Starbucks Sells Controlling Stake in China Operations to Boyu Capital in $4 Billion Deal
Starbucks sells a 60% stake in its China operations to Boyu Capital for $4B, retaining 40% and brand rights in a joint venture.
Ethereum Ecosystem Hit by Balancer V2 Exploit and $21 Million Recovered by StakeWise DAO
Balancer V2 pools were exploited; $21M was recovered by StakeWise DAO. Balancer V3 and other pools remain secure. Full reports pending.
Aramco Reports Increase in Third Quarter Net Profit Due to Production Boost
Aramco's Q3 net profit rose 0.9% to $27.98B, beating forecasts, driven by increased production despite weak oil prices.
U.S. Approves Sale of Chips to UAE Under Microsoft Deal
US approved Nvidia chip sales to UAE under Microsoft deal; Microsoft to invest $15.2B in UAE AI and cloud projects by 2030.
Ripple Prime Clients Can Access Instant Cryptocurrency Trading
Ripple now lets U.S. Prime clients trade dozens of cryptocurrencies instantly, expanding beyond XRP after acquiring Hidden Road.
Saudi Arabia Aims to Become a Global Leader in Artificial Intelligence
Saudi Arabia is investing heavily in AI via its 'Humain' company, aiming to be a top global AI hub with major data center deals and partnerships.
UAE Residents Can Mine Bitcoin Through du’s New Cloud Service
UAE's du launches 'Cloud Miner' service, letting residents mine Bitcoin via cloud, with no hardware or high electricity costs, starting Nov 3.
Trump: China and Other Countries Will Not Access Advanced NVIDIA Chips for Artificial Intelligence
Trump said China and others won't access advanced NVIDIA AI chips, stressing US efforts to protect key technology from rivals.
Hong Kong Begins Easing Restrictions on Cryptocurrency Trading
Hong Kong will ease crypto trading rules, letting licensed platforms connect to global order books, aligning with traditional asset regulations.
Donald Trump and Xi Jinping's Agreement: Who Benefits?
Trump and Xi agreed to a 1-year trade truce, easing tariffs, rare earth, and tech restrictions, benefiting both economies but only temporarily.
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