Intel Shares Fall 8% as Foundry Business Cuts Projects Amid Customer Shortfall
Intel’s stock fell more than 8% after the chipmaker announced plans to significantly reduce foundry costs, its latest effort to revive a struggling business segment. Despite beating revenue expectations and…
Tesla Investors Growing Skeptical of Elon Musk’s Futuristic Promises
Tesla is grappling with declining vehicle sales, shrinking profits, and looming cuts in revenue from regulatory credit sales due to Republican-led policy changes. Musk’s Vision vs. Market Reality Despite recent…
Trump Clashes with Powell Over Renovation Costs During Fed Visit, Softens Firing Threats
President Donald Trump and Federal Reserve Chairman Jerome Powell engaged in a public back-and-forth on Thursday regarding cost overruns at the Fed’s Washington headquarters. The exchange occurred as Trump toured…
King Meets Modi Following Signing of India-UK Trade Deal
King Charles held talks with Indian Prime Minister Narendra Modi at Sandringham following the signing of a major free trade agreement between the UK and India. The deal will make…
Columbia to Pay Over $220 Million in Deal With Trump Administration to Regain Federal Funding
Columbia University announced on Wednesday that it has reached a deal with the Trump administration to restore federal funding after months of negotiations. The administration called the settlement a “seismic…
Trump Says He Won’t ‘Destroy’ Musk’s Companies by Cutting Subsidies
President Donald Trump on Thursday dismissed claims that he intends to undermine Elon Musk’s businesses or their collaborations with the U.S. government. Posting on Truth Social, Trump wrote,“Everyone is stating…
Australia to End Import Ban on US Beef Following Trump Tariff Dispute
Australia will lift its longstanding restrictions on importing beef from the United States, removing a trade barrier that had previously angered the Trump administration. The country effectively banned American beef…
Trump’s ‘Anti-Woke AI’ Order Could Transform US Tech Companies’ Model Training
When Chinese firms like DeepSeek and Alibaba launched their AI models, Western researchers quickly observed that these systems avoided questions critical of the Chinese Communist Party. U.S. officials later confirmed…
Sundar Pichai Expresses Enthusiasm Over Google Cloud’s Partnership with OpenAI
Google CEO Sundar Pichai said he is “very excited” about supplying OpenAI — Google’s biggest AI competitor — with cloud computing resources to train and serve OpenAI’s AI models, following…
Few Users Click Beyond Google’s ‘AI Overviews’ in Search Results
New research reveals that only a small percentage of Google users explore beyond the AI-generated summaries that now appear for many searches. These AI Overviews, introduced in 2023 and rebranded…
Trump’s Longstanding Grudge Against Obama Resurfaces Amid Epstein Controversy
President Donald Trump and his predecessor Barack Obama have met face-to-face just once—on November 10, 2016, two days after Trump’s initial election victory. That meeting in the Oval Office was…
Trump Announces Trade Deal with Japan Reducing Threatened Tariff to 15%
President Donald Trump unveiled a trade framework with Japan on Tuesday, introducing a 15% tax on goods imported from the country. “This Deal will create Hundreds of Thousands of Jobs…
Trump Files $10 Billion Lawsuit Against Murdoch and Wall Street Journal Over Epstein Article
Donald Trump has filed a $10 billion (£7.5 billion) lawsuit against Dow Jones, the parent company of the Wall Street Journal, and its owner Rupert Murdoch. The suit centers on…