Business

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

Apple Increases iPhone Pro Price for First Time in 7 Years, Unveils New iPhone 17 Air

September 10, 2025

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Apple has officially raised the starting price of its flagship iPhone Pro model in the U.S. for the first time since 2017, a move long anticipated by analysts and investors. The new iPhone 17 Pro now starts at $1,099, which is $100 more than last year’s iPhone 16 Pro. Alongside it, Apple has also introduced […]

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Tim Cook’s Masterclass: How Apple Dodged U.S. iPhone Demands While Winning Trump Over

Amazon Workers Lose Jobs Before Prime Day : “We’ve Followed Every Rule” Caught in Trump Immigration Crackdown

July 11, 2025

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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 […]

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

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

Apple Stock Surges After iPhone 17 Launch, Turns Positive in 2025

September 23, 2025

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CUPERTINO, Calif. — Apple’s stock has bounced back strongly following the launch of its latest devices, erasing all of its 2025 losses and turning positive for the year. After a 4% rally on Monday, Apple shares are now up just over 2% year-to-date, making it the last of the major tech giants to enter positive […]

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Samsung Surges as Foldable Phones Steal Market Share from Apple in the U.S.

Crypto CEO accused of laundering $500 million to Russian banks

June 10, 2025

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Iurii Gugnin, a 38-year-old Russian national residing in New York, has been arrested and charged with operating a sophisticated money laundering scheme that allegedly funneled over $530 million through U.S. financial institutions. Gugnin, the founder of cryptocurrency payment firms Evita Pay and Evita Investments, is accused of facilitating transactions on behalf of clients linked to […]

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FINANCE NEWS YOU NEED TO KNOW TODAY

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

Nvidia Spends $900 Million to Bring Enfabrica CEO on Board and License AI Startup’s Breakthrough Tech

September 19, 2025

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Nvidia has invested more than $900 million to bring in Enfabrica CEO Rochan Sankar along with several key employees, while also securing a license for the startup’s cutting-edge technology. The deal, completed last week, combines cash and stock compensation, according to people familiar with the matter. This move mirrors similar AI talent acquisitions made recently […]

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

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

July 3, 2025

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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 […]

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

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