Windows developer Microsoft (MSFT) has revealed it currently holds a 27% stake in OpenAI. The ChatGPT developer has completed its restructuring into a non-profit, with an equity stake currently worth ...
US President Donald Trump and Chinese leader Xi Jinping prepare to meet for the first time since 2019 to finalize the trade deal. The meeting is set up in Gyeongju, South Korea, after a fierce rivalry ...
Historic payment network Western Union says it plans to launch its own stablecoin on the Solana Network in 2026. The new dollar-backed stablecoin would let its 100 million customers send money ...
Nvidia (NVDA) has announced plans to invest $1 billion in Nokia (NOK) via a directed share issue, per a Tuesday announcement. Nokia will issue 166,389,351 new shares to NVIDIA, valued at $6.01 per ...
BRICS member China’s new payment system, named Cross-Border Interbank Payments System (CIPS), is taking the financial world by storm. The CIPS payment system now supports international transactions in ...
Treasury Secretary Scott Bessent, confirmed that there had been significant advances in US China trade negotiations, a factor that has been propelling the Dow futures up as the times of writing.
Amazon (AMZN) says it plans to start firing as many as 30,000 employees starting tomorrow, sources told Reuters on Monday. The company is seeking to pare expenses and compensate for overhiring during ...
Ace investor Warren Buffett has shifted his outlook on the US dollar over the past decade as the BRICS nations gain a strong foothold. His statements on the US dollar were bullish during an interview ...
The US Department of Energy has announced a $1B partnership with Advanced Micro Devices (AMD) to build two supercomputers. Per a Reuters report citing a conversation with Energy Secretary Chris Wright ...
The BRICS Centre for Industrial Competencies has officially been launched at the United Nations Industrial Development Organization headquarters in Vienna. Well, let us tell you that this marks a ...
Ripple XRP’s unlock impact has actually intensified as the company confronts a perfect storm of challenges right now. The digital asset firm is simultaneously dealing with its monthly $1 billion token ...
The US dollar is facing challenges from developing countries that are threatening its status as the global reserve currency. A handful of alliances in Asia, Africa, and South America are looking to ...