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Netflix loses $15B after Musk urges cancellations
Netflix shares tumble as Elon Musk’s call to cancel subscriptions sparks a $15B market loss.
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The World's First Space Hotel to Open in 2027
If you're looking for an exciting way to enhance your post-pandemic travel plans, why not consider space travel? By 2027, Voyager Station, the first luxury space hotel, will be open for business.
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Uganda Uncovers $12 Trillion in Gold
Uganda has uncovered an estimated 31 million metric tons of gold deposits, with a projected value exceeding $12 trillion.
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McDonald’s says it plans to hire 375,000 people this summer
McDonald’s is launching its largest hiring campaign in five years, aiming to recruit up to 375,000 workers ahead of the summer rush.
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Toyota Launches Experimental City in Japan
Toyota opens the first phase of its experimental Woven City, a living testbed for autonomous technologies and smart living.
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Trump Signals Iran War Near End, Markets Rally
Trump signals a possible end to the Iran war, boosting global markets while uncertainty remains around negotiations and energy stability.
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Amazon to close all of its Fresh grocery stores in UK
Amazon will shut down all Fresh stores in the U.K., shifting focus to online grocery growth and Whole Foods conversions.
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Trump's 50% tariff on India kicks in
India faces a major economic test as Trump’s 50% tariffs bite, while Modi counters with tax cuts and a push for self-reliance.
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Perplexity AI Offers $34.5 Billion for Google’s Chrome
Perplexity AI has made a bold $34.5 billion bid for Google’s Chrome browser following a DOJ antitrust ruling.
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Foreign travelers soon to pay 'visa integrity fee'
The U.S. introduces a $250 “visa integrity fee” starting Oct. 1, raising total visa costs to over $400 for travelers from countries like Mexico, China, and Brazil. Tourism experts warn of reduced travel volumes.
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huawei just launched the maextro S800
Huawei and JAC Motors launch the Maextro S800, a full-size luxury EV sedan with cutting-edge tech, bespoke interiors, and superior safety.
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Apple Expands iPhone Production in India
Apple boosts iPhone production in India while facing U.S. tariff threats over Russian oil.
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Bending Spoons to Buy Vimeo for $1.38B
Vimeo will be acquired by Bending Spoons in a $1.38 billion deal, marking a major shift for the video platform as it returns to private ownership.
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Republicans Push Back Against Trump’s $1.5 Trillion Defense Plan
Republicans are showing rare resistance to Trump’s massive defense budget proposal, raising concerns over spending clarity and political timing ahead of midterm elections.
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BYD new mega factory will be the size of san francisco
In 2024, Chinese automaker BYD once again surpassed Tesla not only in production but also in revenue. BYD reported earnings of $107 billion, outpacing Tesla’s $97.7 billion for the year.
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China Launches World’s First 10G Broadband Network:
Picture this: you hit play on a 20GB 4K movie, and it’s fully downloaded before you grab a snack. That’s now possible in Sunan County, Hebei Province, thanks to China’s new 10G broadband network
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Trump Pushes Tech Firms to Prioritize American Workers
Trump calls on tech giants to stop hiring foreign workers, including Indians, urging a focus on U.S. jobs in AI.
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Around 88% of U.S. millionaires are self-made
According to a 2012 study by Fidelity Investments, 86% of millionaires consider themselves self-made, having accumulated their wealth through investments, capital appreciation, salaries, corporate stock options, and profit-sharing plans.
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Google buys Wiz for $32B
Google has announced the largest acquisition in its history, acquiring Wiz, a cloud security startup, for $32 billion in an all-cash deal. The agreement has now been officially confirmed.
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Skype Shuts Down After Two Decades
After more than 20 years of service, Skype officially shut down on May 5, marking the end of an era for one of the first major video- and voice-calling platforms.
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