Business

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

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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 […]

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

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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 […]

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

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

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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. […]

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

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

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Tesla is pushing back against a $242.5 million jury verdict in a wrongful death and product liability case, asking a Florida court to either overturn the decision or grant a new trial. The case stems from a 2019 fatal accident in Key Largo, Florida, where George McGee crashed his Tesla Model S while using the […]

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

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

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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 […]

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

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

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Nvidia is aiming to introduce more advanced chips to China beyond its current H20 model, CEO Jensen Huang revealed during a press conference in Beijing. This strategic move follows the company’s decision earlier this week to restart sales of the H20 AI chip in the region— a product specifically designed to align with U.S. export […]

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

Apple Delays iPhone Air Launch in China Over eSIM Approval Hurdles

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Apple has confirmed that the launch of its new iPhone Air in China will be delayed due to regulatory challenges linked to its eSIM-only design. Chinese wireless carriers are still awaiting government approval to offer devices using eSIM technology, which has prevented the rollout of the iPhone Air in the region. Apple stated that it […]

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

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

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Former White House trade advisor Peter Navarro has sharply criticized Apple CEO Tim Cook, accusing him of dragging his feet in reducing Apple’s manufacturing reliance on China. “Since the first Trump administration, Cook has repeatedly asked for more time to relocate Apple’s factories from China,” Navarro said during a recent interview. “It’s become Silicon Valley’s […]

Apple Rebounds in China with First iPhone Sales Growth in Two Years

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

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Gold prices jumped over 1% on Monday, reaching their highest level in five weeks as both the U.S. dollar and Treasury yields declined. The rise comes amid growing uncertainty over a looming August 1 deadline for countries to finalize trade deals with Washington or face new tariffs. Spot gold climbed 1.3%, hitting $3,394.23 per ounce […]

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

Nasdaq Backs Winklevoss Twins’ Gemini with $50M Investment Ahead of IPO

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Gemini, the cryptocurrency exchange founded by Cameron and Tyler Winklevoss, has secured a major boost from Nasdaq just days before its highly anticipated initial public offering. The global stock exchange operator is investing $50 million in Gemini as part of a strategic partnership that will enable Nasdaq to integrate the exchange’s custodial services for its […]

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