Billion Dollar Club Archives - BillionDollarClub

WednesdaySep 09, 2026 10:00 am

Australia Considers Requiring Social Media to Have Algorithm Opt-In Feature for Users

Australia is considering a major change to the way social media platforms use recommendation algorithms. The government is weighing whether users should have to actively choose to use these systems instead of having them switched on automatically when they create an account. The proposal is part of a wider government effort to reduce family as well as domestic violence and protect young people from harmful online content. Officials are increasingly concerned that social media platforms can quickly direct users toward violent, misogynistic and sexually harmful material. Tanya Plibersek, the minister for social services, has raised strong concerns about the role…

FridaySep 04, 2026 10:00 am

Investors Lose $4.7B in Trump-Linked Crypto Ventures, Group Says

A new report has raised concerns about the financial risks surrounding cryptocurrency projects connected to U.S. President Donald Trump, estimating that investors have lost at least $4.7 billion across several ventures. The estimate comes from Public Citizen, an advocacy group that examined five crypto products associated with Trump. The losses include investments that have already been sold at a loss as well as assets that have dropped in value but are still being held by investors. The TRUMP memecoin represents the largest portion of the estimated losses. Trump introduced the cryptocurrency in January 2025, shortly before he returned to the…

ThursdaySep 03, 2026 10:00 am

America Bets $2B in Race to Dominate Quantum Computing

The United States is making a major push to take the lead in quantum computing with a $2 billion investment aimed at speeding up research and development in the field. The move comes as the U.S. faces growing competition from China and sees quantum technology as an important part of its future economic and national security strategy. At the heart of the effort is the Quantum Genesis Initiative, which aims to develop the world’s first fault-tolerant quantum computer by 2028. Such a machine could perform certain complex calculations that are far beyond the practical capabilities of today’s traditional computers. Quantum…

TuesdaySep 01, 2026 10:00 am

Hyundai to Lean on Its New Batteries to Ramp Up EV Production

Hyundai is preparing to accelerate its electric vehicle (EV) expansion by relying on new battery technology that promises higher output, faster charging and lower costs. The South Korean automaker wants electrified vehicles to account for 60% of its global sales by 2030, a major increase from the 23% recorded last year. The company outlined its plans during its 2026 CEO Investor Day, where it also announced plans to launch or update more than 100 vehicle models by 2030. Hyundai is targeting an operating margin of more than 9% as it expands its electrified vehicle business. At the center of the…

ThursdayAug 27, 2026 1:30 pm

VERAXA Biotech AG (NASDAQ: VRXA), Secarna Partnership Milestone Opens New Potential Market for Conjugation Technology

VERAXA Biotech and Secarna Pharmaceuticals have reported an initial in vitro proof of concept for an antibody oligonucleotide conjugate (“AOC”) developed through their research alliance. The AOC candidate demonstrated greater potency than the equivalent unconjugated oligonucleotide in early testing, providing a first experimental validation of the collaboration. AOCs are an emerging class of antibody-guided therapies designed to use an antibody to deliver therapeutic oligonucleotides selectively to disease-relevant cells. VERAXA contributes antibody conjugation expertise and proprietary click chemistry, allowing it to participate in AOCs without shifting its core oncology strategy. The collaboration adds to VERAXA’s growing partnering track record, which also…

ThursdayAug 27, 2026 10:00 am

Tesla Embarks on Recalling 3 Million EVs Over Door Handle Risks

Tesla has begun a major safety recall in China involving nearly 3 million electric vehicles because of a potential problem with their emergency door handles. The recall affects several Tesla models and comes as the company also addresses a separate issue with driver-attention monitoring in vehicles equipped with assisted-driving features. The recall was announced by China’s State Administration for Market Regulation (SAMR) as part of a wider campaign involving more than 4.27 million vehicles from nine automakers. Tesla vehicles account for almost 70 percent of the total vehicles included in the campaign. The main concern with the Tesla vehicles is…

ThursdayAug 27, 2026 10:00 am

Russian Central Bank Eases Crypto Rules for Qualified Investors

Russia’s central bank is making it easier for individuals to become qualified investors as the country prepares to introduce a regulated cryptocurrency market. The Bank of Russia will introduce a new qualification route on August 31, allowing individuals to gain qualified investor status by passing an approved financial-market knowledge test. The move could give more people access to higher cryptocurrency purchase limits under Russia’s new crypto framework. Under the new system, investors can prove their financial knowledge through certificates issued by approved Russian institutions. These include the Qualifin Certificate from the National Finance Association and the MOEX Investor Certificate from…

TuesdayAug 25, 2026 10:00 am

Dwindling Domestic Sales Push Chinese EV Makers to Double Down Internationally

Chinese electric vehicle (EV) companies are accelerating their expansion into international markets as demand for their vehicles slows at home. After years of strong growth in China, automakers are increasingly looking abroad for new customers and opportunities. China exported around 540,000 electric vehicles in July 2026, marking a record for a single month. At the same time, about 980,000 EVs were sold within the country. This means that roughly one vehicle was shipped overseas for every two sold in the domestic market. The ratio was much lower a year earlier, when China exported about one EV for every five sold…

MondayAug 24, 2026 9:00 am

VERAXA Biotech AG (NASDAQ: VRXA) Advances VXA-222 Cancer Program Beyond Discovery Phase

Following completion of the initial phase of its collaboration with OmniAb, VERAXA will engineer the final VXA-222 candidate and conduct the preclinical validation needed to determine the program’s next development steps. VXA-222 uses an “AND-gate” approach designed to recognize two tumor-associated antigens simultaneously before delivering its therapeutic payload. The company has separately filed its first patents related to its BiTAC-TCE and BiTAC-ADC platforms while expanding protection around antibody conjugation and payload technologies. The company is building a diversified oncology pipeline spanning bispecific T-cell engagers, ADCs, and other engineered antibody formats. VERAXA Biotech (NASDAQ: VRXA), an emerging leader in designing novel…

FridayAug 21, 2026 10:00 am

Sales of Used Electric Vehicles Continue Surging, Data Shows

Sales of used electric vehicles (EVs) continued to rise in July, showing that demand for affordable electric cars remains strong even as the wider new-EV market faces serious challenges. Data from Cox Automotive showed that sales of used EVs increased by 7.7 percent between June and July 2026. Compared with July 2025, sales were 10.1 percent higher. The growth is notable because new electric vehicle sales have struggled during the same period. New EV sales rose only 3.2 percent from June but were still 41.5 percent lower than they were a year earlier. One of the main reasons behind the…

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