Business

Amazon Acquires Bee AI to Supercharge Alexa with Wearable Voice Assistant Tech

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Amazon is set to acquire Bee AI, a San Francisco-based startup known for its AI-powered wearable device, marking another strategic move by the tech giant to deepen its investments in generative artificial intelligence. Bee AI’s flagship product is a $49.99 wristband that resembles a smartwatch and comes equipped with built-in microphones and AI capabilities. The […]

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

Microsoft Confirms Chinese Hackers Targeted SharePoint in Latest Cyber Espionage Wave

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Microsoft has revealed that multiple China-linked hacking groups have been actively exploiting a vulnerability in its SharePoint collaboration platform. According to a blog post by the tech giant, malicious activity tied to the Chinese threat actors known as Linen Typhoon, Violet Typhoon, and Storm-2603 began as early as July 7. These groups have attempted to […]

Watsapp Rival?!!! Jack Dorsey Unveils ‘Bitchat’ — A Privacy-First, Offline Messaging App That Needs No Internet

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

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 […]

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

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

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Perplexity AI has introduced Comet, a cutting-edge web browser powered by artificial intelligence, marking the company’s bold entry into the competitive internet services space alongside tech giants like Google and Microsoft. Launched on Wednesday, Comet allows users to engage with enterprise tools such as Slack and pose complex queries using voice or text. A demo […]

Watsapp Rival?!!! Jack Dorsey Unveils ‘Bitchat’ — A Privacy-First, Offline Messaging App That Needs No Internet

Trump and Other Meme Coins

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U.S. Securities and Exchange Commission (SEC) Commissioner Hester Peirce has clarified that meme coins, including the $TRUMP token, do not fall under the agency’s regulatory purview. This stance has significant implications for investors and the broader cryptocurrency market. SEC’s Position on Meme Coins In a recent interview, Commissioner Peirce emphasized that many meme coins, such […]

FINANCE NEWS YOU NEED TO KNOW TODAY

Bitcoin Smashes Past $113K as Short Sellers Scramble and Crypto Market Heats Up

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Bitcoin surged to a fresh all-time high on Thursday, breaking through $113,000 as investor enthusiasm returned to risk assets and a wave of short liquidations pushed prices even higher. The top cryptocurrency climbed as much as $113,863.18 during the day before settling around $113,459, marking a nearly 2% daily gain. This latest rally extends the […]

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

Global Oil Prices Slip, But Weekly Gains Stay Intact Amid Tariffs and Supply Concerns

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Crude oil prices eased slightly on Friday but remained on track for another weekly gain as fresh U.S. tariffs on Indian exports raised questions over the future flow of Russian crude. As of writing, Brent crude traded at $68.17 per barrel, while West Texas Intermediate (WTI) hovered near $64.20, both edging lower from Thursday’s close. […]

Oil Prices Rebound on U.S. Demand Strength Despite Sanctions Uncertainty

Coinbase CEO Slams Banks for Attacking Stablecoin Rewards With “Boogeyman” Claims

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Coinbase CEO Brian Armstrong joined fellow crypto leaders on Capitol Hill this week in a heated policy battle with the banking industry — a fight that could impact trillions of dollars in deposits. Banking advocacy groups are lobbying lawmakers to ban crypto exchanges from offering stablecoin rewards, arguing that such perks mimic traditional bank interest […]

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

Duo Behind $650M Global Crypto Scam Promising 300% Profits Now Facing Federal Charges

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Two men have been indicted for orchestrating a massive international cryptocurrency fraud scheme that deceived investors out of more than $650 million. According to an indictment unsealed in the District of Puerto Rico, Michael Shannon Sims, 48, from Georgia and Florida, and Juan Carlos Reynoso, 57, from New Jersey and Florida, are accused of founding […]

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