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Business

Nvidia faces class-action lawsuit over Huang's ties to Chinese operative

Nvidia and CEO Jensen Huang are facing a class-action lawsuit for allegedly misleading investors about Huang's ties to a suspected Chinese intelligence operative, potentially impacting the company's valuation...

France 24 · 4 days ago · 2 min read

Business

Apple saves $5 billion in taxes by shifting revenue to Singapore, Ireland

Apple saved over $5 billion in taxes in 2026 by shifting $30 billion in revenue through subsidiaries in Singapore and Ireland, utilizing low corporate tax rates. This tax strategy highlights ongoing loopholes...

9to5Mac · 4 days ago · 2 min read

Business

Formation Securities to launch Solana stock trading venue by 2027

Formation Securities plans to launch a 24/7 trading venue for tokenized stocks on the Solana blockchain by early 2027, utilizing an SEC exemption to bypass traditional registration processes. This initiative...

CoinTelegraph · 4 days ago · 2 min read

Business

Miatta Fahnbulleh prioritizes affordable energy amid electricity price hikes in January

Energy Secretary Miatta Fahnbulleh emphasized that making energy affordable is her top priority, as UK households face significant electricity price increases in January. She believes that investing in...

BBC Politics · 4 days ago · 2 min read

Business

Binance reimburses users $6.3 billion, analysts predict stable crypto market

Binance will fully reimburse users for the $6.3 billion hack, using its emergency insurance fund to prevent wider market disruption. Analysts believe this swift action will restore investor confidence and...

CoinTelegraph · 4 days ago · 2 min read

Business

China's producer prices rise 5.7% in October, consumer inflation slows to 0.7%

China's producer price index rose 5.7% in October, marking its highest increase since June 2022, driven by mining and raw materials amid recovering global demand. However, consumer inflation slowed to 0.7%...

CNBC Economy · 5 days ago · 1 min read

Business

Nvidia investigates CEO Jensen Huang's ties to alleged Chinese spy

Nvidia's board is launching an independent investigation into CEO Jensen Huang's potential ties to Alice Huang, who is alleged to have been recruited by Chinese intelligence to spy on the company. This inquiry...

The Verge · 5 days ago · 2 min read

Business

Kaiser Ng resigns as Binance CFO; Justin Yek appointed successor

Binance's CFO Kaiser Ng is leaving the company, with Justin Yek taking over amid ongoing regulatory scrutiny. This leadership change is crucial as Binance navigates investigations into its compliance...

CoinTelegraph · 6 days ago · 2 min read

Business

AI chip stocks recover after selloff, but experts warn of risks

AI chip stocks rebounded on Friday after a significant selloff, providing temporary relief to investors amid ongoing concerns about global politics and rising debt. Experts warn that this recovery may be...

Decrypt · 6 days ago · 1 min read

Business

Reuters survey reveals 10% use AI chatbots for news weekly

A Reuters survey shows that 10% of people now use AI chatbots for news weekly, raising concerns among publishers about lost ad revenue as AI tools bypass original reporting. Media companies are advocating for...

DW World · 6 days ago · 2 min read

Business

Arm Holdings reports $1.2 billion in royalty revenue, misses analyst expectations

Arm Holdings reported $1.2 billion in royalty revenue for its fiscal second quarter, a 12% increase, but below the $1.3 billion analysts expected. This slower growth raises concerns about the company's future...

Nasdaq News · 7 days ago · 1 min read

Business

Dana Incorporated raises full-year sales outlook to $7.8 billion

Dana Incorporated has raised its full-year sales outlook to $7.8 billion due to strong performance in automotive and industrial sectors, especially in electric vehicle components. This positive adjustment...

Nasdaq News · 7 days ago · 1 min read

Business

Democrats' midterm victories trigger selloff in AI tech stocks

US tech stocks, particularly AI-linked companies, fell sharply after the Democrats gained control of Congress, raising fears of stricter regulations on data centres crucial for AI development. This sell-off...

BBC Business · 7 days ago · 2 min read

Business

Thailand's SEC blocks Bitget acquisition over compliance issues

Thailand's SEC is blocking the acquisition of local cryptocurrency exchange Bitget due to compliance concerns, highlighting increased regulatory scrutiny in the crypto market. This decision may deter foreign...

CoinDesk · 7 days ago · 1 min read

Business

Tesla halts Cybertruck production in Texas to prioritize Cybercab development

Tesla will wind down Cybertruck production at its Texas Gigafactory by mid-2027 to focus on the new Cybercab, an autonomous robotaxi. This decision raises uncertainty about the Cybertruck’s future, which has...

Engadget · 7 days ago · 1 min read

Business

Asian tech stocks drop sharply after US midterm election results

Asian tech stocks fell sharply due to fears of tighter AI regulations following strong Democratic midterm election results. Investors are concerned that new restrictions on data center development could hinder...

France 24 · 8 days ago · 2 min read

Business

Salon.com closes cultural site after 31 years amid revenue decline

Salon.com will shut down its cultural and political website after 31 years due to declining revenue and challenges faced by legacy digital publishers. The closure, effective in early December, highlights the...

Variety · 8 days ago · 2 min read

Business

Apple bids for Formula 1 streaming rights in new countries, CEO announces

Apple plans to bid for Formula 1 streaming rights in more countries, following its successful U.S. debut as the exclusive broadcaster. This expansion could increase F1's global audience and attract more...

9to5Mac · 8 days ago · 1 min read

Business

Xyra Group bids £12.5 million to rescue Poundland, saving 12,000 jobs

Xyra Group has made a rescue bid for Poundland, offering to pay £12.5 million of its £30 million loan, amid concerns about the retailer's potential collapse and the risk to 12,000 jobs. This bid follows the...

BBC Business · 9 days ago · 2 min read

Business

Udemy offers 20% discount on all courses with promo code in November 2026

Udemy is offering a 20% discount on all courses throughout November 2026, benefiting both new and existing users with a specific promo code. This promotion addresses the increased demand for affordable online...

Wired · 9 days ago · 1 min read