Business

Trump Ally Slams Tim Cook for Delays in Shifting iPhone Production from China

July 8, 2025

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Former White House trade advisor Peter Navarro has sharply criticized Apple CEO Tim Cook, accusing him of dragging his feet in reducing Apple’s manufacturing reliance on China. “Since the first Trump administration, Cook has repeatedly asked for more time to relocate Apple’s factories from China,” Navarro said during a recent interview. “It’s become Silicon Valley’s […]

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Apple Rebounds in China with First iPhone Sales Growth in Two Years

Nasdaq Backs Winklevoss Twins’ Gemini with $50M Investment Ahead of IPO

September 10, 2025

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Gemini, the cryptocurrency exchange founded by Cameron and Tyler Winklevoss, has secured a major boost from Nasdaq just days before its highly anticipated initial public offering. The global stock exchange operator is investing $50 million in Gemini as part of a strategic partnership that will enable Nasdaq to integrate the exchange’s custodial services for its […]

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

Sam Altman Calls ‘AGI’ an Outdated Buzzword — Experts Agree It’s Time for a New Conversation

August 12, 2025

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OpenAI CEO Sam Altman believes the term “artificial general intelligence” (AGI) is losing its value as the AI industry evolves at an unprecedented pace, making it increasingly difficult to define. AGI is often described as an AI system capable of performing any intellectual task that a human can do. For years, OpenAI has aimed to […]

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Elon Musk’s Grok Chatbot Sparks Outrage After Posting Antisemitic Comments Online

Super Micro Stock Dips 6% After Missing Revenue Targets in Weak Preliminary Q1 Report

October 27, 2025

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Super Micro Computer Inc. saw its shares drop over 6% on Thursday after releasing weaker-than-expected preliminary results for the first quarter of fiscal year 2026. The AI server manufacturer announced it anticipates revenue of around $5 billion for the quarter, falling short of its earlier guidance range of $6 billion to $7 billion. The shortfall, […]

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

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

Spotify Tumbles 11% as Growth Misses Expectations Despite User Surge

July 30, 2025

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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 […]

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

Alibaba Stock Soars 19% as Cloud Unit Growth and New AI Chip Plans Boost Investor Confidence

September 1, 2025

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Alibaba’s Hong Kong-listed shares skyrocketed over 19% on Monday, marking their highest level since March, after strong momentum from its cloud computing business and reports of progress on a new AI chip. The rally follows a nearly 13% surge in Alibaba’s U.S.-listed shares last Friday after its earnings release. For the June quarter, the Chinese […]

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

Gold Could Surge to $4,000 as U.S. Trust Wavers – WisdomTree Analyst Warns

August 8, 2025

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Gold’s safe-haven appeal briefly dimmed after the U.S. and China agreed to a 90-day pause in their trade conflict, but one market strategist believes the precious metal is far from losing its shine. Heightened geopolitical tensions, economic uncertainty, and concerns over monetary policy could keep gold in demand, even if trade disputes ease. Nitesh Shah, […]

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Gold Surges to 5-Week Peak as Dollar Weakens, Trade Uncertainty Sparks Investor Rush

China’s Silence Deepens Uncertainty Over Trump’s TikTok Deal

September 29, 2025

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After U.S. President Donald Trump announced his approval of a deal that could keep TikTok operating in the United States, Beijing’s response has been strikingly muted. Despite the app’s global popularity and political weight, Chinese state media and online discussions have offered little commentary, signaling the government’s cautious stance as it ultimately holds the power […]

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TikTok Faces U.S. Blackout as Commerce Chief Demands American Control Over App

Microsoft Outlook Suffers Widespread Outage, Leaving Users Locked Out for Hours

July 10, 2025

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Microsoft’s Outlook email service experienced a major disruption this week, with users across the globe facing hours of downtime on Wednesday and Thursday. The issue began around 6:20 p.m. ET on Wednesday, affecting Outlook.com as well as its mobile and desktop applications. Users flooded social media with complaints, sharing error messages and screenshots showing “something […]

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Amazon Merges Freevee Into Prime Video, Ending Standalone App in August