Justin Trudeau considers new tariffs on Chinese EVs to align with US and EU

Prime Minister Justin Trudeau’s government is preparing potential new tariffs on Chinese-made electric vehicles (EVs) to align Canada with actions taken by the United States and the European Union, according to sources. While no final decision has been made, it is expected that public consultations on the proposed tariffs will be announced soon. These measures […]

Instagram continues to recommend adult content to underage users: WSJ report

Social Media platform Instagram continues to recommend adult-oriented content to underage users, a report by the Wall Street Journal has found. The report has exposed cracks in Meta Platforms’ earlier claims to provide a secure and age-appropriate digital environment for teenagers.  The publication had tied up with an academic researcher to undertake a seven-month-long test to […]

AI will be 10,000 times smarter than humans in a decade: SoftBank CEO Masayoshi Son

SoftBank CEO Masayoshi Son, in a rare public appearance on Friday, predicted a future where artificial intelligence (AI) becomes exponentially smarter than humans. Speaking at SoftBank’s annual general meeting of shareholders, Son described a world where artificial super intelligence (ASI) surpasses human intelligence by a factor of 10,000 within the next decade. The rise of […]

Standard Chartered set to offer direct BTC and ETH trading in London

Standard Chartered is set to launch a spot trading desk for buying and selling bitcoin and ETH, according to a report by Bloomberg on Friday. This new initiative will be based in London and will operate as part of the bank’s foreign exchange (FX) trading unit. By entering the spot cryptocurrency trading market, Standard Chartered […]

Citi hikes target price on Microsoft stock to $520: Can it reach there?

On Friday, analysts at Citi increased their target price on Microsoft Corp (NASDAQ:MSFT) from $495 to $520, while reiterating their ‘Buy’ rating. This upward revision underscores Citi’s confidence in Microsoft’s growth prospects, particularly fueled by its strategic investments in artificial intelligence (AI) and its dominant position in the tech industry. Dominance in the AI race […]

Zealand Pharma stock rallies 20%: what happened?

Zealand Pharma (CPH: ZEAL) rallied more than 20% this morning after reporting positive results from an early stage trial of its new weight loss treatment.  The biotech firm is now trading at an all-time high.  Why is it significant for Zealand Pharma stock? Petrelintide – a long-acting amylin analog of Zealand Pharma showed significant efficacy […]