Bitcoin falls below $90,000, hitting lowest level since November
The decline marks the first time Bitcoin has fallen below the key $90,000 level since mid-January
Cuba’s top cigarmaker sets record with $827 million in 2024 sales
Cuba's cigar business now accounts for nearly a quarter of global sales, driven by growing demand from wealthy smokers
Nvidia sues EU regulators over merger review of Run:ai acquisition
The dispute centers on the EU’s policy allowing regulators to review acquisitions that fall below the merger revenue threshold
U.S. considers hefty port fees as shipbuilding tensions with China escalate
The proposal imposes up to $1 million per vessel for Chinese operators and $1.5 million for non-Chinese using Chinese-built ships
Intel begins production with latest high NA lithography machines
Intel runs a quarterly production of 30,000 wafers, as early data confirms the higher reliability of these new machines
Google faces lawsuit as AI overviews reduce demand for original content
U.S. edtech company Chegg argues that Google’s AI overviews have caused a decline in its website traffic and subscribers
Tesla’s autopilot update in China fails to meet Musk’s promises
While the update brings features similar to Tesla’s Full Self-Driving system, it remains less advanced than the version available in the US
Oil prices steady amid Ukraine peace talks and Iraq export uncertainty
Brent crude rises 13 cents to $74.56 per barrel, while U.S. West Texas Intermediate (WTI) crude gains 11 cents to $70.51
Italy and UAE expand economic ties with $40 billion investment deal
The announcement follows Italy’s agreements last month with Saudi Arabia, valued at around $10 billion
Musk demands job reports from U.S. civil servants as layoffs accelerate
The demand comes amid mass job cuts, with over 20,000 layoffs and buyout offers extended to 75,000 more employees across agencies
U.S. lawmakers accuse EU of imposing restrictive regulations on American firms
Donald Trump’s memorandum warns that his administration will scrutinize the EU’s Digital Markets Act and Digital Services Act
Apple partners with Foxconn to build AI server factory in Texas
The company aims to add 20,000 research and development jobs across the US as part of its broader investment strategy
Nvidia’s AI chip demand under scrutiny as DeepSeek disrupts market
Nvidia benefits most from AI investments, while DeepSeek's low-cost models raise doubts about its pricey chips
Illegal U.S. vape sales worth at least $2.4 billion in 2024
That compares to sales worth $3.2 billion in 2023 and $2.8 billion in 2022, the data shows
Qatar signs deal with Scale AI to use AI to boost government services
The deal allows Qatar's government to adopt tools such as predictive analytics, automation and advanced data analysis