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Новости за 12.05.2024



Crypto group with 440,000 members launches PAC to target House, Senate elections

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NEW YORK : A cryptocurrency nonprofit has launched a new political action committee (PAC) to raise money from its 440,000 members for crypto-friendly politicians, and is endorsing a bipartisan slate of candidates running in the House of Representatives and the Senate.Stand With Crypto's PAC joins a deep-p

French, US drug firms team up for COVID-flu shot

BigNewsNetwork.com 

PARIS: French pharmaceutical giant Sanofi and struggling US rival Novavax announced on Friday (May 10) an alliance to sell a COVID-19 vaccine and develop another that combines with a flu shot. Under a licensing deal worth up to US$1.2 billion, the companies will co-commercialise Novavax's COVID-19 vaccine

Govt panel members urge BOJ vigilance on weak yen's impact on demand

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TOKYO: Private-sector members of a key government panel on Friday (May 10) urged the Bank of Japan to be vigilant to the risk of sharp declines in the yen currency triggering "excessive" price rises that hurt private demand. Despite some positive signs in corporate earnings, stock prices and wages, consump

Binance registers with India's financial watchdog as it seeks to resume operations

BigNewsNetwork.com 

MUMBAI : Binance, the world's largest cryptocurrency exchange, has registered with India's Financial Intelligence Unit (FIU), a senior FIU official said on Friday, as the exchange seeks to resume operations in the country.The exchange was barred from operating in India in December for non-compliance with

Downside risks for Pakistan remain exceptionally high, says IMF

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KARACHI, Pakistan : Downside risks for the Pakistani economy remain exceptionally high, the International Monetary Fund (IMF) said on Friday, in its staff report on the country, ahead of talks with the fund on a longer term progamme.An International Monetary Fund mission is expected to visit Pakistan this

Global stocks rally, Europe at record highs, dollar gains

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NEW YORK-LONDON :A gauge of global equity markets neared a record high on Friday in anticipation of central bank interest rate cuts and strong corporate earnings, while the dollar rose despite signs of slowing U.S. economic growth.European shares posted their biggest weekly gain since late January, with the p

Musk's Starlink satellites disrupted by major solar storm

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:Starlink, the satellite arm of Elon Musk's SpaceX, warned on Saturday of a "degraded service" as the Earth is battered by the biggest geomagnetic storm due to solar activity in two decades. Starlink owns around 60 per cent of the roughly 7,500 satellites orbiting Earth and is a dominant player in satellite i

After layoffs, Musk says Tesla to spend $500 million on charging network

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:Tesla will spend more than $500 million this year to expand its fast-charging network, CEO Elon Musk said on Friday, days after abruptly laying off employees who were running the business."Just to reiterate: Tesla will spend well over $500M expanding our Supercharger network to create thousands of NEW charge

China's consumer prices rise for third month, factory deflation persists

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BEIJING: China's consumer prices rose in April for a third straight month, while producer prices extended declines, suggesting resilient domestic demand, despite a shaky economic recovery. The closely watched numbers follow official surveys showing cooling factory and services activity, as concerns rise ab

Microsoft hit with $242 million US verdict in Cortana patent lawsuit

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Microsoft must pay patent owner IPA Technologies $242 million, a federal jury in Delaware said on Friday after determining that Microsoft's Cortana virtual-assistant software infringed an IPA patent.The jury agreed with IPA after a week-long trial that Microsoft's voice-recognition technology violates IPA

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Musk sees fourth flight of SpaceX's Starship in 3-5 weeks

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:SpaceX's Starship rocket, a futuristic vehicle designed to eventually carry astronauts to the moon and beyond, will probably have its fourth flight in 3-5 weeks, the company's Chief Executive Elon Musk said in a post on social media platform X on Saturday. "Objective is for the ship to get past max heatin

Chinese companies win licensing bids to explore Iraq oil and gas fields

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BAGHDAD: Chinese companies won bids to explore five Iraqi oil and gas fields on Saturday (May 11) in a licensing round for hydrocarbon exploration that was primarily aimed at ramping up gas production for domestic use. An Iraqi Kurdish company also took two of the 29 projects up for grabs in the three-day

Arm Holdings plans to launch AI chips in 2025, Nikkei reports

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:SoftBank Group's Arm Holdings plans to develop artificial-intelligence (AI) chips, seeking to launch the first products in 2025, Nikkei Asia reported on Sunday. UK-based Arm will set up an AI chip division and aim to build a prototype by spring 2025, the report said. Mass production will be handled by contra

South Korea prepares support package worth over $7 billion for chip industry

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SEOUL : South Korea is readying plans for a support package for chip investments and research worth more than 10 trillion won ($7.30 billion), the finance minister said on Sunday, after setting its sights on winning a "war" in the semiconductor industry.Finance Minister Choi Sang-mok said the government w

Apple's Maryland store workers vote to authorize strike

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:Workers at Apple's store in Towson, Maryland, have voted in favor of authorizing a strike, the International Association of Machinists and Aerospace Workers (AIM) said in a statement late on Saturday. The date for work stoppage has yet to be decided, according to the union, which represents Apple's retail st


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