Breaking 15:30 Chinese companies begin receiving billions in refunds of U.S. tariffs 15:16 Joby Aviation to acquire Resonant Sciences for $500 million as defense ambitions expand 15:15 United States records its hottest July ever as extreme heat intensifies 14:49 U.S. court allows thousands of lawsuits over alleged addictive social media designs to proceed 14:15 Trump Media reports $238 million quarterly loss and refocuses on Truth Social 13:20 Trump backs Infantino and warns FIFA against making a “serious mistake” 13:05 US military losses in Middle East conflict estimated at $13 billion 12:45 Trump signs executive order calling for changes to childhood vaccine recommendations 12:30 Brent crude rises above $90 as Iran-US standoff keeps Hormuz Strait blocked 12:25 Trump says Iran faces severe economic turmoil as Washington weighs three strategies 10:45 Meta launches new open-weight AI model as Zuckerberg calls for fewer U.S. restrictions 10:15 United States cancels more than 175,000 visas issued to foreign nationals 08:15 Meta sanctioned by California judge over destruction of evidence in scam-ad case 08:01 Trump secretly switched aircraft after NATO summit amid reported Iranian threats 07:19 Tupac Murder: Duane Davis's Trial Begins in Las Vegas After Three Decades of Investigation 21:30 US bitcoin funds record strongest inflows since April after wallet security breach 19:25 Meta launches open-source AI model and calls for lighter US restrictions 18:05 MySpace prepares a comeback as nostalgia for early social media grows 15:51 Poll shows broad U.S. support for tighter social media regulation

Rare space event as a SpaceX Falcon 9 rocket stage is set to hit the Moon

A discarded upper stage from a SpaceX Falcon 9 rocket is expected to collide with the Moon on August 5, creating a rare opportunity for astronomers to observe the effects of a human-made object striking the lunar surface. The rocket stage has been traveling in an elongated orbit around Earth for months after failing to re-enter the atmosphere......

EU fines Google nearly $1 billion in fresh antitrust action

  The European Union has imposed two major fines totaling €890 million, or roughly $1 billion, on Google, escalating regulatory pressure on the US technology giant and potentially adding to tensions between Brussels and Washington. The European Commission issued a €460 million penalty over allegations that Google unfairly......

US Senate moves closer to a key vote on the CLARITY Act for cryptocurrency regulation

The US Senate is preparing for a potentially decisive vote on the CLARITY Act, a major legislative proposal aimed at establishing clearer rules for the cryptocurrency and digital asset industry. The legislation is expected to face a vote next week, placing the future of US crypto regulation at the center of political and economic attention......

Rubio says Saudi Arabia plans to develop a peaceful nuclear program

US Secretary of State Marco Rubio has said that Saudi Arabia intends to develop a peaceful nuclear energy program, highlighting the growing cooperation between Washington and Riyadh in the field of civilian nuclear technology. Speaking at a press conference on the sidelines of an ASEAN foreign ministers' event, Rubio said that any agreement......

Meta lawsuit highlights challenges in proving AI bias in workplace layoffs

A legal dispute involving Meta Platforms is drawing attention to the growing challenges employees face when they accuse companies of using artificial intelligence in potentially discriminatory employment decisions. The case, brought by a group of Meta employees facing layoffs, highlights a broader legal problem: workers may struggle to obtain......

Elon Musk plans AI-generated adaptation of Homer's Odyssey with focus on historical authenticity

Elon Musk has announced plans to produce an artificial intelligence-generated adaptation of Homer's Odyssey, positioning the project as a version that aims to remain faithful to the original epic while highlighting the expanding role of generative AI in film production. The announcement, made on Musk's social media platform X, comes......

IBM acquires HRL Laboratories to expand dual-track quantum computing strategy

IBM has agreed to acquire HRL Laboratories, a private research facility specializing in quantum technologies, as the technology giant expands its approach to developing next-generation quantum computers. The acquisition adds a new technological pathway to IBM’s existing quantum strategy, which has largely focused on superconducting......

US aviation authorities introduce new standards to protect aircraft from 5G signal interference

The United States is preparing to introduce new aviation safety requirements aimed at reducing the potential risks posed by interference between advanced wireless networks and aircraft systems. The Federal Aviation Administration is expected to adopt rules requiring aircraft operating in the country to use radio altimeters that meet updated......

Lockheed Martin raises 2026 outlook as global conflicts drive weapons demand

  Lockheed Martin has increased its 2026 sales and profit expectations as rising geopolitical tensions and government efforts to rebuild military inventories fuel stronger demand for defense equipment. The United States defense contractor said its improved outlook reflects growing orders across key divisions, particularly missile systems......

Amazon cuts jobs in AI division as it reshapes investment priorities

Amazon is restructuring parts of its artificial intelligence operations, reducing staff within its artificial general intelligence division as the technology sector becomes increasingly competitive and companies reassess how they allocate resources. The company said the workforce changes are part of a broader effort to concentrate investment......

T-Mobile lifts free cash flow outlook as premium plans drive stronger growth

T-Mobile has raised its annual adjusted free cash flow forecast after reporting stronger-than-expected quarterly results, supported by growing demand for higher-value wireless plans and increased customer adoption of premium offerings. The United States telecommunications company said the shift toward more expensive subscription packages......

Amazon prepares AI-focused Prime Video overhaul under Jeff Bezos’ leadership

Amazon is preparing a major redesign of its Prime Video streaming platform, placing artificial intelligence at the heart of the user experience in an effort to demonstrate the company’s growing technological capabilities. The initiative, internally known as “Lighthouse,” is being driven by Amazon founder and executive chairman......

Elon Musk fuels speculation over potential Tesla and SpaceX merger

Fresh comments from Elon Musk have reignited speculation that Tesla and SpaceX could eventually be brought together under a single corporate structure, although the billionaire stopped short of confirming that any formal merger is under consideration. Speaking during Tesla's latest earnings conference call, Musk acknowledged the growing......

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