Posts by Amelia Frost
Apple Says To Invest $500 Bn In US Over Four Years, Hire 20,000 Staff
Apple said on Monday it will spend more than $500 billion in the United States over the next four years and hire 20,000 staff, with President Donald Trump quickly taking credit for the announcement. The Silicon Valley-based giant said it was its “largest-ever spend commitment,” which comes as tech companies battle for dominance in developing…
Read MoreEXCLUSIVE: How Blockchain Can Transform American Tech Under Trump With Alchemy Co-Founder
KEY POINTS Regulatory certainty along with practical scalability is ‘what American tech companies have been waiting for’: Alchemy Co-Founder Nikil Viswanathan Coordination between Congress and the Trump White House showcases ‘there is a serious commitment to getting this right’ Investments may finally return to the crypto space as more regulatory clarity is provided under the…
Read MoreGerman Business Urges ‘New Beginning’ After Election
German business leaders called Monday for the swift formation of a new ruling coalition to usher in a “new beginning” for Europe’s crisis-wracked top economy after the conservatives’ election win. The eurozone’s traditional powerhouse is facing an existential crisis amid a manufacturing slowdown and a host of deep-rooted problems, with the threat of US President…
Read MoreCorporate America Is Not Raring to Return to Russia if Trump Lifts Sanctions
The Trump administration is sending a startling message to corporate America: After three years as an international pariah, Russia could once again be open for business. President Trump is pressuring Ukraine to accept a deal to end the war. And Marco Rubio, his secretary of state, told a delegation from Moscow in Riyadh last week…
Read MoreDr. Oz: How His Millions Collide With Medicare
Dr. Mehmet Oz, the celebrity TV doctor nominated by President Trump to oversee Medicare and Medicaid, has been a relentless promoter of controversial private insurance plans for older Americans. “I’d be signing up,” he told viewers, directing them to a call center in an episode that is still available on his YouTube channel. What Dr.…
Read MoreBybit Hack: How The $1.4B Exploit Happened, Funds Recovered, And Who’s Responsible
KEY POINTS Bybit’s CEO said the hackers breached multisig cold wallet and moved all the $ETH Ethereum was the hardest-hit crypto asset in the exploit as per Nansen data Bybit has launched a recovery campaign in hopes of getting back the stolen funds Tether has frozen 181,000 $USDT linked to the Bybit exploit ZachXBT provided…
Read MoreCritically-ill Pope Had A Good Night, Vatican Says
Pope Francis, hospitalised in critical condition with pneumonia in both lungs, spent a peaceful night and was “resting” Monday, the Vatican said amidst global concern over the pontiff’s health. The 88-year-old head of the Catholic Church was admitted to the Gemelli hospital in Rome on February 14 with breathing difficulties and his condition has since…
Read MorePaedophile French Surgeon On Trial For Abusing Almost 300 Patients
A former surgeon is to go on trial in France on Monday charged with raping or sexually assaulting almost 300 former patients, most of them children. Joel Le Scouarnec, 74, is already in jail after a court in 2020 found him guilty of abusing four children, including two of his nieces. In the latest trial,…
Read MoreMacron To Present Trump With ‘Proposals’ On Peace In Ukraine
French President Emmanuel Macron will meet with his US counterpart Donald Trump in Washington on Monday, saying he will present “proposals for action” to counter the “Russian threat” in Europe and ensure peace in Ukraine. Macron is hoping to persuade Trump when the two leaders meet on the third anniversary of the war in Ukraine…
Read MoreChina’s Alibaba To Invest $50 Bn In AI, Cloud Computing
Chinese tech giant Alibaba said Monday it will spend more than $50 billion on artificial intelligence and cloud computing over the next three years, a week after co-founder Jack Ma was seen meeting President Xi Jinping. Investors have piled into Chinese technology stocks since the start of the year, with Alibaba — which runs some…
Read MoreDominant Ducati Unleash Deposed MotoGP Kings Marquez And Bagnaia
As the lights go out to start the MotoGP season in Thailand on Saturday, the road seems clear for one of the sport’s two deposed kings to reclaim their crown – if they do not get in each other’s way. Marc Marquez, six times champion, has joined double champion Francesco ‘Pecco’ Bagnaia in the Ducati…
Read MoreIndonesia Launches New Multi-billion-dollar Sovereign Wealth Fund
Indonesia on Monday launched a new sovereign wealth fund that will aim to manage state assets worth more than $900 billion as President Prabowo Subianto looks to turbo-charge growth in Southeast Asia’s biggest economy. The recently inaugurated leader has pledged to take the archipelago’s annual growth from five to eight percent, ordering billions of dollars…
Read More