Business

Gold Price Nears $3,830 as U.S. Shutdown Risks and Geopolitical Tensions Drive Safe-Haven Rush

September 29, 2025

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Gold surged nearly 2% on Monday, climbing close to all-time highs as investors sought safety amid growing concerns over a potential U.S. government shutdown and rising geopolitical risks. At the time of writing, XAU/USD trades at $3,827, just shy of the session peak of $3,833. Treasury Yields Slide, Boosting Gold The precious metal pushed past […]

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Tesla’s New Lawsuit Barrier Sparks Backlash from New York State Officials

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

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

Super Micro Stock Dips 6% After Missing Revenue Targets in Weak Preliminary Q1 Report

October 27, 2025

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Super Micro Computer Inc. saw its shares drop over 6% on Thursday after releasing weaker-than-expected preliminary results for the first quarter of fiscal year 2026. The AI server manufacturer announced it anticipates revenue of around $5 billion for the quarter, falling short of its earlier guidance range of $6 billion to $7 billion. The shortfall, […]

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

Standard Chartered CEO Predicts Blockchain Will Power Nearly All Global Transactions in the Future

November 4, 2025

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HONG KONG — Bill Winters, the CEO of Standard Chartered, envisions a future where blockchain technology underpins almost every financial transaction worldwide, as adoption of digital assets within mainstream banking continues to accelerate. Speaking at Hong Kong FinTech Week, Winters shared his conviction that “virtually all transactions will eventually be settled on blockchains” and that […]

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Bullish Ups IPO Target to Nearly $1B, Eyes $4.8B Valuation Amid Crypto Market Momentum

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

July 23, 2025

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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 […]

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

Netherlands Seizes Control of Chinese-Owned Chipmaker Nexperia to Protect Tech Supply Chains

October 14, 2025

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In a rare and extraordinary move, the Dutch government has taken control of Nexperia, a Netherlands-based semiconductor company owned by China’s Wingtech Technology, to safeguard Europe’s access to critical chip supplies amid escalating global trade tensions. Nexperia is a key producer of high-volume semiconductors used across the automotive, consumer electronics, and industrial sectors, making it […]

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

Binance CEO Denies Helping Trump-Linked Crypto Venture Ahead of CZ’s Presidential Pardon

November 4, 2025

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Binance CEO Richard Teng has strongly denied allegations that the world’s largest cryptocurrency exchange aided in promoting a Trump-affiliated stablecoin prior to former CEO Changpeng “CZ” Zhao’s presidential pardon. The controversy centers on a $2 billion investment Binance received from Abu Dhabi’s sovereign wealth fund, MGX, which was reportedly settled using USD1, a stablecoin developed […]

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Bullish Ups IPO Target to Nearly $1B, Eyes $4.8B Valuation Amid Crypto Market Momentum

Duo Behind $650M Global Crypto Scam Promising 300% Profits Now Facing Federal Charges

July 9, 2025

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Two men have been indicted for orchestrating a massive international cryptocurrency fraud scheme that deceived investors out of more than $650 million. According to an indictment unsealed in the District of Puerto Rico, Michael Shannon Sims, 48, from Georgia and Florida, and Juan Carlos Reynoso, 57, from New Jersey and Florida, are accused of founding […]

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Super Micro Plans Major Expansion in Europe to Meet Soaring AI Server Demand

Nintendo Boosts Switch 2 Sales Target to 19 Million Units as Global Demand Surges

November 4, 2025

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Nintendo has raised its sales forecast for the Switch 2 console, reflecting growing momentum for its next-generation gaming system. The Japanese gaming powerhouse now expects to sell 19 million units of the Switch 2 in the fiscal year ending March 2026, up from its earlier estimate of 15 million units. Here’s how Nintendo performed in […]

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Spotify Tumbles 11% as Growth Misses Expectations Despite User Surge