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Kanye West YZY memecoin hits $3B
YZY rocketed to a $3B market cap minutes after launch, then fell amid concerns over insider control and liquidity mechanics, even as traders piled in for short-term plays.
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neuralink will help blind people see again within the next year
Elon Musk announces Neuralink’s progress on vision-restoring brain implants, aiming to help blind individuals.
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US egg prices hit a record high of $4.95
Egg prices have reached a record high in the U.S. due to an ongoing bird flu outbreak. The latest consumer price index indicates that the average cost of a dozen Grade A eggs in U.S. cities hit $4.95
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Toyota Launches Experimental City in Japan
Toyota opens the first phase of its experimental Woven City, a living testbed for autonomous technologies and smart living.
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JPMorgan CEO says Argentina may not need bank loan
JPMorgan CEO Jamie Dimon expressed optimism about Argentina’s economic turnaround under President Javier Milei and noted that the country might not need a new bank loan
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Netflix loses $15B after Musk urges cancellations
Netflix shares tumble as Elon Musk’s call to cancel subscriptions sparks a $15B market loss.
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Trump Announces 25% Tariffs on Steel and Aluminum Imports, Markets React
President Donald Trump announced that the United States will impose a 25% tariff on all steel and aluminum imports, including those from Canada and Mexico, with additional import duties expected later in the week.
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Amazon Rebuilt Alexa with Generative AI
Amazon has rebuilt Alexa using generative AI, creating an architecture that enables customers to quickly and seamlessly connect with services they use daily.
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Apple Enters the AI Data Center Race
In a significant strategic shift, Apple Inc. has embarked on a $1 billion investment to enhance its artificial intelligence (AI) capabilities, marking its entry into the AI data center arena.
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AMD challenges nvidia with new ai chips backed by openai
Advanced Micro Devices (AMD) has introduced a new artificial intelligence server aimed at rivaling Nvidia’s top-tier offerings.
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Bending Spoons to Buy Vimeo for $1.38B
Vimeo will be acquired by Bending Spoons in a $1.38 billion deal, marking a major shift for the video platform as it returns to private ownership.
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US Dollar Drops 10% Since Trump Took Office
The U.S. Dollar Index has slipped from 109.29 on Trump’s inauguration day, January 20, to 98.07 as of Thursday a decline of roughly 10%.
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Tik tok says reports of possible sale to elon musk are 'pure fiction'
TikTok has denied a report suggesting that China is considering facilitating a sale of the app to tech billionaire Elon Musk in order to keep it operational in the U.S. amid potential government action.
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Mercedes-Benz Implements Cost-Cutting Strategy
German luxury carmaker Mercedes-Benz has announced a sweeping cost-cutting plan in response to dwindling sales and profit margins, forecasting a significant drop in earnings for 2025. The company aims to navigate an increasingly competitive market landscape, particularly in China and Europe, where demand has softened.
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Warren Buffett Prepares His Middle Child for a Lifetime Role
Warren Buffett’s middle child, Howard “Howie” Buffett, is preparing to step into the significant role of non-executive chairman at Berkshire Hathaway
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Amazon Now Has 1 Million Robots in Its Warehouses
Amazon now operates 1 million robots across its global warehouses, edging closer to replacing human roles with AI and automation.
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OpenAI Surpasses 400 Million Weekly Active Users
OpenAI, the company behind ChatGPT, has reached a new milestone, surpassing 400 million weekly active users in February. A company spokesperson confirmed the figures to Reuters on Thursday, highlighting the exponential growth in global adoption of artificial intelligence tools.
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Trump Announces 'Total Reset' in U.S.-China
U.S. President Donald Trump has announced what he described as “great progress” and a “total reset”
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The Memecoin That Earned Trump $12 Billion in Two Days
Although Trump and his entities cannot immediately sell all the tokens of the "Official Trump" memecoin (subject to a three-year unlocking schedule), the nominal value of the assets has already reached $12 billion.
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UAE became the first country to use AI to write laws
The United Arab Emirates is planning to utilize artificial intelligence (AI) to help draft new legislation and revise existing laws, marking a significant step in the Gulf nation's efforts to harness AI.
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