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Why is bitcoin plunging?
Why is bitcoin plunging?
by  AFP

The value of bitcoin has fallen sharply since reaching record heights last month, briefly falling below $90,000 on Tuesday compared with above $126,000 at the start of October. - Bitcoin lost one quarter of its value between striking the early October record and falling under $90,000 on Tuesday.

South Africa to host G20 summit boycotted by US
South Africa to host G20 summit boycotted by US
by  AFP

South Africa will host the G20 summit this weekend, aiming to secure commitments on debt relief for developing countries and to tackle global inequalities as the United States boycotts the event.

Asian markets bounce as Nvidia takes centre stage amid AI bubble fears
Asian markets bounce as Nvidia takes centre stage amid AI bubble fears
by  AFP

Asian investors battled Wednesday to kickstart a recovery in equities following the latest stagger across world markets that has been caused by worries over an AI-fuelled bubble and uncertainty over US interest rates. Also in sight this week is the planned release of key US data, particularly on jobs creation, which will be closely read over for an idea about the Fed's plans for interest rates.

India's Bollywood battles paid reviews and fake sale claims
India's Bollywood battles paid reviews and fake sale claims
by  AFP

India's $60-billion Bollywood industry is facing a deepening credibility crisis, as insiders warn that manipulated film reviews and inflated box office numbers are distorting public perception, ultimately hurting ticket sales. Experts warn that falsifying box office data has lasting consequences, from inflated star salaries to shrinking opportunities for new talent.

Ultra-processed foods a rising threat to health: researchers
Ultra-processed foods a rising threat to health: researchers
by  AFP

Researchers warned Wednesday that rising global consumption of ultra-processed foods (UPFs) poses a major threat to health, calling for countries to subject some products made by huge food companies to marketing restrictions and taxes.

Germany hopes new data centre can help bring 'digital sovereignty'
Germany hopes new data centre can help bring 'digital sovereignty'
by  AFP

A new mega data centre is slated to rise in a rural stretch of eastern Germany in what backers hope is a starting point for a European AI sector that can compete with the United States and China. "It's certainly a step in the right direction," said Barbara Engels, a researcher at the Cologne Institute for Economic Research, "but we're still far behind the United States and China".

Cloudflare bug takes chunk of web offline
Cloudflare bug takes chunk of web offline
by  AFP

Major websites including social network X and AI chatbot ChatGPT were disrupted on Tuesday after US online services provider Cloudflare said it had been affected by a "latent bug".