TikTok CEO Shou Zi Chew Testifies Before US Congressional Hearing on Security and Chinese Government Influence

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TikTok CEO Shou Zi Chew faced a grueling five-hour testimony before a US congressional hearing as lawmakers questioned him over security concerns and the potential influence of the Chinese government. This was Chow’s first appearance before US lawmakers as the TikTok CEO, and the hearing witnessed a rare bipartisan call for banning the app on … Read more

US Contractor Killed by Suspected Iranian Drone in Syria, US Carries out Retaliatory Airstrike

Iranian Drone

In a statement released by the Pentagon on Thursday, a US contractor was killed by a suspected Iranian-affiliated drone in Syria. The drone attacked a facility that housed US personnel in northeast Syria and injured five other US service members, as well as an additional US contractor. In response to the attack, the US military … Read more

USA Class 2 E-bikes Market to Reach $4 Billion by 2029 with 20.80% CAGR

Due to the growing popularity of electric bikes in the United States, the classification of e-bikes has become increasingly important. One particular classification gaining attention is the Class 2 e-bike, which is equipped with a throttle-assist and has a maximum speed of 20 mph. While Class 2 e-bikes are allowed in most places that traditional … Read more

LMS Faces Huge competition From New LXP Platform in Learning Technology Market

The learning technology space has been shaken up by the emergence of a new contender, the Learning Experience Platform (LXP). For many decades, the Learning Management System (LMS) has dominated this market, but the LXP has found its own niche by creating and nurturing a culture of learning within organizations. While the LMS has primarily … Read more

China’s Huge Consumption Drives Global Li-ion Battery ESS Market to New Level

Li-ion Battery Energy Storage Systems (ESS) have become a popular technology for storing energy generated by renewable sources, such as solar and wind. This flexible and scalable technology has a wide range of applications, including residential, commercial, and industrial facilities, telecommunications, uninterruptible power supply, and portable energy storage. The Li-ion Battery ESS comprises several components, … Read more

U.S. Releases Declassified Video of Russian Fighter Jet Colliding with American Drone over Black Sea

The U.S. military has released newly declassified video footage that it says shows a Russian fighter jet harassing and colliding with an American drone over the Black Sea. The video, filmed from the drone’s onboard camera, was released by the U.S. European Command on Thursday morning. According to U.S. officials, the Russian Su-27 fighter jet … Read more

Global SGT MOSFET Market – Infineon and ON Semiconductor Takes 64.30% of the Market Share in 2022, Report

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According to a recent report by QYR, the global SGT MOSFET market is set to experience strong growth in the coming years. The report predicts that the market will reach USD 2,347.38 million in 2022, with a compound annual growth rate (CAGR) of 24.43% between 2023 and 2029. By 2029, the market is expected to … Read more

ByteDance Valued at $220 Billion in Recent Investment by Abu Dhabi’s G42, a Significant Discount from TikTok’s Owner’s Share Buy-Back Program

ByteDance was valued at around US$220 billion in a recent private-market investment by Abu Dhabi artificial intelligence (AI) firm G42, a significant discount to the US$300 billion that TikTok‚Äôs owner set during a recent share buy-back programme. G42, controlled by United Arab Emirates royal Sheikh Tahnoon bin Zayed Al Nahyan, acquired a US$100 million-plus stake from existing … Read more

Photocurrent Transformer Market to Surpass US$930 Million by 2029

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QYResearch has published a market research report on opto-current transformers (OCT), also known as magneto-optical opto-current transformers, highlighting their high safety performance and measurement accuracy advantages. The report notes that photocurrent transformers have become a hot research topic in the field of transformers both at home and abroad and are widely used in substations, converter stations, DC grids, smart grids, and other industries.

Ultra-Pure Water Purification Unit Market Projected to Reach $783 Million by 2029, Says New Report

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A new ultra-pure water system has been developed that uses UV radiation to eliminate bacteria, resulting in extremely low levels of anionic contamination and total organic carbon (TOC). The laboratory water purification system achieves up to 18.2 MOhm-cm in resistivity, which is an indication of low levels of anionic contamination. The ultrapure water system also … Read more