Business

Nvidia CEO Plays Diplomatic Balancing Act, Says China Doesn’t Rely on U.S. AI Chips for Military

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Nvidia CEO Jensen Huang has downplayed U.S. concerns that his company’s advanced chips could empower China’s military, as he prepares for a return trip to the country amidst intensifying geopolitical pressure. Speaking in a recent interview, Huang said Chinese forces wouldn’t depend on American technology like Nvidia’s because such access could be restricted at any […]

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

Nvidia CEO Eyes Return to Advanced Chip Sales in China as Export Curbs Ease

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Nvidia is aiming to introduce more advanced chips to China beyond its current H20 model, CEO Jensen Huang revealed during a press conference in Beijing. This strategic move follows the company’s decision earlier this week to restart sales of the H20 AI chip in the region— a product specifically designed to align with U.S. export […]

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

IBM Shares Slide as Software Revenue Falls Short Despite Strong Earnings and Cloud Growth

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IBM’s stock dropped by up to 6% in after-hours trading on Wednesday, following the release of its second-quarter earnings report. While the tech giant exceeded analysts’ expectations for both earnings and total revenue, a shortfall in software sales led to investor concern. The company reported adjusted earnings of $2.80 per share, outperforming the expected $2.64. […]

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

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

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Jack Dorsey, the co-founder of Twitter, has developed a new messaging app called Bitchat, a decentralized, peer-to-peer communication tool that operates entirely over Bluetooth mesh networks—no internet, SIM card, phone number, or email needed. Over the weekend, Dorsey personally built and launched the beta version of the app, now available on TestFlight, alongside a full […]

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

Amazon Cut-off More AWS Jobs Amid Push to Reshape Workforce for AI Era

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Amazon has confirmed another round of job cuts, this time affecting roles within its cloud computing arm, Amazon Web Services (AWS). “In light of a careful evaluation of our organizational priorities and strategic focus areas, we’ve made the tough decision to eliminate certain roles across select AWS teams,” a company spokesperson said. “We recognize the […]

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

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

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What Amazon is Investing In New Fulfilment & Delivery Infrastructure– Construction of four new fulfilment centres in Hull, Northampton, East Midlands, and one more (opening between 2025–2027), estimated to add ~2,000 permanent jobs at both Hull and Northampton.– Expansion and upgrades to over 100 existing logistics buildings and delivery stations nationwide. Cloud & AI Infrastructure– […]

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

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

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Super Micro is set to boost its presence in Europe by expanding the manufacturing of its AI server infrastructure, according to CEO Charles Liang. The company, known for building high-performance servers powered by Nvidia chips, currently operates facilities in the Netherlands but is now looking to grow further across the region. “Demand in Europe is […]

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

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

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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 […]

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

Why Bitcoin is Rising

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Ceasefire Boosts Risk-On SentimentFollowing announcements of a ceasefire between Israel and Iran, investors shifted toward riskier assets—including cryptocurrencies—lifting Bitcoin past $105K and later above $107K apnews.com+13barrons.com+13reddit.com+13apnews.com+3apnews.com+3businessinsider.com+3. U.S. Dollar WeakensThe U.S. dollar dropped to near one‑year lows amid macroeconomic concerns and dovish Fed signals, making Bitcoin more attractive as an alternative store of value barrons.com. Crypto […]

Meta Unveils the Web Version of its Cutting-Edge Thread App