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LG Energy Inks Massive $4.3B Battery Deal with Mystery Partner—Tesla Tipped as Buyer

July 30, 2025

wolfcanine

Business

LG Energy Solution, a South Korea-based battery manufacturer, announced on Wednesday that it has secured a massive $4.3 billion battery supply agreement with a major global company—though the buyer’s identity remains confidential for now. According to a regulatory filing on the Korea Exchange, the agreement took effect Tuesday and is set to run through July […]

Bill Gates Slams Foreign Aid Cuts: “Lives Are at Stake — It’s Not Too Late to Act”

Gold Surges to 5-Week Peak as Dollar Weakens, Trade Uncertainty Sparks Investor Rush

July 30, 2025

wolfcanine

Business

Gold prices jumped over 1% on Monday, reaching their highest level in five weeks as both the U.S. dollar and Treasury yields declined. The rise comes amid growing uncertainty over a looming August 1 deadline for countries to finalize trade deals with Washington or face new tariffs. Spot gold climbed 1.3%, hitting $3,394.23 per ounce […]

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

TikTok Faces U.S. Blackout as Commerce Chief Demands American Control Over App

July 25, 2025

wolfcanine

Business

U.S. Commerce Secretary Howard Lutnick issued a stark warning on Thursday, stating that TikTok will be blocked in the United States unless its Chinese parent company, ByteDance, agrees to transfer control to American entities. “You can’t have something controlled by China living on 100 million American phones,” Lutnick said during an appearance on a financial […]

Nvidia Slams AI Chip Smuggling: Warns Bootleg Data Centers in China Are a Risky Gamble

July 25, 2025

wolfcanine

Business

Nvidia issued a strong warning on Thursday about the use of unauthorized AI chips in underground data centers, calling the practice both technically flawed and economically unsustainable. The statement followed a recent investigative report alleging that over $1 billion worth of Nvidia’s high-performance chips have been illicitly funneled into China. “Building data centers using smuggled […]

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

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

July 25, 2025

wolfcanine

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 […]

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

wolfcanine

Technology

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 […]

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

wolfcanine

Technology

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 […]

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

wolfcanine

Business

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

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

July 24, 2025

wolfcanine

Business

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. […]

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

wolfcanine

Business

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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