Business

Bitcoin Slips to $113K as Market Uncertainty Weighs; Altcoins Face Double-Digit Losses

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NEW YORK — Bitcoin pulled back on Monday, cooling off after hitting a one-month high last week, as traders looked beyond the Federal Reserve’s latest rate cut and awaited fresh signals on the U.S. economic outlook. The world’s leading cryptocurrency slipped 2.5% to $113,000 as of 09:39 ET (13:39 GMT), retreating from last week’s peak […]

Eric Trump Predicts $1M Bitcoin as Trump Family Expands Crypto Empire Across Asia

Trump and Other Meme Coins

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U.S. Securities and Exchange Commission (SEC) Commissioner Hester Peirce has clarified that meme coins, including the $TRUMP token, do not fall under the agency’s regulatory purview. This stance has significant implications for investors and the broader cryptocurrency market. SEC’s Position on Meme Coins In a recent interview, Commissioner Peirce emphasized that many meme coins, such […]

FINANCE NEWS YOU NEED TO KNOW TODAY

TeraWulf Soars Over 10% as Google Expands Stake in Bitcoin Miner and AI Datacenter Project

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Shares of TeraWulf surged more than 10% after Google boosted its investment in the bitcoin mining and datacenter operator, backing the expansion of its Lake Mariner facility in New York. The deal adds up to $1.4 billion in fresh backstop funding, raising Google’s total commitment to about $3.2 billion and increasing its ownership stake from […]

Varun Mohan Joins Google as Tech Giant Inks $2.4B AI Deal with Windsurf

Defense Tech Startup Govini Surges Past $100M ARR, Secures $150M Investment to Challenge Palantir

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Govini, a defense technology software startup competing with Palantir, has surpassed $100 million in annual recurring revenue (ARR), marking a major milestone in its rapid growth. “We’ve been scaling at a compound annual growth rate above 100% over the past three years, and we expect to continue on that trajectory,” said CEO Tara Murphy Dougherty. […]

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

HR Chief at Astronomer Resigns After Viral ‘Kiss Cam’ Moment with CEO Sparks Backlash

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Just days after Astronomer CEO Andy Byron stepped down, the company’s top HR executive, Kristin Cabot, has also resigned following a widely circulated incident at a Coldplay concert. “Kristin Cabot is no longer with the company,” a spokesperson confirmed in a Thursday email. Cabot served as Astronomer’s Chief People Officer. The controversy erupted after concertgoers […]

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

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

Apple Stock Soars to 5-Year High After White House Push for U.S. Manufacturing

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Apple shares surged 13% this week, marking their strongest weekly rally in over five years, following CEO Tim Cook’s appearance at the White House alongside President Donald Trump on Wednesday. The stock closed Friday at $229.35, up 4% for the day, adding more than $400 billion to Apple’s market capitalization, which now stands at $3.4 […]

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

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

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YouTube TV, Google’s live-streaming service, announced Monday that it may drop several Fox networks — including Fox Broadcast, Fox News, and Fox Sports — if a new carriage agreement with Fox Corporation is not finalized this week. The current deal expires Wednesday, and despite ongoing negotiations, both sides remain at an impasse. In a blog […]

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

Standard Chartered CEO Predicts Blockchain Will Power Nearly All Global Transactions in the Future

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HONG KONG — Bill Winters, the CEO of Standard Chartered, envisions a future where blockchain technology underpins almost every financial transaction worldwide, as adoption of digital assets within mainstream banking continues to accelerate. Speaking at Hong Kong FinTech Week, Winters shared his conviction that “virtually all transactions will eventually be settled on blockchains” and that […]

Bullish Ups IPO Target to Nearly $1B, Eyes $4.8B Valuation Amid Crypto Market Momentum

Duo Behind $650M Global Crypto Scam Promising 300% Profits Now Facing Federal Charges

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Two men have been indicted for orchestrating a massive international cryptocurrency fraud scheme that deceived investors out of more than $650 million. According to an indictment unsealed in the District of Puerto Rico, Michael Shannon Sims, 48, from Georgia and Florida, and Juan Carlos Reynoso, 57, from New Jersey and Florida, are accused of founding […]

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