Business

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

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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

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

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Nvidia CEO Jensen Huang visited the White House on Thursday for a meeting with former President Donald Trump, coinciding with Nvidia’s historic climb to become the first publicly traded company to close a trading session with a market valuation surpassing $4 trillion—outpacing both Apple and Microsoft. The meeting took place as Nvidia’s stock saw a […]

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

Google Cuts 35% of Small-Team Managers as Efficiency Drive Reshapes Workforce

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Google has significantly reduced its management layers, trimming over one-third of managers who were overseeing small teams, as part of its broader push for efficiency and streamlined operations. Brian Welle, Vice President of People Analytics and Performance, shared in an all-hands meeting that the company now has 35% fewer managers with smaller reporting teams compared […]

Varun Mohan Joins Google as Tech Giant Inks $2.4B AI Deal with Windsurf

Baidu’s Robotaxi Rides Hit 250,000 Weekly, Matching Waymo’s U.S. Numbers as Global Expansion Accelerates

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Beijing — China’s tech giant Baidu has achieved a major milestone in autonomous mobility, with its driverless car unit Apollo Go surpassing 250,000 fully autonomous rides per week as of October 31, a company spokesperson confirmed. This puts Baidu’s robotaxi operations on par with U.S. competitor Waymo, which reported similar weekly ride figures earlier this […]

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

Amazon Acquires Bee AI to Supercharge Alexa with Wearable Voice Assistant Tech

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Amazon is set to acquire Bee AI, a San Francisco-based startup known for its AI-powered wearable device, marking another strategic move by the tech giant to deepen its investments in generative artificial intelligence. Bee AI’s flagship product is a $49.99 wristband that resembles a smartwatch and comes equipped with built-in microphones and AI capabilities. The […]

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

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

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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 […]

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

Nvidia CEO Jensen Huang to Join Trump on High-Profile UK State Visit with Global Business Leaders

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Nvidia’s chief executive Jensen Huang is set to accompany President Donald Trump on a state visit to the United Kingdom next week, alongside a lineup of top U.S. business leaders. According to reports, the delegation will include OpenAI’s Sam Altman, Blackstone CEO Stephen Schwarzman, and BlackRock CEO Larry Fink, with Apple CEO Tim Cook also […]

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

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

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Microsoft announced Wednesday that it will lay off around 9,000 employees, impacting fewer than 4% of its global workforce. The reductions will span across various teams, locations, and experience levels, according to a source familiar with the matter. The move aligns with the start of Microsoft’s 2026 fiscal year, a time when the tech giant […]

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

China’s Momenta Eyes $6 Billion Valuation in New Funding Round as Global Automakers Line Up

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Momenta, a leading Chinese autonomous driving technology startup, is in talks to raise fresh capital at a potential valuation of around $6 billion, according to people familiar with the matter. The figure could still shift as the funding process moves forward, sources noted. The Beijing-based company specializes in developing advanced software and algorithms that enable […]

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

Senate Democrats Urge Trump to Halt AI Chip Sales Deal With China

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A group of six Senate Democrats has called on President Donald Trump to reverse his decision allowing U.S. chipmakers Nvidia and Advanced Micro Devices (AMD) to sell advanced AI semiconductors to China in exchange for 15% of revenue from those sales. The lawmakers — including Chuck Schumer, Mark Warner, Jack Reed, Jeanne Shaheen, Christopher Coons, […]

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