Latest Business News & Market Updates

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

Oliver Bennett
0
0
13
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 […]

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

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

Oliver Bennett
0
0
13
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 […]

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

Tesla Ordered to Pay Over $240 Million After Fatal Autopilot Crash, Jury Rules

Oliver Bennett
0
0
13
A Florida jury has ruled that Tesla holds partial responsibility for a deadly 2019 crash involving its Autopilot system and has awarded nearly $242.5 million in total damages to the victim’s family and an injured survivor. The jury allocated 33% fault to Tesla, making the company liable for around $42.5 million in compensatory damages. In […]

Tesla’s New Lawsuit Barrier Sparks Backlash from New York State Officials

Intel Secures $5.7 Billion U.S. Investment Deal as White House Finalizes Terms

Oliver Bennett
0
0
12
Intel has confirmed receiving a $5.7 billion investment from the U.S. government, announced by CFO David Zinsner during an investor conference on Thursday. The funding, tied to the White House’s recent decision to take a 10% equity stake in the struggling chipmaker, comes as Intel explores additional outside investment opportunities for its semiconductor foundry division. […]

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

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

Oliver Bennett
0
0
12
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, […]

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

Oliver Bennett
0
0
12
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 “money […]

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

Microsoft Confirms Chinese Hackers Targeted SharePoint in Latest Cyber Espionage Wave

Oliver Bennett
0
0
12
Microsoft has revealed that multiple China-linked hacking groups have been actively exploiting a vulnerability in its SharePoint collaboration platform. According to a blog post by the tech giant, malicious activity tied to the Chinese threat actors known as Linen Typhoon, Violet Typhoon, and Storm-2603 began as early as July 7. These groups have attempted to […]

Watsapp Rival?!!! Jack Dorsey Unveils ‘Bitchat’ — A Privacy-First, Offline Messaging App That Needs No Internet

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

Oliver Bennett
0
0
12
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 […]

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

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

Oliver Bennett
0
0
12
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 […]

Crypto Takes a Hit as Trump’s Tariffs Rattle Markets and Spark Investor Pullback

Telegram Launches Built-In Crypto Wallet for 87M U.S. Users — No App Needed

Oliver Bennett
0
0
12
Telegram has officially rolled out its integrated crypto wallet to 87 million users in the United States, allowing them to send, receive, and manage digital assets directly within the app—no separate downloads, browser extensions, or logins required. Called TON Wallet, the feature is now live within Telegram’s interface. It functions as a self-custodial wallet, meaning […]

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