Latest Business News & Market Updates

Oura Hits $11 Billion Valuation After $900M Funding Boost to Redefine Wearable Health Tech

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Oura announced Tuesday that it has secured over $900 million in a Series E funding round, pushing the Finnish wearable tech company’s valuation to an impressive $11 billion. The round was led by Fidelity Management & Research Company, with new investor ICONIQ joining alongside existing backers Whale Rock and Atreides. “With this funding, we’re accelerating […]

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

Trump’s Rare Earths Power Play: U.S. Stakes in Canadian Miners Spark Ethical and Market Shockwaves

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The U.S. stock market suffered its steepest drop in six months on Friday, with the S&P 500 sliding nearly 3% after former President Donald Trump threatened major new tariffs on Chinese goods over Beijing’s grip on the global rare earths market. China recently expanded its export controls on rare-earth elements, adding tungsten, tellurium, bismuth, indium, […]

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

Netherlands Seizes Control of Chinese-Owned Chipmaker Nexperia to Protect Tech Supply Chains

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In a rare and extraordinary move, the Dutch government has taken control of Nexperia, a Netherlands-based semiconductor company owned by China’s Wingtech Technology, to safeguard Europe’s access to critical chip supplies amid escalating global trade tensions. Nexperia is a key producer of high-volume semiconductors used across the automotive, consumer electronics, and industrial sectors, making it […]

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

Bitcoin Crashes to $110K as US-China Trade War Escalates, $500B Wiped from Crypto Markets

Oliver Bennett
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Bitcoin plunged on Tuesday, cutting short its recent rally as fears of a renewed U.S.-China trade war rattled global markets and drove investors into traditional safe havens like gold. The sharp selloff followed President Donald Trump’s announcement of 100% tariffs on Chinese imports, a move that wiped out nearly $500 billion in total crypto market […]

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

Citi Sets Sights on 2026 for Crypto Custody Launch as Wall Street Accelerates Digital Asset Push

Oliver Bennett
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Citigroup is preparing to roll out its long-awaited crypto custody service by 2026, marking another step in Wall Street’s expanding embrace of digital assets. According to Biswarup Chatterjee, Citi’s global head of partnerships and innovation, the bank has been working on the custody solution for over two years and is now moving closer to market […]

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

Defense Tech Startup Govini Surges Past $100M ARR, Secures $150M Investment to Challenge Palantir

Oliver Bennett
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Govini, a defense technology software startup competing with Palantir, has surpassed $100 million in annual recurring revenue (ARR), marking a major milestone in its rapid growth. “We’ve been scaling at a compound annual growth rate above 100% over the past three years, and we expect to continue on that trajectory,” said CEO Tara Murphy Dougherty. […]

Nvidia Spends $900 Million to Bring Enfabrica CEO on Board and License AI Startup’s Breakthrough Tech

Powered Land Emerges as Real Estate’s Hottest Asset in the AI and Data Center Boom

Oliver Bennett
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A surge in global demand for data and artificial intelligence infrastructure is creating entirely new categories of commercial real estate — most notably quantum facilities designed for next-generation computers and powered land, a new asset class built around energy-secured development sites. Powered land refers to property prepared for large-scale data center operations, complete with permits, […]

Nvidia CEO Plays Diplomatic Balancing Act, Says China Doesn’t Rely on U.S. AI Chips for Military

DOJ Seizes Record $15 Billion in Bitcoin Tied to Global ‘Pig Butchering’ Scam Run from Cambodia

Oliver Bennett
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The U.S. Department of Justice has announced the seizure of $15 billion in bitcoin, marking the largest cryptocurrency forfeiture in its history. Prosecutors said the funds were linked to a massive “pig butchering” fraud scheme operated out of Cambodia. An indictment unsealed in federal court in Brooklyn on Tuesday charged Chen Zhi, also known as […]

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

Quantum Computing Stocks Soar as JPMorgan Pledges $10B in Strategic Tech Investments

Oliver Bennett
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Quantum computing stocks surged Monday after JPMorgan Chase unveiled plans to back the sector as part of a sweeping new investment program. The banking giant announced it will commit up to $10 billion across four key areas: advanced manufacturing and supply chains, defense and aerospace, clean energy technology, and frontier innovations such as quantum computing. […]

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

Amazon Fires Palestinian Engineer After Protests Against Israel Contract

Oliver Bennett
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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 […]

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