Articles Results for: Sink
Nvidia Shares Sink As Chinese DeepSeek AI Shakes Industry
The US tech giant Nvidia has lost over a sixth of its value after DeepSeek, a Chinese artificial intelligence (AI) app, spooked investors in the US and Europe. DeepSeek, a…
Tariff Tension: US and China agreed to slash tariff for 90 days
Global tension eases a bit this week as the US president, Donald Trump and China president, Xi Jinping agreed to lower their reciprocal tariff by 115% for a 90 days…
US and China has agreed to slash tariffs for 90 days
The United States and China slashed tariffs or taxes that both sides have imposed on one another for a 90-day period after agreeing on a deal. US Treasury Secretary, Scott…
Spain-Portugal Power Outage Ends as DHL Resumes High-Value US Shipments
DHL US shipments return marks a significant change in global logistics as the company resumes high-value deliveries to the United States. After a brief suspension, DHL US shipments return has…
Meta launches a standalone AI app to compete with OpenAI and Google
Meta, Facebook parent company, on Tuesday launched a standalone app for its Meta AI assistant, similar to those offered by Microsoft-backed OpenAI and Alphabet’s Google. The Meta standalone app comes…
Nvidia $5.5 billion hit as US tighten chip export tariff to China
Computer chip giant, Nvidia says it will be hit with a $5.5 billion in cost after the U.S. government tightened export rules to China with fresh tariff restrictions on the…
South Korea Blocks DeepSeek AI App Over Data Concerns
According to South Korean officials on Monday, DeepSeek AI, a Chinese artificial intelligence startup, temporarily blocks downloads of its chatbot apps in South Korea pending a review of its handling…
Elon Musk Leads Group To Buy OpenAI for $97.4bn
A consortium led by Elon Musk said on Monday it has offered $97.4 billion to buy the nonprofit that controls OpenAI, markig a new front in his war with the…
I Have No Plans To Acquire TikTok’s US Operations - Elon Musk
Tesla CEO and the top advisor to the US President, Elon Musk, has said he has no interest in acquiring TikTok’s operations in the United States. “I’ve not put in…
A Week to Remember in Business, Entertainment and Politics
This week has been nothing short of electrifying in the entertainment industry, as history and new records were being set at the 67th edition of the Grammy Awards! The 2025…