
Trump Buys SpaceX Shares After Record IPO
Aug 25, 2026 03:33 am UTC| Politics Business Technology
President Donald Trump purchased between $15,001 and $50,000 worth of SpaceX shares on June 23, according to a financial disclosure signed on August 12 and released Friday. The SpaceX investment was one of more than 1,000...

Xiaomi Unveils Xring O3 Chip for Flagship Foldable Phone
Aug 24, 2026 06:40 am UTC| Business Technology
Chinese smartphone giant Xiaomi unveiled its new Xring O3 processor on Monday, advancing its strategy to develop proprietary chips and reduce dependence on external semiconductor suppliers such as Qualcomm and MediaTek....

Countries Tighten Social Media Bans for Children
Aug 24, 2026 05:04 am UTC| Governance Technology
Governments worldwide are tightening social media restrictions for children as concerns grow over online safety, mental health, addictive features and exposure to harmful content. Australia became the first country to...

New Zealand Moves to Ban Social Media for Children Under 16
Aug 24, 2026 04:35 am UTC| Governance Technology
New Zealands conservative coalition government is moving to restrict social media access for children under 16, with a new bill set to be introduced in Parliament on Monday. The proposed legislation would impose strict...

Nvidia Eyes Perplexity Investment at $30 Billion Valuation
Aug 24, 2026 04:31 am UTC| Business Technology
Nvidia is reportedly in talks to invest in artificial intelligence startup Perplexity as part of a multibillion-dollar funding round that could value the AI company at more than $30 billion. The potential Nvidia investment...

Samsung Shares Tumble 8% as $79 Billion Return Plan Disappoints
Aug 24, 2026 03:08 am UTC| Business Technology
Samsung Electronics shares plunged as much as 8% in early Monday trading after the South Korean technology giants record shareholder-return plan fell short of investor expectations, particularly over share buybacks and the...

SoftBank Plans Record $6.3 Billion Bond Sale to Fund OpenAI Investments
Aug 24, 2026 02:47 am UTC| Business Technology
SoftBank Group is preparing to raise 1 trillion yen ($6.3 billion) through a retail bond offering as the Japanese technology conglomerate increases funding for its artificial intelligence investments, particularly its...