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Mark Zuckerberg is stacking the deck in the AI race, betting that unlimited capital, top talent, and raw computing power will ensure victory. If the winning hand Zuckerberg is chasing—AI “superintelligence”— is still very much a vague and theoretical concept, the Meta CEO’s remarkable series of moves unveiled Monday instantly changed the reality for everyone … Read more
When two South Korean companies announced a multibillion-dollar investment to build solar panel and electric battery factories in northwest Georgia, federal subsidies helped close a deal to diversify the local economy. The factories promised thousands of new jobs, transforming the manufacturing base in Cartersville, once a cotton mill town before an Anheuser-Busch brewery arrived in the 1990s and a … Read more
The U.K.’s overhauling of a divisive tax regime that allowed international millionaires to live in the country while paying lower taxes is triggering an exodus of the rich. A new system replacing the lucrative “non-domicile” tax status took effect on Apr. 6, requiring those with a permanent home abroad but living in the U.K., to … Read more
Who is Sam Lee Crypto? Sam Lee is taking refuge in Dubai as he faces mounting charges from the SEC after $1.89bn crypto fraud accusation. Sam Lee, an Australian blockchain entrepreneur, has been charged with conspiracy to commit fraud in the United States for his role in the HyperVerse crypto investment schemes. Prosecutors with the … Read more
Blockstream, a provider of Bitcoin-powered financial infrastructure, has secured billions of dollars in investment as it prepares to launch its crypto lending funds. The Bitcoin (BTC) developer platform, which raised millions of dollars in debt financing in 2024, also noted that its crypto-backed fund will now go live early April. Bloomberg reported details of Blockstream’s … Read more
Despite the war, Russia has long had a deal in place to transit its gas exports via Ukraine to Europe. Read More
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