Business

Bitcoin Tumbles Below $117K After Crypto Bills Stall in House Vote

July 16, 2025

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Bitcoin dipped below the $117,000 mark on Tuesday following a legislative setback in the U.S. House of Representatives, where several cryptocurrency-focused bills were blocked from advancing. According to Coin Metrics, the digital asset was last trading 2.8% lower at $116,516, retreating from an earlier high of $120,481.86. The decline followed a 196–223 vote, where a […]

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

Showdown Looms: YouTube TV Warns Fox Channels Could Vanish Without Deal

August 26, 2025

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YouTube TV, Google’s live-streaming service, announced Monday that it may drop several Fox networks — including Fox Broadcast, Fox News, and Fox Sports — if a new carriage agreement with Fox Corporation is not finalized this week. The current deal expires Wednesday, and despite ongoing negotiations, both sides remain at an impasse. In a blog […]

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

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

September 5, 2025

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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 […]

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

Startup Founder Charlie Javice Sentenced to 7 Years for $175M JPMorgan Fraud

September 29, 2025

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Charlie Javice, the 33-year-old founder of fintech startup Frank, has been sentenced to just over seven years in federal prison after being convicted of defrauding JPMorgan Chase in its $175 million acquisition of her company. In March, a jury found Javice and her former chief growth officer, Olivier Amar, guilty on three counts of fraud […]

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

Apple Forecasts Record-Breaking December Quarter as iPhone 17 Demand Surges

November 4, 2025

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Apple has reported stronger-than-expected fiscal fourth-quarter results, setting the stage for what could be its most successful December quarter in history — powered by exceptional demand for the newly launched iPhone 17 lineup. The company’s shares rose in after-hours trading following the announcement, as Apple’s forecast surpassed market expectations and highlighted solid performance across several […]

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

Norway’s $2 Trillion Wealth Fund Turns Against Elon Musk’s $1 Trillion Tesla Pay Deal

November 4, 2025

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Norway’s $2 trillion sovereign wealth fund, the world’s largest, has announced that it will vote against Elon Musk’s record-breaking $1 trillion compensation package at Tesla’s upcoming shareholder meeting, challenging the company’s leadership and Musk’s influence. The fund, officially managed by Norges Bank Investment Management (NBIM) and a major Tesla shareholder, revealed on Tuesday that it […]

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Tesla Fights $243M Autopilot Crash Verdict, Seeks Dismissal or New Trial

Microsoft Hikes Xbox Prices in the U.S. Amid Economic Shifts and Tariff Pressures

September 23, 2025

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REDMOND, Wash. — Microsoft announced on Friday that it will raise the retail prices of several Xbox consoles in the U.S. starting October, citing the impact of a shifting macroeconomic environment. The company clarified that accessories such as controllers and headsets will remain unaffected, and pricing across other countries will stay unchanged. Although Microsoft did […]

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Microsoft Secures $6 Billion U.S. Government Cloud Savings Deal to Boost AI and Digital Transformation

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

October 27, 2025

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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 […]

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

IBM Shares Slide as Software Revenue Falls Short Despite Strong Earnings and Cloud Growth

July 24, 2025

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IBM’s stock dropped by up to 6% in after-hours trading on Wednesday, following the release of its second-quarter earnings report. While the tech giant exceeded analysts’ expectations for both earnings and total revenue, a shortfall in software sales led to investor concern. The company reported adjusted earnings of $2.80 per share, outperforming the expected $2.64. […]

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

SAP Commits €20 Billion to Europe’s Sovereign Cloud to Accelerate AI Innovation

September 2, 2025

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German enterprise software leader SAP announced on Tuesday a landmark plan to invest more than €20 billion ($23.3 billion) over the next decade to strengthen its sovereign cloud infrastructure in Europe. The investment will expand SAP’s sovereign cloud portfolio by introducing a new infrastructure-as-a-service (IaaS) platform, giving European businesses secure access to advanced computing services […]

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