A senior fellow economist of the Heritage Foundation center and former economic advisor of President Donald Trump, Stephen Moore, recently came out with a statement regarding the repercussions tax hikes could have on the economy. Moore believes if Republicans agree to raise tax rates, the economy could face a ‘catastrophic’ bear market. He especially stressed…
Bitcoins Start Rising: Now an Asset of Major Importance The surge of Bitcoin’s value reflects a growing recognition of its potential as a major financial force. This surge in Bitcoin’s value is due to it directly surpassing the Alphabet (Google) company. A Change in the Markets: Bitcoin’s Price Without Connection to Tech As analysts cited,…
Local Administrations Capitalize on Illicit Crypto Via Private Companies China is struggling with an increasing volume of cryptocurrencies captured from illegal activities. As the trading of cryptocurrency remains outlawed in the country, local authorities are employing private firms to turn seized bitcoins and other digital currencies into fiat currency. This was revealed by a Reuters…
One startup that is rapidly rising to prominence is Zhipu AI, a Beijing-based unicorn hailing from Tsinghua University. Zhipu AI has recently announced their intention to IPO, offering them the ability to expand their portfolio and standing in the international AI market. China as a whole is seeing a fierce new age of AI-fueled competition…
Users transforming themselves into stylized dolls through AI technology is the latest trend taking over social media. The power of AI image generation platforms has fueled the ‘AI doll’ craze as people create digital avatars resembling collectibles. While this phenomenon serves as a source of entertainment and creative expression for users, brands simultaneously need to…
The region of Karnataka in India has partnered with the South American country of Chile to advance mutual interests in science, technology, and innovation. This collaboration came into being when the two governments signed a Letter of Intent (LoI) in Bengaluru during the Innovation Summit. Chile’s President Visits India: A High-Profile Meeting The Innovation Summit…
A significant part of the discussion surrounding AI revolves around the technology itself: its functions, its capabilities, its human replacement threat, etc. Still, this area of focus captures only part of the equation. The biggest potential disruption in the future of work might not be AI, but rather “AI natives,” the new professional subclass who…
The country’s renewable energy framework is about to receive a remarkable enhancement as Flow Power partners with Canadian Solar Inc. to execute Australia’s first-ever solar project that will utilize Canadian Solar’s hail-proof solar modules. This partnership is not only important for the advancement of solar infrastructure protection from extreme weather but is also pivotal towards…
The second day of Startup Mahakumbh showcased innovation zeal in the area of the Health and Bio-Tech Pavilion, featuring the implications of technology on the future. The Startup Mahakumbh event illustrated India’s ambition of becoming a world leader in innovation and technology-driven growth. The union minister for commerce and industry, Piyush Goyal, has stated that…
Taiwan is coordinating a response to the economic issue created by the Trump administration’s recent tariffs by convening a ‘Dream Team’ of Blast Analysts to tackle the problem. President Lai Ching-te convened a group of the island’s key technology industry leaders to help formulate a strategy in order to contain the damage. A Gathering of…
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