Business

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

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

Samsung Warns of 56% Profit Drop as AI Chip Race Leaves Tech Giant Lagging

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Samsung Electronics announced on Tuesday that it expects its operating profit for the second quarter to plummet by 56%, highlighting the challenges it faces in keeping up with soaring demand for advanced AI chips dominated by rivals like Nvidia. The South Korean tech giant — known globally for its smartphones and memory chips — projected […]

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

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

Disney Warns of Possible ESPN and ABC Blackout on YouTube TV as Contract Talks Near Deadline

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Streaming giant YouTube TV could lose access to major Disney-owned networks — including ESPN and ABC — by the end of the month if a new distribution deal isn’t finalized in time. Disney announced on Thursday that it will begin notifying YouTube TV subscribers about the potential blackout, as its current contract with the platform […]

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

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

Elon Musk Skips Trump’s Star-Studded White House Tech CEO Dinner

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President Donald Trump is set to host an exclusive gathering of two dozen top tech and business leaders on Thursday evening in the newly renovated White House Rose Garden. Among the high-profile invitees are Meta founder Mark Zuckerberg, Apple CEO Tim Cook, Microsoft co-founder Bill Gates, and OpenAI’s Sam Altman, according to a White House […]

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

Microsoft Mandates 3 Days in Office per Week Starting February 2025

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Microsoft announced that beginning February 2025, employees based near its Redmond headquarters and across the Puget Sound region will be required to work on-site at least three days a week. The policy will gradually expand to other U.S. offices before rolling out globally. In an internal memo, Amy Coleman, Chief of Human Resources at Microsoft, […]

Microsoft Confirms Chinese Hackers Targeted SharePoint in Latest Cyber Espionage Wave

Microsoft Confirms Chinese Hackers Targeted SharePoint in Latest Cyber Espionage Wave

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Microsoft has revealed that multiple China-linked hacking groups have been actively exploiting a vulnerability in its SharePoint collaboration platform. According to a blog post by the tech giant, malicious activity tied to the Chinese threat actors known as Linen Typhoon, Violet Typhoon, and Storm-2603 began as early as July 7. These groups have attempted to […]

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

Trump’s $100K H-1B Visa Fee: What It Means for Tech, Finance, and Skilled Workers

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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 […]

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