Temu and Shein are pivoting to Europe in face of U.S. tariffs
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Business
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Amazon Workers Lose Jobs Before Prime Day : “We’ve Followed Every Rule” Caught in Trump Immigration Crackdown
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Daphnee Poteau, a Haitian immigrant who arrived in the U.S. in 2023, found more than just a job at an Amazon warehouse in Indianapolis—she found her husband, Kristopher Vincent, a longtime employee at the same facility known as IND8. But their future has suddenly become uncertain. Last month, Poteau was contacted by the Department of […]
Bill Gates Slams Foreign Aid Cuts: “Lives Are at Stake — It’s Not Too Late to Act”
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Bill Gates has spoken out strongly against recent U.S. cuts to global aid programs, calling the decision “devastating” but still reversible. The billionaire philanthropist and Microsoft co-founder urged policymakers to restore funding for critical international initiatives, warning that the consequences of inaction are already proving fatal. In a post on X (formerly Twitter), Gates responded […]
Amazon AI deal with New York Times
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Trump Meets Nvidia CEO After $4 Trillion Milestone Amid AI Chip Export Tensions
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Nvidia CEO Jensen Huang visited the White House on Thursday for a meeting with former President Donald Trump, coinciding with Nvidia’s historic climb to become the first publicly traded company to close a trading session with a market valuation surpassing $4 trillion—outpacing both Apple and Microsoft. The meeting took place as Nvidia’s stock saw a […]
Snowflake to buy database startup Crunchy Data
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Samsung Warns of 56% Profit Drop as AI Chip Race Leaves Tech Giant Lagging
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Samsung Electronics announced on Tuesday that it expects its operating profit for the second quarter to plummet by 56%, highlighting the challenges it faces in keeping up with soaring demand for advanced AI chips dominated by rivals like Nvidia. The South Korean tech giant — known globally for its smartphones and memory chips — projected […]
AMD Set to Resume AI Chip Exports to China as U.S. Reopens Licensing Path
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Advanced Micro Devices (AMD) announced on Tuesday that it will soon restart shipments of its MI308 artificial intelligence chips to China, sending its stock up more than 6% following the announcement. The company stated that the U.S. Department of Commerce has begun reviewing license applications again, allowing AMD to move forward with exports once approval […]
Microsoft Cuts 9,000 Jobs in Major Restructuring Push to Stay Agile
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Microsoft announced Wednesday that it will lay off around 9,000 employees, impacting fewer than 4% of its global workforce. The reductions will span across various teams, locations, and experience levels, according to a source familiar with the matter. The move aligns with the start of Microsoft’s 2026 fiscal year, a time when the tech giant […]
Trump and Other Meme Coins
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