Greer ‘Disappointed’ in EU Treatment of US Tech After Trade Deal

Operation Bluebird has announced plans to revive the Twitter brand, which Elon Musk abandoned in 2023 when he rebranded the platform as X. This initiative aims to reclaim a well-known social media identity that has significant cultural and historical relevance.

Intel has lost its latest legal challenge against a 16-year-old antitrust case initiated by the European Union, which has significant implications for the company's operations in Europe. This ruling reinforces the EU's long-standing scrutiny of Intel's business practices in the semiconductor market.

Jeff Bezos and Elon Musk are in a competitive race to establish data centers in space, aiming to capitalize on the burgeoning trillion-dollar market for cloud computing and data storage. This initiative reflects their ongoing commitment to innovation in the technology sector, particularly in leveraging space for commercial applications.

The European Union has upheld a significant antitrust ruling against Intel, reducing the company's fine from €1.06 billion to €237 million, stemming from anticompetitive practices identified two decades ago. This decision reflects ongoing scrutiny of Intel's business practices within the EU regulatory framework.

The European Union has announced a commitment to reduce carbon emissions by 90 percent by the year 2040, marking a significant step in its environmental policy. This pledge aligns with global efforts to combat climate change and transition towards sustainable energy sources.

The Federal Reserve is anticipated to implement a 25 basis point rate cut in its final decision of the year, with Kevin Hassett, Director of the National Economic Council, suggesting there is potential for a larger reduction. This comes as Hassett is viewed as a leading candidate to succeed Jerome Powell as Fed Chair.

President Trump has authorized Nvidia to sell its advanced H200 AI chips to approved customers in China, effectively lifting a previous export ban imposed due to national security concerns. This decision marks a significant shift in U.S. technology export policy, raising questions about the balance between economic interests and security.

David Bailey, CEO and Chairman of KindlyMD, predicts that half of digital-asset treasury firms (DATs) will consolidate by next year, highlighting a significant shift in the cryptocurrency sector. This statement was made during his appearance on Bloomberg Crypto, where he discussed the evolving landscape of digital assets.