Austin Financial News

If the foreign exchange market starts using DeFi protocols instead of the current centralized systems, the cost of remittances could be reduced by “as much as 80%,” according to a Jan. 19 paper jointly published by researchers at Circle and Uniswap.

Tesla Inc. is seeking approval to offer ride-hailing services in California, a key step by Elon Musk’s company to begin carrying paying customers while its traditional car-selling business falters.

Subscribe to enjoy similar stories. Waymo will test its self-driving taxis with trained human autonomous specialists behind the wheel. Waymo is preparing to test its self-driving taxis in more than 10 new cities across the U.S.

Tesla’s fourth-quarter adjusted profits rose slightly amid a big push to sell its electric vehicles with offers of zero financing and other incentives, but the results still fell short of Wall Street forecasts

The Substance" to "Anora" and «Wicked». Last year was a high-water mark for modern movies. And despite exaggerated reports of its death, Hollywood survived and prospered in 2024. This year, there was no «Barbenheimer» (a merging of «Barbie» and «Oppenheimer») to break box-office records, but we did come close with «Glicked,» a combo of «Gladiator II» and "Wicked."

Israel Defence Minister Israel Katz told his U.S. counterpart Lloyd Austin in a phone call on Wednesday there was now a chance for a new deal that would allow the return of all the hostages, including U.S. citizens, Katz's office said. A Western diplomat in the region, however, said a deal was taking shape, but it would likely be limited in scope, involving the release of only a handful of hostages and a short pause in hostilities.

U.S. Defense Secretary Lloyd Austin has met with officials in Japan to reaffirm the importance of their alliance and Washington's commitment to regional security as threats rise from China and North Korea

Subscribe to enjoy similar stories. When Tesla’s manufacturing executives gathered in Shanghai this January, some were surprised to see Elon Musk’s long-time aide Omead Afshar in attendance. The forum, hosted by Tesla’s most senior automotive executive, Tom Zhu, was designed to get the company’s global leadership team on the same page about best practices and the rising threat from electric-vehicle makers in China.

Subscribe to enjoy similar stories. “This could be the perfect setting for a murder mystery," chuckled my friend Milena as we drove up to the ornate gates of Dhenkanal Palace, 75km from Bhubaneswar. “Nine guests arrive at a palace for a holiday.

Alphabet's self-driving unit, Waymo, said on Friday it had closed a $5.6 billion funding round led by the Google parent, as it looks to expand its autonomous ride-hailing service. Automakers and technology companies are investing in autonomous ride-hailing services to capitalize on the technology to drive commercial success, even as it faces widespread skepticism and tight regulatory scrutiny. The investment round also saw participation from existing investors including Andreessen Horowitz, Fidelity, Perry Creek, Silver Lake, Tiger Global, and T. Rowe Price, Waymo said.

US Defence Secretary Lloyd Austin said there is evidence that North Korea has sent troops to Russia on Monday, and South Korea's spy chief told lawmakers that 3,000 North Korean troops are in the country receiving training on drones and other equipment before being deployed to battlefields in Ukraine. Austin told reporters Wednesday «What exactly they are doing? Left to be seen. These are things that we need to sort out,» according to a video posted by the Washington Post. If the troops join the war in Ukraine on Russia's side, it will be «a very, very serious issue,» Austin said, adding it would have an impact in Europe and in the Indo-Pacific region. South Korean intelligence first publicized reports that the Russian navy had taken 1,500 North Korean special warfare troops to Russia last week, while Ukrainian President Volodymyr Zelenskyy had earlier said his government had intelligence that 10,000 North Korea soldiers were being prepared to join the invading Russian forces.

underground bunkers used by Yemen's Houthi rebels, officials said. It wasn't immediately clear what damage was done in the strikes. However, it is incredibly rare for the B-2 Spirit to be used in the strikes targeting the Houthis, who have been attacking ships for months in the Red Sea corridor over the Israel-Hamas war in the Gaza Strip.

Ride-hailing leader Uber on Friday announced it will dispatch robotaxis built by driverless technology pioneer Waymo beginning next year in Austin, Texas, and Atlanta in a deal that deepens the bond between once-bitter rivals

Uber on Friday announced it will dispatch robotaxis built by driverless technology pioneer Waymo beginning next year in Austin, Texas, and Atlanta in a deal that deepens the bond between once-bitter rivals. The alliance expands upon a partnership the two companies forged in Phoenix last year, signaling they were ready to set aside their differences and work together following a bruising legal battle revolving around allegations that Uber had stolen Waymo's trade secrets. Uber's increasing reliance on Waymo's robotaxis to supplement the fleet of cars driven by people responding to requests sent on a mobile app comes just a few weeks after it announced plans to deploy driverless cars from General Motors' beleaguered Cruise subsidiary.

AUSTIN, Texas and SEATTLE, Oracle and Amazon Web Services, Inc. (AWS)y announced the launch of Oracle Database@AWS, a new offering that allows customers to access Oracle Autonomous Database on dedicated infrastructure and Oracle Exadata Database Service within AWS.

Sage Regenerative Kitchen & Brewery owner Mollie Engelhart discusses the cost of doing business in California on Cavuto: Coast to Coast.

India and the US have signed a new agreement that will prioritise supply of defence equipment and components to each other to meet urgent national security requirements, even as defence minister Rajnath Singh described the partnership as a «formidable force» for global peace and security. Singh held a meeting with US Secretary of Defense Lloyd Austin in Pentagon, Washington DC, and the two had wide-ranging discussions on bilateral defence cooperation, industrial collaboration, regional security and other international issues.

tennis legend Rafael Nadal announced on Thursday that he will not compete in the 2024 US Open, citing an inability to give his 100 per cent. Nadal, who recently suffered a second-round defeat to Serbia's Novak Djokovic at the Paris Olympics, expressed regret over missing the event. In a post on social media, Nadal said that he has decided not to compete in the upcoming US Open. The Spaniard added he will miss those electric and special night sessions in New York.

Joe Biden's reelection campaign fundraisers are on hold, multiple Democratic sources involved in the events told Reuters on Friday, even as the Democratic Party planned to accelerate his nomination and he vowed to continue in the 2024 race. Biden had planned to raise money in Austin, Denver and California next week, but these plans have been shelved, at least for now, the sources said. The president tested positive for COVID-19 on Wednesday but said Friday he would return to the campaign trail next week. Biden's campaign said his fundraisers would go ahead as planned. «Reuters' sourcing is incorrect, and we look forward to a robust fundraising schedule,» campaign spokesman Kevin Munoz said on Friday.

Billionaire Elon Musk says he’s moving the headquarters of SpaceX and social media company X to Texas from California

Shohei Ohtani remained the top-selling jersey during the first half of the season, followed by Bryce Harper and Aaron Judge

Lloyd Austin visited Cambodia on Tuesday in an effort to reset ties with the staunch China ally.