Month: May 2025
USA-EU trade negotiations
Trump backed away from imposing the levies on EU imports from June 1 after a call with European Commission President Ursula von der Leyen, restoring a July 9 deadline to allow talks between the U.S. and the 27-nation union to produce a deal.The EU is pushing for a mutually beneficial deal that could include both
SpaceX launch of starship
After the rocket failed to reach its desired orbit, debris from the explosion was seen raining down over the Caribbean. SpaceX crews are preparing for the 9th test launch of its Starship spacecraft and Super Heavy rocket. The next Starship launch is planned for Tuesday at 7:30 p.m. from the company’s “Starbase” location in Texas.The
Apple to be made in US
Trump and his allies have been pushing for Apple to bring iPhone manufacturing stateside, but Friday’s threat felt less like a strategic move and more like targeted punishment. Apple had just narrowly avoided a 145% China-related tariff in April, and now it’s facing a new one.Now, it appears Trump is demanding that Cook, who personally
quantum computers could soon crack RSA encryption
Google has reignited debate over the future of digital security, revealing that the hardware needed to break widely used encryption could be closer than previously thought.For now, the million-qubit quantum computer remains a goal rather than a reality. However, the pace of progress in the field means the transition to quantum-resistant security measures can no
Elon Musk, Jeff Bezos rivals for dominance in Satellites, Trucks and other areas
SpaceX and Amazon are both in the broadband satellite business, with Musk’s space company doing so through Starlink and the Bezos-founded tech giant via its Project Kuiper. Starlink’s impressive constellation includes thousands of satellites. The internet that they help facilitate is available in many places around the world.Tesla, the electric vehicle (EV) maker that Musk
Bitcoin hits a new all-time high
In the derivatives markets, BTC’s open interest rate on perpetual-swap is at $34.9 billion. Futures-contract open interest for BTC is standing at $2.2 billion. On the other hand, Bitcoin exchange-traded funds or ETFs have seen massive inflows of +607.10 million yesterday. A total of $530.6 million went into BlackRock’s iShares Bitcoin Trust (IBIT).While people in
Amazon Prime Air drone delivery servcie
The MK30 drones are programmed to scan for a safe landing spot like a yard or open space near your home. They hover at a height of about 13 feet and gently drop the package. Previously, drones relied on QR codes to find delivery spots, but now the onboard system intelligently detects where to release
Trump wants Android phones made in the USA
President Trump announced that he would impose sweeping tariffs on smartphone manufacturers to encourage them to make phones in the United States. First, in a social media post earlier on Friday, he said these tariffs would apply specifically to Apple at a rate of 25%. However, during a White House briefing later, he said similar
Alibaba unveils global cloud network plan
Alibaba CEO Eddie Wu has announced plans to build a global cloud network following the company’s commitment of over 380 billion yuan (approximately $52.7 billion) to enhance computing and AI infrastructure in China.Presently, the Alibaba Cloud service operates across 87 zones, with the service cutting across 29 regions. It offers 394 cloud computing and AI
X suffers major outage
Elon bought X in 2022, back when it was still called Twitter. Since then, the site’s had multiple blackouts, and every one of them adds fuel to the criticism about how it’s being run. This latest breakdown landed while Elon was busy with more than just tech.Tens of thousands of users were thrown off X,