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Donald Trump Appoints Former PayPal COO David Sacks to Lead White House AI and Cryptocurrency Initiatives
Donald Trump Appoints Former PayPal COO David Sacks to Lead White House AI and Cryptocurrency InitiativesOn December 6th, President-elect Donald Trump announced the appointment of David O. Sacks, former Chief Operating Officer (COO) of PayPal, as the head of artificial intelligence (AI) and cryptocurrency initiatives at the White House...
Blockchain 2024-12-06 10:43:06 -
Canalys Report: Slowdown in Foldable Phone Market in 2024, but Bright Outlook for AI Phones
Canalys Report: Slowdown in Foldable Phone Market in 2024, but Bright Outlook for AI PhonesA recent report from Canalys predicts a slowdown in the global foldable phone market in 2024, with year-over-year growth projected at only 13%, and a potential year-over-year decline in 2025. While the novel form factor has attracted initial market attention, the report highlights the need to address issues such as product value proposition and durability to sustain market demand...
Mobile Internet 2024-12-06 10:40:37 -
Xi Jinping Inspects Information Support Force, Stressing the Development of a Powerful Modernized Force
Xi Jinping Inspects Information Support Force, Stressing the Development of a Powerful Modernized ForceOn December 4th, Xi Jinping, General Secretary of the Central Committee of the Communist Party of China (CPC), President of the People's Republic of China, and Chairman of the Central Military Commission, inspected the Information Support Force. He extended warm congratulations to the First Party Congress of the Information Support Force on behalf of the CPC Central Committee and the Central Military Commission, and offered sincere greetings to all officers and soldiers...
Blockchain 2024-12-06 10:24:42 -
Bitcoin Surges Past $100,000! Meitu Holdings Cashes Out $80 Million in Crypto, Revealing its Investment Strategy
Bitcoin Surges Past $100,000! Meitu Holdings Cashes Out $80 Million in Crypto, Revealing its Investment StrategyOn December 5th, Bitcoin's price broke through the $100,000 mark, reaching a new all-time high. At the time of writing, one Bitcoin is trading at approximately $102,900...
Blockchain 2024-12-06 10:24:18 -
Global Financial Markets Experience Tumultuous Day: Bitcoin Plunge, Liquidations, and Macroeconomic Headwinds
Global Financial Markets Experience Tumultuous Day: Bitcoin Plunge, Liquidations, and Macroeconomic HeadwindsThursday, December 5th, saw a complex and volatile landscape across global financial markets. US equity indices closed lower, with the Dow Jones Industrial Average down 0...
Blockchain 2024-12-06 08:50:29 -
Huawei MateX6 Officially Launches: Starting at 12,999, Five Colors, and Tri-Network Satellite Communication (Limited Regions)
Huawei MateX6 Officially Launches: Starting at 12,999, Five Colors, and Tri-Network Satellite Communication (Limited Regions)The Huawei MateX6 foldable smartphone officially went on sale today at 10:08 AM, starting at 12,999. This highly anticipated flagship foldable phone comes in Standard and Collector's Edition versions, offering five color options: Nebula Gray, Nebula White, Universe Red, Deep Sea Blue, and Obsidian Black, catering to diverse aesthetic preferences...
Mobile Internet 2024-12-06 08:47:57 -
Trump's Presidency and the Bitcoin Surge: A Deep Dive into the Potential Shift in US Cryptocurrency Policy and Market Impact
Trump's Presidency and the Bitcoin Surge: A Deep Dive into the Potential Shift in US Cryptocurrency Policy and Market ImpactUS major stock indices closed lower overnight, with the Dow Jones Industrial Average down 0.55%, the Nasdaq Composite down 0...
Blockchain 2024-12-06 08:41:41 -
Lawrence Summers Slams Trump Administration's Bitcoin Reserve Plan and Predicts Political Hurdles for Musk's Spending Cuts
Lawrence Summers Slams Trump Administration's Bitcoin Reserve Plan and Predicts Political Hurdles for Musk's Spending CutsFormer US Treasury Secretary Lawrence Summers has vehemently opposed the incoming Trump administration's proposed plan to establish a bitcoin asset reserve, warning that billionaire Elon Musk's target of slashing $2 trillion in federal spending will face immense political resistance. In a recent television appearance, Summers unequivocally labeled the idea of a national bitcoin reserve as "insane," arguing there's no justification for it unless it's to appease generous political donors...
Blockchain 2024-12-06 08:38:22 -
Larry Summers Slams Bitcoin National Reserve Plan as "Insane" and Unjustified, Highlights Political Challenges of US Fiscal Austerity
Larry Summers Slams Bitcoin National Reserve Plan as "Insane" and Unjustified, Highlights Political Challenges of US Fiscal AusterityRenowned economist and former US Treasury Secretary Larry Summers has issued another stark warning, calling plans to include Bitcoin in a national reserve "utterly insane" and lacking any justification. While acknowledging that current cryptocurrency regulation may be overly stringent, Summers also expressed deep concern in a Bloomberg interview about the political challenges facing US government spending cuts...
Blockchain 2024-12-06 08:37:08 -
Major AI Developments: OpenAI Unveils o1 and ChatGPT Pro, Sparking Intense Competition
Major AI Developments: OpenAI Unveils o1 and ChatGPT Pro, Sparking Intense CompetitionDecember 5th saw a flurry of significant announcements in the artificial intelligence landscape. OpenAI released its highly anticipated "full-powered" reasoning model, o1, alongside ChatGPT Pro, a subscription service for professional users...
Blockchain 2024-12-06 08:30:02 -
Major US Indices Close Lower, Bitcoin Plunges: A Deep Dive into Market Volatility and Future Outlook
Major US Indices Close Lower, Bitcoin Plunges: A Deep Dive into Market Volatility and Future OutlookOvernight, the three major US stock indices closed lower, with the Dow Jones Industrial Average down 0.55%, the Nasdaq Composite down 0...
Blockchain 2024-12-06 08:26:16 -
Global Markets Recap: December 5th, 2024 - US Stocks Dip, Bitcoin Plunge Triggers Over 200,000 Liquidations
Global Markets Recap: December 5th, 2024 - US Stocks Dip, Bitcoin Plunge Triggers Over 200,000 LiquidationsThursday, December 5th, 2024 saw a volatile day in global markets. US stocks experienced slight declines, while Bitcoin, after briefly exceeding $100,000, suffered a sharp correction, resulting in over 200,000 liquidations...
Blockchain 2024-12-06 08:12:05
