Tech Turmoil: Crypto Hits $4 Trillion, SpaceX’s 8,000 Satellites & More Non-AI Bombshells (July 18–19, 2025)
In July 2025, Defense Secretary Pete Hegseth ordered Microsoft to halt China-based engineering on Pentagon cloud work, with Frank Shaw saying no China-based teams will provide technical assistance and the involvement ending immediately. Blackstone withdrew from the TikTok US sale bid led by Susquehanna and General Atlantic, a consortium that could have given US owners an 80% stake, as the forced divestment deadline was pushed to Sept. 17. On July 21, 2025, India’s Enforcement Directorate summoned Google and Meta executives for questioning in a probe into illicit online betting ads and whether the platforms accepted payments to promote them. Nvidia