Business

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

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U.S. Commerce Secretary Howard Lutnick issued a stark warning on Thursday, stating that TikTok will be blocked in the United States unless its Chinese parent company, ByteDance, agrees to transfer control to American entities. “You can’t have something controlled by China living on 100 million American phones,” Lutnick said during an appearance on a financial […]

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

Apple Rolls Out First U.S.-Built AI Servers from Texas, Marking a New Era in American Manufacturing

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Apple Inc. has officially begun shipping its first batch of American-made AI servers from a newly established facility in Houston, Texas, signaling a major step forward in its commitment to boost U.S.-based manufacturing and innovation. These advanced servers form a key part of Apple’s $600 billion investment initiative aimed at expanding local production, strengthening supplier […]

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

Elon Musk Skips Trump’s Star-Studded White House Tech CEO Dinner

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President Donald Trump is set to host an exclusive gathering of two dozen top tech and business leaders on Thursday evening in the newly renovated White House Rose Garden. Among the high-profile invitees are Meta founder Mark Zuckerberg, Apple CEO Tim Cook, Microsoft co-founder Bill Gates, and OpenAI’s Sam Altman, according to a White House […]

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

Uber taps AI firm Wayve to pilot fully driverless rides in the UK

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Uber Technologies Inc. (NYSE: UBER) has announced a strategic partnership with UK-based AI startup Wayve to launch public-road trials of Level 4 (L4) fully autonomous vehicles in London. This collaboration marks the UK’s largest pilot of autonomous vehicles to date and represents a significant step forward in Uber’s global autonomous mobility strategy. What Is Level […]

FINANCE NEWS YOU NEED TO KNOW TODAY

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 Ends Canada Trade Talks, Key Inflation Report Due, Target Job Cuts, and More Market Movers Today

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1. Trump Pulls the Plug on Canada Trade Talks President Donald Trump announced late Thursday that the United States is halting trade negotiations with Canada after controversy erupted over an Ontario government ad featuring the voice of former President Ronald Reagan. The ad criticized tariffs and their impact on Americans, but the Ronald Reagan Presidential […]

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

Perplexity Unveils ‘Comet’ — A Smart AI Web Browser for Premium Users

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Perplexity AI has introduced Comet, a cutting-edge web browser powered by artificial intelligence, marking the company’s bold entry into the competitive internet services space alongside tech giants like Google and Microsoft. Launched on Wednesday, Comet allows users to engage with enterprise tools such as Slack and pose complex queries using voice or text. A demo […]

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

Google Commits $15 Billion to Build India’s Largest AI & Data Center Hub Outside the U.S.

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Google will pour $15 billion into developing a massive artificial intelligence and data center hub in southern India, marking the company’s largest such investment outside the United States, according to Google Cloud CEO Thomas Kurian. The mega-project, set to unfold over the next five years, underscores India’s growing importance in the global cloud and AI […]

TeraWulf Soars Over 10% as Google Expands Stake in Bitcoin Miner and AI Datacenter Project

Abu Dhabi Unveils K2 Think: A Low-Cost AI Model to Rival OpenAI and DeepSeek

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A new player has stepped into the global AI race — and it’s coming from the United Arab Emirates. The Mohamed bin Zayed University of Artificial Intelligence (MBZUAI) announced the launch of K2 Think, a cost-efficient reasoning model designed to compete with OpenAI and DeepSeek. Unlike massive systems such as DeepSeek’s R1 (671 billion parameters) […]

OpenAI Eyes $6 Billion Stock Sale at Massive $500 Billion Valuation

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

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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