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Oct 20 2024FINANCE

Bitcoin's Lost Tokens: A Hidden Factor in Price Increases

You might have heard about bitcoin's price going up because of things like trade deficits and the dollar losing value. But there's another reason that not many people talk about: lost bitcoins. When people die or forget how to access their bitcoin wallets, those tokens are gone for good. This is lik

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Oct 19 2024TECHNOLOGY

iPhone 16 Scores Big in China: Apple's Comeback?

Apple’s newest iPhone 16 is making waves in China. Sales are up by a whopping 20% compared to last year’s iPhone 15. This is great news for Apple, which has faced tough competition from Chinese phone makers like Huawei. The iPhone 16 Pro and Pro Max are the stars of the show, with their sales jumpin

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Oct 19 2024BUSINESS

China’s Property Sector Gets a Half-Trillion Dollar Boost, But Is It Enough?

China recently poured half a trillion dollars into its struggling property sector. Experts, however, aren’t convinced this is enough to turn things around. The move comes after a summer of poor economic data, raising fears that China might miss its growth target. Leader Xi Jinping finally rolled ou

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Oct 18 2024TECHNOLOGY

AI Compliance: First Test of EU AI Act with LatticeFlow's LLM Framework

Ever wondered how well Big AI follows the rules? LatticeFlow, a startup from ETH Zurich, is taking a stab at answering that question. They've created a way to measure if AI models stick to the European Union's new AI law. This law is like a set of rules for AI apps, and it's now in effect. But how d

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Oct 18 2024TECHNOLOGY

NVIDIA's New Open-Source AI Model: A Game Changer?

NVIDIA has just released a powerful open-source AI model called Llama-3. 1-Nemotron-70B-Instruct. This model is designed to make AI responses more accurate and helpful. It's based on Meta's Llama-3. 1-70B-Instruct Base and has been fine-tuned by NVIDIA. The model uses a special technique called Stee

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Oct 18 2024FINANCE

Roblox Stock Dives After Allegations of False Metrics and Safety Issues

A prominent short seller, Hindenburg Research, revealed that it bet against Roblox, a kids' gaming platform, accusing the company of exaggerating user activity and failing to protect children from disturbing content. Roblox, with a market value of around $25 billion as of Tuesday, has seen its stock

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Oct 18 2024FINANCE

China's Economy: Struggling, but Stimulated

Have you ever wondered what happens when a huge economy like China's starts to slow down? Well, it's a big deal, and it's happening right now. China's economy is growing at its slowest pace in months. This is because of problems like a crashing property market, people not buying much, and prices goi

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Oct 18 2024BUSINESS

Netflix Stock Soars After Quarterly Earnings Surprise

Imagine waking up to some good news! Netflix's stock took a big leap on Friday. This happened right after the streaming giant announced its latest earnings. These numbers were way better than what experts had guessed. The company reported making $5.40 per share in the last three months, which is mor

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Oct 18 2024FINANCE

Seeing Patterns: Why Some Stocks Can Feel Like a Bet

Investment strategist Doug Cohen from Fiduciary Trust International covered a lot of ground in a recent interview with Quartz. Talking about the volatile world of stocks, especially those related to Trump Media, he highlighted the speculative nature of such investments. How can you tell if a stock

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Oct 18 2024TECHNOLOGY

iPhone 16: Surging Sales in China, Despite AI Uncertainty

The iPhone 16 is off to a fantastic start, especially in China, where sales have jumped by 20% compared to last year's model. This is great news for Apple, considering the iPhone 15 had a tough time in the world's largest smartphone market. The priciest models, the Pro and Pro Max, are doing even be

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