Samuel Nwite
AUTHOR: Samuel Nwite
U.S. CFTC Seeks to Erase Crypto Exchange, Gemini’s $5m Penalty
The U.S. Commodity Futures Trading Commission has moved to scrap a $5 million enforcement penalty against crypto exchange Gemini, marking one of the clearest...
ByteDance Reportedly Moves to Develop CPUs to Support Its AI Infrastructure Needs
Chinese technology giant ByteDance is moving deeper into the global artificial intelligence infrastructure race with plans to develop its own central processing units, Reuters...
NIO CEO Declares End of China’s Auto “Golden Era” as Fierce Competition and Market...
NIO CEO William Li has declared that China’s auto industry has moved past its “golden era,” citing prolonged weakness in domestic car sales, slowing...
Pentagon Awards Microsoft $9.7bn Deal In Bid To Cut Costs, Signaling New Era Of...
The U.S. Defense Department is consolidating billions of dollars' worth of fragmented software purchases into a single enterprise-wide agreement with Microsoft, a move that...
Treasury Yields Rebound, Gold Sinks to Two-Month Low as Iran Conflict Fuels Inflation Fears
U.S. Treasury yields edged higher on Thursday while gold tumbled deeper into a sharp correction, as renewed military escalation between the United States and...