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

August 18, 2025

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

Business

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

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

August 18, 2025

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Business

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

Gold Steadies as Traders Brace for Key U.S. Inflation Numbers

August 12, 2025

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Business

Gold prices inched higher on Tuesday, recovering slightly from the previous session’s steep drop, as investors kept their eyes on upcoming U.S. inflation data that could influence the Federal Reserve’s interest rate path. Spot gold rose 0.2% to $3,349.13 per ounce by 0904 GMT, while U.S. gold futures for December delivery held steady at $3,398.90. […]

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

Citi Predicts Brent Crude Could Slide to Low-$60s by Year-End Amid Market Softening

August 12, 2025

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Business

Analysts at Citibank expect Brent crude prices to drift toward the low $60 per barrel range before the year closes, pointing to signs of a cooling market. As of Wednesday afternoon, Brent futures traded at $66.53 per barrel, down 36 cents, while U.S. West Texas Intermediate (WTI) slipped 38 cents to $63.97.The bank noted that […]

Oil Prices Rebound on U.S. Demand Strength Despite Sanctions Uncertainty

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

August 12, 2025

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Business

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

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

August 12, 2025

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Business

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

Sam Altman Calls ‘AGI’ an Outdated Buzzword — Experts Agree It’s Time for a New Conversation

August 12, 2025

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Business

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

Bitcoin Nears Record Peak, Ethereum Smashes $4K as Market Eyes Next Big Rally

August 12, 2025

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Uncategorized

Bitcoin has inched closer to its historic high following a sharp overnight surge, while Ethereum climbed to price levels last seen in 2021. At last check, Bitcoin was trading around $118,981.86, showing stability after touching higher levels earlier in the day. Ethereum held firm at $4,256.90, just after breaking above $4,000 on Friday — its […]

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

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

August 12, 2025

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Business

Bullish, the cryptocurrency exchange backed by billionaire investor Peter Thiel, has increased the size of its upcoming initial public offering. The company now plans to raise approximately $990 million by offering 30 million shares priced between $32 and $33 each, valuing the firm at about $4.8 billion, according to a recent filing with the U.S. […]

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

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

August 12, 2025

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Entertainment

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 […]

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