Former President Donald Trump recently made headlines at the Bitcoin Conference in Nashville by pledging to maintain the current level of bitcoin holdings that the U.S. government has acquired, rather than establishing an official U.S. bitcoin strategic reserve currency. This decision marks a departure from the traditional approach of selling off seized assets from financial
Enterprise
Former President Donald Trump’s appearance as the main speaker at the biggest bitcoin conference in Nashville marks a significant shift in his stance towards cryptocurrencies. After previously dismissing bitcoin as a “scam” and expressing his preference for the dollar as the global currency, Trump is now actively engaging with the crypto community. This change in
SK Hynix recently announced its plan to invest 9.4 trillion Korean won ($6.8 billion) in building a new semiconductor manufacturing plant in South Korea. The fabrication plant, also known as a fab, will be located in South Korea’s Yongin Semiconductor Cluster. This area is situated just south of the country’s capital, Seoul, and is part
Apple, known for its innovative products and loyal customer base, has recently faced a setback in the Chinese smartphone market. According to a recent Canalys report, Apple has been edged out of the top five smartphone vendors’ list in China in the second quarter. This decline can be attributed to the increased competition from domestic
SK Hynix, a global leader in memory chip manufacturing, announced its second-quarter profits, reaching the highest level in six years. The company’s revenue amounted to 16.42 trillion Korean won, surpassing expectations, with an operating profit of 5.47 trillion Korean won. This remarkable performance was attributed to the growing demand for advanced memory chips essential for
In a recent informal poll posted on social media platform X, Tesla CEO Elon Musk asked whether his company should invest $5 billion into his latest venture, xAI. This query came shortly after Tesla’s second-quarter earnings call, during which the company fell short of analysts’ expectations yet again. Following the earnings call, Tesla’s stock saw
Wiz’s decision to walk away from Google’s $23 billion acquisition deal was motivated by concerns over antitrust issues and investor preferences. Co-founder Assaf Rappaport mentioned in a memo that the company would pursue an IPO and focus on achieving $1 billion in annual revenue, which were targets set before the acquisition talks. The rejection of
Artificial intelligence has been a significant area of technological advancement in recent years, with AI-powered agents making waves in various industries. According to a report by technology services giant Capgemini, AI agents are expected to collaborate and work together in a “multi-agent AI” system by 2025. This development marks a major shift in the capabilities
The recent global IT outage caused by a botched software update from CrowdStrike has shed light on the fragile nature of cybersecurity in the modern world. What initially seemed like a cyberterrorist attack turned out to be a content update gone wrong, resulting in widespread disruptions across various industries. This incident prompts a critical examination
The frequency of large-scale attacks on corporate enterprise IT is on the rise, but alongside these malicious attacks, a less talked about threat is gaining attention: the single-point failure. This type of tech threat results from errors in one part of a system that can lead to a technical disaster affecting industries, functions, and interconnected