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Sat, Dec 20, 2025 02:07 AM All times are UTC

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OpenAI and Jony Ive Face Technical Challenges in Developing Screenless AI Device

Oct 06, 2025 01:10 am UTC| Technology Business

OpenAI and former Apple (NASDAQ:AAPL) design chief Jony Ive are reportedly encountering significant technical obstacles in their efforts to create a next-generation artificial intelligence hardware device. According to a...

Trump Urges Fannie Mae and Freddie Mac to Boost U.S. Homebuilding Amid Claims of Idle Lots

Oct 06, 2025 01:03 am UTC| Politics Business Economy

President Donald Trump has called on U.S. mortgage giants Fannie Mae and Freddie Mac to help get Big Homebuilders going, assertingwithout providing evidencethat American builders are sitting on 2 million empty lots, a...

Chevron Adjusts El Segundo Refinery Operations After Major Fire to Meet California Fuel Demand

Oct 05, 2025 00:21 am UTC| Business

Chevron announced operational adjustments at its El Segundo refinery in California following a significant fire that broke out Thursday night. The 285,000-barrel-per-day refinery, the second-largest in California and...

Sam Altman Seeks Global Partners to Boost OpenAI’s AI Chip Supply and Infrastructure Funding

Oct 04, 2025 11:23 am UTC| Business Technology

OpenAI CEO Sam Altman has launched a global fundraising and partnership drive to secure the computing power needed to meet the companys rapidly growing demand for artificial intelligence development. According to the Wall...

Renault Plans 3,000 Job Cuts Under Cost-Saving "Arrow" Plan

Oct 04, 2025 11:16 am UTC| Business

French automaker Renault is preparing to cut about 3,000 jobs through a voluntary redundancy program targeting support functions, according to French newsletter LInforme. The cuts are part of a cost-reduction strategy...

OpenAI’s Sora to Offer Copyright Controls and Revenue Sharing for Rights Holders

Oct 04, 2025 04:31 am UTC| Business Technology

OpenAI, the Microsoft-backed artificial intelligence company, is set to roll out new copyright controls in its video-generating app, Sora. The upcoming features will allow content rights holders, such as movie and...

U.S. Eyes Stake in Greenland Rare Earths Project Amid Growing Strategic Competition

Oct 04, 2025 03:50 am UTC| Politics Business

The Trump administration is weighing an equity stake in Critical Metals Corp, a New York-based company developing Greenlands Tanbreez rare earths project. According to four people familiar with the talks, Washington could...

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Economy

U.S. Stocks End Week Higher as Tech Rally Offsets Consumer Weakness

U.S. stocks closed higher on Friday, recovering from a volatile start to the week as gains in technology and AI-related shares outweighed sharp declines in consumer stocks such as Nike. Major indexes finished in positive...

EU Delays Mercosur Free Trade Agreement Signing Amid Ukraine War Funding Talks

The European Union has decided to delay the formal signing of its long-anticipated free trade agreement with the Mercosur bloc, as EU leaders convened in Brussels to prioritize discussions on funding Ukraines war effort....

Precious Metals Rally as Silver and Platinum Outperform on Rate Cut Bets

Gold prices edged slightly lower in Asian trading on Friday but were still on track to post modest weekly gains, as strong safe-haven demand continued to support the precious metals market. At the same time, silver and...

Oil Prices Steady in Asia but Headed for Weekly Loss on Supply Glut Concerns

Oil prices were mostly steady during Asian trading on Friday, but both major benchmarks were still on track to record a second consecutive weekly decline as persistent concerns over a global supply glut continued to...

New Zealand Business Confidence Hits 30-Year High as Economic Outlook Improves

New Zealands business confidence surged sharply in December, reaching its highest level in three decades, according to the latest ANZ Bank Business Outlook survey released on Friday. The data highlights growing optimism...

Politics

U.S. and China Push for Ceasefire as Thailand–Cambodia Border Clashes Escalate

China and the United States are intensifying separate diplomatic efforts to revive a ceasefire between Thailand and Cambodia, as Southeast Asian leaders prepare for a crucial ASEAN meeting aimed at addressing the worst...

Syria, Kurds and U.S. Race to Show Progress on SDF Integration Deal

Syrian, Kurdish and U.S. officials are intensifying diplomatic efforts ahead of a year-end deadline to demonstrate progress on a long-stalled agreement to integrate Kurdish-led forces into the Syrian state, according to...

Putin Signals Possible Peace or Continued War in Ukraine at Major Year-End Address

Russian President Vladimir Putin is expected to send a significant signal to the United States and European powers regarding the future of the Ukraine war when he speaks at his annual end-of-year news conference on Friday....

Trump Administration Reviews Nvidia H200 Chip Sales to China, Marking Major Shift in U.S. AI Export Policy

The U.S. government under President Donald Trump has launched a formal review that could pave the way for the first-ever shipments of Nvidias H200 artificial intelligence chips to China, according to multiple sources...

Trump Signs Order to Ease Federal Marijuana Rules, Signaling Major Policy Shift

U.S. President Donald Trump has signed an executive order directing federal agencies to loosen regulations on marijuana, a move that could mark one of the most significant changes in U.S. cannabis policy in decades. The...

Science

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Blue Origin’s New Glenn Achieves Breakthrough Success With First NASA Mission

Blue Origins massive New Glenn rocket marked a major milestone as it completed its first mission for paying customers, sending two NASA satellites toward Mars and successfully landing its reusable booster at sea. The...

Cogent Biosciences Soars 120% on Breakthrough Phase 3 Results for Bezuclastinib in GIST Treatment

Cogent Biosciences (NASDAQ: COGT) shares skyrocketed over 120% after the biotech company announced groundbreaking results from its Phase 3 PEAK trial evaluating bezuclastinib in combination with sunitinib for patients with...

Technology

Dina Powell McCormick Resigns From Meta Board After Eight Months, May Take Advisory Role

Dina Powell McCormick has resigned from Meta Platforms board of directors effective immediately, just eight months after joining the social media company, Meta confirmed on Friday. The unexpected departure comes at a time...

TikTok U.S. Deal Advances as ByteDance Signs Binding Joint Venture Agreement

TikTok has taken a major step toward securing its future in the United States after its Chinese parent company, ByteDance, announced it has signed binding agreements with three major investors to form a new joint venture...

Oracle Stock Surges After Hours on TikTok Deal Optimism and OpenAI Fundraising Buzz

Oracle Corporation (NYSE: ORCL) shares surged sharply in extended trading on Thursday, reflecting renewed investor optimism fueled by reports of a potential U.S. TikTok transaction and fresh fundraising discussions...

Apple Opens iPhone to Alternative App Stores in Japan Under New Competition Law

Apple has announced a major shift in its App Store policies in Japan, opening iPhones and other Apple devices to alternative app stores in order to comply with new competition laws aimed at reshaping the countrys...

Micron Technology Forecasts Surge in Revenue and Earnings on AI-Driven Memory Demand

Micron Technology delivered record first-quarter results and issued a bullish forecast for the current quarter, driven by rising memory prices and strong demand linked to artificial intelligence workloads. The upbeat...