US Government Urges Apple to Halt Plans to Source Memory Chips From China, WSJ Reports

The US government has reportedly urged Apple to stop plans to source memory chips from Chinese manufacturers, according to The Wall Street Journal, adding another layer of tension to the technology supply chain between Washington and Beijing. Apple has been testing memory chips produced by Chinese semiconductor companies CXMT and YMTC as the company looks…

Norway’s $428 Million Crypto-Linked Bet Gives Fund Indirect Bitcoin and Ethereum Exposure

Norway’s massive sovereign wealth fund has disclosed roughly $428 million in holdings of Strategy and BitMine, giving the world’s largest sovereign wealth fund indirect exposure to both Bitcoin and Ethereum. The investments were revealed through the fund’s latest holdings disclosures and highlight how major institutional investors can gain exposure to cryptocurrencies without directly purchasing the…

Berkshire Hathaway Raises Alphabet Stake 83% to $37.8 Billion

Warren Buffett’s Berkshire Hathaway has significantly increased its investment in Alphabet, the parent company of Google and YouTube, making the technology giant the conglomerate’s third-largest publicly traded stock holding. In a regulatory filing released Friday, Berkshire disclosed that it owned nearly 106 million Alphabet shares worth approximately $37.8 billion as of June 30. That represents…

US Senate Launches Investigation Into Roblox Over Child Safety Concerns

The United States Senate has opened an investigation into Roblox over concerns that the gaming platform may have prioritised revenue and user engagement over the safety of children. The bipartisan investigation was launched by Senators Josh Hawley, Republican of Missouri, and Dick Durbin, Democrat of Illinois, who lead the Senate Judiciary Subcommittee on Crime and…

Marvel Studios Plans to Cut Back on Live-Action Disney+ Shows

Marvel Studios is reportedly preparing to reduce the number of new live-action series it produces for Disney+, marking a significant shift from the studio’s earlier strategy of expanding the Marvel Cinematic Universe through frequent streaming releases. According to a new report from Collider, the change is expected to take effect after “VisionQuest,” the upcoming Disney+…

Bill Gates’ Daughter’s Phia App Faces Scrutiny Over Alleged ‘Cookie Stuffing’ Scheme

Phoebe Gates, daughter of Microsoft co-founder Bill Gates, is facing growing scrutiny after her shopping startup, Phia, was accused of using software features that allowed it to claim commissions from online sales it did not actually generate. Phia, an AI-powered shopping assistant co-founded by Gates and Sophia Kianni, earns money through affiliate commissions when shoppers…