Author: i2wtc
Jeff Bezos gestures as he leaves Aman Venice hotel, ahead of his expected wedding, in Venice, Italy, on June 25, 2025.Guglielmo Mangiapane | ReutersJeff Bezos is bringing in a veteran Amazon executive to oversee his $10 billion climate and biodiversity fund.Tom Taylor, who previously ran Amazon’s Alexa voice assistant division, will serve as the new president and CEO of the Bezos Earth Fund, the former tech executive wrote in a LinkedIn post on Tuesday. Taylor announced his retirement from Amazon in 2022 after roughly 23 years at the company, which also included a role overseeing the third-party seller services unit.”I…
Shayne Coplan, founder and chief executive of Polymarket, speaks during the New York Times annual DealBook summit at Jazz at Lincoln Center on December 04, 2024 in New York City. Michael M. Santiago | Getty ImagesTwo federal investigations of the online prediction betting site Polymarket have been closed with no charges filed against the cryptocurrency-based marketplace, a person familiar with the matter told CNBC on Tuesday.”Polymarket has received declination notices from the U.S. Justice Department and Commodity Futures Trading Commission related to investigations into the company,” said the person, who was granted anonymity to discuss non-public actions. The company declined to…
Listen to article Police in Karachi’s Defence area have arrested another domestic worker accused of drugging household members and looting their valuables, with investigators revealing that she had amassed wealth through similar crimes in both Karachi and Rawalpindi, Express News reported on Tuesday. According to South Investigation SSP Ali Hassan, the suspect — identified as Farzana Kausar alias Mehreen — allegedly stole jewellery worth Rs6.5 million from a bungalow in Karachi before fleeing the city. She was later traced and apprehended through technical surveillance. During interrogation, police said, the accused confessed to administering drug-laced green tea to the family members, rendering them…
Jakub Porzycki | Nurphoto | Getty ImagesFairshake, the cryptocurrency industry’s most powerful political action committee, announced Tuesday that it now holds more than $141 million in cash on hand, underscoring the sector’s growing influence as Congress takes up landmark legislation this week.The total, which includes liquid assets like crypto, stock, and cash, reflects a surge of donations from digital asset executives and firms, including a fresh $25 million from Coinbase.Fairshake and its two affiliated PACs — Defend American Jobs and Protect Progress — have raised $109 million since Election Day in 2024 and $52 million during just the first half…
Jamie Dimon, CEO of JPMorgan Chase, leaves the U.S. Capitol after a meeting with Republican members of the Senate Banking, Housing and Urban Affairs Committee on the issue of de-banking on Feb. 13, 2025.Tom Williams | Cq-roll Call, Inc. | Getty ImagesJPMorgan Chase CEO Jamie Dimon says he doesn’t get the appeal of stablecoins, but he also can’t afford to stay on the sidelines.It’s the message Dimon gave Tuesday when asked during an earnings conference call about whether his company, the largest and most influential U.S. bank, was exploring the payment technology.Stablecoins, as the name suggests, are a type of…
Listen to article ISLAMABAD: The federal government has once again raised petrol and diesel prices, following a continued upward trend in global crude oil prices. According to a notification issued by the Finance Division late Tuesday night, petrol price has been raised by Rs5.36 per litre, while diesel has been increased by Rs11.37 per litre. The price of petrol has increased from Rs266.79 to Rs272.15 per litre, while high-speed diesel (HSD) now costs Rs284.35 per litre, up from the previous Rs272.98. This revision will take effect immediately from July 16 for next 15 days, impacting millions of motorists and transport operators across…
Howard Lutnick, U.S. Secretary of Commerce speaks during the Pennsylvania Energy And Innovation Summit 2025 at Carnegie Mellon University in Pittsburgh on July 15, 2025.David A. Grogan | CNBCCommerce Secretary Howard Lutnick on Tuesday said the Trump administration reversed course on allowing Nvidia to sell its AI chips to China because the U.S. company will not be giving over its best technology.Lutnick made the remark speaking with CNBC’s Brian Sullivan, saying that Nvidia wants to sell China its “fourth best” chip, which is slower than the fastest chips that U.S. companies use.”We don’t sell them our best stuff, not our…
Storm clouds hover over the U.S. Capitol on July 1, 2025 in Washington, DC.Chip Somodevilla | Getty ImagesSeveral cryptocurrency-related bills backed by President Donald Trump failed to clear a key procedural hurdle in the House of Representatives on Tuesday, dealing a major blow to the crypto industry.The final vote on the rule was 196-223, with 13 Republicans voting with Democrats to block the procedural motion. The measure cannot move forward until the House approves the rule, which governs debate for legislation. House leadership tentatively plans to hold another vote later in the day Tuesday to advance the legislation.It was unclear…
Portland Fire’s new logo and the return of its original team name.Courtesy: Portland Fire | WNBAPortland’s WNBA expansion team on Tuesday unveiled its new branding and name — the Portland Fire — a rekindling of the city’s previous WNBA team that played from 2000 to 2002.The new logo features a rose on fire, a reference to Portland’s nickname as the “Rose City,” merged with the “unrelenting intensity of flame,” according to a release by the WNBA. The team colors are red, brown, blue and pink.”As a city that has long championed women’s sports, Portland is ready to reclaim its place…
JoeBen Bevirt, founder and CEO of Joby Aviation, stands near an electric air taxi by Joby Aviation at the Downtown Manhattan Heliport in Manhattan, New York City, U.S., November 12, 2023.Roselle Chen | ReutersJoby Aviation is ramping up its manufacturing capabilities in the U.S. as it races to roll out air taxi service in 2026.The electric vertical takeoff and landing (eVTOL) maker said Tuesday that it’s launching production at its remodeled components facility in Dayton, Ohio, and plans to double capacity at its Marina, California, manufacturing hub.”Reimagining urban mobility takes speed, scale, and precision manufacturing. Our expanded manufacturing footprint in…