Major Investment Marks Binance’s First Institutional Backing Abu Dhabi-backed investment group MGX has invested $2 billion in Binance, deepening the relationship between the world’s largest cryptocurrency exchange and the United Arab Emirates (UAE). Announced on Wednesday, this marks Binance’s first institutional investment and one of the largest deals in crypto history. The investment, made in stablecoin—a type of cryptocurrency tied to fiat currencies like the US dollar—positions MGX as a minority shareholder in Binance. However, both companies declined to disclose the size of MGX’s stake or the specific stablecoin used in the deal. Binance Expands Presence in UAE Amid Legal…
Author: StratNewsGlobal Tech Team
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Manus: China’s New AI Tool Sparks Excitement A powerful new AI agent, Manus, is gaining attention in China, raising hopes that it could follow the success of DeepSeek—the advanced chatbot that shook the global tech industry earlier this year. Unlike traditional chatbots, Manus is designed to perform complex tasks autonomously, from stock market analysis to trip planning, according to its developers. Rapid Rise of Manus The new AI programme was launched last week by the Chinese startup Butterfly Effect. In a viral introduction video, co-founder Yichao “Peak” Ji described it as “the next paradigm of human-machine collaboration” and even hinted…
Beijing has placed boosting consumer spending at the forefront of its economic agenda for 2025, surpassing technology and industrial production in priority. Lawmakers in China are now focusing on correcting economic imbalances, as weak domestic demand threatens growth in the world’s second-largest economy. Special Action Plan to Stimulate Consumption Chinese Premier Li Qiang, in his annual parliamentary report, announced a “special action plan” to increase domestic consumption. The move aligns with the government’s target of around 5% economic growth for 2025. Until now, policymakers have been reluctant to introduce measures that directly put money in consumers’ hands. However, as China…
New JSAT-32 Satellite to Enhance Japan’s Telecommunications Network On March 10, in Cannes, SKY Perfect JSAT Corporation, Asia’s largest satellite operator, signed a contract with Thales Alenia Space to manufacture the JSAT-32 geostationary telecommunications satellite. This new satellite will enhance communications coverage over Japan and its surrounding seas. JSAT-32 will operate in both the Ka and Ku frequency bands, delivering improved mobility applications. It will also serve as a replacement for existing SKY Perfect JSAT satellites that currently provide communication and broadcasting services in Japan. Advanced Technology and Long-Term Reliability As the prime contractor, Thales Alenia Space will handle the…
Rare Celestial Event: Seven Planets Align in Stunning Astronomical Display A rare celestial event was captured at Chile’s Paranal Observatory, where seven planets appeared in a small section of the night sky. This extraordinary event, which occurs only once every 400 years, was observed by astronomers and space enthusiasts alike. According to Chilean astronomer Luis Chavarria Garrido, the alignment is an optical illusion caused by the planets’ orbital paths. While they appear in a straight line from Earth’s perspective, they remain widely separated in the solar system. “The planets are positioned in what appears to be a straight line in…
India’s AI Revolution Under Modi’s Leadership India is undergoing a remarkable transformation in artificial intelligence (AI), driven by Prime Minister Narendra Modi’s vision. For the first time, the government is actively shaping India’s AI Revolution, an AI ecosystem that provides affordable access to computing power, GPUs, and research opportunities. https://youtu.be/URyZlz0mL34?si=CO6qGNsRGrYqnTcN Unlike in the past, AI is no longer limited to a privileged few or dominated by global tech giants. The Modi government’s forward-looking policies are empowering students, startups, and innovators with world-class AI infrastructure, creating a level playing field. Initiatives such as the IndiaAI Mission and Centres of Excellence (CoE)…
Advancements in AI, Manufacturing, and Biotechnology The IInvenTiv 2025 event at IIT Madras showcased groundbreaking technological innovations from India’s top technical institutes. The exhibition highlighted research in AI, additive manufacturing, defence, healthcare, and sustainable development, aiming to bridge the gap between laboratory research and real-world applications. https://youtu.be/3i5T2lpehZY AI and robotics featured prominently, with IIT Madras unveiling RoBuoy, an autonomous underwater glider, and a multimodal robotic platform with advanced grasping and walking capabilities. IIT Kanpur introduced a quadcopter drone with AI-driven precision handling for industrial and defence use. Additionally, IIT Gandhinagar’s Lingo Lab presented Ganga, a ChatGPT-style AI model designed for…
Privacy Watchdog Probes Social Media Platforms The UK Information Commissioner’s Office (ICO) has launched an investigation into TikTok, Reddit, and Imgur to assess how they protect children’s privacy. The probe focuses on how these platforms handle young users’ personal data and whether they comply with UK data protection laws. Social media platforms use complex algorithms to prioritise content and keep users engaged. However, concerns have been raised that these systems can expose children to harmful material, leading to increased scrutiny of their privacy practices. TikTok Under Review for Content Recommendations The ICO is specifically examining how TikTok, owned by China’s…
Trump’s Statement Sparks Crypto Rally Bitcoin surged more than 20% from last week’s lows on Monday after US President Donald Trump revealed that his executive order on digital assets would establish a strategic reserve including Bitcoin, ether, XRP, solana, and cardano. Trump made the announcement on Truth Social on Sunday, sending crypto markets into a strong upward trend. Trump confirmed that Bitcoin and ether would be the core assets of this reserve, marking a shift in sentiment after weeks of price declines due to concerns over crypto regulations. Bitcoin and Altcoins Surge in Response Following Trump’s announcement, Bitcoin rose sharply,…
UK and US Announce AI-Focused Economic Deal as Starmer Tours Palantir British Prime Minister Keir Starmer toured Palantir Technologies in Washington, D.C., on Thursday (February 27) after announcing a new UK-US economic agreement with artificial intelligence (AI) at its core. Strengthening UK-US Economic Ties During a joint press conference at the White House, Starmer and US President Donald Trump emphasised the deal’s potential to enhance the already strong trading relationship between the two nations. Standing alongside Starmer, Trump suggested that the outlines of a broader trade agreement between the UK and the US could be reached “very shortly.” AI and…