Business

Binance CEO Denies Helping Trump-Linked Crypto Venture Ahead of CZ’s Presidential Pardon

November 4, 2025

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Binance CEO Richard Teng has strongly denied allegations that the world’s largest cryptocurrency exchange aided in promoting a Trump-affiliated stablecoin prior to former CEO Changpeng “CZ” Zhao’s presidential pardon. The controversy centers on a $2 billion investment Binance received from Abu Dhabi’s sovereign wealth fund, MGX, which was reportedly settled using USD1, a stablecoin developed […]

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Bullish Ups IPO Target to Nearly $1B, Eyes $4.8B Valuation Amid Crypto Market Momentum

Standard Chartered CEO Predicts Blockchain Will Power Nearly All Global Transactions in the Future

November 4, 2025

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HONG KONG — Bill Winters, the CEO of Standard Chartered, envisions a future where blockchain technology underpins almost every financial transaction worldwide, as adoption of digital assets within mainstream banking continues to accelerate. Speaking at Hong Kong FinTech Week, Winters shared his conviction that “virtually all transactions will eventually be settled on blockchains” and that […]

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Bullish Ups IPO Target to Nearly $1B, Eyes $4.8B Valuation Amid Crypto Market Momentum

Baidu’s Robotaxi Rides Hit 250,000 Weekly, Matching Waymo’s U.S. Numbers as Global Expansion Accelerates

November 4, 2025

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Beijing — China’s tech giant Baidu has achieved a major milestone in autonomous mobility, with its driverless car unit Apollo Go surpassing 250,000 fully autonomous rides per week as of October 31, a company spokesperson confirmed. This puts Baidu’s robotaxi operations on par with U.S. competitor Waymo, which reported similar weekly ride figures earlier this […]

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Nvidia CEO Eyes Return to Advanced Chip Sales in China as Export Curbs Ease

Ethereum Plunges After $100 Million DeFi Hack Sends Shockwaves Through Crypto Market

November 4, 2025

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Ethereum’s native token Ether (ETH) dropped sharply on Monday, falling as much as 9% and breaking below the crucial $3,600 support level after a major security breach hit one of its decentralized finance (DeFi) protocols. According to market data, Ether was recently down around 6.6%, trading close to $3,600 — roughly 25% lower than its […]

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Bitcoin Soars as Trump Greenlights Crypto Access in 401(k) Retirement Plans

AI Revolution Is Real, Not a Bubble — Venture Capital Leader Explains Why This Boom Is Built to Last

November 4, 2025

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The debate over whether artificial intelligence is heading toward a market bubble has become one of the most discussed topics among global investors. While some experts, including billionaire investor Ray Dalio, have raised concerns about market overvaluation, others see today’s AI surge as fundamentally different from previous tech frenzies. One such optimist is Magnus Grimeland, […]

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Duo Behind $650M Global Crypto Scam Promising 300% Profits Now Facing Federal Charges

Mark Zuckerberg Doubles Down on AI Investments: “The Returns Are Already Showing”

November 4, 2025

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Meta CEO Mark Zuckerberg has once again defended the company’s aggressive push into artificial intelligence, saying that heavy spending now will drive massive long-term gains for the tech giant. During Meta’s third-quarter earnings call, Zuckerberg addressed the company’s soaring AI expenditures — including a $14.3 billion investment in Scale AI — part of a broader […]

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Meta Slashes 600 Jobs in AI Division as Alexandr Wang Strengthens Control Over Company’s Artificial Intelligence Vision

Nintendo Boosts Switch 2 Sales Target to 19 Million Units as Global Demand Surges

November 4, 2025

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Nintendo has raised its sales forecast for the Switch 2 console, reflecting growing momentum for its next-generation gaming system. The Japanese gaming powerhouse now expects to sell 19 million units of the Switch 2 in the fiscal year ending March 2026, up from its earlier estimate of 15 million units. Here’s how Nintendo performed in […]

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Spotify Tumbles 11% as Growth Misses Expectations Despite User Surge

Norway’s $2 Trillion Wealth Fund Turns Against Elon Musk’s $1 Trillion Tesla Pay Deal

November 4, 2025

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Norway’s $2 trillion sovereign wealth fund, the world’s largest, has announced that it will vote against Elon Musk’s record-breaking $1 trillion compensation package at Tesla’s upcoming shareholder meeting, challenging the company’s leadership and Musk’s influence. The fund, officially managed by Norges Bank Investment Management (NBIM) and a major Tesla shareholder, revealed on Tuesday that it […]

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Tesla Fights $243M Autopilot Crash Verdict, Seeks Dismissal or New Trial

Apple Forecasts Record-Breaking December Quarter as iPhone 17 Demand Surges

November 4, 2025

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Apple has reported stronger-than-expected fiscal fourth-quarter results, setting the stage for what could be its most successful December quarter in history — powered by exceptional demand for the newly launched iPhone 17 lineup. The company’s shares rose in after-hours trading following the announcement, as Apple’s forecast surpassed market expectations and highlighted solid performance across several […]

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Samsung Surges as Foldable Phones Steal Market Share from Apple in the U.S.

Apple’s First Official Store Coming to Pakistan — Dolmen Mall Lahore Chosen for Landmark Launch

October 27, 2025

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Airlink Communication has announced plans to launch Pakistan’s first official Apple retail store by the end of 2025, marking a major milestone for Apple fans across the country. The flagship store will open inside Dolmen Mall Lahore, sharing retail space with a Xiaomi outlet, according to details shared during Airlink’s recent corporate briefing with Topline […]

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Samsung Surges as Foldable Phones Steal Market Share from Apple in the U.S.