Reading Time : 2 minutesApple is closing its store in Dalian, China, on August 9, 2025. This marks its first-ever permanent retail exit in the country without opening a nearby replacement. The move suggests a strategic shift in Apple’s retail approach, even as it continues to expand in other parts of China like Shenzhen.
Reading Time : 2 minutesBrad Pitt’s F1 movie has roared past $500 million globally, marking a huge milestone. Despite its strong performance, the film hasn’t hit profitability yet, with a massive break-even point looming near $600 million.
Reading Time : 2 minutes Huawei’s CloudMatrix 384 takes aim at NVIDIA’s AI leadership with a cluster packing 384 Ascend 910C chips. Unveiled at WAIC 2025, it delivers more raw power but comes with trade-offs in energy and efficiency. Huawei’s strategy is scale over silicon, offering China an alternative to U.S.-controlled AI compute systems.
Reading Time : 2 minutes Galaxy Digital’s CEO believes Ethereum ETF approvals are closer than many think. While concerns remain over regulatory clarity, recent SEC moves hint at progress. If approvals follow Bitcoin’s lead, it could reshape the crypto market. Institutional investors are watching closely, and the timeline may accelerate more than expected.
Reading Time : 2 minutesAMD will start producing high-end CPUs at TSMC’s Arizona plant, accepting a 5–20% cost increase per wafer. CEO Lisa Su views this as a necessary price for supply chain resilience and future-proofing production amid global uncertainty.
Reading Time : 2 minutesDetroit carmakers say Trump’s Japan deal ignored core trade barriers, leaving U.S. vehicles at a disadvantage. Without binding provisions, they warn Japan has no reason to open its market.
Reading Time : 2 minutes Netflix’s advertising business is booming in 2025, with ad revenue projected to double. A surge in ad-tier users and new ad tech tools are pushing growth. The company now sees ads as a core pillar of its business strategy, not just a side experiment.
Reading Time : 2 minutes ChatGPT now processes 2.5 billion prompts daily, reflecting massive growth in AI usage worldwide. With 330 million daily prompts from U.S. users alone, it’s clear that AI chatbots are reshaping how we seek information and solve problems. While Google still leads in searches, ChatGPT is steadily becoming a new digital companion.
Reading Time : 2 minutes Superman’s latest film leads the summer box office, crossing $406 million globally. With steady momentum, it surpasses earlier franchise records. However, Marvel’s Fantastic Four, set to release soon, could change the competition. The summer box office remains strong, up 16% from last year, reflecting renewed cinema enthusiasm after years of sluggish growth.
Reading Time : 2 minutesChina grew 5.2% in Q2 2025, beating forecasts despite tariffs and a weak property sector. Strong exports and manufacturing drove growth, but domestic consumption and real estate remain soft. The government stays on track for 5% annual growth but risks loom with tariffs and weak demand.
Reading Time : 2 minutesThe crypto market just smashed the $4 trillion mark, driven by U.S. regulatory clarity and massive institutional investment. With Bitcoin ETFs booming and stablecoins gaining legitimacy, digital assets are firmly stepping into mainstream finance.
Reading Time : 2 minutesStarting October 2025, the US imposes a $250 Visa Integrity Fee on non-immigrant visas to curb overstays. Travelers from Visa Waiver Program countries are exempt, but others face higher costs for tourism, study, or work.
Reading Time : 3 minutesThe EU is likely to shelve its digital tax due to US resistance and implementation challenges. The focus shifts to the OECD’s global tax reform, aiming for fairer rules for tech giants. This pragmatic move avoids trade disputes but delays immediate action, leaving debates on innovation and tax fairness unresolved as international cooperation takes center stage
Reading Time : 2 minutesBroadcom launches its Tomahawk Ultra networking chip to rival Nvidia’s NVLink, offering four times more connectivity within a single rack. Built on open-standards Ethernet and a 5nm process, it’s already shipping and aims to reshape AI compute infrastructures.
Reading Time : 2 minutes The Pentagon just awarded $200 million contracts to OpenAI, Google, Anthropic, and Elon Musk’s xAI. The goal is to integrate advanced AI into defense and government operations. This move underscores the US military’s determination to stay ahead in the AI race, particularly against China. The initiative also introduces Musk’s “Grok for Government” AI tools.
