Linda Yaccarino Resigns as X CEO After Two Turbulent Years
Linda Yaccarino has stepped down from Elon Musk’s X, capping a bumpy tenure marked by advertiser battles, AI controversies, and the platform’s radical overhaul.
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Nvidia Becomes First $4 Trillion Company as AI Chip Boom Accelerates
A 2.5% stock jump sent Nvidia past a historic $4 trillion market cap, cementing its dominance in the AI hardware race and eclipsing Apple and Microsoft.
Jeff Bezos Sells Millions in Amazon Stock Post Wedding
Jeff Bezos is back in the headlines — this time for offloading nearly $666 million worth of Amazon shares, just weeks after tying the knot in a high-profile Venice wedding.
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.
Fleet management in 2025: A digital industry in motion
Although fleet management is often perceived as a mature and traditional business function, it continues to evolve in fascinating ways. In 2025, it stands at the intersection of data, automation, and business strategy — a source of operational intelligence and competitive edge, all provided by a new generation of fleet management solutions.
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.
Design Tools Are Powering the Next Generation of Custom Product Websites
Online design services are transforming how businesses and individuals customize products on websites. They have become a core part of many websites' consumer experiences, from clothing to merchandise.
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.
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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