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Europe is strengthening control over its satellite infrastructure.
Starlink and Amazon may face tighter spectrum access in Europe…
Business bulletin
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Google engineer Michele Spagnuolo was charged with insider trading using Polymarket.
Operating as “AlphaRaccoon,” he used priv…
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Ferrari has fully entered the EV era.
The Luce sparked a heritage vs innovation debate.
Tech-driven design is reshaping luxury…
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American Airlines shares jumped 7% after announcing a deal to bring Starlink Wi-Fi to over 500 planes.
The airline will install …
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Ferrari launched the Luce, a 1,035-horsepower, quad-motor electric vehicle.
Designed by Jony Ive’s LoveFrom, it features a hig…
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OpenAI AI Safety is now a major focus.
Self-improving AI concerns are growing.
Oversight is becoming as important as innovati…
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SpaceX officially filed its S-1 prospectus on May 20 for a historic Nasdaq listing.
The offering targets a $1.75 trillion valua…
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Walmart warns shoppers face price hikes as fuel costs surge and tax refunds end.
Gasoline prices climbed 28.4% over the past yea…
Key Takeaways:
NVIDIA earnings are no longer enough to impress investors.
AI growth is facing cost, infrastructure, and competition pressures.
…
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The U.S. will invest $2 billion via the CHIPS Act in quantum computing companies.
IBM gets $1 billion for a quantum foundry focu…
Key Takeaways:
SpaceX is evolving beyond space into AI and tech infrastructure.
Investors are betting on Musk’s future-focused vision.
The S…
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Even strike threats at Samsung raised global supply chain concerns.
Workers demanded fair, profit-linked bonus distribution, not…
Key Takeaways
Meta cuts about 8000 jobs, representing 10% workforce
Around 7000 employees reassigned to artificial intelligence teams
Tota…
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AI Is Becoming a Global Power Industry
Money and Infrastructure Will Decide the AI Race
Public Scrutiny of AI Companies Will G…
Key Takeaways
Deal includes New York magazine and Vox.com assets
Podcast network with dozens of shows to be part of the acquisition
Compan…
Key Takeaways
Revenue reached $41.77 billion in the first quarter
Earnings per share reported at $3.43 adjusted
Net income…
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Inflation worries are rising as US bond yields cross 5%.
Stock markets remain under pressure due to high interest rates.
Emer…
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The Uber stake increased to 19.5% with additional 5.6% options
The €270 million share purchase was completed earlier in Ap…
Key Takeaways
AI competition is now about developer ecosystems, not just models.
Developer tooling like Stainless is becoming a strategic AI as…
Key Takeaways
California wants to stop Hollywood productions from leaving the state.
The plan focuses on protecting jobs and boosting film prod…
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Nearly 45,000 Samsung workers plan an 18-day strike from May 21 over profit-sharing bonus caps.
The historic walkout risks cutti…
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OpenAI hired lawyers for a breach-of-contract notice after missing billions in revenue.
Apple integration failed to drive subscr…
Key Takeaways
Microsoft is turning Edge into an intelligent workspace powered by Copilot, not just a tool for opening webpages.
It analyzes mul…
Key Takeaways
Figma’s AI tools are generating real revenue, with enterprise customers continuing to pay for additional AI usage.
Large companie…
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Cerebras shares surged 70%, achieving a $70 billion valuation in the largest 2026 IPO.
The dinner-plate-sized chip is reportedly…
Honda has reported its first annual loss since becoming a publicly traded company, marking a historic setback for one of Japan’s largest automobile ma…
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Allegiant Sun Country Merger: $1.5 Billion Deal Combines 195 Aircraft to Combat Fuel Spikes
The carrier is cutting Q2 capacity b…
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AI boosted Cisco’s earnings and outlook.
Cisco is shifting resources toward AI and cybersecurity.
Investors are bullish on Ci…
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875 roles (out of 17,500+) are being eliminated to realign with “high-growth” areas.
LinkedIn layoffs are a strategic restructur…
Key Takeaway:
Starship V3 is SpaceX’s biggest rocket upgrade yet.
The mission is crucial for NASA’s future Moon plans.
A successful launch c…
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Energy and shelter were the primary drivers, with energy alone accounting for 40% of the monthly increase.
Real wages fell 0.5% …
Key Takeaway:
Server-Side Failure: The “500 Internal Server Error” message confirmed the issue was within Google’s own data centers, not user hard…
Key Takeaways
The yen approached 160 against the dollar, prompting market intervention actions, Satsuki Katayama.
The authorities conducted yen…
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High-stakes delegation of 17 CEOs joins Trump to stabilize US-China trade.
The agenda focuses on Boeing jet deals, AI standards,…
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One ingredient issue led to a nationwide product recall.
The recall expanded despite no reported illnesses.
Food safety scares…
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Net income rose to $33.6 billion, driven by surging Brent crude prices hitting $118/barrel.
The East-West Pipeline reached its 7M…
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PS5 sales drop 46% as Sony pivots toward high-margin software growth.
Rising chip costs and hardware aging drive a 6% revenue dec…
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Even major AI partnerships face challenges around rollout, strategy, and integration.
The failed Snap Perplexity AI partnership …
Key Takeaways:
Cloudflare’s revenue surged 34%, but its AI-first strategy also led to a 20% workforce cut.
The company’s layoffs reflect a wide…
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CoreWeave raised its 2026 CapEx floor to $31 billion, driven by the spiking component costs.
The company’s revenue backlog surged…
Key Takeaway:
The Airbus deal is aimed at improving fuel efficiency, reducing costs, and optimizing routes, not just expanding fleet size.
AirA…
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The company posted a $2.9 billion net loss in its Warner Bros. Discovery Q1 earnings compared to a $453 million loss a year ago.
…
Key Takeaways
Michael Burry’s exit reflects concerns over GameStop’s risky debt-driven expansion.
GameStop is aiming to transform into a major …
Key Takeaway:
Apple will pay $250 million to settle claims of false advertising regarding “Enhanced Siri.”
Approximately 37 million U.S. iPhone…
Key Takeaways:
AI demand is booming: Strong profits + solid outlook show growth is intact
Execution gap: Revenue miss caused by delays, not wea…
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AMD Q1 earnings beat estimates with $10.25 billion in revenue and $1.37 earnings per share.
Data center revenue reached $5.8 bil…
Key Takeaways:
The venture will deploy Claude AI across hundreds of private equity-owned companies.
The initiative is backed by a $1.5 billion …
Key Takeaways
Apple is diversifying risk, not replacing its main chip partner.
Capacity pressure is forcing Apple to explore Samsung Electronic…
