Breaking 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

US and Iran trade fire in the Strait of Hormuz in most serious clash since ceasefire

American and Iranian forces exchanged fire in the Strait of Hormuz on Thursday in the most serious military confrontation since a ceasefire took effect on April 8, casting serious doubt over the ability of the month-old truce to hold as both sides traded accusations over who fired first. The incident drew in the United Arab Emirates and sent......

US hybrid car sales soar as fuel prices rise

American consumers are increasingly turning to hybrid vehicles as gasoline prices surge following geopolitical tensions linked to the conflict involving Iran. Recent industry data shows a clear shift in buying behavior as drivers look for more fuel-efficient alternatives. According to market research figures, hybrid car sales in the United......

Mattel investor calls for strategic review as toy demand weakens

An investor in Mattel has urged the toy manufacturer’s leadership to explore strategic options, including taking the company private or pursuing a potential sale, as the global toy market faces weakening demand. Southeastern Asset Management, which holds approximately 4% of Mattel’s shares, issued an open letter calling on Chief......

Search for two missing US soldiers in Morocco enters fifth day with 600 personnel deployed

A large-scale search and rescue operation entered its fifth day on Wednesday as more than 600 military personnel from multiple countries continued scouring Morocco's southern Atlantic coastline and open ocean for two American soldiers who went missing near the Cap Draa training area outside Tan-Tan. US, Moroccan, and other participating......

Vatican’s careful language on Pope-Rubio meeting signals strained relations with Trump administration

The Vatican’s unusually cautious wording following a meeting between Marco Rubio and Pope Leo XIV has been interpreted by analysts as a sign of underlying diplomatic tensions between the Holy See and the United States. The encounter, held at the Vatican, marked one of the most closely watched diplomatic meetings in recent months, taking......

Marco Rubio meets Giorgia Meloni amid tensions between Rome and Washington

Marco Rubio met Italian Prime Minister Giorgia Meloni in Rome amid growing diplomatic tensions between Italy and the United States over security issues and the conflict in the Middle East. The meeting took place following recent criticism directed at the Italian leader by former U.S. President Donald Trump, who reportedly expressed disappointment......

Zyphra's sub-billion parameter AI model matches industry giants on reasoning benchmarks

San Francisco-based AI startup Zyphra has released ZAYA1-8B, a mixture-of-experts reasoning model with only 760 million active parameters that matches or outperforms significantly larger models on mathematics, coding, and reasoning benchmarks, while having been trained entirely on AMD hardware. The release challenges prevailing assumptions......

Iran threatens UAE will "pay the price" after explosions rock Qeshm island

Explosions struck the Iranian island of Qeshm and the port city of Bandar Abbas overnight on Thursday, prompting state-aligned Iranian media to accuse the United Arab Emirates of conducting a hostile act and to warn that Abu Dhabi would face consequences if its involvement were confirmed. The incident added a volatile new dimension to an already......

US investigates alleged smuggling of Nvidia AI Chips through Thailand

U.S. authorities are reportedly investigating a suspected network that may have facilitated the transfer of advanced artificial intelligence chips from Southeast Asia to China, raising new concerns over technology export controls and global semiconductor trade. According to reports, investigators suspect that servers containing high-performance......

Trump sets July 4 deadline for EU to ratify trade deal or face higher tariffs

President Donald Trump issued a new ultimatum to the European Union on Thursday, demanding that the bloc ratify the trade framework reached last summer by July 4, the 250th anniversary of American independence, or face an increase in tariffs. The announcement came a day after a phone call with European Commission President Ursula von der Leyen......

Microsoft scales back Copilot as the company retreats from its AI-everywhere strategy

Microsoft is pulling back from its aggressive push to embed artificial intelligence across every corner of its product ecosystem, with the executive now leading Copilot publicly endorsing the removal of the feature wherever it has failed to deliver value. The reversal marks a significant shift for a company that spent nearly two years placing......

Rave files antitrust lawsuit against Apple over App Store removal

Software company Rave has filed an antitrust lawsuit against Apple Inc, accusing the technology giant of removing its video-sharing application from the App Store after launching a competing feature. The case, filed in a U.S. federal court in New Jersey, alleges that Apple engaged in anti-competitive practices by eliminating Rave’s......

BlackRock reduces private credit fund valuation by 5% in first quarter

Global asset manager BlackRock reported a decline in the valuation of its private credit portfolio, the BlackRock TCP Capital Corp, during the first quarter of 2026, reflecting ongoing pressures in parts of the credit market. According to its latest financial disclosure, the fund’s net asset value (NAV) per share fell by approximately......

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