Tesla shares plummet after chief executive Musk says he will start America Party in latest 'distraction' from struggling business
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Data-Labelling Firm Surge AI ‘Seeks $1bn’ In Funding Round
Surge AI seeks $1bn or more in first funding round, after competitor Scale AI attracts $14bn investment from Meta
Man Pleads Guilty To $245m Bitcoin Theft
Crypto crimes. Guilty plea from man in US who took part in huge Bitcoin theft, but whose parents were then later kidnapped
Norway Plans Temporary Ban On New Crypto Mining Data Centres
Norway reportedly seeks to impose temporary ban on new data centres mining crypto, to conserve power for other industries
Stablecoin Company Circle Internet Surges After IPO
Circle Internet Group sees shares more than quadruple after IPO as crypto moves toward regulation and increased mainstream acceptance
London Blow, As Wise Opts To Move Listing To US
British fintech firm Wise is to move its primary listing to the United States, in latest blow to London stock exchange
US SEC Drops Lawsuit Against Binance Crypto Exchange
Donald Trump’s crypto friendly SEC has now officially dropped its high-profile lawsuit against cryptocurrency exchange Binance
Wealthy Crypto Individuals Face Physical ‘Wrench’ Attacks
After recent kidnapping and torture of Italian tourist for his bitcoin key, comes warning of rise in so called “wrench attacks”
Trump Threatens Tariffs On Apple iPhones, EU Products
Donald Trump says Apple will be forced to pay 25 percent tariffs on iPhones, unless all manufacturing is moved to US
EU Sanctions Entities, Individuals Amid Russian Hybrid Threats
Russia’s destabilising actions abroad has resulted in European Union sanctioning 21 individuals and 6 entities
M&S Cyberattack To Cost £300m And Upheaval To Last Into July
British retailer Marks & Spencer admits devastating cyberattack in April will impact operating profit by a hefty £300 million
Trump Has A “Little Problem” With Apple’s Tim Cook
President Donald Trump berates Apple boss Tim Cook, over reported switch of US iPhone production from China to India
China, US Reach Deal To Pause Punitive Tariffs
China, US agree to suspend punitive tariffs for 90 days after levies of more than 100 percent roiled supply chains, caused economic chaos
CoreWeave ‘Seeking $1.5bn In Debt’ After IPO...
AI data centre provider CoreWeave reportedly seeks around $1.5bn as it looks to refinance its debt burden, after underwhelming IPO
Celsius Founder Alex Mashinsky Sentenced To 12 Years In Prison
Founder of former cryptocurrency lender Celsius Network, Alex Mashinsky, receives stiff prison sentence for fraud
OpenAI To Cut Microsoft Revenue Share – Report
More evidence of cooling relationship? OpenAI reportedly tells investors it expects to cut share revenue it pays to Microsoft by 2030
UK Seeks Feedback On Banning Consumers From Borrowing To Buy Crypto
British financial regulator, the FCA, looks to ban consumers from borrowing funds in order to buy crypto and digital assets
Apple Warns Trump’s Tariffs Will Raise Costs By $900m
Apple says iPhones sold in US will no longer come from China, as Q2 results show it has so far mostly avoided Trump's tariff impact
Microsoft Profit, Sales Rise Amid Trump Economic Woes
Microsoft's financials provide some welcome news for tech sector, as the Q1 GDP of the United States under Trump drops
UK Unveils Draft Rules For Crypto Industry
UK to align with US on crypto approach, with draft rules for industry that “support innovation while cracking down on fraudsters”
Alphabet Rises As AI Initiatives Begin To Pay Off In Q1
Boom time. Amid ongoing cost cutting and potential break-up threat, Alphabet profits surge as AI bets start to pay off
Trump’s Meme Coin Value Surges After Dinner Invitation
Leading holders of Trump meme coin receive invitation to private gala dinner with US President, prompting conflict of interest concerns
Tesla Profits Crash, As Elon Musk Admits Doge “Blowback”
Brand damaged. Elon Musk says he will cut back role at Trump's Doge, amid widespread consumer backlash and poor Q1 financials
ASML, Others Outline Impact Of Trump’s Tariffs
Chip making giant ASML mirrors other equipment makers, and outlines financial impact of Donald Trump's tariffs
Amazon CEO Says Sellers May Pass Tariff Costs Onto Consumers
With China tariff set at 145 percent, Amazon CEO admits third party sellers may pass the cost of Trump's tariffs onto consumers
China Hits Back At Trump, Raises US Tariffs To 125 Percent
After weeks of tariff chaos, China hits back at Donald Trump and raises tariffs on US goods to 125 percent
Microsoft Overtakes Apple As Most Valuable Public Company
Apple's share price plummets over 23 percent in recent days, promoting Microsoft as world's most valuable public firm
Bitcoin Falls Further, As Trump’s Tariffs Roil Markets
Global markets continue to plummet, as Trump tariffs go into force - including a 104 percent tariff on China
US DoJ Disbands Crypto Enforcement Team
Crypto free for all? US Justice Department is disbanding team of prosecutors who targetted cryptocurrency crimes
Hackers Target Australia’s Largest Pension Funds
Multiple pension funds in Australia have been hit in co-ordinated hacking attacks, and unfortunately customers have reportedly lost money