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Google Cleared in Mexico Antitrust Probe Amid Global Regulatory Scrutiny

Jun 14, 2025 00:14 am UTC| Technology Business Governance Law

Mexicos antitrust authority, the Federal Economic Competition Commission (Cofece), has closed its investigation into Google without imposing any penalties. The probe, launched in 2020, examined whether Google engaged in...

Apple Shifts iPhone Exports from India to U.S. to Bypass China Tariffs

Jun 13, 2025 04:48 am UTC| Technology Business

Apple is ramping up iPhone exports from India to the U.S. to sidestep rising tariffs on Chinese-made devices. From March to May 2025, Foxconn exported $3.2 billion worth of iPhones from India, with a striking 97% headed to...

FAA Closes Investigation Into SpaceX Starship Flight 8 Engine Failure

Jun 13, 2025 04:29 am UTC| Business Technology Governance

The Federal Aviation Administration (FAA) announced on Thursday that it has officially concluded its investigation into the SpaceX Starship Flight 8 mishap, attributing the incident to a hardware failure in one of the...

Meta Invests $14.3B in Scale AI to Boost AGI Ambitions

Jun 13, 2025 02:45 am UTC| Technology Business

Meta Platforms (NASDAQ:META) has made a strategic $14.3 billion investment in Scale AI, valuing the AI data infrastructure startup at over $29 billion. The move marks Metas second-largest deal after its $19 billion...

Reddit User Growth Slows for Third Straight Month as Digital Ad Market Rebounds

Jun 12, 2025 11:02 am UTC| Technology Business

Reddits user base declined for the third consecutive month in May, according to Piper Sandler. The platform lost 6 million users month-over-month, driven mainly by a 7 million drop in feed ad units. Conversation units,...

OpenAI Eyes $40B Fundraise with Backing from Saudi PIF, Reliance, and SoftBank

Jun 12, 2025 03:42 am UTC| Technology Business

OpenAI is reportedly in discussions with major global investors, including Saudi Arabias Public Investment Fund (PIF) and Indias Reliance Industries (NSE:RELI), as it seeks to raise up to $40 billion in fresh funding,...

Samsung and Nvidia Join SoftBank in $100M Investment Round for Robotics Startup Skild AII

Jun 12, 2025 03:21 am UTC| Business Technology

Samsung Electronics (KS:005930) and Nvidia (NASDAQ:NVDA) are making strategic investments in U.S.-based robotics software startup Skild AI, aiming to strengthen their foothold in the rapidly expanding robotics and physical...

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Economy

Japan Signals Readiness to Intervene as Yen Weakens Toward 160 Per Dollar

Japanese Finance Minister Satsuki Katayama issued a stern warning to currency traders on Friday, signaling that Tokyo is prepared to take decisive action against what officials describe as speculative behavior driving...

China's Services Sector Maintains Growth Streak Despite March Slowdown

Chinas services industry continued to expand in March, though at a notably slower pace, as weakening demand and ongoing workforce reductions tempered activity across the sector. According to the latest RatingDog Services...

U.S. Stock Futures Stabilize Ahead of Good Friday as Investors Eye Jobs Report

U.S. stock index futures held steady Thursday evening as markets entered a cautious holding pattern before the Good Friday holiday closure, with traders weighing Middle East tensions and positioning ahead of a critical...

Gold Prices Drop as Trump Escalates Iran Threats, Oil Surges

Gold prices retreated Thursday, breaking a multi-day winning streak after President Donald Trump signaled an intensified military campaign against Iran over the coming weeks. The remarks rattled investors who had grown...

U.S. Dollar Climbs as Trump Escalates Rhetoric Against Iran

The U.S. dollar strengthened Thursday, drawing support from its safe-haven status after President Donald Trump signaled a significant escalation in military operations against Iran. The U.S. Dollar Index climbed 0.4% to...

Politics

Microsoft's $10 Billion Japan Investment: AI Infrastructure and Data Sovereignty Push

Microsoft is set to pour approximately $10 billion into Japan between now and 2029, channeling funds into data center expansion and artificial intelligence infrastructure to meet the countrys growing demand for data...

U.S. Strikes on Iran Draw War Crimes Warnings from International Law Scholars

More than 100 international law experts from leading American universities, including Harvard, Yale, Stanford, and the University of California, have signed an open letter warning that U.S. military strikes on Iran may...

UN Confirms Sexual Exploitation Allegations Against Haiti Security Force Members

A United Nations report has confirmed that four allegations of sexual exploitation and abuse committed by members of a UN-backed security force operating in Haiti were substantiated following formal investigations. The...

Zelenskyy Offers Ukraine's Naval Drone Expertise to Secure the Strait of Hormuz

Ukrainian President Volodymyr Zelenskyy has stepped onto the global maritime security stage, offering Ukraines proven naval defense capabilities to countries working to safeguard freedom of navigation through the Strait of...

Russia Unleashes Drone Barrage on Kharkiv, Injuring Child Among Victims

Russian forces launched a sustained drone offensive against Kharkiv, Ukraines second-largest city, throughout Thursday, leaving at least two people injured, including an eight-year-old girl. Local officials confirmed the...

Science

NASA Artemis II: First Crewed Moon Mission Since Apollo Takes Four Astronauts on 10-Day Lunar Journey

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Mission: First Crewed Lunar Journey Since Apollo

NASA's Artemis II Crew Arrives in Florida for Historic Moon Mission

The four astronauts chosen for NASAs Artemis II mission have touched down at Kennedy Space Center in Florida, marking the beginning of final launch preparations for the first crewed lunar journey in over 50 years. NASA...

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

Technology

Australia's Social Media Ban for Under-16s Sparks Global Movement

Australias landmark social media ban for users under 16, which took effect in December, is reshaping digital policy conversations worldwide. Countries including Spain and Malaysia have signaled interest in adopting similar...

SpaceX Eyes Historic IPO at $1.75 Trillion Valuation

Elon Musks aerospace giant SpaceX has quietly filed a confidential IPO registration with the U.S. Securities and Exchange Commission, according to Bloomberg News sources familiar with the matter. The move signals that the...

Annie Altman Amends Sexual Abuse Lawsuit Against OpenAI CEO Sam Altman

Annie Altman has filed an amended civil lawsuit against her brother, OpenAI CEO Sam Altman, accusing him of sexually abusing her over a span of nearly a decade. The amended complaint was submitted Wednesday in St. Louis...

TSMC Japan's Second Fab to Produce 3nm Chips by 2028

Taiwan Semiconductor Manufacturing Company (TSMC), the worlds leading contract chipmaker, has confirmed plans to begin equipment installation and mass production of 3-nanometre wafers at its second fabrication plant in...

Apple Turns 50: From Garage Startup to AI Crossroads

In early 1976, engineer Steve Wozniak finished designing a computer circuit board he planned to share with fellow hobbyists at a local California tech club. His friend Steve Jobs recognized a commercial opportunity, and...