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Democrats aim to turn Trump's tariffs against GOP in campaigns for governorDemocrats are making President Trump's tariffs a central theme in their election campaigns. They argue these levies have increased costs fo...- Who owns TikTok in the US now?Under the arrangement, non-Chinese investors will own about 80% of the American venture. ByteDance will keep 19.9% of it. The investors, wh...
- Microsoft president pushes Big Tech to 'pay our way' for AI data centres amid rising oppositionAs Big Tech expands into AI, it encounters significant pushback from communities worried about the impacts on local power grids and water s...
- Chip startup Groq’s Jonathan Ross will do ‘incredible things’ at Nvidia: Social Capital CEO Chamath PalihapitiyaChip giant Nvidia has acquired assets and talent from AI startup Groq for $20 billion. This deal brings Groq's specialized inference chip t...
- Private equity sees profits in power utilities as electric bills rise and Big Tech seeks more energyPrivate investment firms are pouring billions into US utilities as AI-driven data centers spike power demand. BlackRock, Blackstone, and ot...
- Passenger rail revival gains steam as Amtrak Borealis and Virginia services break ridership recordsAmtrak passenger rail is witnessing a revival as the Borealis route and Amtrak Virginia services report record-breaking ridership. With sta...
- Elon Musk thought he could break history. Instead it broke him.Elon Musk’s time working with the Trump administration has come to an end. Once seen as a bold and successful businessman, his actions upse...
- Fund managers boost exposure to bitcoin ETFs, quarterly US filings showAsset managers significantly increased their holdings in U.S. bitcoin ETFs in the fourth quarter of 2024 as bitcoin's price surged by 47%. ...
- More hedge funds buy Bitcoin ETFs on institutional demandHedge funds, pensions, and banks invested significantly in Bitcoin-focused ETFs as the asset gained mainstream acceptance with the help of ...
- US state pension fund makes $6.6 million bitcoin ETF investmentThe State of Michigan Retirement System invested $6.6 million in the ARK 21Shares Bitcoin ETF, as reported in a recent filing. This is the ...
- Anthony Scaramucci says bitcoin adoption is just getting started, will these defi coins follow?Anthony Scaramucci discusses Bitcoin adoption by US pension funds, expecting more funds to invest after Wisconsin's $100M crypto investment...
- US picks 31 regional hubs to spur tech innovation with $500 million corpusThe new programme aims to spread the benefits of tech sector growth beyond traditional hubs from California's Silicon Valley to Boston, sai...
- Apple’s iPhones can all be made outside of China if neededApple's manufacturing partner Foxconn is planning to begin mass production of iPhones at a facility in Chennai.
- Foxconn says all US iPhones could be made outside China if neededChina is a crucial cog in Apple’s business, the origin of most of its iPhones and iPads as well as its largest international market.
- MakeMyTrip's Amit Somani joins AngelPrimeShripati Acharya, managing partner, AngelPrime commented, “Amit Somani is one of the best product minds in India”.
- Secret's out: Victoria's, other US biggies court Bangalore techLimited Brands, makers of Victoria's Secret lingerie, is establishing its first-ever global in-house centre (GIC) in Bangalore.
- Exim bank cowed by lobbying on Reliance project: Environment groupsUS Environmentalist groups have charged the US Export Import Bank of succumbing to intense lobbying after the bank early this month approve...
- ADAG commits to green energy for US Exim financeAnil Ambani has committed to invest in green energy and source the technology from the US, a move that helped the US Exim Bank change its m...
- Citi board may choose new CEO this weekThe board is under pressure to find a candidate who will reverse the bank’s sliding stock price and stem losses from mortgage holdings.
- Deven Sharma to head S&P, Corbet quitsThe tough job of protecting the credibility of the world’s largest rating agency Standard & Poor’s, bitterly criticised for having let the ...
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