ECONOMY AND FINANCE

Elon Musk: ‘Digital Superintelligence’ Possible in 5–6 Years

During a conversation on Twitter Spaces with Representatives Mike Gallagher and Ro Khanna, Tesla CEO Elon Musk made a bold prediction. He stated that he believes “digital superintelligence” will become…

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Nothing is hacker – proof

A lot of money was lost in the second quarter of 2023 because of crypto, or similar, hacks. According to the quarterly report by CertiK, a blockchain security company, more…

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European Union banging heads with Amazon

Guess who’s gonna lose! From August 25th on, the new European Digital Services Act imposes additional responsibilities on major tech companies to ensure “user safety from illegal content and unreliable…

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UAW to federal government: “Your “green agenda” means wage cuts and excessive support for automakers”

The automotive industry is trying hard to turn to the production of EVs (electric vehicles) and, as we saw in a previous Targetnews story, faces important problems. Biden’s “green agenda”…

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It’s not a rare earth but it can cost a lot, thanks to China

Automakers are facing a difficult decision due to the potential implementation of export controls on the rare metal called gallium by China. This situation raises concerns about their continued reliance…

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Welcome to the AI trade wars!

Official sources have revealed that the Biden administration is contemplating the introduction of a new regulation designed to prevent Chinese companies from utilizing cloud computing services provided by major US…

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An Apple worth 3 trillion

Apple has created a historic milestone by becoming the first publicly traded company to conclude a trading day with a market capitalization of $3 trillion. While the tech giant had…

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Saudi Arabia and Russia drive oil prices higher through deeper production cuts.

In June, Saudi Arabia independently lowered its daily production by one million barrels per day (bpd), causing significant controversy during the June 4 OPEC+ meeting when the announcement was made.…

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Shell trades Russian gas despite sanctions

Shell continues to trade Russian gas despite its commitment over a year ago to withdraw from the Russian energy market. According to analysis by Global Witness, Shell was involved in…

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Elon Musk’s Twitter Success Strategy

Over the weekend, Twitter experienced accessibility issues and delays in multiple countries, leading to trending hashtags like “Rate Limit Exceeded” and “TwitterDown” in the United States. Users faced problems with…

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