Former White House trade advisor Peter Navarro has sharply criticized Apple CEO Tim Cook, accusing him of dragging his feet in reducing Apple’s manufacturing reliance on China. “Since the first Trump administration, Cook has repeatedly asked for more time to relocate Apple’s factories from China,” Navarro said during a recent interview. “It’s become Silicon Valley’s […]
Microsoft announced Wednesday that it will lay off around 9,000 employees, impacting fewer than 4% of its global workforce. The reductions will span across various teams, locations, and experience levels, according to a source familiar with the matter. The move aligns with the start of Microsoft’s 2026 fiscal year, a time when the tech giant […]
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 […]
Apple has posted its first iPhone sales increase in China in two years, marking a key turnaround in one of its most vital markets, according to Counterpoint Research. In the quarter ending June, iPhone sales in the country rose 8% year-over-year. This growth was largely driven by strategic price reductions and promotional campaigns in May, […]
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 […]
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– […]
In a significant cyberattack on June 18, 2025, the pro-Israel hacker group Predatory Sparrow, also known as Gonjeshke Darande, infiltrated Iran’s largest cryptocurrency exchange, Nobitex, and destroyed over $90 million worth of digital assets. The stolen funds were transferred to inaccessible “vanity addresses”—cryptographic wallets designed to be uncrackable due to their complex keys. These addresses […]
Apple is reportedly preparing to enter the foldable smartphone market with its first foldable iPhone, expected to launch in 2026. According to renowned analyst Ming-Chi Kuo, production is slated to commence in late 2025, with assembly handled by Foxconn . Design and Features The upcoming foldable iPhone is anticipated to feature a book-style design, similar […]
Amazon’s autonomous vehicle subsidiary, Zoox, has inaugurated its first full-scale robotaxi production facility in Hayward, California. This 220,000-square-foot plant is a significant step toward Zoox’s goal of producing up to 10,000 purpose-built, driverless vehicles annually. The facility is designed to handle all aspects of production, including engineering, software and hardware integration, assembly, storage, and testing. […]
On June 12, 2025, Google Cloud experienced a significant global outage that disrupted over 70 services, including Gmail, Google Meet, Google Drive, and third-party platforms such as Spotify, OpenAI, and Shopify. The disruption began around 1:50 p.m. ET and was identified within 10 minutes by Google’s Site Reliability Engineering team. However, full recovery took several […]