Category: Business

U.S. equity markets closed the week with strong gains, led by a record-setting performance from the Dow Jones Industrial Average. The rally followed remarks by Federal Reserve Chair Jerome Powell, who indicated that monetary policy could shift toward easing as early as next month. The Dow surged 846.2 points, or 1.9%, to a historic close […]

Washington, D.C. — The U.S. government has officially secured a 10% equity stake in Intel Corp., solidifying its position as the chipmaker’s third-largest shareholder. The move, confirmed Friday by President Donald Trump, marks a rare and substantial federal intervention in a major American corporation. The agreement, already accepted by Intel, is part of a broader […]

EFF legal intern Noam Shemtov was the principal author of this post. When police have a warrant to search a phone, should they be able to see everything on the phone—from family photos to communications with your doctor to everywhere you’ve been since you first started using the phone—in other words, data that is in […]

San Francisco, 22 August 2025 — Meta Platforms has signed a six-year cloud computing agreement with Google Cloud valued at over $10 billion, according to sources familiar with the matter. The deal marks one of Google Cloud’s largest contracts to date and will support Meta’s rapidly expanding artificial intelligence infrastructure. Under the agreement, Meta will […]

Beijing/Seattle — Boeing Co. is nearing a landmark agreement to sell as many as 500 commercial aircraft to China, in what could become one of the largest aviation deals of the decade. The potential transaction, still under negotiation, would mark a significant breakthrough in U.S.–China trade relations and end a prolonged sales freeze that dates […]

Taipei, Taiwan — Nvidia CEO Jensen Huang arrived in Taipei on Friday for a brief visit with Taiwan Semiconductor Manufacturing Company (TSMC), underscoring the deep collaboration between the two companies as Nvidia continues to navigate evolving global dynamics around advanced semiconductor exports. The visit comes just days ahead of Nvidia’s upcoming earnings release and amid […]

Today, the United States is stemming the flow of revenue the Iranian regime uses to fund its destabilizing activities, including its support for terrorism abroad and the oppression of its own people. The Department of State is imposing sanctions on two China-based crude oil and petroleum products terminal and storage operators that have facilitated the […]

Washington, D.C. — Modular construction is quietly reshaping the U.S. housing landscape, with nearly 1 in 10 new apartments built in factories last year. But while the sector is gaining traction, experts say its future hinges on regulatory reform that could unlock faster development, more affordable housing, and a new wave of investment. In 2024, […]

Ohio, USA — August 2025 SoftBank Group has officially acquired a manufacturing facility in Ohio from Taiwanese tech giant Foxconn, marking a strategic move to accelerate the development of AI data centre infrastructure under the ambitious Stargate initiative—a $500 billion joint venture unveiled by former U.S. President Donald Trump. 🔍 Transaction Overview Foxconn Chairman Young […]

Shackelford County, Texas — August 19, 2025Vantage Data Centers has unveiled plans for its largest investment to date: a $25 billion hyperscale data center campus named “Frontier,” set to rise in Shackelford County, Texas. The development marks a significant milestone in the company’s global expansion and reflects the growing demand for infrastructure capable of supporting […]