Author: i2wtc

The logo of the cryptocurrency Bitcoin can be seen on a coin in front of a Bitcoin chart.Silas Stein | Picture Alliance | Getty ImagesBitcoin hit a fresh record on Wednesday afternoon as an Nvidia-led rally in equities helped push the price of the cryptocurrency higher into the stock market close.The price of bitcoin was last up 1.9%, trading at $110,947.49, according to Coin Metrics. Just before 4:00 p.m. ET, it hit a high of $112,052.24, surpassing its May 22 record of $111,999.The flagship cryptocurrency has been trading in a tight range for several weeks despite billions of dollars flowing…

Boxes of various Kellogg’s cereals are displayed on shelves at a Walmart Supercenter on May 6, 2025 in Austin, Texas. Brandon Bell | Getty ImagesShares of WK Kellogg soared more than 50% on Wednesday following a report that chocolate maker Ferrero is close to a roughly $3 billion deal to buy the cereal company.The Italian company known for its circular hazelnut chocolates could finalize an acquisition of the legacy breakfast foods business as soon as this week, The Wall Street Journal reported, citing people familiar with the matter.WK Kellogg, which makes U.S. childhood staples such as Froot Loops and Frosted…

An aerial drone photo shows an exterior view of the venue for the 11th Nishan Forum on World Civilizations in Qufu, east China’s Shandong Province, July 9, 2025. (Xinhua/Zhu Zheng)JINAN, July 9 (Xinhua) — Scholars and experts from around the world convened Wednesday in Nishan, Shandong Province, for two days of dialogue and cultural exchange, aiming to deepen mutual understanding among civilizations and explore shared solutions for global development.The Nishan Forum on World Civilizations has drawn more than 560 guests from over 70 countries to this historic site, where Confucius, the esteemed philosopher and educator, was born in 551 B.C.…

Listen to article State Bank of Pakistan (SBP) Governor Jameel Ahmad said on Wednesday that the bank is preparing to launch a pilot project for a digital currency and is finalising legislation to regulate virtual assets, as the country ramps up efforts to modernise its financial system. Central banks globally are exploring the use of digital currencies as interest in blockchain-based payments grows. Pakistan’s move follows similar steps by regulators in China, India, Nigeria and several Gulf states to test or issue digital currencies through controlled pilot programmes. At the Reuters NEXT Asia summit in Singapore, Ahmad said Pakistan was “building up…

The letters AI, which stands for “artificial intelligence,” stand at the Amazon Web Services booth at the Hannover Messe industrial trade fair in Hannover, Germany, on March 31, 2025.Julian Stratenschulte | Picture Alliance | Getty ImagesAmazon said Wednesday that its cloud division has developed hardware to cool down next-generation Nvidia graphics processing units that are used for artificial intelligence workloads.Nvidia’s GPUs, which have powered the generative AI boom, require massive amounts of energy. That means companies using the processors need additional equipment to cool them down.Amazon considered erecting data centers that could accommodate widespread liquid cooling to make the most…

U.S. President Donald Trump answers questions during a multilateral lunch with African leaders in the State Dining Room of the White House July 9, 2025 in Washington, DC. Win McNamee | Getty ImagesPresident Donald Trump said Wednesday the U.S. will slap a 50% tariff on Brazil’s imports starting Aug. 1, partly in retaliation for the ongoing prosecution of the country’s former president, Jair Bolsonaro.Trump said in a letter that the new tariff — a massive jump from the 10% rate the U.S. imposed on Brazil in early April — is also a response to the “very unfair trade relationship” between…

Astronauts Cai Xuzhe (C), Song Lingdong (R) and Wang Haoze from China’s Shenzhou-19 crewed mission salute during a press conference in Beijing, capital of China, July 9, 2025. The three astronauts met the press on Wednesday, their first public appearance after returning to Earth in April. (Xinhua/Li Yanchen)BEIJING, July 9 (Xinhua) — The three astronauts from China’s Shenzhou-19 crewed mission met the press in Beijing on Wednesday, their first public appearance after returning to Earth in April.Astronauts Cai Xuzhe, Song Lingdong and Wang Haoze are in good physical and mental health and their medical examination results are all normal. Their…

Listen to article ISLAMABAD: The Chinese Air Force Chief on Tuesday praised Pakistan Air Force’s (PAF) exemplary performance in the recent Pakistan-India conflict and expressed interest in learning from PAF’s battle-proven experience in multi-domain operations. Leading a high-level defence delegation led by Lt-Gen Wang Gang, Chief of Staff of People’s Liberation Army Air Force, visited the Air Headquarters in Islamabad to meet Air Chief Marshal Zaheer Ahmed Baber Sidhu, Chief of the Air Staff. The visit of the top Chinese air force officer came two months after Pakistan shot down six Indian fighter jets, including three highly-advanced French-made Rafale. The story made…

Linda Yaccarino on Wednesday announced she is stepping down as CEO of Elon Musk’s social media site X after two years in the role.Yaccarino’s departure comes one day after Musk’s artificial intelligence chatbot Grok repeatedly made antisemitic comments and referenced Hitler in response to posts about the Texas flooding.Grok is built by Musk’s company xAI, which merged with X in March in an all-stock transaction that values the AI company at $80 billion and the social media company at $33 billion.”When @elonmusk and I first spoke of his vision for X, I knew it would be the opportunity of a lifetime…

Reverend Alberto Rojas, Bishop of the Diocese of San Bernardino Ordaining Prelate and Principal Celebrant, leads the Ordination to the Priesthood mass at St. Paul the Apostle Catholic Church in Chino Hills on Saturday, May 20, 2023.Will Lester | Medianews Group | Getty ImagesA Catholic bishop in California has issued a rare decree allowing parishioners to miss Mass due to fears of raids by U.S. Immigration and Customs Enforcement.Bishop Alberto Rojas of the Diocese of San Bernardino wrote that “such fear constitutes a grave inconvenience that may impede the spiritual good of the faithful.”Catholic bishops have occasionally granted Mass exemptions…