Donald Trump has demanded Microsoft fire Lisa Monaco and urged Intel CEO Lip-Bu Tan’s resignation, citing national security risks tied to government contracts and China connections.
Author: Nileena Sunil
Wall Street sees the “Magnificent Seven” losing dominance as new AI-driven leaders like Palantir, Oracle, and Broadcom emerge, reshaping the next wave of market winners.
Lufthansa Group plans to cut 4,000 jobs by 2030 amid digitization and cost pressures, as global airlines, including Spirit, announce major workforce reductions.
Perplexity launches its “Perplexity Search API,” offering fine-grained indexing, rich structured responses, and flexible pricing to power AI applications with speed, scale, and context.
Turkish Airlines orders 75 Boeing 787s and finalizes talks for 150 737 MAX jets, aligning with strategic growth and Erdogan-Trump talks on U.S. sanctions.
Meta’s Threads has surpassed Elon Musk’s X in global daily mobile users, signaling strong growth, rising ad revenue potential, and platform updates to enhance user engagement.
President Trump approved a deal handing TikTok’s U.S. operations to American investors led by Oracle, ensuring data security and compliance with the 2024 divestment law.
U.S. Treasury Secretary Scott Bessent announced a $20 billion swap line and standby credit support for Argentina, boosting markets ahead of the nation’s elections.
President Donald Trump is set to approve a deal transferring TikTok’s U.S. operations to American investors, ensuring U.S. control over data, ownership, and its algorithm.
Neon Mobile, a fast-rising social app, pays users for recorded calls sold to AI firms, raising major privacy, data ownership, and legal concerns.
Presight and Shorooq launch $100M Presight–Shorooq Fund I to back global AI startups, combining capital, infrastructure, and UAE’s international networks to drive transformative innovation.
Guided by his philosophy of “giving without taking,” Thomas Jacob empowers reentry students through scholarships, mentorship, and life skills training, turning second chances into lifelong opportunities.
As the $7,500 EV tax credits expire on Oct. 1, U.S. automakers brace for slowing demand, higher prices, and shifting consumer interest in electric vehicles.
Workslop, coined by Harvard Business Review, describes low-quality AI-generated work that clogs workflows, drains productivity, and costs organizations millions annually.
OpenAI, Oracle, and SoftBank expand their $400B Stargate Project with five new U.S. AI data centers, boosting compute capacity to nearly seven gigawatts.
Rocket Lab corporation announced it delivered two explorer-class spacecrafts to Kennedy Space Flight Center for NASA’s Escape and Plasma Acceleration and Dynamics Explorers mission in partnership with the University of California, Berkeley’s Space Sciences Laboratory
Meta is introducing an AI assistant and “Meet Cute” feature on Facebook Dating to reduce swipe fatigue, personalize matches, and help young adults find meaningful connections.
Spirit Airlines plans to furlough 1,800 flight attendants as part of cost-cutting measures amid its second bankruptcy in a year and shrinking flight network.
U.S. lawmakers urge the SEC to swiftly implement Trump’s executive order allowing cryptocurrencies and alternative assets in 401k retirement plans to expand investment options for Americans.
Google faces a U.S. antitrust remedy trial over its ad exchange business, with the DOJ pushing for stronger measures to restore fair competition in online advertising.
Government agencies will soon be able to use Meta’s Llama AI system, as the GSA approves it to enhance efficiency, security, and public service innovation.
Amazon faces trial in Seattle over FTC allegations that it used deceptive subscription practices for Prime, affecting nearly 40 million customers and violating consumer-protection laws.
Patient Square Capital to acquire Premier for $2.6 billion, taking it private to expand healthcare supply chain, technology, and advisory services.
China-based tech giant Huawei has revealed new artificial intelligence infrastructure meant to help boost compute power, and allow the company to compete with rival Nvidia
Top tech and business leaders joined U.S. President Donald Trump at a UK banquet as America and Britain launched the Tech Prosperity Deal with £31 billion investments.