Breaking 13:31 Up to 16 percent of plant species face extinction by 2100, UC Davis study warns 12:15 Logitech CEO plans to boost spending on R&D and marketing 11:51 Leaked audio recordings allege US-backed plot to destabilize Latin America's left-wing governments 11:40 US and Iran trade fire in the Strait of Hormuz in most serious clash since ceasefire 11:30 US hybrid car sales soar as fuel prices rise 10:30 Mattel investor calls for strategic review as toy demand weakens 10:20 Search for two missing US soldiers in Morocco enters fifth day with 600 personnel deployed 10:15 Vatican’s careful language on Pope-Rubio meeting signals strained relations with Trump administration 09:30 Marco Rubio meets Giorgia Meloni amid tensions between Rome and Washington 09:00 Zyphra's sub-billion parameter AI model matches industry giants on reasoning benchmarks 08:37 Iran threatens UAE will "pay the price" after explosions rock Qeshm island 08:15 US investigates alleged smuggling of Nvidia AI Chips through Thailand 07:59 Trump sets July 4 deadline for EU to ratify trade deal or face higher tariffs 07:03 Microsoft scales back Copilot as the company retreats from its AI-everywhere strategy 17:00 Rave files antitrust lawsuit against Apple over App Store removal 16:45 BlackRock reduces private credit fund valuation by 5% in first quarter 16:20 Nvidia's Jensen Huang calls AI job loss warnings ridiculous and attacks rivals' God complex 16:15 United States sanctions Iraqi oil official and militias over alleged Iran ties 15:56 European climate model puts odds of a super El Niño by November at 100 percent 15:45 Whirlpool shares plunge after weak revenue and dividend suspension 15:23 Rubio visits Rome to ease Trump's rift with the Vatican and Italy 15:00 Trump and Lula meet at White House to address tariffs, minerals and security ties 14:30 Blackstone marks down private credit fund amid software sector concerns

Apple R&D spending tops 10 percent of revenue for first time as iPhone drives record quarter

Apple reported its strongest March quarter on record on April 30, posting revenue of 111.2 billion dollars and earnings per share of 2.01 dollars, surpassing Wall Street expectations of 109.66 billion dollars in revenue and 1.94 dollars per share. The results were driven by a 21.7 percent surge in iPhone revenue to nearly 57 billion dollars,......

Australian firm claims 3,000-fold quantum speedup over classical computing on real-world problem

Q-CTRL, an Australian quantum infrastructure software company, announced Tuesday that it has achieved what it describes as practical quantum advantage on a problem with direct commercial relevance, completing a materials science simulation in approximately two and a half minutes on IBM's 120-qubit quantum platform compared with more than......

Chinese chipmakers rally around DeepSeek V4 as Washington tightens AI export controls

China's semiconductor industry is consolidating rapidly around DeepSeek's V4 large language model, with a growing roster of domestic chipmakers racing to certify compatibility as the United States intensifies its technology restrictions on Chinese access to advanced AI hardware. Huawei moved first. Within days of DeepSeek releasing......

General Motors recalls more than 40,000 vehicles in the United States over brake fluid issue

General Motors has announced the recall of more than 40,000 vehicles in the United States following concerns related to brake fluid contamination that could increase the risk of accidents. According to U.S. road safety authorities, sediments found in the brake fluid may affect braking system performance and potentially reduce vehicle safety......

Mercedes opens European orders for its all-electric C-Class sedan starting at 67,000 euros

Mercedes-Benz has launched the online configurator for its fully electric C-Class in Germany, marking the commercial European debut of one of its most anticipated electric vehicles. The C 400 4MATIC, the sole variant available at launch, is priced from 67,711 euros and is offered on a leasing basis from approximately 470 euros per month. The......

AI agent leaks passwords after simple social engineering trick in live experiment

A high-profile live experiment, a malware campaign hidden inside a fake plugin, and a new open-source scanning tool have converged this week to expose the depth of security vulnerabilities facing autonomous AI agent systems, with findings that carry serious implications for how such tools are deployed at scale. British mathematician and professor......

Scientists identify 1,700 unknown proteins hidden in the human dark proteome

An international consortium of more than 60 researchers has identified 1,785 previously unknown microproteins embedded in segments of human DNA long assumed to be functionally inert. The discovery, published Wednesday in the journal Nature, could expand the known human proteome by nearly 10 percent, representing one of the most significant......

US Airlines spend $1.8 billion more on fuel in March as prices surge

Major United States airlines experienced a sharp increase in operational costs in March, driven mainly by rising jet fuel prices. According to recent transportation data, carriers collectively spent just over $5 billion on fuel during the month, marking an increase of approximately 56% compared to February. This represents an additional $1.8......

Global debt hits record near $353 trillion as investors diversify away from US treasuries

Global debt has reached a new record of nearly $353 trillion, highlighting ongoing financial imbalances and shifting investor behavior, according to a new report from the Institute of International Finance (IIF). The report indicates that, while global borrowing continues to rise, investors are gradually diversifying away from U.S. government......

US tariff refund process running smoother than expected, says Kuehne + Nagel

The online system for reclaiming U.S. tariff payments ruled unlawful by the Supreme Court is operating more smoothly than initially expected, according to a customs specialist at Swiss logistics group Kuehne + Nagel. The refund mechanism was launched last month following a court decision that struck down broad tariffs introduced under the......

US supreme court refuses to pause ruling in Apple-Epic Games dispute

The U.S. Supreme Court has declined to temporarily block a lower court order holding Apple in contempt in its long-running legal battle with Epic Games, marking a new chapter in one of the most closely watched disputes in the technology sector. The case stems from a broader antitrust lawsuit filed by Epic Games, the creator of the popular......

Eli Lilly expands investment with $4.5 billion boost to Indiana manufacturing sites

Eli Lilly and Company has announced a new $4.5 billion investment in its manufacturing operations in the state of Indiana, reinforcing its long-term commitment to expanding production capacity in the United States. Major expansion in Indiana The additional funding will be allocated across two of the company’s three major sites in Indiana,......

Samsung crosses $1 trillion valuation on record earnings and AI chip rally

Samsung Electronics shares surged more than 12 percent on Wednesday, pushing the South Korean technology giant's market capitalization above $1 trillion and making it only the second Asian company after TSMC to reach that threshold. The rally was driven by overnight gains in U.S. AI-linked stocks and record quarterly earnings, lifting......

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