Firmus Grid Ltd. abandoned its attempt at one of Australia’s biggest-ever initial public offerings, after the Nvidia Corp.-backed data center company failed to lure global investors who’ve grown increasingly skittish over frothy AI valuations.

The purchase, revealed in his latest financial disclosure, involved a firm directly affected by his administration’s actions — and led by presidential ally Elon Musk.

The Trump administration is suspending tech giant Microsoft from a program to apply for green cards for workers who come to the U.S. to live and work using H-1B visas, accusing the company of fraud. Vice President JD Vance said Thursday, “If you do the math, …

Nasdaq CEO Adena Friedman said tokenization could free up tens of billions of dollars in trapped capital.

A new film paints the Meta founder as a villain. But the tech firm seems immune to bad publicity, writes our North America tech correspondent.

Together, the awardees have donated nearly $6 billion to efforts tied to Trump and his administration.

Asian stocks dropped, tracking declines on Wall Street, as speculation about OpenAI’s revenue revived concerns over the sustainability of the artificial-intelligence spending boom. Oil edged lower.

SpaceX is acquiring a portfolio of low-band spectrum that the company says will “pave the way” for Starlink Mobile to become a major US carrier.

A tie-up would reunite Starbucks CEO Brian Niccol with the company he led before he took the helm at the coffee giant.