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Elon Musk Pushes Back as Reports Claim SpaceX Is Worth $800 Billion
07 December 2025 When headlines flashed that SpaceX might be raising funds at an $800 billion valuation, expectations surged but Elon Musk quickly stepped forward to set the record straight, calling the claims inaccurate and reaffirming that the company has been sustainably cash-flow positive for years. The valuation spike stemmed from reports that SpaceX was nearing a secondary share sale and considering a public offering as early as 2026. Those projections would have placed
Dec 72 min read


Netflix’s Takeover of Warner Bros Signals New Era for Media Powerhouses
06 December 2025 The media world is watching closely this week as Netflix agreed to acquire Warner Bros Discovery’s studios and streaming business including names like HBO Max, DC Studios and the vast Warner film and television library in a deal valued at about $72 billion. What was once speculation is now set to reshape Hollywood, streaming and how content is created, distributed and consumed globally. Netflix’s bid emerged victorious after a heated auction following Warner
Dec 63 min read


Coupang’s Massive Data Leak Exposes 33.7 Million Customers
30 November 2025 Coupang logo is seen in this illustration taken February 11, 2025. REUTERS/Dado Ruvic/Illustration The online marketplace Coupang widely regarded as South Korea’s answer to Amazon has issued a public apology after revealing that data tied to 33.7 million customer accounts was exposed in what is now being described as one of the worst security failures in the country’s e-commerce history. In a sober statement shared on November 30, 2025, CEO Park Dae-jun ackno
Nov 303 min read


Google’s Gemini 3 Launch Signals a New Era for Search and AI Integration
18 November 2025 In a bold move that could redefine how billions of people interact with the web, Google LLC officially launched its latest large-language model, Gemini 3, and embedded it directly into its flagship search engine from day one. This marks the first time the company has rolled a new model into such a core product at inception, rather than waiting weeks or months for full integration. The announcement, made on November 18, 2025, describes Gemini 3 as “our most in
Nov 183 min read


UK firms brace for modest 3% pay rises as one in six plan job cuts due to AI
9 November 2025 In the latest survey from Chartered Institute of Personnel and Development (CIPD), British employers revealed that over the next twelve months they anticipate wage increases of about 3 percent maintaining the same projected rate for the sixth consecutive quarter. At the same time, the survey exposed sharper concerns about labour market fragility: one in six employers reported that the adoption of artificial-intelligence tools will lead to workforce reductions,
Nov 93 min read


Amazon expands its low-cost e-commerce platform to global markets amid competition from Chinese rivals
8 November 2025 Amazon is making a strategic play to reclaim ground in low-cost online shopping by expanding its budget-focused e-commerce service beyond the United States to international markets. The move represents the company’s most direct response yet to the surging popularity of Chinese-owned platforms like Temu and Shein, which have rapidly reshaped global consumer expectations around price and convenience. The new service internally dubbed “Amazon Low-Cost Stores” by
Nov 83 min read


Nvidia Becomes the First Company Ever to Reach a $5 Trillion Valuation
30 October 2025 An Nvidia logo and a computer motherboard appear in this illustration taken August 25, 2025. REUTERS/Dado Ruvic/Illustration/File Photo In a defining moment for the tech industry, Nvidia has achieved a staggering milestone becoming the first company in history to reach a market valuation of over $5 trillion. The company’s shares surged to around $207.86, bringing the total value of all its shares outstanding to approximately $5.05 trillion. Just three months e
Oct 303 min read


Microsoft and OpenAI Unveil Major Restructuring Deal to Formalize AI Partnership
28 October 2025 In a landmark agreement announced on October 28, 2025, Microsoft and OpenAI revealed a new deal that allows OpenAI to reorganize itself into a public-benefit corporation, a move that enables greater flexibility in fundraising, restructures its corporate governance and sets the stage for future public listing. Under the terms of the agreement, Microsoft retains approximately 27 percent of OpenAI’s newly formed for-profit entity valued at around $500 billion, wh
Oct 282 min read


Procter & Gamble Beats Wall Street Expectations Thanks to Strong Beauty and Hair-Care Demand
25 October 2025 Tide detergent, a brand owned by Procter & Gamble, is seen for sale in a store in Manhattan, New York City, U.S., June 29, 2022. REUTERS/Andrew Kelly/File Photo Procter & Gamble, the Cincinnati-based consumer-goods giant known for brands like Tide, Pampers and Olay, reported its fiscal first-quarter results on October 24, 2025, showing revenue of $22.39 billion and adjusted earnings of $1.99 per share, both of which exceeded analyst expectations. A key driver
Oct 252 min read


Coca-Cola defies economic headwinds as third-quarter revenue beats expectations
21 October 2025 The Coca‑Cola Company posted stronger-than-anticipated results in its third quarter of 2025, reporting revenue of $12.46 billion surpassing the analyst consensus of $12.39 billion largely driven by resilient demand for its signature sodas and a surging interest in its zero-sugar variants. Excluding one-off items, earnings stood at 82 cents per share, besting expectations of 78 cents. Despite a challenging backdrop of inflation concerns and cooling consumer spe
Oct 213 min read


Apple confronted with new antitrust challenge in China over App Store dominance
20 October 2025 People walk past the Apple logo at a booth showcasing Apple's suppliers, during the first China International Supply Chain Expo (CISCE) in Beijing, China November 28, 2023. REUTERS/Florence Lo A group of 55 iPhone and iPad users in China has lodged an antitrust complaint with the State Administration for Market Regulation (SAMR), accusing Apple Inc. of abusing its dominant position in the Chinese digital market by mandating the use of its own App Store and In-
Oct 203 min read


Spyware maker NSO Group barred from targeting WhatsApp and ordered to pay reduced damages
18 October 2025 A U.S. federal court has delivered a decisive blow to Israeli spyware firm NSO Group, issuing a permanent injunction barring it from targeting WhatsApp with its surveillance tools and drastically cutting the damages it must pay to WhatsApp’s parent company. The ruling, issued by U.S. District Judge Phyllis Hamilton, follows years of litigation between WhatsApp, owned by Meta Platforms, and NSO Group, whose flagship spyware product Pegasus has been at the cente
Oct 183 min read


Xiaomi shares plunge in their worst week in over three years following safety concerns tied to EV crashes
17 October 2025 A staff member cleans a Xiaomi SU7 electric vehicle displayed at the Beijing International Automotive Exhibition, or Auto China 2024, in Beijing, China, April 25, 2024. REUTERS/Tingshu Wang/File Photo Shares in Chinese technology firm Xiaomi tumbled sharply last week, recording their steepest weekly decline in more than three and a half years amid safety concerns sparked by two notable accidents involving its electric vehicle model. The drop was significant: o
Oct 172 min read


BlackRock and Nvidia lead $40 billion takeover of Aligned Data Centers
15 October 2025 A NVIDIA logo is pictured on its facility at the High-tech park at Yokne'am, in northern Israel July 9, 2025. REUTERS/Shir Torem In a dramatic move underscoring how deeply artificial intelligence is reshaping global investment flows, an investor consortium that includes BlackRock, Nvidia, Microsoft, Abu Dhabi’s MGX, Elon Musk’s xAI, Temasek, and others announced on October 15 their plan to acquire Aligned Data Centers from Macquarie Asset Management for roughl
Oct 152 min read


OpenAI teams up with Broadcom to build its first custom AI processor
13 October 2025 OpenAI announced on October 13 that it has partnered with semiconductor giant Broadcom in a major move to design and deploy its first in-house artificial intelligence processors, signaling a deeper push into custom hardware as demand for advanced compute continues to explode. Under the agreement, OpenAI will lead the design of the chips while Broadcom will handle development and deployment beginning in the second half of 2026. The plan is ambitious: the partie
Oct 132 min read


China says Qualcomm admitted it completed its Autotalks acquisition without notifying regulators
12 October 2025 Chinese authorities have revealed that U.S. semiconductor giant Qualcomm acknowledged acquiring Israeli chip designer Autotalks in June without notifying China’s regulator ahead of the deal, a move the country’s antitrust agency says violates its merger notification laws. The announcement came just days after China’s State Administration for Market Regulation (SAMR) formally launched an antitrust probe into Qualcomm. The regulator claims Qualcomm had been told
Oct 121 min read


Musk’s X quietly settles $128 million lawsuit with ex-Twitter executives over unpaid severance
08 October 2025 A 3D-printed miniature model of Elon Musk and the X logo are seen in this illustration taken January 23, 2025....
Oct 82 min read


Starbucks Shocks New York With Overnight Closures of Dozens of Stores
30 September 2025 Some 54 New York City Starbucks stores are closing. Niyi Fote/TheNEWS2 via ZUMA / SplashNews.com In a sudden and...
Sep 303 min read


Morgan Stanley Announces Crypto Trading for E*Trade Starting Mid-2026
23 September 2025 The corporate logo of financial firm Morgan Stanley is pictured on the company's world headquarters in New York, U.S....
Sep 233 min read


Rolls-Royce’s Nuclear Gamble: IPO Talk Sparks Buzz Over Small Reactor Ambitions
30 August 2025 Rolls Royce logo is seen in this illustration taken July 26, 2025. REUTERS/Dado Ruvic/Illustration On August 30, 2025,...
Aug 303 min read
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