Business

LG Energy Inks Massive $4.3B Battery Deal with Mystery Partner—Tesla Tipped as Buyer

July 30, 2025

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LG Energy Solution, a South Korea-based battery manufacturer, announced on Wednesday that it has secured a massive $4.3 billion battery supply agreement with a major global company—though the buyer’s identity remains confidential for now. According to a regulatory filing on the Korea Exchange, the agreement took effect Tuesday and is set to run through July […]

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Bill Gates Slams Foreign Aid Cuts: “Lives Are at Stake — It’s Not Too Late to Act”

Meta Set to Launch “Hypernova” Smart Glasses with Built-in Display and Gesture-Control Wristband at Connect

August 25, 2025

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Meta is preparing to make a major splash at its annual Connect conference next month with the debut of Hypernova, its first consumer-ready smart glasses equipped with a built-in display. Alongside the glasses, the company will also introduce a new wristband designed to let users control the device with simple hand gestures. The two-day Connect […]

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From Dropout to Design Mogul: How Dylan Field Built Figma Into a $70B Powerhouse

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

“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

Nvidia Slams AI Chip Smuggling: Warns Bootleg Data Centers in China Are a Risky Gamble

July 25, 2025

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Nvidia issued a strong warning on Thursday about the use of unauthorized AI chips in underground data centers, calling the practice both technically flawed and economically unsustainable. The statement followed a recent investigative report alleging that over $1 billion worth of Nvidia’s high-performance chips have been illicitly funneled into China. “Building data centers using smuggled […]

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

Oil Prices Rebound on U.S. Demand Strength Despite Sanctions Uncertainty

August 8, 2025

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Oil prices climbed on Thursday, snapping a five-day losing streak, as strong consumption in the United States—the world’s largest oil consumer—helped offset concerns over potential supply disruptions. Hopes for progress in U.S.-Russia talks over the Ukraine conflict also tempered fears of additional sanctions tightening global supplies. By early Asian trading, Brent crude rose 20 cents, […]

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Oil Holds Firm Amid Tariff Tensions and Sanctions Shockwaves

FTC Commissioner Demands Transparency on DOJ’s Snap AI Chatbot Complaint

September 8, 2025

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Federal Trade Commission (FTC) Commissioner Rebecca Slaughter voiced concern on Friday over the unresolved status of a complaint against Snap’s My AI chatbot, which the agency had referred to the Department of Justice (DOJ) earlier this year. In January, the FTC confirmed it would transfer a non-public complaint citing potential “risks and harms to minors” […]

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

Ethereum at 10: How a Coding Dream Became Wall Street’s Secret Engine

August 4, 2025

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CANNES — A decade ago, Vitalik Buterin and a handful of developers gathered in a chilly loft in Berlin, surrounded by bare bulbs, battered chairs, and scattered laptops. They weren’t executives or backed by billion-dollar funds — just passionate visionaries chasing a bold idea late into the night. From this modest workspace, Ethereum’s first version, […]

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

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

September 2, 2025

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Eric Trump on Friday voiced strong confidence that Bitcoin will eventually reach a $1 million valuation, speaking at the Bitcoin Asia 2025 conference in Hong Kong — the first stop in a series of Asian crypto events featuring the Trump family. Sharing insights on his deep involvement in digital assets, Eric Trump said, “I truly […]

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

Amazon Fires Palestinian Engineer After Protests Against Israel Contract

October 14, 2025

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Amazon has terminated a Palestinian software engineer who was suspended last month after voicing opposition to the company’s work with the Israeli government. Ahmed Shahrour, who worked in Amazon’s Whole Foods division in Seattle, received notice of his dismissal on Monday. His suspension in September was linked to messages he posted on the company’s internal […]

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