Computer HardwareManufacturing

Microsoft Reportedly Shifting Surface and Xbox Manufacturing Amid Trade Tensions

Microsoft is reportedly relocating its Surface device and Xbox console manufacturing out of China, sources indicate. The move responds to escalating U.S.-China trade tensions and aims to stabilize long-term production costs.

Microsoft’s Major Manufacturing Shift

Technology giant Microsoft is preparing to move significant portions of its hardware production out of China, according to reports from The Verge citing details from Nikkei. The relocation affects both the Surface device lineup and Xbox console manufacturing, with sources indicating the company is seeking to reduce geopolitical risks and potential tariff impacts.

Business AcquisitionEconomy and Trading

Global Ultra-Wealth Hits $60 Trillion as Younger Generations Reshape Investment Strategies

The global population of ultra-high-net-worth individuals has reached over 510,000 people controlling nearly $60 trillion in combined assets. According to new data, younger generations are rapidly changing investment approaches, favoring technology, venture capital, and lifestyle assets over traditional holdings.

Global Wealth Concentration Reaches New Heights

The world’s wealthiest individuals now control approximately $60 trillion in combined assets, according to reports from Altrata’s World Ultra Wealth Report 2025. Sources indicate that 510,810 ultra-high-net-worth individuals (UHNWIs) – each with assets exceeding $30 million – collectively hold wealth equivalent to double the entire US GDP. This represents a significant concentration of global resources among a relatively small population segment.