Latest Business News & Market Updates

India’s $18 Billion Bet on Semiconductors: Can It Build the Next Global Chip Powerhouse?

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NEW DELHI — India has set its sights on becoming a major player in the global semiconductor industry, pledging investments worth 1.6 trillion rupees ($18.2 billion) to build a full-fledged chip ecosystem. The push comes as nations worldwide race toward semiconductor self-reliance, following U.S. restrictions on advanced chip exports to China in 2022. For India, […]

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

Trump’s $100K H-1B Visa Fee: What It Means for Tech, Finance, and Skilled Workers

Oliver Bennett
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WASHINGTON — President Donald Trump has announced a dramatic change to the H-1B visa program, raising the fee for employers to $100,000 per application, a steep increase from the previous $2,000–$5,000 range. The new policy, effective immediately, requires companies to provide payment proof before filing an H-1B petition. Petitions will remain restricted for 12 months […]

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

Apple Stock Surges After iPhone 17 Launch, Turns Positive in 2025

Oliver Bennett
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CUPERTINO, Calif. — Apple’s stock has bounced back strongly following the launch of its latest devices, erasing all of its 2025 losses and turning positive for the year. After a 4% rally on Monday, Apple shares are now up just over 2% year-to-date, making it the last of the major tech giants to enter positive […]

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

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

Oliver Bennett
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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, […]

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

Coinbase CEO Slams Banks for Attacking Stablecoin Rewards With “Boogeyman” Claims

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Coinbase CEO Brian Armstrong joined fellow crypto leaders on Capitol Hill this week in a heated policy battle with the banking industry — a fight that could impact trillions of dollars in deposits. Banking advocacy groups are lobbying lawmakers to ban crypto exchanges from offering stablecoin rewards, arguing that such perks mimic traditional bank interest […]

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

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

Oliver Bennett
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Nvidia has invested more than $900 million to bring in Enfabrica CEO Rochan Sankar along with several key employees, while also securing a license for the startup’s cutting-edge technology. The deal, completed last week, combines cash and stock compensation, according to people familiar with the matter. This move mirrors similar AI talent acquisitions made recently […]

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

Oracle & Silver Lake Join TikTok Deal as Trump Pushes Deadline to December

Oliver Bennett
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WASHINGTON — President Donald Trump has once again extended the deadline for ByteDance to divest its U.S. TikTok operations, giving more time for a deal involving an investor consortium that includes Oracle, Silver Lake, and Andreessen Horowitz. The new deadline is set for December 16, delaying a potential nationwide ban. The extension, issued through an […]

TikTok Faces U.S. Blackout as Commerce Chief Demands American Control Over App

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

Oliver Bennett
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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 […]

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

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

Oliver Bennett
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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 […]

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

Apple Delays iPhone Air Launch in China Over eSIM Approval Hurdles

Oliver Bennett
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Apple has confirmed that the launch of its new iPhone Air in China will be delayed due to regulatory challenges linked to its eSIM-only design. Chinese wireless carriers are still awaiting government approval to offer devices using eSIM technology, which has prevented the rollout of the iPhone Air in the region. Apple stated that it […]

Tim Cook’s Masterclass: How Apple Dodged U.S. iPhone Demands While Winning Trump Over