Apple CEO Tim Cook (center) speaking alongside Indonesian Minister of Communication and Information Budi Arie Setiadi (right) and Indonesian Minister of Industry Agus Gumiwang Kartasasmita during a press conference after meeting with Indonesia’s President Joko Widodo at the Merdeka Palace in Jakarta on April 17, 2024.Bay Ismoyo | Afp | Getty ImagesIndonesia’s efforts to attract capital from Apple and other tech companies through local investment and manufacturing requirements are not enough to yield long-term gains and may backfire, economists warn. Because of Indonesia’s long-standing local content policies, or “TKDN,” Apple has been unable to sell its latest iPhone model in the…
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Cathie Wood’s ARK ETFs have once again made notable moves in the stock market on Monday, December 16th, 2024, with significant trades that may interest investors. The daily trade report reveals a continued focus on the genomic health sector, with ARK’s largest dollar-value trade being the purchase of 96243 shares of Intellia Therapeutics Inc (NASDAQ:), amounting to $1,241,534. This move is consistent with ARK’s bullish stance on the gene-editing company, as they also acquired shares in the previous trading sessions. Additionally, ARK has increased its holdings in Pacific Biosciences (NASDAQ:) of California Inc (NASDAQ:PACB) by buying 274940 shares, with a…
Fuel fraud has become a growing concern for drivers, with scams like selling regular gasoline as premiums posing both financial and mechanical risks. This deceptive practice, which involves mislabeling regular fuel as higher-grade gasoline, not only misleads consumers but can also cause long-term damage to car engines. Premium gasoline is designed with additives that help keep engines clean and running efficiently, while regular gasoline lacks these benefits. Using the wrong type of fuel repeatedly can result in residue buildup in the engine, leading to clogs, malfunctions, and costly repairs. As this form of fraud becomes more common, drivers must understand…
The gig economy is reshaping how people work, providing flexibility and autonomy to millions of workers while offering businesses agile solutions to their staffing needs. By 2027, freelancers are expected to constitute a significant portion of the global workforce, highlighting a fundamental shift in employment dynamics. This evolution is being driven by technological advancements, changing worker preferences, and an increasing need for cost efficiency among businesses. Fiverr International Ltd. (FVRR), a leading online platform connecting freelancers with businesses, is uniquely positioned to benefit from this trend. Its innovative model simplifies the hiring process, making it an attractive choice for small…
The Chinese government has significantly tightened restrictions on foreign companies, especially semiconductor manufacturers, making it much more difficult to acquire various rare earths and other minerals that are primarily mined and refined in China.Tom’s Hardware and The New York Times reported that China has intensified restrictions on foreign companies and chip manufacturers purchasing rare earth metals since October 1.According to the reports, exporters are now mandated to provide detailed explanations regarding the specific uses of these metals within Western supply chains.Additionally, state-owned enterprises in China are acquiring control over the country’s last two foreign-owned rare earth refining plants, signaling an…
A car battery is essential for powering your vehicle’s electrical systems and providing the energy needed to start the engine. It converts stored chemical energy into electrical energy, ensuring the vehicle’s components operate smoothly. During engine operation, the alternator recharges the battery, preparing it for subsequent starts and powering accessories like lights, radios, and air conditioning when the car is stationary. Without a functioning battery, your car cannot operate reliably. Battery failures can occur for various reasons, often leaving drivers stranded unexpectedly. Understanding the causes of these failures is crucial for maintaining vehicle reliability and avoiding inconvenient breakdowns. Proactive measures,…
Image source: Getty Images Christmas came early for one US growth stock as it joined one of the most exclusive clubs on Wall Street: the trillion-dollar club. It’s now joimed the ranks of Nvidia, Apple, Microsoft and other tech giants as the 10th company globally to reach $1trn. Broadcom (NASDAQ: AVGO) rallied last Thursday (12 December) after posting its Q4 and full-year 2024 results, far outperforming analyst expectations. Revenue for Q4 was $13.1bn, up 47% year on year, while earnings per share (EPS) came in at $1.25 — way ahead of the $1.13 estimated. For 2025, it expects the performance…
Owning a new car is exciting, but it comes with the responsibility of ensuring your vehicle’s longevity and performance. A key aspect of this is properly breaking in your engine, a seemingly small step that greatly affects reliability and lifespan. By following a few essential guidelines, you can set your car up for smooth performance and enjoy it for years to come. Breaking in your engine goes beyond cautious driving; it lays the groundwork for long-term reliability. New engine components need time to adjust and settle for even wear and optimal performance. Proper break-in prevents premature wear and enhances your…
By Luc Cohen and Jack Queen NEW YORK (Reuters) -A judge on Monday ruled that Donald Trump’s conviction for falsifying records to cover up a sex scandal should stand, rejecting the U.S. president-elect’s argument that a recent Supreme Court ruling nullified the verdict, a court filing showed. Trump’s lawyers argued that having the case hang over him during his presidency would impede his ability to govern. He was initially scheduled to be sentenced on Nov. 26, but Justice Juan Merchan pushed that back indefinitely after Trump defeated Democratic Vice President Kamala Harris in the Nov. 5 election. In a 41-page…
Cycling is a popular activity in Australia, offering health benefits and an eco-friendly commuting option. However, like all mechanical systems, bicycles can experience issues, particularly with the drivetrain. One of the most common problems cyclists face is the chain falling off, which can disrupt rides and compromise safety. This article identifies the common causes of chain issues and provides practical solutions to help cyclists maintain a smooth and safe riding experience. Understanding why the chain keeps falling off is key to preventing these issues. By addressing the root causes—such as loose bolts, a stretched or dirty chain, and misaligned derailleurs—cyclists…