China Tightens Rare Earth Export Controls Ahead of Trump-Xi Summit China announced new restrictions on Thursday that tighten its export controls on rare earth materials, targeting overseas defence companies and advanced semiconductor manufacturers. The move adds five rare earth elements to its export control list and imposes new licensing rules on foreign users of Chinese materials and equipment. Expanded Controls on Rare Earths and Technology The Ministry of Commerce said the latest measures aim to regulate the export of critical resources and technologies. In addition to the new restrictions, dozens of pieces of mining and refining equipment have been added…
Author: StratNewsGlobal Tech Team
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Tesla Unveils Lower-Priced Model Y in Bid to Reignite Sales and Market Share Tesla has launched a more affordable version of its best-selling Model Y SUV, starting at $39,990 in the United States, as the electric vehicle maker works to counter slowing sales and intensifying global competition. A Push Toward Affordability The lower-priced Model Y represents Tesla’s latest effort to make its vehicles more accessible. Chief Executive Elon Musk has long promised mass-market electric cars, though he scrapped plans last year for an all-new $25,000 model, as first reported by Reuters. “The desire to buy the car is very high…
Zhipu AI CEO: Artificial Superintelligence Could Surpass Humans in Some Areas by 2030 Artificial superintelligence (ASI) may become a reality as early as 2030, but its superiority over humans is likely to remain limited to specific areas, according to the head of one of China’s leading AI startups. The timeline for ASI remains a subject of debate within the industry. OpenAI CEO Sam Altman recently suggested it could arrive by the end of the decade, while SoftBank CEO Masayoshi Son predicted it might appear by 2035. A Complex and Unclear Concept Zhang Peng, CEO of Zhipu AI, said on Tuesday…
OpenAI, Oracle and SoftBank Announce Five New AI Data Centres for $500 Billion Stargate Project OpenAI, Oracle and SoftBank revealed plans on Tuesday to build five new artificial intelligence data centres in the United States as part of the $500 billion Stargate project. The initiative, first launched in January by President Donald Trump alongside leading tech executives, aims to create one of the world’s largest AI infrastructure networks. Expanding AI Infrastructure Across the US OpenAI, the maker of ChatGPT, said it will build three new data centres with Oracle in Shackelford County, Texas, Dona Ana County, New Mexico, and an…
Nuclear Power Growth Set to Slow Despite Record Output in 2024 Global nuclear power production reached an all-time high in 2024, yet this momentum may not last. According to the latest World Nuclear Industry Status Report, the sector now faces major hurdles including ageing infrastructure, insufficient investment, and project delays. The annual report, compiled by international research groups, outlines a challenging path ahead for nuclear energy. Despite growing global interest, especially in countries looking to reduce fossil fuel use, the nuclear industry is struggling to keep pace. The US, in particular, has stepped up efforts to promote nuclear energy through…
Oracle in Talks for $20 Billion AI Cloud Deal with Meta Oracle is reportedly in advanced discussions with Meta to establish a multi-year cloud computing agreement worth approximately $20 billion. A source familiar with the matter shared this development, highlighting Meta’s growing need for faster and more robust AI infrastructure. If finalised, the deal would see Oracle providing Meta with cloud computing power to support both the training and deployment of AI models. Meta already works with other cloud providers, but this new partnership suggests it is looking to expand its capacity significantly. While Meta declined to comment, Oracle has…
Microsoft Takes Down 340 Phishing Websites Linked to Raccoon0365 Microsoft has shut down nearly 340 websites connected to a fast-growing phishing subscription service, Raccoon0365. The service, based in Nigeria, enabled users to carry out widespread cyberattacks targeting Microsoft user credentials, according to the company. The US District Court in Manhattan granted Microsoft a court order to seize the domains. The move comes after Microsoft’s Digital Crimes Unit identified the operation, which used fake login pages to trick users into revealing sensitive account details. How Raccoon0365 Targeted Victims The phishing service was hosted on a private Telegram channel with over 850…
France Raises Alarm Over Growing Hostile Space Activity France’s top space military commander has issued a strong warning about the rising number of hostile activities in space. Major General Vincent Chusseau, head of French Space Command, said threats in orbit have increased sharply since Russia’s invasion of Ukraine in 2022. Russia and China Under Scrutiny In his first interview with global media since taking command, Chusseau highlighted Russia’s growing efforts to disrupt satellite operations. These include tactics such as signal jamming, laser interference, and cyberattacks. He described such activities as now being a routine part of space conflict. While Russia…
European Stocks Rise as Fed Cuts Rates, but SIG Shares Slide on Profit Warning European shares rose on Thursday, boosted by gains in technology stocks, after the US Federal Reserve cut interest rates for the first time since December. However, some companies, including SIG and Next, saw sharp declines after issuing downbeat outlooks. The pan-European STOXX 600 index climbed 0.67% to 554.32 points by 0822 GMT, with gains spread broadly across sectors. Technology stocks led the advance, rising 2.1% as the sector rebounded from losses of about 7% over July and August. Tech-linked shares in Asia also gained following the…
Ministry of Mines Prepares Special Campaign 5.0 with Strong Focus on E-Waste Management The Ministry of Mines is set to launch Special Campaign 5.0, placing a strong emphasis on the safe and responsible disposal of e-waste. This initiative aligns with the E-Waste Management Rules, 2022 issued by the Ministry of Environment, Forest and Climate Change (MoEFCC). The upcoming campaign builds on the achievements of Special Campaign 4.0, which ran from 2 October to 31 October 2024. During that period, the Ministry carried out 376 activities nationwide, clearing 165,119 sq. ft. of office space and generating revenue of over ₹1.1 crore…
