Apple Shuts Down Its First Retail Store in China

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.

Huawei Challenges NVIDIA with Powerful CloudMatrix 384

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.

Ethereum ETF Approval May Come Sooner Than Expected

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.

Netflix Ad Revenue Set to Double Thanks to Global Growth

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.

ChatGPT Now Handles 2.5 Billion Prompts Daily

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.

Superman Dominates Summer Box Office Ahead of Marvel’s Entry

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.

China Beats Growth Forecasts Despite Tariff Pressures

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.

EU Likely to Shelve Digital Tax Amid Global Reform Push

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

Broadcom Unveils Tomahawk Ultra to Rival Nvidia in AI

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.

Pentagon Taps OpenAI, Google, xAI in $200M AI Defense Push

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.