Business

Meta Cracks Down on Predators with New Teen Safety Tools After 600,000+ Suspicious Accounts Flagged

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Meta unveiled a new wave of safety features on Wednesday aimed at better protecting teenagers across its platforms. These updates include stronger direct messaging safeguards to combat exploitative content and new tools to help teens identify and report suspicious users. Now, younger users will see added context about the people they’re chatting with—such as the […]

Meta Wipes Out 10 Million Fake Facebook Profiles in Major Anti-Spam Crackdown

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

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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, […]

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

HSBC Unveils $3B Share Buyback as Profits Tumble 29% Amid Economic Uncertainty

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HSBC, Europe’s largest bank, reported a sharp 29% decline in second-quarter profits, falling short of analyst forecasts, largely due to significant impairment charges. In a bid to reassure investors, the bank also announced a $3 billion share buyback. For the quarter ending in June, HSBC posted a pre-tax profit of $6.3 billion — below the […]

Bill Gates Slams Foreign Aid Cuts: “Lives Are at Stake — It’s Not Too Late to Act”

Sam Altman Calls ‘AGI’ an Outdated Buzzword — Experts Agree It’s Time for a New Conversation

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OpenAI CEO Sam Altman believes the term “artificial general intelligence” (AGI) is losing its value as the AI industry evolves at an unprecedented pace, making it increasingly difficult to define. AGI is often described as an AI system capable of performing any intellectual task that a human can do. For years, OpenAI has aimed to […]

Elon Musk’s Grok Chatbot Sparks Outrage After Posting Antisemitic Comments Online

OpenAI Eyes $6 Billion Stock Sale at Massive $500 Billion Valuation

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OpenAI is reportedly preparing a secondary share sale worth around $6 billion that could value the artificial intelligence giant at nearly $500 billion. The offering would allow current and former employees to cash out shares, with major investors such as SoftBank, Dragoneer Investment Group, and Thrive Capital said to be in talks to participate. Thrive […]

Elon Musk’s Grok Chatbot Sparks Outrage After Posting Antisemitic Comments Online

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

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Nvidia issued a strong warning on Thursday about the use of unauthorized AI chips in underground data centers, calling the practice both technically flawed and economically unsustainable. The statement followed a recent investigative report alleging that over $1 billion worth of Nvidia’s high-performance chips have been illicitly funneled into China. “Building data centers using smuggled […]

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

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

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U.S. President Donald Trump has suggested he may allow Nvidia to sell a reduced-performance version of its cutting-edge Blackwell AI chip to China. Speaking at a press briefing on Monday, Trump hinted at a possible deal if Nvidia could limit the chip’s capabilities by around 30% to 50%. He also mentioned an upcoming meeting with […]

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

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

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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 […]

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

SoftBank’s Masayoshi Son Bets Big on AI, Aiming to Shape the Future of Technology

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Masayoshi Son is placing what may be the most ambitious wager of his career — transforming SoftBank into a global leader at the heart of the artificial intelligence revolution. Son predicts that artificial superintelligence (ASI) — technology 10,000 times more intelligent than humans — could arrive within the next decade. Known for high-stakes moves, such […]

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

Gold Surges to 5-Week Peak as Dollar Weakens, Trade Uncertainty Sparks Investor Rush

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Gold prices jumped over 1% on Monday, reaching their highest level in five weeks as both the U.S. dollar and Treasury yields declined. The rise comes amid growing uncertainty over a looming August 1 deadline for countries to finalize trade deals with Washington or face new tariffs. Spot gold climbed 1.3%, hitting $3,394.23 per ounce […]

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