Tasos Katopodis/Getty Images Aside from the steep monetary value, these shakedowns have also made media companies more adverse to reporting criticism of the president and his administration’s actions. Next came universities: Long the foundation of America’s scientific and technological supremacy, Trump cut off federal research funding for major universities in order to force them to…
Economist Peter Schiff warned Thursday of a severe bear market for Michael Saylor-led Strategy Inc. (NASDAQ: MSTR) and companies mimicking its Bitcoin (CRYPTO: BTC) treasury play. In an X post, Schiff questioned the viability of companies with large Bitcoin reserves. “While so many companies have been busy copying Saylor’s harebrained business strategy, few have noticed that MSTR…
Australia’s mobile app market is experiencing unprecedented growth, driven by increasing demand from startups, SMEs, and large enterprises seeking digital transformation. Businesses are leveraging mobile applications to streamline operations, enhance customer engagement, and optimize service delivery across industries such as fintech, healthcare, logistics, and e-commerce. Selecting the right development partner is crucial, as it impacts…
The step underscores how billionaire families are shifting from traditional, tightly held operations to corporate-style investment and philanthropy management structures. Amazon founder Jeff Bezos’ father, Mike Bezos, is moving to institutionalize the management of the family’s vast wealth by hiring a Chief Executive Officer (CEO) for their family office, Aurora Borealis, according to a report…
Jeff Bezos on His Paycheck: ‘I’m Proud of It’ — Here’s What He Made at Amazon As CEO (File Photo) Amazon founder Jeff Bezos has revealed that during his tenure as chief executive he deliberately avoided taking additional compensation, including stock grants and bonuses, despite leading one of the world’s most valuable companies. Speaking at…
Those data centers will be powered by Nvidia chips and the company said it would ship up to 120,000 advanced GPUs to British data centers in total, funded by investments from Microsoft, Nscale, OpenAI and CoreWeave. Around half of those GPUs will go to British data center firm Nscale, which is partnering with Microsoft to…
The surprisingly candid comments contradict the stance of European Commission President Ursula von der Leyen, who has insisted the unbalanced pact, which set a 15 percent base tariff on European exports, had nothing to do with maintaining U.S. President Donald Trump’s support for Ukraine. “There is no linkage between the two,” von der Leyen said during…
Intel posted details of the plan soon afterward, saying the administration would make an $8.9 billion investment in Intel common stock, paid for with the CHIPS grant money. The company said the stake would be funded with $5.7 billion in grants previously awarded but not yet paid, and $3.2 billion from a separate Defense Department program. It said…
CoreWeave, Inc. (NASDAQ:CRWV) is one of the Must-Watch AI Stocks on Wall Street. On August 13, Citizens JMP analyst Greg Miller reiterated a Market Perform rating on the stock without a price target. The rating affirmation reflects CoreWeave’s stronger-than-expected results and positively revised outlook. JMP has noted how CoreWeave encompasses a business model that enables…
In fairness, the U.K. government did demand Apple grant it a backdoor to access user data, teeing up an almighty fight with the U.S. And its online safety laws have tried to rein in tech giants with new rules forcing them to police “harmful” content – much to the annoyance of some U.S. lawmakers. Still,…