Technology

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

Whirlpool to invest over $60 million in Ohio plant 

Whirlpool said on Friday it will invest over $60 million in an Ohio factory to produce parts for its washers and dryers.

Space analytics firm HawkEye's revenue jumped 74% in 2025, US IPO filing shows

Space analytics company HawkEye 360 recorded a 74% jump in revenue in 2025 while also swinging to a profit, its filing for a U.S. initial public offering

US judge extends temporary order halting Nexstar, Tegna merger

A U.S. judge on Friday extended an order temporarily freezing Nexstar's acquisition of rival broadcast station owner Tegna for another week as he

USA Rare Earth CEO defends Trump administration investment as congressional questions swirl

USA Rare Earth shareholders should not be concerned by the terms of the U.S.

Hyundai to recall over 294,000 US vehicles over seat belt anchor defect

Hyundai Motor America is recalling 294,128 vehicles in the U.S. due to a defect that could cause seat belt anchors to detach, the U.S.

Coordinated Telegram posts push pro-Orban narratives on eve of Hungary vote, research shows

Sophisticated online operators are posting coordinated waves of content in the Telegram messaging app to spread fear about what will

The unconventional logic behind SpaceX's $1.75 trillion price tag

Wall Street is reaching for some unusual yardsticks to price Elon Musk's SpaceX.

South Africa unveils draft AI policy, proposes new institutions and incentives

South Africa on Friday unveiled a draft national AI policy, seeking public comment on sweeping proposals to regulate and accelerate AI adoption.

Vance, Bessent questioned tech giants on AI security before Anthropic's Mythos release, CNBC reports

U.S.

Meta must face youth addiction lawsuit by Massachusetts, court rules

Meta Platforms must face a lawsuit by Massachusetts' attorney general alleging the company designed its Instagram social media platform to addict children,

Bessent, Powell warned bank CEOs about Anthropic model risks, sources say

U.S.

Eric Swider resigns from Trump Media board 

Trump Media & Technology Group said on Friday that Eric Swider, a key figure in the company's public listing, had resigned from its board. 

Crypto giant Kraken's Fed payment account sparks concerns about risks

Crypto giant Kraken's landmark Federal Reserve master account comes with restrictions aimed at mitigating risks, but it - and others likely to

Snapchat owner cuts 16% of global staff in latest round of job cuts

Snap Inc., the owner of Snapchat, is cutting about 16% of its global workforce, which means around 1,000 jobs

Artemis II moon mission unifies politically divided Americans in wonder

NASA's Artemis II mission, the world's first astronaut voyage to the moon in over half a century, has captivated Americans young and

Suspect arrested after Molotov cocktail attack at OpenAI CEO Sam Altman's home

San Francisco police arrested a person for allegedly throwing a Molotov cocktail at OpenAI CEO Sam Altman's home and for making threats outside the artificial intelligence

FAA, Pentagon sign agreement on anti-drone laser system near Mexico

The Federal Aviation Administration and Pentagon said on Friday they had signed an agreement allowing the government's use of a high-energy laser

Rio Tinto's US boron assets draw interest from bidders, Bloomberg News reports

Rio Tinto's U.S. assets that produce the critical mineral boron have drawn interest from more than a dozen potential bidders and could be valued as much as $2 billion, Bloomberg

OpenAI identifies security issue involving third-party tool, says user data was not accessed

OpenAI said on Friday it had identified a security issue involving a third-party developer tool called Axios and is taking steps to protect the process that certifies its macOS

Japan approves additional $4 billion for chipmaker Rapidus

Japan's industry ministry said on Saturday it has approved an additional 631.5 billion yen ($3.96 billion) to accelerate research and development at chipmaker Rapidus.

EU weighing tighter regulation for OpenAI under Digital Services Act

The European Commission on Friday said it was analysing whether OpenAI's ChatGPT should be considered a large online

Ukraine can play useful role in Strait of Hormuz, Britain says

Ukraine can play a useful role in international efforts to secure the Strait of Hormuz, Britain's armed services minister said, praising its drone technology

Chinese investment in Brazil pivots from power dams to ice cream, courting consumers

For Chinese ice cream and beverage chain Mixue, which already has more stores than Starbucks or McDonald's, a cheerful snowman mascot on Sao

Pope Leo urges end to 'madness of war' as US, Iran start talks

Pope Leo https://www.reuters.com/world/pope/ on Saturday urged world leaders to end what he called the "madness of war," in an impassioned appeal

China's Chery looking to expand car production in Europe, top executives say

Chery is looking to expand car production in Europe through partnerships with other automakers allowing it to use existing factories, top executives at the Chinese carmaker

Circling the moon, a Black astronaut inspires millions

At 12 years old, Naia Butler-Craig decided she wanted to be an astronaut. Each time she walked into St.

Artemis II astronauts safely back on Earth after historic trip around moon

The Artemis II capsule and its four-member crew streaked through Earth's atmosphere and safely splashed down in the Pacific Ocean on

Audi Q5 vs BMW X3, an Edmunds luxury SUV comparison

The Audi Q5 and BMW X3 are among the most popular options for shoppers interested in a small luxury SUV

US FTC in settlement talks with ad companies in boycott probe, WSJ reports

The U.S.

TSMC likely to book fourth straight quarter of record profit on insatiable AI demand

TSMC, the world's largest manufacturer of advanced artificial intelligence chips, will likely notch up a fourth consecutive quarter of

Crisis contractor for OpenAI, Anthropic eyes a move to combat extremism

People who show violent extremist tendencies on ChatGPT and other artificial intelligence platforms could be directed in the future to human and chatbot‑based

Chinese AI startup StepFun to unwind offshore structure to pave way for IPO, sources say

Chinese AI agent StepFun is unwinding its offshore incorporation structure to pave the way for a planned Hong Kong initial public offering, three sources said, as

UK fintech firm Wise's quarterly cross-border volumes surge ahead of Nasdaq debut

British fintech group Wise said on Monday cross-border transaction volumes rose 26% in the fourth quarter to 49.4 billion pounds ($66.2 billion), reinforcing its expectation that

China's exports set to lose momentum as Iran war undercuts AI-driven boom

China's export engine likely slowed in March as

Social media platforms need to stop never-ending scrolling, UK's Starmer says

Social media platforms such as Instagram and TikTok need to take action to stop young users wasting hours mindlessly scrolling never-ending videos, British Prime Minister

Roblox to introduce age-based accounts in child safety push

Videogame platform Roblox on Monday said it will create tailored accounts for young users in a push to shore up online safety, as it deals with intense global

Baker Hughes to sell Waygate unit to Hexagon for about $1.45 billion

Baker Hughes said on Monday it will sell its unit, Waygate Technologies, to Sweden-based Hexagon for about $1.45 billion in cash, as the

Medical scans and chips: the hidden fallout of the Iran war for China

Medical scans and chips: the hidden fallout of the Iran war for China

ASML lifts 2026 forecast as surging AI chip demand boosts new orders

ASML, the world's largest supplier of chipmaking tools, on Wednesday reported stronger-than-expected first-quarter earnings and

China weighs curbs on exports of solar manufacturing equipment to US

Chinese officials have held initial talks with providers of equipment to make solar panels as they consider limiting exports of the most advanced technology

Bezos-backed EV firm Slate Auto raises $650 million

Electric vehicle company Slate Auto on Monday said it has raised $650 million in a Series C funding round, as the Jeff Bezos-backed firm gears up to deliver its first vehicles

Meta poised to surpass Google in digital ad revenue for first time, report says

Meta Platforms is projected to surpass Alphabet's Google in digital advertising revenue globally by the end of 2026, and dethrone the search-engine behemoth in

Dutch regulator to seek EU approval for Tesla's self-driving software

Dutch vehicle authority RDW has notified the European Commission of its plan to seek European Union-wide approval for Tesla's full self-driving

World Liberty investor Justin Sun claims Trump crypto venture 'secretly' installed tool to freeze user holdings

A major investor in U.S.

FedEx CFO John Dietrich to step down

FedEx said on Monday Chief Financial Officer John Dietrich would step down, effective June 1, after the parcel firm completes the spinoff of FedEx Freight into a publicly traded

AI-boosted hacks with Anthropic’s Mythos could have dire consequences for banks

Anthropic's Mythos, a new AI model the company and cybersecurity experts warn could supercharge complex cyberattacks, poses significant challenges

Uber faces second driver sexual assault trial following $8.5 million verdict

After a key setback in the first trial of its kind before a federal jury, Uber is expected to return to court on Tuesday to face a second woman's claims that

Anthropic talking to the Trump administration about its next AI model, co-founder says

Anthropic is discussing its frontier AI model Mythos with the Trump administration, the firm's co-founder said on Monday, even after the Pentagon cut off business with

Surging petrol prices drive record EV sales in Europe in March

High petrol prices in Europe steered car buyers towards EVs in a record-beating March, and led to the first month of global EV sales growth this year, data by

Man charged after Molotov cocktail attack on OpenAI CEO Sam Altman's home

A Texas man was charged with hurling a Molotov cocktail nL4N40T1GB at the home of OpenAI CEO Sam Altman and attempting to set fire to the AI firm's headquarters.

North Korea tests cruise and anti-ship missiles from naval destroyer

North Korea conducted another test of strategic cruise missiles and anti-warship missiles on Sunday as part of operational efficiency trials of its

Trump's AI image of himself as Jesus-like figure follows feud with Pope Leo

U.S.

Russia-linked hackers compromised scores of Ukrainian prosecutors’ email accounts, data shows

Russia-linked hackers broke into more than 170 email accounts belonging to prosecutors and investigators across Ukraine during the last several

Stellantis first-quarter shipments up 12% year-on-year

Franco-Italian automaker Stellantis said on Wednesday its global shipments rose 12% year-on-year in the first quarter to an estimated 1.4 million vehicles, consolidating a

As Trump attacks friends and foes, Americans are changing their minds about China

As Trump attacks friends and foes, Americans are changing their minds about China

China's largest trade fair opens as export growth slows

China's largest trade fair, held twice a year, opened on Wednesday in the southern city of Guangzhou, where more than 32,000 exhibitors are showcasing products over an

UN watchdog says North Korea is boosting nuclear weapons capacity

North Korea has made "very serious" advances in its abilities to turn out nuclear weapons, with the probable addition of a new uranium

Artemis II astronauts made most of professional photography training

The two professional photography instructors who trained Artemis II astronauts to take pictures of the moon and Earth during their historic lunar flyby

Bank of Korea governor nominee positive about won-denominated stablecoins

The nominee to become the Bank of Korea's governor agreed to introduce won-denominated stablecoins, saying they would play a role in the currency ecosystem of the future,

Amazon nears deal to buy Globalstar, Bloomberg News reports

Amazon is in advanced talks to acquire satellite telecom group Globalstar, a deal that would bolster the tech major's push to build its own satellite operation, Bloomberg News

Korean AI chip startup DeepX prepares public share offering

South Korean AI chip startup DeepX said on Tuesday it is preparing to list its shares domestically, adding the firm is open to a possible U.S. listing after that.

OpenAI's $852 billion valuation faces investor scrutiny amid strategy shift, FT reports

OpenAI's $852 billion valuation is under scrutiny from some of its own backers as the company shifts its focus to the enterprise market to fend off competition from Anthropic, the

Hollywood stars sign open letter opposing Paramount-Warner Bros deal

Over 1,000 filmmakers, actors and industry professionals signed an open letter opposing Warner Bros Discovery's proposed $110 billion merger with

Philippines, US military drills underscore Washington's defence commitment, US official says

The latest round of military drills involving the Philippines, the United States and several partner nations will underscore Washington's "ironclad"

Nissan to trim global car lineup, boost use of AI driving tech

Nissan Motor plans to streamline its global automobile lineup by shedding low-performing models and deploy artificial intelligence driving technology

Japan's decade-long march towards arms exports

Japan has spent the past decade steadily dismantling some of the world's toughest arms export restrictions as it steps back from the postwar

Uber commits $10 billion to robotaxis in strategy shift, FT says

Uber has committed more than $10 billion to buying thousands of autonomous vehicles and taking stakes in their developers, breaking from its asset-light "gig economy" business

Trump's voting restrictions bill may fail, but parts live on in 23 states

The SAVE America Act looks set to die in Congress, but 23 mostly Republican-led U.S. states have recently changed their voting procedures to mirror key aspects of

BetMGM cuts 2026 revenue forecast as punters win big in sports betting

U.S. online gambling operator BetMGM cut its 2026 revenue outlook on Tuesday, citing a soft first quarter for its online sports betting business. 

ASML investors bet on 'picks and shovels' of AI revolution

Investors in, Europe’s most valuable listed company, are betting the chip-equipment maker can raise financial forecasts when it

Kremlin tells Russians internet shutdowns are temporary after crackdown ruffles elite

The Kremlin told Russians on Tuesday that mobile internet shutdowns that have disrupted the lives of millions are

Korean AI chip startup DEEPX, Hyundai work on robots powered by generative AI

South Korean AI chip startup DEEPX will expand its partnership with Hyundai Motor Group to develop a computing platform for generative AI robots using its

Why many Americans are turning to AI for health advice, according to recent polls

Many Americans are turning to artificial intelligence tools such as ChatGPT for health advice

Federal agencies skirt Trump’s Anthropic ban to test its advanced AI model, Politico reports

Federal agencies and government officials are quietly sidestepping U.S. President Donald Trump’s ban on working with Anthropic, Politico reported on Tuesday.

Global satellite internet companies at a glance

Amazon.com said on Tuesday it would buy satellite company Globalstar in an $11.57 billion deal, as it looks to take on bigger rival SpaceX's Starlink.

States, insurers await needed details to implement new US Medicaid work rules

The Trump administration's new law that Americans must work or volunteer to qualify for Medicaid

In India, $1 housekeepers spark a consumer, worker frenzy despite safety risks

At Indian startup Pronto's training hub, women hone their chopping and mopping skills while learning how to send SOS signals if they

Fed nominee Warsh's holdings include SpaceX, Polymarket, crypto and AI

Holdings in Elon Musk's SpaceX company and predictions platform Polymarket are among dozens of future-oriented assets that Federal Reserve chair

Deutsche Boerse buys $200 million stake in crypto giant Kraken

German exchange operator Deutsche Boerse said on Tuesday that it had acquired a 200 million dollar stake in US-based cryptocurrency exchange Kraken.

Wegovy-maker Novo Nordisk partners with OpenAI to speed drug development

Danish drugmaker Novo Nordisk, which has fallen behind Eli Lilly in the immensely lucrative weight-loss drug market, said on Tuesday it is partnering with

Chinese chipmaker YMTC plans new factories amid heightened US-Sino trade tensions, sources say

Chinese chipmaker Yangtze Memory Technologies (YMTC) aims to build two more factories in addition to one that will be completed this year, which will more than double its

Dow names insider Karen Carter CEO as Fitterling moves to executive chair role

Dow named operations chief Karen Carter as its new CEO on Tuesday, handing the reins to a long-time insider as the chemicals maker grapples with weak demand,

Disney to eliminate 1,000 jobs

Walt Disney 's new chief executive, Josh D'Amaro, announced layoffs in an email to employees on Tuesday, as he looks to streamline the company's

Pope Leo issues warning on democracy after Trump criticism

Pope Leo warned of the risk of democracies sliding into "majoritarian tyranny" on Tuesday, in a letter issued by the Vatican two days after U.S.

Boeing jet deliveries slow in March due to 737 MAX wiring issue

Boeing said on Tuesday it delivered 46 jets in March, down from 51 the prior month, as the company repaired damaged wiring in about 25 of its best-

Italy court allows class action against Meta over Facebook data scraping

A Milan court on Tuesday accepted a class action brought by a consumer group against Meta Platforms over the theft of personal data suffered by Facebook Italy.

Indonesian foreign ministry urged caution over US military overflight proposal

Indonesia's foreign ministry warned the defence ministry in an early-April letter that an American proposal to give its military "

Amazon's $11.6 billion Globalstar deal will not fix rocket launch bottleneck, analysts say

Amazon's $11.6 billion deal to buy Globalstar bolsters its space ambitions with satellites and wireless airwaves, but will not fix the crippling shortage of rocket

Aurubis CEO expects US copper demand to reduce Comex stockpile

The massive copper stockpile on the U.S.

Ukraine to produce drones in Norway, Oslo says

Norway and Ukraine will strengthen their bilateral defence cooperation, including by producing Ukrainian drones in the Nordic country, the Norwegian government

Iran war promises green edge for Asia as plastic packaging runs short

An 'eco-friendly' range of paper tubes and pouches touted by Yonwoo, a South Korean maker of packaging for cosmetics, has

US solar cell maker Suniva investing $350 million in South Carolina expansion

U.S. solar manufacturer Suniva said on Tuesday it will invest $350 million in a South Carolina cell factory, with production starting in early 2027.

Amazon launches AI research tool to speed early-stage drug discovery

Amazon's cloud unit on Tuesday launched Amazon Bio Discovery, an artificial intelligence application designed to speed early-stage drug discovery

Amazon to buy satellite firm Globalstar in $11.57 billion deal to take on Musk's Starlink

Amazon.com said on Tuesday it will acquire Globalstar in an $11.57 billion deal, bolstering its fledgling satellite business as it tries to

NAACP sues Musk's xAI, alleging illegal operation of gas turbines

The largest U.S. civil rights group on Tuesday sued xAI and a subsidiary, claiming they illegally operated more than two dozen gas turbines in Mississippi to power its

Goldman Sachs files for its first bitcoin ETF product

Goldman Sachs' asset management division plans to launch its first cryptocurrency exchange-traded fund in the coming months, according to a Tuesday filing with