Business

Microsoft Secures $6 Billion U.S. Government Cloud Savings Deal to Boost AI and Digital Transformation

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Microsoft has struck a landmark agreement with the U.S. General Services Administration (GSA), offering over $6 billion in cost savings on cloud services over the next three years. The deal provides government agencies with access to discounted pricing on Microsoft’s cloud platforms and productivity tools through September 2026. As part of the initiative, federal agencies […]

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

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

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

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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 […]

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

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

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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, […]

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

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

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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 […]

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

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

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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

Google Stock Climbs as Apple Explores Gemini AI to Power Siri Upgrade

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Alphabet shares gained momentum on Friday after reports surfaced that Apple is in early talks with Google to integrate its Gemini AI models into a revamped version of Siri. The discussions, according to Bloomberg, suggest that Apple is considering Gemini as the backbone of a smarter Siri expected to launch as early as next year. […]

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

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

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Former President Donald Trump publicly refuted speculation that he intends to jeopardize Elon Musk’s business ventures by eliminating government subsidies. In a statement shared on Truth Social, Trump clarified, “Many are saying I plan to destroy Elon’s companies by ending his federal subsidies. That’s simply not true. I want Elon—and every U.S. business—to flourish more […]

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

HSBC Unveils $3B Share Buyback as Profits Tumble 29% Amid Economic Uncertainty

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HSBC, Europe’s largest bank, reported a sharp 29% decline in second-quarter profits, falling short of analyst forecasts, largely due to significant impairment charges. In a bid to reassure investors, the bank also announced a $3 billion share buyback. For the quarter ending in June, HSBC posted a pre-tax profit of $6.3 billion — below the […]

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

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

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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” […]

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