Business

“We Need the Brightest Minds”: Nvidia & OpenAI Chiefs Back Trump’s $100K H-1B Visa Move

September 23, 2025

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WASHINGTON — Nvidia CEO Jensen Huang and OpenAI CEO Sam Altman have shared their views on President Donald Trump’s recent decision to raise the cost of hiring foreign talent under the H-1B visa program. Last week, Trump announced a dramatic fee increase — setting the new H-1B visa cost at $100,000. Under the updated rules, […]

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

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

Apple Stock Surges After iPhone 17 Launch, Turns Positive in 2025

September 23, 2025

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CUPERTINO, Calif. — Apple’s stock has bounced back strongly following the launch of its latest devices, erasing all of its 2025 losses and turning positive for the year. After a 4% rally on Monday, Apple shares are now up just over 2% year-to-date, making it the last of the major tech giants to enter positive […]

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Samsung Surges as Foldable Phones Steal Market Share from Apple in the U.S.

Telegram Launches Built-In Crypto Wallet for 87M U.S. Users — No App Needed

July 23, 2025

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Telegram has officially rolled out its integrated crypto wallet to 87 million users in the United States, allowing them to send, receive, and manage digital assets directly within the app—no separate downloads, browser extensions, or logins required. Called TON Wallet, the feature is now live within Telegram’s interface. It functions as a self-custodial wallet, meaning […]

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

Lufthansa to Slash 4,000 Jobs by 2030 as AI Reshapes Airline Operations

September 29, 2025

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Lufthansa announced on Monday that it will cut 4,000 jobs worldwide by 2030 as part of a major restructuring plan that leans heavily on artificial intelligence to boost efficiency and profitability. The airline group said most of the reductions will target administrative roles, particularly in Germany, as the company streamlines overlapping tasks and embraces digital […]

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

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

July 30, 2025

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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 […]

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

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

Nvidia CEO Jensen Huang to Join Trump on High-Profile UK State Visit with Global Business Leaders

September 10, 2025

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Nvidia’s chief executive Jensen Huang is set to accompany President Donald Trump on a state visit to the United Kingdom next week, alongside a lineup of top U.S. business leaders. According to reports, the delegation will include OpenAI’s Sam Altman, Blackstone CEO Stephen Schwarzman, and BlackRock CEO Larry Fink, with Apple CEO Tim Cook also […]

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

DOJ Seizes Record $15 Billion in Bitcoin Tied to Global ‘Pig Butchering’ Scam Run from Cambodia

October 14, 2025

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The U.S. Department of Justice has announced the seizure of $15 billion in bitcoin, marking the largest cryptocurrency forfeiture in its history. Prosecutors said the funds were linked to a massive “pig butchering” fraud scheme operated out of Cambodia. An indictment unsealed in federal court in Brooklyn on Tuesday charged Chen Zhi, also known as […]

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Eric Trump Predicts $1M Bitcoin as Trump Family Expands Crypto Empire Across Asia

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