Breaking 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 13:02 Anthropic's Claude guided hackers toward water infrastructure control systems in documented cyberattack, report finds 13:00 US Jobless claims rise slightly as labor market remains stable 10:57 Ted Turner, CNN founder and American media pioneer, dies at 87 10:34 US Navy fighter jet disables Iranian tanker defying American naval blockade in Gulf of Oman 10:30 Brazil’s Lula visits Washington in bid to ease trade tensions with Trump 10:17 North Korea declares itself not bound by nuclear non-proliferation treaty at UN conference 10:00 Interpol operation leads to nearly 270 arrests in global medicine trafficking crackdown 10:00 Three US states monitor residents who traveled on hantavirus cruise ship as Andes strain confirmed 09:30 United States condemns Polisario attack on Es-Smara

Wildfires rage across Arizona and Europe in an unusually early and intense season

Wildfires are burning across multiple continents well ahead of the traditional summer peak, as prolonged drought and rising temperatures fuel an unusually early and aggressive fire season in both the United States and Europe. In Arizona, the Hazen Fire west of Phoenix near Buckeye had burned through 980 acres with zero containment as of May......

Ineos and Shell partner to explore new oil and gas opportunities in the Gulf of Mexico

Energy companies INEOS Energy and Shell PLC have announced a joint initiative to explore new oil and gas opportunities in the Gulf of Mexico. The collaboration aims to expand offshore exploration and production activities in the region. Focus on offshore exploration The partnership will focus on areas close to existing infrastructure, particularly......

AI-generated "podslop" now accounts for 39 percent of new podcast submissions

Nearly four in ten new podcasts added to major directories over a recent nine-day period were likely created by artificial intelligence, according to new data from Podcast Index, an open-source platform that tracks the global podcasting ecosystem. The flood of machine-generated audio content, increasingly referred to as "podslop,"......

Volvo cars reports decline in sales despite growth in electric vehicle segment

Swedish automaker Volvo Cars has reported a decline in global sales for the period between February and April, reflecting ongoing challenges in the automotive industry. The company sold over 160,000 vehicles during the three-month period, marking a drop compared to the same timeframe last year. Regional performance varies The company highlighted......

Emirates restores 96% of its network as global aviation fuel crisis deepens

The global aviation sector is reeling from a jet fuel crisis triggered by the US-Iran conflict, forcing airlines to cancel tens of thousands of flights, impose fuel surcharges, and in the case of Spirit Airlines, shut down operations entirely. Against this backdrop, Emirates announced on Sunday that it has restored 96 percent of its global......

Audi moves forward with US launch of flagship suv despite tariff uncertainty

German automaker Audi is moving forward with plans to launch its flagship SUV, the Q9, in the United States market this summer. The decision comes despite uncertainty surrounding potential increases in tariffs on European automotive imports. Tariff concerns Loom The possible rise in tariffs—reportedly up to 25%—has raised concerns......

UAE air defenses intercept Iranian missiles and drones amid Gulf escalation

The United Arab Emirates issued an emergency alert on Sunday warning residents of potential missile threats before declaring the situation under control, as Iranian strikes against Gulf targets enter a new phase within a broader confrontation between Tehran and Washington over the Strait of Hormuz. The episode marks the latest escalation in......

Iran's nuclear timeline unchanged despite ongoing war, US intelligence finds

Two months into a United States military campaign against Iran, American intelligence assessments indicate that the time Tehran would need to build a nuclear weapon has not changed since last summer, when a joint US-Israeli strike pushed that estimate back to roughly nine months to one year. Three sources familiar with the matter confirmed......

OpenAI launches a $10 billion joint venture to embed AI in private equity firms

OpenAI has finalized a joint venture valued at $10 billion, raising more than $4 billion from 19 investors in what represents the company's most aggressive move yet to embed its artificial intelligence technology directly inside large enterprises ahead of an anticipated public offering. The entity, known internally as "DeployCo"......

Wildfires spread across the Northern Hemisphere weeks ahead of schedule

An unusually early wildfire season has taken hold across the Northern Hemisphere, with active fires burning from the American Southwest to central Europe. Drought conditions, record-low snowpack, and abnormally high temperatures have combined to create dangerous fire weather well before the traditional summer peak. In Arizona, the Hazen Fire......

Iranian supertanker carrying $220 million in crude breaks through US naval blockade

An Iranian supertanker loaded with more than 1.9 million barrels of crude oil has successfully navigated past the American naval blockade and reached Southeast Asian waters, in one of the most direct challenges yet to Washington's efforts to choke off Tehran's petroleum exports. The vessel, a very large crude carrier operating under......

Bitcoin stalls near $78,000 as Binance logs five days of stablecoin outflows

Bitcoin entered May under quiet but measurable strain. After a rally that carried the cryptocurrency from $74,000 to $78,000 between mid and late April, on-chain data from Binance now points to fading momentum, with five consecutive days of net stablecoin outflows draining liquidity from the world's largest exchange by trading volume.......

Germany maps US potash dependency as potential lever in trade standoff

German officials tasked with identifying vulnerabilities in American supply chains have singled out potash, a critical agricultural input that the United States imports in overwhelming quantities, as a potential pressure point in any future confrontation with the Trump administration. The analysis forms part of a broader effort by Berlin and......

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