Business

Tesla Fights $243M Autopilot Crash Verdict, Seeks Dismissal or New Trial

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Tesla is pushing back against a $242.5 million jury verdict in a wrongful death and product liability case, asking a Florida court to either overturn the decision or grant a new trial. The case stems from a 2019 fatal accident in Key Largo, Florida, where George McGee crashed his Tesla Model S while using the […]

Trump Vows Support for Elon Musk, Denies Plans to Cut Billions in Federal Subsidies

Trump Ally Slams Tim Cook for Delays in Shifting iPhone Production from China

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Former White House trade advisor Peter Navarro has sharply criticized Apple CEO Tim Cook, accusing him of dragging his feet in reducing Apple’s manufacturing reliance on China. “Since the first Trump administration, Cook has repeatedly asked for more time to relocate Apple’s factories from China,” Navarro said during a recent interview. “It’s become Silicon Valley’s […]

Apple Rebounds in China with First iPhone Sales Growth in Two Years

Prime Day Sparks $7.9 Billion Online Spending Surge in Just 24 Hours

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Online shoppers in the U.S. spent a massive $7.9 billion on Tuesday—the opening day of Amazon’s Prime Day sales event—marking a 9.9% increase compared to the same day last year, according to data from Adobe Analytics. This figure makes it the biggest e-commerce day of 2025 so far, surpassing last year’s Thanksgiving Day total of […]

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

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

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

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

Showdown Looms: YouTube TV Warns Fox Channels Could Vanish Without Deal

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YouTube TV, Google’s live-streaming service, announced Monday that it may drop several Fox networks — including Fox Broadcast, Fox News, and Fox Sports — if a new carriage agreement with Fox Corporation is not finalized this week. The current deal expires Wednesday, and despite ongoing negotiations, both sides remain at an impasse. In a blog […]

Trump Ally Slams Tim Cook for Delays in Shifting iPhone Production from China

Intel Secures $5.7 Billion U.S. Investment Deal as White House Finalizes Terms

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Intel has confirmed receiving a $5.7 billion investment from the U.S. government, announced by CFO David Zinsner during an investor conference on Thursday. The funding, tied to the White House’s recent decision to take a 10% equity stake in the struggling chipmaker, comes as Intel explores additional outside investment opportunities for its semiconductor foundry division. […]

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