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Fri, Dec 05, 2025 11:58 AM All times are UTC

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OpenAI Revenue Surges in 2025 Despite Heavy Spending on AI Development

Sep 30, 2025 04:47 am UTC| Technology Business

OpenAI has achieved a major financial milestone in 2025, generating approximately $4.3 billion in revenue during the first half of the year. According to a report from The Information, this marks a 16% increase compared to...

Senators Urge Probe Into Tesla Full Self-Driving Risks at Railroad Crossings

Sep 30, 2025 04:45 am UTC| Business Politics

Two U.S. senators are pressing federal safety regulators to investigate potential failures in Teslas Full Self-Driving (FSD) system, warning of catastrophic risks at railroad crossings. Senators Ed Markey and Richard...

U.S. Holiday Package Deliveries to Top 2.3 Billion Amid Tariff Challenges

Sep 30, 2025 04:30 am UTC| Business Economy

U.S. delivery companies are preparing for a record-breaking holiday season, with parcel volumes expected to reach 2.3 billion between Thanksgiving and Christmas. This marks a 5% increase from last year, supported by an...

U.S. Airlines Warn of Major Flight Disruptions Amid Potential Government Shutdown

Sep 30, 2025 04:28 am UTC| Economy Business Politics Governance

U.S. airlines are raising alarms over the potential impact of a partial federal government shutdown on American air travel. Major carriers represented by the trade group Airlines for America, including United Airlines,...

Verizon in Talks to Acquire EchoStar’s AWS-3 Spectrum for 5G Expansion

Sep 30, 2025 00:49 am UTC| Business Technology

Verizon Communications is reportedly in discussions with satellite operator EchoStar Corp. to acquire portions of its wireless spectrum, according to a Bloomberg News report citing sources familiar with the matter. The...

YouTube Settles Trump Lawsuit with $24.5 Million Agreement

Sep 30, 2025 00:23 am UTC| Business Technology Politics Law

Alphabet-owned YouTube has reached a $24.5 million settlement in a lawsuit filed by U.S. President Donald Trump over the suspension of his account following the January 2021 Capitol riots. The agreement, disclosed in a...

X to Appeal Indian Court Ruling on Content Removal Rules, Defends Free Speech

Sep 29, 2025 08:07 am UTC| Technology Business Law Governance

Elon Musk-owned social media platform X has announced plans to appeal a recent Indian court decision that dismissed its challenge against New Delhis new content removal system. The company expressed being deeply concerned...

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Economy

Gold Prices Edge Higher as Markets Await Key U.S. PCE Inflation Data

Gold prices moved higher in Asian trading on Friday, supported by a weakening U.S. dollar and strong expectations that the Federal Reserve will cut interest rates at its upcoming December 910 meeting. Spot gold rose 0.5%...

Asia’s IPO Market Set for Strong Growth as China and India Drive Investor Diversification

Asias equity capital markets are poised for another strong year as a surge of high-profile IPOs from China and India attracts global investors seeking diversification beyond U.S. assets. In 2025, Asian ECM...

Spain’s Industrial Output Records Steady Growth in October Amid Revised September Figures

Spains industrial sector posted a moderate yet encouraging rise in October, with industrial output increasing 1.2% compared to the same month last year, according to new data released by the National Statistics Institute...

European Stocks Rise as Markets Await Key U.S. Inflation Data

European stock markets edged higher on Friday as investors looked ahead to the delayed release of the Federal Reserves preferred inflation metric, a key indicator ahead of next weeks policy meeting. By early European...

European Oil & Gas Stocks Face 2026 With Cautious Outlook Amid Valuation Pressure

European oil and gas equities are entering 2026 on a more cautious footing as J.P. Morgans latest EU Oils Outlook highlights tightening valuations and growing concerns over a projected global oil oversupply. Despite Brent...

Politics

Taiwan Opposition Criticizes Plan to Block Chinese App Rednote Over Security Concerns

Taiwans political landscape heated up after the government announced a plan to suspend access to the Chinese social media platform Rednoteknown as Xiaohongshufor one year. The interior ministry said the proposed ban stems...

China’s Expanding Maritime Military Presence Alarms Taiwan and Japan

Taiwan and Japan expressed growing concern on Friday over Chinas expanding military activity across East Asian waters, following a Reuters report revealing Beijings largest maritime deployment to date. According to...

Honduras Election Turmoil Intensifies as Nasralla Blames Trump for Shift in Results

Honduran presidential candidate Salvador Nasralla says last-minute interference by former U.S. President Donald Trump undermined his chances in the countrys tightly contested election. Speaking with Reuters, Nasralla, a...

Australia and Japan Strengthen Defence Cooperation Amid Rising Regional Tensions

Australian Defence Minister Richard Marles will travel to Japan on Saturday for high-level defence talks with his counterpart, Shinjiro Koizumi, as both nations deepen security cooperation in response to growing regional...

U.S. Justice Department Orders Intensified Probe Into Antifa and Domestic Extremist Groups

U.S. Attorney General Pam Bondi has directed federal law enforcement agencies to significantly ramp up investigations into the antifa movement and other groups deemed potential domestic extremist threats, according to an...

Science

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Blue Origin’s New Glenn Achieves Breakthrough Success With First NASA Mission

Blue Origins massive New Glenn rocket marked a major milestone as it completed its first mission for paying customers, sending two NASA satellites toward Mars and successfully landing its reusable booster at sea. The...

Cogent Biosciences Soars 120% on Breakthrough Phase 3 Results for Bezuclastinib in GIST Treatment

Cogent Biosciences (NASDAQ: COGT) shares skyrocketed over 120% after the biotech company announced groundbreaking results from its Phase 3 PEAK trial evaluating bezuclastinib in combination with sunitinib for patients with...

Trump and Merck KGaA Partner to Slash IVF Drug Costs and Expand Fertility Coverage

U.S. President Donald Trump and German pharmaceutical company Merck KGaA have announced a groundbreaking deal aimed at lowering the cost of in-vitro fertilization (IVF) treatments while boosting access to fertility care in...

Technology

EU Prepares Antitrust Probe Into Meta’s AI Integration on WhatsApp

The European Commission is reportedly preparing to launch a new antitrust investigation into Meta Platforms Inc. (NASDAQ: META) over the companys recent rollout of artificial intelligence features within WhatsApp....

Sam Altman Reportedly Explored Funding for Rocket Venture in Potential Challenge to SpaceX

OpenAI CEO Sam Altman reportedly explored raising significant capital to acquire or partner with a rocket company, a move that could have created direct competition with Elon Musks SpaceX. According to a report from the...

Wikipedia Pushes for AI Licensing Deals as Jimmy Wales Calls for Fair Compensation

Wikipedia is seeking additional licensing deals with major technology companies to address the growing financial burden caused by artificial intelligence firms heavily scraping its platform, according to co-founder Jimmy...

Firelight Launches as First XRP Staking Platform on Flare, Introduces DeFi Cover Feature

Firelight reaches 25M XRP deposit cap within hours of launch; ushers in a new era for decentralized XRP staking. A new XRP staking platform, Firelight, has officially launched on the Flare blockchain, marking the first...

OpenAI Moves to Acquire Neptune as It Expands AI Training Capabilities

OpenAI has confirmed plans to acquire Neptune, a startup known for its advanced tools that help companies track, monitor, and optimize AI model training workflows. Although the company did not release the financial details...