Jerry Lin

Jerry Lin

The Latest

  • China's Economic Rebound Stalls as Export Decline Exceeds Predictions Amid Global Demand Woes
    China Export
    China's economic revival hits a rough patch as export numbers in May fell sharply, raising concerns about the fragility of the nation's recovery amid a worldwide faltering demand. The falling demand, particularly from advanced economies, poses a significant hurdle to the world's second-largest economy that had shown stronger than expected growth in the initial quarter.
  • Crypto Platforms Coinbase and Binance Face Lawsuits as US Bolsters Regulatory Oversight
    BINANCE
    The United States Securities and Exchange Commission (SEC) is escalating its regulatory efforts in the cryptocurrency sphere. It filed lawsuits against Coinbase and Binance, two prominent cryptocurrency exchanges, in an aggressive step towards bringing the sector under its regulatory purview.
  • Apple acquires AR headset startup Mira, with undisclosed acquisition price, existing customers include Nintendo
    U.S. House Members Introduce Bill Targeting Apple And Google App Stores
    Apple confirmed the acquisition of Mira. Regarding this, Apple said, "The company acquires smaller tech companies from time to time, and we generally do not discuss our purpose or plans."
  • Suing exchanges is not enough! SEC Chairman strikes the crypto sector again: No need for more digital currencies
    cryptocurrency
    On Tuesday, June 6, SEC Chairman Gary Gensler hinted in a media program that cryptocurrencies and other digital tokens are essentially unnecessary in this world. Gensler said:
  • World Bank: Global Economy in a Dangerous State, China Is a Clear Exception
    Global economy
    The World Bank stated in its latest Economic Outlook report on Tuesday that the sunshine we saw in the global economy earlier this year is fading, and gray days may be ahead. China is a clear exception to the global economic slowdown trend.
  • IMF Deputy Warns: AI Could "Severely Disrupt" Job Market
    China's Payment Association Cautions Against AI Tools like ChatGPT Due to Data Leak Risks
    The IMF's second-in-command recently warned that generative artificial intelligence (AI) poses a risk of "severe disruption" to human employment and called on governments worldwide to quickly draft regulations to control this emerging technology.
  • Twitter Welcomes Linda Yaccarino as New CEO on First Day
    Twitter Earnings
    In a significant development for Twitter, Linda Yaccarino has assumed her role as the Chief Executive Officer of the social media company. Yaccarino shared the news on Monday evening through a tweet, marking her first day in the position. This comes roughly a month after her appointment was announced by Elon Musk.
  • Crypto Giant Binance and US Affiliate Experience $790M Outflow Amid Regulatory Scrutiny
    BINANCE
    Approximately $790 million was withdrawn from Binance and its American offshoot, Binance.US, over the past day, as per data analytics company Nansen. This hefty exodus comes on the heels of the U.S. Securities and Exchange Commission's (SEC) lawsuit against both exchanges.
  • Pioneering Chinese Offshore Hydrogen Farm Breaks Ground in Green Energy Endeavor
    Hydrogen Corridor Development Plan
    In the pursuit of untapped renewable energy, Chinese researchers have achieved a significant milestone by developing a technology that transforms seawater into hydrogen and oxygen.
  • US Equities Seesaw as Market Anticipates Possible Halt in Fed's Rate Increases
    STOCK MARKET
    The US stock market exhibited a mixed performance on Monday, with Apple Inc soaring to a new high, while traders pondered the likelihood of the Federal Reserve halting its rate hikes during its upcoming policy meeting.
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