Breaking 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 09:00 Apple R&D spending tops 10 percent of revenue for first time as iPhone drives record quarter

Venezuela releases dozens of political detainees amid US pressure

Venezuelan authorities have released dozens of political detainees in recent days, as international pressure—particularly from the United States—continues to influence developments in the country’s political landscape. The latest releases reportedly include more than forty individuals linked to cases involving the state......

Pentagon says 13 ships turned back as Iran blockade faces evasion tactics

The United States says its naval blockade of Iranian ports near the Strait of Hormuz has forced 13 vessels to turn back since operations began, even as maritime data suggests the enforcement effort is facing gaps. The operation, led by United States Central Command, has entered its fourth day amid rising tensions in the region. US military......

Oil giants set to gain $234 billion windfall from war driven prices

The world’s largest oil and gas companies, along with major producing states, are on track to generate an additional $234 billion in profits by the end of 2026 if crude prices remain around $100 per barrel. The projection, based on data from Rystad Energy, reflects how the conflict linked to Iran and the disruption of the Strait of Hormuz......

AI firms shift from seat pricing to usage based revenue models

Artificial intelligence companies are moving away from traditional per user pricing toward models that charge based on actual usage, according to a new analysis from Goldman Sachs. The shift reflects how AI is changing the nature of work, with software increasingly performing tasks instead of human users. The report, based on discussions......

U.S. lawmakers revise bill aimed at Chinese chipmaking industry

U.S. lawmakers have revised proposed legislation aimed at restricting China’s access to advanced semiconductor manufacturing equipment, scaling back some of the more expansive measures included in earlier drafts. The updated proposal reflects ongoing debates over how far export controls should go in the global technology race. The bill,......

Lebanon president rejects call with Netanyahu despite Trump announcement

Lebanese President Joseph Aoun refused to join a proposed phone call with Israeli Prime Minister Benjamin Netanyahu, contradicting an earlier announcement by Donald Trump that the two leaders would speak for the first time in decades. The decision underscores persistent political barriers between Beirut and Tel Aviv despite ongoing diplomatic......

Starlink growth surges as Spacex eyes potential public debut

Satellite internet service Starlink is experiencing rapid global expansion, with user numbers and app downloads rising sharply in recent months. The growth comes as its parent company, SpaceX, is reportedly preparing for a potential public market debut. According to industry estimates, Starlink has seen its monthly active users and application......

Global regulators scramble as AI model raises banking cyber risk fears

Financial authorities across Europe, the United Kingdom, and the United States have begun coordinated assessments of cyber risks linked to a powerful new artificial intelligence model developed by Anthropic. The system, known as Mythos Preview, has demonstrated the ability to identify and exploit previously unknown software vulnerabilities......

Nvidia CEO admits missing Anthropic investment while defending AI dominance

Nvidia chief executive Jensen Huang said he made a mistake by not investing earlier in Anthropic, as he pushed back against claims that custom AI chips from major tech rivals threaten Nvidia’s leadership. Speaking in a recent podcast, Huang argued that building a platform superior to Nvidia’s is far more difficult than critics......

Amex moves to acquire hyper in bid to expand Ai-powered expense tools

Financial services giant American Express has announced plans to acquire Hyper, a startup specializing in artificial intelligence-driven expense management solutions. The move highlights the growing importance of AI in reshaping corporate financial operations. Hyper, founded in 2022 and backed by Sam Altman, develops intelligent software......

EU warns gas prices will stay high for years after war damage

Europe will face elevated natural gas prices for years, even under the most optimistic scenario, the EU’s energy chief has warned, citing extensive damage to production infrastructure in the Gulf during the war involving Iran. The disruption has already tightened global supply and driven sharp increases in energy costs across the continent. European......

Tpg invests $100 million in student mobility company zum

Private equity firm TPG has announced a $100 million investment in Zum, a U.S.-based company focused on modernizing student transportation. The deal places Zum’s valuation at approximately $1.7 billion, reflecting strong growth and increasing investor confidence in the sector. The investment is being made through The Rise Fund, TPG’s......

Bny reports higher profit driven by strong fees and interest income growth

The Bank of New York Mellon (BNY) reported an increase in first-quarter profit on Thursday, supported by strong fee income and higher interest revenues, according to its latest financial statement. As the world’s largest custodian bank, BNY benefits significantly from managing and safeguarding client assets. During the quarter, global......

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