Jerry Lin

Jerry Lin

The Latest

  • EDX Markets Emerges as a Game-Changer Amid Regulatory Pressure on Binance and Coinbase
    Bitcoin
    At a time when the two major cryptocurrency exchanges Binance and Coinbase are under heavy pressure from U.S. regulators, the new exchange EDX Markets could reshape the landscape of the digital asset industry.
  • OpenAI Contemplates Launching an APP Store for AI Software, Amplifying Its Lead in the Tech Giants' AI War
    Italy Bans ChatGPT Amid Privacy Concerns and Investigations
    In the escalating war over large AI models among tech giants, OpenAI, which currently leads the race, is reportedly considering expanding its advantage further. According to tech media outlet, The Information, the company is contemplating launching a marketplace for large AI models, which could function similarly to an app store.
  • India's Stock Market Surges Past UK and France, Becoming the World's Fourth Largest, Driven by Foreign Inflows
    A broker reacts while trading at his computer terminal at a stock brokerage firm in Mumbai, India.
    The market value of India's stock market has surged past those of the UK and France to become the fourth largest in the world, thanks to a continuous inflow of foreign funds.
  • NIO Secures $1.1 billion Strategic Investment from Abu Dhabi's CYVN Holdings, Boosting Growth and International Expansion
    Nio
    On June 20, The Business Times learned that NIO has signed a share subscription agreement with Abu Dhabi investment firm CYVN Holdings. According to the agreement, CYVN Holdings will make a strategic investment of approximately $1.1 billion in NIO through a combination of a targeted issuance of new shares and transfer of old shares.
  • Apple's iPhone 15 to Showcase Enhanced UWB Chip for Optimized Vision Pro Compatibility
    Apple Doubles Down On 5G With New iPhone 13, Upgrades iPad Mini
    As Apple Inc. intensifies its efforts to synchronize the iPhone with its novel Vision Pro platform, rumors suggest the forthcoming iPhone 15 series may be equipped with an upgraded ultra-wideband (UWB) chip.
  • Turkey's Tumultuous Turn: Brace for an Aggressive Rate Hike as Erdogan's Reelection Signals Economic Shift
    Turkey flag
    As Bloomberg reported on Monday, economists are predicting that Turkey's central bank will substantially raise interest rates at its meeting on Thursday, though expectations for the size of the increase vary greatly.
  • Adobe's Financial Results Shine: Is AI Software on the Eve of Explosion?
    Adobe's Financial Results Shine: Is AI Software on the Eve of Explosion?
    Following the surge of Nvidia, a representative of AI hardware, Adobe, the leading creative software company, has also experienced a significant increase driven by AI Generated Content (AIGC). As AI software companies gradually demonstrate their performance in the second half of this year, this sector might be on the verge of a breakthrough.
  • BlackRock Eyes First Spot Bitcoin ETF Amid Crypto Market Meltdown
    Bitcoin token is seen placed on a monitor that displays binary digits in this illustration picture
    As U.S. regulators crack down on two of the world's largest cryptocurrency exchanges, Binance and Coinbase, BlackRock, the world's largest asset management firm, is aiming to introduce its first publicly traded Spot Bitcoin Exchange-Traded Fund (ETF).
  • NVIDIA at All-Time High: Bank of America Remains Bullish Beyond AI, Citing Two 'Secret Weapons'
    Nvidia
    This year, NVIDIA has been a standout star among U.S. stocks, with an increase of nearly 200% so far. The surge has added $640 billion to the company's market value, equivalent to the combined worth of America's two largest banks - JPMorgan Chase and Bank of America.
  • Microsoft Shares Hit Record High, Propelling Tech Stocks Amid AI Boom
    DATA CENTER
    On Thursday Eastern Time, Microsoft shares closed up 3.19% at $348.10, reaching a record high. This makes Microsoft the third major tech company, following NVIDIA and Apple, to achieve a new market capitalization high this year, with an estimated total value of $2.6 trillion. To date, Microsoft's shares have surged 45% this year, adding about $800.6 billion to its market cap.
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