Billion Dollar Club Archives - Page 3 of 56

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…

FridayAug 21, 2026 9:00 am

VERAXA Biotech AG (NASDAQ: VRXA) Builds Antibody-Based Cancer Pipeline Around Dual-Targeting Precision

VERAXA Biotech is changing how antibody-based therapies recognize and attack cancer cells, developing antibody-based cancer therapies with an emphasis on bispecific antibody-drug conjugates (“ADCs”) and T-cell engagers (“TCEs”). Its proprietary BiTAC platform uses a dual-targeting, “AND-gated” architecture designed to activate therapeutic effects preferentially at tumor sites. The company has advanced its lead BiTAC-TCE toward IND/CTA-enabling activities following cell-line development work and regulatory feedback from Germany’s Paul-Ehrlich-Institute. VERAXA’s VXA-222 bispecific ADC has moved beyond the initial discovery phase following completion of the antibody-discovery step with OmniAb. The company reported more than 50 granted owned or exclusively licensed patents across 26 patent…

ThursdayAug 20, 2026 10:00 am

Hundreds of Young People Join UN Talks on the Future of AI

More than 600 young people from different parts of the world came together in New York for a United Nations summit focused on artificial intelligence policy and governance. The meeting gave young people an opportunity to discuss how AI should be developed, regulated and used, while also considering its potential to support the UN Sustainable Development Goals. A major outcome of the meeting was the creation of the Youth-led Declaration on AI Policy and Governance. The document presents concerns shared by young people, outlines principles they believe should guide AI development and offers recommendations for policymakers. The organizers hope the…

TuesdayAug 18, 2026 10:00 am

Congressional Democrats Prepare to Take on Federal Crypto Regulators

Congressional Democrats are preparing for a new fight with the Trump administration’s top financial regulators over the future of cryptocurrency in the United States. The dispute comes after lawmakers failed to reach an agreement on the Clarity Act, a major bill designed to create clearer rules for the growing digital asset industry. With the legislation delayed, the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) are preparing to move forward with their own cryptocurrency policies. Paul Atkins, the SEC Chair, and Michael Selig, the CFTC Chair, have both indicated that their agencies are prepared to introduce…

FridayAug 14, 2026 10:00 am

Experts Say People, Not AI, Are the Biggest Threat

Artificial intelligence is becoming more powerful every day, raising concerns about whether machines could eventually become a major threat to people and businesses. However, cybersecurity experts say the biggest danger is still not AI itself. It is the people who use the technology for harmful purposes. Artificial intelligence has given cybercriminals new ways to carry out attacks. With the right tools, attackers can create malicious software, study potential targets, produce convincing scams and automate different parts of cyberattacks. These activities can now be completed faster and with less effort than before. The scale of the problem is already significant. According…

ThursdayAug 13, 2026 10:00 am

Disney, TikTok Agree Deal on Sharing of Short Videos

Disney and TikTok have entered a new partnership that will allow TikTok creators to use characters, scenes and other content from Disney movies and television shows in short-form videos. The agreement, announced on August 5, 2026, is the first partnership of its kind between TikTok and a traditional media company. It brings together Disney’s large collection of entertainment brands and TikTok’s huge community of creators who produce short videos for mobile audiences. Under the agreement, creators will be given access to content from hundreds of Disney films and television series. This includes popular brands such as Pixar, Marvel, Star Wars…

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Category: Billion Dollar Club