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U.S.’ inability to replace rare earths supply from China poses a threat to its defense, warns CSIS

U.S.’ inability to replace rare earths supply from China poses a threat to its defense, warns CSIS

Workers transporting soil containing rare earth elements for export at a port in Lianyungang, Jiangsu province, China, Oct. 31, 2010. Stringer | Reuters As China imposes export controls on rare earth elements, the U.S. would be unable to fill a potential shortfall, according to the Center for Strategic and International Studies — and this could threaten Washington’s […]

U.S.’ inability to replace rare earths supply from China poses a threat to its defense, warns CSIS Read More »

South Korea announces over  billion for chip sector as Trump tariffs on semiconductor imports loom

South Korea announces over $23 billion for chip sector as Trump tariffs on semiconductor imports loom

Visitors look at the display of SK Hynix Inc. 12-layer HBM3E memory chips at the Semiconductor Exhibition (SEDEX) in Seoul, South Korea, on Wednesday, Oct. 23, 2024. Bloomberg | Bloomberg | Getty Images South Korea announced Tuesday a support package of 33 trillion won ($23.25 billion) for its vital semiconductor industry, as heightened uncertainty over

South Korea announces over $23 billion for chip sector as Trump tariffs on semiconductor imports loom Read More »

Apple regains  trillion market cap after Trump exempts tariffs on iPhones

Apple regains $3 trillion market cap after Trump exempts tariffs on iPhones

Apple CEO Tim Cook greets former President Barack Obama at the inauguration of U.S. President Donald Trump at the U.S. Capitol Rotunda in Washington, D.C., on Jan. 20, 2025. Julia Demaree Nikhinson | Getty Images Apple shares rose more than 2% on Monday, pushing the company’s market cap back above $3 trillion, as Wall Street

Apple regains $3 trillion market cap after Trump exempts tariffs on iPhones Read More »

Meta resorted to ‘buy-or-bury scheme’ with Instagram and WhatsApp deals, former FTC Chair Lina Khan says

Meta resorted to ‘buy-or-bury scheme’ with Instagram and WhatsApp deals, former FTC Chair Lina Khan says

Former U.S. Federal Trade Commission Chair Lina Khan said Monday that Facebook “panicked” when making the acquisitions of Instagram and WhatsApp as smartphone use took off. “It saw companies like Instagram and WhatsApp experiencing astronomical growth, and that’s the point at which it resorted to this buy-or-bury scheme where, if it couldn’t out-compete a rival,

Meta resorted to ‘buy-or-bury scheme’ with Instagram and WhatsApp deals, former FTC Chair Lina Khan says Read More »

Apple, Google, Cash App alums ditch Big Tech to build on bitcoin, fueled by VC money and friendly White House

Apple, Google, Cash App alums ditch Big Tech to build on bitcoin, fueled by VC money and friendly White House

AUSTIN — On a Friday morning last spring, Mark Suman called out sick from his job as a senior engineering project manager at Apple and made his way downtown to a place called the Bitcoin Commons, a sort of clubhouse for enthusiasts of the world’s largest cryptocurrency, situated a few blocks south of the Texas

Apple, Google, Cash App alums ditch Big Tech to build on bitcoin, fueled by VC money and friendly White House Read More »

Tokenization of the market, from stocks to bonds to real estate is coming, says BlackRock CEO Larry Fink, if we can solve one problem

Tokenization of the market, from stocks to bonds to real estate is coming, says BlackRock CEO Larry Fink, if we can solve one problem

Bitwise Spot Bitcoin ETF (BITB) signage on the floor of the New York Stock Exchange (NYSE) in New York, US, on Thursday, Jan. 11, 2024, with trading commencing on the first US exchange-traded funds that invest directly in the biggest cryptocurrency. Bloomberg | Bloomberg | Getty Images If the vision of Larry Fink — CEO

Tokenization of the market, from stocks to bonds to real estate is coming, says BlackRock CEO Larry Fink, if we can solve one problem Read More »

UnitedHealth is making struggling doctors repay loans issued after last year’s cyberattack

UnitedHealth is making struggling doctors repay loans issued after last year’s cyberattack

UnitedHealth CEO Andrew Witty testifies before the Senate Finance Committee on Capitol Hill in Washington, May 1, 2024. Kent Nishimura | Getty Images Following the massive cyberattack on UnitedHealth Group’s Change Healthcare unit last year, the company launched a temporary funding assistance program to help medical practices with their short-term cash flow needs, offering no-interest

UnitedHealth is making struggling doctors repay loans issued after last year’s cyberattack Read More »

Tech stocks head for winning week with Nvidia tracking for 15% bounceback

Tech stocks head for winning week with Nvidia tracking for 15% bounceback

Nvidia CEO Jensen Huang delivers the keynote for the Nvidia GPU Technology Conference (GTC) at the SAP Center in San Jose, California, U.S. March 18, 2025.  Brittany Hosea-Small | Reuters Technology stocks were on pace for a winning week Friday on the heels of a volatile stretch spurred by ongoing tariff uncertainty and economic fears.

Tech stocks head for winning week with Nvidia tracking for 15% bounceback Read More »

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