US Bitcoin Holdings Rise
Reading Time : 2 minutesThe U.S. government’s Bitcoin holdings are substantial, with significant value potential, sparking discussions on cryptocurrency policies
Tag: Finance
AI Art Auction Dilemma
Reading Time : 2 minutesChristie’s AI art auction saw mixed results amid controversy over copyright concerns. Despite this, Refik Anadol’s work excelled, highlighting growing interest in AI-generated art. The auction raised complex questions about the future of AI art.
Trump’s $5M Gold Card : A New Path to U.S. Residency
Reading Time : 3 minutesTrump’s $5M “gold card” offers U.S. residency to rich foreigners, skipping EB-5’s job rules. Set for March 2025, it aims to cut the deficit, but will millionaires bite when Italy’s deal is $260k? With 277,000 global tycoons eligible, it’s a bold bid for cash and talent.
DeepSeek’s AI Margin
Reading Time : 2 minutesDeepSeek claims a theoretical 545% profit margin, sparking debate on AI profitability and efficiency.
Global Market Shift
Reading Time : 2 minutesEuropean and Asian markets are gaining momentum, driven by investor optimism and innovation in tech sectors. The shift signals a diversification away from U.S. stocks, driven by value propositions and economic growth expectations.
Brutalist Legacy : Berlin’s ICC, a Concrete Sci-Fi Dream
Reading Time : 3 minutesThe ICC Berlin, a Brutalist giant from 1979, blends raw concrete with sci-fi flair. Built to showcase West Berlin’s ambition, it closed in 2014 over asbestos woes. Now a listed relic, its future’s unclear—revival or reinvention? A Cold War icon awaits its next act.
Automakers Struggle with EV Supply Chain Sustainability
Reading Time : 2 minutesA report by Lead the Charge reveals that global automakers are falling short in eliminating emissions, environmental harm, and human rights violations from their supply chains. Tesla ranked highest at 43%, but no company scored above 50%. The industry lags in decarbonizing steel and aluminum, highlighting the gap between policies and real-world implementation.
UK Steel on the Brink: Government’s £2.5B Rescue Plan
Reading Time : 2 minutesThe 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.
Ne Zha 2 : A Billion Dollar Wave in Chinese Cinema
Reading Time : 2 minutes “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.
K-Pop Stocks Surge in February
Reading Time : 2 minutesK-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.
Musk’s Bold Move : $97B Bid for OpenAI Control
Reading Time : 2 minutesTech 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.
TSMC : The Backbone of Global Tech
Reading Time : 2 minutesTSMC’s dominance in chip manufacturing has reshaped the tech industry. With costs of fabs skyrocketing, outsourcing to TSMC has become the norm, influencing global tech developments and geopolitical strategies alike.
Ackman’s Billion-Dollar Bet on Uber’s Future
Reading Time : 2 minutesBill 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.
Gold Rush: Bank of England’s Strategic Move
Reading Time : 2 minutesAmid 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.
UAE’s Massive AI Investment in France
Reading Time : 2 minutesUAE’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.