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Trump likely to uphold CHIPS Act despite his campaign rhetoric, experts say

Trump likely to uphold CHIPS Act despite his campaign rhetoric, experts say

Illustration of the China and U.S. flag on a central processing unit. Blackdovfx | Istock | Getty Images President-elect Donald Trump is unlikely to roll back the Biden administration’s CHIPS and Science Act, despite his campaign rhetoric on the bill, experts say.  The legislation, which provides incentives for chipmakers to set up manufacturing in the

Trump likely to uphold CHIPS Act despite his campaign rhetoric, experts say Read More »

Jeff Bezos, Sam Altman, Tim Cook and other tech leaders congratulate Trump on election win

Jeff Bezos, Sam Altman, Tim Cook and other tech leaders congratulate Trump on election win

Leaders of major technology companies congratulated President-elect Donald Trump and Vice President-elect JD Vance on their victory in the U.S. presidential election Wednesday. The messages were similar, with CEOs remarking that they wish Trump success when he returns to the Oval Office, and look forward to working with his administration. Amazon founder and executive chairman

Jeff Bezos, Sam Altman, Tim Cook and other tech leaders congratulate Trump on election win Read More »

Super Micro shares plummet 22% after financial update heightens investor concerns

Super Micro shares plummet 22% after financial update heightens investor concerns

Charles Liang, chief executive officer of Super Micro Computer Inc., during the Computex conference in Taipei, Taiwan, on Wednesday, June 5, 2024. The trade show runs through June 7.  Annabelle Chih | Bloomberg | Getty Images Super Micro shares plunged 22% on Wednesday to their lowest level since May of last year after the embattled

Super Micro shares plummet 22% after financial update heightens investor concerns Read More »

Crypto’s 5 million campaign finance operation filled airwaves with ads not about crypto

Crypto’s $245 million campaign finance operation filled airwaves with ads not about crypto

Stand With Crypto’s bus tour through five battleground states kicked off last week in Phoenix and Las Vegas. Logan Dobson/Stand With Crypto Alliance LAS VEGAS — In Nevada’s 4th Congressional District, a crypto PAC spent nearly $2 million on ads this cycle to support the reelection of Steven Horsford, a Democratic congressman who’s voted in

Crypto’s $245 million campaign finance operation filled airwaves with ads not about crypto Read More »

Trump claims presidential win. Here is what he promised the crypto industry ahead of the election

Trump claims presidential win. Here is what he promised the crypto industry ahead of the election

Former President Donald Trump arrives for his campaign rally at the Trump National Doral Golf Club in Doral, Florida, on July 9, 2024. Joe Raedle | Getty Images News | Getty Images As Donald Trump celebrated his prospective victory on Election Night at Mar-a-Lago, he was joined by a roster of high-profile supporters. Among them

Trump claims presidential win. Here is what he promised the crypto industry ahead of the election Read More »

Nintendo jumps 6% as it says current Switch games will be playable on the console’s successor

Nintendo jumps 6% as it says current Switch games will be playable on the console’s successor

The Nintendo Switch game console store in Shanghai, Feb 25, 2024.  Cfoto | Future Publishing | Getty Images Nintendo on Wednesday said it will allow current Switch games to be played on the hit console’s successor as it looks to drum up excitement among its current user base for the highly-anticipated device. Shares of Nintendo

Nintendo jumps 6% as it says current Switch games will be playable on the console’s successor Read More »

British fintech firm Wise posts 55% jump in profit on expanding market share

British fintech firm Wise posts 55% jump in profit on expanding market share

The Wise logo displayed on a smartphone screen. Pavlo Gonchar | SOPA Images | LightRocket via Getty Images Wise posted a 55% jump in profit in the first half of its 2025 fiscal year Wednesday, citing customer growth and expanding market share. The British digital payments firm said that its first-half profit totalled £217.3 million,

British fintech firm Wise posts 55% jump in profit on expanding market share Read More »

Bitcoiners celebrate as  million campaign brings down Ohio Sen. Sherrod Brown

Bitcoiners celebrate as $40 million campaign brings down Ohio Sen. Sherrod Brown

Crypto fans are celebrating the results of the Ohio Senate race, where blockchain entrepreneur Bernie Moreno has defeated Senate Banking Chair Sherrod Brown, a three-term incumbent, in a contest that was key in the battle for control of the U.S. Senate. Some $40 million of crypto money was directed at defeating Brown, with one PAC

Bitcoiners celebrate as $40 million campaign brings down Ohio Sen. Sherrod Brown Read More »

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