Business

Quantum Computing Stocks Soar as JPMorgan Pledges $10B in Strategic Tech Investments

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Quantum computing stocks surged Monday after JPMorgan Chase unveiled plans to back the sector as part of a sweeping new investment program. The banking giant announced it will commit up to $10 billion across four key areas: advanced manufacturing and supply chains, defense and aerospace, clean energy technology, and frontier innovations such as quantum computing. […]

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

Amazon Fires Palestinian Engineer After Protests Against Israel Contract

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Amazon has terminated a Palestinian software engineer who was suspended last month after voicing opposition to the company’s work with the Israeli government. Ahmed Shahrour, who worked in Amazon’s Whole Foods division in Seattle, received notice of his dismissal on Monday. His suspension in September was linked to messages he posted on the company’s internal […]

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

Gold Price Nears $3,830 as U.S. Shutdown Risks and Geopolitical Tensions Drive Safe-Haven Rush

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Gold surged nearly 2% on Monday, climbing close to all-time highs as investors sought safety amid growing concerns over a potential U.S. government shutdown and rising geopolitical risks. At the time of writing, XAU/USD trades at $3,827, just shy of the session peak of $3,833. Treasury Yields Slide, Boosting Gold The precious metal pushed past […]

Tesla’s New Lawsuit Barrier Sparks Backlash from New York State Officials

SEC–CFTC Joint Meeting at 1PM: Could This Be the Turning Point for Bitcoin and Crypto Regulation?

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The Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) are holding a high-stakes joint roundtable on digital asset regulation today, from 1:00 to 5:30 P.M. ET, streamed live on SEC.gov. Opening remarks will be delivered by SEC Chair Paul S. Atkins and CFTC Acting Chair Caroline D. Pham, with closing commentary […]

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

Instagram Hits 3 Billion Monthly Users, Joining Facebook and WhatsApp at the Top

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Instagram has officially surpassed 3 billion monthly active users, according to Meta CEO Mark Zuckerberg. Celebrating the milestone, Zuckerberg shared on his Instagram channel, “What an incredible community we’ve built here.” This achievement marks a significant moment for the photo and video-sharing app, which was acquired by Meta in 2012 for $1 billion. The last […]

Report Reveals Meta’s Ties With National PTA Amid Rising Concerns Over Child Safety

China’s Silence Deepens Uncertainty Over Trump’s TikTok Deal

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After U.S. President Donald Trump announced his approval of a deal that could keep TikTok operating in the United States, Beijing’s response has been strikingly muted. Despite the app’s global popularity and political weight, Chinese state media and online discussions have offered little commentary, signaling the government’s cautious stance as it ultimately holds the power […]

TikTok Faces U.S. Blackout as Commerce Chief Demands American Control Over App

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

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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 […]

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

Startup Founder Charlie Javice Sentenced to 7 Years for $175M JPMorgan Fraud

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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 […]

Perplexity Unveils ‘Comet’ — A Smart AI Web Browser for Premium Users

EA to Go Private in Record $55 Billion Deal, Shareholders to Receive $210 Per Share

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Electronic Arts (EA) announced Monday that it will be taken private in a massive $55 billion all-cash acquisition led by Saudi Arabia’s Public Investment Fund (PIF), Silver Lake, and Affinity Partners. Under the agreement, EA shareholders will receive $210 per share in cash, marking one of the largest leveraged buyouts in Wall Street history. The […]

Samsung Warns of 56% Profit Drop as AI Chip Race Leaves Tech Giant Lagging

China’s Momenta Eyes $6 Billion Valuation in New Funding Round as Global Automakers Line Up

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Momenta, a leading Chinese autonomous driving technology startup, is in talks to raise fresh capital at a potential valuation of around $6 billion, according to people familiar with the matter. The figure could still shift as the funding process moves forward, sources noted. The Beijing-based company specializes in developing advanced software and algorithms that enable […]

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