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Tech stocks are down 7% since Trump’s inauguration as trade war fuels uncertainty

Tech stocks are down 7% since Trump’s inauguration as trade war fuels uncertainty

CEO of Meta and Facebook Mark Zuckerberg, Lauren Sanchez, Amazon founder Jeff Bezos, Google CEO Sundar Pichai and Tesla and SpaceX CEO Elon Musk attend the inauguration ceremony before Donald Trump is sworn in as the 47th US President in the US Capitol Rotunda in Washington, DC, on Jan. 20, 2025. Saul Loeb | Via […]

Tech stocks are down 7% since Trump’s inauguration as trade war fuels uncertainty Read More »

Bitcoin erases all of its gain that followed Trump’s crypto reserve announcement

Bitcoin erases all of its gain that followed Trump’s crypto reserve announcement

The new Bitcoin token is photographed on U.S. $100 bills. Sopa Images | Lightrocket | Getty Images The price of bitcoin failed to recover the $85,000 level – where it traded before President Donald Trump’s announcement of a U.S. crypto reserve sent it soaring – after a sell-off driven by tariff concerns knocked it down.

Bitcoin erases all of its gain that followed Trump’s crypto reserve announcement Read More »

Tesla’s worst month since 2022 coincided with Elon Musk’s first full month in White House

Tesla’s worst month since 2022 coincided with Elon Musk’s first full month in White House

Leader of the Department of Government Efficiency Elon Musk wears a shirt that says “Tech Support” as he speaks during a cabinet meeting with US President Donald Trump at the White House in Washington, DC, on February 26, 2025.  Jim Watson | Afp | Getty Images Tesla’s stock started off March the way it left

Tesla’s worst month since 2022 coincided with Elon Musk’s first full month in White House Read More »

Pro-Trump techies enraged by president’s crypto reserve announcement, causing early rift

Pro-Trump techies enraged by president’s crypto reserve announcement, causing early rift

David Sacks, U.S. President Donald Trump’s “AI and Crypto Czar”, speaks to President Trump as he signs a series of executive orders in the Oval Office of the White House on Jan. 23, 2025 in Washington, DC. Anna Moneymaker | Getty Images The Trump-tech alliance is showing its first real sign of distress. And it’s

Pro-Trump techies enraged by president’s crypto reserve announcement, causing early rift Read More »

Smartphone startup Nothing tries to stir market out of ‘sea of sameness’ with 0 phone

Smartphone startup Nothing tries to stir market out of ‘sea of sameness’ with $400 phone

The Nothing Phone (3a). Nothing BARCELONA — British smartphone startup Nothing on Tuesday debuted a new handset it hopes can shake the mobile industry out of a perceived innovation slowdown. Nothing launched its new Phone (3a) device, a budget phone that comes with an unusual design featuring multiple different shapes and so-called “Glyph” lights on

Smartphone startup Nothing tries to stir market out of ‘sea of sameness’ with $400 phone Read More »

Asian tech stocks fall as Trump doubles down on tariffs, keeping investors on edge

Asian tech stocks fall as Trump doubles down on tariffs, keeping investors on edge

Employees move semiconductor testers on the assembly line of the Advantest Corp. plant in Ora, Japan on Aug. 10, 2012. Tomohiro Ohsumi | Bloomberg | Getty Images Asian tech and chip-related stocks fell Tuesday after U.S. President Donald Trump made it clear that tariffs on Mexico and Canada would go into effect as planned. Trump said the

Asian tech stocks fall as Trump doubles down on tariffs, keeping investors on edge Read More »

Taiwan Semiconductor to announce 0 billion investment in U.S. chip manufacturing plants

Taiwan Semiconductor to announce $100 billion investment in U.S. chip manufacturing plants

President Donald Trump is expected to announce a $100 billion investment from Taiwan Semiconductor Manufacturing to bolster chip manufacturing over the next four years in the U.S, NBC has learned. The Wall Street Journal first reported the news. TSMC, which supplies semiconductors to the likes of Nvidia and Apple for artificial intelligence use, would help

Taiwan Semiconductor to announce $100 billion investment in U.S. chip manufacturing plants Read More »

Ramp secures  billion valuation in deal allowing employees, investors to sell shares

Ramp secures $13 billion valuation in deal allowing employees, investors to sell shares

Eric Glyman and Karim Atiyeh, cofounders of corporate card startup Ramp Financial technology startup Ramp is letting some employees and early investors cash out in a new deal that values the company at $13 billion.  The New York company announced the $150 million deal Monday. Khosla Ventures, Thrive Capital and General Catalyst were among the

Ramp secures $13 billion valuation in deal allowing employees, investors to sell shares Read More »

Amazon to bring palm-scanning tech to NYU Langone Health facilities

Amazon to bring palm-scanning tech to NYU Langone Health facilities

Amazon is bringing its palm-scanning payment system to a Whole Foods store in Seattle, the first of many planned future locations to roll out the technology. Amazon Patients at NYU Langone Health facilities will soon be able to check in for appointments using Amazon’s palm-scanning technology, the company announced Monday. The contactless service, called Amazon

Amazon to bring palm-scanning tech to NYU Langone Health facilities Read More »

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