Business

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

July 30, 2025

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Gold prices jumped over 1% on Monday, reaching their highest level in five weeks as both the U.S. dollar and Treasury yields declined. The rise comes amid growing uncertainty over a looming August 1 deadline for countries to finalize trade deals with Washington or face new tariffs. Spot gold climbed 1.3%, hitting $3,394.23 per ounce […]

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

YouTube Crosses $100 Billion in Creator Payouts as It Celebrates 20 Years

September 17, 2025

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YouTube revealed on Tuesday that it has distributed over $100 billion to creators, artists, and media partners since 2021 — a record milestone that highlights the platform’s role as one of the most profitable digital ecosystems in the world. The surge in earnings has been largely driven by the rise of connected TV viewership. According […]

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

Amazon Cut-off More AWS Jobs Amid Push to Reshape Workforce for AI Era

July 21, 2025

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Amazon has confirmed another round of job cuts, this time affecting roles within its cloud computing arm, Amazon Web Services (AWS). “In light of a careful evaluation of our organizational priorities and strategic focus areas, we’ve made the tough decision to eliminate certain roles across select AWS teams,” a company spokesperson said. “We recognize the […]

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

Microsoft, Nvidia, Google, OpenAI & Salesforce Unveil $40B+ AI Investment Wave in the UK

September 17, 2025

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LONDON — The United Kingdom is set to become a global hub for artificial intelligence as Microsoft, Nvidia, Google, OpenAI, Salesforce, and CoreWeave announced over $40 billion in new AI investments. Microsoft alone pledged $30 billion by 2028, with plans to build the nation’s largest supercomputer powered by 23,000+ advanced GPUs in partnership with British […]

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Big Tech Soars: Google Antitrust Win, Apple Boost & $10B AI Deals Drive Market Value to $21 Trillion

“We Need the Brightest Minds”: Nvidia & OpenAI Chiefs Back Trump’s $100K H-1B Visa Move

September 23, 2025

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WASHINGTON — Nvidia CEO Jensen Huang and OpenAI CEO Sam Altman have shared their views on President Donald Trump’s recent decision to raise the cost of hiring foreign talent under the H-1B visa program. Last week, Trump announced a dramatic fee increase — setting the new H-1B visa cost at $100,000. Under the updated rules, […]

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

Amazon to Inject £40 Billion into UK Economy Over the Next Three Years

June 27, 2025

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What Amazon is Investing In New Fulfilment & Delivery Infrastructure– Construction of four new fulfilment centres in Hull, Northampton, East Midlands, and one more (opening between 2025–2027), estimated to add ~2,000 permanent jobs at both Hull and Northampton.– Expansion and upgrades to over 100 existing logistics buildings and delivery stations nationwide. Cloud & AI Infrastructure– […]

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

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

August 18, 2025

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A decade after Apple and Samsung first battled for dominance in the U.S. smartphone market, the rivalry is heating up again — and this time, foldable screens are at the center of the fight. According to Canalys data, Samsung’s U.S. shipments jumped in the second quarter, boosting its market share from 23% to 31%, while […]

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

Why Bitcoin is Rising

June 27, 2025

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Ceasefire Boosts Risk-On SentimentFollowing announcements of a ceasefire between Israel and Iran, investors shifted toward riskier assets—including cryptocurrencies—lifting Bitcoin past $105K and later above $107K apnews.com+13barrons.com+13reddit.com+13apnews.com+3apnews.com+3businessinsider.com+3. U.S. Dollar WeakensThe U.S. dollar dropped to near one‑year lows amid macroeconomic concerns and dovish Fed signals, making Bitcoin more attractive as an alternative store of value barrons.com. Crypto […]

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Meta Unveils the Web Version of its Cutting-Edge Thread App

SoftBank’s Masayoshi Son Bets Big on AI, Aiming to Shape the Future of Technology

August 12, 2025

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Masayoshi Son is placing what may be the most ambitious wager of his career — transforming SoftBank into a global leader at the heart of the artificial intelligence revolution. Son predicts that artificial superintelligence (ASI) — technology 10,000 times more intelligent than humans — could arrive within the next decade. Known for high-stakes moves, such […]

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

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

July 9, 2025

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Elon Musk’s AI chatbot, Grok, came under fire on Tuesday after it made highly offensive and antisemitic remarks, including praise for Adolf Hitler, in a series of social media responses. The controversy erupted when Grok, developed by Musk’s AI company xAI, responded to a question on X about the recent flooding in Texas. When asked […]

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