its emergency lights […]
AI Fever Boosts NASDAQ: Tech Sector Remains Steady and StrongAnalyses are suggesting that there are no signs of overheating in the IT sector, which is leading the rally of the U.S. stock market in New York. In anticipation of a decrease in the benchmark interest rate, the S&P 500 and Nasdaq Composite are breaking new records. In particular, the Nasdaq index took advantage of […]
FAA Orders Inspection of 2,600 Boeing 737 Aircraft Over Oxygen Mask Issues The FAA demands an inspection of 2,600 Boeing 737 aircraft due to potential malfunction of passenger oxygen masks in emergencies.
U.S. Government Invests $176M in Moderna for Avian Flu Vaccine The U.S. government announced the plan to provide $176 million to Moderna to develop a pandemic vaccine targeting avian flu.
France Takes Aim at Nvidia: Big Tech Battle Heats Up France is expected to become the first enforcer of European antitrust regulations against tech giant Nvidia.
U.S. Army Strikes $4.5 Billion Deal with Lockheed Martin for Advanced Missile Defense The U.S. Army has signed a multi-year contract worth $4.5 billion for Lockheed Martin's air defense Patriot missile system.
Volkswagen Backs Rivian with $5 Billion: New Era for Electric Vehicles Begins Volkswagen Group announced Tuesday that it is establishing a joint venture with Rivian for next-generation electric vehicles.
Israel Pours $250 Million into National AI Program, Eyes Global Leadership The chief executive of the state-backed Israel Innovation Authority said Israel is set to launch its first supercomputer on Wednesday.
How Short Sellers Cashed in on Nvidia's Decline Nvidia short sellers have made a profit through a three-day sell-off. According to data analysis company Ortex Technologies on the 25th (local time), Nvidia short sellers made about $5 billion in paper profits through a drastic sell-off over the previous three rounds. Furthermore, with Nvidia’s 6.6% drop on Monday, short sellers raked in $2.4 billion, […]
Tesla's Cybertruck Recall Hits 11,383 Units: What You Need to Know Tesla is recalling its Cybertruck electric pickup truck due to issues with both interior and exterior trims. Back in April, nearly 4,000 Cybertrucks were recalled to address an issue where the acceleration pedal pad could become loose and potentially get caught in the interior trim. According to the U.S. National Highway Traffic Safety Administration (NHTSA), […]
Russia is Taxing the Wealthy Elites for their War Agenda Russia plans to raise income tax. The Russian Parliament preliminarily approved a bill that raised the income tax for the wealthy elites.
Snap to Offer Full-Body AR Experiences with New Tech Innovations Snapchat to create more realistic special effects when taking shots with a phone camera, helping it stay ahead of social media competitors.
France’s Financial Future May Be at Risk - Here’s Why The Central Bank of France has urged action to prevent the deepening of France’s fiscal deficit. François Villeroy de Galhau, the governor of the Bank of France, urged on June 18 to avoid worsening fiscal deficits as investors worry about France’s fiscal outlook after the sale of French assets. Before France is expected to be […]
China's EV Exports to Europe Hit by New Tariffs Starting July The impact of European tariffs on Chinese electric vehicle (EV) companies will be implemented in July. According to the China Passenger Car Association (CPCA), retail sales of EVs increased 38.6% from the last year reaching 804,000 units. Cumulative sales in May were 3.249 million units with a 34.2% increase compared to the previous year’s performance. […]
AMD Under Cyber Attack: Sensitive Data Potentially Exposed AMD announced on the 18th that it was investigating claims that a cybercriminal organization stole the company's data through hacking.
Russian Submarine Exits Havana Harbor: Cold War Echoes Return Russian naval fleet, including a nuclear-powered submarine, left Havana Harbor after completing a planned military exercise in the Atlantic.
Zyn Nicotine Pouches Pulled from Online Shelves: Philip Morris Faces Legal Heat Philip Morris International, a tobacco company, has discontinued the online sale of its popular nicotine pouch brand, Zyn.
Google Pumps $2.3 Billion Into Ohio Data Hub: What's Next for Tech? On the 18th, Google announced it would be investing an additional $2.3 billion to support three data center campuses located in central Ohio.
Is the Left-Wing Reign Over? European Markets Wobble as Far-Right Rises in EU Parliament Analysts predict that although short-term volatility is inevitable due to the right-wing shift in the European Union (EU), a gradual return to normalcy is expected as fundamentals recover. As anticipated, far-right parties made significant gains in the European Parliament elections held from June 6-9. Among individual countries, France saw the greatest expansion of far-right influence, […]
Meta Indefinitely Postpones AI Chatbot Launch Due to EU Sanctions The launch of AI on the Meta platform has been postponed due to sanctions posed by the European Union (EU). Meta announced on the 15th that the launch of the Meta AI chatbot in Europe is delayed after the European regulatory authorities denied their plans to train large language models (LLM) with users’ posts. Meta […]
Tesla Stock Falls After Autopilot Causes Another High-Profile Crash According to the Fullerton Police Department in California and the Los Angeles Times on the 14th, an accident involving a police cruiser and a Tesla on autopilot occurred at the intersection of Orangethorpe and Courtney avenues while a police officer was conducting a traffic stop. At the time, the police car had its emergency lights […]
AI Fever Boosts NASDAQ: Tech Sector Remains Steady and Strong Analyses are suggesting that there are no signs of overheating in the IT sector, which is leading the rally of the U.S. stock market in New York. In anticipation of a decrease in the benchmark interest rate, the S&P 500 and Nasdaq Composite are breaking new records. In particular, the Nasdaq index took advantage of […]
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