Trump to Announce $70 Billion Push Into AI and Energy at Pittsburgh Summit
The White House says the package spans data‑center build‑outs, power‑grid upgrades, and next‑gen research labs—one of the largest single U.S. tech‑energy investments to date.
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Ford Recalls Nearly 1 Million Vehicles in U.S. and Canada for Fuel‑Pump Fault
A low‑pressure fuel‑pump defect has forced Ford to pull about 850,000 SUVs, trucks and luxury Lincolns built from 2021‑23, marking its second‑largest recall of the year.
TikTok CEO Seeks Emergency Meeting With Canada Over Shutdown Order
Shou Chew has asked Industry Minister Mélanie Joly for a face‑to‑face meeting within two weeks, urging Ottawa to reverse an order that would shutter TikTok’s Canadian offices and cut hundreds of jobs.
Meta’s First AI Supercluster ‘Prometheus’ Set to Launch in 2026
Meta CEO Mark Zuckerberg has revealed the company’s next major leap in AI infrastructure: the launch of its first AI data supercluster, dubbed Prometheus, expected to go online in 2026.
Indeed and Glassdoor Cut 1,300 Jobs as Parent Firm Bets Bigger on AI
Recruit Holdings will lay off 6 % of staff at job boards Indeed and Glassdoor—its third downsizing in three years—as it folds Glassdoor into Indeed and shifts resources to artificial-intelligence tools.
Lucid Air Sets Guinness Record with 749-Mile Drive on a Single Charge
Lucid Motors’ Air Grand Touring has logged 1,205 km (749 mi) on one charge, smashing the EV distance record and demonstrating the brand’s industry-leading efficiency.
Trump Imposes 30% Tariffs on EU and Mexico, Effective August 1
President Donald Trump has ordered a blanket 30 % duty on all imports from the European Union and Mexico starting August 1, escalating trade tensions and rattling global markets.
Amazon Prime Day 2025 Posts Record $24 B in Four-Day Shopping Marathon
Adobe Analytics says U.S. shoppers spent an unprecedented $24.1 billion during the expanded July 8-11 Prime Day, while Amazon touts its “biggest event ever” across 35+ categories.
Jannik Sinner Captures 2025 Wimbledon Crown, Topples Alcaraz in Four Sets
World No. 1 Jannik Sinner defeated two-time defending champion Carlos Alcaraz 4-6, 6-4, 6-4, 6-4 to claim his maiden Wimbledon title and fourth career Grand Slam, igniting a fresh chapter in their rivalry.
Tesla to Start India Deliveries in August After Mumbai Showroom Debut
Tesla will open its inaugural showroom in Mumbai on July 15 and expects to hand over its first vehicles to Indian customers by late August, marking a long-awaited entry into the world’s third-largest car market.
Robinhood Chief’s Startup Harmonic AI Hits $900 Million Valuation After $100 Million Raise
Harmonic AI, the math-focused artificial-intelligence venture co-founded by Robinhood CEO Vlad Tenev, has secured $100 million in fresh funding, lifting its valuation to just under $900 million.
Andreessen Horowitz Abandons Delaware, Reincorporates in Nevada
Venture capital powerhouse Andreessen Horowitz has shifted its legal home from Delaware to Nevada, calling the Silver State more business-friendly and urging startups to follow its lead.
Trump Slaps 35% Tariff on All Canadian Imports, Raising Stakes in Trade Dispute
A late-night letter from the White House confirms a sweeping 35 % levy on Canadian goods effective Aug. 1, sending markets skidding and prompting Ottawa to weigh retaliation.
Kraft Heinz May Split Into Two Companies, Shares Jump
A Wall Street Journal report says Kraft Heinz is studying a breakup that would separate its grocery staples from its faster-growing condiment business, sending the stock sharply higher.
Justin Bieber Drops Surprise Album ‘Swag,’ His First Release in Four Years
Pop superstar Justin Bieber has shocked fans with Swag, a 21-track album that marks his first full-length project since 2021’s Justice and signals a more mature, R&B-leaning sound.
Ferrero to Buy WK Kellogg in $3 Billion Bid to Add Corn Flakes to Nutella Empire
Italian confectioner Ferrero, maker of Nutella and Ferrero Rocher, will acquire cereal icon WK Kellogg for about $3 billion, gaining Froot Loops and Frosted Flakes as it expands its U.S. footprint.
Microsoft Outlook Endures 11-Hour Global Outage Before Gradual Recovery
Millions lost access to Outlook.com, mobile, and desktop clients for over half a day after a configuration fault crippled Microsoft’s email backbone; service is now stabilizing worldwide.
‘Jurassic World Rebirth’ Roars to Record $318 Million Global Opening
Universal’s dino epic claws in $147.3 million over the July 4 holiday and $318 million worldwide, setting a new high-water mark for Independence Day launches.
Bitcoin Blasts Past $113K, Sets New All-Time High on July 10 2025
Bitcoin surged above $113,800 on July 10, 2025, smashing its previous record amid renewed institutional demand, shrinking exchange supply, and safe-haven inflows.
Elon Musk Confirms Grok AI Chatbot Coming to Tesla Vehicles Next Week
Tesla CEO Elon Musk has confirmed that the company's vehicles will begin receiving Grok, an AI-powered chatbot developed by his startup xAI, as early as next week. The chatbot, which is already integrated into X will function as a voice assistant within Tesla cars
OpenAI Set to Launch AI-Powered Browser Aiming at Google Chrome’s Dominance
OpenAI will debut an AI-first web browser within weeks, hoping to woo ChatGPT’s 400 million users and chip away at Google Chrome’s lucrative ad empire.
Trump Hits Brazil With 50% Tariff, Citing Bolsonaro Trial and ‘Unfair’ Trade
Donald Trump has imposed a 50% tariff on imports from Brazil, citing both trade concerns and political motivations. The former president specifically pointed to Brazil’s ongoing prosecution of Jair Bolsonaro, calling the trial a “disgrace” and saying it mirrors politically motivated attacks he himself has faced.
Top spots to visit with an SUV rental from JFK — The Weekend Traveler’s Guide
Flying into New York City for the weekend and planning to get out of town?
Survive & Thrive: Risk Tips for Startups
Discover how startups can manage uncertainty with practical tips and enterprise risk management strategies tailored for real-world business challenges.
Trump Sets Aug. 1 Tariff Hikes on 14 Nations, Spares Canada for Now
Washington has warned Japan, South Korea and a dozen other nations of new import levies as high as 40 % starting Aug. 1, while Canada negotiates separate terms ahead of a July 21 deadline.
Trump Hits Copper Imports With 50% Tariff, Sparking Global Trade Jitters
In a bold escalation of his trade agenda, President Donald Trump has announced a 50% tariff on imported copper — a move that jolted global markets and sent U.S. copper prices soaring.
Texas Flood Tragedy Deepens as Death Toll Reaches 100, Locals Rally in Search for Missing
As the death toll from the devastating Texas Hill Country floods rises to at least 100, hundreds of volunteers are stepping in—despite officials pleading for caution. The Guadalupe River swelled rapidly after heavy rains, swallowing buildings, cars, and tragically, lives. Among the hardest-hit areas was a century-old girls’ summer camp.
Apple’s Top AI Models Chief Jumps to Meta in Multimillion-Dollar Deal
Apple’s head of foundation AI models, Ruoming Pang, has left for Meta’s new Superintelligence Labs, lured by a package reportedly worth tens of millions annually—marking the latest twist in Silicon Valley’s escalating AI talent war.
IBM Unveils Power11 Chips and Servers to Streamline Enterprise AI
IBM’s new Power11 processors promise lower downtime, built-in ransomware defense, and easier AI integration for mission-critical data centers.
CoreWeave Goes All-In on AI Powerhouse in Bold $9B Stock Deal
In a defining moment for the AI infrastructure arms race, CoreWeave is seizing the reins of its future. The cloud startup just inked a $9 billion all-stock deal to acquire Core Scientific, one of the largest data center operators in the U.S.—a move that instantly vaults CoreWeave into the upper echelon of AI power players.
‘F1’ Becomes Apple's Highest Grossing Movie Yet
Apple just hit the apex of its theatrical ambitions. The tech giant’s racing blockbuster F1: The Movie has surged past $293 million at the global box office, setting a new record as the company’s most successful film release to date.
Trump Unleashes New Round of Global Tariffs With August Deadline
In a sweeping move aimed at reshaping U.S. trade relationships, President Donald Trump has unveiled a new set of tariffs targeting nearly a dozen countries, with levies ranging from 25% to 40%.
Ford Q2 2025 Sales Surge 14%, Outpacing U.S. Auto Market
Ford Motor Co. posted a 14.2% jump in second-quarter U.S. sales—ten times the industry’s growth estimate—thanks to record F-Series demand and a spike in hybrid deliveries.
Apple Battles €500 Million EU Fine, Says App Store Ruling Overreaches
Apple has filed an appeal against the European Commission’s €500 million Digital Markets Act penalty, arguing the ruling misinterprets “steering” rules and harms both developers and consumers.
Amazon Prime Day 2025 Expands to Four Days of Deals
Prime Day returns July 8–11 with 96 hours of discounts, daily “Big Deals,” and new AI shopping tools—giving Prime members more ways than ever to save.
81 Dead in Texas Floods as Search for Missing Campers Continues
Central Texas is reeling from catastrophic flash floods that have left at least 81 people dead and over 40 still missing, with the death toll expected to climb as search-and-rescue operations continue.
Disney World Closes Three Classic Attractions for Piston Peak Land
Rivers of America, Tom Sawyer Island, and the Liberty Square Riverboat shut down July 7 as Magic Kingdom clears space for its biggest expansion ever: Piston Peak National Park.
Meta’s $100M AI Talent Hunt: Zuckerberg’s Plan to Build an AI Dream Team
Meta is ramping up its pursuit of AI dominance — and CEO Mark Zuckerberg is personally leading the charge. Rather than posting open job listings, Zuckerberg has compiled a private list of elite AI researchers from institutions like MIT, Stanford, and Carnegie Mellon, offering compensation packages rumored to exceed $100 million.
Louis Vuitton Korea Cyberattack Exposes Customer Data, Spurs Second LVMH Breach Probe
Louis Vuitton Korea has confirmed a June 8 cyberattack that leaked customer information — the luxury group’s second data breach in months — intensifying scrutiny of LVMH’s security practices.
Google Faces EU Antitrust Heat Over AI Overviews That Sap News Traffic
Independent publishers urge Brussels to curb Google’s AI Overviews, claiming the summaries siphon clicks and revenue from news sites and breach competition rules.
Apple Sees First iPhone Sales Growth in China Since 2023, Thanks to Strategic Discounts
Apple is finally seeing a turnaround in China, with iPhone sales climbing 8% in the second quarter of 2025 — its first quarterly increase in the region since 2023. The bump, according to a new report from Counterpoint Research, was largely fueled by timely promotional pricing on the iPhone 16 Pro and Pro Max models.
Ambiq Micro’s Low-Power Chips Power Up IPO Plans amid Generative AI Boom
Edge-AI chip designer Ambiq Micro has filed for a U.S. IPO, aiming to ride surging demand for energy-efficient processors and revive tech listings with its ultra-low-power solutions.
Alibaba Eyes HK$12 B Bond Windfall to Supercharge Cloud and Global Commerce
Alibaba plans to sell HK$12 billion ($1.53 billion) in zero-coupon exchangeable bonds tied to Alibaba Health, freeing fresh capital for AI-driven cloud upgrades and overseas commerce builds.
Amazon Makes Culture Core to Performance Reviews in Latest Workforce Shift
Amazon is tightening the reins on employee performance reviews with a newly structured evaluation process that puts company culture front and center. For the first time, its 16 leadership principles — like customer obsession and frugality — are officially embedded into how corporate employees are assessed.
Teamsters Slam UPS Over Alleged Contract Violation in Planned Buyout Scheme
UPS is under fire from the International Brotherhood of Teamsters after reports emerged of a planned Driver Voluntary Severance Plan (DVSP) that the union says would illegally bypass the terms of their national contract.
US Strikes New Trade Deal with Vietnam
Former President Donald Trump has unveiled a fresh trade agreement with Vietnam that drastically cuts planned tariffs on Vietnamese goods from 46% to 20%, aiming to keep negotiations alive and avoid disruption ahead of a July deadline.''
Microsoft to Lay Off 9,000 Workers in Largest Job Cut Since 2023
Microsoft is set to lay off around 9,000 employees, marking its biggest round of job cuts since 2023. The move impacts less than 4% of the company’s global workforce and reflects a broader push to streamline operations and increase productivity amid a rapidly evolving tech landscape.
Bumble Layoffs 2025: Dating App Cuts 30% of Workforce to Fund AI-Driven Revival
Bumble is trimming 240 jobs—about 30% of its staff—to save $40 million a year and bankroll fresh AI-powered features. Shares spiked on the news, but can leaner operations rekindle user love?
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