Finance News Archives | Page 60 Of 197

Chinese giant Xiaomi challenges Samsung with new smartphones and appliances

Xiaomi launched the Xiaomi 15T series of smartphones as it continues its global expansion. Xiaomi MUNICH — Xiaomi on Wednesday made the international debut of a slew of new devices and appliances with its smartphones at the center, as the Chinese tech giant sets out to directly challenge Samsung. The Beijing-headquartered company took the wraps […]

Chinese giant Xiaomi challenges Samsung with new smartphones and appliances Read More »

Nvidia’s investment in OpenAI will be in cash, and most will be used to lease Nvidia chips

Finance News

OpenAI CEO Sam Altman speaks to media following a Q&A at the OpenAI data center in Abilene, Texas, U.S., Sept. 23, 2025. Shelby Tauber | Reuters Nvidia’s massive investment in OpenAI, announced earlier this week, will put billions of Dollars into the coffers of the artificial intelligence startup to use as it sees fit. But

Nvidia’s investment in OpenAI will be in cash, and most will be used to lease Nvidia chips Read More »

Instagram now has 3 billion monthly active users

Finance News

Instagram has installed a new privacy setting which will default all new and existing underage accounts to an automatic private mode. Brandon Bell | Getty Images Instagram now has 3 billion monthly active users, Meta CEO Mark Zuckerberg said on his Instagram account on Wednesday. “What an incredible community we’ve built here,” Zuckerberg posted on

Instagram now has 3 billion monthly active users Read More »

Alibaba shares rise over 6% after CEO unveils plans to boost AI spending

Finance News

Alibaba‘s Hong Kong-listed shares surged on Wednesday to reach their highest point since 2021 after the company said it will invest more in artificial intelligence and rolled out new AI products and updates. Shares of the company jumped over 6%, while its total gains year to date rose above 107%. The tech giant plans to

Alibaba shares rise over 6% after CEO unveils plans to boost AI spending Read More »

Micron beats on earnings as company sales rise 46% on AI boom

Finance News

A person walks by a sign for Micron Technology headquarters in San Jose, California, on June 25, 2025. Justin Sullivan | Getty Images Micron reported better-than-expected earnings and revenue on Tuesday as well as a robust forecast for the current quarter. The stock rose in extended trading. Here’s how the company did in comparison with

Micron beats on earnings as company sales rise 46% on AI boom Read More »

Amazon to close all of its Fresh grocery stores in UK

Finance News

People walk past an Amazon Fresh store in Washington, DC, on August 26, 2021. Nicholas Kamm | AFP | Getty Images Amazon plans to close all of its Fresh supermarkets in the U.K., in the latest recalibration of its grocery strategy. The company said in a Tuesday blog that it’s preparing to close all 19

Amazon to close all of its Fresh grocery stores in UK Read More »

Amazon faces off against FTC over ‘deceptive’ Prime program

Finance News

Bloomberg | Bloomberg | Getty Images Amazon and the Federal Trade Commission are squaring off in a long-awaited trial over whether the company duped users into paying for Prime memberships. The lawsuit, filed by the FTC in June 2023 under the Biden administration, alleges that Amazon deceived tens of millions of customers into signing up

Amazon faces off against FTC over ‘deceptive’ Prime program Read More »

Startups and founders could be hardest hit by 0,000 H-1B visas

Startups and founders could be hardest hit by $100,000 H-1B visas

Finance News

U.S. President Donald Trump’s plans to place $100,000 fees on H-1B visa applications will disproportionately harm America’s startup space, founders and venture capitalists told CNBC this week. H-1B visas — which allow companies to temporarily hire foreign workers in skilled occupations such as IT, healthcare and engineering — were already difficult to secure for U.S. startups,

Startups and founders could be hardest hit by $100,000 H-1B visas Read More »

Nvidia and OpenAI’s 0-billion deal sparks global chip stock rally

Nvidia and OpenAI’s $100-billion deal sparks global chip stock rally

Finance News

Nurphoto | Nurphoto | Getty Images Major global semiconductor stocks rose on Tuesday after Nvidia announced plans to invest $100 billion in OpenAI. The deal between Nvidia and OpenAI is on a large scale. OpenAI plans to build and deploy Nvidia systems that require 10 gigawatts of power, which is equivalent to 4 million and 5

Nvidia and OpenAI’s $100-billion deal sparks global chip stock rally Read More »

India is betting billion to build a chip powerhouse. Here’s what it means

India is betting $18 billion to build a chip powerhouse. Here’s what it means

Finance News

A robotic machine manufactures a semiconductor chip at a stall to show investors during The Advantage Assam 2.0 Investment Summit in Guwahati, India, on Feb. 25, 2025. Nurphoto | Nurphoto | Getty Images India wants to become a global chip major, but the odds are steep: competition is fierce, and India is a late entrant

India is betting $18 billion to build a chip powerhouse. Here’s what it means Read More »

Chinese giant Xiaomi challenges Samsung with new smartphones and appliances

Alibaba shares rise over 6% after CEO unveils plans to boost AI spending

Micron beats on earnings as company sales rise 46% on AI boom

Amazon to close all of its Fresh grocery stores in UK

Amazon faces off against FTC over ‘deceptive’ Prime program

Startups and founders could be hardest hit by $100,000 H-1B visas

Nvidia and OpenAI’s $100-billion deal sparks global chip stock rally

India is betting $18 billion to build a chip powerhouse. Here’s what it means

Stay Connected

Subscribe

Finance News

Stay Connected

Subscribe

Don’t miss latest news!

Relax!

Put your feet up and let us do the hard work for you. Sign up to receive our latest news directly in your inbox.