Business

Jeff Bezos Appoints Ex-Amazon Alexa Chief to Lead $10B Climate Initiative

July 16, 2025

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Jeff Bezos has named longtime Amazon executive Tom Taylor as the new President and CEO of the $10 billion Bezos Earth Fund, a major philanthropic effort focused on tackling climate change and preserving biodiversity. Taylor, who spent over two decades at Amazon and previously led its Alexa voice assistant division and third-party seller services, shared […]

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

AMD Set to Resume AI Chip Exports to China as U.S. Reopens Licensing Path

July 16, 2025

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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 […]

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

Nvidia CEO Jensen Huang to Join Trump on High-Profile UK State Visit with Global Business Leaders

September 10, 2025

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Nvidia’s chief executive Jensen Huang is set to accompany President Donald Trump on a state visit to the United Kingdom next week, alongside a lineup of top U.S. business leaders. According to reports, the delegation will include OpenAI’s Sam Altman, Blackstone CEO Stephen Schwarzman, and BlackRock CEO Larry Fink, with Apple CEO Tim Cook also […]

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Trump Signals Openness to Nvidia Selling a ‘Weakened’ Blackwell AI Chip to China

Uber taps AI firm Wayve to pilot fully driverless rides in the UK

June 10, 2025

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Uber Technologies Inc. (NYSE: UBER) has announced a strategic partnership with UK-based AI startup Wayve to launch public-road trials of Level 4 (L4) fully autonomous vehicles in London. This collaboration marks the UK’s largest pilot of autonomous vehicles to date and represents a significant step forward in Uber’s global autonomous mobility strategy. What Is Level […]

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FINANCE NEWS YOU NEED TO KNOW TODAY

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

July 25, 2025

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U.S. Commerce Secretary Howard Lutnick issued a stark warning on Thursday, stating that TikTok will be blocked in the United States unless its Chinese parent company, ByteDance, agrees to transfer control to American entities. “You can’t have something controlled by China living on 100 million American phones,” Lutnick said during an appearance on a financial […]

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Nvidia Slams AI Chip Smuggling: Warns Bootleg Data Centers in China Are a Risky Gamble

AI Boom Fuels Record Investment in Undersea Data Cables — The Hidden Lifeline of the Internet

November 10, 2025

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More than 95% of the world’s internet traffic — including financial transactions, government communications, emails, and streaming data — travels through a vast web of nearly one million miles of underwater cables. These unseen highways are the backbone of global connectivity and a critical enabler of today’s artificial intelligence revolution. Subsea cables have come a […]

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Google CEO Sundar Pichai Thanks Trump After Landmark Antitrust Win: “I’m Glad It’s Over”

Senate Democrats Urge Trump to Halt AI Chip Sales Deal With China

August 18, 2025

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A group of six Senate Democrats has called on President Donald Trump to reverse his decision allowing U.S. chipmakers Nvidia and Advanced Micro Devices (AMD) to sell advanced AI semiconductors to China in exchange for 15% of revenue from those sales. The lawmakers — including Chuck Schumer, Mark Warner, Jack Reed, Jeanne Shaheen, Christopher Coons, […]

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Trump Signals Openness to Nvidia Selling a ‘Weakened’ Blackwell AI Chip to China

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

July 16, 2025

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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 […]

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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

September 23, 2025

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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 […]

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

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

September 29, 2025

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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 […]

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