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Reading Time : 2 minutesUber and Wayve are launching driverless robotaxi trials in London, blending AI that learns by experience with Uber’s global platform. With no safety drivers, it’s a major step toward commercial self-driving services. The UK is fast-tracking approvals, aiming for spring 2026. Success in London could pave the way for expansion across Europe and beyond.
Reading Time : 2 minutes DeepSeek’s latest update to its R1 reasoning model boosts performance while keeping a low profile. Despite lacking a flashy release, the R1‑0528 version impresses in benchmarks and reflects China’s growing AI strength.
Reading Time : 2 minutes Labubu, Pop Mart’s star character, has helped Wang Ning dethrone Qin Yinglin as Henan’s richest man. The blind-box sensation has driven Pop Mart’s stock to record highs, proving a quirky toy can reshape China’s billionaire landscape.
Reading Time : 2 minutes Switzerland is set to join a global network for automatic crypto asset data exchange by 2027, enhancing tax transparency and regulatory cooperation. This move aligns with OECD standards and includes most EU and G20 countries, excluding some major powers. Swiss crypto firms will face new compliance rules, marking a key step in global crypto regulation.
Reading Time : 2 minutes Switzerland has proposed strict capital rules targeting UBS, including $26B in extra capital and full foreign subsidiary coverage. UBS calls it extreme, but markets stayed calm.
Reading Time : 2 minutes Asia’s ETF market is exploding with innovation, driven by rising demand for diversification, active strategies, and leveraged exposure. With nearly $1 trillion in assets, the region is fast becoming a global ETF leader.
Reading Time : 2 minutes Broadcom’s new Tomahawk 6 chip doubles Ethernet switch speeds to 102.4Tbps, revolutionizing AI data center networking. Built on 3nm technology with advanced routing and optics, it supports massive AI clusters and challenges Nvidia’s InfiniBand. Industry leaders praise its efficiency and scalability, signaling a major leap forward in AI infrastructure performance.
Reading Time : 2 minutes Trump’s new 25% tariffs on pharmaceuticals aim to boost U.S. manufacturing. The move could reshape global drug supply chains and spark retaliation. Major exporters like Ireland, China, and Germany may face steep losses. Consumers in the U.S. could see rising prices.
Reading Time : 2 minutesMeta plans to launch a fully AI-driven ad automation system by 2026, enabling brands to create entire campaigns with minimal input. This innovation could reshape digital advertising, empowering businesses while challenging traditional agencies. Despite excitement, concerns about creative quality and control persist as Meta competes with other tech giants in the AI ad space.
Reading Time : 2 minutesPresident Trump’s doubling of steel and aluminum tariffs to 50% has drawn sharp criticism from the EU, risking trade talks and raising costs globally. While aiming to boost U.S. steel production, the move complicates relations with allies like the UK and threatens retaliatory actions. Negotiations remain tense as both sides seek a way forward.
Reading Time : 2 minutesElon Musk is refocusing on Tesla, SpaceX, and X after political endeavors. With Tesla’s robotaxi event on August 8, 2025, xAI’s AI advancements, and SpaceX’s Starship tests, Musk is driving innovation. His shift back to business highlights his vision for autonomous driving, AI, and space exploration, aiming to redefine industries while navigating public and market expectations.
Reading Time : 2 minutes The SEC has ruled that meme coins like $TRUMP do not meet the criteria of securities under the Howey test. Their value is driven by speculation and community hype, not managerial efforts, placing them outside SEC jurisdiction. This leaves investors without typical protections and raises questions about future regulatory oversight in the evolving crypto space.
Reading Time : 2 minutes Dell Technologies raised its profit outlook amid soaring demand for AI servers powered by Nvidia chips. With $12.1 billion in AI orders in Q1 and a $14.4 billion backlog, Dell is shipping more AI infrastructure than ever. Despite margin pressures, the company’s strong revenue and strategic AI deployments highlight its leadership in the rapidly expanding AI hardware market.
Reading Time : 2 minutes Alibaba’s Taobao Instant Commerce has surpassed 40 million daily orders in just one month, offering 60-minute delivery across diverse products. Powered by Ele.me’s logistics, this service intensifies competition with JD.com and Meituan in China’s rapidly growing instant retail market, projected to reach over 2 trillion yuan by 2030.
Reading Time : 2 minutes China’s chip industry is pushing ahead fast despite U.S. sanctions. Hygon is set to unveil a powerful processor, while merging with Sugon to boost local tech capabilities. This marks a clear step toward reducing foreign tech reliance and securing a strong place in the global semiconductor arena.