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Industry
FAW Toyota denies rumours of price collapse and China exit
Toyota's China joint venture FAW Toyota has denied rumours of large-scale price cuts and a withdrawal from the China market. Citing Electrek, the company said online claims of a complete exit and deep discounting were untrue. FAW Toyota said production and sales of all models and follow-up model development plans were proceeding as scheduled, and it reserved the right to take legal action over false information.
AI & Enterprise
Red Hat, IBM fix over 400 previously unknown open-source flaws via Lightwell
Red Hat and IBM said on Tuesday they found and fixed more than 400 previously unknown vulnerabilities in Java libraries through Lightwell, a security infrastructure they provide to deliver safer open-source software. They also backported the fixes so they can be applied to earlier versions. Red Hat said the effort shows long-used codebases need continuous management as threat environments change. The companies also launched Lightwell Clearinghouse for customer requests.
Industry
AI drives U.S. power demand to record highs, outlook shows
U.S. electricity demand is expected to set consecutive records in 2026 and 2027, driven by expanding AI data centres, growing cryptocurrency infrastructure and electrification of heating and transport, according to an outlook cited by Cryptopolitan. The U.S. Energy Information Administration forecast demand rising from 419.5 billion kWh in 2025 to 435.6 billion kWh in 2027. It also expects higher wholesale power prices in 2026, with regional differences.
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Crypto
Binance sees biggest bitcoin outflow since June 2023 as whales send stablecoins
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Crypto
Ethereum 'Glamsterdam' test run steps up push to improve layer 1 scalability
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Industry
SpaceX valued at $2.3 trillion but still undervalued, Morgan Stanley reaffirms $300 target
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AI & Enterprise
Mirror Particle bets on human behavior prediction model instead of LLM
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Crypto
Bitcoin spot ETFs post $89.9 million net outflow, snapping two-day inflow streak
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AI & Enterprise
Bryan Johnson shifts focus from 'immortality' to disease treatment, says best anti-ageing therapy is filters
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Crypto
Bitcoin rose after last three U.S. midterms, but 2018 saw sharp post-election drop
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AI & Enterprise
Anthropic to spend $100 million to train customer engineers directly
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Crypto
Circle CEO welcomes DJ Khaled to 'Team USDC', stirring backlash in crypto community
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Telecommunications & Media
Russia to double internet censorship budget, targets 92 percent VPN blocking
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AI & Enterprise
Google releases Nano Banana 2.1 with 4K support and half price
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AI & Enterprise
Line Plus launches 'Wannable AI' for Amazon sellers
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Finance
Shinhan Bank partners with Yonsei holdings to back innovative startups
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Industry
MBK cancels 2.4 million Homeplus shares without compensation, wiping out 2.5 trillion won stake
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Crypto
Government to tighten tracking of cross-border digital asset transfers