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Get your house in order, Europe — or face ‘ongoing decline,’ economists warn

January 2, 2025 by admin

Economists say the absence of growth, fiscal imbalances and political intransigence could lead to decline and a loss of standing for Europe as a whole.

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Alibaba slashes prices on large language models by up to 85% as China AI rivalry heats up

December 31, 2024 by admin

Alibaba is offering the price cuts on its visual language model, Qwen-VL, which is designed to perceive and understand both texts and images.

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The boldest bitcoin predictions for 2025 are in — and most see prices doubling to $200,000

December 31, 2024 by admin

Several industry watchers who spoke to CNBC forecast bitcoin will hit $200,000 in 2025.

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Ransomware is 35 years old and now a billion-dollar problem. Here’s how it could evolve

December 30, 2024 by admin

Ransomware officially turned 35 in December. The technology has come a long way in that time.

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Why tech giants such as Microsoft, Amazon, Google and Meta are betting big on nuclear power

December 28, 2024 by admin

Tech’s biggest companies are turning to nuclear power for their efficiency and sustainability goals and to meet massive energy demands.

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Google CEO Pichai tells employees to gear up for big 2025: ‘The stakes are high’

December 28, 2024 by admin

In a meeting with employees, Google CEO Sundar Pichai set the stage for 2025, and the expected increase in competition, regulatory hurdles and AI advancements.

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South Korea impeaches acting President Han Duck-soo, deepening political turmoil

December 27, 2024 by admin

Han’s predecessor, President Yoon Suk Yeol, was impeached a mere two weeks prior.

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Nvidia sees ‘remarkable’ influx of retail investor dollars as traders flock to AI darling

December 26, 2024 by admin

Everyday traders bought nearly $30 billion of Nvidia shares on net this year, Vanda data shows.

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Nissan could face cost-cutting ‘carnage’ in Honda merger, Carlos Ghosn says

December 24, 2024 by admin

“There is practically no complementarity here,” the former Nissan CEO told CNBC.

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Honda shares set for best day in more than 16 years on share buyback plan, Nissan deal

December 24, 2024 by admin

Shares of Japanese automaker Honda surged over 15% following its announcement to buy back up to 1.1 trillion yen ($7 billion) of its shares.

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