Technology

Oracle hires Schneider Electric's Maxson as CFO amid AI spending boom

Oracle on Monday named Hilary Maxson as its chief financial officer, tapping an executive with deep experience in infrastructure and energy as it ramps up

Health information delivered as a video game can bridge the communication gap between patients and providers

By letting people make choices and experience the outcomes of those choices, gaming provides a much more hands-on way of learning about health.

Investors press Amazon, Microsoft and Google on water, power use in US data centers

New Jersey cannot regulate Kalshi's prediction market, US appeals court rules

A federal appeals court ruled on Monday that New Jersey gaming regulators cannot prevent Kalshi from allowing people in the state to use its prediction market to

Maker of Stanley tumblers prevails in lawsuit over lead scare

A federal judge dismissed a proposed class-action lawsuit accusing the maker of Stanley tumblers of concealing that the popular water bottles contained lead.

Ukraine missile maker targets 'game changer' air defence system by 2027

Fire Point, maker of Ukraine's Flamingo cruise missile, is in talks with European companies to launch a new air defence system by next year, a senior

Nvidia acquisition of SchedMD sparks worry among AI specialists about software access

By Max A.

US ends probe into Tesla remote driving feature after software updates

The U.S.

Ford recalls over 420,000 vehicles in US over windshield wiper failure

Ford Motor is recalling 422,613 vehicles in the U.S. over a failure of the windshield wiper, the U.S. National Highway Traffic Safety Administration said on Tuesday.

Washington DC’s 240 million-gallon sewage spill is a symptom of nationwide trouble

The largest sewage spill in US history wasn’t the first, and it won’t be the last.

HVAC firm Madison Air raises $2.2 billion in US IPO

Indoor air systems provider Madison Air Solutions said on Wednesday it had raised $2.23 billion in the biggest U.S. initial public offering so far this year.

Aerospace parts maker Arxis raises $1.13 billion in US IPO

Aerospace parts maker Arxis said on Wednesday it raised $1.13 billion in its U.S. initial public offering after pricing shares at $28 each.

South Korea, Vietnam leaders to meet in Hanoi next week, sources say

Vietnam's president To Lam is set to meet his South Korean counterpart Lee Jae Myung in Hanoi next week, five people familiar with the matter said.

Elliott takes stake in Japan's Daikin, calls for higher returns

Elliott Investment Management said on Thursday it has taken a stake in Daikin and thinks the manufacturer of air conditioners should improve margins and

Pentagon approaches automakers, manufacturers to boost weapons production, WSJ reports

Senior U.S. defense officials have held talks about producing weapons and other military supplies with top executives of companies including General Motors and Ford Motor, the

European banks can withstand current shocks, watchdog head says

European lenders are resilient enough to absorb current financial and geopolitical shocks but need to prepare for future uncertainties including

Musk's staff reaches out to suppliers for Terafab project, Bloomberg News reports

Elon Musk's staff have reached out to chip industry suppliers for his Terafab AI chip complex project with SpaceX and Tesla, Bloomberg News reported on Wednesday. 

Circle CEO sees 'tremendous opportunity' for yuan-backed stablecoin

Circle Internet Group sees  "tremendous opportunity" for yuan-backed stablecoin as digital money becomes increasingly integrated into

TSMC Q1 profit jumps 58% to record, beats expectations

TSMC, the world's largest contract chipmaker, posted a 58% jump in first-quarter net profit on Thursday, beating market forecasts and hitting a record, as it benefits from

German banks examine risks of Anthropic's Mythos with authorities

German banks and national authorities are examining risks around Anthropic's new artificial intelligence model, an official said on Thursday, amid concerns

OpenAI CEO Altman seeks dismissal of sister's punitive damages claims in sexual abuse lawsuit

Sam Altman is seeking the dismissal of punitive damages claims in his sister's civil lawsuit accusing the OpenAI co-founder and chief executive of repeated

Prince Harry praises Australia's leadership on social media ban as Meghan tells of online bullying

Britain's Prince Harry on Thursday praised Australia's "epic" leadership on curbing harmful social media use for teens, as his wife Meghan, Duchess of

Samsung asks court to block illegal strike activities by unions

Samsung Electronics asked a court on Thursday to block its South Korean labour unions engaging in illegal activities during strike, a spokesperson said, as a wage dispute

German car buyers keen on Chinese EV maker BYD in first quarter, data shows

Chinese car brands such as BYD are gaining traction among German consumers who are increasingly looking to buy electric cars amid rising

Relaxation of US day-trading rules opens door to YOLO trading, higher risk

A regulatory move allowing smaller, everyday investors to engage in more day trading

Starlink outage hit drone tests, exposing Pentagon’s growing reliance on SpaceX

Last August, U.S. Navy officials carrying out a test of unmanned vessels realized they had hit a single point of failure: Starlink.

Google should allow third-party search engines access to data, EU says

The European Commission has proposed that Google allow third-party search engines to access its search data, including that of artificial intelligence chatbots with

TSMC lifts revenue forecast, pledges more capital spending to meet AI chip demand

TSMC raised its annual revenue forecast on Thursday and said it was stepping up capital spending this year as the world's

Strong ASML, TSMC forecasts signal AI spending boom is intact

Strong forecasts from ASML and TSMC this week point to another quarter of hefty spending by American cloud-computing giants as they race

Netflix debuts new 'Playground' gaming app for kids

Netflix doubled down on its gaming efforts on Monday, launching a new app called "Netflix Playground" that would feature games built around popular

OpenAI urges California, Delaware to investigate Musk's 'anti-competitive behavior’

OpenAI urged the California and Delaware attorneys general to consider investigating Elon Musk and his associates' "improper and anti-competitive behavior", ahead of a trial

Under global spotlight, Australia plays hardball on social media ban

Since Australia banned children from using social media in December, lawmakers from Spain to Malaysia have expressed interest in following suit, while U.S.

FAA proposes to hire 2,300 air traffic controllers in budget request

The Federal Aviation Administration said Monday it is proposing to hire 2,300 air traffic controller trainees as it works to address a persistent

Broadcom signs long-term deal to develop Google’s custom AI chips

Broadcom said on Monday it has signed a long-term agreement with Google to develop and supply future generations of custom artificial intelligence chips and other components for

Chinese pigs fed new menu as Beijing weans farmers off US soy

At the edge of one of the many pig farms spread across the vast, unbroken floodplains of Taizhou, a two-hour drive northwest of

China targets Taiwan's chip prowess to evade global 'containment', Taipei government says

China is targeting Taiwan to obtain its advanced chip manufacturing technology and talent as a way of breaking through international "containment" of the country, according

Ukraine's attack drone fleet faces a mini jet engine supply crunch

Specialist mini jet engine makers across Europe are ramping up production and investment to head off

Samsung flags eightfold jump in quarterly profit as AI chip demand pumps prices

Samsung Electronics on Tuesday projected its first-quarter earnings would exceed its entire profit for last year, beating expectations as

LG Energy Solution flags Q1 operating loss on weak EV demand

South Korean battery maker LG Energy Solution (LGES) said on Tuesday it expects to post a first-quarter operating loss of 208 billion won ($138.16 million), as weaker demand

SpaceX lays out IPO details, targets early June roadshow, sources say

SpaceX outlined details of its highly anticipated IPO at a meeting with its team of bankers Monday night, telling them it plans to earmark a large portion of

‘Wait for death’: Inside Iran’s psychological war against its enemies

‘Wait for death’: Inside Iran’s psychological war against its enemies

Depressed tech valuations could offer entry point for investors, Goldman Sachs says

Technology stocks, including those from the United States, are looking cheap following a prolonged period of underperformance, creating a potential entry point for investors,

ASML shares fall on US Congress plan to further restrict China exports

Shares of computer chip equipment maker ASML dipped on Tuesday, the first trading day after U.S. lawmakers last week proposed a law that could further restrict the

Artemis II moon crew flies farther than humans have ever gone before

The four astronauts of NASA's Artemis II mission flew deeper into space on Monday than any humans before them, as they cruised through a

Uber bets on Amazon's custom chips to boost AI efforts

Uber is using Amazon's custom chips to speed up computing and train artificial intelligence models, the cloud giant said on Tuesday, as the ride-hailing firm seeks advanced

Deere settles US right-to-repair lawsuit with $99 million fund, repair commitments

U.S. agriculture equipment maker Deere on Monday agreed to pay $99 million into a settlement fund for farms and farmers that are part of a class action over costs and access to

Novo Nordisk launches higher-dose Wegovy in the United States

Novo Nordisk said on Tuesday that it has made a higher-dose version of its blockbuster weight-loss drug Wegovy available across the United States.

Vape makers turn to 'Made in America' credentials amid Trump's tariffs, crackdown

The U.S. vaping market, long dominated by Chinese imports, is seeing an uptick of "Made in America" products, in what some analysts and industry executives

Fox to integrate Kalshi prediction market data across news platforms

Fox Corp said on Tuesday it will integrate Kalshi's prediction market data across its news and streaming platforms, reflecting a broader trend among media organizations to use

Blockbuster SpaceX listing could suck the oxygen out of fragile IPO market

As Elon Musk's SpaceX closes in on a $75 billion IPO that could rewrite record books, concerns are mounting that others looking to list in 2026 may find it harder to

Southwest Airlines to limit passengers to one portable charger on flights

Southwest Airlines said on Tuesday it will limit passengers to one lithium portable charger on flights and ban them from being stowed in overhead

Intel joins Musk's Terafab AI chip project to power humanoid, data center goals

Intel said on Tuesday it will join Elon Musk's Terafab AI chip complex project with SpaceX and Tesla to make processors powering the tech billionaire's

Iranian hackers' targeting of US critical infrastructure has escalated since start of war, US says

Iranian hacking campaigns targeting equipment used across multiple U.S. critical infrastructure sectors are escalating in response to hostilities, U.S. cybersecurity,

Amazon strikes deal with USPS that maintains 80% of package volume

Amazon.com on Monday announced it reached a new agreement with the U.S.

Apple's foldable iPhone faces engineering snags, potential shipment delays, Nikkei Asia reports

Apple has been encountering setbacks in the engineering test phase of its first foldable iPhone, which could lead to delays in its mass production and product shipment schedule,

PIMCO weighs $14 billion debt deal for Oracle's Michigan data center, Bloomberg News reports

Pacific Investment Management Co. is in talks with the Bank of America to help provide roughly $14 billion of debt financing to build an Oracle data center in Michigan, Bloomberg

Anthropic touts AI cybersecurity project with Big Tech partners

Anthropic on Tuesday announced an initiative with major technology companies, including Amazon.com, Microsoft and Apple, that lets partners preview an advanced model with

Taiwan's chipmaker TSMC reports 58% jump in profit, warns about Iran war impacts

Taiwan’s chipmaker TSMC has reported a 58% jump in profit for the January-March quarter thanks to strong demand driven by the artificial intelligence boom even as the Iran war was driving up costs

Hyundai resuming new Palisade SUV sales after finalizing fix

Hyundai Motor said on Tuesday it is lifting a halt on sales of recalled 2026 Palisade SUVs after finalizing a fix for a power seat issue that

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

Floodwaters inundate Wisconsin streets, trapping drivers, as Midwest rebuilds after storms

Floodwaters from record rainfall in Wisconsin have inundated streets, trapping drivers and forcing officials to close sections of a highway

How Trump’s repeated efforts to fire Federal Reserve Chair Powell harm the economy – and make battling inflation harder

Politicians have long coveted control over monetary policy. Good economic governance requires that they don’t get it.

The 'becoming Chinese' meme shows China's soft power moment is here

Young Western social media users are embracing a “very Chinese time” of their lives, and China’s government is keen to use this moment to boost the country’s cultural influence worldwide

USC student who lost an eye at ‘No Kings’ protest disputes federal account of crowd warnings

USC student who lost an eye at ‘No Kings’ protest disputes federal account of crowd warnings

Ukraine says it is employing new integrated drone-infantry warfare system

Ukraine's Defence Ministry said on Wednesday it was introducing a new model of combat operations integrating drone warfare with infantry and pointed to successes it said had been

Jury finds Live Nation and Ticketmaster operated as a monopoly and overcharged fans

Jury finds Live Nation and Ticketmaster operated as a monopoly and overcharged fans

Ford's advanced EV-and-tech chief to leave the company 

Doug Field, a Tesla and Apple veteran who has led Ford Motor's electric-vehicle and technology efforts for nearly five years, is leaving the automaker. 

Madison Air raises $2.2 billion in US IPO

Indoor air systems provider Madison Air Solutions said on Wednesday it had raised $2.23 billion in its U.S. initial public offering.

Nasdaq sets record highs as investors return to tech stocks

The Nasdaq hit an intraday all-time high and closing record on Wednesday, its first since October, as investors returned to technology stocks, signaling a rebound in risk appetite

Nuclear reactor developer X‑Energy targets $7.5 billion valuation in US IPO

Amazon-backed X-Energy is targeting a valuation of up to $7.51 billion in its initial public offering in the United States, the nuclear reactor developer said on

Trump-backed World Liberty Financial's early investors won’t be able to fully cash out until after Trump’s term

World Liberty Financial, the crypto venture co-founded by President Trump and his sons, released a new proposal

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-

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

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

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

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

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