OpenAI-Broadcom agreement sends shares of chipmaker soaring | Fortune
OpenAI and Broadcom Forge AI Chip Partnership, Driving Market Surge OpenAI has entered a strategic agreement with semiconductor leader Broadcom…
Flash News
Chinese AI Chip Firm Axera Aims for $379M Hong Kong IPO
According to Reuters, Chinese AI chipmaker Axera Semiconductor filed on January 30 to raise HK$2.96 billion, or about $379.2 million, through an initial public offering…
L3Harris Wins Navy Deal for Marine Corps’ Red Wolf Missile
According to Reuters, defense contractor L3Harris Technologies announced on Friday, January 30, that it secured a U.S. Navy deal to develop its Red Wolf vehicles…
Apex Legends Drops the OG Switch, But Switch 2 Lives On
According to GameSpot, developer Respawn Entertainment announced it is shutting down the servers for Apex Legends on the Nintendo Switch. The upcoming Season 29 will…
CZ Pushes Back on Blame for Historic Crypto Market Crash
According to Bloomberg Business, Binance co-founder Changpeng "CZ" Zhao has publicly rejected claims that his exchange caused the historic crypto market crash on October 10,…
Michigan Wants Its Money Back From Chinese Battery Maker
According to Reuters, Michigan Attorney General Dana Nessel sent a letter on Friday demanding Chinese battery company Gotion Inc. return $23.7 million in state funds.…
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Deezer’s AI Music Detector Gets Its First Big Client
According to Reuters, music streaming service Deezer has licensed its AI-detection technology to France's royalty agency, Sacem, in what it calls a landmark commercial deal.…
Innovation
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EU Probes Elon Musk’s Grok Over Deepfake Image Scandal
According to Fast Company, the European Union opened a formal investigation into Elon Musk's X platform on Monday, December 18th.…
Signet’s New Tech Boss Aims To Modernize Kay, Zales, And Jared
According to Forbes, Signet Jewelers—the world's largest diamond jewelry retailer with brands like Kay, Zales, and Jared—has combined its digital…
AI Agents Have a “Hard Ceiling,” New Paper Argues
According to Futurism, a recent paper by former SAP CTO Vishal Sikka and his son Varin Sikka makes a bold…
Hardware
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Intel GPU Firmware Now Updatable From ARM Systems, Too
According to Phoronix, a new set of patches submitted to the Linux kernel's Direct Rendering Manager (DRM) subsystem now allows the firmware for Intel's discrete…
Computing
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Microsoft’s AI Bet is Huge, But Is It Paying Off Yet?
According to TechSpot, Microsoft's Q3 revenue hit $81.3 billion, a 17% jump, with net income up 21% to $38.3 billion. Its cloud business crossed a…
** Fortune Most Powerful Women Asia 2025: CFOs from Huawei, ByteDance, Sony, Temasek Lead Business Influence
** Fortune’s Most Powerful Women Asia 2025 highlights 100 leaders, including CFOs from Huawei, ByteDance, Sony, and Temasek, who are leveraging regional and global volatility for strategic advantage. These executives drive finance and tech sectors with measurable impact and cross-border influence. Discover their roles in shaping Asia’s economic future. **CONTENT:**
Fortune’s Most Powerful Women Asia 2025 list showcases 100 influential leaders, including top CFOs from companies like Huawei, ByteDance, Sony, and Temasek, who are capitalizing on regional and global volatility to drive business success. Selected by Fortune editors for their strategic reach and capacity to shape industries, these women exemplify leadership in finance and technology. This year’s honorees, such as DBS CEO Tan Su Shan, who tops the list, navigate challenges like trade tensions and financial innovations, underscoring their pivotal roles in Asia’s evolving economic landscape.
Rare Earth Stocks Decline Amid Escalating US-China Trade Tensions
US Treasury Secretary Scott Bessent criticizes China’s rare earth export controls as trade tensions escalate. Both nations implement retaliatory shipping fees while rare earth stocks decline. Experts analyze potential economic consequences.
Rare earth stocks are declining significantly as persistent trade tensions between the United States and China intensify over export controls, potential tariffs, and retaliatory shipping fees. The market reaction comes as both economic superpowers implement measures affecting rare earth minerals crucial for technology and defense applications, with investors concerned about prolonged trade disruption and supply chain instability.
US Officials Criticize China’s Rare Earth Export Controls
Meet The World’s Top Companies For Women 2025
Global Leaders in Gender Equality: The World’s Top Companies For Women 2025 Forbes contributors have released independent expert analyses highlighting…
Federal Shutdown Extends as Rate Cut Looms, Employment and Housing Weaken
Ongoing federal shutdown and China’s rare earths export controls create economic uncertainty. Employment data shows highest unemployment rates in four years while housing market weakens. Federal Reserve likely to cut rates at October meeting.
Federal shutdown implications and economic uncertainty dominate financial markets as China’s rare earths export controls trigger trade tensions and equity sell-offs. With the government closure entering its second week and key economic data delayed, analysts anticipate Federal Reserve intervention through rate cuts while employment and housing indicators show concerning weakness.
Trade Tensions Escalate Over Rare Earths Controls
Apple Expands Renewable Energy Projects to Match iPhone Electricity Use With Clean Power
Apple is significantly expanding its renewable energy capacity across Europe to match the electricity consumers use to charge iPhones and power Macs. The initiative includes new solar and wind projects generating over 1 million megawatt-hours of clean electricity by 2030. This supports Apple’s broader carbon neutrality goals while benefiting European energy grids.
Apple has unveiled an ambitious expansion of renewable energy projects across Europe designed to match the electricity consumption of iPhone charging and device power usage with clean energy sources. This strategic move represents a significant step toward the company’s carbon neutrality by 2030 commitment, specifically addressing the energy consumers use to power Apple products after purchase. According to the company’s official announcement, this initiative will generate over 1 million megawatt-hours of clean electricity specifically allocated to match customer energy use.
Apple’s European Renewable Energy Expansion
The New Gilded Age: Tech Titans And The Echo Of History
The New Gilded Age: Tech Titans and Historical Parallels Recent research indicates striking similarities between today’s technological revolution and the…
How Electrification Spurs The Need For More Battery Inspections
The Growing Imperative for Battery Inspection in Vehicle Electrification As vehicle electrification accelerates across both hybrid and fully electric platforms,…