Author: Zech

Image credit: Walter Cicchetti / Shutterstock.com Serve Robotics (NASDAQ:SERV) shares rose 40% yesterday and are up about 5% this morning. However, the stock has been trading very volatile this morning. Since Nvidia (NASDAQ:NVDA) disclosed that it had acquired a small stake in the autonomous robotics company on July 18, the stock has risen about 500%. Meanwhile, Saab announced changes to its board of directors yesterday. Background on Nvidia’s investment and Serve On July 18, Nvidia announced it had acquired 3.7 million shares of Serve Robotics, equivalent to a 10% stake in the company. As of yesterday’s market close, its Serve…

Japan’s Eisai (TYO: 4523) and US biotechnology company Biogen (Nasdaq: BIIB) today announced that the European Medicines Agency’s (EMA) Committee for Medicinal Products for Human Use (CHMP) has adopted a negative opinion for the Marketing Authorization (MAA) of Leqembi (lecanemab), a humanized anti-soluble aggregated amyloid beta (Aβ) monoclonal antibody, for the treatment of early AD (mild cognitive impairment due to Alzheimer’s disease (AD) and mild AD).The Tokyo Stock Exchange was closed at the time of the announcement, but Biogen’s shares fell 6.3% to $213.08 in premarket trading on November 14th (US time).The EMA statement explained that the committee determined that…

U.S. House leaders are calling on CrowdStrike CEO George Kurtz to testify before Congress about the cybersecurity company’s role in triggering a widespread technology outage that grounded flights, took bank and hospital systems offline and affected services.July 22, 2024 2:51 PM ET• 2 min readWASHINGTON — U.S. House leaders are calling on CrowdStrike Inc. Chief Executive Officer George Kurtz to testify before Congress about the cybersecurity company’s role in triggering a widespread technology outage that grounded airline flights, took bank and hospital systems offline and affected services around the world.CrowdStrike said this week that a “significant number” of the millions…

Mexico is looking to the United States and Asian fuel markets to boost gasoline and diesel imports in 2024 and 2025 as it struggles to start up the country’s newest refineries, traders told Reuters.The Olmeca refinery, also known as Dos Bocas, is a flagship project of outgoing Mexican President Andres Manuel Lopez Obrador, who aims to reduce Mexico’s reliance on fuel imports from the United States. But the 340,000 barrels per day refinery has suffered multiple delays and budget overruns and is now estimated to require twice the investment originally budgeted for — originally budgeted for $8 billion — and…

LOS ANGELES (AP) — Hollywood video game performers said they would strike Thursday, bringing another round of walkouts across the entertainment industry after talks for new contracts with major game studios collapsed over protections for artificial intelligence. The walkout, the second by video game voice and motion-capture performers under the jurisdiction of the Screen Actors Guild and the American Federation of Television and Radio Entertainers, begins at 12:01 a.m. Friday. The move comes after nearly two years of negotiations over a new interactive media contract with gaming giants that include Activision, Warner Bros. and a division of Walt Disney. SAG-AFTRA…

Mumbai, July 18, 2024: S. P. Jain Institute of Management and Research (SPJIMR), Bharatiya Vidya Bhavan, recognized as India’s No.1 Business School by Financial Times’ MiM Global Rankings, has partnered with Coursera to launch its first-ever asynchronous program in Data Analytics under Massive Open Online Courses (MOOCs). The move is in line with the Indian government’s push towards e-learning and digital education. The Data Analytics MOOC will provide future data analysts and business professionals with a comprehensive understanding of working with data in a business context. Participants will gain knowledge on how to use probability, sampling techniques, predictive analytics, descriptive…

Following his VR debut with Death Game Hotel, SWERY wants to create “a multiplayer experience that no one has seen before.” It’s been two weeks since the arrival of Death Game Hotel on Quest, a gambling puzzle horror game that was recently reviewed as having “excellent multiplayer.” While it’s White Owls Inc.’s debut VR game, it’s not Hidetaka “SWERY” Suehiro’s first time exploring virtual reality, following a 2017 VR experiment and a cancelled food-themed PSVR game. In an email interview with UploadVR, White Owls’ CEO revealed that Death Game Hotel was conceived during the COVID-19 pandemic in 2020. White Owls…

Alvin Lang July 26, 2024 12:54 According to Bitfinex, there are rumors that President Trump may propose Bitcoin as a strategic reserve asset, potentially influencing global cryptocurrency regulation and policy. Rumors are circulating that former President Donald Trump may announce his intention to make Bitcoin the strategic reserve asset of the United States, a move that could have a major impact on the crypto world. The decision, which may be revealed at the 2024 Bitcoin Conference in Nashville, according to Bitfinex, has the crypto community excited. The aim is to use Bitcoin’s decentralized and…

Taipei, July 26 (CNA) The establishment of an artificial intelligence (AI) computing center by a consortium of Taiwanese companies was announced Friday, aiming to boost the island’s AI capabilities.The AI ​​Computing Center (AICC) will be the “first in Asia” to use Nvidia’s H200 AI chip, which has 1.43 times the computing power of the H100 chip, and an advanced liquid cooling system provided by AI infrastructure solutions provider Supermicro, ENLight Corp. Chairman Lin Yi-shan said at a press conference in Taipei.Lin said the AICC will officially begin operations in the fourth quarter of 2024 with 64 servers, which will be…

Toyota, the world’s largest automobile company, plans to integrate Ethereum blockchain technology into its future vehicle development. The Japanese multinational company’s goal is to provide a blockchain account for every car it produces, in line with the Mobility 3.0 concept. If this collaboration really works out, Ethereum could power a network of millions of vehicles with its own blockchain-linked services. This is an exciting opportunity to deploy this technology on a global scale in a coordinated way. Let’s take a look at all the details below. Toyota is considering the possibility of using the Ethereum blockchain in the technical design…