Chinese chipmakers aim to triple their production of chips for artificial intelligence (AI) applications in the country next year, according to the British business newspaper Financial Times, citing insiders. This is China’s way of reducing its dependence on the American chipmaker Nvidia. According to the newspaper, Huawei plans to begin production at a factory dedicated […]
Cryptocurrency ether has surpassed $4,000 for the first time since December and appears poised to continue its upward trend. The world’s second-largest digital currency’s price is being fueled by growing demand from companies accumulating the token on their balance sheets. On Sunday, ether was trading around $4,200. This makes ether almost three times its value […]
ChatGPT users send over 2.5 billion prompts to the chatbot daily, with 330 million of these entered by Americans. OpenAI shared the figures with the American news outlet Axios. The company further states that ChatGPT has over 500 million weekly active users, who primarily use the free version. The numbers illustrate the enormous growth of […]
Why Every UK Business Starts at the Civil National Business Centre Behind every successful UK business lies one critical step: legal registration. And for that, entrepreneurs turn to the Civil National Business Centre—the official channel for starting a business the right way. This Centre isn’t just a formality. It ensures businesses are recognised by law, […]
The United States is considering imposing restrictions on the export of advanced AI chips to Malaysia and Thailand, arguing that the countries are funnelling chips to China, which has long been subject to export restrictions. Bloomberg reports this based on anonymous sources. The sources report that the US government is working on a plan to […]
Baggage handlers at several British airports are being given a bonus every time they catch an EasyJet passenger with an oversized bag, according to leaked emails. “For every oversized bag found, you will be eligible for a £1.20 – £1 bonus,” according to an email from baggage handler Swissport obtained by the Jersey Evening Post. […]
Apple is appealing a fine of 500 million euros imposed by the European Commission in April. The American tech company was fined because it is pushing to offer apps only in its app store. According to the Commission, Apple violates the Digital Markets Act. “We have filed an appeal today because we believe the European […]
The BRICS countries, including China, Brazil, Russia, South Africa and India, do not want a confrontation with US President Donald Trump on trade. This was stated by a spokesperson for the Chinese Ministry of Foreign Affairs after Trump’s threat to impose an additional import duty of 10 percent on countries that join the BRICS’ “anti-American […]
Shell performed weaker in the second quarter in oil and gas trading than in the first three months of this year, partly due to the unrest on the oil market regarding the import duties announced by American President Donald Trump. According to Shell, the trading results for the past period will be considerably lower than […]
Oil prices dropped on Monday after OPEC+ announced an increase in production. The oil cartel will increase production by 548,000 barrels per day in August. That is more than was expected on the oil market. The price of a barrel of American oil (159 litres) dropped by more than 1 per cent in Singapore to […]
