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Samsung’s chip division underwhelms in costly AI memory race

Samsung Electronics Co.’s pivotal chip division reported a smaller-than-expected profit as the company fights to close the gap on archrival SK Hynix Inc. in the artificial intell...

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DeepSeek’s CEO came out of nowhere to challenge Jensen Huang and Sam Altman. The overnight success is powered by Gen Z new hires

DeepSeek’s sudden rise to the top of the AI food chain—and Apple’s app store, leaving rival ChatGPT in the dust—came as a surprise to many. The company’s secret sauce may...

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The Social Security Administration’s new boss is an unmatched operator—and now the second biggest business figure in Trump-land

The “Mr. Musk Goes to Washington” spectacle is a headline-hogging mega-story, but you’ve probably never heard of the second-biggest business figure slated to serve in the Tr...

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Meta will pay $25 million to settle Trump lawsuit over its suspension of his accounts after Jan. 6 Capitol attack

Meta has agreed to pay $25 million to settle a lawsuit filed by President Donald Trump against the company after it suspended his accounts following the Jan. 6, 2021, attack on...

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Deutsche Bank shares drop after quarterly profit falls, cost target scrapped.

Germany’s largest lender Deutsche Bank on Thursday reported weaker-than-expected profit that fell sharply in the last three months of 2024, as legal provisions weighed on the b...

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World’s largest sovereign wealth fund reports record $222 billion annual profit on tech rally.

Norway’s sovereign wealth fund — the largest of its kind in the world — posted full-year profit of 2.5 trillion kroner ($222.4 billion) on Wednesday, fueled by a tech rally...

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Italy briefly blocked ChatGPT over privacy concerns. The nation’s watchdog now has questions for DeepSeek

Italy’s Data Protection Agency, which briefly blocked ChatGPT in 2023, has raised questions about the use of personal data by the AI chatbot of Chinese startup DeepSeek. “The a...

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The biggest Fed change investors will see coming.

Federal Reserve policy enters 2025 wrestling with two key questions — how much further will the Fed cut rates and how will the central bank navigate a new fiscal environment give...

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Norway $1.8 trillion fund ended 2024 with tech-heavy top ten.

Norway’s $1.8 trillion wealth fund ended 2024 with a tech-heavy top ten, just as the success of the artificial intelligence model developed by Chinese startup DeepSeek raises the...

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Czech central bank chief wants the country to buy billions of dollars in Bitcoin as he claims Trump ‘guys’ have created a bubble.

The boss of the Czech Republic’s central bank wants to pump billions of euros of the country’s reserves into Bitcoin, a landmark move that would likely upset fellow European ce...

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Recent Posts

  • SK Group proposes $10 billion in LNG investments across Vietnam.
  • Shell Set to Add 12 Million Tons of LNG Capacity by 2030.
  • US and China agree framework deal to extend trade war truce
  • Russia says plan to boost role in Africa includes ‘sensitive’ security ties.
  • The US has $36 trillion in debt. What does that mean, and who owns it?

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