Enacy Mapakame

6 days ago | cryptopolitan.com | Enacy Mapakame

Stocks faltered in China on Friday on low investor sentiment due to trade uncertainty following a lack of progress between Beijing and Washington on the tariff talks. The US President Donald Trump revealed on Thursday that they were engaged in trade talks with China, but did not give evidence of any progress. Additionally, the Trump administration has shaken up trade waters with another announcement to introduce new fees on Chinese vessels, escalating the geopolitical tensions between the two.

1 month ago | cryptopolitan.com | Enacy Mapakame

Facebook parent company, Meta Platforms has introduced new disclosure requirements for political advertisers asking them to reveal any use of AI in their content ahead of the upcoming Canadian federal elections. This initiative is part of Meta’s broader initiatives to curb misinformation and restore confidence in political communication, at a time Canada is heading for the polls.

1 month ago | cryptopolitan.com | Enacy Mapakame

Starlink users in the UK are having second thoughts about the satellite internet service provider because of its owner Elon Musk’s DOGE role under President Donald Trump’s administration. Since Musk got involved in White House business, he has been instrumental in cutting federal spending as part of the department of government efficiency (DOGE) initiative, which is not going down well with stakeholders of his various businesses including Starlink and Tesla.

1 month ago | cryptopolitan.com | Enacy Mapakame

A distinguished investor at Tesla, Christopher Tsai has expressed concerns about Elon Musk’s role in the Department of Government Efficiency (DOGE) and hopes it does not last long. Musk has played a significant role in cutting federal spending as part of the DOGE initiative under President Donald Trump’s administration.

1 month ago | cryptopolitan.com | Enacy Mapakame

Dow Jones tumbled on Monday as selling pressures that dragged Wall Street last week continued, as investors reacted to President Donald Trump’s comments on a recession due to US tariffs being implemented. According to Investors Business Daily, the Dow Jones Industrial Average tanked as much as 500 points. The loss amounted to 1.2% before moderating to 0.8% in the late morning.