Business

Alibaba Stock Soars 19% as Cloud Unit Growth and New AI Chip Plans Boost Investor Confidence

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Alibaba’s Hong Kong-listed shares skyrocketed over 19% on Monday, marking their highest level since March, after strong momentum from its cloud computing business and reports of progress on a new AI chip. The rally follows a nearly 13% surge in Alibaba’s U.S.-listed shares last Friday after its earnings release. For the June quarter, the Chinese […]

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

Huawei Unveils $2,500 Mate XTs Trifold Smartphone as It Pushes for Global Comeback

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Huawei has officially launched the second generation of its trifold smartphone, the Mate XTs, as part of its push to solidify dominance in China and expand its footprint overseas. The Mate XTs, priced from 17,999 yuan ($2,520) to 21,999 yuan, features two hinges that allow the device to fold at multiple points, transforming it into […]

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

Netherlands Seizes Control of Chinese-Owned Chipmaker Nexperia to Protect Tech Supply Chains

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In a rare and extraordinary move, the Dutch government has taken control of Nexperia, a Netherlands-based semiconductor company owned by China’s Wingtech Technology, to safeguard Europe’s access to critical chip supplies amid escalating global trade tensions. Nexperia is a key producer of high-volume semiconductors used across the automotive, consumer electronics, and industrial sectors, making it […]

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

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

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Amazon is set to phase out its standalone Freevee streaming service in August as part of a broader effort to streamline its entertainment offerings under the Prime Video umbrella. Freevee, which originally launched in 2019 as an ad-supported platform under IMDb—acquired by Amazon in 1998—offered free TV shows, original content, and select titles from Prime […]

Why Technology in Business is Essential for Thriving

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

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

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It’s been a blockbuster week for tech investors, with courtroom rulings and boardroom deals fueling massive gains across the industry’s biggest players. A favorable antitrust ruling for Google sent shares of Alphabet and Apple soaring, while Broadcom rallied on news of a $10 billion AI chip contract. Meanwhile, Tesla rebounded as investors weighed in on […]

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

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

Microsoft Hikes Xbox Prices in the U.S. Amid Economic Shifts and Tariff Pressures

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REDMOND, Wash. — Microsoft announced on Friday that it will raise the retail prices of several Xbox consoles in the U.S. starting October, citing the impact of a shifting macroeconomic environment. The company clarified that accessories such as controllers and headsets will remain unaffected, and pricing across other countries will stay unchanged. Although Microsoft did […]

Microsoft Secures $6 Billion U.S. Government Cloud Savings Deal to Boost AI and Digital Transformation

Instagram Hits 3 Billion Monthly Users, Joining Facebook and WhatsApp at the Top

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Instagram has officially surpassed 3 billion monthly active users, according to Meta CEO Mark Zuckerberg. Celebrating the milestone, Zuckerberg shared on his Instagram channel, “What an incredible community we’ve built here.” This achievement marks a significant moment for the photo and video-sharing app, which was acquired by Meta in 2012 for $1 billion. The last […]

Report Reveals Meta’s Ties With National PTA Amid Rising Concerns Over Child Safety

Apple Launches Detroit Manufacturing Academy Amid U.S. Job Pressure and Global Expansion

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Amid increasing calls from former President Donald Trump to bring more jobs back to American soil, Apple is rolling out a new manufacturing-focused initiative in downtown Detroit. The newly established Apple Manufacturing Academy—developed in partnership with Michigan State University—is set to open this August and will offer hands-on training in manufacturing and artificial intelligence, targeting […]

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