Finance
CNBC reports that Texas Instruments announced plans to spend more than $60 billion expanding US manufacturing operations. The analog chipmaker calls this the "largest investment in foundational semiconductor manufacturing in US history." The funds will build or expand seven chip-making facilities across Texas and Utah. The initiative will
Finance
The Senate moved closer to passing the GENIUS Act, legislation that would establish federal oversight for the $250 billion stablecoin market. CBS News reports the bill advanced through several procedural votes following weeks of bipartisan negotiations. The legislation would create the first comprehensive regulatory framework for digital currencies pegged to
Finance
Digital asset investment products recorded $1.9 billion of inflows during the trading week ended Friday, according to BTCPeers. This performance extended a nine-week streak of inflows totaling $12.9 billion. The surge occurred as Bitcoin traded close to new highs and Ether briefly rose past $2,800 for the
Finance
Aerotime reports that Eve Air Mobility signed a binding framework agreement with Revo for up to 50 electric vertical take-off and landing aircraft valued at $250 million. The deal, announced at the Paris Air Show on June 15, 2025, represents Eve's first binding commercial agreement and includes aircraft
Finance
Taiwan's Commerce Ministry added Chinese chipmakers Huawei Technologies and Semiconductor Manufacturing International Corp to its export control list on Sunday, according to ABC News. The move places these companies alongside organizations like the Taliban and al-Qaeda on the "strategic high-tech commodities" list. Taiwanese companies must now
Finance
Amazon, Walmart, and Expedia are exploring the launch of their own stablecoins as potential tools for customer payments, according to The Wall Street Journal. The retail giants hope that customers will eventually make purchases using these digital currencies, which could save merchants billions of dollars currently paid to credit card
Finance
NVIDIA CEO Jensen Huang warned that Chinese tech giant Huawei will dominate China's AI market if the United States continues restricting access to advanced semiconductor technology. Speaking to CNBC at the Viva Technology conference in Paris on Thursday, Huang stated that while US technology remains "a generation
Crypto
BTCPeers reported that Strategy executive chairman Michael Saylor recommended Apple should buy Bitcoin rather than continue its stock buyback program, following criticism of the tech giant's repurchase strategy performance. Saylor made the statement on June 10 responding to financial commentator Jim Cramer's concerns about Apple'
Finance
German nuclear fusion startup Proxima Fusion announced Wednesday it raised €130 million ($148 million) in a Series A funding round co-led by Cherry Ventures and Balderton Capital. CNBC reports this represents Europe's largest private fusion investment to date. The Munich-based company plans to build the world's
Finance
The UK government announced a £14.2 billion investment to build the Sizewell C nuclear power station in Suffolk, according to Government official statement. Energy Secretary Ed Miliband confirmed the funding as part of the government's spending review on June 10, 2025. The project will create 10,000
Politics
The third UN Ocean Conference opened in Nice, France on June 9, 2025, with deep sea mining emerging as a contentious issue dividing the international community. French President Emmanuel Macron called for a moratorium on deep sea mining during his opening address, declaring it "madness to launch predatory economic
Finance
Meta Platforms is negotiating a potential investment exceeding $10 billion in artificial intelligence startup Scale AI, according to Bloomberg. The social media company's talks with Scale AI could result in one of the largest private funding rounds in history. Reuters confirmed the negotiations remain ongoing, with terms not