Technology

Gilead to buy Germany's Tubulis for up to $5 billion to boost cancer pipeline

Gilead said on Tuesday it would acquire Germany-based Tubulis GmbH for up to $5 billion, as it looks to strengthen its cancer drugs pipeline.

Super Micro begins independent probe after criminal case against co‑founder, others

Super Micro said on Tuesday it had begun an independent investigation into the indictment of three people linked to the company on the charges of committing export-control

US aircraft carrier breaks record for longest deployment since the Vietnam War

The world’s largest aircraft carrier, the USS Gerald R

US disrupts Russian military-run DNS hijacking network, Justice Department says

The U.S. Justice Department said on Tuesday it carried out a court-authorized disruption of a DNS hijacking network controlled by a Russian military intelligence unit.

How one factory in China learned to live with Trump, tariffs and turmoil

U.S.

Ackman's Pershing Square proposes $64 billion merger deal with Universal Music Group

Billionaire investor Bill Ackman's Pershing Square proposed a takeover of Universal Music Group on Tuesday in a $64

Levi Strauss lifts annual forecasts as strong demand cushions tariff hit

Levi Strauss on Tuesday raised its annual sales and profit forecasts, banking on resilient demand for its denim across all categories and strength in its direct-

Two Americans sentenced to prison for North Korean tech worker scheme

Two Americans sentenced to prison for North Korean tech worker scheme

Stellantis in advanced talks to develop Opel EV with China's Leapmotor, sources say

Stellantis is in advanced talks with Leapmotor to jointly develop an Opel-branded electric SUV that would use the Chinese automaker's technology and be produced at

Soaring costs, fuel shortage fears drive Pakistan to electric motorbikes

Days after Iran effectively blocked shipping through the Strait of Hormuz following the start of U.S. and Israeli

From Australia to Europe, countries move to curb children's social media access

Australia in December became the world's first country to ban social media for children under 16, blocking them from platforms including TikTok, Alphabet's YouTube and Meta's

CK Hutchison's Panama unit to seek arbitration over Maersk ports takeover

Hong Kong-based conglomerate CK Hutchison's Panama business said it would seek arbitration over Maersk's takeover of two strategic ports near the Panama Canal, which

Grab to lean on scale, AI to navigate rising fuel costs, CEO says

Southeast Asia's top ride-hailing and delivery firm Grab believes artificial intelligence-led products and services will

US and Canadian astronauts capture global attention with Artemis II moon flight

The voyage of four astronauts to the far side of the moon has given the world a glimpse of America at its best, offering a respite from global despair and

Swatch urges shareholders to vote against activist investor's bid for board seat

Swatch has once again opposed GreenWood Investors' bid for a seat on the board and has urged shareholders to vote against the activist investor at its upcoming annual

Russia denies Ukrainian intelligence assessment that its hackers have teamed up with Iran's for cyberattacks

Russian Foreign Ministry spokeswoman Maria Zakharova said on Wednesday that Ukrainian intelligence assessments that Russian and Iranian hackers have joined forces, reported

Chinese electric truck maker Windrose makes first US delivery

Chinese electric truck startup Windrose said it had made the first delivery of its long‑haul electric heavy truck in the United States, marking a key step in its global

Samsung Electronics' shareholder Shinhan Bank launches $2.1 billion share sale - term sheet

Samsung Electronics shareholder Shinhan Bank launched a sale of about $2.1 billion worth of shares in the South Korean company,

How the math works on a $1.75 trillion SpaceX valuation

Elon Musk’s SpaceX is seeking a $1.75 trillion valuation in its forthcoming initial public offering.

TikTok to build a second billion-euro data centre in Finland

TikTok plans to invest 1 billion euros ($1.16 billion) to build a second data centre in Finland in less than a year as

Aerospace parts maker Arxis targets $11.2 billion valuation in US IPO

Arxis is targeting a valuation of up to $11.2 billion in its U.S. initial public offering, the aerospace components maker said on Wednesday

General Motors recalls over 270,000 cars in US over rearview camera issue

General Motors is recalling 271,770 cars in the U.S. over an issue with the rearview camera, the U.S. National Highway Traffic Safety Administration (NHTSA) said on Wednesday. 

Citigroup says AI helps speed account openings and systems upgrades

Citigroup is using artificial intelligence to speed up account openings and the retirement of old software, the U.S. bank's head of technology, Tim

AI-rendered Val Kilmer debuts in 'As Deep as the Grave' trailer

The filmmakers behind “As Deep as the Grave” have used AI to recreate Val Kilmer in a prominent role

Ex-Rio Tinto CEO's deep-sea mining firm to merge with Odyssey in $1 billion deal

A deep-sea mining firm led by former Rio Tinto CEO Tom Albanese will merge with Odyssey Marine Exploration in a $1 billion all-stock deal aimed at building one

Meta unveils first AI model from costly superintelligence team

Meta Platforms on Wednesday unveiled Muse Spark, the first artificial intelligence model from a costly team it assembled last year to catch up with

Greece to ban social media for under-15s from 2027, calls on EU action

Greece will ban access to social media for children under the age of 15 from January 1, 2027, Prime Minister Kyriakos Mitsotakis said on Wednesday, citing rising anxiety, sleep

Southwest to fly wine for free in rare perk as airline fees rise

Southwest Airlines will fly wine for free from parts of the U.S.

FCC to vote on proposal to ban Chinese labs from testing US electronics

The Federal Communications Commission said on Wednesday it will vote this month on a proposal to bar all Chinese labs from testing electronic

AI ruling prompts warnings from US lawyers: Your chats could be used against you

As people increasingly turn to artificial intelligence for advice, some U.S. lawyers are telling their clients not to treat AI chatbots like trusted confidants

Roblox gaming platform reaches $12 million settlement with Nevada enhancing youth protections

The interactive gaming platform Roblox, popular among children and teens, has reached an over $12 million agreement with the state of Nevada over its protections for young users

Allbirds, a former Wall Street darling fallen on hard times, looks to AI for its future

Allbirds, the eco-friendly shoe brand that was once a Wall Street darling and found its way onto the feet of tech CEOs and movie stars, is pivoting to artificial intelligence

SpaceX begins installing equipment at Texas facility, eyes year-end production, sources say

SpaceX has begun installing equipment at its advanced chip packaging facility in Bastrop, Texas, as the satellite and rocket company aims to begin

Europe rolls out online age verification app to protect young people

Europe rolls out online age verification app to protect young people

Victory Giant's $2.2 billion Hong Kong listing seen pricing at top on demand, sources say

China's Victory Giant is expected to price its Hong Kong share offering at the top of a range at HK$209.88 per share, raising HK$17.5 billion ($2.2

Serbia's president tells military to create units armed with attack drones

The Serbian army should create units with attack drones, President Aleksandar Vucic said on Wednesday, as the Balkan country seeks to modernise its armed forces from its

Carmakers navigating the costly and tricky transition to battery storage systems

Carmakers and battery companies facing a weak U.S. market for electric vehicles are scrambling to repurpose battery factories

Trump backs government AI safeguards in banking system, acknowledges risks

U.S.

Robots, drones could slash global food delivery costs to $1 per order, Barclays says

Autonomous food delivery robots and drones could cut costs by several dollars to as low as $1 per order, a shift that could unlock billions of dollars in profits for

EU age verification app ready as Europe moves to curb children's social media access

The EU's age verification app for online platforms is ready and will soon be available to use, European Commission President Ursula von der Leyen

Iran’s military forces combine state-of-the-art drones and hackers with out-of-date conventional weapons

Knowing what comes next in Operation Epic Fury is better understood by grasping the evolution of Iran’s military structure and capabilities.

Rattled by Trump, US allies eye Japan's biggest arms opening since WW2

Japan's

BYD shuns price war in South Africa to build EV brand

Chinese electric vehicle maker BYD is deliberately avoiding a price war in South Africa as competition ramps up in the continent's second biggest

EU warns Meta WhatsApp AI fee breaches antitrust rules, orders rollback

The European Commission said on Wednesday it intended to order Meta Platforms to reinstate rival artificial intelligence assistants on its WhatsApp

Snap to cut 1,000 jobs after activist pressure, bets on AI efficiency

Snap will lay off about 1,000 employees, including 16% of full-time staff, the company said on Wednesday, becoming the latest tech firm to shift toward leaner

Honda to recall over 440,000 minivans in US over faulty deployment of airbags

Honda is recalling 440,830 Odyssey minivans in the U.S. over a software error that may unexpectedly deploy airbags, the U.S.

Jane Street signs $6 billion AI cloud deal with CoreWeave, boosts stake

Trading firm Jane Street has committed about $6 billion for CoreWeave's cloud services, marking the third major deal for the Nvidia-backed cloud company in a week and underscoring

US Senator Warren voices concern over Nvidia's acquisition of Slurm

U.S.

Allbirds shares jump over 400% on plans to pivot to AI from sneakers

Shares of Allbirds surged more than five-fold on Wednesday after the footwear maker said it was raising capital and pivoting towards AI computing infrastructure.

Big ad agencies settle US FTC probe into alleged boycott over political content

Three large advertising agencies settled a U.S.

Adobe releases AI assistant for creative tools, says it will work with Anthropic's Claude

Adobe said on Wednesday it was releasing a new artificial intelligence assistant designed to help users carry out tasks across its suite of

Cadence, Nvidia working together on developing AI for robotics

Cadence Design Systems and Nvidia are partnering to further the development of artificial intelligence for robots, the CEOs of the two

L3Harris announces $1.27 billion expansion project at Virginia site

L3Harris Technologies and Virginia Governor Abigail Spanberger said on Wednesday the defense supplier will invest $1.27 billion to further the solid rocket motor production

Netherlands to spend nearly $300 million euros on drones for Ukraine

The Netherlands will spend 248 million euros ($293 million) on producing drones for Ukraine, Dutch Defence Minister Dilan Yesilgoz-Zegerius said on Wednesday.

Kremlin says US has rejected its proposal that Russia take Iranian uranium stocks

The Kremlin's spokesman was quoted as saying on Wednesday that the United States had rejected its proposal that Russia take all of Iran's enriched uranium out of the country as a

Woman and CU Boulder students building new app to foster pets during times of crisis

Woman and CU Boulder students building new app to foster pets during times of crisis

Trump urges extending foreign surveillance program as some lawmakers push for US privacy protections

There's been a holdup on Capitol Hill in advancing the renewal of a program that lets U.S. spy agencies pore over foreigners’ calls, texts and emails

OpenAI will reserve portion of IPO shares for retail investors, CFO tells CNBC

OpenAI plans to reserve a portion of its shares from an initial public offering for individual investors, CFO Sarah Friar told CNBC on Wednesday, as the ChatGPT maker gears up for

Walmart is repackaging its Great Value brand to reflect changing consumer habits

Walmart is redesigning the packaging of its Great Value products to make them more appealing to customers and to help shoppers spot nutritional information more quickly

NASA's lunar success sharpens focus on China's 2030 crewed landing goal

As NASA's record-breaking Artemis mission bolsters the U.S. path back to the moon, China's bid to land astronauts there by 2030 is taking on greater

US court declines to block Pentagon's Anthropic blacklisting for now

A Washington, D.C., federal appeals court on Wednesday declined to block the Pentagon's national security blacklisting of AI company Anthropic for now, a

Carney speaks with Artemis II crew as Canada’s first lunar astronaut makes history

Canada's Prime Minister Mark Carney spoke to astronauts on the Artemis II mission on Wednesday, celebrating the first Canadian to fly around the moon and marking a lighter

The data center boom meets resistance in Maine as lawmakers pass a yearlong freeze

Maine’s legislature has passed the nation’s first statewide moratorium on energy-hungry data centers

NASA Artemis II astronauts prepare to end moon mission in 'fireball' re-entry

Four astronauts traveling back to Earth from the far side of the moon on NASA's Artemis II mission spoke of their emotions as they wrapped up the

North Korea unveils cluster-bomb missile, electronic warfare capability

North Korea tested a new cluster-bomb warhead on a ballistic missile and an electromagnetic weapon this week, state media KCNA reported on

US container imports down 1% in March, Descartes says

U.S. container import volumes fell 1.1% in March from last year, supply chain technology provider Descartes Systems Group said on Thursday.

Tesla is developing a new smaller, cheaper EV, sources say

Tesla is developing an all-new smaller, cheaper electric SUV, four people familiar with the matter told Reuters.

Gulf states eye cheap Ukrainian interceptor drone as Iranian attacks drain missile stocks

Gulf states including Saudi Arabia and the UAE are exploring a $2,500 Ukrainian-designed interceptor drone as a cheaper way to counter Iranian

Pentagon's ouster of Anthropic opens doors for small AI rivals

Small defense industry artificial intelligence startups are suddenly fielding calls from generals, combatant commanders and deep-pocketed investors, after

Arm CEO Haas in line to lead much of parent SoftBank's international business, FT reports

Rene Haas, the CEO of chip designer Arm, is in line to lead much of parent SoftBank's international business while keeping his current role at Arm, the Financial Times reported on

Sweden blames pro-Russian group for cyberattack last year on its energy infrastructure

The Swedish government says a pro-Russian actor was behind a cyberattack on a heating plant in western Sweden last year

EU threatens to force Meta to restore WhatsApp full access for rival AI chatbots

European Union regulators plan to order Meta to reverse a move that limits AI chatbots from rival companies accessing WhatsApp

Intel and Google to double down on AI CPUs with expanded partnership

Intel and Google have expanded their partnership to advance the use of artificial intelligence-focused central processing units and to develop custom infrastructure processors, as

From OpenAI to Nvidia, firms channel billions into AI infrastructure as demand booms

CoreWeave said on Thursday it had entered into an expanded agreement to provide Meta Platforms with $21 billion in cloud capacity, as the social media giant scales its

OpenAI projects $2.5 billion in ad revenue this year, $100 billion by 2030, Axios reports

ChatGPT maker OpenAI expects to generate $2.5 billion in advertising revenue this year, with projections to reach $100 billion by 2030, Axios reported on Thursday, citing a source

Kia delays launch of software-focused cars, unveils big hike to investment plans

South Korea's Kia Corp said on Thursday it had delayed plans to build "software-defined vehicles" by about one year to 2028, and announced a

BlackBerry forecasts upbeat quarterly revenue, says turnaround complete

BlackBerry on Thursday forecast first-quarter revenue above estimates, as the Canadian software company's turnaround gains traction on the back of strong demand

Polestar CEO talks up used-car market as higher fuel prices spur shift to cheaper EVs

Polestar CEO Michael Lohscheller said on Thursday used-car sales were exceeding those of new vehicles, as a jump in gasoline and diesel prices

US faces demand to restore $350 million in federal funding to help power Puerto Rico

Nearly 200 organizations are urging the Trump administration and Puerto Rico’s governor to restore $350 million in federal funding that was meant to finance the installation of rooftop solar and battery systems for 12,000 low-income families across the U.S. territory

Patients scramble to find estrogen patches as shortage worsens after US FDA champions use

A surge in demand since last year for estrogen patches to ease menopause symptoms has strained supplies and led to shortages, sparking a scramble

Drone maker AEVEX eyes $2.35 billion valuation in US IPO

Drone maker AEVEX said on Thursday it was targeting a valuation of up to $2.35 billion in its U.S. initial public offering, the latest defense firm looking

Swiss-based Terra Quantum plans to list on Nasdaq via SPAC at $3.25 billion valuation

Terra Quantum said on Thursday it plans to list on Nasdaq this year through a merger with a U.S. special purpose acquisition company (SPAC) in a deal that

Suspect in attack at Sam Altman’s home held without bail

Suspect in attack at Sam Altman’s home held without bail

Florida AG opens probe into OpenAI ahead of potential IPO

Florida Attorney General James Uthmeier on Thursday launched an investigation into OpenAI and its chatbot ChatGPT, as the artificial intelligence firm prepares for an IPO that

Meta, CoreWeave deepen AI cloud partnership with fresh $21 billion deal

Meta Platforms is deepening its CoreWeave partnership with a fresh $21 billion deal for additional cloud computing capacity, as it rushes to catch up with rivals

Allbirds shares soar on a very 2026 pivot to AI

Allbirds shares soar on a very 2026 pivot to AI

VW to stop making its top electric vehicle in the US 

Volkswagen said on Thursday it will end production of the ID.4 electric SUV out of its Tennessee plant this month, citing a challenging time for the U.S.

US software stocks slump on renewed AI disruption jitters

U.S. software shares tumbled on Thursday as fears over disruptions from advances in AI returned to the forefront following a recent update

Amazon CEO reveals AI revenue, dismisses spending doubts in annual letter

Amazon's AI services at its cloud-computing unit are generating annualized revenue of more than $15 billion, CEO Andy Jassy said, the first time the company

Amazon to stock Lilly's new weight-loss pill at US kiosks, offer same-day delivery

Amazon.com said on Thursday its pharmacy unit will stock Eli Lilly's new weight-loss pill at kiosks located at some of the company's primary care clinics

US House to vote on aviation safety bill next week

The U.S.

Tesla's lower-cost EV plan seen boosting volume, risking margins

Tesla investors said the company's plan to develop a smaller, lower-cost EV, which was reported exclusively by Reuters, might boost volumes and address slowing

CFO Anthony Armstrong leaves xAI, the Information reports

April 9 - Anthony Armstrong, named xAI's CFO in October, has departed the company as part of a broader wave of senior exits, the Information reported on Thursday, citing two people familiar with the

Bessent urges Congress to pass crypto regulation bill

U.S.

Chinese business hired lobbying firm with ties to Don Jr, then scored a win in Washington

A lobbying firm led by one of Donald Trump Jr.'s hunting buddies helped a Chinese company make its case to a U.S. national security watchdog, public

Unilever to buy supplements brand Grüns, boosting wellbeing focus post food spin-off

Unilever said on Thursday it will buy U.S.-based nutritional supplements brand Grüns for an undisclosed amount, as the British consumer goods giant increases its focus on wellbeing

SiFive raises $400 million from Atreides, Nvidia for data-center chip technology 

OpenAI pauses UK data centre project over regulation, costs

ChatGPT-maker OpenAI is pausing its main data centre project in Britain over an unfavourable regulatory environment and high energy costs, dealing a blow to the

USTR's Greer sees no changes in data rules that bar Chinese vehicles from US

U.S.

StubHub to pay $10 million to settle FTC ticket price case

StubHub Holdings on Thursday agreed to pay $10 million to settle U.S.

UK says it deployed military to deter Russian submarines from attack on undersea cables

Britain deployed military vessels to prevent any attacks on cables and pipelines by Russian submarines that spent more than a month in and

USA Rare Earth considers building French magnet plant

USA Rare Earth is considering building a magnet plant in France, its CEO said on Thursday, after agreeing to pay 40 million euros ($47 million) for a stake

How a retired cranberry bog helped change the game for wetland restoration

The largest restored wetlands in Massachusetts now cover hundreds of acres of what used to be cranberry farms

Elon Musk's xAI sues Colorado over state's new AI law

xAI filed a lawsuit on Thursday seeking to block Colorado from enforcing a new law regulating artificial intelligence systems, escalating a fight over whether oversight should be

SpaceX posted nearly $5 billion loss in 2025, The Information reports

Elon Musk's IPO-bound SpaceX posted a loss of nearly $5 billion in 2025 on revenue of more than $18.5 billion, The Information reported on Thursday, citing sources.

Apple to shutter its first unionized US store in Maryland

Apple said on Thursday that it will shut down its retail store in Towson, Maryland, the first of its U.S. locations where retail employees successfully unionized in 2022.

US Justice Department opens probe into NFL over anticompetitive practices, source says

The U.S.

Anthropic weighs building its own AI chips, sources say

(Corrects headline to say "its", not "it") By Max A.

US considers new crackdown on Chinese telecom companies

The U.S.

Ukraine in talks with Oman, Kuwait, Bahrain on security cooperation, Zelenskiy says

Ukraine is in talks with Oman, Kuwait and Bahrain to cooperate in the security sector and share its drone defence expertise and technology, President Volodymyr Zelenskiy

EPA may ease regulation of chemical plastic recycling, and environmentalists worry

The Environmental Protection Agency is reconsidering whether facilities that recycle plastic chemically should be held to the same strict air pollution standards as incinerators

TSMC's first-quarter revenue surges as AI interest propels sales beyond market forecasts

TSMC, the world's largest contract chipmaker, on Friday reported a 35% surge in first-quarter

Apple leads smartphone market even as overall shipments decline, Counterpoint says

IPhone-maker Apple led global smartphone shipments in the first quarter of 2026, growing 5% year-on-year, even as overall shipments fell due to a shortage of memory components,

Shippers weigh unusual routes as high air cargo rates, ocean gridlock persist

Some shippers caught between high jet fuel prices and congestion in vital Middle East waterways are now looking for

Warburg Pincus, Munich Re arm team up to invest in Europe's defence sector

U.S. private equity firm Warburg Pincus has launched an investment platform focused on Europe's defence and security sector, with MEAG, the asset manager of reinsurer Munich Re,

Snap unit to use Qualcomm chips for upcoming AI smart glasses

Specs, the Snap smart glasses unit formed early this year, will use Qualcomm chips for its upcoming devices under a multi-year deal announced on Friday, marking its first major

Lithium bulls set to gatecrash Chile's copper party

Chile is set to break with precedent and open its annual global copper gathering next week with a day of panels devoted

Lockheed Martin secures $4.7 billion Patriot interceptor missile production contract

Lockheed Martin said on Friday the U.S. government awarded the defense giant a $4.7 billion preliminary contract to continue critical accelerated production of the Patriot

CoreWeave strikes AI cloud deal with Anthropic, shares surge

Cloud infrastructure firm CoreWeave said it has struck a deal with Anthropic to supply the AI startup with cloud computing capacity, sending its shares up more than 13% on Friday.

Meta pulls ads aimed at recruiting plaintiffs for social media addiction lawsuits

Meta Platforms said on Thursday it is pulling ads from Facebook and Instagram aimed at recruiting new plaintiffs for ongoing litigation accusing it

YouTube raises subscription prices in US for the first time in 3 years

YouTube on Friday raised subscription prices in the United States, with increases of up to $4 set to take effect from the next billing cycle.

Ads for GLP-1 drugs are flooding the internet – here’s how to know if it’s safe to buy them online

The thriving market in online, counterfeit GLP-1 drugs that do not meet FDA criteria poses serious risks to consumers.

US utility stocks are off to their best start since 2019. Can they keep it up?

U.S. utility stocks marked their strongest start to the year since 2019, benefiting from an investor retreat from riskier assets during the Iran war and

Big Tech puts financial heft behind next-gen nuclear power as AI demand surges

Big Tech is reshaping the funding landscape for new nuclear technologies as it seeks to bolster electricity supply for power-hungry AI data centers, inking deals