The US stock market experienced a significant surge in value, with eight of the largest tech companies adding a staggering $420 billion to their combined market capitalization. This […]
Tech Giant Revenue Deals: How Big Tech Navigates Trump’s Tariffs
In a bold move by Treasury Secretary Scott Bessent, Nvidia and AMD are allowed to sell certain AI chips to China. In return for this access, they must […]
Meta’s Rejection Signals Caution in Big Tech’s Bitcoin Adoption
Meta’s decision to reject a proposal exploring Bitcoin as its future treasury reserve asset stands in stark contrast to the growing interest within the corporate sector. While Meta […]
Big Tech Invests in Stability: Stablecoin Adoption Sparks Debate
Tech giants are exploring the use of stablecoins as a more secure and stable alternative to traditional cryptocurrency. This shift brings significant implications for both the crypto and […]
Hawley Opposes GENIUS Act, Criticizing Big Tech’s Benefits
Senator Josh Hawley has cast a dissenting vote against the GENIUS Act, citing concerns that it unfairly benefits major tech companies. He argues the legislation will allow these […]
Senate Set To Vote On Revised Stablecoin Bill: Impacting Big Tech’s Role
The Senate is poised to vote on a revised stablecoin bill, the GENIUS Act, which seeks to impose stricter regulations on major tech companies seeking to issue their […]
New BILL Aims to Regulate Stablecoins, Limiting Big Tech Involvement
A new bill aimed at stabilizing the cryptocurrency market, dubbed the GENIUS Act, introduces significant restrictions on stablecoin issuers and tech giants. The legislation seeks to protect consumers […]
Senate Draft Shifts Focus from Trump to Big Tech in Crypto Regulations
A key amendment to a stablecoin bill by Senate Democrats has shifted the regulatory focus away from Donald Trump’s cryptocurrency activities, instead targeting big tech companies and their […]
Big Tech Banned from Issuing Stablecoins: GENIUS Act Takes Aim at US Market
The US Senate has passed the GENIUS Act, aiming to reshape the stablecoin market by barring Big Tech companies from issuing their own digital currencies. This legislation requires […]
Tesla Earnings Impact Big Tech Market Amidst Fluctuations
Tesla kicked off earnings season for tech giants, reporting financial results amidst significant market capitalization drops. The company’s release offered insights into recent activities and actions, impacting investor […]
Trump’s Tariffs Hit Big Tech: Billions at Stake as Trade War Continues
President Trump’s new tariffs have created a nearly $1 trillion trade barrier around the US economy, impacting American big tech companies. Estimates suggest daily expenses for these firms […]