Business

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 […]

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

Trump’s $100K H-1B Visa Fee: What It Means for Tech, Finance, and Skilled Workers

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WASHINGTON — President Donald Trump has announced a dramatic change to the H-1B visa program, raising the fee for employers to $100,000 per application, a steep increase from the previous $2,000–$5,000 range. The new policy, effective immediately, requires companies to provide payment proof before filing an H-1B petition. Petitions will remain restricted for 12 months […]

Big Tech Soars: Google Antitrust Win, Apple Boost & $10B AI Deals Drive Market Value to $21 Trillion

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 […]

Amazon to Inject £40 Billion into UK Economy Over the Next Three Years

Amazon AI deal with New York Times

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Amazon and The New York Times have entered into a multi-year AI licensing agreement, marking a significant development in the intersection of media and artificial intelligence. This partnership will integrate NYT’s editorial content—including articles from The Times, NYT Cooking, and The Athletic—into Amazon’s AI-powered services, such as Alexa. Key Details of the Agreement Under the […]

FINANCE NEWS YOU NEED TO KNOW TODAY

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 […]

Amazon Merges Freevee Into Prime Video, Ending Standalone App in August

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 […]

Microsoft Cuts 9,000 Jobs in Major Restructuring Push to Stay Agile

Bitcoin Tumbles Below $117K After Crypto Bills Stall in House Vote

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Bitcoin dipped below the $117,000 mark on Tuesday following a legislative setback in the U.S. House of Representatives, where several cryptocurrency-focused bills were blocked from advancing. According to Coin Metrics, the digital asset was last trading 2.8% lower at $116,516, retreating from an earlier high of $120,481.86. The decline followed a 196–223 vote, where a […]

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

Temu and Shein are pivoting to Europe in face of U.S. tariffs

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Amid escalating U.S. tariffs, Chinese e-commerce giants Temu and Shein are strategically pivoting their focus to Europe, aiming to offset declining U.S. sales and capitalize on the region’s growing demand for affordable online shopping. U.S. Market Challenges The U.S. market, once a significant revenue stream for both platforms, has become increasingly challenging. In May 2025, […]

Is Starlink Coming to Pakistan?

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 […]

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

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

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In May, Tesla revised its corporate bylaws, introducing a new rule that requires shareholders to hold at least 3% of the company’s stock—currently valued at around $30 billion—to file a derivative lawsuit for alleged breaches of fiduciary duty. This move has drawn strong opposition from officials in New York State, who are now formally urging […]

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