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Friday, November 21, 2025
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Trump pardons BitMEX co-founders, White House official says

(This March 28 story has been corrected to say that the co-founders failed to implement a Bank Secrecy Act-compliant anti-money laundering program, not violating the Bank Secrecy Act, in paragraph 3)

GlobalFoundries and Taiwanese chipmaker UMC mull potential merger, Nikkei reports

(Reuters) - Taiwan's major chipmaker United Microelectronics and U.S.-based GlobalFoundries are exploring the possibility of a merger, the Nikkei reported on Monday, citing an assessment plan seen by

Temporal Technologies raises $146 million at $1.7 billion valuation

(Reuters) - Temporal Technologies on Monday said it has raised $146 million led by investment firm Tiger Global, valuing the software firm at $1.72 billion. Venture capital funding has remained muted

Chip startup Retym raises $75 million to build chip that will AI connect data centers

By Max A. Cherney SAN FRANCISCO (Reuters) - Chip startup Retym has raised $75 million this year as part of $180 million in total funding the company is using to pursue networking chips for artificial

Google-backed AI drug discovery startup raises $600 million

(Reuters) - Isomorphic Labs, which uses artificial intelligence technologies for drug discovery, has raised $600 million in its first ever external funding round led by Thrive Capital, the startup

United receives FAA approval for first Starlink-equipped airplanes

(Reuters) - United Airlines said Monday the Federal Aviation Administration has approved its first Starlink-equipped aircraft type and that the first commercial flight is planned for May. United said

Hut 8, Eric Trump to launch bitcoin mining company

(Reuters) - Hut 8 said on Monday it had joined hands with President Donald Trump's son, Eric Trump, to launch a bitcoin mining company called American Bitcoin. Miami, Florida-based Hut 8 merged the

Apple hit with $162 million French antitrust fine over privacy tool

By Florence Loeve and Foo Yun Chee PARIS (Reuters) -Apple was hit with a 150 million euro ($162.4 million) fine by French antitrust regulators on Monday for abusing its dominant position in mobile app

Exclusive-Arm expects its share of data center CPU market sales to rocket to 50% this year

By Max A. Cherney SAN FRANCISCO (Reuters) - Arm Holdings expects its share of the global market for data center central processing units to surge to 50% by the end of the year, up from about 15% in

Hedge funds flee techs stocks before tariffs take hold, says Goldman Sachs

By Nell Mackenzie LONDON (Reuters) -Hedge funds last week ditched tech stocks at the fastest pace in six months and at the highest levels in five years, according to Goldman Sachs, as world markets

On Camera

Trump’s 28 points for Ukraine add up to a no-go at peace

Two questions are pertinent: Why does the Trump administration keep making the same mistakes on the peace proposal? And what does a hurried peace plan mean on the ground?

At Charcha 2025: Local entrepreneurship, not just big IT, will drive next wave of distributed AI work

While global corporations setting up GCCs in India continue to express confidence in availability of skilled AI engineers, the panel argued that India’s real challenge lies elsewhere.

Tejas fighter aircraft crashes at Dubai Air Show, IAF confirms pilot’s death

This is the second such incident after a Light Combat Aircraft (LCA) Tejas had crashed into a hostel on the outskirts of Jaisalmer in March last year.

INDIA has a Congress-sized hole. And the fix begins with a little humility

Without a Congress revival, there can be no challenge to the BJP pan-nationally. Modi’s party is growing, and almost entirely at the cost of the Congress.