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 […]
Today SpaceX stands as a $400 billion giant, central to U.S. space operations — but its journey to dominance was far from smooth. Founded in 2002 by Elon Musk with funds from the sale of PayPal, the company set out to disrupt an industry long controlled by legacy players. Its first rocket, Falcon 1, was […]
Despite years of U.S. restrictions, Huawei has transformed itself from a telecom hardware supplier into a leading force in China’s AI ecosystem. Once sidelined by trade bans, the Shenzhen-based company now competes head-on with global heavyweights—including Nvidia—by deploying cutting-edge semiconductors, industrial AI products, and full-stack infrastructure. Paul Triolo, the China lead at the DGA‑Albright Stonebridge […]
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 […]
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 […]
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 […]
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– […]
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. […]
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. […]
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 […]