Gold has surpassed U.S. Treasuries as the world’s largest reserve asset, with 89% of central banks expecting global gold reserves to rise.
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Amazon accelerates Project Kuiper satellite rollout, challenging SpaceX Starlink with global broadband plans
Tesla caps employee AI tool spending at $200 weekly, requiring approval for higher usage to control costs while expanding AI adoption.
Meta AI chief Alexandr Wang says upcoming Watermelon model matches OpenAI GPT-5.5, signaling major progress in the AI race
Ford employee fired over a $1.95 cookie was reinstated after bank records proved payment, raising workplace fairness concerns.
Meta launches Pocket, an AI app that creates interactive games and apps from text prompts with remixing and community discovery features.
Alibaba bans Anthropic’s Claude Code over alleged security risks, directing employees to adopt its in-house Qoder AI coding platform instead.
Microsoft deploys 6,000 employees to help businesses adopt AI faster through its new $2.5 billion enterprise AI initiative.
OpenAI explores granting the U.S. government a 5% stake before its IPO, aiming to expand public benefits from AI growth.
The e-commerce giant will pay $600 million after failing to block thousands of overseas contraband transactions.
Micron CEO Mehrotra commits $250 million to Trump Accounts, expanding long-term savings opportunities for American children and families
The Japanese technology investor is offering corporate repayment guarantees to ease lender concerns over private market valuations.
Uber-backed Lime raises $167 million in its U.S. IPO, highlighting strong growth, profitability, and expanding urban e-bike mobility demand.
Trump administration reportedly seeks a SpaceX stock donation for Trump Accounts as legal questions over corporate contributions remain.
Companies are reversing AI-driven layoffs, rehiring employees after discovering human expertise remains essential for quality.
Apple cuts iPhone 17 production by 15% as sales slow ahead of the expected iPhone 18 launch later this year.
Microsoft may cut 5,500 jobs as AI investments accelerate, reigniting debate over H-1B hiring and workforce restructuring in the tech sector.
Amazon launches a $1 billion AI-driven FDE initiative to accelerate enterprise AI adoption with embedded engineers and autonomous AI agents.
NIT Karnataka graduate Nacha to steer the global legal tech firm into an artificial intelligence driven era.
Indian American AI startup Noon acquires Bengaluru-based FinalRun to strengthen its AI product design platform and expand operations.
Apple Pay now lets eligible American Express cardholders redeem Membership Rewards points for everyday purchases through the digital wallet.
Elementor lays off over 100 employees as CEO cites rapid AI disruption, restructuring, and a shift toward AI-driven website development.
Apple iPhone 18 Pro supplier data, component details and prototype images leaked after Tata Electronics cyberattack.
Chamath Palihapitiya becomes CEO of AI startup 8090 Labs as the company raises $135 million in Series A funding.
NBS plans 600 job cuts following the Virgin Money merger as integration reshapes operations, eliminates overlapping roles.