Sources reveal that the main reason for DeepSeek's current fundraising effort is the significant recent talent loss. Several core researchers have left the company to join ByteDance, Tencent, Xiaomi, and autonomous driving company Yuanrong Qihang. Meanwhile, competitors Zhiyu Technology and MiniMax have listed on the Hong Kong Stock Exchange, and the company Dark Side of the Moon has completed three rounds of financing in the first three months of this year, with a valuation more than quadrupling since the end of last year.
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DeepSeek Plans to Raise $1.8 Billion with a Valuation of Approximately $20 Billion
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Iranian Lawmaker: Comprehensive Plan for Managing the Strait of Hormuz Formed
On April 25, according to a report by Iran's Mehr News Agency, Iranian Islamic Parliament member Behnam Saidi stated that Iran has developed a comprehensive plan for managing the Strait of Hormuz. In an interview with Mehr News Agency, Saidi mentioned that an important aspect of this plan is the exclusive recognition of the name 'Persian Gulf' in all correspondence and commercial documents, rejecting any other names. Vessels and ships navigating in the region must obtain permission from Iran. Sovereignty over the Strait of Hormuz will be entirely under Iran's control. He also stated that vessels identified as hostile by the Supreme National Security Council or the General Staff of the Armed Forces of Iran are not allowed to pass through the Strait of Hormuz, and Israeli vessels are absolutely prohibited from entering the area. Ships passing through the region must pay relevant fees concerning safety, environmental protection, shipping management, and licensing, with priority given to payments in rials. -
Iran Warns U.S. Against Continuing Piracy Actions
On April 25, according to CCTV International News, Iran's Khatam al-Anbia Central Command issued a statement today warning that if U.S. forces continue to implement 'blockades, maritime interceptions, and piracy actions' in the region, they will face a strong counterattack from the Iranian armed forces. The statement emphasized that the U.S. should recognize that Iran's military capabilities and preparedness in safeguarding national sovereignty, territorial integrity, and national interests are stronger than ever, as demonstrated in previous conflicts. The statement also noted that Iran will continue to monitor enemy actions and movements and maintain control over the Strait of Hormuz. Should the enemy take further actions, Iran will respond with even harsher strikes. -
Sources: Iran's Stance is Tougher than in First Round of Negotiations
On April 25, official sources from Pakistan stated that Iran has adopted a tougher position compared to the first round of negotiations, emphasizing that any plan to end the war must be implemented according to Iran's conditions, rather than those proposed by U.S. President Trump. (Xinhua News Agency) -
Iran Open to Negotiations with the U.S. but Will Not Abandon Uranium Enrichment
On April 25, the Wall Street Journal reported that a senior Iranian diplomat stated Iran is open to negotiations with the United States but will not abandon its uranium enrichment activities. Iran's ambassador to India, Mohammad Fathali, posted on social media on Saturday, saying, 'Negotiations can yield appropriate results only when our opponents recognize our country's right to peacefully utilize nuclear energy.' The report indicates that the U.S. is currently seeking to have Iran suspend its uranium enrichment program for up to 20 years. -
Israel Actively Prepares to Resume War Against Iran
On April 25, according to CCTV International News, in the context of stalled substantive progress in US-Iran negotiations, Israel has been intensifying preparations to restart the war. Israeli media analysis suggests that Israel has not fully achieved its set war objectives. Since the temporary ceasefire, Israel's substantial military readiness expansion has never ceased, including replenishing weapons and ammunition, updating its list of targets for strikes against Iran, and formulating joint military plans with the US military. Once the US decides to resume military actions, Israel will ensure it can respond immediately. -
UK cracks down on illegal peer-to-peer crypto trading in nationwide raids
The Financial Conduct Authority has raided eight locations suspected of illegal peer-to-peer crypto trading, issuing cease-and-desist orders.
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NVIDIA's Market Value Surpasses $5 Trillion Again
On April 24, NVIDIA's stock price rose by 3.08%, reaching $205.790 per share, with a total market value of $5.00 trillion. The stock price hit a new high since late October 2025. -
Ethereum Foundation to Sell 10,000 ETH to BitMine
On April 24, the Ethereum Foundation announced the finalization of a sale of 10,000 ETH to BitMine, the first treasury company of Ethereum, through an over-the-counter (OTC) trading platform, at an average price of $2,387 per ETH. -
Sources: U.S. Justice Department Expected to Drop Criminal Investigation into Powell
On April 24, multiple informed sources revealed that the U.S. Justice Department is expected to conclude its criminal investigation into Federal Reserve Chairman Jerome Powell as early as Friday, thereby ending a stalemate that could have delayed the appointment of Powell's successor. Sources indicated that senior officials from the Justice Department recently contacted several senators, including Republican Senator Thom Tillis, a member of the Senate Banking Committee, to inform them of the plan to abandon the investigation into alleged cost overruns related to the renovation of the Federal Reserve's Washington headquarters, and to refer the matter to the Federal Reserve's internal oversight body. Powell's term is set to end next month, but he stated in March that he would remain until Trump's nominee for Federal Reserve Chair, Waller, is confirmed. (ABC News) -
U.S. Stock Indices Open Higher; Intel Surges Approximately 23% to Record High
On April 24, U.S. stock indices opened higher across the board, with the Dow Jones up 0.02%, the S&P 500 rising 0.4%, and the Nasdaq increasing by 0.73%. Intel surged approximately 23%, reaching a record high; the company expects second-quarter revenue between $13.8 billion and $14.8 billion, while the market estimate is $13.04 billion. AMD rose over 10%, and Arm increased more than 8%. Nvidia's stock price rose by 0.11%, while Google's Class A shares fell by 0.49%. Apple's stock price decreased by 0.61%, Microsoft’s stock rose by 0.47%, Amazon's stock increased by 1.42%, Meta Platforms Inc Class A shares fell by 0.34%, Tesla's stock remained unchanged, and Netflix's stock dropped by 0.92%.
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