Trump Administration Considers 10% Stake in Intel Using CHIPS Act Grants Washington, D.C., August 19, 2025 – The Trump administration is reportedly in discussions to acquire a 10% equity stake in Intel Corporation, potentially making the U.S. government the chipmaker’s largest shareholder, according to sources familiar with the matter. This move, which could involve converting … Read more
Tesla Slashes UK Lease Fees by Up to 50% Amid 60% Sales Drop August 19, 2025 Tesla has reportedly slashed its UK monthly lease fees by nearly 50% in a bid to counteract a dramatic 60% sales drop in July, according to multiple industry sources. The move comes as the electric vehicle giant faces mounting … Read more
U.S. automakers have expressed varied reactions to President Donald Trump’s electric vehicle (EV) policies in 2025, which include rolling back EV mandates, eliminating tax credits, and proposing to rescind emissions regulations. These changes have created a mix of uncertainty, strategic adjustments, and cautious optimism, as automakers navigate a shifting regulatory landscape. Below is a summary … Read more
Nvidia Denies ‘Kill Switch’ Claims in AI Chips Amid China’s Security Concerns Santa Clara, California, August 5, 2025 – Nvidia Corp. has firmly rejected accusations from China’s Cyberspace Administration of China (CAC) that its H20 artificial intelligence (AI) chips contain “kill switches” or backdoors that could allow remote deactivation or tracking. The controversy, sparked by … Read more
Tesla Awards Elon Musk $29 Billion in Shares Amid Ongoing Legal Battle Over 2018 Compensation August 4, 2025, 9:25 PM IST – Tesla has granted CEO Elon Musk 96 million shares of restricted stock, valued at approximately $29 billion, as an interim compensation package, according to a regulatory filing on Monday. This move comes six … Read more
Tesla Awards CEO Elon Musk $29 Billion in Shares Amid Legal Battle August 4, 2025 – Tesla has granted CEO Elon Musk 96 million shares of restricted stock valued at approximately $29 billion, a move that comes just six months after a Delaware court ordered the company to revoke his previous multibillion-dollar compensation package. The … Read more
On July 31, 2025, JPMorgan Chase celebrated the opening of its 1,000th new branch since launching its expansion strategy in 2018. The milestone was marked with a ribbon-cutting ceremony in Charlotte, North Carolina, attended by Chairman and CEO Jamie Dimon. With approximately 5,000 branches, JPMorgan Chase operates the largest branch network of any U.S. bank, … Read more
European Commission President Ursula von der Leyen will meet U.S. President Donald Trump in Scotland on Sunday, July 27, 2025, to negotiate a trade deal and avoid a transatlantic trade war. The talks aim to secure a framework agreement before an August 1 deadline, when Trump has threatened to impose a 30% tariff on EU … Read more
Microsoft CEO Satya Nadella recently addressed the company’s layoffs of over 15,000 employees in 2025, stating in a memo to staff that the cuts have been “weighing heavily” on him. He described the layoffs as part of a strategic shift driven by the rise of AI, emphasizing that they were not performance-related but necessary to … Read more
PepsiCo Launches New Prebiotic Cola Following Poppi Acquisition July 22, 2025 New York, NY – PepsiCo has unveiled its latest innovation in the functional beverage space: a prebiotic-infused cola, marking its first major move since acquiring popular prebiotic soda brand Poppi earlier this year. The new offering, dubbed Pepsi Prebiotic Cola, combines the classic taste … Read more