Dollar’s Share of Global Reserves Slips as Euro Gains Ground
July 30, 2025
Key Points The U.S. dollar’s share of global currency reserves dipped slightly in the first quarter of 2025, while the euro’s share saw a modest
Al Mahmud
Wall Street Holds Steady Ahead of Fed Decision and Big Tech Earnings
July 30, 2025
Key Points U.S. stocks held steady on Wednesday as investors braced for a packed day of market-moving events. All eyes are on the Federal Reserve’s
Bank of Canada Holds Rates Steady, Hints at Future Cuts Amid Trade War Uncertainty
July 30, 2025
Key Points The Bank of Canada held its key interest rate at 2.75% for the third time in a row on Wednesday, citing ongoing uncertainty
Palo Alto Networks to Buy CyberArk for $25 Billion in Major Cybersecurity Deal
July 30, 2025
Key Points Cybersecurity giant Palo Alto Networks is buying its Israeli rival CyberArk for about $25 billion in a massive cash-and-stock deal. The move is
Trump’s Crypto Task Force to Release Major Policy Report
July 30, 2025
Key Points President Donald Trump’s special crypto working group is set to release a major report on Wednesday that will outline the administration’s vision for
Chinese SpaceX Rival LandSpace Files for Shanghai IPO
July 30, 2025
Key Points Chinese rocket developer LandSpace Technology, a major rival to U.S. companies like SpaceX, is planning to go public. According to a document from
Google to Sign EU’s AI Code of Practice, But Expresses Concerns
July 30, 2025
Key Points Google will sign the European Union’s new code of practice for artificial intelligence, the company’s global affairs president announced on Wednesday. The move
LG Signs $4.3 Billion Battery Deal, Tesla Reported to Be the Customer
July 30, 2025
Key Points South Korean battery giant LG Energy Solution has signed a massive $4.3 billion contract to supply batteries to a major corporation. While LG
Australia Reverses Course, Adds YouTube to Teen Social Media Ban
July 30, 2025
Key Points Australia’s government has reversed its earlier decision. It will now include YouTube in its world-first ban on social media for teenagers under 16.
Breakthrough Brings Cheaper, Tabletop-Sized X-Ray Lasers Closer to Reality
July 30, 2025
Key Points Scientists at Lawrence Berkeley National Lab have made a breakthrough that could lead to smaller, more affordable X-ray free-electron lasers (XFELs). These powerful
US and China Agree to Seek Extension of Tariff Truce
July 30, 2025
Key Points After two days of “constructive” talks in Stockholm, U.S. and Chinese officials have agreed to seek another extension of their 90-day tariff truce.
Wall Street Slips as Investors Brace for Fed Decision, Trade Deadline
July 29, 2025
Key Points U.S. stocks gave up their earlier gains on Tuesday, finishing lower as investors digested a mixed bag of corporate earnings and economic data.
JPMorgan in Advanced Talks to Take Over Apple Card Program
July 29, 2025
Key Points JPMorgan Chase is reportedly in advanced talks to take over Apple’s credit card program from Goldman Sachs. The move would see the largest
Apple to Open Manufacturing Academy in Detroit Amid Pressure from Trump
July 29, 2025
Key Points Apple is opening a new manufacturing training program in downtown Detroit. This move comes as the company faces intensifying pressure from President Donald
Europe Bets on ‘AI Gigafactories’ to Catch Up in Global Tech Race
July 29, 2025
Key Points Europe is making a massive bet on “AI gigafactories” in an ambitious effort to close the gap with the U.S. and China in
European Stocks Rise as Investors Digest New US Trade Deal
July 29, 2025
Key Points European stock markets edged higher on Tuesday, as investors assessed the impact of the new trade deal between the U.S. and the European
India Overtakes China as Top Smartphone Exporter to the US
July 29, 2025
Key Points In a major shift for global manufacturing, India has surpassed China to become the top exporter of smartphones to the United States. According
Senator Urges Musk to Block Criminal ‘Scam Compounds’ from Using Starlink
July 29, 2025
Key Points A U.S. senator is calling on SpaceX CEO Elon Musk to block criminal organizations in Southeast Asia from using Starlink’s satellite internet to
No Sign of Life, But ‘Water-Rich’ Exoplanet Still Fascinates Scientists
July 29, 2025
Key Points A distant, sub-Neptune-sized planet that was once thought to show possible signs of life does not appear to host living organisms after all,
Cadence Design to Pay Over $100 Million to Settle Probe into China Military Sales
July 29, 2025
Key Points Chip design software firm Cadence Design is expected to pay over $100 million to settle a U.S. government investigation into its sales to
Boeing Stabilizes Under New CEO After Years of Turmoil
July 28, 2025
Key Points After years of spiraling from one crisis to another, Boeing is finally finding some stability under the leadership of its new CEO, Kelly
Tesla Taps Samsung for $16.5 Billion Deal to Make Next-Gen AI Chips
July 28, 2025
Key Points Samsung Electronics has secured a massive $16.5 billion contract to make semiconductors for Tesla. While the South Korean company was initially tight-lipped about
Chinese AI Firms Form Alliances to Cut Reliance on Foreign Tech
July 28, 2025
Key Points In a major push for self-sufficiency, China’s artificial intelligence companies have announced two new industry alliances aimed at developing a domestic tech ecosystem.
US and EU Strike Trade Deal, Imposing 15% Tariff on Most Goods
July 28, 2025
Key Points The United States and the European Union have struck a major new trade deal, imposing a 15% import tariff on most EU goods.
Trump Administration to Announce Chip Probe Results, Higher Tariffs Likely
July 28, 2025
Key Points The Trump administration will announce the results of its national security investigation into semiconductor imports in two weeks, Commerce Secretary Howard Lutnick said
Navy Vets’ Spear AI Raises Millions to Help Subs Hear With AI
July 25, 2025
Key Points A startup founded by U.S. Navy veterans is utilizing artificial intelligence to assist the military in deciphering sounds collected by submarines. The company,
Did Microsoft’s Own Security Program Tip Off Chinese Hackers?
July 25, 2025
Key Points Microsoft is investigating whether a leak from its early alert system for cybersecurity partners contributed to Chinese hackers carrying out widespread attacks on
Intel Shares Tank After CEO Warns of Exiting Chip Manufacturing
July 25, 2025
Key Points Intel’s stock sank 8% on Friday after its new CEO, Lip-Bu Tan, delivered a stunning warning: the company could exit the chip manufacturing
Telefonica in Talks to Sell Mexican Business to Virgin Mobile Owner
July 25, 2025
Key Points Spanish telecom giant Telefonica is in exclusive talks to sell its Mexican business to Beyond ONE, the company that owns Virgin Mobile Mexico.
Rice University Engineers Create ‘Curing Clock’ for Stronger Soft Robots
July 25, 2025
Key Points Engineers at Rice University have discovered a new method to enhance the strength and durability of silicone-based devices without altering the material itself.
Chinese E-Commerce Giants Defy Government Warnings in ‘Instant Retail’ Price War
July 25, 2025
Key Points China’s largest e-commerce platforms are locked in a fierce price war over “instant retail,” where deliveries can arrive in as little as 30
Starlink Blames ‘Internal Software Failure’ for Major Global Outage
July 25, 2025
Key Points SpaceX’s Starlink suffered one of its biggest international outages on Thursday, knocking tens of thousands of users offline. The company stated that an
Banned Nvidia AI Chips Worth $1 Billion Smuggled to China, Report Says
July 24, 2025
Key Points A new report from the Financial Times claims that at least $1 billion worth of Nvidia’s most advanced artificial intelligence chips have been
Forgotten Cholesterol Drug Could Be New Weapon Against Deadly Gut Parasite
July 24, 2025
Key Points Scientists have discovered a new way to combat a life-threatening intestinal parasite by severing one of its most vital lifelines. The breakthrough involves
AI-Powered Ads to Fuel $3.5 Trillion Boom for Entertainment Industry, PwC Says
July 24, 2025
Key Points The global entertainment and media industry is poised to grow into a $3.5 trillion behemoth by 2029, with the primary driver of this
White House AI Plan Proposes Tracking Chips, Drawing Bipartisan Support
July 24, 2025
Key Points The Trump administration’s new AI blueprint includes a key recommendation to implement export controls that can track the location of advanced artificial intelligence