Latest Business News & Market Updates

TeraWulf Soars Over 10% as Google Expands Stake in Bitcoin Miner and AI Datacenter Project

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Shares of TeraWulf surged more than 10% after Google boosted its investment in the bitcoin mining and datacenter operator, backing the expansion of its Lake Mariner facility in New York. The deal adds up to $1.4 billion in fresh backstop funding, raising Google’s total commitment to about $3.2 billion and increasing its ownership stake from […]

Varun Mohan Joins Google as Tech Giant Inks $2.4B AI Deal with Windsurf

Microsoft’s AI Chief Draws Line: No Plans for Adult or Erotic Chatbots

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Mustafa Suleyman, the CEO of Microsoft AI, has firmly stated that the company will not develop artificial intelligence systems designed for erotic or adult-based interactions, signaling a clear distinction from its longtime collaborator OpenAI. “That’s simply not a service we’re going to offer,” Suleyman said during the Paley International Council Summit held in Menlo Park, […]

How Huawei Rose from Telecom Player to China’s AI Powerhouse

Bitcoin Nears Record Peak, Ethereum Smashes $4K as Market Eyes Next Big Rally

Oliver Bennett
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Bitcoin has inched closer to its historic high following a sharp overnight surge, while Ethereum climbed to price levels last seen in 2021. At last check, Bitcoin was trading around $118,981.86, showing stability after touching higher levels earlier in the day. Ethereum held firm at $4,256.90, just after breaking above $4,000 on Friday — its […]

Eric Trump Predicts $1M Bitcoin as Trump Family Expands Crypto Empire Across Asia

Bitcoin Tumbles Below $117K After Crypto Bills Stall in House Vote

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Bitcoin dipped below the $117,000 mark on Tuesday following a legislative setback in the U.S. House of Representatives, where several cryptocurrency-focused bills were blocked from advancing. According to Coin Metrics, the digital asset was last trading 2.8% lower at $116,516, retreating from an earlier high of $120,481.86. The decline followed a 196–223 vote, where a […]

Trump Meets Nvidia CEO After $4 Trillion Milestone Amid AI Chip Export Tensions

Bitcoin Crashes to $110K as US-China Trade War Escalates, $500B Wiped from Crypto Markets

Oliver Bennett
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Bitcoin plunged on Tuesday, cutting short its recent rally as fears of a renewed U.S.-China trade war rattled global markets and drove investors into traditional safe havens like gold. The sharp selloff followed President Donald Trump’s announcement of 100% tariffs on Chinese imports, a move that wiped out nearly $500 billion in total crypto market […]

Eric Trump Predicts $1M Bitcoin as Trump Family Expands Crypto Empire Across Asia

Elon Musk Skips Trump’s Star-Studded White House Tech CEO Dinner

Oliver Bennett
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President Donald Trump is set to host an exclusive gathering of two dozen top tech and business leaders on Thursday evening in the newly renovated White House Rose Garden. Among the high-profile invitees are Meta founder Mark Zuckerberg, Apple CEO Tim Cook, Microsoft co-founder Bill Gates, and OpenAI’s Sam Altman, according to a White House […]

Trump Vows Support for Elon Musk, Denies Plans to Cut Billions in Federal Subsidies

Super Micro Plans Major Expansion in Europe to Meet Soaring AI Server Demand

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Super Micro is set to boost its presence in Europe by expanding the manufacturing of its AI server infrastructure, according to CEO Charles Liang. The company, known for building high-performance servers powered by Nvidia chips, currently operates facilities in the Netherlands but is now looking to grow further across the region. “Demand in Europe is […]

Microsoft Cuts 9,000 Jobs in Major Restructuring Push to Stay Agile

Spotify Tumbles 11% as Growth Misses Expectations Despite User Surge

Oliver Bennett
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Spotify’s stock took a sharp 11% dive on Tuesday — marking its worst trading day since July 2023 — after the music-streaming giant missed analysts’ revenue forecasts and offered weaker-than-expected guidance for the upcoming quarter. The company posted a Q2 loss of €86 million, or €0.42 per share, falling short of market expectations which anticipated […]

Trump Meets Nvidia CEO After $4 Trillion Milestone Amid AI Chip Export Tensions

Trump Signals Openness to Nvidia Selling a ‘Weakened’ Blackwell AI Chip to China

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U.S. President Donald Trump has suggested he may allow Nvidia to sell a reduced-performance version of its cutting-edge Blackwell AI chip to China. Speaking at a press briefing on Monday, Trump hinted at a possible deal if Nvidia could limit the chip’s capabilities by around 30% to 50%. He also mentioned an upcoming meeting with […]

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

Huawei Unveils $2,500 Mate XTs Trifold Smartphone as It Pushes for Global Comeback

Oliver Bennett
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Huawei has officially launched the second generation of its trifold smartphone, the Mate XTs, as part of its push to solidify dominance in China and expand its footprint overseas. The Mate XTs, priced from 17,999 yuan ($2,520) to 21,999 yuan, features two hinges that allow the device to fold at multiple points, transforming it into […]

How Huawei Rose from Telecom Player to China’s AI Powerhouse