Latest Business News & Market Updates

HR Chief at Astronomer Resigns After Viral ‘Kiss Cam’ Moment with CEO Sparks Backlash

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Just days after Astronomer CEO Andy Byron stepped down, the company’s top HR executive, Kristin Cabot, has also resigned following a widely circulated incident at a Coldplay concert. “Kristin Cabot is no longer with the company,” a spokesperson confirmed in a Thursday email. Cabot served as Astronomer’s Chief People Officer. The controversy erupted after concertgoers […]

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

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

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

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

Cash App Launches ‘Pools’ with Apple Pay & Google Pay Support, Targets Next-Gen Social Payments

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Cash App is making a major move in the peer-to-peer payment space with the introduction of a new feature called Pools, aimed at simplifying group payments. The launch marks the platform’s first major update to its P2P functionality in nearly two years and allows contributions from non-Cash App users via Apple Pay and Google Pay […]

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

Apple Stock Soars to 5-Year High After White House Push for U.S. Manufacturing

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Apple shares surged 13% this week, marking their strongest weekly rally in over five years, following CEO Tim Cook’s appearance at the White House alongside President Donald Trump on Wednesday. The stock closed Friday at $229.35, up 4% for the day, adding more than $400 billion to Apple’s market capitalization, which now stands at $3.4 […]

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

Amazon Workers Lose Jobs Before Prime Day : “We’ve Followed Every Rule” Caught in Trump Immigration Crackdown

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Daphnee Poteau, a Haitian immigrant who arrived in the U.S. in 2023, found more than just a job at an Amazon warehouse in Indianapolis—she found her husband, Kristopher Vincent, a longtime employee at the same facility known as IND8. But their future has suddenly become uncertain. Last month, Poteau was contacted by the Department of […]

Amazon to Inject £40 Billion into UK Economy Over the Next Three Years

AMD Set to Resume AI Chip Exports to China as U.S. Reopens Licensing Path

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Advanced Micro Devices (AMD) announced on Tuesday that it will soon restart shipments of its MI308 artificial intelligence chips to China, sending its stock up more than 6% following the announcement. The company stated that the U.S. Department of Commerce has begun reviewing license applications again, allowing AMD to move forward with exports once approval […]

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

SoftBank’s Masayoshi Son Bets Big on AI, Aiming to Shape the Future of Technology

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Masayoshi Son is placing what may be the most ambitious wager of his career — transforming SoftBank into a global leader at the heart of the artificial intelligence revolution. Son predicts that artificial superintelligence (ASI) — technology 10,000 times more intelligent than humans — could arrive within the next decade. Known for high-stakes moves, such […]

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

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