Latest news with #RICE
Yahoo
31-07-2025
- Business
- Yahoo
Rice Robotics to Debut RICE Token for AI Data Marketplace on TokenFi Launchpad
Rice Robotics, the company behind the RICE AI platform, said it will start selling its RICE token on Aug. 5 via the TokenFi Launchpad. RICE will power a decentralized data marketplace for AI-powered robots, which is part of a broader effort to tokenize robotics data and scale decentralized physical infrastructure, or DePIN, the Hong Kong-based company said in a release. The $750,000 presale represents 10% of the total 1 billion token supply, with a valuation of $7.5 million. Launch partners include BNB Chain, DWF Labs, and Floki, a memecoin ecosystem with over 700,000 holders and its own tokenization platform, TokenFi. Rice Robotics is known for its indoor autonomous delivery robots, which are deployed at Softbank's Tokyo headquarters, Mitsui Fudosan's Tokyo Midtown Yaesu property and 7-Eleven Japan stores, where they integrate with the 7-Now delivery app. The company is part of the Nvidia Inception program and was selected for MVB Season 10, an accelerator co-hosted by BNB Chain, CoinMarketCap Labs and YziLabs. In April, Rice Robotics and Floki announced the introduction of the Floki-branded Minibot M1, an AI-powered consumer robot that runs on the RICE AI platform. 800 Minibot units sold out in a 24-hour presale held in May, CoinDesk reported. Owners will be eligible for a RICE airdrop at token generation. The token will underpin Rice's decentralized robotics foundry, where companies and individuals can contribute real-world robotics data and receive token rewards. That data is sold to companies or labs needing specialized training sets. In-house foundation models trained on this data will be offered on a subscription basis, with discounts for payments in RICE. The token will also serve as a governance asset and incorporate a deflationary mechanism via token burns funded by platform fees. Earlier this year, the company raised $7 million in pre-Series A funding from investors including the Alibaba Entrepreneurs Fund, Soul Capital, Audacy Ventures, Sun Hung Kai & Co., and Cyberport HK. It also won top honors at a BNB Demo Day event in Dubai, where Binance founder CZ was a judge. Error al recuperar los datos Inicia sesión para acceder a tu cartera de valores Error al recuperar los datos Error al recuperar los datos Error al recuperar los datos Error al recuperar los datos
The Advertiser
01-07-2025
- Business
- The Advertiser
Trump says Japan will receive trade letter
US President Donald Trump says Japan will be the recipient of a letter related to trade, following pledges by his administration to send letters to countries outlining tariffs they would need to pay to the United States. "I have great respect for Japan, they won't take our RICE, and yet they have a massive rice shortage," he said in a Truth Social post. "We'll just be sending them a letter, and we love having them as a Trading Partner for many years to come." Trump did not say what terms would be outlined in the letter. Kevin Hassett, director of the National Economic Council, told reporters at the White House that Trump "is going to finalise the frameworks we negotiated with a whole bunch of countries after the weekend". Trump has suggested that the US will be sending letters to many countries, informing them of the new tariff rates they will face from the US after a July 9 deadline when the president's 90-day pause on "reciprocal" tariffs expires. Hassett said of tariff negotiations with Japan that there will "still be discussions right up to the end". Hassett also confirmed on Monday that US-Canada trade negotiations would resume after Canada scrapped plans for a digital services tax targeting US technology firms. "Absolutely," Hassett said on Fox News Channel when asked about the talks restarting. White House press secretary Karoline Leavitt told reporters that Canadian Prime Minister Mark Carney called Trump on Sunday evening to tell him the tax was being dropped, calling it a big victory for US tech companies. "Very simple. Prime Minister Carney in Canada caved to President Trump and the United States of America," she said, crediting Trump's hard-line negotiating style for the shift. "President Trump knows ... that every country on the planet needs to have good trade relationships with the United States, and it was a mistake for Canada to vow to implement that tax that would have hurt our tech companies here in the United States," she said. Trump had asked Canada to drop the tax at a G7 meeting in Canada earlier in June, Hassett said. "It's something that they've studied, now they've agreed to, and for sure that means that we can get back to the negotiations." Canada's finance ministry said late on Sunday that Carney and Trump would resume trade negotiations in order to agree on a deal by July 21. "Thank you Canada for removing your Digital Services Tax which was intended to stifle American innovation and would have been a deal breaker for any trade deal with America," US Commerce Secretary Howard Lutnick responded in a post on X. Stocks hit record highs on Wall Street on Monday morning as sentiment in the markets rose amid optimism about US trade negotiations with key partners including Canada. US Treasury Secretary Scott Bessent also struck an optimistic tone over the potential for "a flurry" of trade deals ahead of a July 9 deadline, after which 10 per cent US tariff rates on imports from many countries are set to snap back to Trump's April 2 announced rates of 11 per cent to 50 per cent. But Bessent, speaking on Bloomberg Television, warned that countries may not get extensions from that deadline even if they are negotiating in good faith as he suggested previously. Any extensions would be up to Trump himself, Bessent said. Leavitt said Trump was meeting his trade team this week to set tariff rates for those countries that were not negotiating. "He is going to set the rates for many of these countries if they don't come to the table to negotiate in good faith, and he is meeting with his trade team this week to do that," she said. with AP US President Donald Trump says Japan will be the recipient of a letter related to trade, following pledges by his administration to send letters to countries outlining tariffs they would need to pay to the United States. "I have great respect for Japan, they won't take our RICE, and yet they have a massive rice shortage," he said in a Truth Social post. "We'll just be sending them a letter, and we love having them as a Trading Partner for many years to come." Trump did not say what terms would be outlined in the letter. Kevin Hassett, director of the National Economic Council, told reporters at the White House that Trump "is going to finalise the frameworks we negotiated with a whole bunch of countries after the weekend". Trump has suggested that the US will be sending letters to many countries, informing them of the new tariff rates they will face from the US after a July 9 deadline when the president's 90-day pause on "reciprocal" tariffs expires. Hassett said of tariff negotiations with Japan that there will "still be discussions right up to the end". Hassett also confirmed on Monday that US-Canada trade negotiations would resume after Canada scrapped plans for a digital services tax targeting US technology firms. "Absolutely," Hassett said on Fox News Channel when asked about the talks restarting. White House press secretary Karoline Leavitt told reporters that Canadian Prime Minister Mark Carney called Trump on Sunday evening to tell him the tax was being dropped, calling it a big victory for US tech companies. "Very simple. Prime Minister Carney in Canada caved to President Trump and the United States of America," she said, crediting Trump's hard-line negotiating style for the shift. "President Trump knows ... that every country on the planet needs to have good trade relationships with the United States, and it was a mistake for Canada to vow to implement that tax that would have hurt our tech companies here in the United States," she said. Trump had asked Canada to drop the tax at a G7 meeting in Canada earlier in June, Hassett said. "It's something that they've studied, now they've agreed to, and for sure that means that we can get back to the negotiations." Canada's finance ministry said late on Sunday that Carney and Trump would resume trade negotiations in order to agree on a deal by July 21. "Thank you Canada for removing your Digital Services Tax which was intended to stifle American innovation and would have been a deal breaker for any trade deal with America," US Commerce Secretary Howard Lutnick responded in a post on X. Stocks hit record highs on Wall Street on Monday morning as sentiment in the markets rose amid optimism about US trade negotiations with key partners including Canada. US Treasury Secretary Scott Bessent also struck an optimistic tone over the potential for "a flurry" of trade deals ahead of a July 9 deadline, after which 10 per cent US tariff rates on imports from many countries are set to snap back to Trump's April 2 announced rates of 11 per cent to 50 per cent. But Bessent, speaking on Bloomberg Television, warned that countries may not get extensions from that deadline even if they are negotiating in good faith as he suggested previously. Any extensions would be up to Trump himself, Bessent said. Leavitt said Trump was meeting his trade team this week to set tariff rates for those countries that were not negotiating. "He is going to set the rates for many of these countries if they don't come to the table to negotiate in good faith, and he is meeting with his trade team this week to do that," she said. with AP US President Donald Trump says Japan will be the recipient of a letter related to trade, following pledges by his administration to send letters to countries outlining tariffs they would need to pay to the United States. "I have great respect for Japan, they won't take our RICE, and yet they have a massive rice shortage," he said in a Truth Social post. "We'll just be sending them a letter, and we love having them as a Trading Partner for many years to come." Trump did not say what terms would be outlined in the letter. Kevin Hassett, director of the National Economic Council, told reporters at the White House that Trump "is going to finalise the frameworks we negotiated with a whole bunch of countries after the weekend". Trump has suggested that the US will be sending letters to many countries, informing them of the new tariff rates they will face from the US after a July 9 deadline when the president's 90-day pause on "reciprocal" tariffs expires. Hassett said of tariff negotiations with Japan that there will "still be discussions right up to the end". Hassett also confirmed on Monday that US-Canada trade negotiations would resume after Canada scrapped plans for a digital services tax targeting US technology firms. "Absolutely," Hassett said on Fox News Channel when asked about the talks restarting. White House press secretary Karoline Leavitt told reporters that Canadian Prime Minister Mark Carney called Trump on Sunday evening to tell him the tax was being dropped, calling it a big victory for US tech companies. "Very simple. Prime Minister Carney in Canada caved to President Trump and the United States of America," she said, crediting Trump's hard-line negotiating style for the shift. "President Trump knows ... that every country on the planet needs to have good trade relationships with the United States, and it was a mistake for Canada to vow to implement that tax that would have hurt our tech companies here in the United States," she said. Trump had asked Canada to drop the tax at a G7 meeting in Canada earlier in June, Hassett said. "It's something that they've studied, now they've agreed to, and for sure that means that we can get back to the negotiations." Canada's finance ministry said late on Sunday that Carney and Trump would resume trade negotiations in order to agree on a deal by July 21. "Thank you Canada for removing your Digital Services Tax which was intended to stifle American innovation and would have been a deal breaker for any trade deal with America," US Commerce Secretary Howard Lutnick responded in a post on X. Stocks hit record highs on Wall Street on Monday morning as sentiment in the markets rose amid optimism about US trade negotiations with key partners including Canada. US Treasury Secretary Scott Bessent also struck an optimistic tone over the potential for "a flurry" of trade deals ahead of a July 9 deadline, after which 10 per cent US tariff rates on imports from many countries are set to snap back to Trump's April 2 announced rates of 11 per cent to 50 per cent. But Bessent, speaking on Bloomberg Television, warned that countries may not get extensions from that deadline even if they are negotiating in good faith as he suggested previously. Any extensions would be up to Trump himself, Bessent said. Leavitt said Trump was meeting his trade team this week to set tariff rates for those countries that were not negotiating. "He is going to set the rates for many of these countries if they don't come to the table to negotiate in good faith, and he is meeting with his trade team this week to do that," she said. with AP US President Donald Trump says Japan will be the recipient of a letter related to trade, following pledges by his administration to send letters to countries outlining tariffs they would need to pay to the United States. "I have great respect for Japan, they won't take our RICE, and yet they have a massive rice shortage," he said in a Truth Social post. "We'll just be sending them a letter, and we love having them as a Trading Partner for many years to come." Trump did not say what terms would be outlined in the letter. Kevin Hassett, director of the National Economic Council, told reporters at the White House that Trump "is going to finalise the frameworks we negotiated with a whole bunch of countries after the weekend". Trump has suggested that the US will be sending letters to many countries, informing them of the new tariff rates they will face from the US after a July 9 deadline when the president's 90-day pause on "reciprocal" tariffs expires. Hassett said of tariff negotiations with Japan that there will "still be discussions right up to the end". Hassett also confirmed on Monday that US-Canada trade negotiations would resume after Canada scrapped plans for a digital services tax targeting US technology firms. "Absolutely," Hassett said on Fox News Channel when asked about the talks restarting. White House press secretary Karoline Leavitt told reporters that Canadian Prime Minister Mark Carney called Trump on Sunday evening to tell him the tax was being dropped, calling it a big victory for US tech companies. "Very simple. Prime Minister Carney in Canada caved to President Trump and the United States of America," she said, crediting Trump's hard-line negotiating style for the shift. "President Trump knows ... that every country on the planet needs to have good trade relationships with the United States, and it was a mistake for Canada to vow to implement that tax that would have hurt our tech companies here in the United States," she said. Trump had asked Canada to drop the tax at a G7 meeting in Canada earlier in June, Hassett said. "It's something that they've studied, now they've agreed to, and for sure that means that we can get back to the negotiations." Canada's finance ministry said late on Sunday that Carney and Trump would resume trade negotiations in order to agree on a deal by July 21. "Thank you Canada for removing your Digital Services Tax which was intended to stifle American innovation and would have been a deal breaker for any trade deal with America," US Commerce Secretary Howard Lutnick responded in a post on X. Stocks hit record highs on Wall Street on Monday morning as sentiment in the markets rose amid optimism about US trade negotiations with key partners including Canada. US Treasury Secretary Scott Bessent also struck an optimistic tone over the potential for "a flurry" of trade deals ahead of a July 9 deadline, after which 10 per cent US tariff rates on imports from many countries are set to snap back to Trump's April 2 announced rates of 11 per cent to 50 per cent. But Bessent, speaking on Bloomberg Television, warned that countries may not get extensions from that deadline even if they are negotiating in good faith as he suggested previously. Any extensions would be up to Trump himself, Bessent said. Leavitt said Trump was meeting his trade team this week to set tariff rates for those countries that were not negotiating. "He is going to set the rates for many of these countries if they don't come to the table to negotiate in good faith, and he is meeting with his trade team this week to do that," she said. with AP
West Australian
30-06-2025
- Business
- West Australian
Trump says Japan will receive trade letter
US President Donald Trump says Japan will be the recipient of a letter related to trade, following pledges by his administration to send letters to countries outlining tariffs they would need to pay to the United States. "I have great respect for Japan, they won't take our RICE, and yet they have a massive rice shortage," he said in a Truth Social post. "We'll just be sending them a letter, and we love having them as a Trading Partner for many years to come." Trump did not say what terms would be outlined in the letter. Kevin Hassett, director of the National Economic Council, told reporters at the White House that Trump "is going to finalise the frameworks we negotiated with a whole bunch of countries after the weekend". Trump has suggested that the US will be sending letters to many countries, informing them of the new tariff rates they will face from the US after a July 9 deadline when the president's 90-day pause on "reciprocal" tariffs expires. Hassett said of tariff negotiations with Japan that there will "still be discussions right up to the end". Hassett also confirmed on Monday that US-Canada trade negotiations would resume after Canada scrapped plans for a digital services tax targeting US technology firms. "Absolutely," Hassett said on Fox News Channel when asked about the talks restarting. White House press secretary Karoline Leavitt told reporters that Canadian Prime Minister Mark Carney called Trump on Sunday evening to tell him the tax was being dropped, calling it a big victory for US tech companies. "Very simple. Prime Minister Carney in Canada caved to President Trump and the United States of America," she said, crediting Trump's hard-line negotiating style for the shift. "President Trump knows ... that every country on the planet needs to have good trade relationships with the United States, and it was a mistake for Canada to vow to implement that tax that would have hurt our tech companies here in the United States," she said. Trump had asked Canada to drop the tax at a G7 meeting in Canada earlier in June, Hassett said. "It's something that they've studied, now they've agreed to, and for sure that means that we can get back to the negotiations." Canada's finance ministry said late on Sunday that Carney and Trump would resume trade negotiations in order to agree on a deal by July 21. "Thank you Canada for removing your Digital Services Tax which was intended to stifle American innovation and would have been a deal breaker for any trade deal with America," US Commerce Secretary Howard Lutnick responded in a post on X. Stocks hit record highs on Wall Street on Monday morning as sentiment in the markets rose amid optimism about US trade negotiations with key partners including Canada. US Treasury Secretary Scott Bessent also struck an optimistic tone over the potential for "a flurry" of trade deals ahead of a July 9 deadline, after which 10 per cent US tariff rates on imports from many countries are set to snap back to Trump's April 2 announced rates of 11 per cent to 50 per cent. But Bessent, speaking on Bloomberg Television, warned that countries may not get extensions from that deadline even if they are negotiating in good faith as he suggested previously. Any extensions would be up to Trump himself, Bessent said. Leavitt said Trump was meeting his trade team this week to set tariff rates for those countries that were not negotiating. "He is going to set the rates for many of these countries if they don't come to the table to negotiate in good faith, and he is meeting with his trade team this week to do that," she said. with AP
Perth Now
30-06-2025
- Business
- Perth Now
Trump says Japan will receive trade letter
US President Donald Trump says Japan will be the recipient of a letter related to trade, following pledges by his administration to send letters to countries outlining tariffs they would need to pay to the United States. "I have great respect for Japan, they won't take our RICE, and yet they have a massive rice shortage," he said in a Truth Social post. "We'll just be sending them a letter, and we love having them as a Trading Partner for many years to come." Trump did not say what terms would be outlined in the letter. Kevin Hassett, director of the National Economic Council, told reporters at the White House that Trump "is going to finalise the frameworks we negotiated with a whole bunch of countries after the weekend". Trump has suggested that the US will be sending letters to many countries, informing them of the new tariff rates they will face from the US after a July 9 deadline when the president's 90-day pause on "reciprocal" tariffs expires. Hassett said of tariff negotiations with Japan that there will "still be discussions right up to the end". Hassett also confirmed on Monday that US-Canada trade negotiations would resume after Canada scrapped plans for a digital services tax targeting US technology firms. "Absolutely," Hassett said on Fox News Channel when asked about the talks restarting. White House press secretary Karoline Leavitt told reporters that Canadian Prime Minister Mark Carney called Trump on Sunday evening to tell him the tax was being dropped, calling it a big victory for US tech companies. "Very simple. Prime Minister Carney in Canada caved to President Trump and the United States of America," she said, crediting Trump's hard-line negotiating style for the shift. "President Trump knows ... that every country on the planet needs to have good trade relationships with the United States, and it was a mistake for Canada to vow to implement that tax that would have hurt our tech companies here in the United States," she said. Trump had asked Canada to drop the tax at a G7 meeting in Canada earlier in June, Hassett said. "It's something that they've studied, now they've agreed to, and for sure that means that we can get back to the negotiations." Canada's finance ministry said late on Sunday that Carney and Trump would resume trade negotiations in order to agree on a deal by July 21. "Thank you Canada for removing your Digital Services Tax which was intended to stifle American innovation and would have been a deal breaker for any trade deal with America," US Commerce Secretary Howard Lutnick responded in a post on X. Stocks hit record highs on Wall Street on Monday morning as sentiment in the markets rose amid optimism about US trade negotiations with key partners including Canada. US Treasury Secretary Scott Bessent also struck an optimistic tone over the potential for "a flurry" of trade deals ahead of a July 9 deadline, after which 10 per cent US tariff rates on imports from many countries are set to snap back to Trump's April 2 announced rates of 11 per cent to 50 per cent. But Bessent, speaking on Bloomberg Television, warned that countries may not get extensions from that deadline even if they are negotiating in good faith as he suggested previously. Any extensions would be up to Trump himself, Bessent said. Leavitt said Trump was meeting his trade team this week to set tariff rates for those countries that were not negotiating. "He is going to set the rates for many of these countries if they don't come to the table to negotiate in good faith, and he is meeting with his trade team this week to do that," she said. with AP
Business Journals
30-06-2025
- Business
- Business Journals
RICE and VyStar Credit Union Team Up to Boost Financial Fitness for Black Entrepreneu
Helping Black-Owned Businesses Build Wealth, Navigate Challenges, and Thrive In a time when economic uncertainty is hitting small businesses hard, the Russell Innovation Center for Entrepreneurs (RICE) and VyStar Credit Union are stepping up with a powerful new initiative. On Saturday, July 26, 2025, from 11:00 AM to 2:00 PM, RICE will host a free Financial Fitness Workshop at The Symposium (504 Fair Street SW, Atlanta, GA). The event, titled 'Financial Fitness 101,' is designed to give Black entrepreneurs the tools and confidence to take control of their financial future. Rising interest rates, shifts in the job market driven by AI, and long-standing barriers to capital access are creating real challenges for Black business owners. This workshop is about meeting those challenges head-on with knowledge, strategy, and community. 'Financial education isn't a luxury, it's essential infrastructure for our community,' said Jay Bailey, President & CEO of RICE. 'This collaboration with VyStar is about economic power, generational wealth, and closing the racial wealth gap through action.' VyStar Credit Union, a longtime advocate for financial empowerment, brings deep experience to the table. 'VyStar is passionate about breaking down barriers to financial education,' said Janean Armstrong, VyStar SVP/Georgia Market President. 'We've provided financial guidance to our members for over 70 years, and we're committed to helping people better understand spending, saving, and borrowing so they can build a stronger financial future' What to Expect: • Banking Like A Boss: Learn how to build credit and create generational wealth • Stack & Stretch: Master budgeting basics and debt management • Future Proof Your Finances: Explore planning, investments, and tax strategies The event also features a fireside chat with VyStar advisors and local entrepreneurs, a live DJ, networking mixer, giveaways, and free financial wellness kits. Registration is free and open to the public. Whether you're just starting out or looking to level up your business, this is your chance to connect, learn, and grow.
