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FBI, NYPD issue $50,000 reward for tips leading to the Brooklyn gunman

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The gunman is on the run after shooting ten people in a Brooklyn subway station in NYC on Tuesday

Authorities have named Frank James, 62, as a person of interest after a credit card was found on the scene of the shooting.

Police revealed that James had rented the U-Haul van in Philadelphia that authorities believe is connected with the shooting.

No suspects are in custody yet.

New York Police say that the shooting happened on Tuesday around 8:30 am ET at the 36th Street station in Sunset Park, Brooklyn.

Two smoke grenades were thrown on the floor of a subway train before the man fired what is believed to have been a Glock 9mm handgun 33 times.

An FDNY spokesperson says 16 people have been hospitalised, including five people in critical condition and 10 people suffering from gunshot wounds.

Officials say a gunman wearing a gas mask set off a smoke bomb in the underground station and then opened fire.

The suspect is believed to be wearing a construction uniform.

In chilling footage shared to social media, passengers could be seen running away from the train which had become filled with smoke from the smoke bomb.

Image: Brendan McDermid / Reuters

Police are searching for the suspect

Local schools have activated a “shelter in place” order, according to a spokesperson for the Education Department.

US President Joe Biden has fronted the media following the rampage, thanking emergency responders for their efforts. He stated that the perpetrator will be found and held accountable.

“Not being investigated as terrorism” – Police say

Police Commissioner Keechant Sewell fronted the media stating that the attack was not being investigated as terrorism, but that she was “not ruling out anything.”

The shooter’s motive remains unknown.

Authorities released a photo they believed to depict the gunman, and the Arizona licence plate number of a U-Haul truck to look out for, two law enforcement officials said.

By early evening, police found a matching, unoccupied U-Haul van in Brooklyn, one of the police members said.

Emergency services respond to incident in a NYC Subway

The FBI has now joined the investigation.

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China leads world in AI and 6G patents

China dominates AI and 6G patents, securing 60% and 40.3% of global applications respectively, says 2025 conference report

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China dominates AI and 6G patents, securing 60% and 40.3% of global applications respectively, says 2025 conference report

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In Short:
– China holds 60% of global AI patents and 40.3% of 6G patent applications.
– The country leads in 5G infrastructure with 4.55 million base stations and 1.12 billion users.
China has emerged as the leading holder of artificial intelligence patents, responsible for 60 percent of the global total.
The country also leads in next-generation 6G patent applications, accounting for 40.3 percent of worldwide filings. The insights were presented in reports at the 2025 World Internet Conference held from November 7-9 in Wuzhen, Zhejiang Province.The conference showcased China’s technological advancements, highlighting participation from over 1,600 delegates across 130 nations.

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As of June 2025, China has established 4.55 million 5G base stations, with 1.12 billion 5G mobile phone users.

The nation’s computing power has reached 788 EFLOPS, boasting 10.85 million standard racks in operation, ranking among the world’s top infrastructures. Projections estimate that China’s 6G industry will soar to 1.2 trillion yuan by 2030, with industrial applications making up 40 percent and smart cities at 30 percent.

The quantum computing sector is expected to reach 11.56 billion yuan in 2025, with growth rates surpassing 30 percent.

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China continues to hold the title of the largest e-commerce market globally for the 12th consecutive year, with 974 million online shoppers recorded by December 2024.

Online retail sales reflected a 7.2 percent increase. JD.com’s founder announced plans for an unmanned delivery station by April 2026, while Alibaba is developing a “super AI cloud” for global developers.


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Wall Street wobbles as RBA and Tesla face tests

Global markets are unsettled by Wall Street’s downturn, inflation in Australia, and key U.S. tariff decisions.

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Global markets are unsettled by Wall Street’s downturn, inflation in Australia, and key U.S. tariff decisions.


Global markets are jittery amid a Wall Street sell-off, renewed inflation pressure in Australia, and high-stakes decisions on U.S. tariffs and Elon Musk’s Tesla pay deal.

Capital.com’s Kyle Rodda breaks down the risks and reactions shaping the week ahead.

#Markets #WallStreet #RBA #Tesla #ElonMusk #Inflation #Trade #Finance #Economy #CapitalCom


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Bitcoin crash shakes global markets

Bitcoin’s drop below $100K triggers $45B in long-term selling, affecting global markets; insights from David Scutt on future trends.

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Bitcoin’s drop below $100K triggers $45B in long-term selling, affecting global markets; insights from David Scutt on future trends.


Bitcoin’s slide below $100,000 has sent shockwaves through global markets, with $45 billion in long-term holdings sold and risk assets tumbling.

David Scutt from StoneX breaks down what’s driving the sell-off — and where markets go next.

#Bitcoin #CryptoCrash #Markets #RiskAssets #CryptoNews #FedPolicy


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