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Intel Secures $5.7 Billion U.S. Investment Deal as White House Finalizes Terms

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Intel has confirmed receiving a $5.7 billion investment from the U.S. government, announced by CFO David Zinsner during an investor conference on Thursday. The funding, tied to the White House’s recent decision to take a 10% equity stake in the struggling chipmaker, comes as Intel explores additional outside investment opportunities for its semiconductor foundry division. […]

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

Senate Democrats Urge Trump to Halt AI Chip Sales Deal With China

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A group of six Senate Democrats has called on President Donald Trump to reverse his decision allowing U.S. chipmakers Nvidia and Advanced Micro Devices (AMD) to sell advanced AI semiconductors to China in exchange for 15% of revenue from those sales. The lawmakers — including Chuck Schumer, Mark Warner, Jack Reed, Jeanne Shaheen, Christopher Coons, […]

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

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

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U.S. President Donald Trump has suggested he may allow Nvidia to sell a reduced-performance version of its cutting-edge Blackwell AI chip to China. Speaking at a press briefing on Monday, Trump hinted at a possible deal if Nvidia could limit the chip’s capabilities by around 30% to 50%. He also mentioned an upcoming meeting with […]

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

Trump Reverses Course, Praises Intel CEO Lip-Bu Tan Days After Calling for His Resignation

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Just days after demanding the resignation of Intel’s chief executive, President Donald Trump has now lauded Lip-Bu Tan as a “success,” marking a dramatic shift in tone. On Monday, Trump revealed that he and his cabinet met with Tan, alongside Commerce Secretary Howard Lutnick and Treasury Secretary Scott Bessent. “The meeting was a very interesting […]

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

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

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The cryptocurrency market surged on Thursday amid growing excitement that Bitcoin and other digital assets may soon become part of 401(k) retirement portfolios. Former President Donald Trump is expected to sign an executive order that paves the way for retirement accounts to invest in alternative assets — including private equity, real estate, and cryptocurrencies. Bitcoin […]

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

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

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President Trump has long pushed for Apple to manufacture iPhones in the United States. But Apple CEO Tim Cook appears to have found a strategic middle ground — keeping Apple’s global production model intact while still satisfying Washington’s appetite for American jobs. During a recent White House appearance alongside Trump, Cook announced Apple’s commitment to […]

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

Oil Holds Firm Amid Tariff Tensions and Sanctions Shockwaves

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Oil prices remained largely unchanged on Friday but stayed on track for strong weekly gains, as global investors closely monitored the effects of sweeping U.S. tariffs and looming sanctions announced by former President Donald Trump. Brent crude futures slipped by 35 cents (0.49%) to $71.35 a barrel by 10:39 GMT, while U.S. West Texas Intermediate […]

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

Crypto Takes a Hit as Trump’s Tariffs Rattle Markets and Spark Investor Pullback

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The cryptocurrency market stumbled into August after former President Donald Trump introduced a revised set of “reciprocal” tariffs targeting dozens of countries. The announcement fueled a wave of investor caution and led to a sell-off in digital assets. Bitcoin dropped by 3% to around $113,231, while Ethereum and Solana slid by 6% and 5% respectively. […]

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

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

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

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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