Microsoft Makes A Massive $80B AI Bet to Dominate the Next Tech Revolution
Microsoft (NASDAQ: MSFT) announced plans to allocate $80 billion to AI-focused data center construction during fiscal year 2025 in a step that underscores its ambitions in artificial intelligence. Vice Chair and President Brad Smith framed the move as an essential investment in the future of AI. “Today, the United States leads the global AI race […]
Perpetua Resources Receives US Forest Service Approval For Stibnite Gold Project After 8 Year Process
Perpetua Resources (TSX: PPTA) has finally received federal approval for its Stibnite Gold Project in Idaho. The approval comes from the United States Forest Service, who authorized the mine plan for the project via a Final Record of Decision. With the approval in hand, which took eight years to obtain, the company will now move […]
Vizsla Silver Reports 222.4 Million Silver Equivalent Measured & Indicated Ounces At Panuco In Latest Resource Estimate
Vizsla Silver (TSX: VZLA) has started the year off strong with an updated mineral resource estimate for its flagship Panuco project in Sinaloa, Mexico. The update has resulted in a substantial 43% increase in measured and indicated mineral resources at the project, following the conversion of inferred resources to indicated. The update has seen the […]
Haley Breaks with Trump Over TikTok Ban Reversal
Former Republican presidential candidate and Trump administration ambassador Nikki Haley publicly challenged President-elect Donald Trump’s stance on TikTok Saturday, warning that reversing the app’s potential ban would benefit China’s interests. “If the TikTok ban is reversed, with the Chinese Communist Party still in control of it, it will be the first of many wins for […]
Volkswagen Invests in Patriot Battery Metals
Lithium is back baby! Well, maybe not. The price of the mineral is still in the dumps, and the EV trade isn’t going exactly as planned. But there is this. Volkswagen, the second largest automaker globally by production numbers, has made a substantial investment in Canada-based lithium explorer Patriot Battery Metals (TSX: PMET). While we […]
Unverified Online Reports of Health Crisis in China Spark Concerns
Recent social media reports have claimed that China is experiencing a severe health crisis, with hospitals and crematoriums overwhelmed by multiple viruses, including Influenza A, Human Metapneumovirus (HMPV), Mycoplasma pneumoniae, and COVID-19. Some posts even allege that the Chinese government has declared a state of emergency. However, these assertions lack official confirmation and are not […]
Simply Solventless Buys An Asset For… Free?
Simply Solventless (TSXV: HASH) has seemingly managed to pull one more rabbit out of the hat before the conclusion of 2024. The company on Monday revealed that it would be acquiring Delta 9 Bio-Tech, the wholly owned subsidiary of Delta 9 Cannabis for.. well, basically nothing. How did they manage to do this? Lets dive […]
Beijing Further Cracks Down on American Defense Firms Over Taiwan Arms Sales
China has announced sweeping export restrictions on 28 U.S.-based defense contractors and related entities, escalating tensions with Washington amidst ongoing disputes over Taiwan. The Chinese Ministry of Commerce issued a statement on Thursday detailing the sanctions, which are designed to “safeguard national security and interests” and will take immediate effect. The companies targeted by Beijing, […]
Tether’s Top Lawyer Departs as Crypto Giant Faces Growing Scrutiny
Stuart Hoegner, a key figure in the cryptocurrency world and the longtime general counsel for Tether and Bitfinex, has stepped down after nearly a decade at the helm of legal operations for the controversial stablecoin issuer and its affiliated crypto exchange. The departure, confirmed through an update to Hoegner’s X (formerly Twitter) profile and the […]
20 Labour Councillors Quit to Protest Starmer’s Leadership
20 Labour councillors from Broxtowe Borough Council resigned from Prime Minister Keir Starmer’s party on Wednesday, declaring they “can no longer be in a party that has abandoned traditional Labour values.” The mass resignation, led by council leader Milan Radulovic, a party member of more than 40 years, has cost Labour control of the Broxtowe […]