Gold prices bounced back from earlier lows, stabilizing as U.S. inflation data showed steady upward pressure on consumer costs. According to the Bureau of Labor Statistics, the Consumer Price Index (CPI) climbed 0.2% in July, following June’s 0.3% rise—right in line with forecasts. Over the past year, headline inflation increased 2.7%, just under the expected […]
Dylan Field, once a college dropout, has now entered the elite ranks of tech billionaires after Figma’s explosive stock market debut. Like Facebook’s Mark Zuckerberg, Field shares early ties with billionaire investor Peter Thiel. In 2012, Field was awarded the prestigious Thiel Fellowship—a $100,000 grant for young innovators willing to leave college behind. Originally a […]
Bullish, the cryptocurrency exchange backed by billionaire investor Peter Thiel, has increased the size of its upcoming initial public offering. The company now plans to raise approximately $990 million by offering 30 million shares priced between $32 and $33 each, valuing the firm at about $4.8 billion, according to a recent filing with the U.S. […]
Microsoft has struck a landmark agreement with the U.S. General Services Administration (GSA), offering over $6 billion in cost savings on cloud services over the next three years. The deal provides government agencies with access to discounted pricing on Microsoft’s cloud platforms and productivity tools through September 2026. As part of the initiative, federal agencies […]
CANNES — A decade ago, Vitalik Buterin and a handful of developers gathered in a chilly loft in Berlin, surrounded by bare bulbs, battered chairs, and scattered laptops. They weren’t executives or backed by billion-dollar funds — just passionate visionaries chasing a bold idea late into the night. From this modest workspace, Ethereum’s first version, […]
The cryptocurrency market surged on Thursday amid growing excitement that Bitcoin and other digital assets may soon become part of 401(k) retirement portfolios. Former President Donald Trump is expected to sign an executive order that paves the way for retirement accounts to invest in alternative assets — including private equity, real estate, and cryptocurrencies. Bitcoin […]
A decade after Apple and Samsung first battled for dominance in the U.S. smartphone market, the rivalry is heating up again — and this time, foldable screens are at the center of the fight. According to Canalys data, Samsung’s U.S. shipments jumped in the second quarter, boosting its market share from 23% to 31%, while […]
Oil prices remained largely unchanged on Friday but stayed on track for strong weekly gains, as global investors closely monitored the effects of sweeping U.S. tariffs and looming sanctions announced by former President Donald Trump. Brent crude futures slipped by 35 cents (0.49%) to $71.35 a barrel by 10:39 GMT, while U.S. West Texas Intermediate […]
President Trump has long pushed for Apple to manufacture iPhones in the United States. But Apple CEO Tim Cook appears to have found a strategic middle ground — keeping Apple’s global production model intact while still satisfying Washington’s appetite for American jobs. During a recent White House appearance alongside Trump, Cook announced Apple’s commitment to […]
A Florida jury has ruled that Tesla holds partial responsibility for a deadly 2019 crash involving its Autopilot system and has awarded nearly $242.5 million in total damages to the victim’s family and an injured survivor. The jury allocated 33% fault to Tesla, making the company liable for around $42.5 million in compensatory damages. In […]