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US Mulls Tighter Restrictions on AI Chip Shipments to Chinese Firms, Report


The government in Washington is reportedly considering further limiting China’s access to U.S. processors used in artificial intelligence (AI) applications. The current restrictions, which were introduced last year, allow Chinese companies to source the chips through overseas subsidiaries....

Vivek Ramaswamy Plans to Have Crypto Policy Ready by Thanksgiving


Presidential hopeful Vivek Ramaswamy is working on a crypto policy framework that he aims to finalize by Thanksgiving. The Republican criticized the regulation-by-enforcement approach of U.S. government agencies like the securities regulator under the administration of President Joe Biden and vowed...

Baldur’s Gate 3 Developer Pulls Hotfix Following Save Issues


If you’ve played any amount of Baldur’s Gate 3 lately, you might’ve noticed how frequently the game is getting updates. Well, it turns out that a recent one has caused a bit of an issue, prompting developer Larian Studios to roll back the patch and issue a temporary hotfix to fix the problems...

Saudi Arabia Extends Oil Production Cuts, Further Irking US Officials 


Saudi Arabia announced it will continue limiting oil production through September, extending output reductions that have drawn criticism from Washington. Riyadh Holds Firm on Oil Output Limits Saudi Arabia said Thursday it will keep oil production nearly one million barrels per day below its quota...

Economist Sounds Alarm on US Dollar Losing Reserve Currency Status


An economist with the Heritage Foundation has warned about the potential calamity of the U.S. dollar losing its reserve currency status. He stressed that “The Biden administration has taken so many actions to dethrone King Dollar that it would be difficult to rank them all by their...

Crypto Companies in Japan Get Tax Relief Under Revised Rules


The tax administration of Japan has provided an exemption to companies issuing cryptocurrencies under a revision of the corporate tax rules. A local crypto media report described the move as a step toward improving the business environment for the digital asset sector in the country. Japan...

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