Month: August 2025
Trump says he asked for 20% cut from Nvidia, calls H20 an ‘obsolete’ chip
U.S. President Donald Trump (L) listens as Nvidia CEO Jensen Huang speaks in the Cross Hall of the White House during an event on “Investing in America” on April 30, 2025 in Washington, DC. Andrew Harnik | Getty Images President Donald Trump on Monday said that he initially asked Nvidia for a 20% cut of […]
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Crypto exchange Bullish raises IPO size, seeks nearly $5 billion valuation
Pavlo Gonchar | SOPA Images | AP Peter Thiel-backed cryptocurrency exchange Bullish raised the size of its initial public offering. Bullish is aiming to raise $990 million, offering 30 million shares priced between $32 and $33 apiece, and targeting a valuation of $4.8 billion, according to a Monday filing with the Securities and Exchange Commission. The […]
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California Gov. Newsom warns Trump he’ll retaliate if Texas draws new congressional maps
California Gov. Gavin Newsom speaks during a news conference with Texas lawmakers at the Governor’s Mansion on July 25, 2025 in Sacramento, California. Justin Sullivan | Getty Images News | Getty Images California Gov. Gavin Newsom warned President Donald Trump on Monday that he will push to redraw his state’s congressional district maps if Trump […]
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Bitcoin retakes $120,000, ether touches 2021 highs after breaking key $4,000 level
People walk past a neon sign advertising a Bitcoin and Ethereum crypto currency exchange in Warsaw, Poland on 19 May, 2024. Jaap Arriens | Nurphoto | Getty Images Bitcoin is a stone’s throw from its all-time high after an overnight rally that also propelled ether to levels not seen since 2021. The price of bitcoin […]
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ESPN, Fox to bundle upcoming streaming services for $39.99 a month
Philadelphia Eagles wide receiver DeVonta Smith (6) scores a touchdown during Super Bowl LIX between the Philadelphia Eagles and the Kansas City Chiefs on February 9, 2025 at the Superdome in New Orleans, LA. Icon Sportswire | Icon Sportswire | Getty Images Disney’s ESPN and Fox Corp. are teaming up to offer their upcoming direct-to-consumer […]
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Ford announces $2 billion investment in Louisville assembly plant aimed at cheap EVs
An aerial view as a Ford sign stands on the sales lot of the Metro Ford dealership on May 06, 2025 in Miami, Florida. Joe Raedle | Getty Images Ford on Monday announced it would invest $2 billion in a Louisville, Kentucky, assembly plant aimed at rolling out more affordable electric vehicles. The investment comes […]
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Amazon tops 100 satellites after weather-delayed Kuiper launch
After four previous scrubs or delays in a row since August 7th SpaceX launches Amazon KF-02 Kuipeer Satellites after the 5th attempt August 11th 2025 at 8:35 AM SLC-40 Cape Canaveral, Brevard County, Florida USA. Scott Schilke| SipaUSA |AP Amazon shipped another batch of internet-beaming satellites into orbit on Monday atop a SpaceX Falcon 9 […]
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Judge rejects unsealing Ghislaine Maxwell grand jury transcripts
Ghislaine Maxwell on September 20, 2013 in New York City. Laura Cavanaugh | Getty Images A federal judge in New York on Monday rejected a request by the Justice Department to unseal grand jury transcripts related to the criminal investigation of Ghislaine Maxwell, the convicted procurer for notorious sex offender Jeffrey Epstein. Judge Paul Engelmayer, […]
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Sequoia’s Moritz backs Intel CEO Lip-Bu Tan after Trump’s ‘artless bullying’
Michael Moritz, Sequoia Capital Scott Mlyn | CNBC Renowned venture capitalist Mike Moritz called on Intel to stand by CEO Lip-Bu Tan after President Donald Trump demanded his resignation last week. “Trump’s assault has no modern precedent,” Moritz wrote, calling the attack a “vindictive political sideshow.” Moritz, who spent decades at Sequoia Capital and has […]
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AMC shares surge as movie theater chain narrows losses
People walk past an AMC theatre in Manhattan in New York City, U.S., February 25, 2025. Jeenah Moon | Reuters Shares of AMC Entertainment rose 8% in early trading Monday after the movie theater chain reported stronger-than-expected second-quarter results. The company posted revenue of nearly $1.4 million, up about 35% year over year and topping […]
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