Reading Time : 2minutesThe UK steel industry faces a potential crisis with looming US tariffs. The government’s £2.5 billion plan aims at resilience through tech upgrades and cost reduction. However, the strategy’s success will also depend on international diplomacy to navigate these trade challenges.
Reading Time : 2minutes “Ne Zha 2” breaks the billion-dollar barrier in China, blending myth with modern animation. A cultural triumph, it reflects the growing prowess of Chinese cinema in animation storytelling.
Reading Time : 2minutesK-pop stocks are soaring in February, with Hybe leading gains due to BTS’s military discharge. The industry’s global appeal and live events revenue post-COVID are key drivers.
Reading Time : 2minutesTech mogul Elon Musk, leading a consortium, has made a stunning $97.4 billion bid to seize control of OpenAI, the AI powerhouse behind ChatGPT. This move follows escalating legal battles and accusations that OpenAI has strayed from its original mission.
Reading Time : 2minutesBill Ackman’s Pershing Square invested $2.3 billion in Uber, signaling strong confidence in its growth potential. The investment boosted Uber’s stock and market cap, highlighting its operational achievements and advancements in autonomous technology. Ackman sees Uber as a well-managed business undervalued by the market.
Reading Time : 2minutesAmid Trump’s tariff threats, the Bank of England turns to gold to shield against economic turmoil, joining a global trend towards traditional safe-haven assets. This move could reshape UK’s monetary policy and impact global markets.
Reading Time : 2minutesUAE’s €30-50B investment aims to build Europe’s largest AI data center in France. This partnership will boost AI research, potentially reshaping Europe’s tech landscape with its gigawatt capacity.
Reading Time : 2minutesGrand Theft Auto 6 is set to redefine gaming, potentially earning billions in its first year and selling millions of copies. The industry is already adapting, with publishers shifting schedules. GTA 6’s budget could reshape development standards, influencing graphics and open-world design for years.
Reading Time : 3minutesTrump’s comments on the Panama Canal have sparked a debate on sovereignty, control, and China’s growing influence, highlighting tensions between U.S. and Panama over this vital maritime route.
Reading Time : 2minutes Five years post-Brexit, the UK faces significant trade disruptions, increasing costs, and mounting frustrations at borders. From long delays at ports to heightened paperwork and higher prices, businesses and farmers alike are feeling the impact. The competition has also intensified, and many now regret the decision that continues to affect their daily lives.
Reading Time : 2minutesA Chinese AI startup, DeepSeek AI, has caused a $1 trillion drop in U.S. stock values by offering ChatGPT-like capabilities at lower costs, signaling a tech rivalry shift.
Reading Time : 2minutesIn Q4 2024, Netflix achieved a remarkable feat by adding 19 million subscribers, bringing its total to 302 million. This growth was fueled by hits like “Squid Game” Season 2 and live events, alongside effective strategies such as password sharing crackdowns and an ad-supported tier. With revenue reaching $10.25 billion, Netflix is poised for continued success.
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The emergence of DeepSeek’s AI assistant has sparked significant discussions around U.S. tech export controls and their implications for global competition. As the app gains traction, it challenges existing policies and raises questions about the future of AI regulation and innovation.
Reading Time : 2minutesPacaso revolutionizes luxury second-home ownership with its co-ownership model, making dream vacation homes more accessible. Buyers purchase shares in stunning properties, gaining proportional usage while leaving maintenance to Pacaso’s expert management. With a streamlined resale process and fair ownership transfer options, Pacaso ensures a seamless experience, creating opportunities for more people to enjoy the benefits of high-end real estate.
Reading Time : 2minutesBanks are strategically moving to reduce their exposure from the $13 billion debt tied to Elon Musk’s acquisition of X, formerly Twitter. With a $3 billion debt sale led by Morgan Stanley on the horizon, they aim to attract institutional investors amid X’s significant decline in valuation and ongoing financial challenges, including stagnant user growth and reduced ad revenue.