Trump and Lutnick Praise TSMC’s $100B U.S. Investment
Trump and Lutnick Praise TSMC’s $100B U.S. Investment. On Monday, former U.S. President Donald Trump and Commerce Secretary Howard Lutnick joined Taiwan Semiconductor Manufacturing Company (TSMC) CEO C.C. Wei to announce the company’s $100 billion investment in U.S. semiconductor manufacturing. Trump and Lutnick praised the investment as a significant move toward strengthening America’s role in […]
Business Owner Faces 20 Years for Attempting to Export Military Tech to China
Business Owner Faces 20 Years for Attempting to Export Military Tech to China. David C. Bohmerwald, 63, owner of the electronics resale company Components Cooper Inc., pleaded guilty to attempting to illegally export accelerometer technology with military applications to China without the proper license. This violation of the Export Control Reform Act (ECRA) could result […]
Apple’s iPhone 16e to Boost Revenue Growth, Predicts Leading Analyst.
Apple’s iPhone 16e to Boost Revenue Growth, Predicts Leading Analyst. In a recent post on X, analyst Gene Munster shared insights on Apple’s upcoming iPhone 16e, forecasting that the new model will significantly drive revenue growth for the tech giant in fiscal year 2025 (FY25). Munster, a well-known voice in the tech investment world, provided […]
Prince Andrew, ‘security risk’ financier, works on £8B venture with ex-Russia Ambassador after Chinese spy scandal
Prince Andrew, ‘security risk’ financier, works on £8B venture with ex-Russia Ambassador after Chinese spy scandal. Prince Andrew is now involved in a multi-billion-pound Middle East investment venture alongside a former Russian ambassador, who is considered a national security threat. This comes after revelations about the Duke’s ties to a suspected Chinese spy, raising alarms […]
China Constructs Vast Wartime Military Command Centre in Beijing
China Constructs Vast Wartime Military Command Centre in Beijing. China is constructing an enormous military complex in the western part of Beijing, which US officials believe will function as a wartime command centre. According to the Financial Times, the new facility could eventually surpass the Pentagon in size. Satellite images analysed by US intelligence agencies […]
Jack Ma Net Worth
Jack Ma Net Worth: $23 billion Jack Ma, 60, is one of China’s most famous entrepreneurs, renowned for founding Alibaba Group, a global leader in e-commerce and technology. With a net worth of approximately $23 billion as of 2025, Ma’s journey from humble beginnings to becoming a billionaire is a true testament to his perseverance […]
Yvette Wang Sentenced to 10 Years for $1 Billion Fraud Scheme Tied to Exiled Tycoon Miles Guo
Yvette Wang Sentenced to 10 Years for $1 Billion Fraud Scheme Tied to Exiled Tycoon Miles Guo. Yvette Wang, a Chinese national and former chief of staff to exiled business tycoon Miles Guo, has been sentenced to 10 years in prison for her pivotal role in orchestrating a massive fraudulent scheme that defrauded investors of […]
Alibaba Reaches $433.5 Million Settlement in Shareholder Class Action Lawsuit
Alibaba Reaches $433.5 Million Settlement in Shareholder Class Action Lawsuit In a significant development for the e-commerce giant Alibaba Group, the company has reached a settlement of $433.5 million to resolve a class action lawsuit brought by shareholders. The lawsuit accused Alibaba of misleading investors regarding its exclusivity practices, which allegedly violated federal securities laws. […]