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China's EV Giant BYD Misses Earnings, Enters Brutal New Phase Of Competition
China's EV Giant BYD Misses Earnings, Enters Brutal New Phase Of Competition
BYD is entering a tougher phase after releasing weaker-than-expected financial results and signaling growing pressure in China’s electric vehicle market, according to Bloomberg. Chairman Wang Chuanfu described the current environment as having “reached a fever pitch, and is undergoing a brutal ‘knockout stage.’”
The company’s stock fell at the opening of trading in Hong Kong, reflecting investor concerns. Its latest quarterly results showed a sharp drop in profitability, with earnings and revenue both missing forecasts. This downturn followed a...
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Mar 23, 2026 / Dave DeCamp
‘Unprecedented’ US-Israeli Strikes Reported in Tehran Despite Trump’s Talk of Diplomacy
An Al Jazeera correspondent based in Tehran reported “unprecedented” US-Israeli strikes on the Iranian capital on Monday despite President Trump’s insistence that progress was being made toward a diplomatic solution, a claim Iranian officials have rejected. The Israeli Air Force announced that it was conducting a “wave” of airstrikes across Tehran and that it bombarded […]
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Feb 18, 2026 / Tyler Durden
Watch: Macron Calls Free Speech Online 'Pure Bullshit'
Watch: Macron Calls Free Speech Online 'Pure Bullshit'
French President Emmanuel Macron on Wednesday said that the notion of free speech on social media platforms - is "pure bullshit," because algorithmically served content can lead to hate speech (such as the right to say his elderly wife has a penis and gives him black eyes).
The comments come after the US recently imposed bans on a former European official and pro-censorship activists for trying to police online speech, while US Secretary of State Marco Rubio justifies the moves as pushback against the...
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Mar 23, 2026 / Tyler Durden
White House Reaches Tentative Crypto Regulatory Agreement: Report
White House Reaches Tentative Crypto Regulatory Agreement: Report
Authored by Micah Zimmerman via BitcoinMagazine.com,
Key senators and the White House have reached a tentative agreement on cryptocurrency legislation aimed at resolving a dispute between banks and digital asset firms over stablecoin yields, according to Politico reporting.
The move could clear the way for a landmark crypto regulatory bill stalled in the Senate Banking Committee since January.
Sen. Thom Tillis (R-N.C.) and Sen. Angela Alsobrooks (D-Md.) said Friday they have an “agreement in principle” on language intended to balance innovation with financial stability.
The legislation...
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