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LKAB facility in Kiruna, Sweden. The company announced on January 12 that it had discovered Europe’s largest known deposit of rare earth elements there.Jonas Ekstromer | AFP | Getty ImagesThe ripple effects of Europe’s growing demand for raw materials are spreading all the way to Sweden’s far north. Thousands of residents and buildings in Kiruna, a city located 145 kilometers (90 miles) north of the Arctic Circle, have been uprooted. This relocation project is considered one of the most radical urban transformations in the world.Kiruna is being physically displaced due to land subsidence caused by the expansion of the vast…
Japan’s SoftBank Group logo at its headquarters in Tokyo, November 21, 2025. Kazuhiro Nogi | AFP | Getty ImagesShares of data center investment firm Digital Bridge soared as much as 50% in pre-market trading on Monday following Japanese media coverage. Softbank is in talks to acquire a New York-listed company.Bloomberg reported, citing unnamed sources, that SoftBank could announce the deal as early as Monday.CNBC reached out to representatives from SoftBank and Digital Bridge. Both companies declined to comment when contacted by Bloomberg.DigitalBridge stock peaked 50% higher around 4:20 a.m. ET and was last up 40%. The stock price has increased…
Rheinmetall MAN military vehicle in Donetsk Oblast, Ukraine, November 20, 2024.Yan Dobronosov | Global Images Ukraine | Getty ImagesLONDON — European stock markets started the last trading week of the year largely flat.The pan-European Stoxx 600 index rose 0.07% at the market open, hitting an intraday high.british FTSE The index started slightly higher, but France’s CAC40German dachshund and italian FTSE MIB It was slightly lower. European defense stocks fell in morning trading following weekend peace talks between President Donald Trump and Ukrainian President Volodymyr Zelenskiy. Leonardo’s share price fell 3.9%, while Kongsberg, Hensoldt, Rheinmetall and Saab each fell 2-3%. The…
This photo taken on February 2, 2024 shows Lu Yu, head of product management and operations for OneTalk, an artificial intelligence chatbot developed by Chinese tech company Baidu, showing the profile of his virtual girlfriend on his mobile phone at Baidu’s headquarters in Beijing.Jade Gao | AFP | Getty ImagesBEIJING – China plans to restrict artificial intelligence-powered chatbots from influencing human emotions in ways that could lead to suicide or self-harm, according to draft regulations released on Saturday.The regulations proposed by the Cyberspace Administration target what the agency calls “human-like conversational AI services,” according to a translation of a Chinese…
Lenovo partners with AKT II and Mamou-Mani to imagine the data center of the future: Data Center SpaJames Cheung, Mamou-Mani PartnerArtificial intelligence is advancing at breakneck speed, forcing us to rethink how the power-hungry servers behind the boom can coexist with and be less affected by the environment.Data centers form the backbone of the Internet and power nearly all digital services. However, these facilities require large amounts of energy and water and are often considered an eyesore and burden to the communities that house them. As AI workloads increase within facilities, pressure on the power supply chain increases.Simone Larson, Lenovo’s…
Major payments and technology companies are rushing to build out the infrastructure they see as the next evolution in global commerce: artificially intelligent agents that can perform searches, compare prices, and make purchases on behalf of consumers. This trend, known as “proxy commerce,” reflects consumers’ increased reliance on chatbots for everyday tasks, such as searching for products and transactions online. However, until recently, these tools lacked important functionality. Shoppers could search and compare within the chatbot, but needed to leave the interface to complete their purchase. Payment giants like Visa and Mastercard say things are changing. Over the past year,…
China’s military announced on Monday that it would mobilize its army, navy, air force and rocket forces around Taiwan for “large-scale military exercises” aimed at sending a “serious warning” against any movement for Taiwan’s independence or interference by “external” armed forces on the island. The exercise, dubbed “Mission of Justice-2025,” will test combat readiness and “blockade and control of major ports and critical areas,” China’s Eastern Theater Command said. According to information released by the command, live fire operations will be carried out in five sea and air areas surrounding the island. Taiwan’s government condemned the exercise, accusing China of…
I spent seven years researching high-achieving students and interviewing hundreds of students and their families.Many young people I met said they monitor their grades, rankings, and resumes, as if they were constantly evaluating their worth. Grades played a big role in some families, and some children wondered if their parents’ love had something to do with their high grades.A culture of achievement promises to open doors, suggesting that better grades and a better college degree guarantee a better future. But a growing body of research shows that this constant pursuit can breed perfectionism, a trait that can lead to higher…
U.S. President Donald Trump and Ukrainian President Volodymyr Zelenskiy shake hands during a press conference after their lunch meeting at President Trump’s Mar-a-Lago resort in Palm Beach, Florida, on December 28, 2025.Jonathan Ernst | ReutersPresident Donald Trump on Sunday said progress has been made in negotiations to end the Russia-Ukraine war after meeting with Ukrainian President Volodymyr Zelenskiy in Florida, but acknowledged thorny territorial issues remain.”I think we’re very close. Maybe very close,” Trump told reporters after leaving the meeting.In his remarks, Zelensky said the peace talks were “really great discussions” in which U.S. and Ukrainian security were “100% agreed…
An overview of the logo of South Korean online delivery service Coupang on December 9, 2025, in the building that houses the company’s headquarters in Seoul.Jung Young Jae | AFP | Getty ImagesSouth Korean online retail giant Coupang has announced that it will compensate 1.69 trillion Korean won ($1.17 billion) to 34 million users affected by a massive data breach revealed last month.The company announced in a statement on Monday local time that it plans to provide customers with purchase vouchers worth a total of 50,000 won for various Coupang services.Former customers who closed their Coupang accounts after the data…