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.
Congress Slashes $9 Billion in Public Media and Foreign Aid, Ending Federal Support for NPR and PBS
In a narrow 216–213 vote, the House has approved a Trump-backed plan to slash $9 billion in spending—targeting $1.1 billion in funding for the Corporation for Public Broadcasting, effectively ending federal support for NPR, PBS, and their local affiliates.
Meta Defies EU's AI Code: Zuckerberg’s Bold Rejection Sparks Tensions with Brussels
Meta has thrown down the gauntlet in Europe’s high-stakes AI standoff. Just weeks before the European Union’s AI Act begins to take effect, the tech giant has refused to sign the EU’s new voluntary Code of Practice—drawing a clear line in the sand over what it views as excessive regulation.
Meta Snatches Top Apple AI Talent for Superintelligence Labs
Meta is pushing even harder into the AI arms race, hiring two prominent artificial intelligence researchers from Apple—Mark Lee and Tom Gunter—to bolster its elite Superintelligence Labs team.
CBS Announces End of "The Late Show" Franchise in 2026
Stephen Colbert will conclude his run as host of The Late Show in May 2026, bringing the iconic CBS late-night franchise to an end after more than 30 years on air.
Jeff Bezos Backs Sydney Sweeney’s Lingerie Brand
Hollywood star Sydney Sweeney is taking a bold step beyond the screen and into the fashion world, launching her very own lingerie brand—and she’s not doing it alone. Backing her vision are some of the most powerful names in business: Amazon founder Jeff Bezos, his partner Lauren Sánchez, and private equity powerhouse Coatue.
Privacy Watchdog NOYB Targets AliExpress, TikTok, WeChat in New GDPR Complaint
Austrian privacy group NOYB has filed formal GDPR complaints against AliExpress, TikTok and WeChat, alleging the Chinese platforms block users from accessing their personal data and calling for EU regulators to impose stiff fines.
Juul Gets FDA Green Light for E-Cigarettes, Securing U.S. Market Comeback
Juul Labs has officially secured FDA authorization to keep selling its tobacco and menthol e-cigarettes in the U.S., marking a dramatic rebound for the once embattled vaping giant.
Uber Invests $300 Million in Lucid Motors to Launch 20,000 Robotaxis
The ride‑hailing giant will pour $300 million into EV maker Lucid and deploy a fleet of autonomous Gravity SUVs—powered by Nuro tech—starting in 2026.
Meta, Zuckerberg Reach Deal to End $8 B Privacy Trial
Mark Zuckerberg and a coalition of institutional investors have struck a last‑minute settlement, averting an $8 billion Delaware court showdown over Facebook’s past privacy breaches.
Trump Hints at Firing Fed Chair Powell But Says Unlikely, Markets Jitter on Mixed Signals
After telling House Republicans he might dismiss Jerome Powell, President Trump called the move “unlikely for now,” leaving investors and lawmakers guessing as legal questions loom.
Lululemon Teams Up With Tata CLiQ to Enter India, First Store and E-Shop Coming 2026
Canadian athleisure giant Lululemon will debut in India through a franchise partnership with Tata CLiQ, opening its first brick-and-mortar location and launching on Tata CLiQ Luxury and Fashion platforms in the second half of 2026.
Larry Ellison Surpasses Zuckerberg as World’s Second-Richest Man
Larry Ellison just leapfrogged Mark Zuckerberg on the global billionaire leaderboard. The 80-year-old Oracle founder now holds a staggering $251 billion net worth, propelled by a $60 billion gain in 2025 alone. His
Trump Unveils 10% Tariffs on Imports From Africa and the Caribbean
Washington will impose a flat 10 % duty on goods from more than 100 African and Caribbean nations starting Aug. 1, adding fresh tension to global trade.
U.S. Greenlights Nvidia’s H20 AI Chip Exports to China, Shares Jump 5%
Washington has cleared Nvidia to resume selling its downgraded H20 accelerator to Chinese clients, restoring a multibillion-dollar revenue stream and lifting the chipmaker’s stock to new highs.
U.S. Inflation Accelerates to 2.7% in June, Core CPI Hits 2.9% Ahead of Fed Decision
Annual U.S. consumer inflation rose faster than expected in June, complicating the Federal Reserve’s rate-cut calculus as tariffs and resilient service costs keep price pressures simmering.
SiriusXM Bets Big on Ads With Launch of New Cheaper Subscription Plan
SiriusXM is changing the dial on its business model. Known for offering commercial-free content in cars, the audio giant has introduced a new ad-supported subscription tier called SiriusXM Play. Starting at under $7 a month, the new plan gives users access to over 130 channels and aims to convert more free trial users into paying customers by offering a budget-friendly option that includes limited commercials.
Mira Murati’s Thinking Machines Hits $12 B Valuation in Oversubscribed Seed Round
The stealth AI-hardware startup led by former OpenAI CTO Mira Murati has raised $650 million in seed financing, vaulting its paper worth to $12 billion and setting a new benchmark for early-stage funding.
Broadcom Debuts 51.2-Tbps ‘Tomahawk Ultra’ Switch Chip to Take on Nvidia AI Networks
The new Ethernet silicon delivers 51.2 terabits per second and 250-nanosecond latency, promising a low-cost alternative to Nvidia’s InfiniBand for massive AI clusters.
Apple Invests $500 Million in Rare Earth Magnet Maker
Apple is making a bold bet on domestic production with a $500 million investment in MP Materials, a Nevada-based rare earth magnet manufacturer. The deal marks a major push to bring the production of key electronic components — namely neodymium magnets — back to U.S. soil.
Canada’s Inflation Ticks Up to 1.9% in June, Putting Spotlight on BoC Rate Call
The annual consumer‑price index rose faster than expected to 1.9 % in June, reviving debate over whether the Bank of Canada can start easing at its July 30 meeting.
Google Strikes Record‑Setting $3 Billion Hydropower Deal With Brookfield
Alphabet’s cloud and AI ambitions get a clean‑energy boost as Google inks the largest corporate hydro agreement ever, securing up to 3 GW of carbon‑free power across the U.S.
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.
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.
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