Chinese tech giants pause stablecoin plans after Beijing steps in, FT reports
Chinese tech giants, including Alibaba-backed Ant Group (688688.SS) and e-commerce company JD.com have halted plans to issue stablecoins in Hong Kong ...
Apple has been named the most valuable brand in the world, with an estimated brand value of USD 574.5 billion, according to Brand Finance’s latest report. The tech giant, which experienced an 11% increase in brand value from 2024, holds a commanding lead over second-placed Microsoft, valued at USD 461.1 billion.
Technology Brands Dominate Rankings
The report highlights the dominance of technology brands in the global market. Four of the top five most valuable brands belong to the tech sector:
1. Apple: USD 574.5 billion (+11% from 2024)
2. Microsoft: USD 461.1 billion (+35%)
3. Google: USD 413.0 billion (+24%)
4. Amazon: USD 356.4 billion (+15%)
5. Walmart: USD 137.2 billion (+42%)
NVIDIA's Breakthrough and High-Growth Brands
Semiconductor giant NVIDIA entered the top ten for the first time, reflecting its meteoric rise in brand value. With a valuation of USD 87.9 billion, up from just USD 4.7 billion in 2020, NVIDIA’s growth underscores the increasing importance of advanced technologies like artificial intelligence and graphics processing in the global economy.
Other brands showing remarkable growth since 2020 include TikTok/Douyin, which grew 79% over four years to a value of USD 105.8 billion, and semiconductor companies AMD and TSMC, which saw their values skyrocket as demand for cutting-edge chips surged.
The Most Rapidly Growing Brands
Brand Finance also spotlighted several brands with extraordinary growth since 2020:
1. DraftKings: USD 5.1 billion (up from USD 18 million)
2. FanDuel: USD 7.0 billion (up from USD 56 million)
3. NVIDIA: USD 87.9 billion (up from USD 4.7 billion)
4. AMD: USD 11.0 billion (up from USD 1.4 billion)
5. BYD: USD 14.0 billion (up from USD 3.1 billion)
The rise of online gambling brands like DraftKings and FanDuel reflects the legalization of online betting in more U.S. states. Meanwhile, the semiconductor sector's rapid expansion, led by NVIDIA, AMD, and TSMC, highlights the industry's critical role in enabling technological innovation.
Key Takeaways
Apple’s leadership in brand value showcases its sustained influence and innovation, while Microsoft and other tech giants demonstrate remarkable growth amid expanding digital transformation. NVIDIA’s entry into the top ten underscores the growing impact of the semiconductor industry in shaping the future of global technology.
At least 69 people have died and almost 150 injured following a powerful 6.9-magnitude earthquake off the coast of Cebu City in the central Visayas region of the Philippines, officials said, making it one of the country’s deadliest disasters this year.
A tsunami threat was issued in Chile after a magnitude 7.8 earthquake struck the Drake Passage on Friday. The epicenter was located 135 miles south of Puerto Williams on the north coast of Navarino Island.
The war in Ukraine has reached a strategic impasse, and it seems that the conflict will not be solved by military means. This creates a path toward one of two alternatives: either a “frozen” phase that can last indefinitely or a quest for a durable political regulation.
A shooting in Nice, southeastern France, left two people dead and five injured on Friday, authorities said.
Snapchat will start charging users who store more than 5GB of photos and videos in its Memories feature, prompting backlash from long-time users.
New Zealand's annual inflation accelerated in the third quarter, reaching 3.0%, which aligns with analysts' expectations and is at the upper end of the central bank's target range, according to official data released on Monday.
On Sunday, the Netherlands' Economy Minister, Vincent Karremans, stated that he expects to meet with a Chinese government official in the coming days to discuss how to resolve the standoff over Nexperia NV, a computer chip maker whose issues are threatening global automotive supply chains.
In the first nine months of this year, 10.2 billion cubic metres of gas were produced from the Azeri-Chirag-Gunashli (ACG) block in the Azerbaijani sector of the Caspian Sea, according to operational data released by the Ministry of Energy.
Apple’s latest smartphone, the iPhone Air, sold out within minutes of its launch in China on Friday, highlighting the brand’s enduring appeal among Chinese consumers despite growing competition from local Android makers.
Wall Street closed lower on Thursday as renewed concerns about regional banks and intensifying U.S.-China trade tensions weighed on investor sentiment, pulling major indexes off recent record highs.
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