X unveils digital wallet with Visa integration
The launch aligns with Musk’s broader plan to transform X into a financial ecosystem, expanding beyond social media
Oil prices decline with higher U.S. inventories and Libya stability
Brent crude futures drop 0.76% to $77.90 a barrel, while U.S. crude futures decline 0.75% to $73.22
TikTok to invest $3.76 billion in Thailand for data hosting service
The investment will support affiliated companies, with operations expected to begin in 2026, say Thailand's BOI
OpenAI seeks U.S. partnership to prevent AI technology leaks
OpenAI’s comments follow the White House’s announcement that it is evaluating national security concerns related to China’s DeepSeek AI
White house investigates China’s DeepSeek AI over national security risks
U.S. officials are assessing the national security risks of China's DeepSeek AI, White House Press Secretary Karoline Leavitt said, as concerns grow...
Nvidia stock rises after DeepSeek AI triggers record drop
Nvidia shares rise 2% in Frankfurt after a 17% drop Monday that erases nearly $600 billion in market value
Biden’s airline fee transparency rule halted by U.S. appeals court
USDOT estimates consumers overpay $543 million annually due to hidden fees, boosting airline revenue
LVMH considers U.S. production boost amid tax uncertainty in France
U.S.-based factories benefit from tax conditions, while France is proposing additional taxes on large companies to address budget shortfalls, says Arnault
Alibaba launches Qwen 2.5 AI model, claims it outperforms DeepSeek-V3
Qwen 2.5-Max outperforms GPT-4o, DeepSeek-V3 and Llama-3.1-405B, Alibaba's cloud unit says on its official WeChat account
Boeing reports 2024 loss of $11.8bn after strike, safety issues
NEW YORK: Boeing reported a hefty fourth-quarter loss Tuesday following a bruising 2024 that included a lengthy labor strike, major safety issues...
Trump’s digital dollar ban creates opportunity for China and Europe
The ban prohibits U.S. agencies from pursuing, promoting, or issuing a CBDC and signals a significant policy shift in the United States
Musk disputes with Norwegian fund CEO over $56 billion pay package
The fund, Tesla's seventh-largest investor with a 0.95% stake valued at $6 billion as of June, raises concerns about the package's size and structure
OpenAI launches ChatGPT Gov for U.S. government agencies
The statement comes after Chinese AI startup DeepSeek disrupted AI-linked markets by surpassing ChatGPT in App Store downloads with its free AI assistant
Google asks EU court to overturn record $4.5 billion antitrust fine
Commission failed to meet its responsibilities during the investigation and had penalized Google for its innovation and market success, says Google’s lawyer
Honda to challenge rivals with budget EV under $30,000 by 2026
The model will be part of the automaker’s global "Honda 0 Series" EV lineup and will be produced locally