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Biggest Ever $27 Billion Chip Fund to Help China Outlast U.S. Tech Restrictions

China's Big Fund raises $27 billion to counter US tech restrictions, aiming for chip self-sufficiency amidst escalating tensions. US tightens curbs as China pushes for autonomy.


South Korea Regulator May Sanction Meta Over Facebook and Instagram Marketplaces: Report

Meta might be penalized by South Korea's antitrust office for allegedly failing to protect local consumers on its Facebook and Instagram marketplaces against fraudulent transactions.

Broadcom Expects $10 Billion in AI Chip Sales in 2024, But Shares Still Drop as Investors Aren't Impressed

Broadcom's shares fell after its full-year forecast failed to impress investors despite its expectations of $10 billion in AI chip sales this year.

Aldi to Add 800 Discount Grocery Stores Across US in the Next 5 Years

Aldi has announced a five-year expansion plan that will see the opening of 800 more of its discount supermarket stores across the US.


Latest News

The successful weight loss trial of the amycretin pill pushed Novo Nordisk past Tesla in market value to $604 billion, increasing investor interest in innovative solutions for major health issues like obesity.
Media tycoon Rupert Murdoch, 92, got engaged to his 67-year-old girlfriend, Elena Zhukova. Media tycoon Rupert Murdoch, 92, got engaged to his 67-year-old girlfriend, Elena Zhukova.
Oil prices remained relatively stable on Thursday, with Brent crude futures settling unchanged at $82.96 per barrel.
Goodyear Tire & Rubber Co, one of the leading tire manufacturers globally, is closing its manufacturing plant in Malaysia.
President Joe Biden announced plans to increase taxes on big corporations and wealthy Americans during his State of the Union address on Thursday night.
A controversial bill that could potentially block TikTok in the United States (US) was unanimously approved by a bipartisan panel of lawmakers.
Tesco employees have expressed frustration on a month-long delay in a promised pay raise. Tesco employees have expressed frustration on a month-long delay in a promised pay raise.
Eric Porat
Who says you can't turn digital dreams into reality? Eric Porat lives to debunk that myth every day. Picture a world where every click, every online ad, and every digital strategy opens doors to endless possibilities. That's the playground of Eric Porat, a true digital maverick.
CoinDesk will hold a consensus in Hong Kong, showcasing the region's progress as a digital asset hub despite regulatory lag in certain areas.
United Airlines is temporarily suspending pilot hiring due to Boeing's production challenges, which affect United's operations.
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