Key Points: Salesforce and Slack filed a lawsuit against Microsoft in London on April 23. The legal team accuses Microsoft of unfairly tying its Teams app to other software. Slack previously filed a similar antitrust complaint with the European Commission...
Key Points: David Silver secured a record $1.1 billion seed funding round to launch his new artificial intelligence company, Ineffable Intelligence. The massive investment gives the months-old startup an immediate valuation of $5.1 billion, setting a new record for European tech firms. Ineffable Intelligence focuses on reinforcement learning, meaning its computer models learn through direct experience rather than reading internet text. Top tech researchers continue...
Key Points: Financial analysts expect General Motors to report $43.68 billion in first-quarter revenue, slightly trailing last year. The automaker projects a direct first-quarter tariff hit of up to $1 billion due to taxes on imported parts. First-quarter vehicle sales dropped 9.7 percent, but strong truck deliveries helped the company keep its top sales spot. Electric vehicle sales fell 19 percent as American buyers face...
Key Points: Microsoft announced a major contract update that ends its exclusive rights to use OpenAI technology and artificial intelligence models. OpenAI can now sell its services through competing cloud platforms like Amazon Web Services instead of relying solely on Microsoft. The new financial terms mean Microsoft will stop paying revenue shares, but OpenAI must keep paying Microsoft until 2030. Investors worry about the software...
Key Points: China abruptly canceled Meta Platforms' massive $2 billion deal to buy Manus, a fast-growing agentic artificial intelligence startup....
Key Points: Elon Musk takes Sam Altman to court over OpenAI's transition from a charity to a massive business. Microsoft...
Key Points: SpaceX sent a formal letter to the FCC on April 16 asking regulators to restrict foreign satellite competitors....
Key Points: Toyota sold 897,871 vehicles worldwide in March, down 7.3 percent from the same month last year. Dealerships in...
Key Points: Kia reduced the price gap between its vehicles and Chinese models in Europe from 20-25% down to just...
Key Points: Chinese artificial intelligence startup DeepSeek reduced the price of its input cache hits to just one-tenth of the...
Key Points: Fear of the "curse of 35" pushes young Chinese workers to start solo businesses powered by artificial intelligence....
Key Points: Auto China 2026 features more than 2,000 companies and 1,451 vehicles, including 181 global debuts. Horizon Robotics launched...
Key Points: Japanese chip equipment maker Tokyo Electron recently cut ties with its veteran executive Jay Chen following a shocking...
Key Points: A 26-year-old engineer created a 4-foot talking robot to help cure severe loneliness inside Australian nursing homes. Andromeda...
Key Points: Inflation and rising daily costs force Japanese beverage companies to rethink their massive vending machine networks completely. DyDo...
Key Points: Five major technology companies will report their first-quarter earnings this week to justify a massive market rally. Alphabet,...
Key Points: China promised to take all necessary measures to protect domestic companies from aggressive US export control bills. The...
Key Points: Alibaba launched a new smart tool that turns weeks of international sourcing work into a process that takes...
Key Points: Beijing strongly warned the US Congress that new chip export bills will severely damage global supply chains. The...
Key Points: Surging gas prices hit $4.06 per gallon, pushing 52% of shoppers to consider electric or hybrid vehicles. Consumer...
Key Points: Taiwan reached a massive $4.3 trillion market value, officially overtaking the United Kingdom as a global stock powerhouse....
Key Points: Nvidia added over $200 billion in value on Friday, pushing its total market cap past $5.12 trillion. The...
Key Points: Kazakhstan, Kyrgyzstan, and Uzbekistan will build a 1,880 megawatt hydropower plant on the Naryn River to power 1.5...
Key Points: A judge threw out the fraud claims Elon Musk filed against OpenAI, but kept his charitable trust and...
Key Points: Related Digital locked in $16 billion to build a large artificial intelligence data center in Michigan for Oracle....
Key Points: The Trump administration might invoke the 1950 Defense Production Act to rescue bankrupt Spirit Airlines. Negotiators proposed a...
Key Points: The US government watched its strategic investment in Intel quadruple, reaching a massive $36 billion valuation. Taxpayers gained...
Key Points: X-Energy raised $1.02 billion in its initial public offering and saw shares jump 27% on the first trading...
Key Points: The Brazilian government blocked 27 prediction market platforms to enforce strict betting rules. Authorities banned derivative trading based...
Key Points: The United States and European Union signed a Memorandum of Understanding to coordinate critical mineral supplies. The agreement...
Key Points: The U.S. Justice Department officially intervened in a lawsuit filed by Elon Musk's xAI against the state of...
Key Points: The U.K. government admitted that carbon emissions from AI data centers could be 100 times greater than previously...
Key Points: Google will invest an initial $10 billion in cash into artificial intelligence startup Anthropic at a $350 billion...
Key Points: Mexican President Claudia Sheinbaum announced plans to export 1 million barrels of oil directly to Japan. Japan requested...
Key Points: Chinese electric vehicle makers are focusing on overseas markets to increase profitability amid weak domestic sales. The ongoing...
Key Points: US chip stocks soared to record highs after Intel released an unexpectedly strong revenue forecast. The Philadelphia SE...
