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

July 25, 2025

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Business

Former President Donald Trump publicly refuted speculation that he intends to jeopardize Elon Musk’s business ventures by eliminating government subsidies. In a statement shared on Truth Social, Trump clarified, “Many are saying I plan to destroy Elon’s companies by ending his federal subsidies. That’s simply not true. I want Elon—and every U.S. business—to flourish more […]

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Tesla’s New Lawsuit Barrier Sparks Backlash from New York State Officials

Intel Tops Revenue Estimates but Slashes Chip Factory Plans as CEO Declares: “No More Blank Checks”

July 25, 2025

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Intel delivered better-than-expected revenue results in the second quarter, but its stock dipped 5% in after-hours trading as CEO Lip-Bu Tan revealed deep cuts to the company’s chip manufacturing investments. The semiconductor giant reported $12.86 billion in revenue, surpassing the forecast of $11.92 billion. Adjusted earnings showed a loss of 10 cents per share. For […]

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

Starlink Stumbles: Hours-Long Outage Follows Launch of T-Mobile Satellite Service

July 25, 2025

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Elon Musk’s satellite internet venture, Starlink, experienced a major network disruption on Thursday that lasted around two and a half hours, affecting users globally. Outage tracking platform Downdetector recorded over 60,000 user reports at the height of the service interruption. Owned and operated by SpaceX—also headed by Musk—Starlink acknowledged the issue on social media. Musk […]

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

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

July 25, 2025

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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 […]

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

IBM Shares Slide as Software Revenue Falls Short Despite Strong Earnings and Cloud Growth

July 24, 2025

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IBM’s stock dropped by up to 6% in after-hours trading on Wednesday, following the release of its second-quarter earnings report. While the tech giant exceeded analysts’ expectations for both earnings and total revenue, a shortfall in software sales led to investor concern. The company reported adjusted earnings of $2.80 per share, outperforming the expected $2.64. […]

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

Amazon Acquires Bee AI to Supercharge Alexa with Wearable Voice Assistant Tech

July 23, 2025

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Amazon is set to acquire Bee AI, a San Francisco-based startup known for its AI-powered wearable device, marking another strategic move by the tech giant to deepen its investments in generative artificial intelligence. Bee AI’s flagship product is a $49.99 wristband that resembles a smartwatch and comes equipped with built-in microphones and AI capabilities. The […]

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

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

July 21, 2025

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Despite years of U.S. restrictions, Huawei has transformed itself from a telecom hardware supplier into a leading force in China’s AI ecosystem. Once sidelined by trade bans, the Shenzhen-based company now competes head-on with global heavyweights—including Nvidia—by deploying cutting-edge semiconductors, industrial AI products, and full-stack infrastructure. Paul Triolo, the China lead at the DGA‑Albright Stonebridge […]

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Nvidia CEO Plays Diplomatic Balancing Act, Says China Doesn’t Rely on U.S. AI Chips for Military

Astronomer CEO Quits After Viral Coldplay Concert Scandal Sparks Internal Probe

July 21, 2025

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Astronomer announced on Saturday that its CEO, Andy Byron, has officially stepped down following widespread attention to a viral video capturing a personal moment between him and the company’s Head of Human Resources, Kristin Cabot, at a Coldplay concert. In an official statement, the company said, “Andy Byron has submitted his resignation, and the Board […]

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

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

July 17, 2025

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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 […]

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

Tesla’s New Lawsuit Barrier Sparks Backlash from New York State Officials

July 17, 2025

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In May, Tesla revised its corporate bylaws, introducing a new rule that requires shareholders to hold at least 3% of the company’s stock—currently valued at around $30 billion—to file a derivative lawsuit for alleged breaches of fiduciary duty. This move has drawn strong opposition from officials in New York State, who are now formally urging […]

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