Tesla is challenging the European Union in court over the tariffs imposed on its Chinese electric vehicles despite getting the lowest rates of any automaker. Last summer, the European Commission revealed new tariff rates on Chinese EVs imported into the continent. The logic behind the tariffs was that the EU sees China as subsidizing electric vehicle production and exports, resulting in the EVs…
Kia’s versatile crossover is facing a significant recall. Over 80,000 Kia Niro EV, plug-in hybrid (PHEV), and hybrid models are being recalled over seat belts and airbags that could potentially malfunction. Here’s what you need to know and how you can get the fix.
Kia…
Ripple CEO Calls for National Crypto Reserve Beyond BTC and XRP
January 29, 2025
Ripple’s CEO championed collaboration over crypto maximalism, pushing for a multichain reserve featuring BTC, XRP, and others while rejecting division as progress’s enemy.
Ripple CEO Advocates for Multichain Representation in Government Crypto Reserves
Ripple CEO Brad…
Ripple’s latest licensing wins in New York and Texas solidify its position in blockchain-powered payments, enabling compliant, real-time cross-border solutions for growing institutional demand.
Ripple Secures Key Licenses to Strengthen Cross-Border Payments
Ripple has entered 2025 with a strong push to expand its cross-border solutions capabilities, securing Money Transmitter Licenses (MTLs) in…
Australian Monochrome Asset Management Files for Litecoin ETF
January 29, 2025
Monochrome Asset Management, an Australian investment firm, has officially filed for a spot Litecoin (LTC) exchange-traded fund (ETF) with Cboe Australia. If approved, this would mark the first spot Litecoin ETF in the country, expanding institutional investment…
Block: Jack Dorsey Launches Goose - Open-Source AI Framework
January 29, 2025
The bird-themed social network Twitter’s identity may have been X-ed out by new owner Elon Musk, but that isn’t stopped one of its co-founders, Jack Dorsey, from taking on new bird names for a new project.
Dorsey’s other company Block, the parent of point-of-sale…
Alibaba Cloud unveiled its Qwen2.5-Max model today, marking the second major artificial intelligence breakthrough from China in less than a week that has rattled U.S. technology markets and intensified concerns about America’s eroding AI leadership.
The new model outperforms DeepSeek’s R1 model, which sent Nvidia’s stock plunging 17% on Monday, in several key benchmarks including Arena-Hard…
AI chat firm GameOn couple arrested for defrauding investors of over $60M to finance wedding and more
January 29, 2025
Authorities yesterday arrested GameOn Technology founder Alexander Charles Beckman and attorney Valerie Lau Beckman (a married couple) for allegedly defrauding investors of $60 million.
In a 25-count indictment, the U.S. Department of Justice said the couple allegedly…
Researchers at Sakana AI, an AI research lab focusing on nature-inspired algorithms, have developed a self-adaptive language model that can learn new tasks without the need for fine-tuning. Called Transformer² (Transformer-squared), the model uses mathematical tricks to…
President Donald Trump unveiled an ambitious plan to reshape America’s artificial intelligence landscape this week, coupling a massive $500 billion private-sector initiative with sweeping executive actions that strip away regulatory barriers — while simultaneously sparking controversy over both funding claims and environmental concerns.
The centerpiece of Trump’s AI strategy, dubbed…
