Breaking News, Business, Financial and Economic News, World News from EconoTimes

Become a contributor

Bookmark Econotimes

Technology

Sat, Feb 07, 2026 03:42 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Nvidia Faces Backlash Over Sudden U.S. Chip Export License Rules to China

Apr 17, 2025 04:27 am UTC| Technology Business

Nvidia (NASDAQ: NVDA) failed to alert major Chinese clients in advance about new U.S. export restrictions on its H20 AI chips, sources familiar with the matter revealed. The U.S. government notified Nvidia on April 9 that...

U.S. Imposes New Export Curbs on Nvidia and AMD AI Chips to China

Apr 16, 2025 12:09 pm UTC| Technology Business Governance

The U.S. Commerce Department announced new export licensing requirements on Tuesday targeting Nvidias H20 and AMDs MI308 artificial intelligence chips, along with equivalent models, restricting their shipment to China. The...

NVIDIA Stock Dips on $5.5B Hit From China Export Controls

Apr 16, 2025 01:44 am UTC| Business Technology

NVIDIA (NASDAQ:NVDA) shares fell 6% in after-hours trading to $105.42 after the company announced it expects up to $5.5 billion in charges related to U.S. export restrictions on its AI chips to China. The charges will be...

Japan Orders Google to Halt Anticompetitive Smartphone Practices

Apr 16, 2025 00:28 am UTC| Business Technology Law

Japans Fair Trade Commission (JFTC) has issued a cease and desist order to Google (NASDAQ: GOOGL) for engaging in anticompetitive practices, marking the countrys first formal crackdown on a U.S. tech giant for market...

TSMC Nears Breakthrough in Advanced Chip Packaging to Power AI Growth

Apr 15, 2025 06:08 am UTC| Technology Business

Taiwan Semiconductor Manufacturing Co. (TSMC), the worlds leading contract chipmaker, is nearing completion of a cutting-edge chip packaging technology to meet surging demand for high-performance AI chips, according to...

Blue Origin Boosts Space Tourism with Katy Perry on Historic All-Female Flight

Apr 15, 2025 06:06 am UTC| Business Technology

Pop star Katy Perry and five other trailblazing women successfully completed a historic suborbital spaceflight aboard Blue Origins New Shepard rocket on April 14, marking the first all-female space mission in over 60...

AMD Ready to Begin Chip Production in Arizona Amid AI Server Expansion

Apr 15, 2025 06:03 am UTC| Technology Business

Advanced Micro Devices (NASDAQ:AMD) CEO Lisa Su confirmed on Tuesday that the company is prepared to begin chip production at its Arizona facility. Speaking at National Taiwan University in Taipei, Su emphasized AMDs...

121 122 123 124 125 126 127 128 129 130

Economy

Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal

President Donald Trump has signed a landmark executive order removing the 25% penalty tariff on Indian goods, signaling a major shift in U.S.India trade relations and global geopolitical alignment. The move functions as...

Trump Signs Executive Order Threatening 25% Tariffs on Countries Trading With Iran

U.S. President Donald Trump has signed a new executive order that could impose tariffs of up to 25% on countries that continue to do business with Iran, marking a significant escalation in Washingtons pressure campaign...

U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains

The United States and India have taken a significant step toward a long-anticipated bilateral trade agreement by releasing an interim trade framework aimed at lowering tariffs, reshaping energy ties, and strengthening...

Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility

U.S. stocks surged on Friday, posting their strongest session since May 2025, as investors regained confidence following a turbulent week marked by sharp losses in technology shares and uncertainty around the artificial...

Gold and Silver Prices Rebound After Volatile Week Triggered by Fed Nomination

Gold and silver prices climbed on Friday, closing out an exceptionally volatile week in the precious metals market following a historic selloff. The turbulence was sparked by the nomination of former Federal Reserve...

Politics

New York Legalizes Medical Aid in Dying for Terminally Ill Patients

New York has officially joined a growing number of U.S. states allowing medical aid in dying after Governor Kathy Hochul signed landmark legislation into law on Friday. The new New York medical aid in dying law permits...

Trump Says “Very Good Talks” Underway on Russia-Ukraine War as Peace Efforts Continue

U.S. President Donald Trump said on Friday that very good talks are ongoing regarding Russias war in Ukraine, signaling potential movement in long-running diplomatic efforts to end the conflict. Speaking briefly to...

China Warns US Arms Sales to Taiwan Could Disrupt Trump’s Planned Visit

China has issued a strong warning to the United States, signaling that any additional arms sales to Taiwan could seriously jeopardize U.S. President Donald Trumps planned visit to China in April. According to a report...

Trump Allows Commercial Fishing in Protected New England Waters

U.S. President Donald Trump has signed a proclamation permitting commercial fishing in a previously restricted marine protected area off the coast of New England, a move that has sparked renewed debate over ocean...

U.S. Lawmakers to Review Unredacted Jeffrey Epstein DOJ Files Starting Monday

Members of the U.S. Congress are expected to gain access to the unredacted version of the Department of Justices files related to convicted sex offender Jeffrey Epstein beginning Monday morning, according to a report from...

Science

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

Technology

Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge

Nvidia (NASDAQ: NVDA) CEO Jensen Huang reaffirmed his bullish stance on artificial intelligence, calling the massive capital expenditure flowing into AI infrastructure both appropriate and necessary as the industry...

Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate

Amazon.com (NASDAQ:AMZN) delivered a mixed but closely watched earnings report, beating Wall Street expectations on revenue while unveiling a massive long-term investment plan that unsettled investors. The e-commerce and...

Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch

Major PC manufacturers including HP, Dell, Acer, and Asus are reportedly exploring the option of sourcing memory chips from Chinese semiconductor companies for the first time, as a prolonged global supply crunch continues...

OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering

OpenAI is significantly accelerating its enterprise AI strategy by hiring hundreds of new employees for its technical consulting division, according to a report by The Information, citing a person familiar with the...

SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off

SoftBank Group Corp. (TYO:9984) shares tumbled sharply on Thursday, tracking a steep decline in Arm Holdings (NASDAQ:ARM) after the UK-based chip designer reported weaker-than-expected earnings for the December quarter....