Bitcoin Slides To Two Month Low As Fed Chair Speculation Weighs On Crypto Markets Bitcoin slid to a two month low on Friday January 30 as growing speculation over the next chair of the United States Federal Reserve unsettled cryptocurrency markets and strengthened the dollar. Investors reacted nervously to the possibility of tighter financial conditions, which traditionally reduce appetite for risk heavy assets such as digital currencies. Although many market participants once expected a favourable period for cryptocurrencies under President Donald Trump, recent price action has challenged that optimism. Instead, digital assets have faced persistent pressure, with sentiment turning cautious…
Author: Kanika Sharma
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Business leaders in Davos brush off AI job fears amid optimism Freezing temperatures, geopolitical unease and lingering doubts over artificial intelligence failed to dampen enthusiasm among business leaders at the World Economic Forum’s annual meeting in Davos. Executives gathering in the Swiss mountain resort repeatedly argued that technology, and AI in particular, would create more jobs than it destroys. Senior figures acknowledged that some roles would disappear. However, they stressed that new positions would emerge across industries. Two executives told Reuters that some companies were already planning layoffs and were using AI as a convenient justification. Tech leaders tout job…
Elon Musk Makes Surprise Davos Debut with Ambitious Tesla Targets and Critique of U.S. Solar Tariffs Elon Musk made a surprise appearance at the World Economic Forum in Davos on Thursday, marking his first participation in the annual gathering after years of dismissing it as elitist and detached from everyday concerns. The Tesla and SpaceX chief used the platform to outline bold new goals for his companies, including plans to begin selling humanoid robots next year, while also criticising U.S. solar tariffs and highlighting Europe’s imminent approval for Tesla’s self-driving technology. Musk Challenges U.S. Energy Policy In a conversation with…
Blue Origin to Launch 5,400-Satellite Network for Enterprise Data Connectivity Jeff Bezos’ space company, Blue Origin, has unveiled plans to deploy 5,408 satellites to form a high-capacity communications network serving data centres, governments and businesses. The ambitious project, called TeraWave, will place the company in direct competition with Elon Musk’s SpaceX, whose Starlink system currently dominates the satellite communications market. TeraWave Targets Enterprise and Government Clients Blue Origin announced that satellite deployment will begin in the final quarter of 2027. The TeraWave network is expected to deliver data speeds of up to 6 terabits per second (Tbps) anywhere on Earth,…
Canadian Court Overturns Government Order to Close TikTok Operations Canada’s federal court has overturned a government directive that sought to shut down TikTok’s operations in the country, allowing the popular short-video platform to continue functioning while the case undergoes a new review. Court Sends Case Back for Review The decision, issued on Wednesday by federal judge Russel Zinn, sets aside a November 2024 order from the industry ministry that required TikTok’s Canadian business to be dissolved over national security concerns. Judge Zinn did not provide written reasons for his ruling but instructed Industry Minister Melanie Joly to reassess the matter.…
New Imaging Technology Reveals Hidden Love Notes and Gladiator Scenes in Pompeii Archaeologists in Pompeii have uncovered nearly 80 previously unseen inscriptions—including a love note, a gladiatorial combat sketch and an array of insults and personal confessions—thanks to cutting-edge imaging technology that exposes faint marks invisible to the naked eye. The discoveries were made on the plaster walls of a long corridor linking Pompeii’s ancient theatres to the bustling Via Stabiana. Although this area was excavated more than two centuries ago, researchers believed it had already been fully documented. The new findings, however, show that the city still holds many…
UK Prime Minister Calls for Stronger Safeguards for Children on Social Media British Prime Minister Keir Starmer has urged stronger protections for children on social media, following a global scandal involving Elon Musk’s Grok AI chatbot, which was found to have generated non-consensual sexual images. Starmer Says ‘No Options Are Off the Table’ Speaking to reporters in London on Monday, Starmer said the government was reviewing new measures to prevent online harm and exploitation. “We need to do more to protect children, and that’s why we’re looking at a range of options, and saying no options are off the table,”…
Google Unveils Major Gmail Upgrades, Giving Users Big Choices Ahead Google has announced two major updates to Gmail, marking one of the platform’s most significant overhauls in more than two decades. The changes will affect over two billion users worldwide, offering both new tools powered by artificial intelligence and greater flexibility with personal email addresses. AI Features Now Free for All Gmail Users The first change centres on the expansion of Gmail’s AI capabilities. Previously reserved for paid subscribers, tools such as AI Overviews, Help Me Write and Suggested Replies will now become available to all users at no cost.…
South Korea and Italy Strengthen Ties with New Agreements on AI, Chips and Minerals South Korean President Lee Jae Myung and Italian Prime Minister Giorgia Meloni have agreed to deepen bilateral cooperation in advanced technologies, including artificial intelligence, semiconductors, aerospace, and critical minerals. The agreement was announced following summit talks in Seoul, where Meloni is on a state visit. According to a statement from the presidential Blue House, the two leaders signed a memorandum of understanding (MoU) to strengthen collaboration in the semiconductor industry, with particular focus on integrating AI-related technologies. The accord reflects both nations’ shared commitment to enhancing…
NASA Moves Artemis II Rocket to Launchpad for Final Tests NASA has begun the final phase of preparations for its historic Artemis II mission, rolling the massive Space Launch System (SLS) rocket to its launchpad in Florida. The mission aims to send four astronauts around the Moon and back, marking the first crewed lunar journey in over five decades. Countdown to a Crewed Lunar Flight The Artemis II mission will carry three American astronauts and one Canadian astronaut on a flight designed to test systems essential for future lunar landings. The current target launch date is 6 February, although this…