Jerry Lin
The Latest
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ECB Hikes Interest Rates to Highest Level Since 2001, Signals More to Come
The European Central Bank (ECB) has announced a 25 basis point increase in interest rates as expected, reaching its highest level since 2001. Christine Lagarde, ECB President, indicated in a press conference that another rate hike could be forthcoming in July, despite ongoing economic slowdowns. 
The European Central Bank (ECB) has announced a 25 basis point increase in interest rates as expected, reaching its highest level since 2001. Christine Lagarde, ECB President, indicated in a press conference that another rate hike could be forthcoming in July, despite ongoing economic slowdowns. -
Google Threatened with Breakup: EU Charges Company with Misuse of Ad Monopoly
On June 14, European Union initiated antitrust charges against Google, alleging that Google exploited its dominant position in advertising technology to suppress competition. The indictment strikes at the core of the American company's revenue model and could force Google to separate its lucrative advertising business. 
On June 14, European Union initiated antitrust charges against Google, alleging that Google exploited its dominant position in advertising technology to suppress competition. The indictment strikes at the core of the American company's revenue model and could force Google to separate its lucrative advertising business. -
Microsoft and OpenAI: A Partnership Marred by Silent Disagreements
Microsoft and OpenAI's partnership is not as harmonious as it seems on the surface. This subtle discord between the two tech behemoths has unveiled unexpected fissures in their alliance. Microsoft, in order to avoid antitrust scrutiny, holds only 49% of OpenAI's shares, limiting its direct control over the latter. 
Microsoft and OpenAI's partnership is not as harmonious as it seems on the surface. This subtle discord between the two tech behemoths has unveiled unexpected fissures in their alliance. Microsoft, in order to avoid antitrust scrutiny, holds only 49% of OpenAI's shares, limiting its direct control over the latter. -
Instant Brands Seeks Financial Shielding Amidst US Bankruptcy Filing
As per recent reports, Instant Brands Inc., renowned for the Instant Pot, a popular multifunctional cooking device, is navigating a challenging fiscal landscape in the United States. Faced with mounting financial strain, the company has sought bankruptcy protection, a move that underscores the struggle of retail brands in the current economic climate. 
As per recent reports, Instant Brands Inc., renowned for the Instant Pot, a popular multifunctional cooking device, is navigating a challenging fiscal landscape in the United States. Faced with mounting financial strain, the company has sought bankruptcy protection, a move that underscores the struggle of retail brands in the current economic climate. -
US Legislators Propose Tariff Exception Removal for Chinese E-commerce Shipments
US lawmakers from both sides of the aisle are scheduled to present a bill this Wednesday, aimed at eradicating a popularly used tariff exception that allows e-commerce sellers to deliver orders from China to American customers without paying tariffs. This was according to information provided by Republican Senator Bill Cassidy, one of the sponsors. 
US lawmakers from both sides of the aisle are scheduled to present a bill this Wednesday, aimed at eradicating a popularly used tariff exception that allows e-commerce sellers to deliver orders from China to American customers without paying tariffs. This was according to information provided by Republican Senator Bill Cassidy, one of the sponsors. -
Meta: The Sole Contrarian of Open-Sourcing AI, the Android of the AI World?
In February of this year, amidst a heated AI competition, Meta took an unusual step. It decided to let go of the "jewel in its AI crown" by publicly releasing the underlying code of its large language model, LLaMA. 
In February of this year, amidst a heated AI competition, Meta took an unusual step. It decided to let go of the "jewel in its AI crown" by publicly releasing the underlying code of its large language model, LLaMA. -
Potential Breakthrough: Binance Expected to Reach Agreement with SEC to Avoid Asset Freeze
U.S. District Court Judge Amy Berman Jackson said on Tuesday that there isn't a significant dispute between Binance and the SEC on protecting billions of dollars of client funds, adding that she wouldn't shut down the Binance exchange during the lawsuit. 
U.S. District Court Judge Amy Berman Jackson said on Tuesday that there isn't a significant dispute between Binance and the SEC on protecting billions of dollars of client funds, adding that she wouldn't shut down the Binance exchange during the lawsuit. -
Apple Inches Closer to a $3 Trillion Market Cap, But It's Not a Cakewalk
Apple Inc. is anticipated to become the world's first company to achieve a valuation of $3 trillion, but the journey to this unprecedented milestone is not straightforward. 
Apple Inc. is anticipated to become the world's first company to achieve a valuation of $3 trillion, but the journey to this unprecedented milestone is not straightforward. -
Fed Expected to Hold Interest Rates Steady This Week, May Signal Future Hike
Federal Reserve is likely to keep interest rates steady this week, officials' worries about sustained inflation might signal they are readying for another hike later this year. Slowed inflation in May in the United States supports a pause in rate hikes this week, but underlying price pressures remain strong. 
Federal Reserve is likely to keep interest rates steady this week, officials' worries about sustained inflation might signal they are readying for another hike later this year. Slowed inflation in May in the United States supports a pause in rate hikes this week, but underlying price pressures remain strong. -
Altcoin Universe Quakes: US Regulatory Crackdown Dents $100 Billion Market
The altcoin market is navigating choppy waters, grappling with uncertainty and vulnerability. The litigation launched by U.S. regulators against cryptocurrency exchanges Binance and Coinbase last week has caught a broad swathe of altcoins, or cryptocurrencies excluding Bitcoin and Ether, in its wake, leading to a plummet in their values. 
The altcoin market is navigating choppy waters, grappling with uncertainty and vulnerability. The litigation launched by U.S. regulators against cryptocurrency exchanges Binance and Coinbase last week has caught a broad swathe of altcoins, or cryptocurrencies excluding Bitcoin and Ether, in its wake, leading to a plummet in their values.
