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European countries need to reduce their “dual dependencies” on the US and China, Emmanuel Macron has warned, as he sketched out his vision of an empowered “wider Europe” on the first day of a historic state visit. The French president addressed several hundred MPs and guests at the start of a three-day state trip –…
(Bloomberg) — SpaceX is discussing plans to raise money and sell insider shares in a deal that would value Elon Musk’s rocket and satellite maker around $400 billion, people familiar with the matter said. Most Read from Bloomberg The valuation would mark a significant premium to the $350 billion high-mark set during SpaceX’s share buyback…
Two 8-year-old sisters from Dallas who had just completed second grade. A beloved soccer coach and teacher. An Alabama elementary school student away from home. These are a few of the dozens of victims lost in devastating flash floods in Central Texas. The flooding from the fast-moving waters of the Guadalupe River on Friday, July 4,…
Hong Kong police have arrested a 13-year-old boy on suspicion of drug trafficking after uncovering a narcotics cache worth about HK$530,000 (US$67,520) hidden inside his Mong Kok home. Officers from Wong Tai Sin district’s anti-triad unit raided a flat on Pak Po Street on Monday, seizing about 1kg (2.2lbs) of suspected crystal meth “ice”. Police…
China has recently emerged as the global leader in EV technology, leaving the US struggling to keep pace as Chinese EVs become cheaper and better. While American automakers like Tesla were instrumental in popularizing EVs in the West, Chinese brands are rapidly outpacing them in scale, speed, and innovation. This growing divide isn’t just about…
(Reuters) -Ukrainian President Volodymyr Zelenskiy said on Tuesday he ordered an expansion of contacts with the United States to ensure critical deliveries of military supplies, primarily air defence. Zelenskiy issued his call a day after U.S. President Donald Trump said Washington would send more weapons to Ukraine, mainly defensive ones, to help the country defend…
The Treasury Department has levied sanctions against a North Korean cyber operative and notorious member of Kim Jong Un’s military intelligence agency, formally known as the “Reconnaissance General Bureau.” The U.S. has accused Song Kum Hyok of facilitating an IT worker scheme and charges that the member of the “Andariel” hacking group recruited North Korean…
Computer chips embedded in human brains are a recurring feature in science-fiction stories, but the real-world equivalent of this technology has already arrived. Neuralink made headlines in early 2024 for placing a brain-computer interface (BCI) into a paralyzed man which allowed him to, among other things, play video games using just his thoughts. Neuralink, which…
Shares of Intel (INTC 7.64%) are spiking on Tuesday, up 6.4% as of 1:13 p.m. ET. The move comes as the S&P 500 (^GSPC -0.05%) and the Nasdaq Composite (^IXIC 0.10%) were relatively flat. Intel began laying off employees from one of its operational hubs in Oregon as part of its major cost-cutting efforts. Intel…
Real estate investors are snapping up a bigger share of U.S. homes on the market as rising prices and stubbornly high borrowing costs freeze out many other would-be homebuyers. Nearly 27% of all homes sold in the first three months of the year were bought by investors — the highest share in at least five…