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02/02/2025

Ever thought of having a motorbike as a pet? This new self-driving technology might be the start of that! 🏍

31/01/2025

DeepSeek sent shockwaves across the AI market, as its price-competitiveness raised concerns about U.S. tech giants' ability to capitalize on their costly AI investments. The Chinese startup triggered a sharp drop in tech stocks after the latest announcement, further intensifying global attention on DeepSeek’s growing influence. Here's what you need to know this week for DeepSeek

31/01/2025

Germany's security situation has changed drastically due to the war in Ukraine. The response has been a higher defense budget. But can the German arms industry meet the demands? And what are the economic consequences?

31/01/2025

Tesla retained its pole position in the electric vehicle market with record Q4 sales in 2024 but edged ahead of its Chinese rival BYD by only 24,234 deliveries. BYD sales grew 41.61% year-on-year, while Tesla saw its first annual sales decline since 2011.

30/01/2025

Meta has agreed to pay $25 million to settle a lawsuit filed by Donald Trump over the suspension of his social media accounts following the Capitol riots on January 6, 2021. The settlement comes after Meta CEO Mark Zuckerberg’s recent efforts to strengthen ties with Trump following his 2024 election victory. This included making a $1 million donation to Trump’s inauguration fund and taking a front-row seat at the swearing-in ceremony.

30/01/2025

Once a beacon of innovation in the truck market, Nikola Corporation now grapples with financial turmoil. Can it survive?

30/01/2025

New York-based cybersecurity firm Wiz says it discovered a significant amount of sensitive data which Chinese AI startup DeepSeek unintentionally exposed online. In a blog post, the Israeli-founded Wiz revealed that scans of DeepSeek's infrastructure indicated the company had mistakenly left over a million lines of data unsecured. The data included digital software keys and chat logs, that appeared to contain user prompts sent to DeepSeek’s AI assistant.

29/01/2025

Does the AI race have a hot new Chinese contender? Chinese tech company Alibaba has released their new AI model Qwen 2.5 Max, which they claim surpasses DeepSeek'sV-3, GPT-40 and Meta's Llama-3.1. The unusual choice of release date today, on Chinese Lunar New Year, highlights the pressure DeepSeek has placed on both overseas and domestic competitors after its rapid rise in recent weeks.

29/01/2025

The German government cut its growth projections for 2025, amid domestic political instability and the looming threat of higher US tariffs under President Donald Trump. "Germany is stuck in stagnation," said Economy Minister Robert Habeck at a presentation of economic forecasts in Berlin. Here's what you need to know:

28/01/2025

Boeing reported its second-largest annual loss at $11.8 billion after struggling with production setbacks, a seven-week strike that halted most of its jet production, and a string of aviation incidents and crashes. After taking the reins in August 2024, CEO Kelly Ortberg is now working on a recovery plan to turn the company around as it faces increased competition from Airbus and continued scrutiny over safety concerns.

28/01/2025

Chinese AI developer DeepSeek triggered a selloff causing a staggering $108 billion loss for some of the world’s wealthiest individuals. Tech billionaires were hit hardest, with $94 billion of the total loss tied to the sector. Nvidia's Jensen Huang lost $20.1 billion alone, and Larry Ellison of Oracle lost $22.6 billion. DeepSeek’s R1 chatbot, developed for just $5.6 million, challenges the heavily invested AI development model of Western tech giants, raising concerns about the sustainability of their high investment costs.

27/01/2025

Businesses should make their products in the US if they want to avoid facing a tariff, Donald Trump told the World Economic Forum. Via DW News

27/01/2025

Germany's auto industry faces significant challenges, exacerbated by political uncertainty following the collapse of the country’s governing coalition and the looming threat of new US tariffs. A lack of clear government strategy on EV incentives and infrastructure has confused German consumers and carmakers alike, while high manufacturing costs and delayed structural changes have further weakened competitiveness.

27/01/2025

The number of billionaires is soaring in Germany. Despite an inheritance tax, wealth continues to grow untaxed for the ultra-wealthy. How is that possible?

27/01/2025

Market research estimates that only China and India will achieve a cost of less than $2/kg for green hydrogen by 2050. What advantages do they have over the US and Europe?

26/01/2025

Hanoi recently topped the list of the world’s most polluted cities. Traffic is the main source of pollution. Hanoi has 1.1 million cars and over 6.9 million motorcycles, 70% of which are over 10 years old, spewing out harmful emissions.

25/01/2025

A gripping arm in the steel industry grips up to 8 tons of steel - but could it also pick up an raw egg? Place your bets!

24/01/2025

In 2024, solar power surpassed coal as an electricity source in the EU, contributing 11% and raising renewables to 47% of total power. The European Green Deal and rising gas prices, driven by Russia’s invasion of Ukraine, have accelerated this shift to cleaner energy. This transition highlights the EU’s energy independence and climate leadership, contrasting with President Trump's fossil fuel centric energy plans.

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