Borderlands 4 Will Feature Substantial Changes For Co-Op Players
Borderlands 4 Will Feature Substantial Changes For Co-Op Players
During PAX East 2025, Borderlands 4 developer Gearbox hosted a panel in which it revealed more details on the upcoming looter-shooter. One of the primary topics of conversation related to quality-of-life changes for co-op, as Gearbox is aiming to address complaints from previous games in the Borderlands series and apply these improvements to the sequel.
While we already know that the game will feature instanced loot for every player, Gearbox boss ****** Pitchford also commented on how Borderlands 4 will have dynamically scaled difficulty for each player in co-op as well, to keep the game fairly challenging. Other big upgrades include a completely revamped lobby system, drop-in and drop-out co-op, and best of all, fast-travel to friends. Borderlands 2 is currently on GameSpot’s list of the best co-op games, and while Borderlands 3 featured several improvements on this part of the gameplay experience, it wasn’t a dramatic leap forward.
“Co-op is a religion to us. If you play co-op, it is best-in-class co-op by far,” Pitchford said. “We have revamped the lobby system so it’s easier than ever to connect with people, easier to get into a co-operative game. It’s drop-in and drop-out, none of this play for three hours and then you can start co-op. No, just get in, people can drop in and drop out.”
The panel also touched on a few other topics, like the revamped loot chase–expect far fewer Legendary-class weapons in comparison to Borderlands 3–and the other two Vault Hunters joining Vex and Rafa were also revealed. In case you don’t want to play as a Siren or a Tediore Exo-soldier, you can also choose to experience the game as Harlowe the Gravitar or Amon the Forge Knight.
Borderlands 4 will launch for PC, PS5, Xbox Series X|S, and Switch 2 on September 12, but amidst soaring video game prices, not even Pitchford knowswhat it will cost when it arrives or if it’ll be an $80 game like Mario Kart World and upcoming Xbox Series X|S first-party titles.
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Italian bank signs 10-year deal with Google Cloud
Italian bank signs 10-year deal with Google Cloud
UniCredit has signed a 10-year agreement with Google Cloud to “accelerate” its digital transformation by tapping into the supplier’s cloud, artificial intelligence (AI) and data analytics capabilities.
UniCredit will migrate “large sections” of its “application landscape”, including legacy systems, to Google’s Cloud platform across its banking operations in 13 countries.
The bank will also use Google Cloud as its new platform for AI workloads, as well as its AI capabilities, including Vertex AI and Gemini models.
Through AI, it said it wants to develop new service offerings, as well as boost efficiency and improve customer experiences. AI could be applied to investment banking insights, enhanced customer interactions, operational process optimisation and financial crime prevention, added the bank.
Ali Khan, group digital and information officer at UniCredit, said the “partnership with Google Cloud represents a bold move for UniCredit – massively advancing our technology footprint in critical areas such as AI, data and virtualised infrastructure across 13 core markets”.
“What’s more, it does so in a way that meets our cyber posture and resiliency needs. Google Cloud will further enhance the technological innovation we are bringing to core operations and last-mile customer solutions.”
In 2021, UniCredit became a founding member of the European Cloud User Coalition (ECUC) to accelerate the adoption of off-premise services in the financial services industry. A dozen financial institutions from across Europe signed up to the ECUC back then, including the likes of Allied Irish Banks, ING Group, Deutsche Börse, Euroclear and UniCredit.
Google Cloud is building a significant customer base in the banking sector as banks rid themselves of clunky legacy systems and adopt the latest digital technologies.
The supplier recently won a contract with the ***’s Lloyds Banking Group, which announced it would build, deploy and scale AI systems using the company’s services to accelerate production while slashing CO2 emissions.
The financial services giant said it is using Google Cloud’s Vertex AI to build a machine learning (ML) and generative artificial intelligence (GenAI) development platform, which more than 300 of its data scientists will use.
Digital transformation
Commerzbank in Germany also works closely with Google Cloud as part of its digital transformation plan.
In 2021, the bank said it was expanding its work with Google Cloud through a “five-year strategic partnership”. As part of this, it plans to move 85% of applications to Google’s cloud platform by 2024.
Also in 2021, Spanish Bank BBVA enlisted the help of Google Cloud to assist with a revamp of its IT security strategy that is geared towards optimising its infrastructure to withstand large-scale threats.
A global partnership saw BBVA draw on Google Cloud’s portfolio of AI and ML tools to create models that will be used to predict and prevent cyber attacks directed at both its back-office and customer-facing systems.
Unicredit’s CEO, Andrea Orcel, said the agreement marks “a pivotal step in our strategy to be the bank for Europe’s future”.
Ruth Porat, president and chief investment officer at Alphabet and Google, said: “AI is unlocking immense opportunities for business transformation and growth, offering significant economic advantages to organisations that proactively embrace its potential.”
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US Stocks Set to Recover April Losses on Renewed Trade Optimism
US Stocks Set to Recover April Losses on Renewed Trade Optimism
US futures
2.7% at 42314
3.1% at 5832
4% at 20848
In Europe
0.58% at 8600
0.55% at 23617
Stocks surge after US-China trade deal following talks in Geneva
The two sides agree to pause tariffs at pre-Liberation Day levels for 90 days
Apple (NASDAQ:) jumps 6%, Amazon (NASDAQ:) soars 7%
soars 3% on US–China trade deal
Stocks Rise as the US & China Reduce Tariffs
U.S. stocks opened significantly higher as the US and China agreed to a deal to reduce tariffs, signaling a de-escalation in the trade war.
The US will lower tariffs to 30%, down from 145%, and ******** taxes on US imports will fall to 10% from 125%. These new measures will be effective for 90 days. The market is now reassessing what these lower tariffs mean for the outlook of US businesses and the economy.
The volatility index, which is considered to be Wall Street’s fear gauge, briefly slips below the key 20-point threshold for the first time since late March as the mood improves.
The deal between the US and China comes just days after the US-*** trade agreement eased concerns that Trump’s reciprocal tariffs, announced five weeks ago, would spark a worldwide recession.
has fully recovered from its declines from the April 2 tariffs, thanks to Trump’s softening stance and upbeat earnings reports.
Whilst trade developments will remain a key focus, attention will also be on US inflation data due on Tuesday, , and a speech by Federal Reserve Jerome Powell on Thursday.
The market currently expects the to deliver two rate cuts by the end of 2025, in accordance with its guidance.
Corporate News
Apple’s stock is rising 6.5% following the US-China trade deal, and according to reports, the tech giant is considering raising prices for its iPhones.
Amazon is jumping over 7% as the e-commerce giant’s supply chains are heavily linked to China.
majors, including Chevron (NYSE:) and Exxon Mobil (NYSE:), are rising around 2%, tracking oil prices higher in the wake of a trade deal between the two largest oil consumers in the world.
******** stocks, including Alibaba (NYSE:), JD.com, and Baidu (NASDAQ:), are trading substantially higher. This is because ******** stocks benefit from easing tensions between the US and China.
Pharmaceuticals such as Pfizer (NYSE:), Eli Lilly (NYSE:), and Johnson & Johnson (NYSE:) are falling after Trump promised to cut prescription drug prices by 59% but gave no details of how he would achieve this.
Nasdaq 100 forecast – Technical Analysis.
The Nasdaq’s recovery from the 16325 low has surged above resistance at the 200 SMA at 20,220 as it heads towards 21k. The RSI is above 50, supporting further gains while it remains out of overbought territory. Buyers will look to rise above 21k to bring 22k into focus ahead of 22,235 and fresh record highs. Support is seen at 20,300, the 200 SMA, and 20k, the psychological level. Below here, sellers could look towards 19k.
FX Markets – USD Rises, EUR/USD Rises
The rises sharply as the sell America trade unwinds following the US–China agreement. The UD has risen to a monthly high after the two sides agreed to temporarily lower tariffs.
The is falling sharply, down 1.3% at the time of writing, marking its steepest selloff so far this year. The EUR is giving back the gains it saw on almost safe haven flows away from the USD as trade tariffs were announced.
is falling amid USD strength and after comments from BoE deputy Governor Clare Lombardelli, who warned that risks to inflation remain. Lomardelli voted to cut rates last week. However, she said wage growth remains too high for inflation to cool to 2%.
Oil Jumps After Trade Talks.
Oil prices jumped 3% on Monday after the US and China said they would reduce some of their tariff measures, raising hopes that the trade war between the world’s two largest consumers of crude oil could soon end.
Positive talks between the world’s two largest economies could help boost the demand outlook as trade between the two is restored. Oil gained over 4% last week after the US trade deal with the ***, which boosted optimism that disruptions from US tariffs may soon be avoided.
Furthermore, talks between Iranian and US negotiators ended on Sunday, and further negotiations are planned to resolve disputes regarding Tehran’s nuclear programme. Any sign of a USU run could deal with concerns over the global oil supply, which may pressure oil prices.
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Trump says China will ‘open up’ to U.S. businesses, suspend trade barriers
Trump says China will ‘open up’ to U.S. businesses, suspend trade barriers
President Donald Trump, joined by National Institutes of Health (NIH) Director Jay Bhattacharya, speaks during a press conference in the Roosevelt Room of the White House on May 12, 2025, in Washington, DC.
Andrew Harnik | Getty Images News | Getty Images
President Donald Trump said Monday that China “agreed to open itself up to American business” after the two countries agreed to temporarily slash most of the tariffs on each other’s goods.
This is breaking news. Please refresh for updates.
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Nissan to cut over 10,000 more jobs globally, NHK reports
Nissan to cut over 10,000 more jobs globally, NHK reports
STORY: Nissan will slash more than 10,000 jobs.
That was the report from Japanese broadcaster NHK Monday (May 12).
It would bring the total cuts including previously announced layoffs to about 20,000 – or 15% of its workforce.
The struggling Japanese automaker warned last month it would likely book a record net loss for the financial year that ended in March of up to just over $5 billion.
It blamed impairment charges for the projected number.
Nissan is due to announce its full-year results on Tuesday, and declined to comment on the NHK report.
The carmaker wants to make its business leaner and more resilient after doing poorly in its top market the U.S.
Its performance suffered there from a lack of hybrids and an aging line-up.
Nissan has also struggled in China, where it aims to launch some 10 new vehicles in the coming years to fight a steep sales drop.
The firm had already looked to cut 9,000 jobs and reduce global capacity by a fifth as part of its restructuring plans.
Its weak performance forced it to cut its profit outlook four times for the financial year that just ended.
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Tony Hawk’s Pro Skater 4’s upcoming remake is getting a major overhaul in one key area
Tony Hawk’s Pro Skater 4’s upcoming remake is getting a major overhaul in one key area
Tony Hawk’s Pro Skater 3 + 4 will allow players to extend Tony Hawk Pro Skater 4’s 2-minute timer to an hour, it’s been revealed.
By default, Tony Hawk’s Pro Skater 3 + 4 will follow the same gameplay format as Tony Hawk’s Pro Skater 1 + 2, by giving players two minutes to complete as many goals as they can. While this was also the level mechanic in the original Tony Hawk’s Pro Skater 3, this marks a change for Tony Hawk’s Pro Skater 4, which initially concerned some fans.
That’s because, originally, Tony Hawk’s Pro Skater 4 was mission-based, meaning the player would approach NPCs in the world, who would then give them objectives to complete. Once a player had completed enough of those challenges, they could progress to the next level.
In the 2025 remake, those objectives have been mainly removed or refitted into the two-minute format, it’s been revealed. Following a recent preview event for the game, footage has now been shared confirming that the in-game timer can be extended to 10 minutes or an hour.
While it’s unclear if this timer can also be extended on Tony Hawk’s Pro Skater 3 maps, it does mean that players can spend more time on the much larger THPS 4 maps. While it doesn’t appear that this will change the game’s objectives, it means that players can explore the maps more fully and tick off the objectives at a slower pace, similar to the original game.
Tony Hawk’s Pro Skater 3 + 4 will be released on July 11, 2025, although the more expensive Digital Deluxe and Collector’s Editions of the game will offer three days of early access, starting on July 8.
Tony Hawk has said that he will “campaign all he can” for a remake of the Tony Hawk’s Underground series. At the same event this week, it was confirmed that a fan-favourite skater would return to the series.
Bam Margera, known for his roles in Jackass, Viva La Bam and the Tony Hawk series, was seemingly missing from the THPS 3 + 4 roster when it was announced earlier this year.
It was later claimed that Margera would be added to the remake, after Tony Hawk himself allegedly demanded his inclusion.
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India Smartphone Shipments Fell 6 Percent YoY in Q1 2025, Apple Posts Highest Growth: IDC
India Smartphone Shipments Fell 6 Percent YoY in Q1 2025, Apple Posts Highest Growth: IDC
India’s smartphone market experienced a 5.5 percent year-over-year (YoY) decline in shipments in Q1 2025, as per a new report by International Data Corporation (IDC). This downturn is attributed to weak consumer demand and surplus inventory from the previous quarter. Despite the overall market contraction, Apple stood out with the highest 23 YoY increase in shipments, securing a position among the top five smartphone brands in India. Vivo secured top spot in the first quarter by grabbing 19.7 percent market share. Samsung came in second place, followed by Oppo.
As per IDC’s Worldwide Quarterly Mobile Phone Tracker report, India’s smartphone market shipped 32 million smartphones in the January to March ******* this year, registering a 5.5 percent decline YoY. This marks the second consecutive quarter of decline in shipments. Weak consumer demand and surplus inventory from the previous quarter are considered to be the major challenges for the brands.
Vivo, Samsung, Oppo Top India’s Smartphone Market in Q1, 2025
Vivo took a major share of India’s smartphone shipments and maintained its top position in Q1 with a market share of 19.7 percent. The ******** brand registered 14.6 percent YoY growth. Samsung came in second spot with 16.4 percent marketshare. Oppo was in the third spot with 12 percent market share and 11.9 percent YoY growth. Realme captured fourth position with 10.6 percent market share and 2.2 percent YoY growth.
Apple saw the strongest YoY growth among the top five smartphone brands in the first quarter, with a 23 percent increase and a record three million units shipped in the first quarter. IDC notes that the iPhone 16 led the pack, making up 4 percent of total smartphone shipments in India during the *******. The iPhone maker grabbed 9.5 percent market share.
Xiaomi took the sixth position as the brand faced 42 percent YoY decline in shipments in the January-March quarter of 2025. This eroded the company’s market share to 7.8 percent from 12.8 percent in same ******* last year.
Motorola, Poco, OnePlus, and iQOO took the seventh, eighth, ninth, and 10th positions, respectively. According to IDC, Vivo, Samsung, and Oppo held their positions from the previous quarter. Realme overtook Xiaomi to claim fourth place, driven by the strong performance of its budget-friendly Realme 14 series, Narzo 80 series, and P3 series. Nothing registered the highest growth overall, followed closely by Google and Motorola in Q1 2025.
IDC projects a low single-digit growth in smartphone shipments for 2025 due to the ongoing rise in average selling prices (ASPs). However, this is likely to translate into a mid-single-digit increase in overall market value. Brands are focusing on expanding offline distribution without losing online traction, multiple microfinancing options to boost affordability, offerings in the entry-premium segment for upgrades, and marketing generative AI features across price points.
The report notes that India’s ASPs reached a record of $274 (roughly Rs. 24,000) in Q1, growing by 4 percent YoY. 5G adoption is increasing with 29 million 5G smartphones shipped in the quarter. The share of 5G smartphone shipments increased to 88 percent, up from 69 percent in the same ******* last year. Shipments to offline channels grew by 10 percent YoY and share increased to 58.1 percent, while online channel shipments declined by 21.1 percent in Q1 this year.
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Israel to pause Gaza fighting ahead of US hostage ***** Alexander's release by ****** – ABC News
Israel to pause Gaza fighting ahead of US hostage ***** Alexander's release by ****** – ABC News
Israel to pause Gaza fighting ahead of US hostage ***** Alexander’s release by ****** ABC NewsWho Is ***** Alexander, the American Hostage Held by ****** in Gaza? The New York TimesGolan: Rescue of hostage IDF soldier due to US intervention is Israeli ‘national failure’ The Times of IsraelIsrael prepares to receive American hostage ***** Alexander from ****** The Washington PostIsrael committed to ‘intensified’ Gaza operation despite US captive release Al Jazeera
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US-China tariff deal: What does it mean?
US-China tariff deal: What does it mean?
Michael Race
Business reporter, BBC News
Getty Images
The US and China have agreed a truce to lower import taxes on goods being traded between the two countries.
The agreement marks a major de-escalation of the trade war between the world’s two biggest economies, which has sent shockwaves impacting countless other countries, including the ***.
Here’s what it all means.
What has been announced?
Both the US and China have confirmed a reduction in the tariffs they imposed on each other following the initial escalation by President Donald Trump earlier this year.
The deal involves both nations cancelling some tariffs altogether and suspending others for 90 days, by 14 May.
The result is that US tariffs on ******** imports will fall to from 145% to 30%, while ******** tariffs on some US imports will fall from 125% to 10%.
China has also halted and scrapped other non-tariff countermeasures, such as the export of critical minerals to the US, which it put in place in response to the initial escalation.
The US measures still include an extra 20% component aimed at putting pressure on Beijing to do more to curb the ******** trade in fentanyl, a powerful opioid drug.
The announcement came after the two countries held talks in Switzerland, the first between the two countries since Trump sparked the latest tariff war.
What happens after 90 days?
Trying to predict the next steps in this ongoing trade war between the US and China these past few months has been difficult to say the least.
But this is a major agreement between the world’s two powerhouse economies and has been broadly welcomed.
Even if the suspended tariffs are reinstated after 90 days, because the vast majority of the tariffs that were announced after Liberation Day have been cancelled, US tariffs on China would only rise to 54% and ******** tariffs on the US would rise to 34%.
However, talks between both governments are set to continue, so a further deal might be struck.
US Treasury Secretary Scott Bessent said the consensus from both countries was that “neither side wants a decoupling”, while China’s commerce ministry said the agreement was a step to “lay the foundation to bridge differences and deepen co-operation”.
So relations between the US and China are sounding more friendly, but as we’ve seen so far during this Trump presidency, things can change quickly.
What goods do the US and China trade with each other?
In a word – lots.
In 2024, the biggest category of goods exported from the US to China were soybeans – primarily used to feed China’s estimated 440 million pigs. The US also sent pharmaceuticals and petroleum.
Meanwhile, China exported large volumes of electronics, computers and toys.
The biggest category of US imports from China is smartphones, accounting for 9% of the total. A large proportion of these smartphones Apple iPhones made in China.
However, the US buys much more from China ($440bn) than it sells to it ($145bn), which is something Trump has long been unhappy with.
His reasoning in part for introducing tariffs, and higher ones on countries which sell more to the US than they buy, is to encourage US consumers to buy more American-made goods, increase the amount of tax raised and boost manufacturing jobs.
The escalating trade war in recent months has led to a collapse in the amount of goods being shipped across the Pacific Ocean, but investors believe the truce will lead to a rebound, with shares up for some of the world’s biggest shipping firms.
Has either side won?
Politicians on both sides have started and will no doubt continue to claim victory over this truce.
Despite the US and China calling this a joint agreement, people in Beijing will interpret it as the Trump administration walking back from the tariffs, according to Janka Oertel, director of the Asia programme at the European Council on Foreign Relations.
“We are back to square one, now negotiating can begin. The outcome is uncertain but China is in a psychologically stronger position now than before,” she said.
The US will argue its tariff rate on ******** imports, although lower, is still hefty at 30%.
“This trade deal is a win for the United States, demonstrating President Trump’s unparalleled expertise in securing deals that benefit the American people,” a White House statement said.
Economists at Deutsche Bank have suggested the lowering of tariffs, and last week’s ***-US deal on them, means there’s both “a likely cap and floor” to Trump’s rates.
“The *** has one of the least imbalanced relationships with the US and now has a universal tariff rate of 10%. China has one of the most imbalanced relationships and now has a tariff rate of 30%,” said George Saravelos, head of FX research at the investment bank.
“It is reasonable that these two numbers now set the bounds of where American tariffs will end up this year.”
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20 Games we can’t wait to play on Switch 2
20 Games we can’t wait to play on Switch 2
Knushwood Butt2d ago
‘“[The] hardware processing performance [of Nintendo Switch 2] has become necessary for software developers to realize one of Nintendo’s most important goals: proposing new ways to play,” the president said in a translated comment.’
So I guess by that definition, Metroid Prime 4, which is cross-gen, isn’t a new way to play.
While we’re on the subject, open world racing games aren’t remotely new either.
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The Lucky Miner USB stick is a $24 Bitcoin lottery ticket, with 210.7 trillion-to-one odds of mining a BTC block in a year
The Lucky Miner USB stick is a $24 Bitcoin lottery ticket, with 210.7 trillion-to-one odds of mining a BTC block in a year
If you like a gamble, there’s a fascinating little device called the Lucky Miner SOLO-LV02 now available via AliExpress for a modest $24 outlay. This thumb-sized USB-C connected device needs just 1W of power, access to your Wi-Fi, and a Bitcoin wallet. You set-and-forget it, then wait for the Bitcoins to roll in. However, the leisurely hashrate of the Lucky Miner means that you will indeed be lucky to squeeze any BTC out of it. CNX Software likened the diminutive device to “a lottery ticket for Bitcoin,” offering odds of 210.7 trillion-to-one of mining a single BTC block in a year.
Despite the outlandish odds of mining a Bitcoin block with the Lucky Miner SOLO-LV02, there’s still a chance, right? Yes, but the $24 device’s odds of striking lucky are akin to winning the traditional lottery several times in a row. A better bet might be something like the palm-sized Bitaxe, which famously earned a miner 6.25BTC — worth $206,000 — last year, for a hardware cost of ~$180. That 500 GH/s machine faced odds of around 2,667 to one to mine 1 BTC in a year of mining, so its owner was still very lucky. Commercial ASIC mining machines nowadays will offer hash rates in the hundreds of TH/s region, but also chew through 3kW or more and typically cost $3,000-$5,000 to purchase.
(Image credit: Lucky Miner SOLO-LV02, Amazon)
At the time of writing, 1 BTC = $104,000, and thus, successfully mining a Bitcoin block (3.125 BTC) would net you approximately $325,000.
Though you would have to be an extreme optimist to buy the Lucky Miner SOLO-LV02 in order to chase the dream of becoming crypto-rich, the device isn’t without some geeky charm. Powered by an unnamed SoC (suspected ESP32 chip), the mining gadget can’t be described as optimal for its primary purpose, with a weedy hashrate of 72 KH/s. But gadget lovers and tinkerers may be drawn in by its 1.9-inch color TFT display, USB-C port, Wi-Fi connectivity, two-button control, thrifty 1W power consumption, and 85 x 55 x 35mm dimensions. ESP32 devices can, of course, play Doom (for example), so it may be harsh to call the Lucky Miner SOLO-LV02 e-waste.
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Image 1 of 2
(Image credit: Lucky Miner SOLO-LV02, Amazon)
(Image credit: Lucky Miner SOLO-LV02, Amazon)
Some detective work by CNX Software suggests that, as well as being powered by an ESP32, this USB device is very similar to a DIY project dubbed the NerdSoloMiner v2. The quoted hashrate of 78 kH/s (the same as the Lucky Miner SOLO-LV02) provides another smoking gun.
The Lucky Miner SOLO-LV02 is also available on Amazon.com for $34.
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Virtua Fighter 5 REVO Is Coming To Nintendo Switch 2 And Other Consoles
Virtua Fighter 5 REVO Is Coming To Nintendo Switch 2 And Other Consoles
***** has confirmed that Virtua Fighter 5 REVO will be ported to Nintendo Switch 2, PS5, and Xbox Series X|S.
Virtua Fighter 5 REVO is an enhanced version of a fighting game that first hit Japanese arcades in 2006. It was released on PC in January and added features like rollback netcode and 4K support to Virtua Fighter 5. The news of these ports came during a Virtua Fighter Direct held on May 11. While no release date for these new versions was confirmed, ***** confirmed that cross-play support will come as part of the console release, so people can play together no matter what platform they play on.
Legacy Virtua Fighter Projects Producer Seiji Aoki also teased that “we’re going to include even more content to make this much more than a simple port,” but did not elaborate on what he meant by that.
This Virtua Fighter 5 REVO news wasn’t the only reveal of the series’ latest direct. ***** and Nvidia kicked off the Virtua Fighter Open Champions, a worldwide tournament with a grand prize of $100,000.
***** also briefly teased the next game in the Virtua Fighter franchise, which was revealed at The Game Awards 2024. A redesigned Wolf Hawkfield was revealed as a fighter, while an extended dev diary aired, delving into the art direction goals for the new Virtua Fighter game. There’s still no word on a release window for this still-unnamed Virtua Fighter game.
Virtua Fighter 5 REVO is available on PC and in development for Nintendo Switch 2, PS5, and Xbox Series X|S.
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Honor Magic V5 Reportedly Listed on MIIT, 3C Certification Sites; Battery, Charging Details Surface
Honor Magic V5 Reportedly Listed on MIIT, 3C Certification Sites; Battery, Charging Details Surface
Honor Magic V5 is expected to launch as a successor to the Honor Magic V3, which was unveiled in China in July 2024. The company is tipped to skip the Magic V4 moniker. The purported book-style foldable will likely come with a larger battery than the existing model. The handset has now reportedly appeared on a couple of ******** certification sites, which hints at its battery capacity and charging speed. Previous leaks have suggested the probable launch timeline and chipset details of the Honor Magic V5.
Honor Magic V5 Key Features (Expected)
An Honor handset with the model number MBH-AN10 was spotted on China’s MIIT and 3C certification websites, according to a Gizmochina report. This is expected to be the Honor Magic V5. As per the listing, the phone is listed to pack a 2,070mAh and a 3,880mAh dual-cell battery. This means that the battery will have a rated capacity of about 5,950mAh.
The report notes that the Honor may market the Magic V5 with a 6,100mAh typical battery. If true, it would be the largest battery found on a foldable smartphone yet. A recent leak suggested that Vivo’s upcoming X Fold 5 could pack a 6,000mAh battery.
The MIIT listing reportedly further suggests that the Honor Magic V5 will likely support Beidou-3 connectivity for short messaging services. The 3C listing of the handset suggests that it may support 66W wired fast charging, similar to its predecessor.
The report added that the Honor Magic V5 could carry a 6.45-inch LTPO OLED cover screen and an 8-inch 2K inner display. Both panels are expected to support 120Hz refresh rate. The handset may get a Snapdragon 8 Elite SoC and an IPX8-rated water-resistant thin build.
For optics, the Honor Magic V5 will likely come with a 50-megapixel main rear camera with OIS support, an ultra-wide camera, and a 200-megapixel periscope telephoto shooter. The handset may support wireless charging, satellite connectivity, and a side-mounted fingerprint sensor for security.
The Honor Magic V5 has earlier been tipped to launch in late May or early June.
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S&P 500: Surging on US-China Trade Deal Breakthrough
S&P 500: Surging on US-China Trade Deal Breakthrough
The is set to rally at the open, but will it extend its gains much further?
The S&P 500 closed 0.07% lower on Friday, but today it’s set to open dramatically higher following the breakthrough U.S.-China trade deal announced over the weekend. Futures are surging, with up 3.0% and soaring by an impressive 3.9%
This weekend’s high-stakes trade talks in Geneva yielded a positive outcome, with both sides agreeing to a 90-day pause on tariff increases. The U.S. has reduced tariffs on China to 30% (down from at least 145%), while Beijing has lowered duties on U.S. imports to 10% (down from 125%).
Investor sentiment has recently improved, as reflected in last Wednesday’s AAII Investor Sentiment Survey, which reported that 29.4% of individual investors are bullish, while 51.5% are bearish.
The S&P 500 is likely to break out of its short-term consolidation. Although Thursday’s rally failed to decisively surpass the 5,700 resistance level, the index is set to open above the 5,800 mark today – its highest since early March – retracing more of its decline from the February record high.
S&P 500: Little Change Last Week
The S&P 500 declined 0.47% last week, consolidating after two strong weeks of gains. Investors showed caution as they awaited the outcome of the weekend’s trade negotiations.
Now with today’s trade deal news, it looks like last week’s uncertainty was just a quick pause before the rally continues.
Nasdaq 100: Tech Stocks to Lead the Rally
The tech-heavy , particularly sensitive to U.S.-China relations due to significant exposure to the ******** market, is showing the strongest pre-market gains. With futures up 3.9%, the index is poised to open well above the 20,000 level, potentially challenging 20,900.
VIX Set to Plunge
The volatility index, which dipped to a local low of 21.83 on Friday, is expected to drop significantly at today’s open as fear subsides following the trade agreement. A VIX below 20 would signal increased investor confidence.
Historically, a dropping indicates less fear in the market, and rising VIX accompanies stock market downturns. However, the lower the VIX, the higher the probability of the market’s downward reversal. Conversely, the higher the VIX, the higher the probability of the market’s upward reversal.
S&P 500 Futures Contract: Breaking Higher
This morning, the S&P 500 futures contract has broken decisively above the 5,700-5,720 resistance zone that had contained prices last week. This technical breakout, fueled by the weekend’s trade agreement, opens the door to potential moves toward 5,900-6,000.
However, some profit-taking could occur following the initial surge. Support remains near 5,700, which previously acted as resistance.
Conclusion
The S&P 500 is poised for a substantial gap higher this morning following the weekend’s trade agreement between the U.S. and China. While this development significantly improves the market outlook, investors should remain cautious ahead of tomorrow’s key data release.
Here’s the breakdown:
The U.S.-China trade deal represents a significant de-escalation, with dramatic tariff reductions on both sides.
S&P 500 futures are up 3.0% and Nasdaq futures surging 3.9%, indicating powerful technical breakouts.
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Carlo Ancelotti set to leave Real Madrid to become Brazil coach
Carlo Ancelotti set to leave Real Madrid to become Brazil coach
Real Madrid boss Carlo Ancelotti is set to leave the Spanish club at the end of the season to become the new national team coach of Brazil.
The 64-year-old Italian is poised to officially take charge of Brazil after the conclusion of the La Liga season on 26 May.
He leaves the Santiago Bernabeu as one of the club’s most successful managers.
Ancelotti won 15 trophies across two spells as Real manager and last season led Los Blancos to a Champions League and La Liga double.
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Cyber Stan Is Getting Out of Hand, Triggering General Brasch’s Personal Intervention
Cyber Stan Is Getting Out of Hand, Triggering General Brasch’s Personal Intervention
The Helldivers 2 community has once again proven that no amount of bug splatter or bot dismantling can stop their meme-making capabilities. While Super Earth’s finest continue their valiant struggle against the Automaton forces, a new threat has emerged from the depths of Reddit that makes even the most hardened veterans question their sanity: Cyber Stan.
This isn’t your average Automaton. No, this mechanical menace appears to be the bot equivalent of the legendary John Helldiver—a perfect counter to Super Earth’s greatest champion. And he’s bringing reinforcements that nobody saw coming.
The clash of the century: John Helldiver vs. Cyber Stan
The situation on the bot front in Helldivers 2 has escalated beyond High Command’s wildest nightmares. What started as a routine push toward Cyberstan has morphed into something far more sinister.
According to intelligence reports (read: Reddit memes), Cyber Stan has emerged as the Automatons’ champion, forged in the “Deep Mantle Forge” with the sole purpose of forcing “socialist ideals” upon liberty-loving citizens everywhere:
The threat is so severe that General Brasch himself—Super Earth’s oldest and most grizzled war hero—has personally intervened. Known for his catchphrase “BRASCH TACTICS! Use ’em or die tryin’!” the General isn’t taking any chances with this mechanical monstrosity. His disappointment with recent Helldiver failures has pushed him to take matters into his own hands.
Comment byu/TotallyRelevantGuy from discussion inHelldivers
Not to be outdone, Super Earth has “unthawed” their greatest asset: John Helldiver. The fact that he’s been “unthawed” rather than “thawed” suggests our hero will be orbital dropped while still frozen solid—yet somehow still capable of spreading managed democracy with extreme prejudice. That’s the kind of dedication to liberty that makes Super Earth proud.
Comment byu/TotallyRelevantGuy from discussion inHelldivers
The community’s creativity doesn’t stop with Cyber Stan. Recent developments in the actual game have seen players pushing back against Automaton forces, with the real Cyberstan potentially becoming a battleground soon.
Freddy Fazbear joins the Automaton forces
Those bots are outsourcing terror now?! | Image Credit: Scott Cawthon
Just when you thought the situation couldn’t get more absurd, reports indicate that Cyber Stan has recruited an unlikely ally: Freddy Fazbear. Yes, that Freddy Fazbear. The animatronic terror has apparently joined forces with the Automatons, creating what military analysts are calling “a nightmare scenario for democracy”:
Comment byu/TotallyRelevantGuy from discussion inHelldivers
The psychological impact of seeing Freddy Fazbear descending from an Automaton dropship cannot be overstated. Several Helldivers have reported symptoms of extreme terror, followed by hysterical laughter, followed by more terror.
It’s a devastating combination that threatens Super Earth’s war effort:
Comment byu/TotallyRelevantGuy from discussion inHelldivers
High Command has classified these sightings as “definitely not hallucinations caused by extended exposure to bug acid,” insisting instead that they represent a new psychological warfare tactic by the Automatons. The sight of Freddy being airlifted into battle has already become the stuff of nightmares for frontline troops:
Comment byu/TotallyRelevantGuy from discussion inHelldivers
While some might dismiss this as mere community brain rot, others see it as the ultimate showdown. As one fellow diver put it:
Comment byu/TotallyRelevantGuy from discussion inHelldivers
With the actual Cyberstan update likely looming on the horizon and new enemy types like the Iron Legion and Assault Striders appearing in game files, the community’s meme-fueled anticipation continues to grow. Whether Cyber Stan and Freddy Fazbear will make official appearances remains to be seen.
Have you encountered Cyber Stan or his animatronic ally in your missions? Share your most ridiculous Helldivers 2 meme encounters in the comments below!
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Freepik launches new enterprise AI plan – but is it enough to tackle Adobe’s dominance in the field?
Freepik launches new enterprise AI plan – but is it enough to tackle Adobe’s dominance in the field?
Freepik unveils new AI plan for enterprise users
Unlimited users and legal protections among benefits
It seems to me, the company’s trying to take on Adobe’s own “commercially-safe” AI generation
Freepik, the creative design suite, has unveiled a new plan aimed at attracting large B2B teams to its platform – and comparisons to Adobe’s own approach to AI tools for business users is hard to miss.
Dubbed Freepik Enterprise, the plan offers a range of benefits to business users, including rights over their AI-created assets, third-party integrations with the likes of Slack, Microsoft Teams, and Adobe Creative Cloud, and that all important legal indemnity.
On the face of it, this looks to me like the company is starting to park its tanks on Adobe’s lawn. As adoption of Adobe Firefly rises, Freepik will be keen to move some of its 64 million users over to the new enterprise plan with a host of business-centric features and benefits.
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What can users expect from Freepik’s enterprise plan?
According to Freepik, this new tier is designed for those who need “secure, scalable creative tools,” with the company aiming to attract teams across media, marketing, and technology who want to integrate AI into the wider workflow.
With this in mind, users are being offered, among other things, free reign to create on-brand assets, training AI with internal assets, single sign-on (SSO), and greater legal protections. Centralised management is also part of the package, with the company claiming this will help streamline account and asset administration.
Arguably, the most attractive benefit is the unlimited aspects, where users will have full access to the AI suite for generating images, video, and content. Expect no user limits here, as Freepik states this plan is “built for real teams.” Firms will also own the rights over AI-generated content, with the option to use and modify what they create across the board, covered by legal indemnity, protecting users against possible lawsuits when deploying them in a commercial setting. What I especially like is the guarantee that neither Freepik, nor its third-party providers, will re-use enterprise subscribers’ AI-generated assets or data for future AI training.
Support forms a large part of the offering. The company says it intends to deliver guidance, training, and legal assistance around IP and copyright – one of the chief concerns around AI usage in the workplace.
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Given this is targeting corporations, security and compliance are also topping the bill, where GDPR, ISO/IEC 27001 and 27002, SOC 2 Type II are built into the service.
Speaking about the new plan, José Florido, Chief Market Development Officer at Freepik, said: “It’s no longer just about downloading visual assets. Large companies are looking for solutions that help them integrate AI across all their processes, offering scalability, legal compliance, and deep customization of their resources. Freepik Enterprise directly addresses that need.”
You can check out Freepik Enterprise by clicking here, and the company is currently giving users a three-month trial before an annual subscription is required.
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Pamphlet criticising planned development of park near hospice in Western Suburbs called ‘outrageous’
Pamphlet criticising planned development of park near hospice in Western Suburbs called ‘outrageous’
Opponents of a park planned to brighten the view of terminally-sick kids at Perth’s first children’s hospice have been slammed for suggesting it could cost locals access to the beach.
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Apple could soon fix Wi-Fi access woes across all your devices
Apple could soon fix Wi-Fi access woes across all your devices
Table of Contents
Table of Contents
Why does it matter?
How is Apple fixing the situation?
One of the biggest hassles while traveling is the hunt for a decent internet connection, and then getting it to work across all your devices. The conundrum is now mainstream across hotels, lodges, and coffee shops — essentially all the establishments a person is supposed to spend a few hours of their day, but needs to fill a web form first before they can get internet access.
Apple will soon put an end to those Wi-Fi registration struggles. According to Bloomberg, the company is working on “a system that can synchronize captive Wi-Fi access details across the iPhone, iPad and Mac.”
Why does it matter?
A lot of people these days prefer to work from coffee shops or libraries. Over time, these establishments have shifted from offering unlimited Wi-Fi to a limited data packet per customer, one that works after registering your phone number or email address in order to get an OTP before you get access.
Yugandhar Bonde / Pexels
The situation gets even more complicated with hotel chains and hostels, where you are required to fill in more details. The higher you go on the premium accommodation scale, the more frustrating it gets, thanks in no small part to the lengthy customer forms that require filling out across all devices.
These Wi-Fi portals also have a high rate of failure, so I don’t even bother with my other devices and simply go with the initial registration on my phone. For the rest of my devices, a mobile data hotspot handles my work, even though it reflects on my inflated carrier bills each month.
How is Apple fixing the situation?
With the upcoming feature, Apple will save the user’s details when they fill out a captive Wi-Fi form and sync it across all their devices. Think of it as your web browser saving all your details, such as name, address, and even preferred payment mode, so that you don’t have to fill it all in again.
Timothy Hales Bennett / Unsplash
Of course, it’s an opt-in system, but it saves a lot of time. Instead of taking a web-based approach, Apple is implementing the convenience across hardware. “This new feature will let you enter that information on one device and have it sync to your other products,” says the Bloomberg report.
It seems this feature could arrive with the upcoming iOS 19 update, which is going to be unveiled at Apple’s WWDC event in June. The Wi-Fi detail syncing tool is quite useful, though not entirely surprising.
Apple has built a robust cross-device syncing ecosystem with tools such as Universal Control, Handoff, cross-device clipboard, and more — all of which are tied to a single account.
In addition to Wi-Fi form syncing, Apple is also said to be prepping a desktop mode system for iPhones. For its tablets, the company is hoping to bring a more macOS-like makeover to iPadOS.
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Flight reduction planned at Newark airport amid another outage and technical issues
Flight reduction planned at Newark airport amid another outage and technical issues
For the third time in fewer than two weeks, there was a system outage at the Federal Aviation Administration facility handling flights at Newark Liberty Airport. Transportation Secretary Sean Duffy says airlines will reduce flights in and out of the airport for at least a few weeks and is pledging to make needed upgrades at Newark as technical problems continue, causing staffing problems and customer concern.
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Corsair Vengeance RGB CUDIMM DDR5-8400 C40 2x24GB Review: Shiny and speedy but on the pricey side
Corsair Vengeance RGB CUDIMM DDR5-8400 C40 2x24GB Review: Shiny and speedy but on the pricey side
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The Vengeance RGB CUDIMM DDR5-8400 C40 appears to possess the capability to compete with the best RAM. The DDR5 memory standard has significantly evolved since its introduction about five years ago. Starting from humble beginnings at DDR5-4800, DDR5 has advanced past DDR5-10000. While several manufacturers have validated ultra-fast memory kits that exceed the mythical threshold, these options are unavailable to the public in the meantime. Retail DDR5 memory kits currently max out around DDR5-9000, but make no mistake: faster offerings are on the way. With the Vengeance RGB CUDIMM DDR5-8400 C40, Corsair wants to provide enthusiasts with a middle ground between DDR5-8000 and DDR5-9000.
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The Vengeance CUDIMMs share the same design as the standard Vengeance DDR5 memory modules, but Corsair introduced subtle adjustments to set them apart. The key distinctions in the CUDIMMs lie in the color scheme and finish. The Vengeance RGB CUDIMMs feature a silver aluminum heat spreader with an attractive, glossy finish. The recurring pattern of small triangles is still present, but the mirrored surface causes the triangles to shine vividly when light strikes the heat spreader.
Corsair Vengeance RGB CUDIMM DDR5-8400 C40 at Newegg for $339.99
Corsair offers its Vengeance CUDIMMs in both standard and RGB versions. The standard version stands 1.38 inches (35mm) tall, while the RGB version is taller at 1.74 inches (44mm). The RGB CUDIMMs feature a light bar with ten-zone dynamic lighting. Although Corsair’s RGB lighting is compatible with most motherboard systems, you’re still stuck with the brand’s iCUE software if you want complete control over the illumination and effects.
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This 48GB memory kit includes two 24GB DDR5 modules featuring a single-rank design. The custom ****** PCB accommodates eight SK hynix H5CGD8MGBDX021 (M-die) integrated circuits (ICs) arranged on one side. Each 24GB module contains M-die ICs with a capacity of 3GB each. The power management IC (PMIC), MPSB5431CS03, is provided by Monolithic Power Systems (MPS), while the client clock driver (CKD) is the DR5CKD1GC0 from Rambus, integrated into these Vengeance CUDIMMs.
It is important to note that AMD’s current 800-series platform does not fully support CUDIMMs. They will operate, albeit in bypass mode, which results in the loss of the CKD functionality.
The default settings for the Vengeance CUDIMMs are DDR5-5600 with 48-48-48-90 timings. These memory modules are intended for Intel platforms, which means they only support XMP 3.0. The DDR5-8400 profile will adjust the CUDIMMs to operate at 40-52-52-135 with a DRAM voltage of 1.4V. Interestingly, Corsair has not included backup profiles, a feature typically found in its high-end memory kits. See our PC Memory 101 feature and How to Shop for RAM story for more timings and frequency considerations.
Comparison Hardware
Swipe to scroll horizontally
Memory Kit
Part Number
Capacity
Data Rate
Primary Timings
Voltage
Warranty
G.Skill Trident Z5 CK
F5-8800C4255H24GX2-TZ5CK
2 x 24GB
DDR5-8800 (XMP)
42-55-55-140 (2T)
1.45
Lifetime
Corsair Vengeance RGB CUDIMM
CMHC48GX5M2X8400C40
2 x 24GB
DDR5-8400 (XMP)
40-52-52-135 (2T)
1.40
Lifetime
TeamGroup T-Force Xtreem
FFPD548G7200HC34ADC01
2 x 24GB
DDR5-7200 (XMP)
34-42-42-84 (2T)
1.40
Lifetime
G.Skill Trident Z5 RGB
F5-7200J3646F24GX2-TZ5RK
2 x 24GB
DDR5-7200 (XMP)
36-46-46-115 (2T)
1.35
Lifetime
Corsair Dominator Titanium First Edition
CMP48GX5M2X7200C36FEW
2 x 24GB
DDR5-7200 (XMP)
36-46-46-116 (2T)
1.40
Lifetime
Today’s best Corsair Vengeance RGB CUDIMM DDR5-8400 C40 deals
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The Intel system comprises the Core Ultra 9 285K and the MSI MEG Z890 Unify-X (7E20v1A41 firmware). In contrast, the AMD system employs the Ryzen 9 9900X and MSI MPG X870E Carbon WiFi (7E49v1A23 firmware). The Corsair iCUE Link Titan 360 RX LCD CPU liquid cooler effectively maintains the operating temperatures of both the Arrow Lake and Zen 5 processors under optimal conditions.
The MSI GeForce RTX 4080 16GB Gaming X Trio addresses the more graphics-intensive workloads, ensuring that our gaming RAM benchmarks do not have a graphics bottleneck. TeamGroup’s A440 Lite PCIe 4.0 SSD balances performance and storage capacity, with 2TB of high-speed storage up to 7,400 MB/s for our Windows 11 24H2 installation, benchmarking software, and games.
Meanwhile, the Corsair RM1000x Shift ATX 3.0 power supply delivers a reliable and ample power source to our test systems, directly feeding the GeForce RTX 4080 with a native 16-pin (12VHPWR) power cable. Finally, the Streacom BC1 open-air test bench accommodates all of our hardware.
Swipe to scroll horizontally
Component
Intel System
AMD System
Processor
Intel Core Ultra 9 285K
AMD Ryzen 9 9900X
Motherboard
MSI MEG Z890 Unify-X
MSI MPG X870E Carbon WiFi
Graphics Card
MSI GeForce RTX 4080 16GB Gaming X Trio
MSI GeForce RTX 4080 16GB Gaming X Trio
Storage
TeamGroup A440 Lite 2TB
TeamGroup A440 Lite 2TB
Cooling
Corsair iCUE Link Titan 360 RX LCD
Corsair iCUE Link Titan 360 RX LCD
Power Supply
Corsair RM1000x Shift
Corsair RM1000x Shift
Case
Streacom BC1
Streacom BC1
Intel Performance
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The Vengeance RGB CUDIMM DDR5-8400 memory kit demonstrated commendable performance in our benchmarks. It presently holds the third overall position among the 48GB (2x24GB) memory kits we’ve reviewed. In addition to its superior performance in the Microsoft Office benchmark, Corsair’s memory kit excelled in the 7-Zip workloads, taking home the crown in both compression and decompression tests.
Regarding gaming, the Vengeance RGB CUDIMM DDR5-8400 memory kit ranks alongside the Trident Z5 CK DDR5-8800, establishing both as the fastest 48GB memory kits available for gaming purposes.
AMD Performance
Regrettably, DDR5-8800 exceeds the limitations of our Ryzen 9 9900X sample. The integrated memory controller (IMC) of the 12-core Zen 5 processor cannot accommodate memory of this speed. Consequently, our system would not post with DDR5-8800 memory. Unfortunately, AMD’s existing platform doesn’t fully leverage CUDIMMs’ potential.
Although we had better luck with the Ryzen 7 9700X sample, our system remained unstable and frequently encountered BSOD errors. Due to the extent of the system instability, the Ryzen 7 9700X could not satisfactorily complete our benchmarking tests.
Overclocking and Latency Tuning
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SK hynix M-die ICs are always a pleasure to overclock, and the Vengeance CUDIMMs are no exception. Increasing the DRAM voltage from 1.4V to 1.45V easily achieved DDR5-8800 while maintaining the exact 40-52-52-135 timings as DDR5-8400.
The M-die ICs might have additional overclocking headroom, which would require sacrificing memory timings. DDR5-8800 with a CAS Latency (CL) of 40 cycles is quite good, so we opted not to pursue higher overclocks.
Lowest Stable Timings
Swipe to scroll horizontally
Memory Kit
DDR5-7200 (1.45V)
DDR5-7200 (1.5V)
DDR5-7600 (1.45V)
DDR5-7800 (1.45V)
DDR5-8800 (1.45V)
DDR5-9200 (1.50V)
G.Skill Trident Z5 CK DDR5-8800 C42
N/A
40-52-52-134 (2T)
N/A
N/A
N/A
42-55-55-140 (2T)
Corsair Vengeance RGB CUDIMM DDR5-8400 C40
38-50-50-128 (2T)
N/A
N/A
N/A
40-52-52-135 (2T)
N/A
Corsair Dominator Titanium First Edition DDR5-7200 C36
34-42-42-82 (2T)
N/A
N/A
36-46-46-116 (2T)
N/A
N/A
TeamGroup T-Force Xtreem DDR5-7200 C34
N/A
N/A
36-46-46-86 (2T)
N/A
N/A
N/A
G.Skill Trident Z5 RGB DDR5-7200 C36
34-42-42-84 (2T)
N/A
36-46-46-115 (2T)
N/A
N/A
N/A
While M-die ICs generally show excellent overclocking potential, they do not perform as effectively with tight timing configurations. With the same 1.45V DRAM voltage as before, we tried to achieve the lowest possible timings at DDR5-8400.
The outcome did not disappoint us. The memory ran fine with 38-50-50-128 timings, a few clock cycles lower than the advertised DDR5-8400 profile. The configuration was borderline stable, and with M-die ICs, you take anything you can get.
Bottom Line
The Vengeance RGB CUDIMM DDR5-8400 C40 doesn’t have many weak points. The usual disclaimer applies to CUDIMMs and AMD’s current platform. The primary limitation, not with the memory kit but instead processor support, is its design orientation towards Intel Arrow Lake processors; consequently, getting the memory to work stably on an AMD platform poses a significant challenge since CUDIMMs aren’t fully supported. If you look past this impediment, you will see that the memory kit encompasses all the characteristics one would anticipate from a premium DDR5 memory kit.
The standard retail price for the memory kit is $349.99, which will deter many potential buyers. The Vengeance RGB CUDIMM DDR5-8400 C40 faces considerable challenges in competing, particularly considering that comparable memory kits in this segment commence at $249.99. Additionally, the Trident Z5 CK DDR5-8800 C42, which provides superior performance, is priced $30 lower than the Vengeance memory kit.
Corsair Vengeance RGB CUDIMM DDR5-8400 C40: Price Comparison
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U.S. and China to ease tariffs significantly for 90 days, White House announces
U.S. and China to ease tariffs significantly for 90 days, White House announces
The U.S. and China have agreed to a temporary but significant easing of the tariffs imposed over the last couple months, the country’s said in a joint statement shared by the White House, heralding significant success in trade negotiations that ramped up over the weekend.
In the joint statement released early Monday morning, the two sides said they had agreed that ongoing “discussions have the potential to address the concerns of each side in their economic and trade relationship,” and that “moving forward in the spirit of mutual opening, continued communication, cooperation, and mutual respect,” both parties had committed to a 90-day suspension of most of the levies imposed since early April.
“We have reached an agreement on a 90-day pause,” U.S. Treasury Secretary Scott Bessent told reporters in Geneva, Switzerland, where he spent the weekend in meetings with ******** counterparts. He said Washington and Beijing would reduce their reciprocal tariffs by 115 percentage points for three months to give the negotiations room to move forward.
U.S. Treasury Secretary Scott Bessent (R) and U.S. Trade Representative Jamieson Greer hold a news conference in Geneva, Switzerland, May 12, 2025, to give details of “substantial progress” following a two-day closed-door meeting between U.S. and ******** officials aimed at ending a tariff war.
FABRICE COFFRINI/AFP/Getty
Bessent said the temporary reductions would effectively reduce the level of U.S. tariffs still in place on ******** goods to about 30%, while China was reducing its levies on American imports to 10%.
The White House’s imposition of levies amounting to some 145% on all goods imported from China, and Beijing’s retaliatory tariffs of 125% on American imports, had cast a long shadow over global financial markets as the world’s two biggest economies spent the early spring appearing to entrench in a trade war.
The high tariffs had virtually frozen trade between the U.S. and China, with major American ports reporting a drastic drop in traffic.
“The consensus from both delegations this weekend is neither side wants a decoupling,” Bessent told reporters in Geneva on Monday. “And what had occurred with these very high tariff… was an embargo, the equivalent of an embargo, and neither side wants that. We do want trade. We want more balanced trade. And I think that both sides are committed to achieving that.”
In another sign that the U.S. may be ready to relent on its protectionist trade policies, President Trump on May 8 announced a pact with the United Kingdom under which the U.S. will lower tariffs on British cars from 27.5% to 10%, while also scrapping levies on steel and aluminum.
Stock market boost
Commodities and currency markets in Asia and beyond were buoyed significantly on the news of a breakthrough in the negotiations on Monday. Stock futures in the U.S. also soared, with the Dow gaining more than 1,000 points ahead of trade opening in New York on Monday, while the S&P 500 and Nasdaq Composite jumped 3.2% and 4%, respectively.
Speaking Sunday, Bessent said there had been “substantial progress” in the talks between U.S. and ******** officials in Geneva, while Greer teased that an agreement had been reached but offered no details.
“It’s important to understand how quickly we were able to come to agreement, which reflects that perhaps the differences were not so large as far as maybe thought,” Greer told reporters on Sunday.
Despite the cooldown, some Wall Street analysts questioned whether the truce will last and if the sides are committed to forging a more permanent agreement to ease tensions.
Bessent “stated that neither the U.S. nor China wants decoupling. We are skeptical,” Wei Yao, head of research Asia Pacific at Societe Generale Group. “To us, the thinking on reducing reliance on China for the supply of critical material seems more permanent, even though the U.S. may not mind continuing to buy clothes, toys or even iPhones from China.”
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Tucker Reals is CBSNews.com’s foreign editor, based in the CBS News London bureau. He has worked for CBS News since 2006, prior to which he worked for The Associated Press in Washington, D.C., and London.
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KindlyMD merging with Trump crypto advisor David Bailey’s Nakamoto
KindlyMD merging with Trump crypto advisor David Bailey’s Nakamoto
People walk past an advertisement feature Donald Trump with Bitcoin in Hong Kong.
May James | Lightrocket | Getty Images
Shares of KindlyMD skyrocketed 600% Monday after the healthcare company announced a merger with Nakamoto Holdings, a bitcoin investment company founded by David Bailey, a key cryptocurrency advisor to President Donald Trump.
The newly formed company has secured $200 million in convertible debt and $510 million in fresh capital through a private investment in public equity (PIPE) deal, offering shares at $1.12 each.
The raise drew support from more than 200 investors, including Actai Ventures, Arrington Capital, BSQ Capital Partners, Kingsway, Van Eck, and Yorkville Advisors.
Read more about tech and crypto from CNBC Pro
The roster of individual investors reads like a who’s who of bitcoin — cryptographer Adam Back; Balaji Srinivasan, a former Coinbase executive; Jihan Wu, co-founder of Bitmain; and Ricardo Salinas, the ******** billionaire who has become one of bitcoin’s most vocal supporters.
Bitcoin was trading above $104,000 Monday morning. The price of the crytocurrency lept above $100,000 on Thursday for the first time since February.
Shares of KindlyMD will continue to trade under the “KDLY” ticker. The combined company expects to be renamed and will get a new ticker symbol.
Nakamoto, led by Bailey as CEO, will focus on acquiring and holding bitcoin — a strategy that has become popular among investment firms seeking to turn their stock into a direct bet on the cryptocurrency’s price.
“We believe a future is coming where every balance sheet – public or private – holds bitcoin,” Bailey said in a press release.
Bailey isn’t the first to chase this model. Michael Saylor’s Strategy (formerly MicroStrategy) transformed itself from a software company into a bitcoin holding firm in 2020, converting its cash reserves into bitcoin and watching its stock skyrocket as bitcoin’s value surged.
But KindlyMD’s foray into crypto is even stranger, given that the company built its brand around combating opioid addiction with holistic health services.
“This merger represents a strategic leap for KindlyMD, allowing us to expand our mission,” said Tim Pickett, CEO of KindlyMD. “Nakamoto brings in a team with deep expertise in Bitcoin strategy and unparalleled access to the leading experts in bitcoin treasury management.”
Pickett, who will continue to oversee KindlyMD’s healthcare operations, insisted that the clinics will maintain their focus on treating opioid addiction and offering patient-first care.
“It’s a bold new vision that will drive long-term value for our shareholders,” added Pickett.
WATCH: How Trump was ‘orange-pilled’ by three bitcoiners in Puerto Rico
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Goku Is Single-Handedly Stopping a 4-Year-Old Guilty Gear Game From Imploding
Goku Is Single-Handedly Stopping a 4-Year-Old Guilty Gear Game From Imploding
For years, fans have joked that Goku can do anything. He can beat Superman, bend the laws of physics, and now apparently, he’s been holding the entire Guilty Gear game together with nothing but his metaphorical (and maybe literal?) Saiyan strength.
Players recently uncovered that Goku, or rather a mysterious in-game file cheekily named after him, is acting as a load-bearing file preventing the four-year-old Guilty Gear Strive from collapsing into a digital ****** hole. And honestly? Fans couldn’t be happier.
The Saiyan patchwork holding Guilty Gear Strive together
In what might be one of the strangest, most delightful discoveries in recent fighting game history, data miners and modders have found that Goku is the loading bearing file in Guilty Gear Strive. Yes, you read that correctly, the Saiyan (or at least the file named after him) is crucial to the game.
If players remove or modify the file, the game starts stuttering, menus vanish, and combos misfire into oblivion. It turns out Arc System Works, knowingly or not, created the most powerful character cameo in the game without even putting him on the roster.
What’s even wilder is that while various fan-made mods over the years have allowed players to swing fists and toss Kamehamehas as Goku in Guilty Gear, nobody realized that the Saiyan was already baked into the game files themselves. Until now.
All this time, without our knowledge, he was silently serving as the backbone of the code, the unseen champion making sure the frame data didn’t crumble into dust like a poorly timed Instant Kill.
While the Saiyan has no official presence, this spiritual load-bearing cameo feels perfectly fitting. After all, who else but him, the anime character who once held back the literal collapse of universes in Dragon Ball Super, could be the glue keeping a beloved fighter upright in its fourth year?
Fans are charging their Spirit Bombs in celebration
He isn’t just fighting… he’s debugging as well. | Image Credit: Arc System Works
Rather than being concerned about one file being able to break the entire game, the community has practically thrown a party. Memes and fan art are flooding the internet, depicting Goku in everything from Guilty Gear stages to being literally chained to the game.
It’s a quirky, joyous celebration that only a fandom as passionate as Guilty Gear’s could pull off. More importantly, players are treating this discovery as a badge of honor.
Some fans even joked that this is the closest we’ll ever get to Goku in an ArcSys fighter, considering how many years fans have been begging for him to appear in the game officially.
Whether this was intentional wizardry by Arc System Works or just a hilarious accident of old code, one thing is clear: the Saiyan is, once again, saving the universe. So the next time your combos land perfectly and the rollback netcode holds steady, just say “Thank you, Goku.”
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