In a striking pivot from his traditional media undertakings, Trump Media has boldly announced its plan to raise $2.5 billion from institutional investors, aiming to secure one of the most substantial allocations of Bitcoin by a public corporation. While the announcement itself seems ambitious, the immediate reaction in the stock market was less forgiving—witness shares
Enterprise
As the geopolitical landscape grows increasingly contentious, China’s tech titans, Tencent and Baidu, are emerging as resilient players in the global artificial intelligence (AI) sector. This resilience is especially noteworthy given the U.S. government’s tightening grip on semiconductor exports, specifically targeting critical components produced by major firms like Nvidia and AMD. Far from succumbing to
This past Saturday, Elon Musk’s social media platform, X, faltered once again, resulting in widespread user dissatisfaction. With over 25,000 reports of outages hitting the platform, this incident raises serious questions about X’s operational reliability. According to Downdetector, the issues peaked shortly after 8:30 a.m. ET, with users expressing frustration as they found themselves cut
When President Donald Trump recently warned that Apple could face tariffs of 25% or more on iPhones manufactured outside the United States, he unveiled a dogged commitment to reshaping American manufacturing. The implications of his statement reverberate not just in boardrooms but also in consumer wallets. The potential for price hikes up to $3,500 for
In a world often characterized by the wild fluctuations of digital currencies like Bitcoin, Hong Kong’s legislative move to pass a stablecoin bill is not just notable; it’s revolutionary. Unlike cryptocurrencies that can swing wildly within hours, stablecoins offer a cushion, tethered securely to real-world assets such as fiat currencies or commodities. This new piece
In recent years, the national spotlight has been glaring on the issue of cargo theft, particularly as it affects corporate giants like Amazon. The revelation that a sophisticated Armenian organized crime ring managed to siphon off a staggering $83 million worth of merchandise over the span of a couple of years raises alarms not just
In a world rapidly advancing towards automation, Elon Musk has once again caught our attention with his announcement that Tesla will introduce robotaxis in Austin, Texas, by the end of June. As if flaunting the nuances of comprehensive technological supremacy, Musk confidently suggested that this robotaxi service could revolutionize urban transportation. However, beneath this audacious
In an era where digital interaction defines economic viability, Apple finds itself entrenched in a high-stakes skirmish with Epic Games over Fortnite’s return to the iOS ecosystem. This conflict isn’t merely an isolated squabble over one game but embodies a broader struggle concerning market monopolies and the ethical implications of tech giants controlling vast digital
The intersection of politics and cryptocurrency has never been more striking than in the lead-up to President Donald Trump’s exclusive dinner with the top $TRUMP meme coin holders. Scheduled for May 22 at his Virginia golf club, this gathering symbolizes the potent blend of celebrity culture, speculative finance, and the impermanence of digital assets. As
In a startling move, Tesla has updated its corporate bylaws to significantly bolster the protections for its board and executives, limiting the ability of shareholders to hold them accountable for breaches of fiduciary duty. As outlined in the recent filing, this change mandates that any shareholder or group of shareholders wishing to initiate a lawsuit