Author: GT

BP logo is seen at a gas station in this illustration photo taken in Poland on March 15, 2025.Nurphoto | Nurphoto | Getty ImagesOil giant BP has been thrust into the spotlight as a prime takeover candidate — but energy analysts question whether any of the likeliest suitors will rise to the occasion.Britain’s beleaguered energy giant, which holds its annual general meeting on Thursday, has recently sought to resolve something of an identity crisis by launching a fundamental reset.Seeking to rebuild investor confidence, BP in February pledged to slash renewable spending and boost annual expenditure on its core business of…

Neptune is one of the newest short-form video apps on the block seeking to compete with major players like TikTok, Instagram Reels, and YouTube Shorts.  The app, currently in beta, has attracted attention from hundreds of thousands of users, with 970 testers participating and 400,000 people on the waitlist, per the company. Neptune announced Monday that it’s preparing to launch the app on the App Store next week, with plans to roll out on the Google Play Store in about six months. The startup was founded by Ashley Darling, who has a background as a talent director at the OPTYX…

The Trump trade war has gone viral on TikTok, pushing a Chinese e-commerce app, DHgate, to the top of the U.S. App Store. After Trump increased U.S. tariffs on Chinese imports by 145%, numerous Chinese suppliers and manufacturers began making TikTok videos explaining to consumers how the global luxury goods market actually works. The clothing, handbags, and other accessories that many people assumed were made in Europe originate from factories in China, the videos explain. As a result of the trend, the Chinese wholesale marketplace app DHgate surged to become the No. 3 top free iPhone app in the U.S.…

On Monday, Apr 15, President Donald Trump stated he may permit temporary exemptions to tariffs on imported vehicles and parts to allow more time for automobile manufacturers to shift production to the United States. Since Trump’s ongoing trade actions have increased costs and disrupted supply chains, the timing for potential relief could not be better for Detroit’s champions—Ford, GM, and Stellantis. “They need a little bit of time,” Trump said from the Oval Office. “They’re switching to parts made in Canada, Mexico, and other places, and they’re going to make them here.” While the President did not indicate how long…

Shared micromobility company Lime has reached an agreement to send batteries used in its scooters and e-bikes to Redwood Materials, which will extract and recycle critical minerals such as lithium, cobalt, nickel, and copper. The agreement announced Monday makes Redwood Materials the exclusive battery recycling partner for Lime’s shared scooters and e-bikes located in cities throughout the United States, Germany, and the Netherlands. The agreement doesn’t cover every region in which Lime operates, a list that includes cities throughout Europe, Asia, and Australia. Lime has had other recycling partnerships in the past, notably with Sprout via its downstream vendors. However,…

Bitcoin ETFs have faced persistent outflows throughout April, with investors pulling money from the products despite the recent price recovery, according to data from U.K.-based asset manager Farside Investors. The outflows have been nearly consistent across the month, with all but one day in April recording outflows from the various Bitcoin ETFs. Total April outflows reached $812.3 million as of Friday, with BlackRock’s iShares Bitcoin Trust (IBIT) leading the exodus at $393.2 million withdrawn. The Grayscale Bitcoin Trust ETF (GBTC) has also experienced large outflows, with $256.4 million leaving the fund during this period, according to Farside. The Fidelity Wise…

Not even Pokémon is safe from AI benchmarking controversy. Last week, a post on X went viral, claiming that Google’s latest Gemini model surpassed Anthropic’s flagship Claude model in the original Pokémon video game trilogy. Reportedly, Gemini had reached Lavender Town in a developer’s Twitch stream; Claude was stuck at Mount Moon as of late February. Gemini is literally ahead of Claude atm in pokemon after reaching Lavender Town 119 live views only btw, incredibly underrated stream pic.twitter.com/8AvSovAI4x — Jush (@Jush21e8) April 10, 2025 But what the post failed to mention is that Gemini had an advantage. As users on…

Bitcoin (BTC) drifted ever so gently upwards Monday as the broader market adjusts favorably to trade-related news. The largest cryptocurrency was up 1.6% in the last 24 hours and is now trading just shy of $85,000. Ether (ETH), meanwhile, rose 2.7% in the same period of time to $1,630. The broad-market CoinDesk 20 Index — consisted of the top 20 cryptocurrencies by market capitalization except for stablecoins, memecoins and exchange coins — advanced 1.2%, led by gains in SOL and AVAX. After a couple of wild weeks, the stock market also edged higher today, the Nasdaq closing with a 0.6%…

As robotics has advanced, industry has steadily adopted more robots to automate away many kinds of grunt work. More than 540,000 new industrial robots were installed worldwide in 2023, taking the number of total industrial robots active to above 4 million, per IFR. Industrial robots typically excel at repetitive tasks, but they find it challenging to perform precise tasks, handle delicate materials, and adjust to changing conditions — a robot in a restaurant’s kitchen would get in the way more than be helpful, for example. That is why many industrial processes are still manual. South Korean startup RLWRLD aims to…

Nvidia plans to manufacture its next generation of AI chips and supercomputers entirely in the U.S. for the first time, the company said in a statement on Monday. The move reflects rising demand for AI infrastructure and a broader push to localize advanced tech manufacturing — one that could also benefit crypto miners repurposing their facilities for AI and high-performance computing (HPC). Many of these operators already have access to the large-scale power and cooling systems needed for data center operations, making them potential players in the growing AI economy. Crypto miners, once singularly focused on hashing power, are increasingly…