Throughout April, while the broader market staged an impressive rally, hedge fund managers demonstrated a noticeable preference for stability and strong fundamentals over speculative bets. According to a newly released report from the data platform Hazeltree, funds largely stuck with their existing holdings in technology and semiconductor companies—a strategic move that played out against the …
In a significant move that underscores China’s accelerating push for technological self-reliance, Alibaba Group has officially introduced its latest artificial intelligence processor, the Zhenwu M890. The announcement came during the company’s annual Alibaba Cloud Summit in Shanghai, where the tech giant made clear its intentions to offer a powerful domestic alternative to American semiconductor leader …
More than forty-eight thousand Samsung Electronics employees are preparing to walk off the job this Thursday, marking what could become one of the largest coordinated labor actions in the company’s history. The strike follows weeks of tense negotiations over bonus payments, which finally broke down on Wednesday despite last-minute intervention from South Korea’s labor mediation …
Before the red carpets and tabloid headlines merged into one, there was a friendship between Brad Pitt and Chris Cornell that was refreshingly unguarded. They were two men facing huge pressures in the public eye and facing each other's inner weaknesses—and knowing that such an understanding resulted in a bond that few people witness. Cornell's …
When customers of Iran’s largest cryptocurrency exchange needed to move billions of dollars discreetly and efficiently, they turned to two blockchain networks that would later become deeply intertwined with President Donald Trump’s own digital currency business. On the surface, the Islamic Republic’s sanctioned financial system and a former president’s family enterprise could not appear more …
The biggest South Korea company, Samsung Electronics and its labor union, have called for a new round of talks just as it appeared that they were facing an unprecedented and prolonged work stoppage. Talks between the two sides will continue on Wednesday after a marathon fifteen-hour negotiation session, which ended just after midnight. They succeeded …
In a recent memo to employees, Meta has detailed its plans for the restructuring that is set to occur on May 20. The Facebook parent company, which has been increasingly reshaping itself in recent months around artificial intelligence, is now readying itself to cut a hunk of ten percent of its global employees from the …
John Travolta walked down the red carpet at the 2026 Cannes Film Festival, and it was as if something was amiss. It wasn't only that time or the chic French Riviera lighting. The 72-year-old actor, who has played memorable roles in movies such as Pulp Fiction, Grease and Saturday Night Fever, had ditched the sharp …
In a blow to Elon Musk, OpenAI's lawsuit was rejected by a federal jury in Oakland, Calif. on Monday, eliminating one of the biggest legal hurdles in the way of the artificial intelligence startup's potential initial public offering. In a swift ruling, the jury found that Musk waited too long to launch his lawsuit, essentially …
Alphabet's Google and global asset management firm Blackstone are launching a new joint venture dedicated to artificial intelligence cloud services, marking the pace of change in the artificial intelligence sector, a field that is increasingly transforming the way infrastructure is invested in. Formed on Monday, the alliance aims to address one of today's biggest technology …
After a high-profile visit to China with President Xi Jinping, Donald Trump is now facing growing pressure back home as inflation in the U.S. climbs to 3.8% in April — with experts warning it could rise even higher next month. Americans are feeling the impact through rising prices on fuel, groceries, clothing, travel, and daily …
Few professionals embody the intersection of innovation, strategy, and forward thinking leadership as dynamically as Aleksei Nasybullin. A marketer, entrepreneur, academic, and influential figure in the evolving worlds of Web3, crypto, and iGaming, Nasybullin has spent nearly two decades building impactful platforms and shaping conversations around technology, digital business, and global networking. His nomination for …
The artificial intelligence arms race between the United States and China is moving into a crucial phase as a few Chinese technology firms are granted permission to buy Nvidia's latest H200 AI chips—and no deliveries have been made yet. It illustrates the ongoing political fraughtness between the world's two great powers even in the business …
A courtroom in Milan is now the latest theatre involved in the global hothouse controversy concerning the responsibilities of social media giants towards children's wellbeing. On Thursday, an Italian parents' association and several Italian families went before the city's business court for the first hearing of a class action lawsuit against Meta and TikTok. MOIGE, …
