North Korea unveiled new, smaller nuclear warheads as leader Kim Jong Un called for scaling up the production of weapons-grade nuclear material to expand the country’s arsenal, state media KCNA said on Tuesday. KCNA released photos of the warheads, dubbed Hwasan-31, during Kim’s visit to the Nuclear Weapons Institute, where he inspected new tactical nuclear […]
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Chinese electric vehicle (EV) maker Nio Inc began trial operation on Tuesday of faster, more efficient battery swapping stations in China in its push to make battery swapping a viable alternative to rival EV makers’ rapid-charging technology. With capacity to store up to 21 battery packs each, Nio’s Power Swap Station 3.0 can speed up […]
Japan will sign a mineral supply chain agreement with the United States that will give U.S. tax incentives for electric vehicles made with metals processed in Japan, trade minister Yasutoshi Nishimura told reporters on Tuesday. The U.S. last June announced a multinational pact called Minerals Security Partnership with Japan, Canada and other countries aimed at […]
Alibaba Group Holding Ltd said it plans split its business into six main units covering e-commerce, media and the cloud, adding that each will explore fundraising or initial public offerings. Alibaba’s U.S.-listed shares rose 7% in pre-market trading. Here are comments from analysts: THOMAS HAYES, CHAIRMAN AT GREAT HILL CAPITAL, NEW YORK “This is the […]
Nvidia Corp, the world’s leading designer of computer chips used in creating artificial intelligence, on Monday showed new research that explains how AI can be used to improve chip design. The process of designing a chip involves deciding where to place tens of billions of tiny on-off switches called transistors on a piece of silicon […]
The telecom industry is constantly evolving, and with the advent of 5G technology, many are already looking ahead to the future of 6G. While many are eager to leap into the future, some raise concerns about the need to address current infrastructure challenges. As one famous quote says, “Rome wasn’t built in a day.” Therefore, […]
The history of the Internet of Things (IoT) in retail begins in 1999 with Kevin Ashton, a computer scientist at Procter & Gamble. Ashton proposed putting radio-frequency identification (RFID) chips on products to track them through the supply chain. But this article isn’t about history. No. This article is about how the consumer AND the […]
The S&P 500 ended slightly higher on Monday as a deal for Silicon Valley Bank’s assets helped to boost bank shares, while a decline in technology-related stocks limited the day’s gains. The S&P 500 banks index rose 3.1%, while the KBW regional banking index ended up 0.6%. JPMorgan Chase & Co shares climbed 2.9% and […]
The world’s biggest crypto exchange Binance and its CEO and founder Changpeng Zhao were sued by the U.S. Commodity Futures Trading Commission (CFTC) on Monday for operating what the regulator alleged were an “illegal” exchange and a “sham” compliance program. The CFTC sued Binance, Zhao and its former top compliance executive with “willful evasion” of […]
Pinterest Inc will end leases of certain office spaces as part of a restructuring plan, the image-sharing platform said on Monday, in addition to about 4% workforce reduction it started last month. U.S. companies from technology to finance have stepped up cost cuts as they brace for a potential recession. Pinterest said it expected to […]