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.
Hudson’s Bay to Change Corporate Name After Canadian Tire Acquisition
Hudson’s Bay is set to change its legal name following Canadian Tire’s acquisition of its intellectual property. The historic retailer will retain its brand under new ownership as the court oversees the company’s restructuring and formal rebranding process under CCAA.
Listeria Outbreak Linked to Chicken Alfredo Meals Triggers Major Recall After 3 Deaths
A deadly listeria outbreak tied to FreshRealm’s chicken Alfredo meals sold at Walmart and Kroger has killed 3 and caused a pregnancy loss. Multiple products have been recalled as the CDC investigates cases across 13 states. Consumers are urged not to eat affected items.
SpaceX Starship Explodes During Texas Test, Raising Concerns Over Moon and Mars Missions
SpaceX’s Starship exploded during a routine test at its Texas Starbase facility, marking the fourth failure this year. No injuries were reported, but the rocket’s reliability is under scrutiny as it's key to NASA's Artemis Moon missions and Elon Musk’s Mars colonization plans.
Lakers Sold in Record $10B Deal: Start of Mark Walter's Reign
The Los Angeles Lakers have been sold for a record-breaking $10 billion, ending the Buss family’s 46-year legacy. New owner Mark Walter, already behind the Dodgers and Chelsea FC, takes over as Jeanie Buss remains governor. Here's what this game-changing sale means for the NBA’s most iconic team.
Tyler Perry Sued for $260M by Actor Alleging Sexual Assault on Set of TV Shows
Tyler Perry, the renowned Hollywood filmmaker and media mogul, is facing a $260 million lawsuit filed by actor Derek Dixon, who accuses him of sexual assault and harassment during their work together on the television series The Oval and Ruthless.
Nippon Steel Officially Acquires U.S. Steel in $14.9B Deal
After 18 months of uncertainty and political pushback, Nippon Steel has finalized its $14.9 billion acquisition of U.S. Steel — but not without a twist. As part of the national security agreement, the Trump administration now holds what’s known as a “golden share,” giving the U.S. government a rare level of power over a private company
Microsoft and AMD Team Up for Next-Gen Xbox Chips, Including Handheld Consoles
Microsoft is doubling down on its Xbox hardware ambitions. The company announced a multi-year partnership with AMD to co-develop custom chips for its next wave of gaming systems — spanning traditional consoles to new handhelds like the Xbox Ally and Ally X.
Trump Grants Another TikTok Extension, Avoids Immediate Ban Amid Sale Uncertainty
President Donald Trump will once again delay the ban on TikTok, extending the deadline for ByteDance to sell its U.S. operations to a domestic buyer. The new 90-day extension, announced Tuesday, gives the Chinese-owned app more time to comply with a 2024 law that demands divestiture over national security concerns.With
Streaming Officially Surpasses Cable and Broadcast as Top TV Viewing Source in the U.S.
Streaming has officially taken over as the dominant form of TV consumption in the U.S., according to new Nielsen data. For the first time ever, streaming services accounted for 44.8% of total TV viewership in May 2025, edging out the combined share of broadcast and cable, which dropped to 44.2%.
Amazon CEO Says AI Will Shrink Corporate Workforce in Coming Years
Amazon CEO Andy Jassy confirmed what many in tech have been anticipating: generative AI is reshaping the workforce, and Amazon’s corporate headcount will shrink as a result. In a memo sent Tuesday, Jassy said the company will need fewer employees to do jobs that AI can now handle.
PC Optimum Just Got New Changes — Canadians Can Now Earn Points Through DoorDash
Earning rewards just got a lot more delicious. Starting June 16, PC Optimum members can collect points not only at Loblaw stores but also through eligible DoorDash orders from restaurants and participating grocery outlets across Canada.
Intel to Lay Off 20% of Factory Workforce in July Amid Strategic Shift
Intel is preparing for another wave of major layoffs this July, with reports confirming the company will cut 15–20% of its global factory workforce. The move comes as part of a broader restructuring effort under new CEO Lip-Bu Tan, despite the company still turning a profit in several divisions.
Oilers Stanley Cup Final, Panthers One Win Away From the Cup
The Florida Panthers took control of the Stanley Cup Final with a commanding 5-2 win in Game 5, pushing the Edmonton Oilers to the brink of elimination. Despite a packed Rogers Place crowd and a golden opportunity to shift momentum, the Oilers once again came out flat. They need to bring it all for tomorrow's next game.
WhatsApp to Start Showing Ads in App for the First Time
WhatsApp is officially getting ads. Meta announced on Monday that its messaging platform — long famous for its ad-free, private interface — will begin displaying advertisements within the “Updates” tab, marking a major shift for the service used by over two billion people worldwide.
Kering Names Renault’s Luca de Meo as New CEO in Bold Bid for Luxury Turnaround
In a surprise shakeup at the top of French luxury giant Kering, the group behind Gucci, Saint Laurent, and Balenciaga has appointed Luca de Meo — a veteran automotive executive and former CEO of Renault — as its new chief executive.
Tesla Unveils Upgraded Model S and X With Longer Range, Sleeker Design
Tesla debuts sleeker Model S and X: up to 410-mile range, new suspension, quieter cabin—now $5k pricier as shares inch higher despite rough 2025 start.
Mattel Taps OpenAI: First AI-Powered Barbie Toy Arrives This Holiday
Mattel teams with OpenAI to launch its first AI-powered toy this year, blending ChatGPT tech with Barbie and Hot Wheels for smarter, personalized play.
Nippon Steel Stock Jumps 3 % After Trump Green-Lights US$14.9 B U.S. Steel Takeover
Trump okays Nippon’s US$14.9 B buyout of U.S. Steel; shares climb as US$11 B investment plan unlocks coveted American market access.
Reddit Rolls Out AI-Powered tools to Turn User Chatter Into Ad Gold
Reddit debuts AI dashboard and comment summaries so brands can spot trends and embed positive user buzz directly under their ads.
Summer Fridays Are Disappearing — But is it a Fair Trade?
It’s the end of an era for the beloved Summer Friday. Once a rising perk, the number of North American workers enjoying early Friday finishes has dropped from 55% in 2019 to just 11% today.
Snap Bets $3 B on Wearables: Consumer-Ready Smart Glasses Launch Next Year
Snap’s $3 B AR gamble goes retail: lightweight Specs smart glasses launch 2026 to challenge Meta and lure creators into everyday mixed reality.
New Perk: Executive Costco Shoppers Get $10 Off Same-Day Orders Over $150
Costco’s Executive members score a $10 Instacart credit each month on same-day orders over $150—fresh relief as grocery inflation outpaces CPI.
Siri’s AI Upgrade May Not Land Until Spring 2026—Is Apple Already Too Late?
Apple’s long-awaited Siri overhaul—powered by Apple Intelligence—won’t hit your iPhone until at least spring 2026, according to a new report from Bloomberg’s Mark Gurman. That puts its release nearly two years after it was originally teased and raises a serious question: by the time it finally arrives, will anyone still care?
Tehran Shaken as Israeli Air Assault Eliminates IRGC Chiefs and Nuclear Scientists
Israel’s massive pre-dawn raid wipes out Iran’s nuclear chiefs, sparks drone counterattack, and pushes the region to the brink of full-scale war.
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