Jerry Lin

Jerry Lin

The Latest

  • Anticipation Builds for BlackRock's Bitcoin Spot ETF Approval as Crypto Market Seeks a Boost
    Bitcoin
    The volatile and challenging cryptocurrency sphere is now pinning hopes on the possibility of a cryptocurrency ETF, applied for by BlackRock, the world's largest asset management firm, gaining approval.
  • Abu Dhabi's $1.1 Billion Lifeline Injects Hope into Nio Amidst Price War and Financial Struggles
    Chinese electric vehicle maker Nio Inc's product launch event in Chengdu
    Nio, a prominent Chinese electric vehicle (EV) company, has received a strategic investment of about $1.1 billion from Abu Dhabi, one of the largest sovereign wealth funds in the world. The deal was confirmed on Tuesday and will give Abu Dhabi approximately 7% ownership in Nio's issued and outstanding shares after additional new shares and transfer of existing shares.
  • Springing Back to Life: U.S. Housing Market Surges as New Builds Hit 30-Year High
    US HOUSING
    The U.S. housing market, after enduring a chilly winter due to high interest rates last year, is showing significant signs of recovery.
  • Decoding Tesla's Soaring Stock: AI, Robo-Taxis, and the Road Ahead
    TESLA BTC SOLD
    Tesla's stock has soared nearly 50% in the past month. But how sustainable is this rise, and how should one value Tesla?
  • 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.
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