Reading Time : 2minutesAMD 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 : 2minutesDetroit 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 : 2minutes 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 : 2minutes 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 : 2minutes 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 : 2minutesChina 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 : 2minutesThe 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 : 3minutesThe 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 : 2minutes Google confirmed the long-speculated merger of ChromeOS and Android. The two systems will unify into a single platform, streamlining development and enhancing user experience across devices. This integration is gradual but marks a significant shift in Google’s strategy, directly positioning it against Apple’s seamless ecosystem of macOS and iPadOS while maintaining compatibility with existing hardware.
Reading Time : 2minutesIntel’s new CEO Lip-Bu Tan delivers unprecedented honesty about the company’s fall from grace, admitting Intel is no longer among the top 10 semiconductor companies and has missed the AI revolution entirely, marking a dramatic transformation for the former industry leader.
Reading Time : 2minutesNVIDIA became the first company to hit a $4 trillion market cap on December 4, 2024, surpassing Apple and Microsoft. Fueled by its H100 and Blackwell chips, NVIDIA’s stock soared over 200% in 2024, driven by the AI boom. This milestone highlights NVIDIA’s dominance in AI infrastructure and its pivotal role in shaping the future of technology.
Reading Time : 2minutesApple is reportedly eyeing the US broadcasting rights for Formula 1, seeking to capitalize on the sport’s soaring popularity and its own successful F1 movie. With ESPN’s contract expiring, this move could significantly boost Apple TV+’s live sports offerings, attracting a massive new subscriber base as the bidding war for the lucrative rights intensifies.
Reading Time : 2minutes Former UK Prime Minister Rishi Sunak has rejoined Goldman Sachs as a senior advisor, marking his return to high finance. The position focuses on global economics, geopolitics, and mentoring. Sunak’s salary will be donated to charity, and restrictions are in place to prevent conflicts of interest. He continues to serve as an MP during this new role.
Reading Time : 3minutesShein, the fast-fashion giant, has filed for a Hong Kong IPO to pressure UK regulators delaying its London listing. Facing hurdles over human rights disclosures, the Singapore-based company aims to leverage Hong Kong’s flexible regulations. This strategic move could reshape Shein’s global financial strategy and influence other firms eyeing international markets.
Reading Time : 2minutesChina’s new anti-dumping duties up to 34.9% on EU brandy are escalating trade tensions. These tariffs, effective Saturday, severely impact French cognac exports, already down 70%. While some brands secured exemptions, others face maximum rates. This move is seen as retaliation for EU tariffs on Chinese EVs, intensifying a broader trade dispute. The EU is challenging China’s actions at the WTO.