News

PIMCO, a global investment management firm, predicts a 30-35% chance of a recession in the U.S. economy in 2025, despite the ongoing tariff battle and the Federal Reserve's projections of higher inflation and lower growth. However, the firm believes any recession would be mild and short-lived, and that stagflation is unlikely.

Signal, a popular encrypted messaging platform often considered the "gold standard" for secure communication, is facing scrutiny after a series of incidents raised concerns about its security. The platform, known for its strong encryption, is defending its reputation and denying any vulnerabilities in its core technology.

Faraday Future officially entered the East Coast market with the delivery of its FF 91 2.0 Futurist Alliance in New York City, marking a significant step in its expansion plans. The company also secured $41 million in new financing to further its development of the Future Faraday FX brand and AI capabilities.

GameStop Corp (GME) reported fourth-quarter revenue of $1.283 billion, falling short of the anticipated $1.48 billion. Despite the revenue miss, the video game retailer managed to surpass analyst expectations for adjusted earnings, reporting 30 cents per share compared to the projected eight cents per share.

Google unveiled Gemini 2.5 Pro, a powerful AI model designed for advanced reasoning and code generation, available now for users subscribed to Gemini Advanced. This model is the first in a new family of AI models that can pause and think before answering complex questions, achieving top scores on several benchmarks.