Blockchain

articles

Blockchain

Indonesia Introduces New Tax Rules for Crypto Marketplaces

Updated regulations aim to formalize digital asset trading and boost compliance

SEC Faces Critical Regulatory Crossroads as Crypto Market Matures

Balancing innovation and oversight becomes the defining challenge for America’s top financial watchdog

Amazon Restructures Audio Division, Lays Off Over 100 Employees at Wondery as CEO Steps Down

Strategic reorganization aims to integrate Wondery more closely with Audible amid evolving podcast and audio content landscape

Influential Tesla Analyst Adam Jonas Shifts Focus to AI at Morgan Stanley

After nearly three decades covering autos, Jonas moves into a high-impact role focused on physical and embodied artificial intelligence technologies

Hims & Hers Shares Slide 10% After Q2 Revenue Miss Despite Strong Profit Growth

Telehealth company’s stock tumbles as revenue falls short of expectations; controversy over compounded weight-loss drugs continues to cloud outlook

Palantir Shatters Revenue Milestone with $1 Billion Quarter, Lifts Full-Year Outlook

Surging AI demand and government contracts drive Palantir’s record-breaking growth as it joins the elite ranks of top U.S. tech firms

Berkshire Hathaway Reports 4% Dip in Q2 Operating Earnings Amid Tariff Headwinds

As Warren Buffett prepares for leadership transition, the conglomerate braces for global trade volatility and tariff-related risks impacting key business units and investments.

JFK’s $9.5 Billion International Terminal Nears Completion — A New Era of Air Travel Begins in 2026

The largest terminal at JFK Airport is set to transform international travel with advanced infrastructure, smart design, and next-gen sustainability — just in time for the 2026 World Cup.

Florida Overtakes California in Solar Energy Expansion — Without Climate Policy Support

Utility-led solar growth, cost advantages, and microgrid innovation are transforming Florida into a clean energy powerhouse—even as state and federal policy shifts raise new hurdles.

Asia Embraces Stablecoins as Crypto Payments Gain Ground in Global Trade

With faster transactions and lower fees than traditional banking, stablecoins are reshaping cross-border payments—especially between Asia and the U.S.

From TikTok to AI Filmmaking: Chinese Tech Firms Push the Boundaries of Video Generation

China’s top tech players are leading the charge in generative video AI, transforming how digital content is created, monetized, and consumed—both at home and abroad.

BYD’s Winning Streak Ends: July EV Deliveries Slide Amid Intensifying Price War in China

As China’s EV industry enters a new phase of fierce price competition, major players like BYD, Li Auto, and Nio struggle to maintain delivery growth—while Xpeng, Xiaomi, and Leapmotor defy the trend.

Walmart Executive Reveals the Biggest Employee Red Flag That Could Ruin Your Career

Constant negativity and lack of problem-solving skills can severely limit career growth, says Walmart’s EVP of People.

Figma Skyrockets in NYSE Debut, Surging Over 250% After Pricing IPO at $33

The design software innovator’s market value jumps to nearly $68 billion, signaling renewed momentum in the tech IPO market after years of slowdown.

Reddit Stock Soars 20% After Massive Q2 Earnings Beat

Strong user growth, expanding AI tools, and surging ad revenue fuel optimism for Q3 and beyond

Amazon Web Services Delivers $30.9 Billion in Q2 Revenue, But Faces Mounting Cloud Competition

AWS posts 18% growth as cloud wars intensify with Microsoft and Google’s AI-powered surge

Tesla on Trial: Plaintiffs Seek $345 Million Over Deadly Florida Autopilot Crash

Landmark federal case raises questions about Tesla’s driver-assistance tech, marketing practices, and safety accountability

From Viral Clips to Virtual Creators: How Chinese Companies Are Pushing AI Video Generation Global

TikTok reshaped entertainment. Now, China's tech giants are building the future of AI-generated video — with billions of data points, aggressive monetization, and global ambitions.

Foxconn Enters $1 Trillion AI Data Center Market Through Strategic Alliance with TECO

The Apple supplier takes a 10% stake in TECO Electric, aiming to become a one-stop solution for global AI data center infrastructure across Asia, the U.S., and the Middle East.

Meta’s Reality Labs Posts $4.53 Billion Q2 Loss Despite Smart Glasses Growth

While Meta's metaverse division continues to burn cash on virtual and augmented reality development, a surge in Ray-Ban smart glasses sales offers a rare bright spot.

Arm Shares Slide After Smartphone Royalties Disappoint, Revenue Misses Expectations

Despite meeting earnings forecasts, Arm’s weak royalty growth and cautious outlook spooked investors; CEO hints at potential chip design pivot, raising competitive concerns.

Samsung’s Quarterly Profit Plunges Over 50% as Chip Division Suffers a 94% Collapse

Despite modest revenue growth, the South Korean tech giant grapples with weakening semiconductor demand, rising competition in AI memory chips, and high-cost foundry expansion.

Elon Musk’s Tunnel Ambitions in Nashville Ignite Political Clash and Public Backlash

The Boring Company’s 10-mile “Music City Loop” project faces mounting opposition over transparency, environmental concerns, and a controversial no-cost land deal amid growing partisan tensions.

United Airlines Flight Attendants Reject Contract Offering Immediate 26%+ Pay Raise

Despite significant proposed wage increases and quality-of-life improvements, 71% of United flight attendants vote down tentative labor deal, signaling ongoing tensions.

U.S.-China Trade Talks Conclude Without Tariff Truce Extension; Trump to Decide Next Steps

After third high-level meeting in Stockholm, tariff pause faces uncertainty as President Trump weighs approval amid ongoing trade tensions.

Nike’s North America Women’s Business Chief Departs for Athleta CEO Role

Maggie Gauger leaves Nike after 20+ years to lead Athleta amid brand’s leadership turnover and sales challenges.

Starbucks Reports Sixth Straight Sales Drop, But CEO Says Turnaround Gaining Momentum

Despite another quarterly dip in same-store sales, Starbucks beats revenue expectations and rolls out bold recovery initiatives under CEO Brian Niccol’s leadership.

Trump Alleges Epstein ‘Stole’ Virginia Giuffre from Mar-a-Lago Spa, Defends Defamation Lawsuit Over WSJ Story

In a wide-ranging statement, Trump claims Epstein recruited Giuffre while she worked at his Florida resort and says Rupert Murdoch’s team wants to settle a $10 billion defamation lawsuit related to Epstein coverage.

Google Pushes for AI-First Workforce Amid Massive Spending and Rising Competitive Pressure

As Alphabet ramps up its $85 billion investment plan for 2025, Google execs urge employees to adopt AI tools aggressively, streamline productivity, and adapt to a leaner, more tech-driven work culture.

LG Energy Inks $4.3 Billion Battery Deal with Secretive Partner Amid U.S. Expansion Plans

South Korea’s battery giant LG Energy Solution signs a multi-billion-dollar contract with an undisclosed client—rumored to be Tesla—as it ramps up U.S. production and navigates market uncertainty.

China Proposes Global AI Governance Framework as U.S. Pursues Tech Dominance Alone

Amid escalating trade tensions and rapid advancements in artificial intelligence, Beijing pushes for international cooperation on AI regulation while Washington doubles down on unilateral control.

Chipotle Accelerates Hiring by 75% with AI-Powered Chatbot “Ava Cado”

The fast-casual giant leverages conversational AI to streamline recruitment, boost applicant engagement, and reduce time-to-hire amid rapid expansion.

China’s Z.ai Unveils GLM-4.5 AI Model: Cheaper and More Efficient Than DeepSeek

Z.ai’s new open-source AI claims significantly lower operating costs and enhanced “agentic” capabilities, marking a major leap in China’s AI technology race.

Ray-Ban Meta Smart Glasses Drive Triple-Digit Growth, Boosting EssilorLuxottica's Sales

Surging demand for AI-integrated eyewear fuels a 7.3% revenue jump as EssilorLuxottica pushes deeper into wearable tech with Meta and upcoming Prada-branded products.

Waymo to Launch Driverless Robotaxi Service in Dallas by 2026

The Alphabet-owned company partners with Avis to expand its autonomous vehicle operations, targeting major U.S. cities as the race for robotaxi dominance heats up.

Singapore Airlines Shares Sink Over 8% Amid Steep Drop in Q1 Profits

Weak earnings, Air India losses, and rising operating costs weigh heavily on the airline’s performance and investor confidence.

‘Quishing’ Scams Explode as Millions of Americans Fall Victim to Malicious QR Code Attacks

With 73% of Americans scanning QR codes without verifying them, cybercriminals are increasingly exploiting this trusted technology to steal data and spread malware, sparking urgent warnings from cybersecurity experts and government agencies.

Marvel’s ‘Fantastic Four: First Steps’ Launches With $118 Million U.S. Debut, $218 Million Worldwide

The long-awaited return of Marvel’s First Family marks a turning point for the studio, as fans embrace the latest film with strong box office numbers and glowing reviews.

‘Superman’ and ‘F1’ Shatter $500 Million Milestone at Global Box Office

Warner Bros. Discovery scores big as DC’s latest superhero reboot and Apple’s motorsport drama both surge past the half-billion-dollar mark worldwide.

Elon Musk Reveals Tesla’s $16.5 Billion Semiconductor Deal with Samsung to Power Next-Gen AI Chips

Tesla partners with Samsung Electronics in a decade-long chip supply agreement, marking a major shift in the global semiconductor race as AI hardware demand accelerates.

Massie Warns GOP Risks Losing Voter Trust if Epstein Files Vote Is Blocked

A bipartisan push to release Jeffrey Epstein’s files is facing internal GOP resistance—Rep. Thomas Massie says failure to act could cost Republicans control of the House in 2026.

UK Supreme Court Overturns Former Citi Trader Tom Hayes’ Libor Rigging Conviction

After nearly a decade of legal battles, Tom Hayes and fellow trader Carlo Palombo have had their criminal convictions quashed over interest rate manipulation charges, reshaping the legacy of the Libor scandal.

Apple Unveils Public Beta of iOS 26, Marking the Most Significant iPhone Redesign in Over a Decade

With a sleek new “Liquid Glass” interface, advanced AI features, and improved call management, iOS 26 represents Apple’s boldest software leap since iOS 7 in 2013.

Microsoft CEO Satya Nadella Says Mass Layoffs Have Been “Personally Difficult” Amid AI Transformation

With over 15,000 jobs cut in 2025 alone, Nadella opens up about the emotional toll of restructuring and how Microsoft is shifting its mission in the age of artificial intelligence.

Intel Surpasses Revenue Estimates, Slashes Foundry Spending as CEO Declares “No More Blank Checks”

After a historic stock plunge in 2024, Intel's new CEO Lip-Bu Tan is implementing sweeping cost-cutting measures, including layoffs, facility cancellations, and tighter investment oversight to restore profitability.

Starlink Suffers Major Outage Just Hours After T-Mobile Launches Satellite-Powered T-Satellite Service

Over 60,000 users reported disruptions as Elon Musk’s satellite internet network experienced a 2.5-hour blackout during a critical public rollout of its direct-to-phone service.

Astronomer’s HR Chief Kristin Cabot Steps Down After Viral Coldplay Concert Scandal

The resignation follows CEO Andy Byron’s departure amid online uproar over their appearance on a concert 'kiss cam,' raising questions about workplace ethics and leadership accountability.

FCC Greenlights $8.4 Billion Paramount-Skydance Mega Merger

The merger marks a major shift in the U.S. media landscape, combining iconic networks like CBS and Nickelodeon under Skydance Media, and raising political and cultural questions along the way.

IBM Shares Slip Despite Strong Earnings; Software Revenue Slightly Misses Expectations

Solid overall results and raised free cash flow forecast contrast with a modest shortfall in software segment performance.

Federal Judge Blocks Trump Administration’s Attempt to Unseal Jeffrey Epstein Grand Jury Transcripts in Florida

The court ruled it lacks authority under current law, rejecting DOJ efforts tied to the high-profile sex crimes case.

Uber Unveils Gender Preference Feature to Boost Safety and Comfort for Women Riders and Drivers

New feature rolling out in Los Angeles, San Francisco, and Detroit will allow women to opt for female-only matches when riding or driving.

Macron and Wife File Defamation Lawsuit Against Candace Owens Over False Transgender Claim

French President Emmanuel Macron and Brigitte Macron seek damages, alleging right-wing commentator Candace Owens knowingly spread malicious falsehoods for personal gain.

Trump Briefed on His Name in Epstein Files Weeks Before DOJ Withheld Public Release

Internal memos reveal former President Trump was informed in May about multiple references to him in DOJ’s Epstein records before the agency reversed course on public disclosure.

Southwest Airlines Profit Falls 42%, but Carrier Says Travel Demand Is Stabilizing

Despite missing earnings expectations, Southwest points to recovering travel trends and unveils a $2 billion share buyback amid shifts to its business model.

Google Boosts 2025 Capital Spending to $85 Billion Amid Soaring AI and Cloud Demand

Alphabet hikes investment by $10 billion as cloud service backlog reaches $106 billion, signaling rapid infrastructure expansion to support AI growth.

OpenAI CEO Sam Altman Warns of an Imminent AI-Driven Fraud Crisis

As AI technologies advance, Altman highlights escalating risks of impersonation scams and calls for urgent measures to safeguard financial and societal systems

Hershey Announces Significant Price Increase for Chocolate Products Amid Soaring Cocoa Costs

Facing a surge in global cocoa prices driven by climate impacts, Hershey prepares to raise prices on iconic treats like Kit Kat and Reese’s, while also adjusting package sizes

New Jersey Man Admits Role in $600 Million Catalytic Converter Theft Scheme in Federal Court

Navin Khanna pleads guilty to leading a multi-state operation trafficking stolen auto parts and laundering millions through luxury assets and refinery deals

Jeff Bezos Meets with Trump at White House Amid Shifting Tech Alliances and Space Rivalry

The Amazon founder reportedly discussed government contracts and tech policy with President Trump, signaling a growing divide between Bezos and Elon Musk

Asian Allies Rush to Aid Bangladesh Jet Crash Victims

India, China, Japan, and Singapore mobilize medical teams and emergency resources to support treatment of victims injured in Uttara air force training jet crash

Pepsi Launches Prebiotic Cola Just Months After $2 Billion Poppi Acquisition

The beverage giant bets on gut health trends with a fiber-rich cola as soda consumption declines in the U.S.

Microsoft SharePoint Under Active Cyberattack, Putting Global Enterprises and Governments at Risk

A critical vulnerability in on-premises SharePoint servers has exposed thousands of organizations to code execution and data theft, with U.S. officials warning of widespread impact.

Hunter Biden Says Ambien Played Role in President Biden’s Debate Struggles Against Trump

In a revealing new interview, Hunter Biden claims prescription sleep aids contributed to his father’s faltering performance in the 2024 debate, amid scrutiny over the former president’s mental fitness.

Trump’s $10 Billion Libel Case Against Murdoch Lands With Same Judge From Dropped Cohen Lawsuit

Federal Judge Darrin Gayles, previously assigned to Trump’s failed $500M suit against Michael Cohen, will now oversee the high-stakes media defamation battle.

GM gears up to report quarterly results as tariff costs weigh on guidance and EV plans face consumer headwinds amid tax credit changes.

Jeffrey Epstein Media Surge: Book Sales and Streaming Spike After Trump Declares Case Closed

Public interest in Epstein resurges as old investigations are halted, fueling a boom in book sales, documentary views, and viral online content.

Astronomer CEO Andy Byron Steps Down After Viral Coldplay ‘Kiss Cam’ Scandal Sparks Internal Investigation

The resignation follows public backlash and a formal probe into the CEO’s conduct after a video showed an intimate moment with the firm’s HR chief during a Coldplay concert.

AI’s Silent Takeover: How Automation Is Reshaping the Workforce Behind Closed Doors

Companies are quietly replacing employees with artificial intelligence, using vague terms like "restructuring" to mask the true extent of AI-driven job cuts—even as experts warn the trend is accelerating.

China’s Price Wars Are Reshaping the Market—but Consumers May Pay the Hidden Costs

From electric vehicles to bubble tea, China’s cutthroat pricing strategy is driving short-term deals but raising long-term concerns over quality, wages, and the broader economy.

From Telecom Giant to AI Powerhouse: How Huawei Is Building China’s All-in-One Tech Empire

Despite years of U.S. sanctions, Huawei is emerging as China’s leading force in AI by developing its own chips, data centers, and industry-specific AI applications—challenging American dominance across the board.

Meta and Google Expand Global Reach with Ambitious Subsea Cable Networks

Tech giants race to deploy thousands of kilometers of underwater cables to meet surging internet demand and connect continents like never before.

Novartis Banks on Kisqali to Lead Its Oncology Future Amid Surging Sales

As Entresto approaches patent expiration, Novartis shifts focus to high-growth cancer therapies and boosts investor confidence with $10B buyback.

European Firms Shift Focus as EU Boosts Military Spending

With defense budgets surging across Europe, companies are racing to secure their place in the continent’s growing security and defense industry.

Japan’s Inflation Eases in June, But Economic Risks Loom Ahead

Cooling rice prices and energy subsidies help temper inflation, yet currency weakness, tariffs, and political uncertainty cast a shadow on Japan’s economic outlook.

Brunello Cucinelli Defies Tariff Pressures with Double-Digit Sales Growth

Italian luxury fashion house beats forecasts with 10.7% sales jump, banking on ultra-wealthy consumers to weather global economic headwinds.

Neuralink Filed as ‘Disadvantaged Business’ Weeks Before $9 Billion Valuation

Elon Musk’s brain-tech firm claimed small business status amid federal funding reforms, sparking questions over eligibility and ethics.

Trump Orders Push for Epstein Grand Jury Records to Be Unsealed

Attorney General Pam Bondi vows immediate legal action as calls intensify across party lines for full transparency in the Epstein case.

Scale AI Slashes 14% of Workforce Weeks After Meta's $14.3B Investment and Founder’s Departure

Despite Meta’s major backing and hiring of founder Alexandr Wang, Scale AI cuts 200 jobs and restructures amid rapid AI expansion and shifting customer dynamics.

United Airlines Lowers Full-Year Forecast but Sees Brighter Skies Ahead

CEO Scott Kirby says global uncertainty is easing as United adjusts earnings outlook, navigates Newark disruptions, and banks on a strong year-end travel rebound.

Seven & i Shares Sink Over 7% After Couche-Tard Abandons $47 Billion Takeover Plan

The collapse of the high-profile bid highlights Japan’s cautious stance on foreign acquisitions and deepens investor uncertainty around Seven & i's future strategy.

General Motors Shifts Cadillac Escalade Production to Michigan, Expands Pickup Truck Manufacturing Amid Strong Demand

As part of a $4 billion U.S. investment plan, GM will ramp up production of the Cadillac Escalade, Chevrolet Silverado, and GMC Sierra at Orion Assembly starting in early 2027 to meet growing consumer demand.

Rolls-Royce Commits $75 Million to Expand South Carolina Engine Facility, Boosting U.S. Manufacturing

The aerospace giant’s $75 million investment will increase production of mtu Series 4000 diesel engines, create 60 jobs, and strengthen its footprint in the growing U.S. data center power market.

Amazon Taps SpaceX to Launch Critical Kuiper Satellite Batch in Race Against Starlink

As the satellite internet market heats up, Amazon relies on Elon Musk’s SpaceX to deploy 24 Kuiper satellites, advancing its ambitious plan to catch SpaceX’s dominant Starlink network.

Whoop Pushes Back Against FDA Warning Over Blood Pressure Feature

The wearable tech company argues its Blood Pressure Insights tool is for wellness—not diagnosis—while regulators warn of medical risks and compliance violations.

Westinghouse Unveils Plan to Build 10 Nuclear Reactors Across U.S. by 2030

In a push to revive American nuclear energy, Westinghouse pledges $75 billion in economic impact, backed by AI tools and presidential support.

US Regulator Confirms Boeing Fuel Switches Are Safe After Air India Crash

Despite rising concerns following a deadly Air India 787 crash, the FAA maintains that fuel control switch design does not pose a safety risk and no airworthiness directive is currently planned.

Heat Pump Manufacturers Gear Up for Growth — But Will Consumer Demand Catch Up?

With climate targets looming and factories primed for production, the heat pump industry awaits stronger public adoption amid cooling enthusiasm across Europe.

Tesla Faces Landmark Trial Over Fatal Autopilot Crash as Elon Musk’s Influence Hangs Over Jury Selection

The first federal civil lawsuit involving a deadly Tesla Autopilot crash goes to trial, spotlighting safety concerns, corporate responsibility, and public perceptions of Elon Musk.

Chinese EV Brands Gain Ground in Norway, Europe’s Most Electric Vehicle-Friendly Market

With no import tariffs and a tech-savvy consumer base, Norway has become the launchpad for Chinese electric vehicle makers challenging Western dominance.

Nvidia Set to Restart H20 AI Chip Sales in China After U.S. Regulatory Green Light

Following recent high-level talks and assurances from Washington, Nvidia prepares to re-enter China’s AI market with its powerful H20 chip.

Google Secures Top AI Talent in $2.4 Billion Windsurf Deal as Tech Giants Battle for Coding Supremacy

Varun Mohan and key Windsurf engineers join Google DeepMind as part of a major push into AI-powered software development, following failed acquisition talks with OpenAI.

‘Superman’ Ignites James Gunn’s New DC Universe With $217 Million Global Debut

The film’s record-breaking $122 million domestic opening sets the tone for a bold 10-year DC Studios overhaul under James Gunn and Peter Safran.

Palestinian Activist Files $20 Million Claim Against Trump Administration Over ICE Detention

Mahmoud Khalil alleges false imprisonment and political targeting; seeks damages or formal apology for months-long ordeal during the birth of his child.

Former X CEO Linda Yaccarino Temporarily Loses Verified Status After Abrupt Exit

Yaccarino's blue checkmark vanishes hours after her resignation, raising questions about internal shifts and platform policies under Elon Musk’s leadership.

Pentagon to Become MP Materials’ Largest Shareholder With $400 Million Deal to Boost U.S. Rare Earth Independence

Defense Department’s investment aims to secure domestic rare earth magnet supply chain amid rising tension with China and growing demand for military technology.

Don Lemon’s Lawsuit Against Elon Musk and X Heads to Trial After Judge Rejects Dismissal Bid

San Francisco court allows breach of contract and fraud claims to proceed in case tied to a canceled content deal and a controversial interview.

Levi Strauss Boosts Full-Year Sales Outlook Despite Tariff Headwinds, Says It Will Shoulder Costs—for Now

Strong global demand and direct-to-consumer growth help Levi’s offset rising tariff pressures, but executives warn trade policy shifts could impact future pricing.

Backed by Sundar Pichai and $92 Million in Funding, This CEO Reveals the One ‘Superpower’ Every Entrepreneur Needs

Caesar Sengupta, former Google exec and CEO of Arta Finance, shares how meditation became his most powerful tool in navigating the emotional chaos of startup life.

Junia Wells



August 6, 2025