US Bans Imports of Foreign Advanced Robots, Hitting China's Unitree
The FCC announced a ban on imports of advanced robots and power inverters from foreign countries, targeting China and affecting humanoid robot makers like Unitree.
Fintech News and Analysis
Bitcoin Drops as Chinese AI Model Kimi K3 Outperforms Claude and GPT
Bitcoin and major cryptocurrencies fell after China's Moonshot AI released Kimi K3 for free, topping coding benchmarks and triggering a sell-off in semiconductor stocks.
Chinese AI Startup Moonshot Triggers Global Tech Selloff
A surprise breakthrough by Chinese AI startup Moonshot sparked a broad selloff in technology stocks as investors question the sustainability of massive industry spending.
New macOS Malware Steals Telegram Credentials and Targets Crypto Wallets
Blockchain security firm SlowMist has identified new macOS malware that steals Telegram credentials and crypto wallet data.
Moonshot to Release Kimi 3, China's Largest Open-Source AI Model with 2-3 Trillion Parameters
Moonshot AI is set to launch Kimi 3, an open-source model with 2-3 trillion parameters, claiming it rivals Anthropic's Opus 4.8.
Visa Launches Open USD Stablecoin Platform to Rival Circle
Visa unveiled a stablecoin platform enabling banks and fintechs to issue and settle digital dollars through its payment network.
Stripe and Advent Reportedly Bid $53.4 Billion for PayPal in Landmark Fintech Play
Stripe and Advent International have reportedly submitted a $53.4 billion offer to acquire PayPal, a deal that could reshape global digital payments.
Apple Sues OpenAI Alleging Systematic Trade Secret Theft
Apple's lawsuit against OpenAI for alleged trade secret theft threatens the AI company's hardware ambitions before the case reaches a verdict.