Trump announces $500bn ‘Stargate’ venture to build up AI infrastructure

The price of Donald Trump`s new cryptocurrency called $TRUMP jumped on Sunday, with the amount held by the US president-elect and his associates now valued at more than $38 billion.

Chinese video sharing platform TikTok restored service in the United States Sunday after briefly going dark, as a law banning the wildly popular app on national security grounds came into effect.

Chinese short video sharing platform TikTok stopped working in the United States late on Saturday and disappeared from Apple and Google app stores ahead of a law that takes effect Sunday requiring the shutdown of the app used by around 170 million Americans.

Chinese short video sharing platform TikTok plans to shut its app for U.S. users from Sunday, when a federal ban on the social media app could come into effect, unless the Supreme Court moves to block it, people familiar with the matter have confirmed.

Meta, the owner of social media platform Facebook, Instagram and WhatsApp, is preparing to cut about 5% of its global workforce, as the company looks to drop ‘low performers faster’.

TikTok users in the United States are moving to a Chinese app called RedNote with the threat of a ban just days away.

The European Union is reassessing its investigations of tech giants including Apple, Meta and Google, just as the US groups urge president-elect Donald Trump to intervene against what they characterise as overzealous EU enforcement, the Financial Times reports.

Mark Zuckerberg`s Meta is abandoning the use of independent fact checkers on Facebook and Instagram, replacing them with X-style ‘community notes’ where commenting on the accuracy of posts is left to users.

US tech billionaire Elon Musk confirmed that Starlink has applied for permission to launch internet services in Pakistan but is currently awaiting approval from the government.

Global tech giant Microsoft to pump about $80bn into artificial intelligence (AI) this fiscal year, it`s President Brad Smith said on Friday.

While Bitcoin’s surge above $100,000 captivated the headlines in 2024, many financial firms were more focused this year on a different type of cryptocurrency whose price is never meant to rise — or fall for that matter. 

A Bitcoin rally is fizzling in the final days of a record-breaking year for the digital asset, as investors assess the remaining impetus from President-elect Donald Trump’s embrace of the cryptocurrency sector.

Bitcoin, the world`s largest cryptocurrency`s record rally topped $107,000 on Monday after incoming US President Donald Trump reiterated that he plans to create a U.S. bitcoin strategic reserve similar to its strategic oil reserve, stoking the enthusiasm of crypto bulls.

Bitcoin broke the $100,000 mark for the first time Thursday on hopes US president-elect Donald Trump will push through measures to deregulate cryptocurrencies when he takes office in January 2025.

After years of ignoring pleas to sign up to child protection schemes, the messaging app Telegram has agreed to work with an internationally recognised body to stop the spread of child sexual abuse material (CSAM).

Bitcoin`s march toward $100,000 made further ground on Thursday as investors bet a friendlier U.S. regulatory approach to cryptocurrencies under President-elect Donald Trump will unleash a boom era for the asset class.