Breaking News, Business, Financial and Economic News, World News from EconoTimes

Become a contributor

Bookmark Econotimes

Technology

Wed, Jun 17, 2026 07:48 PM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

European Commission to Fine Apple Record 500 Million Euros for Alleged Antitrust Violations

Feb 19, 2024 04:28 am UTC| Business Technology

Apple faces a historic fine from the European Commission. The European Union is expected to levy a record-breaking penalty of 500 million euros against Apple for alleged antitrust violations in its music streaming...

Jim Keller Challenges Sam Altman's $7 Trillion AI Chip Goal with Sub-$1 Trillion Bid

Feb 18, 2024 14:58 pm UTC| Technology

Many in the industry are shocked by rumors that OpenAI CEO Sam Altman intends to raise between $5 and $7 trillion to construct a network of fabrication facilities capable of producing sufficient processors for artificial...

Mark Zuckerberg Skeptical of Brain Chips, Prefers Maturation Over Elon Musk's Neuralink

Feb 18, 2024 14:45 pm UTC| Technology

At this time, Mark Zuckerberg is hesitant to experiment with neural chip implants. The CEO of Meta discussed brain-computer interfaces in a Friday-published episode of the Morning Brew Daily podcast. One of the wilder...

Android 15 Preview Launches with Bugs, Google Warns Developers of Issues

Feb 18, 2024 00:57 am UTC| Technology

Given that the initial Android 15 Developer Preview is now available on all compatible Pixel devices, it is reasonable to presume that those with a penchant for triggers will want to try it. To install it on your Pixel,...

Lady Gaga Spotted in Tesla Cybertruck; New Model Tours Tokyo

Feb 18, 2024 00:24 am UTC| Technology

Lady Gaga has consistently been a pioneering figure in pop culture, and it would seem that this prowess could also extend to her travels. Pop Sensation Lady Gaga Takes a Spin in the Tesla Cybertruck The pop icon is...

Lenovo's Innovative Patent Hints at Future Notebooks with Rollable Ultrawide Displays

Feb 17, 2024 16:10 pm UTC| Technology

Ultrawide and curved displays have dominated the monitor market, and a patent from Lenovo suggests that they may soon be implemented in notebooks. Lenovo Patent Reveals Ultrawide Rollable And Curved Displays For...

Sam Altman Seeks Washington's Nod for $7 Trillion AI Chip Expansion Plan

Feb 17, 2024 15:36 pm UTC| Technology

Sam Altman is seeking support from Washington for his AI semiconductor venture, which is valued at a trillion dollars. Sam Altman wants Washingtons backing for his $7 trillion AI chip venture Bloomberg reported...

791 792 793 794 795 796 797 798 799 800

Economy

German Auto Suppliers Turn Bearish as Investment and Jobs Shift Overseas

Germanys automotive suppliers are becoming increasingly pessimistic about the industrys outlook, with more companies expecting business conditions to worsen over the next 12 months than those anticipating improvement. A...

Asian Currencies Steady as Dollar Holds Firm Ahead of Fed Decision and US-Iran Deal Details

Most Asian currencies traded in a narrow range on Wednesday, while the U.S. dollar remained stable as investors awaited further details on a potential U.S.-Iran peace agreement and the outcome of the Federal Reserves...

Oil Prices Ease as Markets Weigh U.S.-Iran Peace Deal and Strait of Hormuz Reopening

Global oil prices edged lower on Wednesday, extending losses from the previous two sessions as investors continued to evaluate the impact of a newly announced U.S.-Iran peace agreement. However, uncertainty surrounding the...

Asian Stocks Advance as Nikkei Nears Record High Ahead of Fed Decision

Asian stock markets mostly moved higher on Wednesday, led by gains in Japan and Singapore, as investors awaited the U.S. Federal Reserves latest policy decision. Strong performance in technology and semiconductor stocks...

ASX Proposes New Share Dilution Limits for Public Takeovers

The Australian Securities Exchange (ASX) has unveiled significant proposed reforms aimed at strengthening shareholder protections and limiting share dilution during public takeovers and mergers. Under the draft rules...

Politics

Jamaica in Talks With U.S. to Accept Third-Country Deportees Under New Migration Agreement

Jamaica is negotiating a new migration agreement with the United States that would allow the Caribbean nation to temporarily receive third-country migrants deported by U.S. authorities, according to Deputy Prime Minister...

Trump Criticizes Israel's Lebanon Strikes, Urges Greater Civilian Protection

U.S. President Donald Trump publicly criticized Israels military operations in Lebanon, questioning the necessity of destroying entire apartment buildings while targeting Hezbollah militants. Speaking during the G7 summit...

Russian Strikes Kill Four in Eastern and Southeastern Ukraine, Trigger Fires and Damage

Russian attacks on cities in eastern and southeastern Ukraine killed at least four people and injured several others late Tuesday, according to local officials and prosecutors. The latest wave of strikes highlights the...

Brazil Supreme Court Convicts Eduardo Bolsonaro Over U.S. Lobbying Efforts

Brazils Supreme Court has convicted Eduardo Bolsonaro, the son of former Brazilian President Jair Bolsonaro, for seeking foreign interference in legal proceedings involving his father. In a unanimous decision on Tuesday, a...

US-Iran Ceasefire Deal Extends Peace Talks and Eases Oil Trade Restrictions

The United States and Iran have reached an interim agreement aimed at extending peace efforts in the Middle East and reducing tensions following months of conflict. U.S. President Donald Trump confirmed that the deal...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

Technology

Chinese Social Media Giant Xiaohongshu Eyes Hong Kong IPO at Over $70 Billion Valuation

Chinese social media platform Xiaohongshu, internationally known as RedNote, is reportedly preparing for a Hong Kong initial public offering (IPO) that could value the company at more than $70 billion. According to a Wall...

Samsung Gains Interest from BYD, Google, AMD as AI Chip Demand Strains TSMC Capacity

Samsung Electronics is attracting growing attention from major global technology companies as demand for advanced semiconductor manufacturing continues to exceed available capacity at Taiwan Semiconductor Manufacturing Co....

Kingboard Holdings Shares Surge After HK$11.77 Billion Block Trade to Expand PCB and AI Supply Chain Business

Kingboard Holdings Ltd. (HK:0148), one of Chinas leading circuit board and laminate manufacturers, announced on Wednesday that its subsidiary, Kingboard Laminates Holdings Ltd. (HK:1888), has entered into a block trade...

SoftBank Shares Drop as OpenAI Losses and Rising Costs Spark Investor Concerns

SoftBank Group Corp. (TYO: 9984) shares fell sharply on Wednesday after new reports highlighted growing concerns about OpenAIs financial performance and increasing cash burn, raising questions about the value of SoftBanks...

G7 Explores AI Access Deal With U.S. Amid Anthropic Restrictions

Leaders of the Group of Seven (G7) nations are discussing a proposal that could give selected trusted partners access to advanced artificial intelligence models developed by U.S. companies such as Anthropic, according to...