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Apple Ordered to Pay $502M in 4G Patent Dispute with Optis

May 01, 2025 12:24 pm UTC| Business Law

Apple has been ordered to pay $502 million to Texas-based Optis Cellular Technology LLC for using 4G-related patents in its iPhones and iPads, following a ruling by Londons Court of Appeal on Thursday. The decision marks...

Roblox Lifts Forecast as Bookings Surge Amid Growing User Engagement

May 01, 2025 12:14 pm UTC| Business

Roblox raised its annual bookings forecast after surpassing Wall Street expectations in Q1 2025, signaling strong user spending despite U.S. tariff-related economic uncertainty. Shares of the gaming platform rose 5.3% in...

Romania to Appeal Petrochemical Holding GmbH Arbitration Award

May 01, 2025 09:18 am UTC| Business

Romania is set to appeal against the payment of an award to Petrochemical Holding GmbH at the International Centre for the Settlement of Investment Disputes. An ICSID tribunal found in favour of Petrochemical Holding GmbH...

The EU has banned BPAs: here’s what you need to know about this common, toxic compound

May 01, 2025 09:00 am UTC| Insights & Views Law Business

The European Union has banned the use of bisphenol A (BPA). This came into effect with Regulation 2024/3190 in late 2024, but it took over 20 years of scientific study to cut out this silent toxin. BPA slowly enters our...

Rio Tinto Faces Renewed Criticism Over Aboriginal Land Agreement Delays

May 01, 2025 05:04 am UTC| Business

Rio Tinto (NYSE:RIO) is under fire for failing to update a key land-use agreement with the Robe River Kuruma Aboriginal group, despite promising reforms after destroying the 46,000-year-old Juukan Gorge heritage site in...

Ford Scraps Key Vehicle Software Project Amid Mounting Costs and Delays

May 01, 2025 02:23 am UTC| Business

Ford Motor has discontinued its ambitious FNV4 programan advanced vehicle electrical architecture designed to rival Teslas integrated systemsdue to rising costs and repeated delays, according to sources familiar with the...

Microsoft Stock Soars on Strong Azure Growth and AI Momentum

May 01, 2025 02:08 am UTC| Business Technology

Microsoft (NASDAQ:MSFT) surged 7% in after-hours trading after reporting stronger-than-expected Q3 results, driven by robust growth in its Azure cloud business and rising demand for AI services. Azure revenue grew 33% in...

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Economy

Yen Strengthens as Japan Election Boosts Confidence, Dollar Wavers Ahead of U.S. Jobs Data

The Japanese yen held onto solid gains on Wednesday, supported by a strong rally in Japans stock market and growing optimism over the countrys political outlook following Prime Minister Sanae Takaichis landslide election...

Oil Prices Hold Firm as U.S.–Iran Talks and Inventory Data Shape Market Sentiment

Oil prices edged slightly higher on Wednesday as traders remained cautious, balancing ongoing U.S.Iran nuclear talks with fresh geopolitical risks and upcoming U.S. inventory data. Brent crude futures gained 23 cents, or...

China CPI Growth Slows While Producer Deflation Eases in January

Chinas inflation data for January showed a mixed picture, with consumer price growth moderating while factory-gate deflation continued to ease, according to figures released by the National Bureau of Statistics on...

Gold and Silver Prices Rise as Falling U.S. Yields Signal Softer Economy Ahead of Key Jobs Data

Gold and silver prices moved higher on Wednesday as declining U.S. Treasury bond yields boosted demand for precious metals, following economic data that pointed to a cooling U.S. economy. Investors closely watched the...

Wall Street Mixed as Retail Sales Stall and Investors Await Key Jobs Report

U.S. stocks finished mixed on Tuesday as investors reacted to weaker-than-expected retail sales data and positioned cautiously ahead of a highly anticipated labor market report. The Dow Jones Industrial Average edged...

Politics

FAA Confirms $1.5 Billion Peraton Contract as U.S. Air Traffic Control Overhaul Accelerates

The Federal Aviation Administration has confirmed that its contract with national security firm Peraton, the project manager for a sweeping $12.5 billion modernization of the U.S. air traffic control system, is valued at...

China Signals Strategic Rare Earth Push Amid Rising U.S. Competition

China has sent a fresh signal about the growing strategic importance of rare earth minerals as Premier Li Qiang, the countrys second-ranking official, inspected rare earth facilities in Jiangxi province this week,...

U.S. to Deploy 200 Troops to Nigeria to Train Military Against Islamist Militants

The United States is preparing to deploy approximately 200 troops to Nigeria to help train the countrys military in its fight against Islamist militant groups, according to a U.S. official. The deployment comes weeks after...

Tulsi Gabbard Winds Down Controversial Intelligence Task Force Amid Political Scrutiny

U.S. Director of National Intelligence Tulsi Gabbard has confirmed that she has wound down the Directors Initiatives Group (DIG), a task force she launched last year to combat what she described as politicization within...

Zelenskiy Orders Overhaul of Ukraine’s Air Defence as Russian Attacks Intensify

Ukrainian President Volodymyr Zelenskiy has convened senior military and government officials to address critical weaknesses in Ukraines air defence systems and civilian protection nearly four years into Russias full-scale...

Science

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

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...

Technology

Russia Signals Further Restrictions on Telegram Amid Ongoing Regulatory Disputes

Russia is set to impose additional restrictions on Telegram, one of the countrys most widely used messaging platforms, after authorities said the app failed to address earlier violations of Russian law. The announcement...

Cloudflare Forecasts Strong Revenue Growth as AI Fuels Cloud Services Demand

Cloudflare has projected annual and first-quarter revenue above Wall Street expectations, signaling strong confidence in the growing demand for cloud services driven by rapid advancements in artificial intelligence. The...

Minnesota Governor Says Trump Immigration Crackdown Could End Soon

Minnesota Governor Tim Walz said Tuesday that the federal immigration crackdown ordered by President Donald Trumps administration in Minnesota could end within days, following direct conversations with senior White House...

xAI Co-Founder Jimmy Ba Departs as Elon Musk’s AI Startup Faces Turbulence

Jimmy Ba, a co-founder of xAI, announced on Tuesday evening that he is leaving the artificial intelligence startup, becoming the sixth founding member to exit the company in recent months. Ba shared the news in a post on...

Samsung Electronics Sees Sustained AI-Driven Demand for Memory Chips Into Next Year

Samsung Electronics expects strong demand for memory chips to remain robust throughout this year and extend into next year, driven largely by the rapid expansion of artificial intelligence technologies, according to a...
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