Latest News

This category is Latest News, featuring up-to-date insights on business, technology, leadership, and global markets. It covers breaking stories, emerging trends, and expert analyses shaping the future of industries and economies worldwide.

European Parliament building in starsbourg for Tobacco control

EU Must Stand its Ground Amid Growing National Opposition to Tobacco Control Overhaul

Portugal has become the latest EU member-state to push back against long-overdue tobacco tax reform, joining a bloc of countries aligning themselves with Big...
Futuristic robotic

Bill Gates-Backed Field AI Secures $405 Million for Robotics Growth

Field AI, a robotics startup backed by Bill Gates, has raised $405 million across two funding rounds, attracting investments from Nvidia’s venture capital arm...
Trump Hosts Allies for Urgent Ukraine Peace Talks

Trump Hosts Allies for Urgent Ukraine Peace Talks

A high-stakes summit is unfolding at the White House as U.S. President Donald Trump and Ukrainian President Volodymyr Zelensky are joined by leaders from...
AI Investment Bubble

Sam Altman Warns of AI Investment Bubble

OpenAI chief executive Sam Altman believes the artificial intelligence sector is showing signs of a bubble, comparing today’s market enthusiasm to the late 1990s...
Trump Plans New Tariffs on Steel and Semiconductor Imports

Trump Plans New Tariffs on Steel and Semiconductor Imports

U.S. President Donald Trump said Friday he will impose new tariffs on steel and semiconductor chip imports in the coming weeks, signaling another escalation...
Profit Growth on AI Demand

Foxconn Set to Post Double-Digit Profit Growth on AI Demand

Taiwan’s Foxconn, the world’s largest contract electronics manufacturer, is expected to announce on Thursday an 11% rise in second-quarter earnings, driven by strong demand...

Perplexity AI Makes $34.5 Billion Bid for Google’s Chrome

Perplexity AI has made an unsolicited $34.5 billion all-cash offer to acquire Google’s Chrome browser, a move that would give the three-year-old startup control...
AI Boom Mints Record Number of New Billionaires (2)

AI Boom Mints Record Number of New Billionaires

Artificial intelligence startups are fueling one of the largest wealth creation waves in history, producing dozens of billionaires in just months and sending company...
GPT-5

OpenAI Unveils GPT-5, Claims PhD-Level Expertise

OpenAI has released GPT-5, its latest artificial intelligence model, claiming it delivers expert-level performance in areas such as coding, reasoning, and writing. CEO Sam...
apple invest

Apple to Invest $100 Billion More in U.S. Amid Tariff Threats

Apple has announced an additional $100 billion investment in the United States, responding to mounting pressure from President Donald Trump to shift more of...
Tesla Grants Musk $29 Billion in New Share Award

Tesla Grants Musk $29 Billion in New Share Award

Tesla’s board has granted CEO Elon Musk a fresh compensation package worth approximately $29 billion, tied to 96 million shares, according to a company...

Apple to Boost AI Investment Amid Rising Silicon Valley Pressure

Apple will “significantly” increase its artificial intelligence spending, CEO Tim Cook said Thursday after the company reported a 10% year-over-year rise in third-quarter revenue. Cook...
Europe Bets on AI

Europe Bets on AI Gigafactories to Boost Tech Competitiveness

Europe is pouring billions into gigawatt-scale AI factories as it races to close the gap with the United States and China in artificial intelligence....
tesla and samsung

Tesla Signs $16.5 Billion Chip Deal With Samsung

Tesla has struck a $16.5 billion agreement with Samsung Electronics to produce its next-generation AI6 chips at the company’s Taylor, Texas plant. CEO Elon...
New AI Tool Aeneas Aims to Revolutionize Roman History Research

New AI Tool Aeneas Aims to Revolutionize Roman History Research

A groundbreaking artificial intelligence system called Aeneas is poised to transform the study of ancient Roman inscriptions, offering historians a faster and more accurate...
Amazon to Acquire Bee AI in Push for Smarter Wearables

Amazon to Acquire Bee AI in Push for Smarter Wearables

Amazon confirmed plans to acquire San Francisco-based startup Bee AI, marking its latest move to integrate generative artificial intelligence into consumer devices. Bee, known for...
car tariff

Trump’s Car Tariffs Cost Stellantis €300 Million in First Half

Stellantis, the automaker behind Jeep, Vauxhall, and Fiat, reported a €300 million hit from U.S. trade tariffs imposed by President Donald Trump, according to...
meta refuse to sign

Meta Refuses to Sign EU AI Code, Cites Industry Harm

Meta Platforms has declined to sign the European Union’s new artificial intelligence code of practice, calling it an excessive measure that could hinder innovation. Joel...
Quant Strats Europe

Quantitative Finance Leaders to Share Insights from Dynamic Year and Explore Opportunities Shaping Industry’s...

Event will offer an unrivalled opportunity to unlock insight into drivers shaping today’s quant finance industry amid global trading boom   London, July 3, 2025 –...
Meta and Amazon Web Services

Meta and AWS Launch Program to Boost AI Startups Using Llama

Meta and Amazon Web Services have partnered to support early-stage U.S. startups building artificial intelligence applications using Meta’s Llama model, offering technical guidance and...
Nvidia CEO Praises China's AI Models as Chip Sales Set to Resume

Nvidia CEO Praises China’s AI Models as Chip Sales Set to Resume

Nvidia CEO Jensen Huang on Wednesday applauded China's progress in artificial intelligence, calling domestic models "world class" as the U.S. chipmaker prepares to restart...
Exterior of Starbucks Coffee

Starbucks Orders Corporate Staff Back to Office Four Days a Week

Starbucks will require corporate employees in the U.S. and Canada to return to the office four days a week starting in October, offering a...
Google Hires Windsurf Team

Google Hires Windsurf Team in $2.4 Billion AI Talent Deal

Google has struck a major agreement to onboard key figures from AI coding startup Windsurf, including co-founder and CEO Varun Mohan, as part of...
AI in education

Tech Giants and Unions Launch AI Training for 400,000 U.S. Teachers

Microsoft, OpenAI and Anthropic are joining forces with two major teachers’ unions to train 400,000 kindergarten through 12th grade educators in artificial intelligence over...
‘F1 The Movie’ Races to Record-Breaking Box Office for Apple

‘F1: The Movie’ Races to Record-Breaking Box Office for Apple

Apple scored its biggest theatrical win yet as F1: The Movie crossed $293 million at the global box office, overtaking 2023’s Napoleon to become...

Apple Sees First iPhone Sales Growth in China Since 2023

Apple recorded its first rise in iPhone sales in China in two years, marking a rare bright spot for the company as it works...
Trump Hails Beautiful Bill

Trump Hails “Beautiful Bill” as Congress Passes Sweeping Economic Package

President Donald Trump hailed the passage of what he called a “big, beautiful bill,” claiming it will go down as one of the most...

Microsoft to Cut 9,000 Jobs Amid Ongoing Organizational Restructuring

Microsoft has announced plans to lay off approximately 9,000 employees as part of a broader corporate restructuring, affecting under 4 percent of its global...
Senate Overwhelmingly Rejects AI Regulation Ban in Key Policy Bill

Senate Overwhelmingly Rejects AI Regulation Ban in Key Policy Bill

The U.S. Senate has voted decisively to eliminate a proposed 10-year freeze on state-level artificial intelligence laws from a sweeping Republican domestic policy package. In...
Trump Says TikTok Has Buyer, Announcement Expected in Two Weeks

Trump Says TikTok Has Buyer, Announcement Expected in Two Weeks

President Donald Trump said over the weekend that a buyer has emerged for TikTok, potentially ending months of uncertainty over the app’s future in...
AI salesforce

Salesforce Leans Heavily Into AI, Cuts Jobs Amid ‘Digital Labor Revolution’

Salesforce is pushing deeper into AI as it reshapes its operations and workforce, CEO Marc Benioff said this week. In an interview with Bloomberg, Benioff...
OpenAI

OpenAI Warns Zhipu AI Is China’s Rising Global Tech Contender

OpenAI has raised concerns over Beijing-backed startup Zhipu AI, calling it a key player in China’s growing artificial intelligence ambitions and a potential rival...
Judge Rules AI Training Part Legal

Judge Says AI Book Training Is Legal but Anthropic Must Face Trial

A federal judge ruled that training artificial intelligence on books is not a copyright violation, delivering a partial win to AI startup Anthropic while...
Meta and Apple Eye AI Search

Meta and Apple Eye AI Search Startup Perplexity in Bid to Catch Up

Meta and Apple have shown interest in acquiring Perplexity, an emerging artificial intelligence startup known for its AI-powered search engine, as both tech giants...
SpaceX Starship Explodes in Test as Musk Faces Growing Business Struggles

SpaceX Starship Explodes in Test as Musk Faces Growing Business Struggles

A SpaceX Starship rocket erupted in flames during a ground test on Wednesday, marking the fourth consecutive failure for the spacecraft designed to return...
amazon tech

Amazon CEO Warns AI Will Shrink Corporate Workforce in Coming Years

Amazon chief executive Andy Jassy has told employees to prepare for a smaller corporate workforce as the company expands its use of artificial intelligence. In...
Social Media Overtakes TV

Social Media Overtakes TV as Top News Source in the United States

More Americans now rely on social media and video platforms for news than on television or traditional news websites, according to new research from...
AI-Powered Smart Glasses

AI-Powered Smart Glasses Make a Comeback as Tech Giants Place Bold Bets

Over a decade after Google Glass stumbled, tech giants are giving smart glasses another shot — and this time, artificial intelligence could be the...
AI forces

AI Forces Major Shake-Up in Global Advertising Industry

The advertising world is facing a wave of disruption as artificial intelligence tools redefine how content is created, campaigns are managed, and consumers are...
Trump’s $45M Parade

Nationwide ‘No Kings’ Protests to Counter Trump’s $45M Parade

Washington is preparing for a large-scale military parade on Saturday to mark the 250th anniversary of the U.S. Army and celebrate President Donald Trump’s...
Walt Disney Studios

Disney and Universal Sue AI Firm Midjourney Over Copyrighted Character Images

Disney and Universal Studios have filed a federal lawsuit against artificial intelligence company Midjourney, accusing it of mass-producing unauthorized images of their most iconic...
Robot and human hands are touching AI transparent letters

ChatGPT Faces Service Disruptions Following Partial Outage

OpenAI’s widely used chatbot ChatGPT experienced a wave of technical problems on Tuesday following a partial system failure that also disrupted the company’s video...
Student visa granted, seal stamped in passport, customs office, travelling

Indian Students Face Uncertainty as US Stops Visa Appointments

Thousands of Indian students hoping to study in the United States face growing uncertainty after the US abruptly paused student visa appointments last month. Among...
NASA

Trump-Musk Feud Adds Turmoil to NASA’s Struggling Budget

A growing rift between President Donald Trump and Elon Musk is casting fresh uncertainty over the future of the US space program, as already...
iphone on a table showing icons of the apps instagram, telegram, tiktok, twitter, discord, telegram, chatgpt and paypal

Trump and Musk Clash Online in Escalating War of Words

A digital brawl erupted Thursday between President Donald Trump and Elon Musk, with the two titans trading jabs across rival social media platforms. Musk, who...
Nvidia campus

Nvidia Becomes World’s Most Valuable Company, Surpassing Microsoft

Nvidia reclaimed the title of the world’s most valuable public company on Tuesday, overtaking Microsoft as investor demand for artificial intelligence technologies continues to...
apple-USA

Trump Pressures Apple to Build iPhones in the US or Face Tariffs

President Donald Trump has reignited a long-running debate over American manufacturing, demanding Apple move iPhone production to the United States or face steep penalties....
Trump’s Tariff Policies Shift Again

Uncertainty Grows as Trump’s Tariff Policies Shift Again

A turbulent week in U.S. trade policy has left small businesses scrambling yet again, as conflicting court rulings and erratic tariff decisions from President...
AI - NVIDIA GeForce chip and printed circuit board PCB

Nvidia Shrugs Off China Setback With Strong Quarterly Growth

Nvidia reported a strong first quarter despite a $2.5 billion revenue loss tied to halted shipments of its H20 AI chips to China, the...

NPR Sues Trump Administration Over Funding Cuts, Citing First Amendment Violations

National Public Radio filed a federal lawsuit Tuesday accusing the Trump administration of violating the Constitution by attempting to defund public broadcasting. The legal...