GameStop stock has seen a notable jump, climbing more than 6% in after-hours trading on Tuesday. The spike follows a major announcement from the once-struggling video game retailer turned meme-stock favourite. GameStop revealed its plans to utilise its cash reserves for purchasing Bitcoin, signalling a bold new direction for the company. This announcement comes directly…
US export restrictions to China have intensified, with the United States adding dozens of Chinese entities, including six subsidiaries of the Inspur Group, to its export blocklist. This move underscores the government’s ongoing efforts to curb China’s progress in high-performance computing, AI technologies, and military advancements. What the US Export Restrictions to China Target The…
From a kitchen hand in Melbourne to the CEO of a global fintech powerhouse, the story of Airwallex CEO Jack Zhang exemplifies innovation, resilience, and forward-thinking leadership. As the Co-Founder and CEO of Airwallex, Jack has not only transformed how businesses manage cross-border payments but has also built one of the fastest-growing fintech unicorns in history….
The recent Napster sale to tech startup Infinite Reality for $207 million would have been shocking development back in 2011 when it was embroiled in legal turmoil. What started as a groundbreaking peer-to-peer file-sharing platform in 1999 after legal troubles remerged as a legitimate music streaming service. Shawn Fanning and Sean Parker founded Napster in…
The recent Napster sale to tech startup Infinite Reality for $207 million would have been shocking development back in 2011 when it was embroiled in legal turmoil. What started as a groundbreaking peer-to-peer file-sharing platform in 1999 after legal troubles remerged as a legitimate music streaming service. Shawn Fanning and Sean Parker founded Napster in…
President Trump Responds Donald Trump downplayed the recent Signal group message leak on Tuesday, calling it “the only glitch in two months.” He defended National Security Advisor of the United States, Michael Waltz, saying that he had learned his lesson. Trump claims the members of the group message on Signal did not share any classified…
Once a serious skeptic of cryptocurrencies, describing bitcoin in 2019 as “not money” and claiming “its value was based on thin air,” Trump’s crypto venture, indeed, serves as further evidence that his position has shifted to the opposite end of the spectrumOn Tuesday night, Trump and his sons announced that their crypto company, World Liberty…
Hang Jong-hee Dies of Heart Attack Samsung Electronics announced on Tuesday that co-CEO Han Jong-hee died after suffering a heart attack at the age of 63. In addition to being vice-chair and CEO of Samsung, Han was also in charge of its consumer electronics and mobile devices division. Han joined the company nearly 40 years…
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