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May 27, 2025

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Samsung is actively pursuing strategic moves on multiple fronts to bolster its technological prowess and market reach, with its investment arm reportedly in talks to back US health-care innovator Exo Imaging Inc., even as Samsung Electronics finalizes a major acquisition in the HVAC sector.

Samsung Electronics Co.’s investment division, Samsung Ventures Investment Corp., is reportedly among a consortium of firms looking to invest in Exo Imaging Inc., a US-based company specializing in health-care software and devices.

According to people familiar with the matter who spoke to Bloomberg, Samsung Ventures may participate in a private fundraising round for Exo.

This round is said to be led by Sands Capital, Bold Capital, and Qubit Health Capital.

The sources, who requested anonymity due to the private nature of the information, indicated that Santa Clara, California-based Exo could secure approximately $100 million in total funding from this round.

In a significant development tied to this potential investment, Qubit Health Chairman Omar Ishrak is also reportedly set to join Exo’s board.

Ishrak brings a wealth of experience to the role, having previously served as chief executive officer at Medtronic Plc and headed General Electric Co.’s health-care business.

Furthermore, Exo is said to be in discussions for a potential partnership with Samsung Medison Co., a Samsung subsidiary renowned for its ultrasound diagnostic devices and its sales of digital X-ray systems and scanners.

These discussions, along with the investment details, are reportedly ongoing, and the specifics could change, the people familiar with the matter cautioned.

When approached for comment, Samsung declined, while Exo, Sands Capital, Bold Capital, and Qubit Health Capital did not respond to requests. Ishrak also did not immediately respond.

Samsung Electronics acquires FläktGroup for €1.5 billion

In a separate but significant strategic maneuver, Samsung Electronics announced on May 14 its agreement to acquire all shares of FläktGroup, a leading global provider of Heating, Ventilation, and Air Conditioning (HVAC) solutions, from European investment firm Triton for €1.5 billion.

This acquisition underscores Samsung’s commitment to expanding and fortifying its presence in the rapidly growing global applied HVAC market.

“Through the acquisition of FläktGroup, an applied HVAC specialist, Samsung Electronics has laid the foundation to become a leader in the global HVAC business, offering a full range of solutions to our customers,” stated TM Roh, Acting Head of the Device eXperience (DX) Division at Samsung Electronics.

Our commitment is to continue investing in and developing the high-growth HVAC business as a key future growth engine.

FläktGroup, headquartered in Herne, Germany, boasts over a century of technological expertise and design capabilities.

The company offers a diverse range of products and solutions tailored to various customer needs, supplying high-reliability and high-efficiency HVAC systems to a wide array of buildings and facilities.

These include critical environments such as data centers requiring stable cooling, museums and libraries managing sensitive historical artifacts, high-traffic airports and terminals, and large hospitals where hygiene, temperature, and humidity control are paramount.

FläktGroup’s strength in data centers and specialized industries

FläktGroup has established a strong reputation in the global large-scale data center market, achieving high customer satisfaction through its product performance, reliability, and service support.

This has translated into substantial revenue growth for the company over the past three years.

FläktGroup’s data center solutions feature industry-leading liquid cooling and air cooling products, which have enabled customers to reduce energy consumption and contribute to achieving lower carbon footprint goals.

Last year, FläktGroup’s innovative technologies were recognized with the DCS Cooling Innovation of the Year Award at the DCS Cooling Awards.

Trevor Young, CEO of FläktGroup, expressed enthusiasm about the acquisition:

We are extremely pleased that FläktGroup has become a part of Samsung Electronics. FläktGroup, as a global top-tier HVAC specialist with over a century of expertise, has been relied on by global large clients for its technological and product innovations. Now, with Samsung Electronics’ global business foundation and investment, we expect to further accelerate our growth.

Beyond data centers, FläktGroup has cultivated a diverse portfolio of over 60 large customers, including leading pharmaceutical companies, biotech and food and beverage firms, and gigafactories, showcasing its broad market applicability and established client base.

The post Samsung to invest in US health-care software and device company Exo? What we know appeared first on Invezz

Here’s a quick recap of the crypto landscape for Monday (May 26) as of 9:00 p.m. UTC.

Get the latest insights on Bitcoin, Ethereum and altcoins, along with a round-up of key cryptocurrency market news.

Bitcoin and Ethereum price update

Bitcoin (BTC) was priced at US$109,039 as markets closed, up 1.2 percent in 24 hours. The day’s range for the cryptocurrency brought a low of US$109,003 and a high of US$110,162.

Bitcoin performance, May 26, 2025.

Chart via TradingView.

Ethereum (ETH) finished the trading day at US$2,540.88, a 0.7 percent increase over the past 24 hours. The cryptocurrency reached an intraday low of US$2,534.30 and saw a daily high of US$2,567.88.

Altcoin price update

  • Solana (SOL) closed at US$174.15, up 1.1 percent over 24 hours. SOL experienced a low of US$174.12 in the final minutes of trading and reached a high of US$178.07.
  • XRP is trading at US$2.31, reflecting a 0.2 percent increase over 24 hours. The cryptocurrency reached a daily low of US$2.30 and a high of US$2.33.
  • Sui (SUI) peaked at US$3.47, showing a decreaseof 1.9 percent over the past 24 hours. Its lowest valuation on Monday was US$3.59.
  • Cardano (ADA) is trading at US$0.7549, up 0.9 percent over the past 24 hours. Its lowest price of the day was US$0.7547, and it reached a high of US$0.7688.

Today’s crypto news to know

Could soaring debt send Bitcoin to US$1 million by 2030?

Prominent voices are calling for US$1 million Bitcoin by the end of the decade, a Cointelegraph post shows.

ARK Invest CEO Cathie Wood sees Bitcoin hitting US$1.5 million by 2030 in a high-conviction ‘bull case’ scenario, driven upward by institutional adoption and the coin’s unique monetary properties.

Robert Kiyosaki has echoed the million-dollar prediction, linking it to surging US debt and potential economic collapse, which he says will push investors to safe-haven assets like Bitcoin, gold and silver.

“I strongly believe, by 2035, that one Bitcoin will be over US$1 million, Gold will be US$30,000, and silver US$3,000 a coin,” the financial author posted on X, formerly Twitter, in mid-April.

“We have been quite bullish over the last five or six weeks. We have been bearish coming out of the Trump inauguration in February, but we turned quite bullish,” 10x Research CEO Markus Thielen told Cointelegraph on May 22.

If momentum continues, 2025 could mark Bitcoin’s most aggressive bull run to date. Still, volatility remains a key wildcard, especially as political and macroeconomic dynamics evolve.

Trader behind US$1 billion Bitcoin bet goes all in on PEPE memecoin

Pseudonymous trader ‘James Wynn,’ better known as “moonpig” on the decentralized exchange Hyperliquid, has become one of the most talked-about crypto traders after flipping from a billion-dollar Bitcoin bet to a US$1 million leveraged bet on memecoin PEPE. Days ago, Wynn closed a US$1.2 billion Bitcoin long position with a US$17.5 million loss, then doubled down on a US$1 billion short position using 40x leverage, netting US$3 million as Bitcoin dipped.

After posting about US$25 million in total profit from his trading spree, Wynn announced he’s walking away from perpetual trading. This type of trading involves derivatives contracts without an expiry date.

His latest PEPE trade, however, has already gained US$500,000 as the token jumped 6 percent in just a few hours.

The on-chain transparency of Wynn’s trades has captivated X users, turning him into a meme icon.

Strategy acquires more Bitcoin, faces legal challenges

Michael Saylor’s Strategy (NASDAQ:MSTR) has acquired an additional 4,020 BTC.

They were purchased between May 19 and 23 for US$427.1 million, as per a Monday announcement. These latest purchases were made at an average price of US$106,237 per BTC.

This marks Strategy’s fourth Bitcoin acquisition in May, bringing its total holdings to 580,250 BTC, acquired for approximately US$40.6 billion at an average price of US$69,979 per coin.

This Bitcoin acquisition occurred after Strategy director Jarrod Patten sold 2,650 Strategy shares worth nearly US$1.1 million between May 16 and 21, according to a report filed by Strategy on May 22.

Meanwhile, Strategy’s shares were down by over 10 percent last week, falling after a class-action lawsuit filed on May 16 alleged the misrepresentation of Bitcoin investments. The plaintiffs are seeking to recover losses for shareholders purportedly affected by securities fraud between April 2024 and April 2025.

Trump Media’s potential US$3 billion crypto acquisition plan

Trump Media and Technology Group (NASDAQ:DJT) is planning to raise US$3 billion to buy Bitcoin and other cryptocurrencies, according to a Monday report from the Financial Times.

According to the report, which cites six anonymous insiders, Trump Media is aiming to raise US$2 billion in fresh equity and another US$1 billion through a convertible bond.

ClearStreet and BTIG are among the brokers that could serve as underwriters on the deal.

The official announcement could come during Bitcoin 2025, taking place in Las Vegas this week. US Vice President JD Vance, Donald Trump Jr. and Eric Trump are expected to make appearances, along with David Sacks. The Bitcoin 2024 conference, which was held in Nashville, was where Trump made a highly publicized announcement about making the US the crypto leader of the world, a major turning point for his engagement with the crypto community.

Neither the Trump administration nor representatives for Trump Media have confirmed the story.

Musk starts X Money beta testing

Elon Musk has begun beta testing of X Money, a payment and banking app he is building into his social media platform X. The news was confirmed via social media post on Sunday (May 25) from an account called Tesla Owners Silicon Valley, which is not owned or operated by Musk or by Tesla (NASDAQ:TSLA); however, Musk confirmed the test, writing that access will be “very limited” due to the “extreme care” that must be taken with users’ savings.

The features and functionalities of X Money during this initial beta testing phase remain undisclosed, but integration of a payment and banking app into X represents a significant step toward Musk’s vision of an “everything app.’

Pakistan to dedicate 2,000 MW to Bitcoin mining, AI infrastructure

Pakistan’s finance ministry announced that it will allocate 2,000 megawatts (MW) of electricity to power Bitcoin-mining and artificial intelligence data centers. The initiative is being spearheaded by the government-backed Pakistan Crypto Council and is part of a national plan to monetize surplus electricity and modernize the economy.

Officials say the plan will not only alleviate grid imbalances, but also create tech-focused jobs and attract foreign investment. This marks one of the most ambitious state-backed crypto infrastructure moves by a developing country.

If successful, it could help position Pakistan as a regional hub for digital assets and artificial intelligence development. It also comes amid wider energy reforms aimed at revitalizing the nation’s troubled power sector.

Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.

Securities Disclosure: I, Meagen Seatter, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com

Despite assurances from Trump administration officials that farmers will not be impacted by its attempts to reduce environmental chemical exposure from foods, agricultural leaders have been expressing concern that the move will explode costs for farmers and more than double the cost of food. 

The administration’s Make America Healthy Again (MAHA) Commission, made up of many of President Donald Trump’s political appointees and closest policy advisors, released an assessment strategizing how they will tackle childhood chronic diseases, such as obesity and mental health challenges. Part of the report’s focus is on children’s chemical exposure from our foods, which the report says is linked to developmental issues and chronic diseases.   

Amid the report’s release, farm groups have expressed concern over the MAHA agenda’s focus on pesticides. They have said that if the administration starts clamping down on widely used pesticides, crop yields would decline, input costs would surge and food costs would more than double.

‘Farmers are already facing a host of challenges—uncertainty about their access to critical crop protection products shouldn’t be added to the list,’ said Elizabeth Burns-Thompson, Executive Director of the Modern Ag Alliance. ‘Crop protection tools are not only safe, they are essential to food security, affordability, and the survival of family farms all across this country. Losing access to these critical inputs would be a devastating setback to American agriculture.’

Officials from the MAHA Commission sought to reassure farmers at an event releasing their assessment on childhood chronic diseases on Thursday. Agriculture Secretary Brooke Rollins said that ‘at the center’ of the MAHA agenda is ‘making American agriculture great again.’

‘We love our farmers, and we want to pay respect to our farmers. And we always will,’ President Trump added at the Thursday event from the White House. ‘We won the farmers by a lot in the election, and every election, all three elections – and we won by a lot. I will never forget that. And they are foremost in our thought.’

But some farmers are still expressing concern.

 

‘The Make America Healthy Again Report is filled with fear-based rather than science-based information about pesticides. We are deeply troubled that claims of this magnitude are being made without any scientific basis or regard for a long history of EPA expert evaluations of these products,’ the National Corn Grower’s Alliance (NCGA) said. ‘We call on the administration to respect the existing body of science on pesticides and, moving forward, to include America’s farmers in discussion as this process evolves.’ 

According to a statement put out by the Modern Ag Alliance, pesticides are ‘rigorously tested’ by the federal government, noting that in the case of glyphosate – mentioned multiple times in the MAHA report – it is one of the most thoroughly studied pesticides of its kind. 

They said that if the MAHA report drives future policy decisions it would hurt farmers and more than double the cost of food.

‘Without glyphosate—the most widely used weed-fighting tool by U.S. farmers—crop yields would decline, input costs would surge by 150%, and food inflation would more than double,’ the group said. ‘When Sri Lanka prohibited the use of synthetic pesticides and fertilizers in 2021, crop yields fell by over 50%, forcing the government to import massive amounts of food just to meet basic needs. We should be focused on moving American agriculture—and the country—forward.’

Health Secretary Robert F. Kennedy Jr., who has been a vocal opponent against the dangerous health impacts of under-regulated pesticides even before he was the MAHA Commission’s leader, said last week in a Senate hearing that ‘we cannot take any step that will put a single farmer in this country out of business.’

‘There’s a million farmers who rely on glyphosate,’ he said. ‘100% of corn in this country relies on glyphosate. We are not going to do anything to jeopardize that business model.’ 

The MAHA report reiterates the economic importance of protecting farmers, but it also lists glyphosate in an infographic of ‘Chemical Classes and Common Exposure Pathways’ and says research studies have shown it can cause a range of health effects. It also lists atrazine and other chemicals as dangerous to childhood health.   

MAHA Commission officials have said that part of the administration’s focus will be a return to the gold standard of science, but the NCGA said the focus on certain widely-used pesticides, such as atrazine and glyphosate, goes against ‘decades of extensive research and testing.’

‘If the administration’s goal is to bring more efficiency to government, then why is the secretary of Health and Human Services duplicating efforts by raising questions about pesticides that have been answered repeatedly through research and reviews by federal regulatory bodies?’ the group questioned.

Jennifer Galardi, a senior policy analyst focused on health and wellness issues at the Heritage Foundation, took a more balanced view of the MAHA commission’s strategy towards pesticides like glyphosate, noting that it appeared to thread the needle between supporting farmers and trying to ensure America’s food supply is safe and free of chemicals that could impact child health. 

‘The MAHA Commission Report seems to carefully examine competing issues in a very complex agricultural debate: the potential that crop protection tools as they’re referred to in the report may cause adverse health outcomes and the desire to protect the economic interests of farmers and the country,’ Galardi said. ‘However, everyone should agree that the companies that manufacture products such as glyphosate and GMO’s shouldn’t have undue influence over the research upon which sound policy is based. The American public should demand transparency around these decisions.’

Galardi posited that, due to the tension around the issue of pesticides, the MAHA Commission may decide to go after ‘low-hanging fruit,’ such as improving children’s diets and lack of physical activity, which, she said, are big drivers of obesity and metabolic dysfunction.

In response to this article, a USDA spokesperson sent the following statement from Secretary Rollins:

‘We must do more to improve the health outcomes of our kids and families, and President Trump knows agriculture is at the heart of the solution. America’s farmers and ranchers dedicate their lives to the noble cause of feeding their country and the world, and in doing so have created the safest and most abundant and affordable food supply in the world. We are working to make sure our kids and families are consuming the healthiest food we produce. I look forward to continuing to work with Secretary Kennedy and other members of the MAHA Commission to improve our nation’s health.’

White House spokesman Kush Desai, in a separate statement, echoed Rollins’ sentiment about the importance of agriculture and farmers when it comes to executing the MAHA mission. He also reiterated that the MAHA movement is grounded in ‘Gold Standard of Science.’

‘The guiding principle of President Trump’s movement to Make America Healthy Again is the Gold Standard of Science, and everyone from America’s farmers to everyday parents are critical for the success of this movement,’ Desai said. ‘The MAHA Commission’s report is a historic step by our government to, for the first time, comprehensively review the latest evidence and research of what we know – and what we don’t know – is driving the health crisis afflicting America’s children.’

This post appeared first on FOX NEWS