Tesla Stock Climbs Following Politico Report of Musk-White House Discussions

Tesla Stock Climbs Following Politico Report of Musk-White House Discussions

Jack WillsonJun 7, 20252 min read

Tesla’s stock experienced a significant uptick on June 6, 2025, following a report by Politico which indicated that CEO Elon…

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AI's Energy Consumption Projected to Surpass Bitcoin Mining by End of 2025

AI’s Energy Consumption Projected to Surpass Bitcoin Mining by End of 2025

Jack WillsonMay 31, 20252 min read

Artificial Intelligence (AI) is on track to consume more electricity than Bitcoin mining by the end of 2025, potentially accounting for nearly half of global…

Amazon's ZeroOne Team, Led by Xbox Cofounder J Allard, Develops 'Breakthrough' Smart Home Devices

Amazon’s ZeroOne Team, Led by Xbox Cofounder J Allard, Develops ‘Breakthrough’ Smart Home Devices

Cook RobertMay 31, 20252 min read

Amazon has initiated a new venture named the ZeroOne team, focusing on the development of innovative smart home devices. This team is spearheaded by J…

SEC Commissioner Hester Peirce Clarifies Regulatory Stance on Meme Coins

SEC Commissioner Hester Peirce Clarifies Regulatory Stance on Meme Coins

Jack WillsonMay 31, 20252 min read

SEC Commissioner Hester Peirce has clarified that meme coins, including those associated with public figures like Donald Trump, are not classified as securities under federal…

Brazil's Meliuz Launches Share Offering to Acquire Bitcoin

Brazil’s Meliuz Launches Share Offering to Acquire Bitcoin

Jack WillsonMay 31, 20251 min read

Brazilian fintech company Meliuz has announced a primary share offering aimed at raising funds for the acquisition of bitcoin. The company plans to distribute an…

Synopsys Halts China Sales Due to U.S. Export Restrictions

Synopsys Halts China Sales Due to U.S. Export Restrictions

Jack WillsonMay 31, 20252 min read

Synopsys, a leading U.S. semiconductor design software firm, has ceased all sales and services in China, effective May 29, 2025, in compliance with newly imposed…

Germany's Digital Ministry Exercises Caution Over Proposed Online Platform Levy

Germany’s Digital Ministry Exercises Caution Over Proposed Online Platform Levy

Jack WillsonMay 31, 20252 min read

Germany’s digital ministry has expressed cautious support for a proposed levy on major online platforms, such as Google and Facebook, emphasizing the need for international…

Foreign Phone Sales in China Up Slightly - April 2025

Foreign-Branded Mobile Phone Sales in China See Modest Uptick in April 2025

Cook RobertMay 31, 20251 min read

In April 2025, shipments of foreign-branded mobile phones in China experienced a slight increase, rising to 3.52 million units from 3.50 million units in April…

Microsoft's Russian Subsidiary Plans Bankruptcy Amid Intensifying Domestic Pressures

Microsoft’s Russian Subsidiary Plans Bankruptcy Amid Intensifying Domestic Pressures

Jack WillsonMay 31, 20252 min read

Microsoft Rus LLC, a subsidiary of Microsoft Corporation, has announced its intention to file for bankruptcy, as indicated in a notice on Russia’s official Fedresurs…

Anthropic Achieves $3 Billion Annualized Revenue Amid Surging Enterprise AI Demand

Anthropic Achieves $3 Billion Annualized Revenue Amid Surging Enterprise AI Demand

Cook RobertMay 31, 20252 min read

Anthropic, an AI startup founded in 2021 by former OpenAI researchers, has reached a significant milestone by attaining a $3 billion annualized revenue run rate…

Judge Weighs Softer Remedies in Google Antitrust Case

Judge Considers Less Stringent Remedies in U.S. Antitrust Case Against Google

Jack WillsonMay 31, 20252 min read

In the ongoing U.S. antitrust case addressing Google’s dominance in online search, District Judge Amit Mehta is contemplating remedies less severe than those proposed by…