New analysis from Bloomberg argues that tariff shocks are not one-off events but catalysts for gradual, path-dependent economic shifts. The financial impact varies dramatically across Asia, testing the risk controls banks have built over years.
The European Commission has been hit with a massive €120 million fine by X for deceptive ad practices. In a dramatic escalation, Elon Musk then terminated the EU’s own advertising account on the social network.
Bank of America is doubling down on Carvana, significantly raising its price target following the company’s upcoming inclusion in the S&P 500 index. The analyst sees continued growth and potential to overtake CarMax in unit sales by 2026. Shares have nearly doubled in 2024.
Samsung has officially started the One UI 8.5 public beta program, with the initial rollout hitting the Galaxy S25 series in South Korea, the US, the UK, Germany, India, and Poland. The update, based on Android 16, promises a major visual overhaul and new AI-powered capabilities. The stable release
Dell has implemented a global price increase of 15-20% across its entire PC lineup, citing rising component and logistics costs. Lenovo is reportedly finalizing similar price adjustments to take effect in January 2025. This signals a major shift for the PC market after years of aggressive discounts.
In a recent interview, NVIDIA’s Jensen Huang called the idea of an AI doomsday “extremely unlikely.” He believes AI will soon generate most of the world’s knowledge, accelerating the path to AGI.
A federal judge has expanded the remedies in the DOJ’s antitrust case against Google. The ruling imposes a one-year limit on the contracts that make Google the default search engine on devices like iPhones.
Lenovo is back with a second attempt at a Windows gaming handheld, the Legion Go 2. According to a Wired review, it offers better performance and a great screen, but the inherent awkwardness of the OS in this form factor persists. It’s a device that demands patience and tinkering from its user.
IBM has launched a service called IBM Cloud Sync to keep DNS configurations synchronized across multiple cloud providers. The goal is to prevent outages and speed up recovery by maintaining real-time backups. It starts with AWS Route 53, with plans to add Azure, Google Cloud, and Cloudflare.
According to a report from Fortune, SpaceX is discussing a new tender offer that would value the company between $750 billion and $800 billion. This would shatter the previous record for a private company, set by OpenAI at $500 billion, and marks a near-doubling of SpaceX’s own valuation from just J
