Itemoids

NBC New York

U.S. investigates China's DeepSeek for potential use of AI chips

Quartz

qz.com › u-s-investigates-chinas-deepseek-for-potential-use-of-1851752981

This story incorporates reporting from MediaNama, gadgets360 and NBC New York.

The U.S. government is reportedly investigating Chinese technology firm DeepSeek regarding its potential use of artificial intelligence chips that are restricted under current export control measures. DeepSeek, a company primarily involved…

Read more...

Shell reports larger than expected earnings drop and unveils stock buyback

Quartz

qz.com › shell-reports-larger-than-expected-earnings-drop-and-un-1851751367

This story incorporates reporting from NBC New York, Benzinga.com, Business Insider and NECN.

Shell reported a larger-than-expected decline in adjusted earnings for the fourth quarter as the company navigates challenging market conditions. Despite the downturn, Shell announced a share buyback program worth $3.5…

Read more...

Tesla got a $600 million boost from from a Bitcoin accounting change

Quartz

qz.com › tesla-earnings-bitcoin-1851751374

This story incorporates reporting from NBC New York, Bloomberg on MSN.com and https//beincrypto.com.

Tesla recently reported a $600 million profit from its Bitcoin holdings. The gain is attributed to a change in digital asset accounting rules. This adjustment allows Tesla to record unrealized gains in Bitcoin.…

Read more...

Federal Reserve likely to hold rates steady amid economic uncertainty

Quartz

qz.com › federal-reserve-rates-economic-uncertainty-1851750332

This story incorporates reporting from cnbctv18, The New York Times, The Financial Express, ABC and NBC New York.

The Federal Reserve is anticipated to hold interest rates steady during its Federal Open Market Committee (FOMC) meeting today. This decision comes at a critical juncture as policymakers assess the current…

Read more...

Google Maps will rename the Gulf of Mexico as the Gulf of America, following Trump

Quartz

qz.com › google-maps-gulf-of-mexico-america-trump-rename-1851749125

This story incorporates reporting fromUSA Today, NBC New York, Deadline.com, Yahoo and tyla.

Google announced plans to rename the Gulf of Mexico to the Gulf of America in its Maps application, aligning with a recent executive order issued by President Donald Trump. This change will be implemented once updates are made…

Read more...