AI Failures Will Spike In 2025: A Call For Decentralization Innovation
As we enter 2025, it's clear the AI industry is on the brink of explosive growth—but also a moment of truth. The race to dominate AI is heating up, driven by geopolitical rivalries, billions in government funding, and a relentless push for the next breakthrough. With all this exponential momentum, we have to be prudent: The abuse of AI technology in an overly centralized manner could lead to its downfall, and the integration with blockchain technology and crypto can be a trustworthy response to that
The Local Sheriffs Gearing Up to Help Trump Carry Out Mass Deportations
FREDERICK, Md.—If President-elect Donald Trump ramps up deportations as promised, he will have a strong ally in Chuck Jenkins, the longtime Republican sheriff of Maryland’s Frederick County.“I’m willing to support the president 100%,” said Jenkins, 68, gravel-voiced with a gray buzzcut. “I want to do more, within the law.”
Russia-Ukraine Standoff Over POWs Leaves Thousands Stuck in ‘Gray Zone’
Kyiv says Russia is using the prisoners to put pressure on President Volodymyr Zelenskyc
Crude Oil Futures Move Higher With Eyes on OPEC
1515 GMT – Oil futures are higher in early trade but lower on the week as some risk premium was taken out of the market with the ceasefire between Israel and Hezbollah. Crude is getting “a bit of bounce” on reports of some violations of the agreement by both sides, but “no major occurrences look to have happened,” Dennis Kissler of BOK Financial BOKF -0.57%decrease; red down pointing triangle says in a note. Market focus is likely to be squarely on next week’s OPEC+ meeting where the group will decide whether to again delay the unwinding of output cuts. The meeting, initially scheduled for Sunday, was pushed back to Dec. 5. WTI is up 0.9% at $69.35 a barrel and Brent is up 0.3% at $73.03 a barrel.
Tech, Media & Telecom Roundup: Market Talk
The German mobile market will likely experience disruption in 2025, and investors need to be prepared, Berenberg analysts Usman Ghazi and Shekhan Ali write in a note. While Deutsche Telekom and Telefonica Deutschland have engineered a larger market share along with tariff innovations, competitors such as 1&1 have an urgent need to re-accelerate growth going into 2025, they say.
General Motors agrees deal
to enter F1 in 2026
A new team will be named after
GM's Cadillac brand
UK electric car production drops
with firms 'under pressure'
UK car production fell sharply in October amid
industry concerns about "intense pressure" on
investment in electric vehicle-making.
Uber probed by US regulator
over subscription plan
The ride-hailing giant says it received inquiries about Uber One's cancellation procedures
Australia approves social
media ban on under-16s
Australia will ban children under 16 from using social media, after its parliament approved the world's strictest laws.
Al Fayed 'used cash gifts
in bid to own directors'
Mohamed Al Fayed manipulated Harrods managers to conceal his crimes, sacking those he could not control, an ex-director has told the Timesforesight
Canada’s oil patch rattled by Trump's tariff threat
In Canada’s oil-rich province of Alberta, there is a deep sense of unease over President-elect Donald Trump's threat to impose a 25% tariff on Canadian goods.
Sanofi opens $590M modular vaccine, biologics plant in Singapore
Two months after Sanofi completed construction in France of its innovative Modulus vaccine and biologics plant—which can be reconfigured within days during a pandemic—the drugmaker said it has opened a similar facility in Singapore.
Volkswagen Workers to Begin Striking Monday, Union Says
VW is at loggerheads with the IG Metall union as it seeks to implement sweeping cost cuts across its domestic business
U.S. Crude Oil Stockpiles Fall Amid Decline in Imports
Crude oil stockpiles fell by 1.8 million barrels to 428.4 million barrels in the week ended Nov. 22
Stellantis CEO Carlos Tavares Steps Down from Jeep Maker; Shares Slide
Automaker’s sales in North America fell over the past year as dealers struggled to sell high-cost models
U.S. Crude Oil Stockpiles Fall Amid Decline in Imports
Crude oil stockpiles fell by 1.8 million barrels to 428.4 million barrels in the week ended Nov. 22
Dogecoin Foundation Seeks Funding to Develop ‘Dogebox’
The Dogecoin Foundation is looking to raise funding now that the re-election of Donald Trump as the US President has rallied the crypto market to record highs.The Dogecoin Foundation is looking to raise funding now that the re-election of Donald Trump as the US President has rallied the crypto market to record highs.
Jeff Bezos’ Space Ambitions Take Flight as New Rocket Blasts Off
After years of delays, the billionaire’s Blue Origin space company launched its New Glenn rocket early Thursday