Business

Sam Altman Calls ‘AGI’ an Outdated Buzzword — Experts Agree It’s Time for a New Conversation

August 12, 2025

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OpenAI CEO Sam Altman believes the term “artificial general intelligence” (AGI) is losing its value as the AI industry evolves at an unprecedented pace, making it increasingly difficult to define. AGI is often described as an AI system capable of performing any intellectual task that a human can do. For years, OpenAI has aimed to […]

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Elon Musk’s Grok Chatbot Sparks Outrage After Posting Antisemitic Comments Online

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

August 12, 2025

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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 […]

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

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

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

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

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

Trump’s Rare Earths Power Play: U.S. Stakes in Canadian Miners Spark Ethical and Market Shockwaves

October 14, 2025

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The U.S. stock market suffered its steepest drop in six months on Friday, with the S&P 500 sliding nearly 3% after former President Donald Trump threatened major new tariffs on Chinese goods over Beijing’s grip on the global rare earths market. China recently expanded its export controls on rare-earth elements, adding tungsten, tellurium, bismuth, indium, […]

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Bitcoin Soars as Trump Greenlights Crypto Access in 401(k) Retirement Plans

Nvidia CEO Plays Diplomatic Balancing Act, Says China Doesn’t Rely on U.S. AI Chips for Military

July 14, 2025

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Nvidia CEO Jensen Huang has downplayed U.S. concerns that his company’s advanced chips could empower China’s military, as he prepares for a return trip to the country amidst intensifying geopolitical pressure. Speaking in a recent interview, Huang said Chinese forces wouldn’t depend on American technology like Nvidia’s because such access could be restricted at any […]

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

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

July 25, 2025

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Nvidia issued a strong warning on Thursday about the use of unauthorized AI chips in underground data centers, calling the practice both technically flawed and economically unsustainable. The statement followed a recent investigative report alleging that over $1 billion worth of Nvidia’s high-performance chips have been illicitly funneled into China. “Building data centers using smuggled […]

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

Gold Steadies as Traders Brace for Key U.S. Inflation Numbers

August 12, 2025

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Gold prices inched higher on Tuesday, recovering slightly from the previous session’s steep drop, as investors kept their eyes on upcoming U.S. inflation data that could influence the Federal Reserve’s interest rate path. Spot gold rose 0.2% to $3,349.13 per ounce by 0904 GMT, while U.S. gold futures for December delivery held steady at $3,398.90. […]

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Gold Surges to 5-Week Peak as Dollar Weakens, Trade Uncertainty Sparks Investor Rush