Blog - Globalbusinessmeet

April 15, 2025
Arpan Rai
Artificial Intelligence

Republican senators in the US urge the Trump administration to oppose Biden’s AI chip rule

In a letter to the U.S. Commerce Secretary Howard Lutnick, seven Republican U.S. senators have also urged him to revoke a Biden administration rule that would prohibit AI chip...

April 14, 2025
Roshan Shriwastav
Blockchain

“CZ Fights Back Against Allegations of Plea Deal Evidence in Binance Case”

CZ, the founder of Binance, has utterly disputed claims that, in a plea deal with US officials, he provided information on other big names in the cryptocurrency world, including...

April 14, 2025
Roshan Shriwastav
Fintech

“Fintech Startups Call for MDR on UPI: Is Free UPI at Risk?”

The Indian fintech companies are pushing for the restoration of Merchant Discount Rate (MDR) on the Unified Payments Interface (UPI) transactions as they argue that the zero MDR policy...

April 14, 2025
Roshan Shriwastav
Artificial Intelligence

“Canva Launches AI-Enhanced Spreadsheet Tool to Compete with Microsoft Excel”

Given that it has been a market specific turkey fight of sorts between Google Docs and Microsoft Word for as long as I can remember, Anva’s big move into...

April 13, 2025
Arpan Rai
Funding

Nvidia and Alphabet invest in Sutskever’s SSI, a co-founder of OpenAI

Almost a year after its fateful launch, Sutskever’s latest co-founded company, Safe Superintelligence (SSI), has surged to become one of the most valuable artificial intelligence companies (with backing of...

April 13, 2025
Arpan Rai
Blockchain

Binance tries to minimize US control in negotiations with Trump’s cryptocurrency firm

Binance executives met with US Treasury officials last month to discuss relaxing government regulation of the company while also pursuing a business partnership with President Donald Trump’s crypto venture,...

April 13, 2025
Roshan Shriwastav
Blockchain

US Social Security Transitions to X for Public Communication Following DOGE-Led Staff Reductions

The same is true regarding the organizational structure and communication strategy of the Social Security Administration (SSA). The plans to stop conducting traditional press releases and ‘Dear Colleague’ letters...

April 13, 2025
Roshan Shriwastav
Fintech

Is Stripe Becoming a Bank? Not According to Stripe

Stripe’s application for a banking license in the United States has been drawing attention for a well known payment processing business. However, given the uncertainty stemming from the move,...

April 13, 2025
Roshan Shriwastav
Funding

Peter Thiel’s Founders Fund Closes $4.6B for Startup Investments

Founders Fund Growth III was the latest class of Founders Fund, getting backing for Peter Thiel’s new $4.6 billion growth-stage fund for later stage startups such as artificial intelligence...

The CEO of Intel invested in hundreds of Chinese businesses, some of which had connections to the military

April 11, 2025
Arpan Rai
Technology

Intel CEO invested in hundreds of Chinese firms, including some with military ties

The recently appointed CEO of Intel, Lip Bu Tan, has invested in at least hundreds of Chinese technology companies, including several connected to China’s People’s Liberation Army and Semiconductor...