Starcloud hits $1.1 billion valuation as AI space infrastructure grows

Starcloud, a startup developing orbital computing infrastructure, has raised $170 million, bringing its valuation to $1.1 billion as interest in space-based AI systems accelerates. The funding round, led by Benchmark and EQT Ventures, highlights growing investor demand for off-planet data solutions to ease the strain on terrestrial energy......

SpaceX launches 119 payloads from California on Transporter-16 rideshare mission

SpaceX launched its Transporter-16 rideshare mission Monday morning from Vandenberg Space Force Base in California, sending 119 payloads to a sun-synchronous orbit aboard a Falcon 9 rocket. One of the largest dedicated smallsat rideshare flights in SpaceX history, the mission lifted off from Space Launch Complex 4 East during a window that......

Egypt urges Trump to end Iran conflict, warns oil could surge above $200

Egypt’s President Abdel Fattah al-Sisi called on U.S. President Donald Trump to halt the ongoing conflict in Iran, warning that oil prices could surpass $200 per barrel. Speaking at the Egypt Energy Show 2026 in Cairo, Sisi emphasized that only international leadership could prevent the war from escalating in the Gulf region. Highlighting......

Researchers build a phonon laser that could one day replace GPS

Researchers at the University of Rochester and the Rochester Institute of Technology have developed a new type of laser that manipulates sound particles rather than light, a breakthrough they say could eventually contribute to navigation systems immune to jamming. The findings, published March 30 in Nature Communications, describe the first......

Spain closes airspace to U.S. aircraft involved in Iran conflict

The Spanish government has closed its airspace to U.S. aircraft involved in the ongoing conflict against Iran, according to Defense Minister Margarita Robles. Spain’s left-leaning government has expressed strong opposition to U.S.-Israeli military actions in the region. Robles clarified that the use of U.S. bases in Spain for operations......

Asian currencies and stocks tumble as Iran war drives oil toward $115

Asian currencies and equity markets came under heavy selling pressure on Monday as the U.S. and Israeli military campaign against Iran, now entering its fifth week, continued to push oil prices higher and deepen risk aversion across the region. South Korea's Kospi plunged 4.73 percent at the open in Seoul, falling to 5,181.80, while the......

Gold holds near $3,490 as oil surge dims hopes of Fed rate cuts

Gold prices held steady near $3,490 per ounce as the final week of March drew to a close, with the precious metal caught between safe-haven demand driven by escalating Middle East tensions and downward pressure from surging oil prices that have all but erased expectations of Federal Reserve rate cuts this year. Brent crude surpassed $110......

Faouzia performs at Lollapalooza Chicago with new album Film noir

Faouzia, the 26-year-old Moroccan singer, takes the stage at Lollapalooza Chicago from July 30 to August 2, 2026. The festival draws hundreds of thousands to Grant Park each year. She brings her debut studio album, Film noir, released November 7, 2025. The record includes three singles that have gained millions of streams. Born in Oujda,......

Kosovo agrees to deploy troops to Gaza in U.S.-led peace initiative

On Monday, Kosovo’s government confirmed its decision to send troops to Gaza as part of an international peacekeeping mission supported by the United States. This move comes following last year’s ceasefire between Israel and Hamas. Several countries, including Indonesia, Morocco, Kazakhstan, and Albania, have also pledged forces......

Cambodia cuts electric vehicle import duties amid global fuel price surge

Cambodia will eliminate import duties on passenger electric vehicles, reducing the rate from 35% to zero effective April 1. The government also removed duties on electric vehicle battery chargers, electric motors, lithium batteries and solar energy devices to help consumers cope with rising energy costs. The country imports all its oil and......

Oil tops 116 dollars as Iran conflict fuels record electric‑vehicle demand

The war between the United States, Israel, and Iran, along with a de facto closure of the Strait of Hormuz, has upended global energy markets, and the ripple effects are now reshaping how consumers around the world buy cars. With Brent crude surpassing 116 dollars a barrel this week, drivers from Seoul to Stockholm are shifting toward electric......

Morgan Stanley backs memory stocks after market selloff triggered by TurboQuant

Google, a subsidiary of Alphabet, unveiled TurboQuant on Tuesday, March 24, an algorithm that compresses key‑value cache memory in large language models by a factor of six—and within hours memory and storage stocks were tumbling worldwide. The announcement reignited fears that advances in AI efficiency could erode demand for one of......

Gurman calls Apple’s upcoming foldable iPhone its “most important transformation” ever

Apple is preparing what Bloomberg’s Mark Gurman calls the “most important transformation in iPhone history”: a foldable iPhone expected to be unveiled in September alongside the iPhone 18 Pro family, though it may not reach customers for several weeks or even months after launch. In his Power On newsletter, Gurman described......

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