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Wall Street Hits New Highs as Rate Cut Bets Rise Despite Trade Tensions

U.S. stocks rose on Friday, and the S&P 500 and Nasdaq hit record highs. Investor expectations of interest rate cuts increased following poor economic numbers, and news of a rare-earth deal with China lifted trade hopes. But gains were pared when President Trump suspended trade talks with Canada due to its digital tax on American tech companies, reigniting trade fears.
Jun 28, 2025
By Anshul Panda
deepseek app

German Watchdog Challenges DeepSeek App Presence in App Stores, Urges Apple, Google to Take Action

Germany's data regulator has sounded an alarm over DeepSeek, a Chinese AI app hosted on Apple and Google platforms, on the grounds of user activity and privacy. The regulator says the app risks the data of European users falling into the hands of Chinese authorities with no recourse to the law. Apple and Google have now been requested to intervene through the EU's Digital Services Act to take down or regulate the app.
Jun 28, 2025
By Anshul Panda
Google launches Gemma 3n

Google's Launches Gemma 3n to Deliver Smarter, Offline AI to Mobile Devices and Laptops

Google has announced Gemma 3n, a small AI model that can be used on a device, directly on the smartphones, tablets, or computers and doesn't require an internet connection. It supports text, image, audio, and video, and extends men's powerful Al capabilities to everyday devices. A developer-transparent open-weight model, Gemma 3n, ensures that developers can inspect and fine-tune the system and move towards privacy-prioritized on-device AI
Jun 28, 2025
By Anshul Panda
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A Democratic vs a Totalitarian State

A Democratic vs a Totalitarian State

By IBTimes SG Desk
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