OpenAI Eyes $500 Billion Valuation in Employee Stock Sale
August 6, 2025
Key Points OpenAI, the creator of ChatGPT, is in early talks for a stock sale that would let its employees cash out some of their
Al Mahmud
Two Charged in Plot to Smuggle Nvidia AI Chips to China
August 5, 2025
Key Points The U.S. Justice Department has charged two Chinese nationals in California with running a multi-million dollar scheme to ship advanced AI chips to
Trump Narrows Fed Chair Search to Four Candidates
August 5, 2025
Key Points President Trump revealed Tuesday that he has narrowed his list of potential nominees to replace Federal Reserve Chair Jerome Powell down to four
$243M Verdict in Fatal Autopilot Crash Threatens Tesla’s Robotaxi Plans
August 5, 2025
Key Points A Florida jury has ordered Tesla to pay a staggering $243 million to victims of a fatal 2019 crash, finding that the company’s
Wall Street Rebounds as Investors Bet on Fed Rate Cut
August 5, 2025
Key Points U.S. stocks edged higher Tuesday, continuing a rebound from last week’s sharp sell-off. Investors are shaking off fears about new trade tariffs and
Trump Targets China and India in Push to Stop Buying Russian Oil
August 5, 2025
Key Points The Trump administration is turning up the heat on China and India, pushing them to stop buying Russian oil and cut off a
Australia Snubs Musk’s Starlink, Bets on Amazon’s New Satellite Service
August 5, 2025
Key Points Australia’s state-owned internet network has made a surprising choice, hiring Amazon’s untested satellite startup, Project Kuiper, to provide internet to its most remote
TSMC Sues Employees Over Suspected Leak of 2nm Chip Secrets
August 5, 2025
Key Points Taiwan Semiconductor Manufacturing Co (TSMC), the world’s top chipmaker, announced Tuesday that it has sued and disciplined several employees over a suspected trade
New Quantum Matter Could Lead to Self-Charging, Space-Proof Computers
August 5, 2025
Key Points Researchers at the University of California, Irvine, have discovered a completely new state of quantum matter. This breakthrough, they say, could lead to
Tesla Customer Loyalty Plunges After Musk’s Trump Endorsement
August 4, 2025
Key Points Tesla’s once-unbeatable customer loyalty has taken a nosedive, and new data pinpoints when the trouble started: right after CEO Elon Musk endorsed Donald
Google to Power Down AI Data Centers to Help Strained Grids
August 4, 2025
Key Points Google has struck a deal with two U.S. electric utilities to scale back power consumption at its massive AI data centers during times
RBC Warns S&P 500 Could Drop Below 6,000 in Next Pullback
August 4, 2025
Key Points Get ready for a potential dip in the stock market. According to RBC Capital Markets, the next pullback could easily push the S&P
Oil Prices Waver as OPEC+ Boosts Output and US Threatens Russia
August 4, 2025
Key Points Oil prices are bouncing around as traders weigh two big, opposing forces: a major production increase from OPEC+ and a looming threat from
Facing a Worker Crisis, Taiwan’s Chip Industry Courts the Next Generation
August 4, 2025
Key Points Dressed in a protective white suit, 16-year-old Nicolas Chueh is getting a firsthand look at the high-tech machines that power Taiwan’s most vital
AI Helps Physicists Discover Surprising New Laws of Motion
August 4, 2025
Key Points In a major leap for scientific discovery, physicists have used artificial intelligence to uncover new physical laws, moving beyond AI’s typical role as
Boeing Fighter Jet Workers to Strike After Rejecting Contract Offer
August 3, 2025
Key Points Union workers who build Boeing’s fighter jets in St. Louis have rejected the company’s latest contract offer and will go on strike at
India to Keep Buying Russian Oil, Defying Trump’s Threats
August 2, 2025
Key Points India plans to continue purchasing oil from Russia, directly challenging U.S. President Donald Trump’s threats of penalties, two Indian government sources said Saturday.
Trump’s ‘Tariff Shockwave’ Hits Global Economy
August 1, 2025
Key Points U.S. President Donald Trump has unleashed a new wave of heavy tariffs on dozens of trading partners, sending global stock markets tumbling and
Joby and L3Harris Team Up to Build New Military Aircraft
August 1, 2025
Key Points Joby Aviation, a company known for its electric air taxis, is partnering with defense manufacturing giant L3Harris to develop a next-generation military aircraft.
AI Backbone Startup Vast Data Nears $30B Valuation with Backing from Nvidia, Alphabet
August 1, 2025
Key Points Vast Data, a company that builds key infrastructure for artificial intelligence, is in talks for a massive new funding round. The deal could
New US Tariffs on Canada Rattle Stock Markets
August 1, 2025
Key Points U.S. President Donald Trump announced new tariffs on Canada Friday, sending stock markets on both sides of the border into a slide. The
US Tariffs to Hit Japanese Profits and Investment, Bank of Japan Warns
August 1, 2025
Key Points The Bank of Japan (BOJ) issued a stark warning on Friday, stating that profits at Japanese companies will likely fall this year due
EU Targets Big Tech’s Acquihires as Hidden Mergers
August 1, 2025
Key Points EU regulators are setting their sights on a popular Big Tech tactic used to absorb smaller rivals: the “acqui-hire.” This practice, where a
China Prepares for Largest-Ever SCO Summit in Tianjin
August 1, 2025
Key Points China is gearing up to host the largest summit the Shanghai Cooperation Organization (SCO) has ever seen in Tianjin, a Foreign Ministry spokesman
Physicists Spot Elusive ‘Particle Trio’ Inside Atom’s Core for First Time
August 1, 2025
Key Points For the first time, physicists believe they have spotted a rare, high-energy “dance” between three particles inside an atom’s nucleus. Protons and neutrons
New Instagram Phishing Scam Tricks You Into Replying to Fake Login Alerts
July 31, 2025
Key Points A new and sneaky phishing scam is targeting Instagram users with fake login alerts. Cybercriminals are sending emails that look exactly like the
Figma Stock Soars 158% in Blockbuster IPO, Valuing Company at $50 Billion
July 31, 2025
Key Points Figma’s stock surged nearly 158% in its market debut on Thursday, giving the design software company a stunning valuation of about $50 billion.
US Inflation Ticks Up in June as Tariffs Start to Hit Consumer Prices
July 31, 2025
Key Points U.S. inflation picked up in June, with prices for imported goods like furniture and clothing rising due to new tariffs. This supports the
Microsoft Stops Naming Its Rivals in Annual Report After 30 Years
July 31, 2025
Key Points In a major break from a decades-long tradition, Microsoft has stopped calling out its rivals by name in its annual report. For the
EU May “Group-Buy” U.S. Gas to Meet Massive Trade Deal Pledge
July 31, 2025
Key Points The European Commission is considering a plan to group European companies to buy more U.S. liquefied natural gas (LNG). The move is part
Elon Musk’s xAI to Sign EU’s AI Safety Rules, But Slams Other Parts
July 31, 2025
Key Points Elon Musk’s AI company, xAI, announced it will sign the safety and security chapter of the European Union’s new code of practice for
Gold Bounces Back After Fed Holds Interest Rates Steady
July 31, 2025
Key Points Gold prices bounced back on Thursday, climbing 1% after the Federal Reserve announced it was keeping interest rates on hold. The precious metal
OpenAI to Launch First ‘Stargate’ AI Data Center in Europe, Taps Norway for Site
July 31, 2025
Key Points OpenAI announced on Thursday that it is launching a “Stargate-branded” AI data center in Norway, its first such project in Europe. The massive
Asian Jet Fuel Floods into Europe Amid High Prices and Strong Demand
July 31, 2025
Key Points Jet fuel from Asia is flooding into Europe, hitting a multi-year high in July as traders ship out their excess supply to cash
China’s Regulator Grills Nvidia Over ‘Backdoor’ Security Risks in AI Chips
July 31, 2025
Key Points China’s top cyberspace regulator has demanded an explanation from Nvidia about whether its H20 artificial intelligence chips have any “backdoor” security risks. The
X-Rays Reveal Secret of Mysterious Star: It’s Actually Two Stars
July 31, 2025
Key Points An international team of astronomers has solved a long-standing mystery about a rare and massive star, revealing that it’s not one star, but