Intel Drops Out of Top 10 Semiconductor Companies, Faces $16.6B Quarterly LossIntel Drops Out of Top 10 Semiconductor Companies, Faces $16.6B Quarterly Loss
U.S. Launches National Security Probe into Drone, Polysilicon ImportsU.S. Launches National Security Probe into Drone, Polysilicon Imports
Nvidia and AMD Get U.S. Approval to Resume Chip Sales in ChinaNvidia and AMD Get U.S. Approval to Resume Chip Sales in China
EU May Withdraw Digital Tax Plan, Easing Pressure on U.S. Tech GiantsEU May Withdraw Digital Tax Plan, Easing Pressure on U.S. Tech Giants
Meta Declines to Sign EU's Voluntary AI Code Amid Regulatory ImpasseMeta Declines to Sign EU's Voluntary AI Code Amid Regulatory ImpasseMeta has confirmed it will not sign the European Union's voluntary code of conduct for general-purpose artificial intelligence, just two weeks before the bloc's binding Artificial Intelligence Act takes effect on August 2, 2025. The social media giant cited "legal uncertainty" introduced by the voluntary guidelines and argued they exceed the scope of existing regulations, creating potential compliance risks for companies.
Tech Giants Google, Microsoft, OpenAI Expand AI Interfaces for Search and LearningTech Giants Google, Microsoft, OpenAI Expand AI Interfaces for Search and LearningLeading technology companies are rapidly advancing visual and conversational interfaces, integrating generative AI into everyday tools to enhance search and learning experiences. This wave of innovation highlights the industry’s push to make artificial intelligence more accessible and intuitive for global users.
U.S. Department of Defense Becomes Largest Shareholder of MP Materials, Accelerating Domestic Rare Earth Supply ChainU.S. Department of Defense Becomes Largest Shareholder of MP Materials, Accelerating Domestic Rare Earth Supply ChainThe U.S. Department of Defense (DoD) has taken a historic step by acquiring a 15% stake in MP Materials through a $400 million preferred stock purchase, making it the largest shareholder of the U.S.-based rare earth producer . This move aims to address critical national security vulnerabilities by reducing reliance on foreign (particularly Chinese) rare earth supplies, which are essential for advanced military systems, electric vehicles, and renewable energy technologies.
Nintendo Expands Switch Online Playtest Program to 40,000 Users, Teasing New Online Service for Switch and Switch 2Nintendo Expands Switch Online Playtest Program to 40,000 Users, Teasing New Online Service for Switch and Switch 2Nintendo has announced the second iteration of its Switch Online Playtest Program, opening applications on July 18th to 40,000 Switch Online + Expansion Pack members for a closed beta of an unannounced online service. This marks a significant expansion from the 10,000 participants in the 2024 trial, quadrupling the user base to gather broader feedback ahead of a potential full launch. The test will run from July 29th to August 11th, 2025, and supports both the current Nintendo Switch and the upcoming Switch 2, signaling strategic alignment with the next-gen console’s launch plans .
StackSocial Offers Windows 11 Pro Lifetime License for $9.97 Ahead of Windows 10 Support EndStackSocial Offers Windows 11 Pro Lifetime License for $9.97 Ahead of Windows 10 Support EndOnline marketplace StackSocial is currently running a limited-time promotion, offering lifetime license keys for Microsoft Windows 11 Pro at a heavily discounted price of $9.97—down from the original $199. The deal is set to expire on July 20 at 11:59 PM Pacific Time, making it a time-sensitive opportunity for users looking to upgrade their operating systems.
Twitch to Exit Russian Market Amid Regulatory Pressures, Facing $800,000 in FinesTwitch to Exit Russian Market Amid Regulatory Pressures, Facing $800,000 in FinesAmazon-owned live streaming platform Twitch is planning a full withdrawal from the Russian market, citing concerns over economic viability and mounting regulatory pressures, according to recent reports.
Brazilian Retail Rebounds in May: Street Commerce Drives Recovery, Holidays and Climate Play Pivotal RolesBrazilian Retail Rebounds in May: Street Commerce Drives Recovery, Holidays and Climate Play Pivotal RolesSAO PAULO, Brazil, June 25 (News Wire) – Brazil's retail sector staged a recovery in May, with foot traffic at physical stores rising 1.86% year-on-year, marking a significant turnaround from April's 3.99% decline. This rebound was primarily fueled by a robust 3.8% surge in street commerce, according to Seed Digital's Retail Purchase Intent Index (IICV Seed).
Russian Online Pharmaceutical Sales Surge 35.7% in Q1 2025, Driven by Cold Remedies and Smoking Cessation ProductsRussian Online Pharmaceutical Sales Surge 35.7% in Q1 2025, Driven by Cold Remedies and Smoking Cessation ProductsOnline pharmaceutical sales in Russia soared by 35.7% year-on-year in the first quarter of 2025, reaching 139.5 billion rubles, triple the average growth rate of the sector. This marked the first time online drug sales accounted for over 1.15% of the total pharmaceutical market share.
South Korea's Retail Market Rebounds in May: Double-Digit Online Growth, Luxury Goods Drive First Offline Rise in Four MonthsSouth Korea's Retail Market Rebounds in May: Double-Digit Online Growth, Luxury Goods Drive First Offline Rise in Four MonthsSouth Korea's retail sector showed signs of recovery in May, with offline sales returning to growth after a four-month slump, driven by strong demand for high-value products, data from the Ministry of Trade, Industry and Energy revealed on Wednesday.
Global Toy Market to Hit $446B by 2032, Fueled by Tech & Shifting TrendsGlobal Toy Market to Hit $446B by 2032, Fueled by Tech & Shifting TrendsThe global toy market is poised for steady growth, projected to rise from $316.14 billion in 2024 to $445.97 billion by 2032, at a compound annual growth rate (CAGR) of 4.33%, according to latest insights.
Middle East Turmoil Drives Shipping Risks: China-Middle East Container Rates Surge 50%Middle East Turmoil Drives Shipping Risks: China-Middle East Container Rates Surge 50%The ongoing tension and volatility in the Middle East are significantly impacting the global shipping industry. On June 24, former U.S. President Donald Trump announced the immediate 生效 of a ceasefire agreement between Israel and Iran, a move that caused international oil prices—previously soaring due to escalating conflicts—to plunge sharply. However, the region's uncertain situation continues to disrupt the shipping sector.
Niron Magnetics Revolutionizes Magnet Technology with Rare-Earth-Free BreakthroughNiron Magnetics Revolutionizes Magnet Technology with Rare-Earth-Free BreakthroughMinneapolis, July 23, 2025 – Minneapolis-based Niron Magnetics has unveiled a groundbreaking rare-earth-free permanent magnet technology, poised to reshape the global materials landscape. The innovation, utilizing iron-nitrogen composites, matches the performance of conventional neodymium-iron-boron (NdFeB) magnets while eliminating supply chain risks associated with rare earths and reducing production costs.
G20 Pledges Strengthened International Policy CooperationG20 Pledges Strengthened International Policy CooperationG20 finance ministers and central bank governors have issued a joint communiqué, committing to enhance international policy cooperation and sending a signal in support of multilateralism. They emphasized the need to end global trade conflicts soon and called on the U.S. and Europe to reach a fair agreement on tariffs.
U.S. House Approves Two Crypto Bills to Boost LegitimacyU.S. House Approves Two Crypto Bills to Boost LegitimacyOn July 17, the U.S. House passed two key crypto bills, marking the first major step toward formal industry regulations. The moves aim to legalize digital assets and pave their way to mainstream financial status.
Trump's 50% Tariff on Amazon Sparks Fears of Retail UpheavalTrump's 50% Tariff on Amazon Sparks Fears of Retail UpheavalU.S. President Donald Trump has signed an executive order imposing a 50% tariff on all goods sold through Amazon, set to take effect on August 1, 2025. The move, citing Section 301 of the 1974 Trade Act, accuses Amazon of "unfair competitive practices" and "monopolistic behavior."
TikTok Shop US Mid-Year Sale Posts Stellar First-Week Results: Multi-Modes and Categories ThriveTikTok Shop US Mid-Year Sale Posts Stellar First-Week Results: Multi-Modes and Categories ThriveTikTok Shop’s US mid-year promotion has kicked off with a historic first-week performance, breaking records across multiple business models and product categories, according to updates on July 18.
