Apple has accused a former engineer for its Vision Pro headset computer of stealing company trade secrets before starting a new job at Snap, according to a lawsuit filed in California last week. In the June 24 court filing, Apple accuses Di Liu, a senior design engineer, of downloading thousands…
Microsoft said Wednesday that it will lay off about 9,000 employees. The move will affect less than 4% of its global workforce across different teams, geographies and levels of experience, a person familiar with the matter told CNBC. The announcement comes on the second day of Microsoft’s 2026 fiscal year.…
Bitget Wallet, the self-custodial digital asset wallet powered by crypto exchange Bitget, has launched a Mastercard-linked card in collaboration with infrastructure provider Immersve. The card allows users to make real-time crypto payments at over 150 million merchants globally, converting digital assets into fiat directly from their wallets.The launch was announced…
UnitedHealth Group Inc (NYSE: UNH) – the largest US health insurer – is trading at a historically attractive valuation at the time of writing.Despite the apparent bargain, however, famed investor Jim Cramer is urging caution in loading up on UNH shares.According to the former hedge fund manager, investors should wait…
The United States Senate on Tuesday finally gave its green light to President Donald Trump’s tax bill, advancing legislation that locks in many of his key policy goals while adding $3.3 trillion to the national debt.The bill will now return to the House of Representatives for final passage. Donald Trump…
President Donald Trump’s multi-trillion-dollar tax and spending package recently advanced closer to enactment following its passage in the Senate. The Senate’s version of the legislation introduced several modifications compared to the earlier House-approved bill, notably including deeper reductions to social safety-net programs and an accelerated timeline for phasing out clean…
Asian stock markets presented a mixed picture at Wednesday’s open, with Japanese equities notably declining after US President Donald Trump threatened fresh tariffs on Japan. In contrast, Singapore’s market surged to a new record high, while investors across the region digested recent comments from US Federal Reserve Chair Jerome Powell.…
On Wednesday, the European Commission is expected to propose an EU climate target for 2040. The proposal will mark the first time that countries will be permitted to utilise carbon credits from developing nations to fulfill a restricted portion of their emissions target, according to a draft. The draft proposal was…
European stock markets started Wednesday’s session on a positive note, with the pan-European Stoxx 600 index moving higher in early deals. The gains were led by a strong rally in mining and banking stocks, alongside a significant jump in wind energy companies, as investors reacted positively to the latest version…
The real-world asset (RWA) tokenization market is experiencing rapid growth, driven by increasing interest from traditional financial institutions, asset managers, and fintech firms. The market is expected to reach $10 trillion by 2030, according to Boston Consulting Group and other major analysts.According to Annelise Osborne, chief business officer at Kadena,…