Stablecoin growth is creating a dangerous feedback loop that could undermine financial stability. The 2022 TerraUSD collapse showed how quickly confidence can evaporate, causing billions in losses. Now regulators are sounding alarms about systemic risks.
ZTE’s Signal Reach Program in Africa has connected over 1 million Ethiopians in remote regions through 152 new base stations. The partnership with Ethio Telecom dramatically expanded 4G coverage while using innovative solar-powered and modular solutions. This marks significant progress toward Ethiop
The head of one of America’s largest retirement providers says investors are asking the wrong questions about AI. Instead of worrying about market bubbles, they should focus on building diversified portfolios with guaranteed income streams.
Microsoft’s AI chief Mustafa Suleyman expressed frustration with AI skeptics, calling their criticism “mindblowing.” This comes as Microsoft’s total AI investment approaches $90 billion and the company pushes ahead with controversial “agentic” Windows features.
Tech giants are turning to enhanced geothermal systems to solve AI’s massive energy appetite. Meta has signed deals with two EGS companies aiming for 150MW projects by 2030. These systems could potentially supply two-thirds of new data center demand.
India’s central bank wants its digital currency to take priority over stablecoins and cryptocurrencies. The RBI’s concerns come as global regulators warn stablecoins could threaten financial stability worldwide.
A hacker is allegedly selling internal data from Samsung Medison, a medical equipment subsidiary. The breach reportedly occurred through a third-party contractor and includes healthcare-related user information. Samsung consumer device users aren’t affected by this specific incident.
According to Forbes analysis, Meta is outperforming Google across key financial metrics including revenue growth and profitability. The numbers suggest Meta might be the smarter investment, but there’s more to consider than just raw financials.
The founder and clinical president of telehealth company Done Global were convicted for illegally distributing Adderall and committing healthcare fraud. The scheme involved over $40 million in deceptive ads and $100 million in fraudulent prescriptions. Both face up to 20 years in prison.
Unisys has sold its aging Minnesota data center campus to local developer Swervo Development Corp. The 32-acre property fetched $10 million and will likely be repurposed for multiple data center tenants. The deal closed on November 14 after being listed for sale in September 2023.
