Business

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

September 10, 2025

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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 […]

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

Amazon Cut-off More AWS Jobs Amid Push to Reshape Workforce for AI Era

July 21, 2025

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Amazon has confirmed another round of job cuts, this time affecting roles within its cloud computing arm, Amazon Web Services (AWS). “In light of a careful evaluation of our organizational priorities and strategic focus areas, we’ve made the tough decision to eliminate certain roles across select AWS teams,” a company spokesperson said. “We recognize the […]

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

OpenAI Eyes $6 Billion Stock Sale at Massive $500 Billion Valuation

August 18, 2025

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OpenAI is reportedly preparing a secondary share sale worth around $6 billion that could value the artificial intelligence giant at nearly $500 billion. The offering would allow current and former employees to cash out shares, with major investors such as SoftBank, Dragoneer Investment Group, and Thrive Capital said to be in talks to participate. Thrive […]

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

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

June 27, 2025

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What Amazon is Investing In New Fulfilment & Delivery Infrastructure– Construction of four new fulfilment centres in Hull, Northampton, East Midlands, and one more (opening between 2025–2027), estimated to add ~2,000 permanent jobs at both Hull and Northampton.– Expansion and upgrades to over 100 existing logistics buildings and delivery stations nationwide. Cloud & AI Infrastructure– […]

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Amazon Merges Freevee Into Prime Video, Ending Standalone App in August

Amazon Crosses 100-Satellite Milestone After Weather-Delayed Kuiper Mission

August 12, 2025

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Amazon successfully launched another set of internet-delivering satellites into orbit on Monday using a SpaceX Falcon 9 rocket, overcoming multiple delays caused by unfavorable weather. This marks the fourth mission under Project Kuiper, bringing Amazon’s total number of satellites in orbit to 102. The Falcon 9 took off from Cape Canaveral, Florida, at 8:35 a.m. […]

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

Intel Secures $5.7 Billion U.S. Investment Deal as White House Finalizes Terms

August 29, 2025

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Intel has confirmed receiving a $5.7 billion investment from the U.S. government, announced by CFO David Zinsner during an investor conference on Thursday. The funding, tied to the White House’s recent decision to take a 10% equity stake in the struggling chipmaker, comes as Intel explores additional outside investment opportunities for its semiconductor foundry division. […]

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

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.

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

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

August 12, 2025

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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 […]

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